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
The authorities will continue to adopt a coordinated approach as they progress towards publication of a final policy statement in the second half of 2025