Euroclear Bank and LCH.Clearnet have jointly announced that LCH.Clearnet members can now pledge securities through Euroclear Bank’s tri-party collateral management service to cover their margin obligations with LCH.Clearnet. LCH.Clearnet will continue to manage margin requirements for its members, with Euroclear Bank serving as a neutral agent to optimise the use of collateral for mutual clients. The Euroclear Bank service provides exposure matching, collateral allocation and mark-to-market valuations, margin calls and securities substitutions. The service covers transactions for which LCH.Clearnet acts as central counterparty in equity and commodity derivatives, fixed income and swaps.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.