Greater acceptance of ETFs as collateral is one way of fully unlocking ETF inventory for market participants.
Collateral mobility system simulated transactions by several global banks including Commerzbank and ING, and confirms launch date.
New service will help firms meet stringent new securities financing transaction regulations.
Trades that get rejected for not having an issuer LEI could mean the amount of acceptable collateral could drop.
New lending exchange claims its delivering a ‘critical piece of financial markets infrastructure to the crypto economy’.
The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
State Street expects buy-side clearing of repo financing to increase significantly among mutual funds and money markets funds in the US.
The standard agreement template will be used for both mandatory and delegated reporting of securities financing and derivatives transactions.
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.