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Glossary

Recall

The action taken by a lender to request the return of securities on loan before the agreed return date.

Recall News

Regulation
SF Symposium: Automation is key, but T+1 challenges remain

The panellists shared their own experiences from North America’s own shift in May 2024 — largely accepted as a general success

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
BBH rolls out Pirum’s Recalls Manager

The offering covers the full global post-trade lifecycle from issuance to closure and was adopted to reduce securities lending fails

Industry
World’s largest pension fund to resume foreign stock lending

Japan’s Government Pension Investment Fund has confirmed it will resume foreign stock lending after it first suspended the practice in December 2019

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

Industry
RMA: US Treasury clearing proposal and T+1 recall deadlines cause confusion

The regulatory trajectory signifies a busy future for the industry, which is currently engaged in an altering landscape

Industry
Pirum launches recalls solution to aid T+1 compliance

In confronting the increasing complexity and time criticality of the recall process, Pirum says the solution aims to transform this activity by digitising, reducing latency and minimising operational costs

Industry
Wematch launches new digital workflows for trade desks

With the addition of two new modules to its digitised dealing workflow platform, the Financial Resource Management Optimiser and Total Return Swaps Cash Flow Management solution, Wematch aims to deliver greater efficiency to sec finance trading