The services will offer emerging funds and other large institutions the necessities to clear, custody, execute, and finance US equities and options
Ferguson joined CIBC Mellon at the beginning of the joint venture between the Canadian Imperial Bank of Commerce and the Mellon Financial Corporation in 1996
Vicki Leonidis and Jean-Paul Joseph, who both join the firm as relationship managers, will be based in the firm’s Ontario and London office, respectively
The agreement between the two entities allows the bank to use Kaizen’s ReportShield Accuracy Testing to meet MiFIR reporting requirements
The offering will cover all aspects of exchange trading, from execution and risk management to surveillance, post-trade clearing and settlement processes
The service is designed to enable US-registered market makers to gain insights into strategies tailored to their needs, including their diversification into new asset classes and products
The programme demonstrates the interoperability of 22 independent distributed ledger applications in the capital markets domain, achieving the execution of more than 350 simulated transactions
Seibold brings more than 30 years of industry experience to the role, where he previously held senior positions across financial services, data, trading and post-trade platforms
