The two firms are currently the only CCPs in the region to receive the accreditation; move is expected to strengthen connectivity between markets in Europe and the United Arab Emirates.
The collaboration supports Amundi’s efforts to expand its footprint in the Middle East and follows increasing demand for investment solutions across the region.
BlackRock and BNP Paribas executed the inaugural transaction on the platform; the launch is set to help support the growth of Saudi Arabian capital markets and boost global investor interest.
The partnership will now cover EquiLend’s full suite of post-trade and trading automation.
Two new post-trade subsidiaries have also been announced, helping support the securities markets.
Market onlookers from Grasshopper Asia, FIS, Eurex, Tradeweb, and Sustainable Trading provide an additional view on what they believe will be the key macro-economic factors in the year to come, delving into their potential impacts in Europe, the US, Asia, and beyond.
The move builds on the bank’s drive to expand securities lending in the UAE and wider Middle East.
New location will help the firm better deliver services across the Middle East and North Africa region.
Alongside the Dubai presence, Marex has made the first hire for the team in the jurisdiction; individual joins from IG Prime.
Called WorldTrader, Interactive Brokers’ new digital investment platform will enable HSBC clients in the UAE to trade equities, ETFs, and bonds in 25 markets across 77 exchanges.