The template follows a requirement from ISLA members to produce a standard form template clause to assist market participants when lending and borrowing Austrian securities
The International Âé¶¹´«Ã½ Lending Association has released 2023 netting opinions to support the Global Master Âé¶¹´«Ã½ Lending Agreement relating to transfer of title-based securities lending transactions
Through the new connection, ION Markets’ clients will have access to Trumid’s integrated market data intelligence tools, which provide greater transparency and an aggregated view of the market
The solution, expected to launch in Q3 of 2023, aims to improve the way investors access and manage critical pre-pricing data for newly-syndicated Eurobonds by providing security identification and set-up processes
Paris-based CCP has seen nominal cleared value for euro-denominated transactions rise 21 per cent YoY to a new high of €65 trillion. This was registered across 3.0 million trades, a 15 per cent increase on Q1 2022
This is the second investment that Prysm Capital has made in Clear Street’s Series B funding, following on from a US$165 million commitment in May 2022, taking the value of the New York-based prime broker to close to US$2 billion
GC Pooling term-adjusted average daily volumes were up 125 per cent YoY for March to €114.9 billion and special repo has grown 66 per cent YoY to €181.6 billion
Financial solutions provider RISCfp has introduced managed treasury pool notes to enable insurers to diversify or reduce their short-term investment risk as they pledge collateral
The new service comes as a response to an industry requirement to reduce counterparty risk by removing the need to store collateral with trading counterparties
The global securities finance industry generated US$2.76 billion in revenue for lenders in Q1 2023, a 27 per cent year-on-year increase, according to DataLend
The Bank of England staff working paper draws on transaction-level data from government bond, repo and IRS markets to evaluate movements in market liquidity, price trends and investor behaviour during the autumn 2022 gilts market upheaval