Page 4 - Clearing Corp News Today

The continuation of a 14-month tussle with the RBI regarding the oversight of Clearing Corp of India (CCIL) will likely put French and German banks at a severe disadvantage relative to other foreign banks operating in India, especially after the UK formally recognised the local bond clearing house.

(Bloomberg) -- The Federal Reserve’s continued push to remove liquidity from the financial system is bringing back volatility to year-end trading in the overnight funding markets for the first time in five years.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerTesla Plans Revamp of Smash Hit Model Y From China PlantApple’s iPhone Design Chief Enlisted by Jony Ive, ...

Volatility in the market for overnight repurchase agreements is generally tame, but it has started to move, with repos trading as high as 5.53% before closing at 5.32% on Tuesday.

Volatility in the market for overnight repurchase agreements is generally tame, but it has started to move, with repos trading as high as 5.53% before closing at 5.32% on Tuesday.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

As firms prepare for T+1 in May 2024, DTCC’s Val Wotton says they should also consider the complexities for cross-border trades. 

We take a look back at Bitcoin’s performance throughout 2023, including increased mainstream adoption and price surges.

Real-Time News, Market Data and Stock Quotes For Junior Mining Stocks.

The Bitcoin price is closing in on $40,000 - pushed along by a wave of positive macro momentum and signs that a spot Bitcoin ETF is close to being approved.

Banking regulators in India and the UK signed a Memorandum of Understanding (MoU) Friday on the oversight of local transaction settlement apparatus Clearing Corp of India (CCIL), paving the decks for billions of dollars of trade in Indian sovereign bonds routed through London lenders that needed a mutually beneficial deal to commit personal funds and effectively discharge their custodian role.