Friday Review December 15 - 19
Weekly News Compilation
This is a compilation and redistribution of the institutional finance news for the week - while Enduring Markets publishes this Friday Morning CET Timezone - we will continue to update with news through the end of the day Friday EST Timezone.
Central Bank News
Institutional News
Ukraine deal: EU leaders agree €90bn loan, but without use of frozen Russian assets
https://www.theguardian.com/world/2025/dec/19/ukraine-deal-latest-europe-leaders-loan-zelenskyy
SEC clears DTC to offer tokenised securities service
https://posttrade360.com/news/infrastructure/sec-clears-dtc-to-offer-tokenised-securities-service/
Verena Ross steps down as ESMA chair
https://posttrade360.com/news/infrastructure/verena-ross-steps-down-as-esma-chair/
LSEG and Citi unveil multi-year data and analytics partnership
https://www.thetradenews.com/lseg-and-citi-unveil-multi-year-data-and-analytics-partnership/
History in the making: A closer look at MarketAxess’ newly launched Opening and Closing Auctions
Nasdaq files SEC proposal for 23/5 US equities trading
https://www.thetradenews.com/nasdaq-files-sec-proposal-for-23-5-us-equities-trading/
ETS confirms CTP go-live as Ediphy’s legal battle drags on
https://www.fi-desk.com/ets-confirms-ctp-go-live-as-ediphys-legal-battle-drags-on/
Competition in US Treasury clearing could sustain vicious exchange battle
https://www.fi-desk.com/competition-in-us-treasury-clearing-could-sustain-vicious-exchange-battle/
US rates e-trading stabilises
https://www.fi-desk.com/us-rates-e-trading-stabilises/
DataBP affiliate to administer updated US CT
https://www.globaltrading.net/databp-affiliate-to-administer-updated-us-ct/
Euronext bids to settle European government bonds
https://posttrade360.com/news/infrastructure/euronext-bids-to-settle-european-government-bonds/
Euronext begins work with European financial institutions to drive plans for a unified CSD
NBIM warns on OPR reforms
https://www.globaltrading.net/nbim-warns-on-opr-reforms/
China HFT crackdown accelerates with potential co-location limits
https://www.globaltrading.net/china-hft-crackdown-accelerates-with-potential-co-location-limits/
ICMA CEO Bryan Pascoe Annual Review
https://www.icmagroup.org/icma-member-update-2025/message-from-the-ceo
Trading Talent News
Dincher joins Barclays IB
https://www.fi-desk.com/dincher-joins-barclays-ib/
Clifford drops Citi for BlackRock
https://www.fi-desk.com/clifford-drops-citi-for-blackrock/
Kepler Cheuvreux boosts credit sales team
https://www.fi-desk.com/kepler-cheuvreux-boosts-credit-sales-team/
Societe Generale promotes internally for head of global markets and head of FIC APAC
Citi head of trading joins BlackRock in senior trader role
https://www.thetradenews.com/citi-head-of-trading-joins-blackrock-in-senior-trader-role/
Tourmaline expands global team with two new trading hires
https://www.thetradenews.com/tourmaline-expands-global-team-with-two-new-trading-hires/
Opinion Pieces and Podcasts
Bond market axes struggle in electronified markets, ICMA finds
https://www.fi-desk.com/bond-market-axes-struggle-in-electronified-markets/
The cost of clearing: Evidence from an analysis of cleared and uncleared repo
https://www.statestreet.com/us/en/insights/cost-of-clearing-repo-analysis
Looking into the crystal ball
https://www.thetradenews.com/liquidnet/looking-into-the-crystal-ball/
Yulan bonds on the rise as Chinese companies go overseas
https://www.financeasia.com/article/yulan-bonds-on-the-rise-as-chinese-companies-go-overseas/505738