Leading the Way
Global Securities Finance News and Commentary
Securities finance news and commentary
People moves
Four new members added to DTCC’s board of directors
02 April 2026 US, UK, Hong Kong
Reporter: Tahlia Kraefft
Roland Chai, Massimiliano Ciardi, Stephen Hood, and Georges Lauchard will serve on the board, which plays a key role in overseeing the strategic direction of DTCC, works closely with the firm's leadership, and advises on various topics
People moves
Deutsche Bank welcomes Echague
31 March 2026 UAE
Reporter: Hansa Tote
Rocio Echague brings over two decades of experience in securities services across multiple markets, most recently at HSBC Bank Middle East
Regulation
Turkey extends short selling ban
31 March 2026 Turkey
Reporter: Hansa Tote
The CMB says the original ban was imposed on 15 March 2026 to ensure the functioning of capital markets in a reliable, transparent, and stable environment
Industry
ISDA selects Gentek AI to develop a transparency tool
31 March 2026 UK, Hong Kong
Reporter: Zarah Choudhary
The traceability tool will allow users to look back at the history of DRR decision-making and pinpoint when and why coding choices were made, providing a full audit trail of Digital Regulatory Reporting development
Leading the Way
Global Securities Finance News and Commentary
US Treasury clearing evolution: The road to ‘done-away’
Richard Gallagher, head of sales and client management, Asia Pacific, Financing Solutions, State Street Markets, examines the upcoming US Treasury clearing mandate in the US and how this is shaping the priorities of APAC global investors
Japan’s unique Margin Transaction system
Kei Hashimoto, associate, securities lending (equities) of Japan Securities Finance Co. reviews a distinctive feature of Japan’s trading framework as global interest in Margin Transactions continues to rise
A new dawn: 2026 outlook for Asia Pacific
HSBC’s Adnan Hussain, global head of Agency Lending & Liquidity Services, reviews the landscape for APAC, from performance and cross-border connectivity to the re-emergence of the New Silk Road
Securities lending outlook for 2026
Andrew Geggus, global head of Agency Securities Lending, Triparty Services at BNP Paribas’ Securities Services, reviews key industry focuses for the new year from regulatory initiatives to emerging markets and AI
From access to outcomes: APAC securities finance rewired
Nehal Mehra, head of Securities Finance and Global Collateral, Asia Pacific, at BNY, outlines how institutional investors across the region are moving beyond market access to configure lending programmes that deliver income, liquidity, and funding resilience
Asia: A reference point for the rest of the world
Hansa Tote explores how digital assets are being used across Asia, discussing why the adoption rates are so high in the region, how utilisation compares to the US and Europe, and what the industry can expect to see next
Leading the Way
Global Securities Finance News and Commentary
OSTTRA
Fragmentation, clearing, and the future of repo markets
OSTTRA’s Neil Taylor, product design, and Peter Altero, chief business development officer, speak with Karl Loomes about fragmentation risk, margin efficiency, and the role of post-trade infrastructure as clearing expands in the US Treasury and repo markets
Transcend Street Solutions
Rewiring APAC’s funding architecture
Paul Wilson, director of sales at Transcend Street Solutions, discusses Asia’s evolving collateral landscape, the operational pressures facing buy side and banking firms, and why enterprise-wide optimisation is becoming a strategic differentiator
Global Peer Financing Association
By the members, for the members
Chris Benish and Charles Lesaux of the Global Peer Financing Association, join Hansa Tote to discuss priorities, upcoming events, membership, and success stories of the organisation
Japan Securities Finance Co
An exploration of Japan’s repo market
Yuki Niimura, vice president at Japan Securities Finance Co., reviews the market, from new forms of repo trades in Japan and risk management, to the distinct role the firm plays in this space
USS Investment Management Limited
Playing the long game
Ben Clissold of USS Investment Management Limited sits down with Carmella Haswell to review the importance of securities lending, tokenisation, and how the trustee supports the largest pension scheme for universities and higher education in the UK
Leading the Way
Global Securities Finance News and Commentary
News and people moves roundupA resurgence in the market
One year on from the lifting of South Korea’s short selling ban, Carmella Haswell explores continued spikes in activity, new trends, and where the market is heading.From crisis to confidence.
The Securities Financing Transactions Regulation was proposed following the 2008 financial crisis. Now, 10 years since it was first implemented, Hansa Tote explores its impact on the market, and what needs to be done to further improve this regulation.APAC’s evolving markets
Looking at the Pan Asia Securities Lending Association 2026 conference in Bangkok, Hansa Tote reveals market themes, trends, and projections discussed by industry participants.