Eurex Clearing to wind down securities lending service following muted volumes
Pressures from COVID-19, regulations and changing geopolitical market trends, as well as low volumes, have forced Eurex to prioritise other activities.
Pressures from COVID-19, regulations and changing geopolitical market trends, as well as low volumes, have forced Eurex to prioritise other activities.
The joint initiative will work on developing an automated collateral management solution for the domestic Canadian market.
The membership gives the bank the opportunity to work closer with CSD and CCP members on a number of key industry topics.
Clearing houses are often seen as best practice for frontier and emerging markets to attract inbound capital, however some African markets are not convinced.
After two years of headwinds, Pakistan is set for capital market reforms and ongoing stabilisation in economic fundamentals.
As UK and European regulators clash over post-Brexit share trading rules, it could spell further divergence for post-trade arrangements.
Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
Morgan Stanley and Dutch Pension fund PGGM are in the final stages of testing to become the first to use the EquiLend Clearing Services connectivity to access Eurex Clearing’s securities lending CCP.
Saudi Arabia opened its doors to foreign investors three years ago and has been touted as the next up and coming market.
The bank cleared the first lot of cash and repo trades on behalf of the Healthcare of Ontario Pension Plan (HOOPP).