The Digital Securities Depository Corporation will receive safekeeping, transaction settlement, dividend collection, and FX payment services from State Street Digital
The peer-to-peer securities finance product will now allow borrowers to post US convertible bonds as collateral to facilitate new clients and strategies entering the programme
The Depository Trust & Clearing Corporation��셲 central trade manager service for US domestic trade matching has grown to more than 1,800 firms, with organisations further consolidating global post-trade flows on a single platform
FINBOURNE��셲 investment data platform LUSID, will provide a scalable and virtual real-time data repository, consolidating multi-asset class data across the businesses
LCH reports growing clearing interest from new and existing customers, while supporting the market with the latest phase of uncleared margin rules and cessation of LIBOR
The foreign exchange trading programme will add new trading capabilities, pivoting from a custody-focused service model to leverage a variety of client types for their rules-based, end-to-end transaction needs
Focusing on emerging markets and collateral within the securities lending sector, the firm seeks to implement high-level principles and make an impact within the industry
FICC, the DTCC subsidiary, argues that central clearing provides widespread benefits to the US Treasury market, including lower credit risk and settlement risk, improved liquidity and market access, and a more orderly system for liquidating positions
OCC��셲 securities lending central counterparty activity was up by 54.3 per cent in new loans compared to September 2020 with 170,991 transactions last month
