The global securities finance industry has faced a 20 per cent YoY decline in revenue for April 2024, generating US$846 million for lenders, according to DataLend
The increase in repo average daily volume traded on the platform was driven by quantitative tightening and a rise in client adoption of Tradeweb’s electronic repo trading platform
Following the two firms’ collaborative effort on the Securities Financing Transaction Regulation solution, the new reporting solution will assist clients to meet the Securities and Exchange Commission’s incoming 10c-1a requirements