Societe Generale completes first repo on public blockchain
The transaction was made with Banque de France; the first repo transaction in digital securities with an Eurosystem’s central bank.
The transaction was made with Banque de France; the first repo transaction in digital securities with an Eurosystem’s central bank.
The past week saw appointments across execution trading, fixed income, regulation, quantitative services and markets.
“These appointments illustrate our ambition to pursue the development of our fixed income activities and reaffirm our leadership in equities”, said Anne-Christine Champion and Alexandre Fleury speaking in an official statement.
Use of the service will enable participants to benefit from multilateral netting against all FX transactions.
Incoming individuals will report to recently appointed global co-head of equity capital markets, Jeff Mortara, who joined the bank in May from UBS.
The past week saw appointments across rates trading, equity capital markets, electronic execution services, equities sales and more.
New appointment previously held the same role at UBS, leading a team of equity professionals across the US, Europe and Asia.
Quant trading and algos key focuses for the much-anticipated joint venture between Societe Generale and AllianceBernstein going forward, The TRADE understands.
Initially launched to support securities markets in EMEA, DTCC aims to expand access of the new functionally to other markets in the future.
Named Bernstein, the joint venture will offer investment insights into North America, European and Asia Pacific equity markets, alongside liquidity access and global trading technology.