Drew Nicol

J.P. Morgan has completed the first fully electronic standardised total return swap based on IHS Markit’s iBoxx USD Liquid High Grade Index, through the Tradeweb Swap Execution Facility

Following the COVID-19 market stress experienced by money markets in March 2020, the EU regulator is considering four wide-ranging proposals for rule changes to shore-up liquidity buffers and transparency

The no-fee trading app gained more than 3 million users in 2020, which led to Robinhood sitting on assets available to lend worth $4.63 trillion, held in customer margin accounts, as of December 2020

The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending

A team of capital markets veterans including Matthew Peakman, Chris Hagstrom and Mark Toone are unveiling Kayenta, a fintech promising to bring efficiency to the hedge fund treasury functions with a focus on reducing the cost of financing

Since the onset of COVID-19 last year, three of Australia’s top-five largest superannuation funds, representing more than AUS 400 billion in AuM, have closed or significantly curtailed their programmes due to anti-short selling sentiment

Raj Karan Singh has taken over as global head of securities finance for boutique prime broker BCS Global Markets, after Christian von Gradowski moved elsewhere

The agency’s acting chair is calling for a review of the SEC’s 2019 guidance on proxy voting which she argues put too much emphasis on capturing incremental revenue from securities lending at the expense of exercising good corporate governance