Post-trade FastStart will enable clients to handle both domestic and foreign equity and bonds, stock lending, collateral management and real-time multi-currency, multi-market transaction processing
Euroclear Bank’s Yulan bonds are issued through Shanghai Clearing House and will enable Chinese issues to gain exposure to a wider foreign investor base.
“Q4 median plan return ranked as the second best over the past 10 years, trailing only 2020’s second-quarter return,” observes Mark Bovier, regional head of investment risk and analytical services at Northern Trust
MarketAxess has reported its monthly trading volume for January 2021 totalled $575.3 billion, which consisted of $236.5 billion in credit volume and $338.8 billion in rates volume
Amid global challenges, Canadian pension funds are adapting their investment strategies, such as shifting asset management functions in-house — along with associated requirements for investment operations and systems
To avoid damaging market liquidity and stability, the trade body suggests the CSDR settlement discipline regime should be split in two, with cash penalties going live in February and the buy-ins held pending a “in-depth assessment"
EACH explains that a delay to CSDR’s SDR would provide market infrastructures and other market participants sufficient time to implement and would also avoid unnecessary duplicative implementation costs
Experts suggest HM Treasury’s assertion that its review will suddenly and significantly increase the opportunities for the asset servicing industry is far-fetched
ICMA has presented a ‘waterfall’ of proposals for implementing the SDR, based on its members’ assessment of what it considers most optimal in terms of minimising disruption to Europe’s bonds markets while still attaining the objectives of CSDR