WFEClear: Key Findings on the Future of Clearing
Industry leaders met to share research and exchange ideas on the future of central and bilateral clearing.
Market Structure Reforms Challenge Broker-Dealers
Following the amendments to Rule 605, the complexity of reporting will increase for all firms.
BBH Rolls Out Pirum’s Recalls Manager Ahead of T+1
Aim is to reduce securities lending fails and leverage automation and real-time coverage.
Raymond James Names Paul Shoukry President and CEO Successor
Shoukry, currently CFO, will become CEO sometime in fiscal 2025.
Sterling Trading Tech Readies Broker-Dealers and Clearing Firms for May 28 T+1 Compliance
Institutional market participants are encouraged to communicate with their clearing firms to ensure compliance.
Buy-Side Industry Groups Sue SEC to Vacate Dealer Rule
Alternative managers would lose customer protections and be excluded from IPOs.
Webull Launches Futures Trading
The product will initially focus on futures outrights in a select group of highly liquid futures markets.
Banks Invest in United Fintech as Digital Transformation Gap Widens
BNP Paribas and Citi are the first institutional investors in the digital transformation platform.
DTCC Issues Guide for T+1 Conversion Weekend
Aim is for the industry to know what to expect, day-by-day, over the Memorial Day weekend.
