According to the institutional hedge fund market intelligence platform, this signified investor scrutiny as to whether the massive spending on AI is starting to pay off
LTP will join the consortium of DPT partners including EquiLend, Galaxy Digital, and Marex which are working to advance the next phase of institutional digital asset lending infrastructure
The acquisition marks the official launch of Transparence IO, a provider of outsourced securities lending technology, by securities finance veteran Tony Venditti
It is the latest European bank to join the Listed Rates service, which provides clearing of US Treasury and SOFR futures traded on LCHs partner FMX Futures Exchange
The milestone featured Clearstream Banking as issuer, Deutsche Banks London Branch as issuing and paying agent, UBS Investment Bank as dealer, and Citigroup Global Markets Limited as arranger
Through its membership, ISLA will contribute to discussions on the practical applications of distributed ledger technology and digital infrastructure within securities lending
The service will cover specific EU, Swiss, and UK government and corporate bonds for all lenders and borrowers, and will extend to US Treasuries and US corporate bonds for nonUS participants