Since 7 June, our service for the securities lending industry covers blue chips equity indexes from Belgium, France and the Netherlands complementing our service offering for German and Swiss equities, fixed income securities and ETFs.
The introduction of a new service for voluntary corporate actions allows Lenders and Borrowers to bilaterally arrange for all types of voluntary corporate actions while keeping the loan within the CCP.
Since the introduction of the Lending CCP in November 2012, Eurex Clearing has received strong commitment from a wide range of Borrowers and Lenders. Building on the successful completion of the pilot phase, market participants committing to the Lending CCP include DekaBank, ING Bank, Maple Bank, Natixis, Nomura, Santander Global Banking & Markets and Société Générale.
In 2012 Eurex Clearing was innovating the securities lending industry by offering Europe’s first central clearing service for the securities lending industry, which not only supported the safety and efficiency of the market but also preserved its bilateral-structure.
For more detailed information on the new settlement locations and the new corporate action service please refer to circular 059/13.