Figures from EquiLend Data & Analytics show loan balances hit US$4.42 trillion for the month, while the lender-to-broker market generated US$1.21 billion in revenue
This rise was driven by an 18 per cent YoY rise in GC Pooling average daily TAV to €243.1 billion, and an 92 per cent YoY increase in special repo average daily TAV to €330.2 billion
Alex Lawton takes on the role following Clear Street's European expansion, with a MiFID II license secured in the Netherlands, enabling the firm to operate across 27 EU countries
Jarrod Polseno has left the firm after more than 21 years, having held various positions, including managing director of securities finance trading and vice president of securities finance trading
The letter from the US Securities and Exchange Commission Division of Trading and Markets staff permits HQLAx to offer its collateral mobility services to qualified US broker‑dealers and banks