Posts by Josh Galper

A beneficial owner asks: “As smart bucketing usage increases, what options are agents considering to manage the assets of those who will be disadvantaged by that selection criteria?”

The JPM Coin/Broadridge DLR deal: why digital cash is a missing link for repo tokenization

Working to define an “execution platform” in securities finance

ETF Composition and Flow Data: New Applications for the Leveraged and Non-Leveraged Markets

Finadium: User Views of Securities Finance Execution Platforms: A Finadium Survey

What to make of the new OFR rule on bilateral repo data reporting

A FISL idea: more creative thinking about indemnification could benefit all parties in securities lending

Finadium Big Ideas Quarterly Q2 2024 now online

Getting ready for FISL this week: beneficial owner update; tech for seclending; how clients make program decisions

Securities Lending Update for US Beneficial Owners: Staying Prepared for a Changing Market

The CCPs to take seriously for US Treasury and UST repo mandatory clearing

A FISL idea: more beneficial owner seclending decisions by the trading desk, not the Board

Concerns about US Basel III Endgame liquidity reductions and concentration risks are gaining ground

Finadium: Supporting Beneficial Owners in Securities Finance for 2024-2027

Buy-side firms, triparty and a new look at generating alpha

Buy-side reading packet for the Finadium Investors in Securities Lending conference, May 8-9, NYC

We have bought in to the AI transformation story in capital markets

FICC wants to clean up its FCM and done away repo clearing model, but will it connect with the market?

Rates & Repo Europe 2024 panel replays are now live

Calming down the expectation of a US repo funding crisis in Q2 2024

ISDA asks regulators to permanently exempt US Treasuries from the Supplementary Leverage Ratio – is it time?

Finadium: Predicting US Equity Stock Price Movements Using Swaps Data and AI

Pointed questions are growing about the impact of T+1 on collateral and funding markets

Why borrowers should post margin for lenders on the NSCC SFT CCP

More on whether UST basis traders will really support the US Treasury market in 2024

Fed Quantitative Tightening means lower SOMA balances, which means opportunity for Treasury lenders

Are those Russian assets in your collateral basket?

Takeaways from our Synthetic Prime Brokerage webinar last week (and replay now live)

ISLA is expanding to the US with short-term opportunities to improve the market

Finadium: How Far Can the Marginal Buyer Take US Treasury Repo in 2024?

Agent lenders are setting up swaps desks – how will this work?

US Treasury Repo at Year End 2023: High Level Stability with Pockets of Volatility

Nvidia swaps traders are timing the market to good effect

Finadium Big Ideas Quarterly Q1 2024 now online

Connecting the SEC’s new UST dealer and mandatory clearing rules

Eurex’s MSCI Total Return Futures continue global product growth trends

Clearstream GFF: a new openness to central clearing from both dealers and clients

The Raymond James/Velocity deal is more interesting than you might think

EquiLend sale opens up a new era for product innovation in securities finance

Finadium: Sizing the Collateral Management Services and Technology Market

A primer on SFT minimum haircut rules in upcoming Basel III changes

What European beneficial owners and agent lenders say about Basel III Endgame planning

New US repo clearing rules suggest capacity constraints for money market funds

UST repo clearing mandate a looming issue for firms locked out of FICC membership

Video highlight: Sunthay’s Shiv Rao on how guaranteed repo thrives after a mandatory US Treasury repo clearing mandate, Rates & Repo North America 2023

Video highlight: GLMX’s Sal Giglio on done-away in sponsored repo and market liquidity, Rates & Repo North America 2023

Big bank CEO testimony to US Congress on Basel III made for good TV, but did it matter?

SEC posts UST clearing as agenda item for meeting on December 13, 2023

Video highlight: BNYM’s Dennis Cahill on how costs will be shared with new Basel III rules, Rates & Repo North America 2023

Finadium: European Securities Finance Planning for Basel III Endgames