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Cboe Clear Europe gets regulatory green light to launch securities financing transactions clearing

The TRADE

The service also supports key regulatory initiatives including EMIR, CSDR and the Securities Financing Transactions Regulation (SFTR), with the aim to help promote transparency, market integrity and the competitiveness of European capital markets. “We

Finance 69
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Asset management association pushes for Europe to switch to T+1 in 2026

The TRADE

One other point was that there should be a recommendation, but not a regulatory requirement, to transition the mutual fund subscription and redemption settlement cycle to T+2 from the common T+3/4 in the UK and other popular EEA fund jurisdictions to coincide with the UK, EU and Swiss transition to T+1 in capital markets.

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Over a third of asset managers are planning to renegotiate fees with vendors to lower costs

The TRADE

Asset managers are turning to third party vendor relationships as a means of reducing costs, a report from Northern Trust and Coalition Greenwich has found. Around 37% of the 151 asset managers surveyed by Northern Trust confirmed plans to renegotiate fees with vendors to reduce costs and increase efficiencies.

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Cyber Crime: What You Need to Know About Cyber Resiliency

Accenture Capital Markets

According to the cyber crime study, an asset management firm could spend more than $17 million per year on charges relating to managing and recovering from incidents. Only then, could firms mitigate the likelihood of an event effectively and efficiently. In total, cyber crime costs an organization an average of $11.7

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The TRADE’s most read stories of the year part one: Major acquisitions, senior appointments and exchange outages

The TRADE

The acquisition was completed earlier this month, with operations acquired set to be rebranded as Marex Prime Services and Market Outsourced Trading, with both becoming part of the Marex Capital Markets business (formed last year following the acquisition of ED&F Man Capital Markets). He will report to Blatch.

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New Home Co. Completes Acquisition of Landsea Homes Corporation

Global Newswire by Notified: M&A

Morgan Securities LLC, RBC Capital Markets, Vestra Advisors, and Wells Fargo served as financial advisors to New Home. About Apollo Apollo is a high-growth, global alternative asset manager. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to New Home.

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Keeping the APAC door open as Europe moves to T+1

The TRADE

When it comes to innovation and the potential impacts of large-scale change, market players are accustomed to looking westward primarily – that is, to North America – a trend visible not just across the capital markets, but the world over.

Trading 59