News search | Securities Finance Times

Generic business image for news articles

S&P Global and IHS Markit receive conditional approval from European Commission concerning merger
25 October 2021 UK
Reporter: Jenna Lomax

S&P Global and IHS Markit have received conditional approval for their US$44 billion merger from the European Commission

AFME: T+2 is quicker than it used to be, but is it enough?
20 October 2021 UK
Reporter: Maddie Saghir

The settlement date for stocks used to be T+5, before moving to T+3, and now most markets operate on a T+2 settlement cycle, but panellists at the AFME conference discussed whether or not the T+2 cycle is enough

AFME: The regulator will ‘struggle’ to catch up with the evolving digital assets space
19 October 2021 UK
Reporter: Maddie Saghir

The industry is entering a fascinating era and the regulator will struggle to catch up because the system is evolving rapidly and becoming extremely dynamic, experts predict

David Curneen joins EML Payments in newly created role
19 October 2021 US
Reporter: Maddie Saghir

David Curneen will have responsibility for the financial and operational performance of EML Payments' business units

J.P. Morgan reveals Q3 2021 results
19 October 2021 US
Reporter: Maddie Saghir

J.P. Morgan has revealed that its markets and securities services revenue was $7.5 billion for Q3 2021, which marks a decrease of 4 per cent compared to Q3 2020

Ivan Gilmore is appointed LCH head of cash equities
18 October 2021 UK
Reporter: Carmella Haswell

Ivan Gilmore will be responsible for the development and management of LCH Ltd and SA, overseeing the clearing of cash equities products and leadership of the services

Citi sees securities services increase for Q3
15 October 2021 US
Reporter: Maddie Saghir

Citi’s securities services revenues of $692 million have increased 10 per cent on a reported basis and 9 per cent in constant dollars for Q3 2021

ESMA appoints Verena Ross as new chair
15 October 2021 EU
Reporter: Bob Currie

German national Ross served as ESMA executive director from 2011 to 2021 and previously held regulatory positions in London

Tony Pank leaves Deutsche Bank for Citibank
15 October 2021 UK
Reporter: Jenna Lomax

Tony Pank has left his role as head of global markets production support and global lead post-trade after nearly 10 years with Deutsche Bank to start a new role at Citibank

Crestbridge appoints new head of transfer agency
14 October 2021 Ireland
Reporter: Jenna Lomax

Crestbridge has appointed Conor O’Brien as head of accounting and transfer agency as part of its expansion in Ireland

DTCC’s CTM now used by more than 1,800 firms
12 October 2021 US
Reporter: Jenna Lomax

The Depository Trust & Clearing Corporation’s central trade manager (CTM) service for US domestic trade matching has grown to more than 1,800 firms, with organisations further consolidating global post-trade flows on a single platform

T+1 for equities will be standard within five years, predicts Citi
11 October 2021 UK
Reporter: Jenna Lomax

Some 50 per cent of market participants responding to a Citi survey predict that immediate settlement will be achievable within five years, and emerging technologies, such as distributed ledger technology, will be a key factor for enabling this