The move comes as part of Marex’s strategy to expand its global client offering in the Asia Pacific region; follows the Australian Securities Exchange adding Marex as a futures clearing and trading participant earlier this month.
The linking of the two offerings is set to enable increased efficiency for asset management businesses in their processes.
The TRADE sits down with Tobias Stein, head of fixed income and trading at Quoniam Asset Management, to discuss the EU’s consolidated tape (CT) plans, unpacking key data considerations, empirical use cases, and what providers of the tape should consider.
Views come as UK expected to reveal shorter timeframe for T+1 switch than European counterparts.
With fail rates high due to market volatility and penalties pouring in through CSDR, experts are recommending Europe addresses current inefficiencies, or risk complicating matters though a rushed move to T+1.
Emerging markets expert Mark Mobius, founder of Mobius Capital Partners, sat down with The TRADE to discuss the ever-evolving EM space, delving into who the global contenders are, the importance of embracing new technologies, and what he believes makes for an optimal trading strategy.
Through the addition, the Australian market will open up and add competition, filling the void left by major banks departing, says Marex.
The Options Price Reporting Authority (OPRA) was set to double data dissemination to a 96-line multicast data distribution network earlier this week; the rescheduled date is now 5 February 2024.
The Stock Connect development is aimed at standardising and streamlining post-trade workflows, enhancing operational efficiencies and transparency whilst reducing settlement risks.
The move follows Barclays, Barclays Ireland and Goldman becoming clearing brokers at LCH’s CDSClear over recent months.