NEW YORK, April 15, 2021 /PRNewswire/ -- Institutional clients are now able to seamlessly invest cash in cleared repo through LiquidityDirectsm, BNY Mellon's market-leading short-end investment portal ...
NEW YORK, Nov. 15, 2023 /PRNewswire/ -- Further expanding the network across the global repo market, Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that HSBC is ...
As regulatory pressures reshape European repo markets and balance sheet constraints weigh on dealers, buy-side firms are increasingly looking at clearing as a complementary part of their repo toolkit ...
The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced the start of a new era of buyside participation in the ...
In the wake of last September’s repo outbreak, the Federal Reserve under Chairman Jay Powell decided his institution needed to do two things simultaneously. The central bank had been caught off-guard ...
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT), today announced that it has sponsored a record $140 billion in repo investment volumes as a result of its partnership with the Fixed ...
DLT powered solution built on Broadridge's distributed ledger repo platform drives cost savings and reduces operational risk for clients NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Global Fintech leader ...
J.P. Morgan upgraded State Street (NYSE:STT) to Neutral from Underweight due to expected benefit to net interest income from a turnaround in deposit growth and continued growth in sponsored repos.
The U.S. Treasury market is about to undergo a trading transformation. The SEC adopted rule changes in December 2023 which will require most cash Treasury and repo trades to be centrally cleared.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US. State Street has sponsored a record $140 billion in cleared ...