The global securities finance industry generated US$890 million in revenue for lenders in January, representing a 27 per cent YoY rise and a 5 per cent MoM growth, according to DataLend
With an initial capital injection of US$155.6 million, the new firm Standard Chartered Securities (China) Limited will cover underwriting, asset management and brokerage activities, following CSRC approval
Securities lending volumes cleared through OCC have remained flat YoY at 177, 214 transactions for January, but average daily loan value has contracted over period
Repo average daily volume traded on Tradeweb increased 20.4 per cent YoY to US$416.9 billion for January 2023. The figure represents a 10.0 per cent MoM rise from the US$379.0 billion recorded in December 2022
ICMA ERCC report finds that repo market participants began year-end preparations early and, despite some early widening of pricing, fears of price dislocation over the turn were largely offset
ICMA says the initiative will help to inform the current discussions among policy makers in the ongoing MiFIR review, and should help “pave the way for the inclusion of meaningful, well-calibrated” sovereign bond data in the EU bond consolidated tape
Proposed rule will potentially restrict short selling in an asset-backed security or buying a credit derivative that allows the securitisation participant to benefit from specified credit events, to the detriment of the ABS investor
Corlytics has worked with ING as a partner on the project since 2018 and currently supports more than 550 ING users with regulatory information and risk data across compliance, risk, regulatory affairs and legal