Deal with the international central securities depository will open up the Turkish government bond market to international investors.
The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators.
Citi has made a number of recent moves to expand its sub-custody network over the past year with new businesses in Finland, Norway and Saudi Arabia.
The clearing house has partnered with blockchain-specialist Axoni to develop the new system, and development is slated to begin in the second quarter of this year.
SGSS has promoted two of its senior sales executives to lead strategy and relationship management for two key client segments.
BNY Mellon has taken an active role in promoting the cleared repo and securities lending markets to its buy-side clients globally.
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.