News and Notes

Euroclear and Transcend partner on collateral optimization service

FICC adds cross margining and repo to VaR calculator ahead of UST clearing

Pirum boosts 3rd party collateral optimization with joint Euroclear service

FSB flags resolution and LAC rules for “banks systemic in failure”

NIST consults on transition to post-quantum cryptography standards

Eurex: cleared repo markets adapt to ECB policy shifts

Reuters: bitcoin surge triggers billions in losses for crypto shorts

SIX to acquire Aquis for £207mn in all cash deal

KED: foreign banks resist heavy short selling fines in Korea

ABN Amro executes repo pilot trades with CeBM on DLT

AFME & ICMA: UK FCA bond post-trade transparency policy works for future CT

Commentary round-up: how will a Republican administration affect US regulations?

ICMA: European repo market up 7.1% to a record €11.1trn in June

FT: BlackRock in talks for minority stake in Millennium

FSB: large majority of jurisdictions make progress on climate disclosures

WFE: FTTs can reduce market liquidity and raise hedging costs

AI-assisted researchers lead product innovation with automation of “idea generation” tasks

Caisse des Dépôts issues first digital bond using Euroclear and Banque de France DLTs

Clearstream and Intesa Sanpaolo use Banca d’Italia link to issue and distribute CP on DLT

QCAM: US policy changes could enhance USD exceptionalism or end it

People moves: BBVA, BMO, Broadridge, Capital.com, FINBOURNE, IIAC, ING, J.P. Morgan, LCH RepoClear, MarketAxess, Morgan Stanley, Santander, Taskize

Korea regulator tightens net short position balance

MAS and BdF test post-quantum cryptography for emails

DB flow recap from Sibos: T+1 gets a reality check

NuQuantum taps CERN tech for data center-scale quantum computing networks

S3: post-US election, “green” shorts set for a win, DJT shorts losing

ECB’s Schnabel: mitigating upward pressure on repo rates depends on MM rate/DFR arbitrage

Federated Hermes’ CIOs on US election impact for equities, liquidity and fixed income

AI service Ark51 adopts CDM for data extraction

Citi and Fidelity demo tokenized MMF with real-time settlement

Singapore gets highest grades in Sumsub’s global fraud index

HKMA’s Yue says AI has no boundaries and advancing at unprecedented speed

BoE’s Breeden targets leveraged crowded trades for scrutiny as AI progresses

Euroclear and HSBC join MAS and global banks for collateral and settlement in digital infrastructure

BIS researchers test central bank-specific language models

BIS: bid-ask spread activity behind August VIX spike, not ETF hedging

BIS: AI “embedding” can predict what investors buy after selling portfolios to central banks in asset purchase programs

Finbridge taps LEI as standard for fintech verification

European exchanges back Plato’s new standards for market outages

AIMA: UK budget supports recognition of private credit managers’ role in financing economy

Goldman Sachs tests financial quantum applications with UK startup

UBS AM launches its first tokenized fund on Ethereum

The Banker: BIS backs out of CBDC project mBridge

Wematch adds $/€ equity repo data to D&C service

US Treasury recommends SLR exemptions for UST and clearing SRF operations

CME lays out UST repo clearing proposals amid reports of talks with regulators

Bloomberg: Turkish officials mull ending short-selling ban

CCMA publishes T+1 overview, suspends operations

Fnality pilots uncleared margin transfers on DLT with 3 banks

US Treasury flags repo market tokenization benefits and warns on stablecoins