News search | Securities Finance Times

Generic business image for news articles

BNY Mellon wins AP7 mandate
31 May 2011 London
Reporter: Ben Wilkie

BNY Mellon has won the bid to provide derivatives collateral management services to Sjunde AP-fonden (AP7) the Swedish state pension fund, which has over euro 8.5 billion under management...

Citi boosts Asian team
31 May 2011 Hong Kong
Reporter: Ben Wilkie

Citi has appointed Rimmo Jolly and Rebecca Woo to its global markets relationship team in Asia...

NY Fed expands reverse repo counterparty list
31 May 2011 New York
Reporter: Ben Wilkie

The New York Fed has accepted a number of new money market funds as reverse repurchase transaction counterparties...

Penson signs up with Broadridge
30 May 2011 Toronto
Reporter: Justin Lawson

Penson Financial Services Canada Inc. is now operating live on Broadridge Canada’s Brokerage Processing Services (BPS®) solution and investor communication solutions for its securities processing and brokerage accounting businesses.

FINRA Issues Warning on Stock-Based Loan Programs
29 May 2011 Washington D.C.
Reporter: Steven Lafferty

The Financial Industry Regulatory Authority issued a new Investor Alert - Stock-Based Loan Programs: What Investors Need to Know - to educate investors about non-recourse stock-based loan programs, including the risks and rewards of these loans.

J.P. Morgan first foreign agent lender to execute in Brazil
27 May 2011 New York
Reporter: Ben Wilkie

J.P. Morgan Worldwide Securities Services has successfully executed and settled a securities lending transaction in the Brazilian market...

Cyrus Ardalan appointed new chairman of ICMA
26 May 2011 Paris
Reporter: Justin Lawson

The International Capital Market Association (ICMA) has appointed Cyrus Ardalan as the Association's new chairman. Ardalan becomes chairman with immediate affect having been elected during the 43rd AGM and Conference being held in Paris....

Austria extends short selling ban
25 May 2011 Vienna
Reporter: Ben Wilkie

The FMA, the Austrian regulator, has said it will further extend the ban on naked short selling of financial companies' shares until the end of November...

ZKB signs on to use EquiLend’s AutoBorrow
23 May 2011 London
Reporter: Justin Lawson

Zürcher Kantonalbank (ZKB) has signed on to use EquiLend’s trading and post trade services. ZKB initially plans to utilize the automated securities finance platform to lend their securities via EquiLend’s AutoBorrow and Availability service

BATS Europe unveils preferred interoperable clearing service
23 May 2011 London
Reporter: Ben Wilkie

BATS Europe has announced plans to launch an exclusive preferred interoperable clearing programme to allow trading participants the choice of a preferred clearer from three interoperating clearing counterparties (CCPs) from late July, pending regulat

Pico selects InRush
20 May 2011 Woburn
Reporter: Justin lawson

Redline Trading Solutions has had its InRush Accelerated Ticker Plant selected for Pico Quantitative Trading’s (PQT) new managed solution specifically designed for its multi-asset electronic trading clients...

Opportunities Abound Despite Regulatory Hurdles
19 May 2011 London
Reporter: Will Duff Gordon

Will Duff Gordon looks forward to the Data Explorers New York Securities Financing Forum where leading professionals will gather to discuss regulation and the tensions within the securities finance industry, along with some ground breaking new academ