The collaboration seeks to modernise the “heavily manual process” of navigating corporate actions with a fully automated cross-border proxy voting solution covering European shareholder meetings
Standard Chartered assisted with the deal on the first day of the QFII rules changed to allow securities lending in the Shanghai and Shenzhen markets in November 2020
The first short selling transactions took place on 29 December marking the first time offshore investors could participate in margin financing and short selling transactions on the Shanghai and Shenzhen stock exchanges
Despite a year of pandemic-fuelled turmoil, which usually leads to strong returns in the securities finance universe, the market recorded $7.66 billion last year compared to $8.66 billion for in 2019
The Italian Banking Association is experimenting with how a digital euro could be utilised by central banks to improve efficiency in repo markets and other activities