Glossary | Securities Finance Times

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Glossary

Lender

An entity that lends securities to a borrower, usually in exchange for collateral and a fee.

Lender News

Repo
BNY expands breadth of intraday repo offering

This milestone demonstrates the expansion of BNY’s intraday repo capabilities beyond the US dollar, enabling new opportunities for liquidity optimisation

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
ZagTrader launches SBL module

The release of the securities borrowing and lending module intends to support international short selling and securities finance operations

Industry
Global securities lending revenue rises 24% YoY for February

Figures from EquiLend Data & Analytics show loan balances hit US$4.22 trillion for the month, while the lender-to-broker market generated a record US$871 billion in revenue

Industry
ISLA publishes updated UK Tax Addendum

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

Industry
Euroclear’s CREST to support same-day settlement for SLRs

The move, which comes into effect on 15 June 2026, reflects current market developments and supports the UK’s transition to a T+1 settlement cycle in 2027

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