Greater acceptance of ETFs as collateral is one way of fully unlocking ETF inventory for market participants.
Collateral mobility system simulated transactions by several global banks including Commerzbank and ING, and confirms launch date.
Standard Chartered hopes the move will boost acceptance of Chinese debt as collateral for its foreign investor clients.
The two institutions will also explore opportunities to provide cross-border collateral management services for RMB-denominated securities.
BNY Mellon will use the ISDA Create platform to enable its buy-side clients to electronically amend and update their initial margin documents.
New lending exchange claims its delivering a ‘critical piece of financial markets infrastructure to the crypto economy’.
Euroclear stated the new solution will make tri-party a portable service offering, agnostic of the settlement and custody location.
The final phase would of enforced thousands have asset managers, hedge funds and insurers from September 2020.
Industry welcomes consultation paper which addresses which securities financing transactions will be reportable for incoming regulation, among other aspects.