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Global securities lending revenue up 15% YoY for May, reports DataLend
02 June 2023 US
Reporter: SFT

The global securities finance industry delivered US$1.06 billion in lending revenue in May 2023, a small rise on the US$1.05 billion in revenue generated for lenders during April 2023

Lack of market discussions on recall cutoffs a “main concern” for T+1 move, says Yared
01 June 2023 Canada
Reporter: Carmella Haswell

A lack of discussion between all market participants on securities lending recall cutoff times has become a main concern during the move to T+1, according to Mathilda Yared, managing director of global securities finance at National Bank of Canada

Gehrhardt departs from Bloomberg
01 June 2023 US
Reporter: Carmella Haswell

Clare Gehrhardt has departed from her role as head of business development for Bloomberg’s Regulatory Reporting Services after three years with the firm

ESMA releases its fifth CCP stress testing exercise
01 June 2023 EU, UK
Reporter: Bob Currie

In line with ESMA’s legal mandate under EMIR, this exercise will assess the resilience of CCPs to adverse market shocks and the danger that failure of a CCP or clearing member can propagate risk across the financial system

Securities lending revenues highest in 5 years for Q1 2023, says EquiLend
01 June 2023 Canada
Reporter: Carmella Haswell

Securities lending revenue for Q1 2023 was the highest generating quarter since 2018, according to Matthew Ross, associate director of EquiLend Data and Analytics Solutions

Davidson replaces Jeffcoate at ISLA
31 May 2023 UK
Reporter: Lucy Carter

In the role, Davidson will be responsible for ISLA’s operational activities and daily management of the business

Zodia Custody hires Jaworek
31 May 2023 UK
Reporter: Carmella Haswell

Ronnie Jaworek, former Rising Star winner at SFT’s Industry Excellence Awards, has joined Zodia Custody as business development manager

Clearstream and Proxymity launch digital general meeting service
30 May 2023 Luxembourg
Reporter: Carmella Haswell

The service is planned to go live by the end of the year and will use Proxymity’s Vote Connect service to deliver to German and Luxembourg markets

BME Clearing live on CO:RE Repo
26 May 2023 Spain, Switzerland
Reporter: SFT

SIX claims that on becoming a live participant on CO:RE Repo, BME Clearing is joining a market with a growing appetite for non-CHF currencies and a daily outstanding volume of close to €70 billion

Euronext Clearing appoints Pecora as CEO
26 May 2023 Italy
Reporter: Bob Currie

Pecora will take over the helm at the multi-asset clearing house from 3 July and will replace Marco Polito, who stepped down as CEO of CC&G following the general assembly held on 27 April

ICMA elects Janet Wilkinson as new chair
25 May 2023 Europe
Reporter: Bob Currie

She will replace outgoing chair Mandy DeFilippo, who has come to the end of her term in fronting the capital markets industry association

South Street Securities appoints Ferber and VedBrat to board
24 May 2023 US
Reporter: Carmella Haswell

Laurie Ferber and Supurna VedBrat bring extensive industry experience and strategic insights as new members of the board, further strengthening the company's leadership and its ongoing growth initiatives