BNY Mellon has centralised the leadership for the custodian’s capital markets businesses which include Pershing, Clearance and Collateral Management, and Markets.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
The French custodian is working towards becoming a general clearing participant of the exchange, which is expected to be completed within the first half of 2021.
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.