News and Notes

Reuters: Too big to lend? JPMorgan cash hit Fed limits, roiling U.S. repos

OCC securities lending volumes rose 1% in Sept 2019 year over year

P&I: Natixis Asset Management fined €3 million by AMF for seclending breaches

FT: Hellman & Friedman considers joining battle for stake in Euroclear

NN publishes on the benefits of collateral management for pension clients

BIS: Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities

ISLA Publishes Phase 2 of CSDR: Settlement Discipline Impact to Securities Lending

BofE working paper: Liquidity transformation, collateral assets and counterparties

ICMA says settlement of €STR-based repo poses challenges

ECB publishes the Euro money market study 2018

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ISLA & Linklaters Publish a Joint Paper on Digitalisation & the Securities Lending Market

Finadium Rates & Repo NYC coming November 4: Meet our Speakers

HQLA^X completes demonstration of blockchain securities lending model, plans Nov 2019 launch

SIX about to launch custody-agnostic Collateral Cockpit

LCH goes live with Taskize for client servicing

Fed plans overnight and term repo operations to get through quarter end

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AcadiaSoft and BNY Mellon deliver all-in-one collateral workflow to clients

Fed to offer another $75 billion in repo on Friday Sept 20 2019

Fed sees demand for $83.75 billion in O/N repo on Thursday; accepts $75 billion

SEC Publishes Recordkeeping and Reporting Requirements for Security-Based Swap Dealers, Major Security-Based Swap Participants, and Broker-Dealers

Bloomberg: Deutsche Bank Sells Equity Derivatives to Goldman, Barclays

Insight Investment money fund clears repo trade at LCH RepoClear

AFX hits record volume on AMERIBOR, adds Giancarlo to board

Fed will conduct a third repo injection up to $75 billion on Thursday September 19, 2019

Fed lowers Interest on Excess Reserves to 1.8%

CME Group Announces SOFR Futures Trading Volume and Open Interest Records

Repo in the news this week – summary of articles

BIS releases triennial Central Bank Survey of Foreign Exchange and Over-the-counter (OTC) derivatives markets for 2019

Fed prepares second major injection of liquidity into US repo markets

Federated: Spike in repo rate a technical event

Fed injects up to $75 billion into repo market to maintain the federal funds rate

SEC charges Prudential Financial units with seclending-related tax benefits at the expense of advised funds

Bloomberg Launches Equity Benchmarks

TreasurySpring raises £2m to fuel growth

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ISDA publishes Legal Guidelines for Smart Derivatives Contracts: Collateral

FCA issues one-pager and sets up hotline for Brexit prep

Zero Hash Announces Successful Launch of Settlement for Derivatives

Reserve Bank of India working with regulators to develop fixed income securities lending

ISLA publishes report on LEIs and SFTR

ESMA risk survey shows “deteriorating” outlook for asset managers and “very high” market risk

Eurex Clearing launches incentive program to support Brexit preparations

Market Media: State Street presents on AI in securities lending

QS Holdco asks judge to allow lawsuit to proceed against prime brokers

Federal Reserve Board invites public comment on proposal to establish capital requirements for certain insurance companies supervised by the Board

Bank of England: Securities settlement fails network and buy-in strategies

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OCC settlements on regulatory matters with SEC and CFTC