BBVA’s equity finance desk has been working with Wematch.live to automate its solutions as part of the firm’s equities product expansion and investment in technology
The US prime broker and FCM has strengthened its team in London with the appointment of Gary Clifford-Newman to drive cross-asset sales and James Barten, who becomes head of EMEA securities finance
This proprietary solution links directly to Hong Kong’s central clearing and settlement system and will support demand for faster settlement to drive collateral management efficiency, settlement confirmation reporting and other gains in post-trade
The New York-based provider of electronic trading for rates, credit, equities and money markets indicates that average daily trading volume across all asset classes for the month of May has risen 14.1 per cent YoY to US$1.35 trillion
With the Bilateral SLB facility, securities lending and borrowing transactions will become “increasingly regular and fair”, according to IDClear, and is designed to allow market participants to optimise all securities that are eligible for transactio
Drawing on quantitative data from recent liquidity shocks, a BoE working paper evaluates how wider central clearing could extend dealers’ capacity to intermediate repo markets
The total securities lending volumes cleared on the Options Clearing Corporation (OCC) platform have increased 4.4 per cent year-on-year to 212,269 trades for May 2023
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
The global securities finance industry delivered US$1.06 billion in lending revenue in May 2023, a small rise on the US$1.05 billion in revenue generated for lenders during April 2023
A lack of discussion between all market participants on securities lending recall cutoff times has become a main concern during the move to T+1, according to Mathilda Yared, managing director of global securities finance at National Bank of Canada
Securities lending revenue for Q1 2023 was the highest generating quarter since 2018, according to Matthew Ross, associate director of EquiLend Data and Analytics Solutions
