Leading the Way
Global Securities Finance News and Commentary
Securities finance news and commentary
Industry
EDX Markets integrates YLDS
25 August 2026 US
Reporter: Matthew Challis
The SEC-registered yield-bearing digital security can be used as a collateral asset, designed to give institutions a greater degree of flexibility to manage capital
Industry
BNP Paribas invests in OSTTRA
25 August 2026 US, UK
Reporter: Zarah Choudhary
BNP Paribas will collaborate closely with OSTTRA as it continues to advance its global post-trade ecosystem, streamlining workflows, reducing operational risk, and enhancing market efficiency across asset classes
People moves
GLMX hires Clarke
24 August 2026 UK
Reporter: Carmella Haswell
Helena Clarke, formerly of Tradeweb, has joined the firm as client integration manager
Derivatives
STS Digital launches cross-asset portfolio margining
20 August 2026 Bermuda
Reporter: Matthew Challis
The offering will be available across the firm’s OTC business in spot, options, and structured products, and will allow institutions to post tokens already held as margin against positions in other assets
Leading the Way
Global Securities Finance News and Commentary
Boredom is performance
In the eighth instalment of the series, Cyril Louchtchay de Fleurian, head of securities finance and balance sheet strategy at Capteo: Strategy & Management Consulting, looks at enterprise liquidity management
Collateral in motion: Why mobility is becoming the next competitive advantage
As shorter settlement cycles, regulatory reform, and evolving market infrastructures reshape securities finance, Theodore Law explores why collateral mobility has become a strategic priority, how fragmentation is limiting efficiency, and why optimisation increasingly depends on better decision-making rather than simply moving assets
A name on the door
In the seventh instalment of this ongoing series, Cyril Louchtchay de Fleurian, head of securities finance and balance sheet strategy at Capteo: Strategy & Management Consulting, talks risk
Going for gold: A celebratory night in London
Bringing together the finest in the financial sector, market participants gather for a night of celebration as we highlight innovation, leadership, and achievements driving the securities finance industry
What risk management cannot promise
In the sixth instalment of this ongoing series, Cyril Louchtchay de Fleurian, head of securities finance and balance sheet strategy at Capteo: Strategy & Management Consulting, talks risks, repo, and cost
Paving the way for institutional entry
As digital assets become mainstream components of institutional portfolios, investors will expect the transformative benefits of these new assets to come with the same levels of trust they have in traditional assets. HSBC’s Fiona Horsewill, global head of Securities Services and Sean Mullins, global head of Digital Assets Product, explore
The weapon that never fires
In the fifth instalment of this ongoing series, Cyril Louchtchay de Fleurian, head of securities finance and balance sheet strategy at Capteo: Strategy & Management Consulting, looks at repo, collateral, and the chokepoints nobody put on the risk committee agenda
Preparing the Canadian market
Reviewing the Canadian Securities Lending Association 2026 conference in Toronto, Hansa Tote uncovers market themes, trends, and projections discussed by industry participants
Leading the Way
Global Securities Finance News and Commentary
eSecLending
The client focus
Brooke Gillman, managing director, global head of Client Relationship Management at eSecLending, sits down with Justin Lawson for a candid conversation on the increasing popularity of independent agents, where opportunity lies, and the future outlook
Broadridge
The shape of success
Tina Joshi, North America head of Securities Finance Collateral Management product at Broadridge, sits down with Justin Lawson to reflect on how the firm is transforming its platform, covering strategic priorities and client-driven product evolution
LSEG
Switching to an always-on market
LSEG’s Simon McQuoid Mason, head of new trading products and market structure, sits down with Carmella Haswell to discuss the exchange’s move to create a 24/5 trading venue and the driving force behind the industry interest in extended trading hours
M1X Global
Unlocking onchain collateral
Jordan Goldman, chief operating officer and president of M1X Global, speaks to Karl Loomes about why collateral remains the missing piece of tokenisation, the role of natively-issued digital sovereign bonds, and how continuous collateral movement could reshape the global repo market
Capco
Every second counts
Marc Biro, managing principal at Capco, discusses the SEC’s approval of 23-hour, five-day equities trading on both Cboe and Nasdaq, and the operational and technology overhaul ahead. Carmella Haswell reports
Nuvo Prime
Up in the cloud: Reshaping prime brokerage
Nuvo Prime co-founders Andrew Bain and Claire Young speak with Carmella Haswell about the firm’s creation and how cloud-first platforms are redefining operating models
Goldman Sachs
When opportunity knocks
Thomas Duchemin, securities lending trader, agency lending at Goldman Sachs, speaks to Carmella Haswell about his time in European equities and the significance of human interaction
Tonic
Building scale in tokenised collateral
As tokenised collateral moves from proof-of-concept projects to production-scale deployments, questions around interoperability, regulation, and market infrastructure are becoming increasingly important. Tonic’s Chris Watts, CEO and co-founder, and Steven Czarnota, head of digital, discuss the industry’s progress with Zarah Choudhary
Leading the Way
Global Securities Finance News and Commentary
News and people moves roundupFireside Chat
Brooke Gillman of eSecLending discusses the increasing popularity of independent agents, where the opportunities lie, and the future outlook.T+1
Industry participants explore Brazil’s collaborative efforts to attain a new securities lending model ahead of its transition to a T+1 settlement cycle. Carmella Haswell reports.Collateral
As shorter settlement cycles, regulatory reform, and evolving market infrastructures reshape securities finance.