The new platform will initially support fixed income repo and global funding services following the firm’s recent approval as an FICC clearing member
While there was a 14 per cent year-on-year rise in GC Pooling average daily term-adjusted volume, special repo average daily term-adjusted volume fell by 26 per cent
As part of the integrated model, MUTB will provide securities lending capabilities and trading strategies, while BBH ensures delivery of custody and securities lending services