Commentary

Tim Quast
Traders Magazine Online News

We're All HFTs Now

In this guest commentary, author Tim Quast looks back at the history of HFT and how the market has evolved to where many firms now fit the definition of high-frequency trader.

Traders Poll

Are you in favor of a pilot program and examination of the rebate system by the SEC?




Free Site Registration

March 1, 2013

Euroclear- CitiAlliance

By Editorial Staff

Euroclear and Citi will jointly offer a collateral management arrangement in which assets held at both institutions will be available for use as collateral through the Euroclear Bank, officials of the two organizations said at presstime.

Euroclear officials said equity and fixed-income positions held within Citi will become eligible to be used as collateral when Euroclear Bank is an agent and manages the collateralization process. Under the alliance, Citi will continue to hold assets as the custodian while the assets move across markets and time zones through the Euroclear system.

 

(c) 2013 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/