Otkritie Capital, the Russian financial services group, will use JP Morgan Worldwide Securities Services’ GlobeClear business to provide clearing and settlement services when executing trades on Chi-X Europe, a pan-European equities exchange.
“We are seeing increasing interest in the Russian depositary receipts market as clients look to broaden their trading strategies and associated connectivity. Otkritie’s membership of Chi-X Europe will help them meet this demand for trading depositary receipts listed overseas,” said Mike Reece, market manager for banks and broker dealers for JP Morgan Worldwide Securities Services Europe, Middle East and Africa (EMEA). “GlobeClear provides clients with access to multiple markets and ever greater freedom and flexibility in their trading needs. We look forward to working with Otkritie and helping their clients to access new pools of liquidity.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more