BNY Mellon goes live with cleared agent securities lending offering for buy-side firms
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
Securities Finance
Securities lending data firms complete end-to-end test for SFTR reporting
IHS Markit, Pirum Systems and Rabobank ran the test for reporting securities financing transactions to DTCC's trade repository.
JP Morgan sells half of its EquiLend stake to National Bank of Canada
JP Morgan will continue to hold a 10% ownership interest in EquiLend.
DTCC partners with RegTech firms for wider SFTR coverage
The partnerships expand DTCC's support coverage for the incoming securities financing transaction regulation (SFTR).
Large funds facing up to SFTR requirements before their go-live date, says DTCC
LEI and UTI information will be required ahead of the SFTR deadline for large funds, according to an industry expert.
ESMA releases long-awaited consultation on SFTR
Industry welcomes consultation paper which addresses which securities financing transactions will be reportable for incoming regulation, among other aspects.
Fidelity enhances in-house stock lending
Move away from third-party provider reflects growth in automation.
Standard Chartered partners with eSecLending for new agency lending service
The partnership will enable Standard Chartered to provide agency securities lending to both custody and non-custody clients.
Securities lending traders may be forced to leave the market following SFTR
Experts say some firms could leave the market temporarily or permanently due to incoming securities finance regulations.
Citi wins securities lending mandate for Hong Kong’s CSOP Asset Management
The partnership highlights a growing trend of Asian asset managers turning to securities lending as an additional source of income.