ICMA has presented a ‘waterfall’ of proposals for implementing the SDR, based on its members’ assessment of what it considers most optimal in terms of minimising disruption to Europe’s bonds markets while still attaining the objectives of CSDR
The utilisation of CDS’ Post-Trade Modernisation settlement platform and Euroclear’s Collateral Highway will enable market participants to mobilise collateral assets across repo, securities lending, cleared and uncleared margin accounts
IHS Markit has enhanced its ETF collateral lists to accelerate counterparty borrowing with the help of Barclays, BlackRock, BNY Mellon, Citi, Credit Suisse, HSBC, J.P. Morgan and State Street
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
