Barclays names new co-head of credit trading for APAC
Incoming individual has worked in the credit industry for 25 years; most recently served at Deutsche Bank.
Regions
Central Bank of Kenya integrates Bloomberg matching platform for FX trading
The solution is aimed at interbank trading in local foreign exchange market, specifically spot matching for US dollar against the Kenyan shilling.
State Street to become first foreign participant to trade Korean onshore interbank FX market
State Street has had a local presence in Korea for more than two decades with plans to further enhance its onshore and offshore trading offerings.
Millennium Advisors hires from within for new head of EMEA sales
Individual was previously director of sales and business development; has previously worked at MarketAxess, BNP Paribas Fortis, Groupe Crédit du Nord, and Crédit Agricole CIB.
BMLL completes China equity data offering with the addition of Shanghai data
New addition builds on existing China data from Shezhen and Hong Kong equity exchanges, with all three now available in a consistent format via the BMLL Data Lab.
Nasdaq and nuam exchange partner to develop new marketplace in Latin America
Institutional grade infrastructure from Nasdaq will be utilised to create a single market for Chile, Perú and Colombia.
Investment firms must improve market stress assessments when it comes to liquidity adequacy, says FCA
Currently “most” firms have not gotten into the habit of regular reviews and subsequent adjustments to their liquid asset levels in line with external market changes, said the regulator.
EU committee gives green light for Euro derivatives clearing active accounts
Proposal to draw Euro clearing back to the Bloc via active clearing accounts with European CCPs has proved divisive with participants who claim the move could be anti-competitive.
India to roll out optional T+0 from March 2024 as part of roadmap to instantaneous settlement
Regulator Sebi outlines plan to move to instantaneous settlement by March 2025 on an optional basis using a parallel system to the current T+1 structure.
Half of traders convinced FCA post-Brexit DVC decision will have little bearing on dark trading
Liquidity is continuing to shift away from continuous lit trading as traders increasing seek flexibility, SIX Swiss Exchange finds in new research.