Clearstream’s Global Securities Financing volume outstanding increased 3 per cent year-over-year to €609.8 billion for April, according to its monthly figures
Under the partnership, LSEG will migrate LSEG Workspace to leverage OpenFin’s technology, making its platform more easily deployable and interoperable with internal apps developed by banks and buy-side customers
The Canton Network is designed for institutional assets and built to unlock the potential of synchronised financial markets. Currently, 29 participants have joined the network, including EquiLend, BNP Paribas, Digital Asset and Deutsche Bӧrse Group
The private banking group indicates that Sharegain’s Securities Lending as a Service solution will enable it to connect all asset pools to one centralised solution and to generate new revenue from its assets under custody
This year-on-year growth has been driven by a 172 per cent YoY increase in GC Pooling average daily term-adjusted volume to €149.0 billion and 41 per cent YoY growth in special repo average daily volume to €210.0 billion
The global securities finance industry generated US$1.05 billion in revenue for lenders in April 2023, a 27 per cent year-on-year increase from April 2022, DataLend reports
The global operator of electronic marketplaces for rates, credit, equities and money markets reports that average daily volume across all asset classes on Tradeweb for April was US$1.15 trillion, an increase of 4.7 per cent YoY
With the end date for USD LIBOR transition now less than three months away, the Financial Stability Board is encouraging the market to finalise the transition of legacy contracts to prevent a “pile up” as cut-off approaches
The mandate is expected to draw on both firms’ trading solutions and industry experience to create more liquid, transparent and efficient fixed income markets
