Digital Asset’s head of Europe sees potential opportunity through distributed ledger technology in settlement for securities lending between when counterparties want to settle.
Morgan Stanley and Dutch Pension fund PGGM are in the final stages of testing to become the first to use the EquiLend Clearing Services connectivity to access Eurex Clearing’s securities lending CCP.
DTCC intends to submit an application to become a registered trade repository under SFTR.
For the first time, trade reporting requirements will be imposed on repos and other securities financing transactions.
The securities lending and prime brokerage divisions of five banks and Vanguard have joined the SFTR design partner group.
Goldman Sachs partnered last year with Fidelity Custody and Clearing Solutions to provide securities lending services to smaller-sized clients.