Kepler’s Ellipsis AM set to acquire Rothschild AM convertible bond business
The transaction involves the transfer of two Rothschild portfolio managers, Cristina Jarrin and Mikael Dauvert, to Ellipsis.
The transaction involves the transfer of two Rothschild portfolio managers, Cristina Jarrin and Mikael Dauvert, to Ellipsis.
The letter lists challenges and opportunities found during the first year of application which include innovative solutions for cash settlement, custody through self-hosted wallets, interoperability and more.
The contract covers euro-denominated European government bonds and bills, corporate bonds, senior unsecured bank bonds, covered bonds, and supranational, agency and sovereign bonds.
Deal includes two framework agreements to supply electronic platforms for a variety of bonds, treasuries and interest rate swaps.
Taskforce states that the UK, EU and other European jurisdictions should align on T+1 with a regional timeframe possibly overriding the timeline.
Action keeps dark volume caps in place until the new Commission delegated single volume caps enter into force; whether the new rules can be legally enforced is still up for debate.
Annabel Smith explores the market’s growing interest in the request for market protocol, including the desire to shroud market impact, use cases, and whether or not it will ever become fully applicable for the buy-side when trading credit.
Individual joins after five years with Citi having previously served as an analyst at Morgan Stanley and JP Morgan.
Departing chief executive officer originally joined SIX in 2009 as part of a joint venture with Deutsche Börse.
Office of the Comptroller of the Currency (OCC) is ordering the bank to correct the deficiencies before onboarding new trading venues.