News and Notes

OCC seclending CCP loan value up 74.5% in September 2021 YoY

DataLend: Securities Lending Revenue Increased 33% YoY in Q3 2021

ION on three goals for repo IT: differentiate, commoditize, and harmonize

Deutsche Börse’s DB1 Ventures leads the Series B funding round in WeMatch

SEC settles charges with Tradition for RegSHO violations

ESMA Q&A updates on SFTR data reporting

ENSafrica: Uganda inches closer to enforceable netting

Basel III monitoring results based on end-December 2020 data

BNY Mellon’s LiquidityDirect Further Expands Suite of Short-End Investment Options, Introduces ESG Analytics

Clarus FT: SACCR Multipliers, Initial Margin and KCCP

ESMA MiFID review shows circuit breakers preferred over short selling bans

ICMA publishes overview of the European commercial paper market and recommendations for future market development

Fed blog: What Quantity of Reserves Is Sufficient?

ICMA report: The first year of SFTR public data on repo

ESMA recommends to European Commission to delay CSDR buy-in rules

ESMA publishes Guidelines on Settlement Fails Reporting under Article 7 of CSDR – Final Report

ESMA consults on the review of the Short Selling Regulation

IHS Markit and Broadridge partner on securities finance data delivery

BoE’s seclending committee notes “significant recent progress” of tokenized collateral

Wematch and Pirum extend CSDR partnership

Fed doubles Reverse Repo Facility counterparty limits to $160 billion

ICMA: market sees opportunities in green repo collateral but greenwashing concerns are widespread

New ISLA standards get legal docs up to speed as tech advances in markets

Deloitte: Compatibility of securities lending and responsible investment strategies

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