TriOptima and LCH.Clearnet are expanding their consolidation of unlinked, cleared interest rate swaps, eliminating 30 percent of New Zealand dollar notional outstanding in first SwapClear NZD cycle...
Post-trade services provider Clearstream experienced a 3 percent drop off for global securities financing services last month, falling to €613 billion, according to its August figures...
Russia’s central securities depository, the National Settlement Depository (NSD), has implemented back-to-back settlements technology for off-exchange delivery-versus-payment transactions...
Northern Trust has responded to increasing demand for its securities lending and transition management services by creating several new senior positions in its global capital markets team...
Global borrow balances grew by more than $10 billion in the first week of September with some industries reporting more than $1 billion of stock value fluctuations, according to S3 Blacklight...
Deutsche Bank has merged its listed derivatives and markets clearing department into its prime services unit, which manages the bank’s securities lending services for borrowers...
Industry associations have expressed a preference for the use of position level data to make securities lending more transparent, in a response letter to the Financial Stability Board’s data experts group meeting...