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SEC cracks down on shorting with record fine
11 March 2014 Long Island
Reporter: Georgina Lavers

The Securities and Exchange Commission (SEC) has slapped the largest-ever monetary sanction for a Rule 105 short selling violation, as a Long Island-based proprietary trading firm and its owner agreed to pay $7.2 million to settle charges...

Bilateral collateral is on the table at Clearstream
10 March 2014 Luxembourg
Reporter: Georgina Lavers

Clearstream is rolling out a bilateral collateral management service which aims to strengthen the OTC processing capabilities of the ‘global liquidity hub’, the company’s integrated risk and liquidity management solution...

Euroclear’s ‘collateral highway’ rises 12 percent
07 March 2014 Brussels
Reporter: Georgina Lavers

Euroclear released its highlights of 2013, which showed that the value of securities held on behalf of its clients grew 5 percent year-on-year, to €24.2 trillion...

Repo rises at Eurex Group
07 March 2014 Frankfurt
Reporter: Georgina Lavers

Contracts have slipped by 800,000 year-on-year for Eurex Group, but repo markets are on the rise...

AMG Global seeks prime clearing strength
06 March 2014 Amsterdam
Reporter: Georgina Lavers

A new global execution platform developed by ABN AMRO Clearing will provide clients with routing capabilities between Asia, US and Europe for equities and futures trading via a single FIX connection...

ICMA publish repo bible
05 March 2014 London
Reporter: Stephen Durham

ICMA’s European Repo Council (ERC) has launched its updated guide to best practice in the European repo market, which gives practical guidelines for traders and legislators alike...

Asia trade volume hits new highs for EquiLend
05 March 2014 Hong Kong
Reporter: Georgina Lavers

In February, 40,672 trades were executed on EquiLend’s securities finance trading platforms in Asia. The previous monthly trading record in Asia was 33,554...

Short selling still the target of FINRA's arrow
04 March 2014 New York
Reporter: Georgina Lavers

Short selling generated the third-highest amount of fines for FINRA in 2013, proving that the practice is still very much in the regulator’s eye...

OCC lending CCP dips for February
04 March 2014 Chicago
Reporter: Georgina Lavers

OCC's securities lending CCP activities declined by 2 percent in new loans year-on-year, with 88,536 transactions seen in February 2014...

Frank La Salla takes the weight off of Pandiri
03 March 2014 New York
Reporter: Georgina Lavers

BNY Mellon has appointed Frank La Salla as CEO of its alternative investment services (AIS) business, a role that Samir Pandiri has held for the past two years...

Japan's looking bright, finds Markit Securities Finance
28 February 2014 London
Reporter: Mark Dugdale

Japanese securities lending is looking bright, according to Markit Securities Finance analyst Simon Colvin. Generally flat loan balances have not stopped Japan from seeing a steady rise in specials and their associated fees over the last two years...

Euroclear enjoys Collateral Highway ride
28 February 2014 London
Reporter: Mark Dugdale

Euroclear’s Collateral Highway mobilised an average of €787 billion of collateralised transactions daily in 2013, a 12 percent increase over 2012...