MarketAxess has reported its monthly trading volume for January 2021 totalled $575.3 billion, which consisted of $236.5 billion in credit volume and $338.8 billion in rates volume
Amid global challenges, Canadian pension funds are adapting their investment strategies, such as shifting asset management functions in-house — along with associated requirements for investment operations and systems
To avoid damaging market liquidity and stability, the trade body suggests the CSDR settlement discipline regime should be split in two, with cash penalties going live in February and the buy-ins held pending a “in-depth assessment"
EACH explains that a delay to CSDR’s SDR would provide market infrastructures and other market participants sufficient time to implement and would also avoid unnecessary duplicative implementation costs
Experts suggest HM Treasury’s assertion that its review will suddenly and significantly increase the opportunities for the asset servicing industry is far-fetched
ICMA has presented a ‘waterfall’ of proposals for implementing the SDR, based on its members’ assessment of what it considers most optimal in terms of minimising disruption to Europe’s bonds markets while still attaining the objectives of CSDR
Under the terms of MoU, CDS, CDCC and Euroclear are working together to develop an automated collateral management service for the domestic Canadian market
RBI's Johann Strobl says: “Our goal is to offer sustainable financial products and services to support our clients in their transformation towards a sustainable future and therefore to make also a positive contribution to society"
The new client, which currently manages more than €70 billion in assets, will utilise Confluence’s cloud-based Revolution platform for its performance measurement and attribution needs
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