SEC postpones 10c-1a SLATE approval 07 August 2024 US Reporter: Carmella Haswell Consistent with Exchange Act Rule 10c-1a, FINRA proposed to adopt the FINRA Rule 6500 Series Securities Lending and Transparency Engine (SLATE)
SNB Capital becomes Muqassa clearing member 07 August 2024 Saudi Arabia Reporter: Carmella Haswell Muqassa says it reduces post-trade risk and provides a centralised counterparty risk management service
Wells Fargo selects Engle to head technology 07 August 2024 US Reporter: Daniel Tison With more than 30 years of experience leading technology transformations across global financial institutions, Bridget Engle will be responsible for all technology at Wells Fargo
Tradeweb reports 25.3% rise YoY in repo ADV for July 06 August 2024 US Reporter: Daniel Tison Repo average daily volume jumped 25.3 per cent year-over-year to US$621.81 billion for July
Singapore and Vietnam exchanges collaborate on derivatives market 06 August 2024 Asia Pacific Reporter: Carmella Haswell The move aims to foster investment flows and share best practices in regulatory and governance standards
Eurex Repo average daily volume up 12% YoY for July 06 August 2024 Europe Reporter: Daniel Tison This increase was driven by a rise in average daily term-adjusted volume for both GC Pooling and special repo, as Eurex reports
Global securities lending revenue down 11% YoY for July, says DataLend 05 August 2024 US Reporter: Daniel Tison US equity lending shows signs of acceleration despite weaker annual returns, DataLend reports
MarketAxess reveals 24.1% YoY growth in total ADV for July 05 August 2024 US Reporter: Daniel Tison The growth in total credit ADV helped offset a decline in US high-yield ADV, says MarketAxess CEO
Investec selects Doomernik to lead TRS team 05 August 2024 Netherlands Reporter: Daniel Tison In this newly created role, Tom Doomernik will be responsible for building the bank’s client book in the Netherlands and creating a team on the ground
Maybank hires Measures as Head of Securities Financing for Asia 05 August 2024 Malaysia Reporter: Daniel Tison Darren Measures brings more than two decades of experience in finance to the role
ISLA welcomes AustralianSuper as new member 02 August 2024 Australia Reporter: Carmella Haswell AustralianSuper is one of Australia’s largest superannuation funds and one of the largest pension funds in the world
OCC average daily loan value up 23% YoY in July 02 August 2024 US Reporter: Daniel Tison Total securities lending transaction volumes increased by 30.87 per cent YoY to 247,572 transactions for July