Clearstream reports that Banca d’Italia has followed Deutsche Bundesbank in choosing its Global Liquidity Hub to reinject securities purchased under the Public Sector Purchase Programme (PSPP) into the market.

Under its quantitiatve easing programme, the European Central Bank (ECB) plans for securities worth EUR 60 billion to be bought back monthly by the respective national central banks.

To avoid the creation of a collateral shortage through this significant withdrawal of high quality liquid assets (HQLA) from the market, the ECB encourages national central banks to return the securities into the market via securities lending.

Clearstream and Indian Clearing Corporation Limited (ICCL) have agreed to co-operate on collateral management and have signed an agreement on linking ICCL to Clearstream’s integrated collateral management engine, the Global Liquidity Hub.

The Australian Securities Exchange (ASX) has appointed Nasdaq to deliver its next generation post-trade risk management solution. 

In what likes a rather unusual move, business and financial adviser Grant Thornton UK LLP has agreed a new venture with independent consultancy Foley O'Neill. 

eSecLending says that Erik Skulte and Nora Bowman have joined the firm as vice president, US business development and vice president, client relationship management, respectively.

Key themes emanating from the second day of Euroclear's 2015 collateral management conference were repo, the integration of the buy-side with the repo market, liquidity, innovation, regulation, and electronic trading.