Post-trading services provider Clearstream of the Deutsche Börse Group has released its April 2012 global securities financing (GSF) services figures. For GSF services, the monthly average outstanding reached €570.7 billion...
Moody’s are considering industry-wide downgrades, with Morgan Stanley taking a potential $9.6 billion hit. After US financial stocks fell, the bank stated that counterparties may call $7.21 billion in additional collateral...
Trading and post-trade service provider EquiLend will work with BNY Mellon to migrate the communication of Triparty Required Value (RQV) figures from email to an automated process using the company’s triparty automated deal matching (ADM) platform.
Credit ratings agency Moody’s Investor Service has reacted negatively to the Wells Fargo Securities acquisition of Merlin Securities LLC, a prime brokerage and technology provider based in San Francisco and New York...
Sweden-based exchange and clearing company NASDAQ OMX Stockholm (OMX STO) set up three clearing funds to mutualise risk, and revised its collateral management structure so as not to rely too heavily on custodians that are also clearing members...
The training company's new securities lending education programme, which is aimed at professionals who want to develop an understanding of the industry, will be taught online...
Pirum will start phase 1 of its new Triparty Required Value processing service (RQV). This new functionality offers a single solution covering the calculation, agreement, and processing of daily RQVs...
J.P. Morgan has reportedly made two redundancies in its prime brokerage division, while Securities Lending Times has been told that there has been another cut in its equity finance division....
In April 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.9 million contracts, a 0.4 million increase year-on-year...