15 September 2023North America Reporter: Jenna Lomax
By leveraging Mediant’s technology and distribution platform with its software solution, Proximity will be able to offer reporting and real-time processing to North American-based custody banks, financial intermediaries and their customers
Citi aims to offer a complete end-to-end solution, from trading and research to custody, clearing and settlement, to international investors investing in China
The proposal would require a significantly larger portion of the U.S. Treasury cash and repo markets to be centrally cleared through an SEC-registered central counterparty
The new venture will provide private equity fund tax services, management company services and digital solutions with Robert Caporale as group president
The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group Interest Rate futures
Apex says its presence in Korea will supplement its existing regional offices in China, Hong Kong, Japan and Singapore, where Apex Group employs more than 500 people