Glossary | Securities Finance Times

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Global Securities Finance News and Commentary

Glossary

Borrower

An entity that borrows securities with the obligation to return equivalent securities at the end of the loan period.

Borrower News

Industry
Provable Markets completes novation of bilateral stock loan in NSCC

In the first use case, an outstanding bilateral transaction was routed to the firm’s alternative trading system for confirmation, then forwarded to NSCC’s SFT Clearing service for processing

Industry
Wematch.live launches SM@RT Matching optimiser

SM@RT Matching is designed to enable both lenders and borrowers to define their own rules and constraints on the platform

Industry
Cboe Clear Europe secures support for SFT clearing service

Bank of America and State Street have committed to supporting the service which will launch in Q3 2024, subject to regulatory approvals

Technology
Zodia Custody integrates Digital Prime Technologies’ Tokenet

Tokenet is an institutional digital asset lending platform built by Digital Prime Technologies

ESG
SASLA: ESG is a critical aspect to influencing investment decisions

At this year’s South African Securities Lending Association conference in Cape Town, market participants gathered to discuss how ESG is impacting the financial markets

Industry
IMN: Market poised for pick up in M&A and IPO activity

Speakers at the event in Nashville discussed the drivers of trading in 2024 and special trading opportunities

Industry
Global securities finance revenue climbs 8.6% for 2023, reports DataLend

The global securities finance industry generated US$10.7 billion in revenue for lenders in 2023, according to market data provider DataLend

Industry
Pirum goes live with T+1 solution

The solution is designed to enable full automation of the recall lifecycle ahead of the T+1 settlement deadline in the US, Canada and Mexico in May 2024