Eurex Clearing is launching a new buy-side membership type to allow a direct contractual relationship with the clearinghouse, facilitated by a clearing agent, starting Q3...
The US T+2 Industry Steering Committee (ISC) has announced 5 September 2017 as the target date for the market to move from a T+3 to a T+2 settlement cycle...
The European Securities and Markets Authority (ESMA) has published a discussion paper to collect feedback on the technical implications of the upcoming Benchmarks Regulation...
BNP Paribas has announced increases across the board in its securities services business for 2015, including a 30 percent increase in assets under administration...
Exchange traded fund assets held by financial intermediaries reached an all-time high of $2.2 trillion in 2015, according to data from Broadridge’s Fund Distribution Intelligence...
BNY Mellon has seen mixed results in its investment management business, with a slight 1 percent increase in assets under custody contending with a 4 percent slump in assets under management...
Northern Trust has seen an increase in assets under custody in its Q4 2015 results, however assets under management and custody and administration fees revealed more turbulent figures...
National Settlement Depository, Russia’s CSD, has seen a 28 percent increase in assets under custody, while the number of securities issued and the value of registered payments both also increased...
An industry coalition has welcomed a letter from the head of the Securities and Exchange Commission (SEC) supporting the move to a two-day settlement cycle in the US...