Analysis and Interviews

Not always exciting but very important, the digitization of documentation in securities finance picks up steam

What secfinance should learn from the FTX collapse

Mandatory clearing of UST repo is a fine idea but expect a hit to market liquidity

What transparency on leverage is needed after Archegos and LDI-driven Gilt volatility?

SFM Interview: Murex’s Farhat on collateral and tech adaptations in secfinance

Finadium Survey: Asset Managers on Securities Lending 2022

Impacts of the SEC’s N-PX rule on reporting securities loans over proxy vote dates

As part of Singapore’s Project Orchid, DBS has launched a bank stablecoin pilot

Rates & Repo 2022 recap: pressing topics include repricing liquidity, triparty for the buy-side and new settlement models

China’s selling of US Treasuries: dumping vs. FX volatility management

SFM special report: regional repo elevated amid deglobalization trends

Finadium Big Ideas Quarterly Q4 2022 now online

SFM Interview: Stanford’s Duffie on US treasury markets clearing reforms

Big tech’s entry into capital markets will start with risk management

GLMX: building technology to access global money markets

Rates & Repo Preview: repo economics and settlement venues

Gilt lessons: CCPs and market confidence in secured financing markets

An argument for expanding access to the Fed’s Standing Repo Facility, and a rebuttal

Rates & Repo Preview: developing the triparty business model

TRS data for the Vanguard Value Fund (VTV) show expectations for more market declines this quarter

SFM Interview: John Kiff on CBDC progress and why synthetic is better

Finadium: Bank Stablecoins vs. Central Bank Digital Currencies for Capital Markets

Market participants are asking Eurex to restart the Lending CCP

Key takeaways from RMA’s 2022 securities lending conference

Rates & Repo Preview: where is repo liquidity today and where is it going?

SFM Interview: Pirum’s Morgan on automation RoI and blockchain FOMO

Who is really the biggest prime broker?

Federal Reserve eyes balance sheet flexibility for banks – is a return to the UST exemption on the table?

Interview: T. Rowe Price’s Khokhar on systemic change for buy-side collateral optimization

OPTIC: T+1 is the antidote to mandatory buy-ins and should be part of CSDR Refit

Beneficial owners say that agent lender ESG tools are delivering real value

Getting ready for Rates & Repo on November 2-3, 2022

SFM Interview: Acadia’s Chris Walsh on hedge funds, custodians and collateral after UMR6 go-live

Gilt collateral is operationally intense but orderly this week, say market participants

GFF Summit: tech investments paying off to handle vol and penalties, DLT inches forward

How Apple’s changes to privacy have impacted capital markets advertising on Facebook and Instagram

Videos: hear from market leaders at EquiLend, FIS and Transcend on Data and Digitization

RRP use tears upwards – what will break the trend?

In Europe, capping agency lending fees at 10% would be the wrong choice

Finadium: OTC equity derivatives database; client webinar on using Finadium databases

SFM Interview: ION’s Tyndale-Biscoe on repo liquidity and the rise to the cloud

GFF Summit: European traders think 10-11% repo rates could return at year-end

Finadium: Equity Prime Brokerage Revenues from Synthetic and Physical Financing

The SEC’s UST repo clearing proposal suggests winners and losers

What we learned at our Data and Digitization in SecFinance event last week

Revenues and Policy Choices for US Mutual Funds in Securities Lending

SFM Interview: SIX’s Demir on servicing UMR’s last phase in the Swiss market

Inside the HQLA^X agency seclending transaction – small steps, big implications

SFM Interview: Federated Hermes’ Lusk on money market priorities in a new regime

Since July 2022, DLR Total Return Swap positions look to be in the money by 50%-80%