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Trading Apps welcomes back Colon
10 August 2023 US
Reporter: Carmella Haswell

Securities finance veteran Bobby Colon rejoins the technology firm as head of sales for North America

GLMX client development head Pizzarelli departs to ASL Capital Markets
09 August 2023 US
Reporter: Carmella Haswell

Joseph Pizzarelli, former head of client development at GLMX, has joined ASL Capital Markets as managing director in securities finance

SEC fines 10 broker-dealers for record keeping failures
08 August 2023 US
Reporter: Bob Currie

The Securities and Exchange Commission has charged 10 broker-dealer firms with recordkeeping failures and violations relating to their use of electronic communications

Finteum moves towards year-end live date for intraday repo and FX swaps
08 August 2023 UK
Reporter: Bob Currie

Trading during a recent 3-day trial was conducted using a simulated settlement environment, but Finteum plans to support live real money trades by the end of 2023. Natwest and UBS are named as two of 19 banking groups involved in the trial

Cboe Clear Europe hires new SFT product managers Redhead and Johns
04 August 2023 UK
Reporter: Carmella Haswell

Brendon Johns and Jim Redhead join Cboe Clear Europe as the firm prepares to launch its upcoming SFT clearing service in 2024

Julius Baer hires Yuece
03 August 2023 Switzerland
Reporter: Carmella Haswell

Erhan Yuece joins the Switzerland-based bank as a senior trader after more than 20 years at Credit Suisse

New-Jersey ETF Managers fined for breaches relating to award of securities lending mandate
02 August 2023 US
Reporter: Bob Currie

The Securities and Exchange Commission has fined a New Jersey-based exchange-traded fund manager for breaches relating to the award of a securities lending mandate and for taking actions detrimental to the best interests of the fund and its investors

Global securities lending revenue up 1% YoY for July, reports DataLend
02 August 2023 US
Reporter: Jamie Richards

The global securities finance industry delivered US$943 million in lending revenue in July 2023, a 1 per cent increase YoY, according to DataLend

SWIAT appoints Reinschmidt as co-CEO
02 August 2023 Germany
Reporter: Jamie Richards

Timo Reinschmidt joins German fintech SWIAT from Standard Chartered Bank, where he worked in management for eight years

South Street Securities to acquire GX2 Systems
02 August 2023 US
Reporter: Jamie Richards

South Street Securities is set to acquire all of GX2’s equity assets as well as its wholly-owned broker-dealer arm GX2 Spread Markets

BNY Mellon appoints Udeshi to lead securities finance business
02 August 2023 US
Reporter: Carmella Haswell

Nehal Udeshi joins BNY Mellon as head of securities finance after a 17-year career with Goldman Sachs where she was formerly co-head

AMC Repo Clearing launches triparty solution for corporate bond financing
31 July 2023 India
Reporter: Bob Currie

The Mumbai-based clearing house has launched a triparty repo facility supporting financing against corporate bonds delivered as collateral