A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
With the integration of MarketAxess CP+ and TraX market data into Arcesium’s Aquata and Opterra platforms, firms can connect front-to-back workflows and improve data accuracy
The firm has extended its multi-asset capabilities to support the trading of tokenised assets across its order, execution, and post-trade infrastructure
The firm says that the investments will support HQLAX’s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s DLR platform, and a planned migration to the Canton Network
The continuation follows a review by Muqassa and Thomas Murray in line with CPMI-IOSCO self-assessment, where financial market infrastructures evaluate their compliance with the 24 principles
Both firms have commenced activity with a global agency repo service, including agency trading, to support LME’s cash reinvestment activity and enhance LME Clear’s portfolio liquidity management