All industry news

Citi goes live with Nordnet on its Securities Lending Access platform

29 March 2022 UK, Nordics
Reporter: AST

This solution brings together Citi’s lending platform with Sharegain technology to digitise the securities lending transaction lifecycle, aiming to democratise lending by extending access to a wider community of investors

Pirum enhances CoacsConnect to automate corporate actions process

29 March 2023 UK
Reporter: Carmella Haswell

The next phase of CoacsConnect will fully automate the voluntary corporate action process for the securities finance industry

Cobalt rebrands as part of United Fintech acquisition

28 March 2023 UK
Reporter: Lucy Carter

Post-trade foreign exchange service provider Cobalt has rebranded as CobaltFX after its acquisition by United Fintech in December 2022

Linedata opens Singapore office

27 March 2023 Singapore
Reporter: Lucy Carter

Linedata has opened a new Singapore office, with plans to employ new talent to serve both established and new clients

State Street set to acquire CF Global Trading

23 March 2023 US
Reporter: Lucy Carter

State Street is expected to acquire outsourced trading capabilities company CF Global Trading. The deal is due to close by the end of 2023

ESMA goes live with DLT pilot

23 March 2023 Europe
Reporter: Carmella Haswell

The pilot builds on the existing MiFIR regulation to include tokenised financial instruments. This aims to bring pre- and post-trade transparency and market abuse monitoring to DLT-based securities

DTCC’s MF Info Xchange service sees significant increase in distributed event notifications in 2022

22 March 2023 US
Reporter: Jenna Lomax

DTCC has reported that its MF Info Xchange service saw a 55 per cent growth in distributed event notifications between 2021 and 2022

SEC proposes new ruling on certain climate-related disclosures

21 March 2023 US
Reporter: Jenna Lomax

If passed, the ruling would mean registrants would be obligated to report climate-related risks that are “reasonably likely” to have a material impact on their business, results of operations, or financial condition