Exclusive: Markit extends securities finance offering
29 October 2014 London
Image: Shutterstock
Markit has extended its securities finance offering with the integration of all publicly disclosed short-selling positions required by European Securities and Markets Authority (ESMA) regulations.
Markit Securities Finance customers can now obtain a complete view of short interest which includes global securities finance trade data reported to Markit by lenders and borrowers, alongside public short selling disclosers.
This integrates all ESMA short disclosures into a single service that covers all European markets under ESMA’s jurisdiction, including UK, Germany, France, Italy and Spain.
Pierre Khemdoudi, director of securities finance at Markit, said: “The addition of all European public short selling disclosures to our securities finance dataset will help position Markit as a one-stop shop for customers seeking a holistic view on all aspects of short selling and securities finance."
The ESMA public short selling disclosure data dates back to 2012 when ESMA regulation (EU) 236/2012 was implemented, which required public disclosure of any short position in a European listed company exceeding 0.5 percent of shares outstanding.
Markit recently included web access for its benchmarking services to enable easier access to accurate performance reporting, as well as advanced analytics of general collateral and specials to identify top earning securities to support customer reporting.
Access to pending analytics, intraday rates and domestic trading levels is also available via the web portal.
Markit Securities Finance customers can now obtain a complete view of short interest which includes global securities finance trade data reported to Markit by lenders and borrowers, alongside public short selling disclosers.
This integrates all ESMA short disclosures into a single service that covers all European markets under ESMA’s jurisdiction, including UK, Germany, France, Italy and Spain.
Pierre Khemdoudi, director of securities finance at Markit, said: “The addition of all European public short selling disclosures to our securities finance dataset will help position Markit as a one-stop shop for customers seeking a holistic view on all aspects of short selling and securities finance."
The ESMA public short selling disclosure data dates back to 2012 when ESMA regulation (EU) 236/2012 was implemented, which required public disclosure of any short position in a European listed company exceeding 0.5 percent of shares outstanding.
Markit recently included web access for its benchmarking services to enable easier access to accurate performance reporting, as well as advanced analytics of general collateral and specials to identify top earning securities to support customer reporting.
Access to pending analytics, intraday rates and domestic trading levels is also available via the web portal.
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