News and Notes

Hazeltree and IHS Markit partner on securities finance data

DTCC’s blockchain settlement platform to launch in Q1 2022

Gensler: SEC to focus on repo clearing, making Principal Trading Firms register as dealers

Recommended from JPM Asset Management: Your Fall 2021 syllabus

IHS Markit: global secfinance revenue at $900mn, up 38% in August YoY

Dutch pensions manager MN’s clients now centrally clearing repos at Eurex

Cadwalader: SEC’s Gensler and Peirce contrast on market regulation

Deutsche Bank Executes First Green Repo Financing

ECB sanctions Allied Irish Banks plc and EBS dac for miscalculating capital needs

ISLA recommends Clause Library & Taxonomy for templates, fallbacks and portfolio categorization

Global Securities Lending Associations Form Collaborative Working Group

FICC launches Sponsored GC service, executes first triparty repo trades

State Street to acquire Brown Brothers Harriman Investor Services

Tradeweb’s repo ADV up 28.8% YoY to $316.6bn in August 2021

Clearstream to sell 50% stake in REGIS-TR to venture partner Iberclear/SIX

BrokerTec US repo volume up 18% in August 2021 year over year

EquiLend adds collateral trading product to NGT

Malaysia extends intraday short selling ban to end-2021

OCC seclending CCP loan value up 83.7% in August 2021 YoY

ESMA report warns on increasing risks of market exuberance

ISLA says securities on loan up €300 billion but lendable assets up €4 trillion from Dec 2020 to June 2021

CME Group and IHS Markit Complete Joint Venture and Launch OSTTRA, a New Post-Trade Services Company

DataLend: August 2021 Securities Lending Revenue Up 51% YoY to $796 million

Federal Reserve invites expressions of interest for Standing Repo Facility counterparties

South African Reserve Bank Publishes Triparty Collateral Management Concept Position Paper

ESRB warns of European collateral shortages following corporate bond downgrades

Clearstream achieves full CSDR compliance across its CSDs

State Street connects Collateral+ business to DTCC’s MTU

Bloomberg: Fed’s Ability to Set Rates Floor Is Weakening on Cash Deluge

JPM Securities to pay $300,000 for Reg SHO violations from 2009-2015

ISDA’s chief exec says IM compliance can boost collateral automation

FINRA settles with Ascendiant Capital Markets for Reg SHO violations

Baton Systems’ ICE integration to boost collateral automation for clearing firms

TriOptima’s triResolve Margin connects to tri-party agents via SWIFT

SIFMA, ICI and DTCC highlight seclending and prime brokerage challenges in SEC letter on T+1 settlement

SEC Charges Investment Adviser and Associated Individuals with Causing Reg SHO Violations

Deutsche Bank executes its first ESG-linked repo transaction with Turkey’s Akbank

DTCC planning for Sept/Oct launch of equity finance CCP

US SEC and European Central Bank sign MOU for security-based swap entity oversight

CSLA first China broker on BNY Mellon’s Stock Connect service

Canada’s OSFI ends sovereign debt exclusions from leverage ratio effective end-2021

BIS: Is window dressing by banks systemically important?

ISLA launches animated video on clause library and taxonomy

Canadian Securities Administrators to establish new, single self-regulatory organization

UBS joins Broadridge’s distributed ledger repo platform

WSJ: Cash Is Flooding Into Short-Term Markets Like Never Before. Is That a Bad Sign?

IPE Real Estate: Mass PRIM to include repo and Total Return Swaps for real estate debt financing

ESMA review of CSDs’ use of fintech show AI and cloud ahead while DLT faces hurdles

Risk: prime brokers ask hedge funds for more margin

LCH extends buy-side repo clearing model to Euro debt