News and Notes

DTCC survey shows geopolitics, inflation and cyber as top 2023 risks, funding liquidity concerns rise

BNY Mellon to integrate Baton’s collateral product into platform

BIS warns on dollar debt in FX swaps and forwards: “huge, missing and growing”

Barbados CSD becomes 100th ANNA member, DRC central bank and India’s IFSC confirmed partners

Acadia launches data analytics tools for reporting

Pico expands flagship monitoring platform into the cloud with Corvil analytics

BrokerTec US repo ADV up 13% at $292bn yoy in November

DataLend: seclending revenue up 3% yoy at $811mn in November

OFR publishes findings on US non-cleared bilateral repo margin practices

Tradeweb’s repo ADV up 7.8% at $395.6bn yoy in November

CME launches Italy and Germany benchmarked RFR futures

Barclays unveils NLP tool to monitor ECB comms

Fnality, HQLA^X and major banks execute first cross-chain repo swap pilot

New York Fed paper: Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP

X9 updates report on quantum computing risks for financial services

Clear Street’s Subbu on the launch of automated locates platform ATLAS

ASIFMA/ICMA H1 survey sizes APAC (ex-Japan) repo market up 19.5% at $310.9bn

Eurosystem reschedules launch of new collateral management system

OCC stock loan ADLV down 19% to $111.6bn, transactions up 9% yoy in November

Eurex’s Graulich on the Eurex-LCH basis

El Pais: new prefixes for huge and tiny numbers amid data and computing explosion

Fed’s Barr on the direction of bank capital regulation

GLMX hits $1trn daily balance for first time

Georgia central bank adopts Bloomberg’s E-Bond tech for repo

Whalen Global Advisors: Is JPMorgan Chase Insolvent?

Bank of England issues consultation paper on Basel 3.1 implementation

BBH and State Street terminate acquisition plans; BBH no longer looking to sell

LI: ISLA explores legal aspects of digital assets in securities lending

GLEIF links 98% of global LEIs to S&P Global company IDs

ESMA publishes new Q&A on CSDR settlement fails

Basel Committee: non-bank financial intermediary (NBFI) sector continues to grow and has the potential to cause financial stability concerns

Protos: The curious case of FTX and Farmington State Bank, aka Moonstone

SIFMA: repo-on-DLT use cases in the context of a Basel infrastructure risk add-on

State of quantum computing commercialization and how finance fits in

ISLA/Ashurst: Preparing the Global Master Securities Lending Agreement (GMSLA) for an Evolving Digital Asset Landscape

DBS joins JPM’s Onyx network, completes first repo trade

ISDA Launches Digital Regulatory Reporting 1.0 and Opens Access to Entire Market

Check out the BIS’s interactive dashboard on GSIB exposures

BIS working paper: Systemic Risk in Markets with Multiple Central Counterparties

SimCorp and AccessFintech team up on buy-side data management tech

DTCC launches assisted model for buy-sell side regulatory reporting

NY Fed: reserve balances increasingly used for short-term funding operations

ASIFMA calls on Korean market to make seclending reforms

Bilateral repo margins are too low, say Gary Gensler and Nellie Liang at the Fed’s 2022 US Treasury conference

BoE working paper: Stress relief? Funding structures and resilience to the Covid Shock

Liquidnet on equities: strong appetite for large block trades, markets can turn on a dime

Eurex market briefing: term business stays elevated over year-end

State Street partners with FinOptSys on peer-to-peer financing platform

Taipei Times: Taiwan keeps short selling ban despite market rebound

ECB posts Q&A on securities lending programs, ups limits from €150 billion to €250 billion