News Archive

April 24, 2014

BNP Paribas unveils CCP outsourcing service

BNP Paribas unveils CCP outsourcing service

BNP Paribas Securities Services is offering to manage collateral and central security depository connectivity for clearing houses, ahead of incoming OTC derivatives rules. read more>

April 24, 2014

DTCC backs T+2 for US market

The Depository Trust and Clearing Corporation has thrown its support behind initiatives to introduce a shortened settlement cycle in the US in order to help reduce credit and liquidity risk. read more>

April 24, 2014

Haynes becomes chair of Neonet board

CEO and founder of Aquis Exchange, Alasdair Haynes, has been appointed as non-executive chairman of agency broker Neonet Securities. read more>

April 23, 2014

Market making key for bank fixed income revenues

Market making key for bank fixed income revenues

Recent investment bank results have revealed a continued slump in fixed income business, but a new approach to market making could help drive future profitability, according to Stu Taylor, CEO of fixed income solutions provider Algomi. read more>

April 23, 2014

Hybrid Goldman trading system cuts costs for buy-side

Goldman Sachs has seen a significant reduction in trading costs for clients through a new service aimed at merging low- and high-touch trading channels. read more>

April 23, 2014

Clearstream expands hedge fund business with acquisition

Clearstream has acquired an Ireland-based hedge fund custody processing business in a move that will extend its connectivity services to 35,000 new funds. read more>

April 23, 2014

US veteran to lead Liquidnet technology team

US veteran to lead Liquidnet technology team

Block crossing network operator Liquidnet has appointed former Wells Fargo and Deutsche Bank executive Bob Garrett as its new head of technology. read more>

April 23, 2014

Barclays iPad app makes research available on the go

Barclays has launched an iPad app for institutional clients to access its research, data and analytics. read more>

April 23, 2014

SFC fines RBS for control failures after unauthorised trading

Hong Kong’s Securities and Futures Commission has fined the Royal Bank of Scotland HK$6 million for internal control failures, having failed to detect or prevent unauthorised trading activities in its Hong Kong emerging markets rates business. read more>

April 22, 2014

Counterparty control encourages large trades, says SocGen

Letting clients have greater control over their counterparties could be key to increasing block trades, according to Société Générale. read more>