JP Morgan announces duo of senior appointments to securities finance business
New global head of agency securities finance and global head of triparty named as part of internal reshuffle.
New global head of agency securities finance and global head of triparty named as part of internal reshuffle.
BNY’s Victor O’Laughlen discusses the launch of the firm’s new collateral platform, and how it aims to address key challenges facing collateral providers today across securities lending, repos, and derivatives.
This week’s securities finance round-up features Euroclear, HSBC, GLMX, Pan Asia Securities Lending Association (PASLA), European Central Bank (ECB), London Reporting House (LRH) and Pirum.
Bill Mascaro, global securities financing trading head for Citi, discusses navigating the challenges of T+1, how some of the concerns prior to the transition didn’t come to the fore and how upcoming market events may impact the sector under the newly shortened settlement cycle.
The shift to a shorter settlement has raised concerns within the realm of securities finance, prompting firms to contemplate scaling back their lending activities until the new settlement system proves its reliability.
Fnality and HQLAx are gearing up to officially launch wholesale cross-chain repo settlements in live environments later this year, pending regulatory approvals.
This week’s securities finance round-up features EquiLend, International Securities Lending Association (ISLA), Pan Asia Securities Lending Association (PASLA), Avaloq, Financial Industry Regulatory Authority (FINRA) and Wematch.live.
The new facility will be integrated within Euroclear’s tri-party platform.
SGC Notes will be issued by a special purpose vehicle established as an Ontario trust, with the Computershare Trust Company of Canada acting as trustee and CDCC serving as promoter, administrative agent, custodian, and paying agent.
The banking trio has surpassed the €1 billion milestone for the collateral management industry utilising HQLAX’s distributed ledger technology (DLT) platform.