“We’re happy to support HQLAx as they continue to grow the collateral management blockchain ecosystem," comments Ben Challice, head of trading services at J.P. Morgan
Eligible clients now have access to the Middle Eastern country’s Islamic and corporate bond market and listed ETFs thanks to an indirect linkage established via HSBC Saudi Arabia acting as local custodian for Clearstream
Nadine Chakar, executive vice president at State Street, will take on the reins of leading the new division. She will report to Lou Maiuri, chief operating officer of State Street