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The trades were conducted by BMO, CIBC, RBC, Scotiabank and TD
The services will offer emerging funds and other large institutions the necessities to clear, custody, execute, and finance US equities and options
Ferguson joined CIBC Mellon at the beginning of the joint venture between the Canadian Imperial Bank of Commerce and the Mellon Financial Corporation in 1996
The Association’s conference on Canadian securities lending will be taking place in Toronto, and promises a day of panel discussions and insights into the securities finance industry
The firm says the solution enables advisors to offer SBL, understand book trends, and originate and monitor for SBL loans
BMO Capital Markets’ Nicholas Chan and Bank of Canada’s Harri Vikstedt will co-chair the new Collateral Infrastructure and Market Practices Advisory Group
Over the course of the summer, the bank will engage with primary dealers on an operational on-boarding process to ensure their readiness to participate in the programme
Linda Benzi will work to build out a securities lending desk at FNZ, while also focusing on the launch of the firm’s clearing broker-dealer
