In contrast, UK-CCPs have only been granted time limited equivalence of three years to reduce EU institutions reliance on them.
The asset manager will use the suite of buy-side solutions to manage market risk exposure and liquidity and investment risk.
Regulator has confirmed that the mandatory reporting regime will not apply from 15 August to 14 November; investment managers will also not need to perform SI tests.
Incoming CTO joins Horizon Software from rival trading systems vendor Itiviti, recently acquired by Broadridge.
Lack of equivalence between the UK and Europe post-Brexit saw a huge chunk of derivatives trading move to the US, however, proposed upcoming regulatory changes have the potential to push some of that liquidity back across the pond.
Incoming executives join State Street’s global markets division from Janney Montgomery Scott, Instinet, Northern Trust and BNY Mellon.
According to Substantive Research, prices paid by buy-side institutions massively vary across reporting licenses, index access and index products.
New managing director for Outset has held head of trading roles at Perry Capital, Adams Hill Partners, Caxton Associates and JonesTrading.
Instead, the association has laid out its own recommendations which it predicts will protect the role of a market maker as a liquidity provider and banks as shock absorbers.
New outsourced trader at TORA previously served at GFI Group, Mirae Asset Global Investment, Bloomberg’s Tradebook, UBS, Citi and Cabrera.