State Street launches peer-to-peer securities lending platform
The platform could serve as a significant boost to State Street’s position as an alternative to the bulge-bracket prime brokers in the securities lending market.
Tag: securities lending
HQLAX successfully tests tokenised securities lending solution with banks
Collateral mobility system simulated transactions by several global banks including Commerzbank and ING, and confirms launch date.
Securities lending participants missing key reporting data for SFTR
Trades that get rejected for not having an issuer LEI could mean the amount of acceptable collateral could drop.
Digital asset lending platform gears up for early September launch
New lending exchange claims its delivering a ‘critical piece of financial markets infrastructure to the crypto economy’.
Northern Trust appoints senior sec lending manager to lead ANZ sales
The Asia-Pacific region has become an important area of growth for Northern Trust to introduce new capital markets products.
US pension fund LACERA plans to open up bids for $9 billion securities lending mandate
The Los Angeles County Employees Retirement Association has used State Street and Goldman Sachs as its two securities lending partners.
Northern Trust rolls out machine learning tech for securities lending
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
Securities lending lawsuit against Wall Street banks dropped
The lawsuit accused the six banks and their prime brokerage divisions had colluding to ‘boycott’ an electronic securities lending trading platform.
Securities lending dampens BNY Mellon’s asset servicing revenues in Q2
The decline means another disappointing quarter for the world’s largest global custodian as asset servicing revenues fell 8% year-on-year.
The tri-party landscape
With the results of Global Custodian's annual Tri-Party Securities Finance Survey set to be released, we take a look back over the past few years of Tri-Party surveys, what has changed and what persists?