This week’s securities finance round-up features ISLA, Women in Securities Finance (WISF), Pirum, Xceptor, and an update on the challenge to the SEC’s rules on securities lending and short position reporting.
The adoption of Broadridge’s SFCM offering will allow the Singapore-based financial services provider to optimise and simplify its securities finance operations.
The expansion into the US is in response to the evolving nature of the securities finance industry in the region.
The adoption of Pirum’s technology will help eSecLending’s stay ahead of regulatory changes, especially with the US T+1 settlement deadline around the corner.
The repo transaction uses collateral from the largest digital bond issuance globally and the ‘first-ever’ multi-currency digital bond issuance.
Incoming hire brings with him nearly two decades of experience from Clearstream, where he held a variety of senior executive positions.
The proposed changes aim to regulate retail securities lending and tackle issues regarding disclosure, collateral rules, asset use, record-keeping, and audit provisions.
In the dynamic realm of securities finance, firms are continually adapting to a rapidly evolving landscape. Global Custodian recently engaged in a conversation with Nerin Demir, the head of repo and collateral management at SIX, to gain insights into the nuanced shifts occurring within this sphere. Demir provided valuable perspectives on current trends, challenges, and SIX's product suite tailored to address the evolving needs of the industry.
Global Custodian spoke with Marton Szigeti, head of collateral, lending and liquidity solutions at Clearstream, who provided insights into the evolving landscape of collateral management amid the challenges of the current global macroeconomic environment.
The short-sell ban imposed by the China Securities Regulatory Commission was in direct response to the recent plummet in Chinese shares.