Budh-Raja will chair the association鈥檚 board of directors for the next three years, alongside the newly elected group, which consists of Jonathan Lombardo, Alessandro Cozzani and Philip Winter
The global securities finance industry generated US$781 million in revenue for lenders in October 2022, representing a 5 per cent decrease year-over-year from the US$821 million generated in October 2021
Securities lending volumes cleared through OCC have grown 11.6 per cent YoY for October, but average daily loan value for OCC-cleared sec lending trades has contracted 11.6 per cent YoY to US$115.6 billion
Marney McCabe has been appointed head of relationship management for agency lending at Fidelity Capital Markets, the institutional trading arm of Fidelity Investments
The DRR initiative aims to create efficiency as firms adapt their reporting systems to comply with changes to CFTC reporting rules, and to improve the accuracy and consistency of what is reported
European securities market regulator concludes that cumulative conditions for recognising these third-country CCPs under EMIR have not been met since no cooperation agreements have been established with the relevant Indian market authorities
Eurex Clearing is to offer an incentive programme to support buy-side clients who are starting clearing over-the-counter interest derivatives rates positions in the EU
In collaboration with Sociovestix Labs, the tool was created in line with GLEIF鈥檚 objective to advance the availability of open, accurate and relevant entity identification data globally
The International Securities Lending Association and Linklaters has published a new whitepaper 鈥淭he Future of the Securities Lending Market: On the Cusp of Transformation鈥 which reveals opportunities for the market and pinpoints areas for improvement