Glossary | Securities Finance Times

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Global Securities Finance News and Commentary

Glossary

Corporate Action

Any event initiated by a public company that affects the securities issued by the company, such as dividends, stock splits, or mergers.

Corporate Action News

Industry
Vermeg’s Megara to support Swift SR2025

The achievement covers three key domains: securities settlement, corporate actions, and collateral management

Industry
Euronext advances European CSD

Euronext collaborates with financial institutions to build a European CSD model, offering reduced costs and enhanced liquidity across European markets

Industry
ISSA welcomes Sumitomo Mitsui Trust Bank USA

The bank provides securities lending services in the US and non-US fixed income markets, as well as equity lending in more than 20 markets worldwide

Industry
ASX reveals CHESS Release 2 implementation plans

The Australian Securities Exchange plans to implement the new settlement and sub-register services in 2029, with project costs up to AU$320 million

Industry
Pirum collaborates with Kingfield to automate income claims

The connectivity created by the two firms aims to increase straight-through processing, enabling counterparties to remit claims on pay date and reduce capital requirements

Industry
Pirum enhances CoacsConnect to automate corporate actions process

The next phase of CoacsConnect will fully automate the voluntary corporate action process for the securities finance industry

Industry
IMN: Securities finance revenues outperform for 2022

S&P Global Market Intelligence’s director of securities finance Matthew Chesssum predicts “a very good year” for 2022, as securities finance revenues see best performance since 2008

Technology
CACEIS picks Taurus’ solution to enhance digital asset offering

CACEIS has selected Taurus’ solution to enhance its digital asset offering with services that meet clients’ growing demand