The updated rules under Canadian Securities Administrators are the seventh set of reporting requirements to be included on the Digital Regulatory Reporting solution
Craig Kinart, former TMX Group senior manager, brings over 20 years of experience in financial services to his newly created role at RBC Investor Services
The perpetual futures trading venue uses technology to improve trade execution using the company鈥檚 in-house, matching engine to further low-latency digital assets trading
The solution marks 鈥渢he first time鈥 in the US that fund managers have enabled subscription for shares of their MMFs via BNY鈥檚 LiquidityDirectSM and Digital Asset platforms
The redesigned service uses the existing CLSSettlement platform, enabling CCPs to connect and submit bilateral settlement instructions on behalf of their clearing members
The definitive agreement is expected to close in the coming months, subject to regulatory approvals, applicable employee requirements and customary conditions