Leading the Way

Global Securities Finance News and Commentary

Securities finance news and commentary

Technology

Transcend launches collateral solution for traditional and digital assets

23 June 2026 US
Reporter: Carmella Haswell

Transcend Digital supports emerging use cases tied to real-time collateral mobility, digital asset integration, and cross-network interoperability

Repo

HIFI completes onchain repo trade on Canton Network

23 June 2026 US
Reporter: Carmella Haswell

Stablecoin infrastructure firm HIFI provided the cash leg of the transaction against US Treasuries supplied by trading platform DRW, while Marex acted as prime broker

Industry

Securities Finance Association onboards JSCC

23 June 2026 Japan
Reporter: Carmella Haswell

The Japan Securities Clearing Corporation operates as Japan’s primary clearing house and will contribute to the association as a Solutions member

Technology

Aave aims to rebuild securities finance on V4

22 June 2026 US
Reporter: Carmella Haswell

Regulation

ICMA and ISLA submit joint response to US Basel III proposal

22 June 2026 US
Reporter: Carmella Haswell

People moves

Hazeltree selects Rohatgi

22 June 2026 US
Reporter: Carmella Haswell

Rowan Shri Rohatgi joins the company following a six-year term with Goldman Sachs, where he spent his career in Prime Services across Singapore and London

People moves

Fox departs Sharegain

19 June 2026 UK
Reporter: Zarah Choudhary

Tim Fox has left Sharegain after nearly seven years and has now founded his own strategic advisory business Campbell Advisory

Repo

People’s Bank of China to launch repo facility

19 June 2026 China
Reporter: Carmella Haswell

The move aims to support the high-level opening-up of China's financial markets and facilitate the RMB liquidity management of overseas central banking institutions

Regulation

ISLA: From Endgame to preparing for the long game

19 June 2026 Portugal
Reporter: Carmella Haswell

Panellists at this year's ISLA Annual Securities Finance & Collateral Management Conference provided an in-depth discussion on Basel III

Leading the Way

Global Securities Finance News and Commentary

Features

The evolution of securities lending: Toward a more direct and transparent market

Marty Tell, president and co-founder of Novellus, considers how regulatory capital pressures, evolving collateral structures, and emerging principal-to-principal models are driving a shift toward more direct, transparent, and capital-efficient securities lending markets

Converging markets in securities finance

Andy Wiblin, chief operating officer at GLMX, discusses the evolution of securities finance, from the blurring of boundaries among financing desks, to the integration of liquidity management frameworks between large banks and buy side firms

The engine powering modern markets

Thomas Ingram of S&P Global Market Intelligence discusses the symbiotic relationship between technology and data, and how this is transforming the securities finance market

The next phase for securities financing

Dan Long, global head of securities lending product at GLMX, delves into the balance between standardisation and nuanced engagement to drive liquidity across market segments

The architecture of indifference: Why prime brokerage has forgotten its clients — and what comes next

Raj Karan Singh, managing director, co-head Securities Finance & Delta One, and Alasdair Sutherland, managing director, co-head Securities Finance & Delta One of Mirae Asset Securities (UK), consider how prime brokerage has changed in the post-2008 era

Repo reinvented

Sunil Daswani, global head of client management, Match Products at MarketAxess, looks at how speed, clarity, and confidence are reshaping the future of repo markets

Reading between the lines

A new paper, co-authored by Dr Radek Stech and Roy Zimmerhansl, explores how securities lending can reveal governance and risk signals across financial markets, and argues for a more interconnected and action-oriented approach to transparency and accountability

The new liquidity landscape: Why integrated solutions are optimal for pension funds

CACEIS’s Olivier Zemb, head of Equity Finance and Collateral Management, Joanna Ksenzova, senior Market Services sales, and Rémy Ferraretto, head of Securities Finance & Repo Sales, explore why a proactive, integrated approach to financing and liquidity, delivered through the custodian, is critical for resilience and performance

Leading the Way

Global Securities Finance News and Commentary

Podcasts

Acadia Ahead of the Curve

Word on the (Clear) Street

eSecLending Insights

Making Sense

Interviews

Comyno

Comyno’s platform C-ONE: Advancing connectivity, automation, and market efficiency in securities finance

Frank Becker, chief operating officer and head of sales at Comyno, discusses the firm’s C-ONE platform, bringing standardised connectivity to EquiLend NGT, scalability, and supporting institutions inbuilding more efficient and resilient operating models across securities finance

Pirum

Becoming AI-first: What it actually means in securities finance

Ben Challice, CEO of Pirum, looks at how firms can move beyond superficial adoption to embed artificial intelligence across workflows, data infrastructure, and culture to deliver measurable outcomes in securities finance

Murex

The clock is ticking: How intraday repo is rewriting the rules of liquidity management

Rising rates, compressing settlement cycles, and the emergence of DLT-based platforms have thrust intraday repo into the institutional spotlight. Murex’s Ramzi Khemakhem, head of repo and secured funding product management, and Dorothy Queant, securities finance connectivity manager, explain why the economics have shifted

Appia Financial Services

A collection of expertise

John Stracquadanio, CEO of Appia Financial Services, sits down with Hansa Tote to discuss the aims of the business, target clientele, and initial product offerings in a world that is becoming increasingly technologically minded

BrokerTec

Connecting markets and remaining at the centre of trading execution

CME Group’s Matthew Gierke, global head of BrokerTec, and Sara Carter, global head of Repo for BrokerTec, speak to Carmella Haswell on the firm’s move to support central clearing, the transformational era of repo, and plans to connect its offerings

Lago Kapital

Nordic growth and challenger positioning

Lago Kapital CEO Jarkko Järvitalo sits down with Hansa Tote to discuss the firm’s expansion across Scandinavia, built on a foundation of securities lending, with integrated offerings spanning market making, incentive programmes, and complex valuation services

BNY

Investing in resilience: Navigating the US Treasury clearing mandate

Nate Wuerffel, head of product for Global Collateral and head of Market Structure at BNY, provides a comprehensive perspective on the US Treasury market and the upcoming clearing mandate that is set to impact not only the US, but Asia and Europe also. Carmella Haswell reports

National Bank of Canada

Trading with agility: Driving the business forward in a rapidly evolving market

James Bryce, Mathilda Yared, and Steven Scholl of National Bank of Canada speak to Carmella Haswell on driving the business forward via technological investment, building the foundations to prepare for upcoming regulatory changes, and questioning infrastructure through a digital assets lens

Leading the Way

Global Securities Finance News and Commentary

Magazine

News and people moves roundup

At the centre of trading execution

BrokerTec’s Matthew Gierke and Sara Carter on the firm’s move to support central clearing and plans to connect its offerings.

A collection of expertise

John Stracquadanio, CEO of Appia Financial Services, sits down with Hansa Tote to discuss the aims of the business, target clientele, and initial product offerings in a world that is becoming increasingly technologically minded.

The clock is ticking

Rising rates, compressing settlement cycles, and the emergence of DLT-based platforms have thrust intraday repo into the institutional spotlight. Murex’s Ramzi Khemakhem, head of repo and secured funding product management, and Dorothy Queant, securities finance connectivity manager, explain why the economics have shifted.

Magazine archive