Seventy-five percent of financial institutions believe collateral management has become, or is at risk of becoming a commodity, said SIX Securities Services...
The Bank of England has released two papers on CCPs, which explain loss-allocation rules, and how to balance the costs of default resources with the expected losses...
03 May 2013Washington DC Reporter: Georgina Lavers
Gary Barnett of the US Commodity Futures Trading Commission (CFTC) has penned a letter in response to requests for relief from market participants to oversight of their prime brokerage arrangements...
The Options Clearing Corporation (OCC's) securities lending CCP activities saw a 53 percent increase in new loans over April 2012 with 121,910 transactions last month...
There will be no let-up in the challenges facing funds, said respondents to a State Street survey. In fact, investment decisions will become more complex...
Weeden Investors has acquired Saxis Group, a full-service prime brokerage business. Under the terms of the agreement, Saxis Group becomes a wholly owned subsidiary of the institutional broker and will continue to be led by its founder and CEO...
BNP Paribas Securities Services is now working with SWIFT to ramp up its collateral protection solutions for corporate, buy-side and sell-side clients...