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Glossary

Borrower

An entity that borrows securities with the obligation to return equivalent securities at the end of the loan period.

Borrower News

Industry
State Street becomes OCC’s first bank clearing member

OCC will provide central counterparty clearing and settlement through its Stock Loan Program for State Street’s Prime Services platform

Repo
European repo market hits record outstanding value of €12,435bn for June

The ICMA European Repo Market Survey analyses the value of outstanding repo plus reverse repo on the books of 59 participants on 11 June 2025

Industry
Securities lending market set to continue to grow

An analysis by HTF Market Intelligence projects steady growth over the next six years

Industry
EquiLend acquires Trading Apps

TA.Link, Trading Apps’ trade messaging service, is also part of the acquisition and will serve as the resiliency solution for EquiLend’s NGT platform

Industry
Cboe Clear Europe clears first securities financing transactions

Natixis Corporate & Investment Banking acted as a principal lender against J.P. Morgan as a borrower in the first trades cleared through the new service

Repo
OCBC enables institutional intraday lending through blockchain

The Singapore-based bank completed the achievement through reverse repos on J.P. Morgan’s Digital Financing application

Industry
PASLA welcomes Trading Apps

Established more than a decade ago, Trading Apps is a software business that seeks to solve long-standing securities finance industry challenges

Industry
Provable Markets completes novation of bilateral stock loan in NSCC

In the first use case, an outstanding bilateral transaction was routed to the firm’s alternative trading system for confirmation, then forwarded to NSCC’s SFT Clearing service for processing