Tradeweb reports 34.2% increase YoY in repo ADV for December 05 January 2024 Europe, US Reporter: Sophie Downes Repo average daily volume traded on the Tradeweb platform climbed 34.2 per cent year-on-year to US$508.7 billion for December
Pagnanelli launches new consultancy firm for sec lending 04 January 2024 US Reporter: Carmella Haswell Based in the US, Brian Pagnanelli aims to provide an external independent review of clients’ businesses, as well as their account base strategies
CME BrokerTec reports 17% rise in US repo volumes 04 January 2024 Europe, US Reporter: Sophie Downes US repo recorded an average daily notional volume of US$313.5 billion in December, with EU repo declining 17 per cent to volumes of €267 billion
Euronext completes €200 million share repurchase programme 04 January 2024 Europe Reporter: Sophie Downes Approximately 2.7 per cent of Euronext’s share capital was repurchased by the pan-European market infrastructure
LSEG appoints Gest as operations lead for DMI 04 January 2024 UK Reporter: Carmella Haswell David Gest brings 25 years of financial services experience to the role, formerly acting as head of product at Montis Digital
OCC average daily loan value up 9.39% for 2023 04 January 2024 US Reporter: Carmella Haswell The end of year performance was supported by a 31.4% YoY increase in average daily loan value for securities lending trades in December, which generated US$161.6 billion
Global securities finance revenue climbs 8.6% for 2023, reports DataLend 03 January 2024 US Reporter: Sophie Downes The global securities finance industry generated US$10.7 billion in revenue for lenders in 2023, according to market data provider DataLend
S&P Global promotes Lloyd to head Cappitech 03 January 2024 Singapore Reporter: Sophie Downes Struan Lloyd joined S&P Global (formerly IHS Markit) in 2019 from CME Group where he acted as head of the APAC trade repository in Singapore
Citi hires Robinson as global head 03 January 2024 UK Reporter: Carmella Haswell Former J.P. Morgan global head Pitts Robinson has joined Citi as global head of securities financing product
Fechter steps down from Deutsche Börse Group 02 January 2024 Switzerland Reporter: Sophie Downes Tilman Fechter was head of strategy fund services at Deutsche Börse and was a member of the management board at Clearstream
Edaa delays shortening settlement cycle 02 January 2024 Qatar Reporter: Lucy Carter The move, which was originally scheduled for 2 January 2024, has been pushed back to March
ESAs propose extending the EMIR equity option exemption 21 December 2023 Europe Reporter: Sophie Downes The draft proposes a two-year extension to the equity option exemption from bilateral margining as well as issue a no-action opinion