CarVal is a global private alternatives investment manager with $14.3bn in AUM.
51% of firms are no longer trading USD LIBOR-indexed products.
Settlement times average more than 20 days in $5 trillion syndicated loan market.
Capitolis will donate 50% of revenues generated from this optimization to Ukrainian relief efforts.
It has become the first EU bank to facilitate QFI access to stocks listed in Beijing.
Some trades in private securities can take more than 30 days to settle.
The crypto futures market is three times bigger than spot.
The venue will be known as Aquis Matching Pool (AMP) once the transfer is complete.
Index products will be an increasingly important driver of the fixed income market.