Operations

ABN Amro confirms $200 million hit from client’s failed margin call

Dutch bank ABN Amro has confirmed that it will incur a significant $200 million loss after a single client failed to meet margin calls...

New York Stock Exchange to Move Temporarily to Fully Electronic Trading

Equities and Options Trading Floors Will Temporarily CloseFully Electronic Trading Begins With Market Open on Monday, March 23Trading and Regulatory Oversight of All NYSE-listed...

Industry Influencer: A Quest to Transform Post-Trade Processing from a Chief Information Officer

Lynn Bishop was appointed Chief Information Officer at the Depository Trust & Clearing Corp (DTCC) in 2019. In a Q&A, she offers insight into the role and...

Systemic Risk Council’s Advice for Central Banks, Banks, and Governments

The Systemic Risk Council, sponsored by CFA Institute, says the Covid-19 crisis does not need to lead to an economic meltdown. It calls on...

Industry need for automation drives latest SS&C acquisition

SS&C Technologies has agreed to acquire Captricity, the maker of Vidado data transformation platform, that enables extraction of handwritten and machine-printed data from paper documents. While the securities services industry...

Financial Markets Operations Response to COVID-19: Best Practices for Working from Home

The COVID-19 pandemic is disrupting all walks of life, and carries with it implications for society beyond even the obvious and immediate health impact....

This is who depends on whom in clearing

Could visualisations, looking like colour-spotted spiderweb, add insight into the systemic risks that exist in the counterparty clearing relations at the world’s CCPs? A...

ASX forced to delay rollout of post-trade blockchain system

The Australian Securities Exchange (ASX) has confirmed it will delay and reschedule the rollout of its new blockchain-powered post-trade system due to the ongoing...

CFTC Issues Final Interpretive Guidance on Actual Delivery for Digital Assets

The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions involving certain digital assets....

ABA Releases New Coronavirus Resources for Banks

With banks, their customers and their employees facing unprecedented challenges associated with the 2019 novel coronavirus pandemic, ABA today published a suite of new...
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