Firms say DLT can sit with current market practice, but instantaneous settlement 'not desirable'
Citadel hires SEC director as general counsel; MUFG’s new leveraged finance head; Nomura changes India chief; and more
Requirement to recover from cyber attack within two hours unrealistic, he says
Recent changes at the CFTC, Ferc, Shell, LME, TriOptima, Blank Rome, Ice Clear Europe, Goldman and the DTCC
New reporting regime marks start of increased scrutiny for big players
UniCredit promotions; Hazlewood leaves Deutsche; Goldman's CIO; senior forex hire at SG
Six-month transition could make inter-Asian trades cheaper, but only if liquidity is sufficient
Doubts about pan-Asian response to any increase in Western financial protectionism
Ex-Morgan Stanley bankers’ offering aims to reduce daily collateral flows that currently top $200bn
Head of financial markets leaves StanChart; SocGen management shuffle; Lake leaves HSBC
HFT default could destabilise interdealer markets, participants fear
AI and blockchain may not be way forward, sceptics warn
Trade and model mismatches will be key tests for vital margin call service
Buy-side clearing a top priority following suspension of interbank GCF repo
Suspension of DTCC service leaves market "in uncharted territory"
DTCC CRO Andrew Gray offers a template for managing the risk of interconnectedness
Gaps in central clearing are stifling the emergence of all-to-all trading venues for US Treasuries
US Treasuries CCP concerned about contagion risk threat to existing members
Regulatory capital savings offered by instant settlement of smart contracts on distributed ledgers
New technology set to boost repo netting, shrinking $50bn facility "substantially"
Firms reporting more than 50,000 open swap positions could save $1 million a year at CME
Regulator’s swap data woes are “absolutely solvable”, SDR chiefs say
Repo CCP's committed liquidity facility could force price hike
A reduction in the number of settlement banks has increased interconnectedness risk