Securities Finance

Equilend To Go Live Within a Month

Equilend, the securities lending platform controlled by a ten strong consortium of investment and custodian banks, will start trading before the end of June. In an interview with www.globalcustodian.com, president Dirk Pruis and CEO Ian Drachman confirmed that Equilend was

Granziol Becomes President of Eurex

Thursday saw the General Shareholders' Meeting of Eurex Zrich AG elect its new Board of Directors. At its constituent meeting, the new Board of Directors appointed Dr. Markus Granziol as President. Dr. Joerg Fischer, who had been President of the

ISMA Members Elect New Board Line-Up

Members of the International Securities Market Association (ISMA) have today elected one new member and re elected four existing members to the board of the Association. The elections to the board took place this morning at the ISMA annual general

German Finance Agency Starts Repo Trading on Eurex

Eurex says that the German Finance Agency has started trading on the Eurex bond and repo platforms. The admission of the Finance Agency, the debt management office of the German government, brings the number of participants currently on Eurex Bonds

UBS Executives Divide the Political Spoils

UBS is in danger of becoming one of those banks where the rewards accrue to the internal politicians rather than the external rainmakers. The hopeful headline that accompanied today's first quarter results UBS Expands Leadership Team" cannot conceal the fact

SecFinex Adds Six Plus Dutch Equities

SecFinex, the online marketplace for securities finance, announced today that it had introduced Dutch equities to its on line securities lending trading system. They join French, German, Irish, Italian and UK equities. In addition, six firms have signed up to

Four New Shareholders for CoredealMTS

Banca di Roma, CDC Ixis, Crdit Agricole Indosuez and Unicredito Banca Mobiliare have joined as shareholders in CoredealMTS, Europe's electronic exchange for international credit trading, following ISMA's auction of a part of its stake in the exchange. ISMA offered CoredealMTS

WorldCom May Infect Entire Corporate Bond Market

Big Companies Choosing Hybrid Pension Plans, Says Watson Wyatt The shift to so called hybrid pension plans by larger employers appears to be slowing and perhaps responding to different motivations, according to new analysis from Watson Wyatt Worldwide.A third of