All latest securities finance news

Global securities finance revenues jump 40% YoY in July

10 August 2022 Global
Reporter: Carmella Haswell

July has become the highest revenue generating month of 2022, with global securities finance revenues totalling US$1.215 billion, according to S&P Global Market Intelligence

Broadridge hires Turmaine

10 August 2022 UK
Reporter: SFT

Former J.P. Morgan head of securities and prime brokerage operations joins Broadridge from Accenture to build the firm’s post-trade and digital asset consultancy in EMEA

Richard Gomm joins CloudMargin

09 August 2022 UK
Reporter: Carmella Haswell

Richard Gomm, former head of EMEA collateral management at VERMEG, has been appointed director of product management at CloudMargin

ISLA appoints Ashurst for GMSLA review

08 August 2022 UK
Reporter: Carmella Haswell

Ashurst will look at key provisional changes to title transfer and pledge frameworks of the Global Master Securities Lending Agreement that may require alterations to cater for digital assets

Bradford joins BNY Mellon

05 August 2022 UK
Reporter: Carmella Haswell

Paul Bradford, former European head of equities, securities lending and repo trading at ING, joins BNY Mellon as director of cross product trading solutions

BlackRock appoints Coinbase to enable cryptoasset services for Aladdin users

05 August 2022 US
Reporter: SFT

Through this relationship, BlackRock clients using the asset manager’s Aladdin platform will be able to employ agency trading services, custody, prime brokerage and reporting services through Coinbase’s prime brokerage platform

Clearstream and Pirum extend collaboration to boost collateral connectivity

04 August 2022 Luxembourg
Reporter: SFT

This extension of their service agreement will offer automation of calculation, matching, submission and validation of collateral requirements and allocations across securities lending, repo and OTC derivatives