Tag: securities lending

State Street has aimed to offer new products and services to help combat consistent falls in revenues for its securities finance business. 

JP Morgan's Collateral Transport tool will act as the 'brain' for buy-side firms to manage assets used for securities lending or to meet margin calls.

The new members include CalSTRS, AustralianSuper, and Thrivent Financial, as the new trade body aims to promote peer-to-peer lending among a wider range of firms.

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.

The associations aims to create a more efficient and actionable way to encourage peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners.   

The bank stated the year-on-year increase for the asset servicing business reflected higher foreign exchange and other trading revenues.

The massive fall in revenues was largely caused by lower market valuations and short-selling bans enacted worldwide by regulators. 

Services to include global and domestic custody, institutional accounting and securities lending for the agency. 

MUFG Investor Services will leverage the Equilend Spire securities finance system for all pre- and post-trade services wrapped up in one solution.

The two firms have partnered to develop a front-to-back securities lending solution using the Wematch platform for mutual clients.