BNY Mellon’s Pershing chief Lisa Dolly to step down
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.
The proposals aim to shift trading activity away from bilateral markets and towards central clearing.
The ASX has opened a new Customer Development Environment (CDE) for users to test and interact with the new clearing and settlement system.
One of the most influential contributors to Europe's post-trade landscape passes away at the age of 64.
The service will also cover multi-asset execution, outsourced trading and introducing clearing services for hedge funds, mutual funds and family offices.
The PwC paper outlines by establishing an ICSD link could result in an increase in GDP of $13.4 billion over 10 years.
The transaction immediately follows the recent regulatory approval for DTCC to expand the DTCC its sponsored service clearing programme.
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.