The global securities finance industry generated US$9.89 billion in revenue for lenders in 2022, a 6.6 per cent increase from 2021, according to DataLend
The 3P Transparency project is expected to provide a long-term foundation for collaborations and include guidelines for letters of intent, memoranda of understanding and apportionment of financial costs
The Money Markets Committee cited an informal market survey indicating that settlement rates for closing leg trades were as low as 85 per cent, with lack of available stock and illiquidity in corporate bond markets the primarily reasons for fails
Celebrating its five-year anniversary, 100 guests — including active members of the group and supportive allies — gathered on the NYSE floor to watch as WISF leaders rang the closing bell to signal the end of the trading day
The acquisition furthers the London Stock Exchange Group’s strategy to enhance and grow its multi-asset post-trade offering for the uncleared derivatives space
19 December 2022Australia Reporter: Carmella Haswell
Australian superannuation Rest Super joins the beneficial owner association with more than 30 other active buy-side organisations involved in the securities financing markets
15 December 2022Switzerland Reporter: Carmella Haswell
The organisation indicates a growing requirement for harmonisation in cross-border trust services in the face of increasing levels of international trade and commerce taking place across digital platforms
In a decision announced yesterday in the Bonn courts, Berger has also been required to repay more than €13.5 million that he was deemed to have generated illegally through cum-ex trading and tax improprieties
14 December 2022South Africa Reporter: Carmella Haswell
Integrating their respective end-to-end processing solutions, the firms indicate that users of the service can streamline processes and strengthen operational efficiency throughout the proxy voting lifecycle in South Africa
14 December 2022Luxembourg Reporter: Carmella Haswell
Clearstream’s Global Securities Finance business declined 5 per cent YoY to €551.6 billion in volume outstanding during November, according to its monthly figures
Through this strategic partnership, LSEG will enter into a 10-year commercial arrangement to migrate its data platform and tech infrastructure into Microsoft’s Azure cloud, with Azure Machine Learning working with LSEG on new gen analytics solutions
