Leading the Way
Global Securities Finance News and Commentary
Securities finance news and commentary
Regulation
ESMA fines REGIS-TR
20 February 2026 Luxembourg
Reporter: Hansa Tote
The European Securities and Markets Authority imposed the highest ever fine on a trade repository due to the firm not complying with key organisational obligations laid down in EMIR and SFTR
Industry
Caventor Capital joins Eurex Clearing
20 February 2026 US
Reporter: Hansa Tote
The firm, which aims to empower clients with enhanced pricing through aggregated volume and trading opportunities, joins as the first ‘approved broker’ of its kind in the programme
Industry
NBIM and Credit Benchmark partner
19 February 2026 UK
Reporter: Hansa Tote
The partnership will allow Norges Bank Investment Management to embed independent, consensus-driven credit intelligence into its counterparty selection, collateral assessment, and risk monitoring frameworks
People moves
Liquidnet welcomes Gibbons
19 February 2026 US
Reporter: Hansa Tote
Michael Gibbons joins the firm from Morgan Stanley where he was senior leader of the firm’s global cross-asset futures business
People moves
BBVA welcomes Shepherd
18 February 2026 UK
Reporter: Hansa Tote
Chloe Shepherd joins the firm from Citi where she spent more than two years working in the credit and repo trading space
Industry
Mintos pursues ECB banking licence
17 February 2026 Latvia
Reporter: Hansa Tote
Obtaining an European Central Bank licence will provide access to deposit-based funding and create a foundation for offering lending and other banking products directly to customers
Leading the Way
Global Securities Finance News and Commentary
The rise of UK retail
In the UK, securities lending is no longer just for institutional investors. As retail investing becomes increasingly popular, the lending side has stepped up the pace to match. Hansa Tote explores
Theatre is over
Glenn Handley, founder and CEO of SecFin Solutions, looks at why T+1 settlement and structural balance sheet pressures leave tokenisation not as an efficiency play, but as a necessity for systemic survival
Is AI vs humans the right question?
Martin Walker, product manager at FIS, reflects on how the industry should look to use AI to supplement rather replace people, in improving efficiency, quality, and operational risk in securities finance
A new dawn
As the securities finance industry welcomes 2026, Hansa Tote gathers insights from industry experts on what they expect from the upcoming year
A transformative year: 2025 unpacked
In a review of the last year, Hansa Tote invites industry experts to discuss the drivers that have shaped the securities finance industry over the past 12 months
Leading the Way
Global Securities Finance News and Commentary
USS Investment Management Limited
Playing the long game
Ben Clissold of USS Investment Management Limited sits down with Carmella Haswell to review the importance of securities lending, tokenisation, and how the trustee supports the largest pension scheme for universities and higher education in the UK
BBVA
Expanding an institutional business
Leading BBVA’s global Securities Finance Trading business, Michael Manna speaks with Carmella Haswell about this global unit following its inception in 2022, the drive to expand in Mexico, and next steps for the firm
Provable Markets
Looking on the horizon: Channeling systemic growth
The Provable Markets team sit down with Hansa Tote to discuss leading the industry forward as the firm maps out its next steps to accelerate growth through build outs and new team players, and the strive to ‘do more with less’
Eurex Repo and Clearstream
Frank Gast and Marton Szigeti
2026 marks 30 years of Deutsche Börse Group’s Global Funding and Financing Summit. Hansa Tote speaks with Clearstream’s Marton Szigeti and Eurex Repo’s Frank Gast to discuss the last three decades
Broadridge
Darren Crowther
Darren Crowther, head of Securities Finance Solutions at Broadridge, shares how digital infrastructure, automation, and cross-industry collaboration are unlocking new levels of transparency, efficiency, and competitiveness
Leading the Way
Global Securities Finance News and Commentary
News and people moves roundupSolving the problem
Ownera’s Ami Ben-David on the tokenisation journey and what sets the firm apart.Reading short interest through the lending market
Nancy Allen, head of Data & Analytics Solutions at EquiLend, introduces the firm’s new daily Predicted Short Interest, designed to give an AI?derived view of current short exposure.The rise of UK retail
In the UK, securities lending is no longer just for institutional investors. As retail investing becomes increasingly popular, the lending side has stepped up the pace to match. Hansa Tote explores.