Tag: Cross/Multi asset

DTCC nears filing for tri-party repo CCP

Within the next few weeks, the Depository Trust and Clearing Corporation’s subsidiary Fixed Income Clearing Corporation intends to officially file a rule with the US Securities and Exchange Commission and Federal Reserve to provide central clearing for the institutional tri-party repo market.

ASX unveils major tech revamp plans

Cinnober will upgrade the Australian Securities Exchange’s trading technology for its equity and derivatives markets in a bid to cut connection costs for clients and bring new products to the market quicker.

ICAP chief sees signs of market revival

ICAP’s revenue for the first half of the financial year dropped by 14% compared to 2013, however the interdealer broker’s CEO has seen signs of a resurgence in recent weeks.