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Custody & Clearing

Sydney Stock Exchange partners with Bit Trade Labs to develop blockchain settlement system By BBR Staff Writer
Sydney Stock Exchange (SSX) and Bit Trade Labs have announced the establishment of a joint venture to develop a blockchain based equities market settlement and registration system, initially for SSX’s equities and private markets platforms, but also available for other market and market operators.
Intermediaries > Custody & Clearing > News
Citibank to quit custody business in Argentina By BBR Staff Writer
Citibank has decided to quit its custody business in Argentina soon, following refusal from a US judge to lift an injunction blocking it from processing interest payments on Argentina bonds worth about $2.3bn.
Intermediaries > Custody & Clearing > News FINRA penalises two Merrill Lynch divisions over Regulation SHO violations By BBR Staff Writer
Two Merrill Lynch divisions were censured and fined a total of $6m by the Financial Industry Regulatory Authority (FINRA) for violation of Regulation SHO and supervisory failures.
Intermediaries > Custody & Clearing > News
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