BIS committees unveil latest proposal for central clearing systems
The proposal has set out eight suggestions to encourage the widespread adoption of good market practices as well as enhancing the resilience of central clearing systems.
The proposal has set out eight suggestions to encourage the widespread adoption of good market practices as well as enhancing the resilience of central clearing systems.
The hire comes as custodians and buy-side firms rush to set up collateral management arrangements before the next phase of the uncleared margin rules.
The participation of CITIC CLSA is the latest milestone for BNY Mellon as it looks to make Chinese securities more widely accepted by global trading firms.
With less than a month to go, the pressure is on for buy-side firms to finalise documentation and custodial arrangements on their initial margin.
New solution includes new fixed-income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
Securities finance automation firm announces upgrade to CollateralConnect platform to provide enhanced visibility, workflow and controls.
The agency lending team has partnered with its buy-side arm to provide securities lending clients with the strategy.
The move comes as international investors look to significantly increase their access to China’s $13.9 trillion bond market.
Custodians and prime brokers have sought to unlock the use of ETFs as collateral in securities lending transactions.
The potential for lending ETF units to generate additional yield could be significant, as investors focus on driving recovery in returns after the COVID-19 crisis.