The fine relates to eight breaches of the regulation surrounding the trade repository’s failure to ensure the integrity of data and give regulators direct and immediate access.
Clients will benefit from a unified process that accepts trade data, checks for accuracy and validity, and sends the transaction data to Euronext ARM directly.
The Securities and Exchanges Commission (SEC) found that RBC allocated bonds intended for institutional investors to parties who then resold them to broker-dealers at a profit.
Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.
DRW Venture Capital and CMT Digital also joined the funding round alongside existing investors Jump Trading and LiveOak Venture Partners.
New advisor at Qomply spent nearly 20 years at ICE, serving as its president for its European futures business for 11 and a half years.
Cboe Futures Exchange will launch futures on the Ameribor Term-30 interest rate benchmark in September, subject to regulatory approval.
Inquiry follows the Competition and Markets Authority inviting participants to comment on the acquisition of IHS Markit by S&P Global on 28 June.
The agreement will allow the two regulators to exchange information relating to major security-based swap participants.
With less than a month to go, the pressure is on for buy-side firms to finalise documentation and custodial arrangements on their initial margin.