Recent action of an EU-based bank in borrowing stock to vote at a company AGM prompted criticism from industry working groups. Bob Currie examines the fallout from this widely-publicised case
Buy-side firms are relying on agent lenders to explore different means of accessing market liquidity as the securities lending discipline evolves. Carmella Haswell reports
The industry maps out routes of opportunity in emerging markets while discussing the pain points of establishing lending and financing activities in the Middle East and Africa regions. Carmella Haswell reports
Institutional owners are restricting lending of companies perceived as unsustainable, according to State Street’s Travis Whitmore. Carmella Haswell reports
Finteum’s co-founder Brian Nolan speaks to Bob Currie about the development of the London fintech’s DLT-based platform and countdown to its proposed launch in mid-2023
After a much anticipated announcement by the European Securities and Markets Authority, industry participants reflect on a three-year delay to the implementation of the CSDR mandatory buy-in regime. Carmella Haswell reports
A drive in transformation and innovation is required to get ahead of the technology curve, where the securities finance sector is seemingly lagging behind. With a greater focus on tokensiation and native digital assets, pressure mounds on the sector to tackle data and automation issues. Carmella Haswell reports
As the temporary central clearing exemption granted by the European Commission expires, Frank Odendall, Eurex’s head of securities financing, product and business development, finds that pension funds are voluntarily looking to CCP clearing for both mandatory and non-mandatory products, including repo
Christopher Page, VP for product and business development at Eurex, explains that the benefits of CCP-cleared repo far outweigh the costs, delivering greater capital efficiency and significant operational and legal simplification over bilateral channels
GLMX’s chief product officer Andy Wiblin observes that securities financing markets are entering a new phase of electronification, enabling complex flows that were previously locally optimised in spreadsheets now to be digitised
California-based trading platform announces the roll out of a lending service that will be available to “all customers” by the end of May, while Q1 transaction-based revenues contract 48 per cent YoY. SFT reports
Industry specialists reflect on challenges confronting buy-side firms in accessing repo markets, particularly under conditions of market stress, and what we can learn from recent experience. Carmella Haswell reports
