This year-on-year growth has been driven by a 172 per cent YoY increase in GC Pooling average daily term-adjusted volume to €149.0 billion and 41 per cent YoY growth in special repo average daily volume to €210.0 billion
The global securities finance industry generated US$1.05 billion in revenue for lenders in April 2023, a 27 per cent year-on-year increase from April 2022, DataLend reports
The global operator of electronic marketplaces for rates, credit, equities and money markets reports that average daily volume across all asset classes on Tradeweb for April was US$1.15 trillion, an increase of 4.7 per cent YoY
Jonathan Adams, former head of securities finance and collateral management at Delta Capita, joins consultancy firm Margin Reform as part of the company’s expansion
Nancy Allen, head of data and analytics solutions at EquiLend, has joined the Women in Securities Finance team after more than 20 years’ in the industry
Andy Orr becomes head of international equity trading within the securities lending business at BlackRock after almost 17 years at the global asset manager
With the end date for USD LIBOR transition now less than three months away, the Financial Stability Board is encouraging the market to finalise the transition of legacy contracts to prevent a “pile up” as cut-off approaches