DTCC to launch securities financing clearing service, supported by Broadridge
Set to launch in Q3 2021, the DTCC SFT clearing service would offer both direct access and a sponsored membership model to buy-side firms.
Set to launch in Q3 2021, the DTCC SFT clearing service would offer both direct access and a sponsored membership model to buy-side firms.
The resurgence in short selling and increased performance among hedge funds could pave the way for a profitable year for securities lending desks of banks.
The move is the latest in Citi’s efforts to grow its securities services capabilities in emerging and frontier markets.
In the first of a new Friday Q&A segment, GC spoke to BBH's global co-heads of securities lending Thomas Poppey and Marney McCabe on asset manager lending strategies for 2021, the rise of peer-to-peer trading, and how technology is shaping new services.
MUFG continues to invest in securities finance team with new hire in Luxembourg.
Short-selling bans, lower market volumes and depressed fees result in an 11% drop in securities finance revenues during 2020.
Citi, HSBC and Standard Chartered all successful facilitate margin financing and securities borrowing transactions in China for global investors under the Qualified Foreign Institutional Investors (QFII) scheme.
The addition of NBIM continues GPFA’s impressive streak of signing up some of the world’s largest asset owners as member firms.
The solution is a market first and improves the tax transparency of securities lending opportunities in TTFs for institutional investors.