All industry news

US House considers calls for enhanced short selling disclosures after GameStop saga

19 February 2021 US
Reporter: Alex Pugh

A half-forgotten section of the US Dodd-Frank Act is being eyed as a vehicle to enact greater oversight of short selling activities and stamp-out perceived market manipulation

Charles Schwab lending earnings soar after TD Ameritrade deal

18 February 2021 US
Reporter: Drew Nicol

Following its acquisition of TD Ameritrade, Charles Schwab recorded more securities lending revenue in one quarter than it did in all of 2019

Melvin Capital founder heads to the hill for GameStop hearing

18 February 2021 US
Reporter: Alex Pugh

Melvin Capital CIO’s testimony before the US House Committee on Financial Services will defend the fund’s short selling practices and highlight the personal attacks he endured during January’s events

International brokers sued over naked short selling allegations

12 February 2021 US
Reporter: Alex Pugh

A Bermuda-based hedge fund has filed a suit in a New York court alleging that CIBC, Bank of America, UBS and TD Bank gamed the market causing shares it held in a major pharmaceutical to tumble in 2016

After GameStop, don’t shut-out day traders, says ISLA CEO

12 February 2021 UK
Reporter: Drew Nicol

“Opening-up of markets to retail investors must include a commitment from regulators and politicians to empower its citizens through the development of greater financial fluency, that will build the trust that is needed for these markets to reach the

Eurex Lending CCP to close

11 February 2021 Germany
Reporter: Drew Nicol

Alongside unsustainable volumes on the Lending CCP, Eurex has cited external hurdles including new regulations, Brexit and the COVID-19 pandemic as driving down clearing adoption on the priority lists of potential clients

Euronext reports exceptional surge on its post trade revenue

11 February 2021 The Netherlands
Reporter: Natalie Turner

Higher clearing revenue and consolidation of Danish CSD VP Securities drove a 69.1 per cent increase in post trade revenue

Ample IPOs should drive bumper revenue in 2021, says Northern Trust

10 February 2021 US
Reporter: Alex Pugh

In a recent Northern Trust webinar, the bank's head of North American equity securities lending trading predicted that a surplus of capital and the pent-up IPO and M&A pipeline from 2020 will bring a flurry arbitrage opportunities