The clearinghouse confirmed the move was to reduce reliance on CCPs outside of the EU in line with regulatory objectives.
The move will allow Cboe to increase its presence in the APAC region, while SBI will be able to benefit from Cboe’s expertise in equities and digital assets.
The Kingdom has appointed five international banks to act as market makers in a bid to boost its secondary debt market.
The magazine features exclusive interviews, insights, and the official accompanying event agenda for this week’s upcoming event in Amsterdam.
A new paper discusses the pros and cons of a one-day settlement cycle in Europe, a topic the industry seems to be reluctantly accepting is on the horizon.
In a joint risk report, the European Supervisory Authorities provide five policy actions for competent authorities, financial institutions and market participants to deal with ‘deteriorating’ economic outlook.
European investment grade bond prices fell 15% in wake of Russian invasion and inflation, finds ESMA
ESMA risk report found prices dropped 15% peak-to-trough between August last year and May 2022, nearly double that seen during the pandemic.
Speaking to The TRADE, Liquidnet’s APAC head of equities and global head of equity product says the new pre-market block liquidity will allow firms to engage with liquidity without trading throughout the day.
Incoming head brings considerable experience to the role, having previously served at Société Générale, Royal Bank of Scotland and BNP Paribas.
As part of the expansion, the market maker will begin to offer US fixed-income products to Japanese institutional investors.