Glossary | Securities Finance Times

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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

Regulation
SFS: T+1 readiness gaps persist as firms confront tighter recall and return timelines

Panellists at the London Securities Finance Symposium outlined the core operational pressures facing firms ahead of the UK and EU move to T+1

Industry
Yuanta Funds selects State Street for securities lending programme

The programme marks the first time Yuanta has made overseas investments within one of its ETF products available for securities lending

Industry
Global securities lending revenues hit US$1.79bn for August

Year-to-date revenues now stand at US$12.4 billion, putting 2026 on course to become one of the strongest years ever recorded for securities lending

Industry
Securities lending market volume expected to reach US$21,499m by 2034

According to Allied Market Research the rise in demand for short selling from hedge funds drives fintech-driven collateral management innovation

Regulation
FRA approves short selling regulations for Egypt

The decision aims to enhance market efficiency and increase liquidity and depth, thereby supporting the stability of transactions and protecting the rights of investors

Industry
ISLA publishes updated UK Tax Addendum

The 2026 version updates the 2014 UK Tax Addendum for the Global Master Securities Lending Agreement

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