Convertible hedging may have increased amid the surging share price, which partly explains the increase in share borrowing despite the apparent “face-melting short squeeze,” says IHS Markit’s Sam Pierson
The revised Q&A addresses errors in event reporting, updates to records of outstanding reports by the counterparties and operational aspects of reporting by financial counterparties on behalf of small NFCs
The partners aim to save firms from FCA fines after 362 firms were found to have submitted errors and omissions in their MiFID II reports between January and the end of October last year.
The US SEC has offered a thinly-veiled warning to Robinhood that it will be investigating its decision to ban investors from buying several stocks that have surged in recent weeks
Broadridge has partnered with sustainable investment research firm Third Economy to provide a new offering to better help companies and investors enhance their ESG programmes
The chair of the House Committee on Financial Services is launching a campaign to stop “private funds preying on the pension funds of hard-working Americans” in the wake of the GameStop short squeeze
GameStop’s skyrocketing share price, led by retail investors mobilised on a Reddit forum, has captured the world’s attention with headlines citing short sellers' losses running into the billions of dollars, but does this tell the whole story?