BNY and EquiLend support eToro in stock lending launch
The introduction of stock lending represents an expansion of the existing relationship between BNY and eToro.
The introduction of stock lending represents an expansion of the existing relationship between BNY and eToro.
Initiative enables use of crypto and tokenised money market funds as off-exchange collateral, with Franklin Templeton and Brevan Howard Digital among early participants.
Cboe Clear Europe among first users of platform supporting centrally cleared SFTs.
The intraday repo solution is designed to enable market participants to source liquidity for specified periods of time without the need to borrow for a full 24-hour period.
Collaboration focuses on MEA and APAC regions, offering a cost-effective, integrated solution to meet growing regulatory demands and streamline collateral workflows.
The market infrastructure provider said the platform leverages a scalable, industry-driven framework “rooted in open architecture and common standards”.
New collaboration platform aims to enhance trade query resolution and contract processing efficiency.
The first trades were cleared with JP Morgan acting as a borrower, BNY as tri-party collateral agent and Natixis Corporate & Investment Banking as a principal lender.
This week’s securities finance round-up features Crédit Agricole, Pan Asia Securities Lending Association (PASLA), International Securities Lending Association (ISLA), Bank of Canada, London Reporting House (LRH) and DataLend.
The Canadian Collateral Management Service (CCMS) platform facilitates collateral management and securities financing in the Canadian market.