Migration to LSEG’s clearing and risk technology platform Millennium will reduce end of processing time for market participants.
New working group will look to solve complications for pension funds in providing cash collateral as variation margin.
Royal Bank of Canada and its Channel Islands subsidiary have joined LCH RepoClear as clearing members for Euro and Sterling debt.
Bank to combine global markets and securities services businesses into a single unit, handing new roles to its two custody heads, Global Custodian understands.
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Pershing has recruited two new sales directors who will be tasked to support its ambitious growth strategy for Europe.
JP Morgan has developed a DLT-based system alongside Baton Systems to speed-up and automate post-trade margin payments.
Attitudes towards the disruptive nature of DLT as a solution to everything post-trade have significantly changed since Sibos 2017.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
GC Legend takes up new role at Commerzbank as part of an organisational restructure.