These recommendations aim to contain the impact of large margin changes on clearing participants and their clients, and to prevent contagion of liquidity stresses to other parts of the financial ecosystem
The Global Principles for Sustainable Securities Lending indicated that RISCMTP-Notes could play a ‘positive role’ in delivering strong sustainability outcomes in securities and collateral transactions
The connectivity created by the two firms aims to increase straight-through processing, enabling counterparties to remit claims on pay date and reduce capital requirements
19 July 2023 Asia Pacific Reporter: Carmella Haswell
The document includes summaries of the Korean Broker annex, Korean Securities Depository (KSD) annex, Malaysia addendum and Taiwan addendum, extending their legal opinions covering use of the GMSLA to 64 jurisdictions
The Depository Trust & Clearing Corporation and CME Group have extended their cross-margining arrangements for the benefit of mutual clients that clear US treasuries and CME Group interest rate futures
The daily balances reached on the platform represent the trading activity of global financial institutions that use GLMX technology to negotiate and execute securities financing transactions
The sector generated US$7.02 billion in securities lending revenue during H1 2023, nearing heights not seen since 2008, according to S&P Global Market Intelligence’s Matthew Chessum
