OCC Fills Out Board

The Options Clearing Corp. (OCC) has elected Craig Abruzzo and Valar Mihan to its board of directors, and named Paul Brody vice chairman, according to officials. Brody succeeds Gary Yetman in his role. Abruzzo is head of the listed derivatives business in the Americas at Morgan Stanley. Mihan is managing director and head of Americas equity-linked trading at Bank of America Merrill Lynch (BAML). Brody is CFO of Timber Hill, a unit of Interactive Brokers Group, and first joined the OCC board in

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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