US EditionGoldman Sachs, HSBC, Barclays, BNP Paribas, and Unnamed Bank Collaborate on Global Position Reporting Initiative
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Goldman Sachs, HSBC, Barclays, BNP Paribas, and Unnamed Bank Collaborate on Global Position Reporting Initiative
A group of leading banks, including Goldman Sachs, HSBC, Barclays, BNP Paribas, and an unnamed bank, have joined forces to adopt a unified global approach to disclosing clients’ stock positions. The consortium, known as ‘Endoxa’, aims to enhance transparency and reduce costs in the reporting of clients’ long and short positions. To support the initiative, the consortium has partnered with financial technology firm Droit, which will develop a Pos…
·Elkader, United States
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