Securities Finance

Taiwan Liberalises Its Securities Lending Market

The Securities and Futures Commission (SFC) in Taiwan has agreed to allow Qualified Foreign Institutional Investors (QFIIs) to engage in securities borrowing and lending. QFIIs will now be allowed to borrow stocks for "strategic trading purposes" by using onshore assets

EuroMTS Launches MTS Austria

EuroMTS has launched MTS Austrian Market, a segment of EuroMTS. It lists all Austrian government bonds with a minimum outstanding size of at least Euros 3 billion. MTS says the new segment will complement trading of Austrian benchmark government bonds

Stewart Wright Steps Down At Clearstream

Stewart Wright, executive director of the banking business at Clearstream, left the Luxembourg based ICSD for the last time last night. Wright, who joined the then Cedel in January 1995, is said to want to spend more time with his