The platform experienced increased activity due to year-end funding dynamics, the Federal Open Market Committee decision to lower rates, and increased US Treasury issuance
By joining, the bank has gained access to the full suite of TARGET services developed and operated by the Eurosystem which ensures the free flow of cash and collateral across Europe
This partnership connects the platforms to provide a solution for financial institutions, asset issuers, and application providers that look to strategically scale their tokenised products
The service maintains the haircut typically posted by dealers to money market funds and other cash investors in triparty while implementing a CCP lien that is applied in lieu of both a sponsor guaranty and margin posting to the CCP
Nikola Todorovic joins the firm having most recently worked at Citi, as director, head of sales and client coverage, prime futures, and securities services
Industry
Repo
Repo
People moves
Industry
Industry
Industry
People moves