The Brazilian Clearing and Depository Corporation (CBLC) has signed a memorandum of understanding (MoU) with Euroclear and has been in partnership talks with settlements provider Omgeo.
The global board of the Securities Industry and Financial Markets Association (SIFMA) has expanded its coverage of the equities markets with the integration of European Securities Forum (ESF) with a newly-formed unit, the European Primary Markets Division (EPMD).
Stenham Asset Management has launched its first Japanese yen (JPY) share class in its Stenham multi-strategy fund. This complements the existing US dollar, euro and sterling share classes.
Investment bank Citi has bought a minority stake in Tradeweb, a multi-asset-class, over-the-counter (OTC) online marketplace owned by The Thomson Corporation.
Since the collapse of the US sub-prime mortgage market in August 2007, the performance of banks in the US, Europe and Asia has shaken some companies’ confidence in their reliability as sources of essential funding, according to a new study.
Centurion Bank of Punjab, a private sector bank, is deploying SuperDerivatives’ SD-Banks multi-asset derivatives platform, together with its SD-IR interest rates module.
In response to market speculation, BNP Paribas has announced that it is no longer considering a potential tie-up with fellow French bank Société Générale.
Trayport, a supplier of multi-asset-class trading technology, has been acquired by GFI Group, an inter-dealer broker specialising in over-the-counter derivatives products and related securities.