News and Notes

Bloomberg: South Korea to lift short selling ban in March

HSBC pilots quantum-safe technology for “tokenized physical” gold

Bloomberg: Citadel shelves plan to become primary dealer

Reuters: US law firm awarded $102mn from EquiLend antitrust settlement

Argentina bourse to adopt Nasdaq’s clearing platform

Australia prioritizes wholesale CBDC for tokenization settlement

Regtech Global Relay launches AI voice surveillance

LSEG launches cross-asset pricing and referencing data warehouse in cloud

Ownera and Fnality partner on tokenized money

BlueFlame AI targets AIMs with genAI unstructured data feature

NY Fed removes 2 Goldman Sachs funds as RRP counterparties

ESMA advisory group flags securities lending risk from CSDR buy-in exclusion

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