In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
Nomura's joint venture platform, Komainu, is aiming to create a cryptocurrency ecosystem fit for institutional investors.
Prime brokers are now stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
Highly regarded market structure expert to join RBC from BNY Mellon.
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
JP Morgan welcomes multiple new additions to its agency securities financing team to lead the business globally.
Many institutional investors have held back from large-scale investing in cryptocurrencies, largely because of a lack of certainty around the storage and security of digital assets.