Citi’s global head of ETF products is challenging the securities lending market to take ownership of promoting the use of index funds as both collateral instruments and a liquidity source
Under the new agreement, Standard Bank’s master custody and investment reporting mandate has been expanded to include securities lending among other services
The Polish trade repository quietly cut UK EMIR reporting from its available services after a late-stage deal it had negotiated with an on-shore TR to divert business through as of January fell through weeks before the Brexit deadline
In order to move to T+1, DTCC says industry participants must align and agree to shorten the settlement cycle by implementing the necessary operational and business changes, and regulators must be engaged
The WFE says the markets remained open and functioning despite the exceptional circumstances in 2020, but, after the peak in uncertainty observed in March, markets quickly recovered
A half-forgotten section of the US Dodd-Frank Act is being eyed as a vehicle to enact greater oversight of short selling activities and stamp-out perceived market manipulation
Melvin Capital CIO’s testimony before the US House Committee on Financial Services will defend the fund’s short selling practices and highlight the personal attacks he endured during January’s events
A Bermuda-based hedge fund has filed a suit in a New York court alleging that CIBC, Bank of America, UBS and TD Bank gamed the market causing shares it held in a major pharmaceutical to tumble in 2016