Citi hires derivatives expert for head of EMEA collateral services
The hire comes as custodians and buy-side firms rush to set up collateral management arrangements before the next phase of the uncleared margin rules.
Tag: collateral
CITIC CLSA utilises BNY Mellon for Stock Connect collateral
The participation of CITIC CLSA is the latest milestone for BNY Mellon as it looks to make Chinese securities more widely accepted by global trading firms.
Buy-side firms under pressure to finalise preparation ahead of next UMR phase
With less than a month to go, the pressure is on for buy-side firms to finalise documentation and custodial arrangements on their initial margin.
DTCC enhances ETF solution with automated collateral management service
New solution includes new fixed-income ETF capabilities and a no-touch process which provides increased operational efficiency and balance sheet relief.
Pirum enhances collateral management service with analytics module
Securities finance automation firm announces upgrade to CollateralConnect platform to provide enhanced visibility, workflow and controls.
State Street sets up specialist ESG securities lending strategy
The agency lending team has partnered with its buy-side arm to provide securities lending clients with the strategy.
BNY Mellon to accept Chinese bonds as collateral on tri-party platform
The move comes as international investors look to significantly increase their access to China’s $13.9 trillion bond market.
IHS Markit enhances ETF securities lending for custodians and prime brokers
Custodians and prime brokers have sought to unlock the use of ETFs as collateral in securities lending transactions.
European investors find new revenues from lending ETF assets
The potential for lending ETF units to generate additional yield could be significant, as investors focus on driving recovery in returns after the COVID-19 crisis.
T2-T2S consolidation project delayed until November 2022 after industry pressure
ECB decided to push back project to replace TARGET2 with a new real-time gross settlement, while also delaying the new Eurosystem Collateral Management system.