US SEC delays decision on FINRA’s SLATE transparency proposal
The proposed Securities Lending and Transparency Engine (SLATE) rule mandates reporting of securities loans and public dissemination of loan information.
The proposed Securities Lending and Transparency Engine (SLATE) rule mandates reporting of securities loans and public dissemination of loan information.
WCAS has committed a further $200 million investment to support organic growth initiatives and acquisitions by EquiLend.
Pilot of initiative aiming to be a single source of truth for securities lending industry; begins with fully automated DLT system set to go live across the market in 2024.
North American equities have been attributed by DataLend as the driver behind increased lender-to-broker revenue.
New service aims to meet the industry need for higher-quality ESG evaluation options, particularly in securities finance.
The revenue generated for lenders in August 2021 also represents an increase of 5% from July 2021.
The partnership aims to meet the securities finance industry’s demand for swift modernisation, greater automation, increased efficiencies and lower costs.
EquiLend’s CEO, Brian Lamb, discusses the inception of the EquiLend on its 20th anniversary, along with talking innovation in securities finance, industry consolidation and what the future holds in the space.
Short-selling bans, lower market volumes and depressed fees result in an 11% drop in securities finance revenues during 2020.
MUFG Investor Services will leverage the Equilend Spire securities finance system for all pre- and post-trade services wrapped up in one solution.