News and Notes

Pirum launches pre-trade connectivity for securities financing

Axoni sells post-trade tech business to LSEG

Fireblocks and Chainlink team up for regulated stablecoin issuance

Euronext completes LCH SA migration and Borsa Italiana integration

BNY, Eurex, SDX among 40+ participants in BIS cross-border tokenization project

Morningstar integrates Broadridge’s SBL capabilities for advisors

Broadridge integrates asset servicing functions into modular platform

Canadian bank goes live with first HQLA use case on Broadridge’s DLR

AIMA to EC: “no need for new AI-specific policy making”

Eurex expands direct access to US IBs for extended US-day execution

People moves: Banco de España, BIS, Commerzbank, Deutsche Börse, Northern Trust, Nu Quantum, PASLA, Pirum, Sharegain, STAC, TMX, US SEC

Nasdaq CSD adopts Clearstream solution for Baltic T2S access

MUFG EMEA and Doha Bank execute first green repo in ME

J.P. Morgan: solving quantum linear systems on hardware for portfolio optimization

ISLA releases global securities lending market report for H1 2024

SIFMA, ICI, DTCC release T+1 planning report

Wells Fargo releases case study on quantum key distribution

LCH clears first ZARONIA swaps for South Africa banks

Velocity Clearing opens Chicago office on options expansion

UK publishes 2nd near-final Basel 3.1 rules on credit risk, the output floor and more

ISDA responds to Australia’s CFR on bonds and repo clearing

ICMA and ISDA on Draghi’s €800bn challenge for Europe’s CMU and financial services

Unicredit acquires 9% equity stake in Commerzbank

Wematch launches TRS cash flow management in US

Fed’s Barr plans elimination of minimum haircut floors for securities finance transactions in US Basel III Endgame revision

W&C chimes in on 13f-2 and Citron’s “short and distort” campaign

HSBC, CommerzVentures among investors in FINBOURNE £100mn+ fundraise

NY Fed removes three counterparties from RRP

Indonesia CCP taps VERMEG to expand collateral management

People moves: BIS, Broadridge, FIS, GLMX, HSBC, Investec, ISLA, NY Fed, Taskize, Two Sigma, US SEC, VERMEG, XTX Markets

UK, US and EU among first signatories of global AI treaty

AIMA/Marex survey shows small funds focus on costs and efficiencies

Bloomberg: UST and UST repo clearing risks fracturing market

FIA Tech expands TDN capabilities with Broadridge network

WCAS completes EquiLend acquisition

Ownera and Adhara partner for digital cash and collateral interoperability

Robinhood launches securities lending in UK

Citi survey shows boost to non-CBDC options as traditional and digital assets converge

Broadridge warns on DORA is “worldwide regulatory priority” as deadline looms

Mediobanca goes live with Murex’s collateral and SIMM solutions

IIAC recommends fine tuning CIRO’s short sale settlement revision

Broadridge launches data analytics cloud platform

Nasdaq: CCP competition will depend on collateral tech

BCBS warns on permissionless DLT risks and weighs mitigants

BIS and BoE to examine ISO 20022 use for data analytics

Arab Times: Kuwait clearinghouse introduces new securities lending service

ICMA sustainable repo survey shows collateral remains top priority

ESRB on banks’ vulnerability to deposit runs and LCR accounting

Bank Director: FDIC brokered deposits rule could upend bank balance sheets

Business Standard: Sebi seeks RBI support for corporate bond repo market