Equities and fixed income financing rose in the first quarter at Goldman Sachs, as hedge funds increase balances.
As the value of assets under custody and interest rates decline while the commercial pressure on new services increases, one report has estimated another annual drop in custody revenues.
Market volatility sparked by the COVID-19 pandemic has resulted in a significant increase in prime brokers asking for more collateral from hedge funds.
EUI had planned to increase its asset maintenance charge in April this year, after initial discussions with its key users in November on its pricing structures.
The Coronavirus pandemic has forced the ASX to delay the planned April 2021 implementation of its blockchain-based equities post-trade platform.
The majority of respondents said the global pandemic was impacting their ability to prepare for upcoming regulations.
As Singapore, Hong Kong and China begin to recover from the effects of the Coronavirus pandemic, one global service provider sees the momentum moving east in the weeks to come.
The $35 billion super fund decided to defer the move from a ‘risk management perspective’, given the extreme market volatility caused by the COVID-19 virus.