The IMD Wrap: Several recent initiatives could ease arduous data audit and reporting processes. But they need buy-in from all parties if all parties are to benefit.
The exchange will continue providing core post-trade processing through CCASS but will engage with market participants on the service’s future as HKEX rolls out new OCP features.
The CTA and UTP operating committees voted yesterday on proposals from US exchanges to expand their trading hours and could not reach unanimous consensus.
Firms have a growing appetite for private markets, as shown by President Trump’s proposed creation of a US SWF. GoldenSource’s James Corrigan writes that to ensure success, core technology must be built on strong data foundations.