Securities lending volumes cleared through OCC have remained flat YoY at 177, 214 transactions for January, but average daily loan value has contracted over period
Repo average daily volume traded on Tradeweb increased 20.4 per cent YoY to US$416.9 billion for January 2023. The figure represents a 10.0 per cent MoM rise from the US$379.0 billion recorded in December 2022
Thomas Bonville, former managing director of equity derivatives sales at Wells Fargo, joins Clear Street as managing director and head of derivatives sales
Industry associations have responded to the European Commission’s proposed changes to the European Market Infrastructure Regulation (EMIR) that aim to make clearing of derivatives products in the European Union more attractive
Laksh Vaswani has been appointed senior vice president, global head of trust operations at Mitsubishi UFJ Trust and Banking Corporation to grow the firm's global securities lending solutions business
The Committee notes that concerns around settlement efficiency have prevailed for many years and CSDR penalties have not resulted in a significant improvement since enactment of the settlement discipline regime in February 2022
UBS veteran Stéphan Demoulin joins the dealing workflow platform as head of sales and relationship management for EMEA securities finance, where he will help to accelerate Wematch’s expansion in the region