In this guest commentary, Jim Toes, president and CEO at the STA, discusses the candidacy of SEC Chairman nominee Jay Clayton and what his unique credentials can mean for the capital markets.
In this week's On the Move, Jane Street adds a Wall Street pro its ETF research group while Instinet snags a trio of executives for its Research and Research Sales team. Also, see who's moving around at Goldman Sachs and who might be joining the Trump Administration.
The DTCC today announced that it has selected three major technology firms to provide a distributed ledger technology framework to drive further improvements in derivatives post-trade lifecycle events.
Non-U.S. investors seeking custody and related services for their investment portfolios from U.S. financial institutions are currently faced with a unique supply/demand problem.
A guide to correspondent clearing firms as presented by Clearing Quarterly & Directory.
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
The Chicago-based Options Clearing Corp., the largest equities derivative clearing firm, saw record clearing volumes in the first month of 2014.
Longtime Omgeo CEO and president Marianne Brown has stepped down from the Depository Trust & Clearing Corp. subsidiary and will be replaced by Paula Sausville Arthus.
Hedge fund managers, private equity firms and fund administrators looking to manage incoming and outgoing alternative investment data now have a cloud-based choice from SunGard.
IntercontinentalExchange Group's Trade Vault Europe, its European trade repository, processed roughly 4.5 million trades across energy, agricultural commodities, metals, credit, interest rates and equity derivatives its first day.