The Bank of England’s Andrew Hauser says that buy-side concerns with compliance remain an issue, with just 11 of the 30 largest buy-side firms agreeing to adoption.
UBS will act as intermediary for smaller firms with limited bilateral credit and relationships on Cboe FX.
Acquisition of Chicago-based tech vendor follows deal last year for Convergex’s options business, Liquidpoint.
Nasdaq US corporate bonds exchange launches after receiving SEC approval last month.
Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
Northern Trust will provide custody, depository, fund accounting and FX services to the investment trust, and fund administration to Mobius Emerging Markets Fund vehicle.
Asset manager continues multi-asset drive with Michael Ho to join Janus Henderson as global head of multi-asset and alternatives.
The linked derivatives order book partnership between LSEDM and Oslo Børs has been in effect since 2009.
Northern Trust has agreed to acquire Chicago-based FX algo trading platform and global liquidity aggregator provider, BEx.
Nasdaq has acquired alternative data provider Quandl as the exchange group diversifies its technology and analytics offering.