Facebook logo
Facebook logo
Facebook logo
Facebook logo

Latest Headlines

Securities Lending Times home | Eurex launch central clearing service for securities lending ← You are here

[close]
Latest News
EU and China’s central bank extend swaps deal
27 September 2016 | Brussels
The European Central Bank and the People’s Bank of China have extended their bilateral currency swap arrangement for another three years... Read more

CCB and SIX secure renminbi repo deal
27 September 2016 | Zurich
China’s second largest commercial bank, China Construction Bank, and SIX Securities Services have expanded their partnership to include repo trading through SIX Repo... Read more

For more news visit our news section

Upcoming events
33rd Annual RMA Conference on Securities Lending
Date: 10-13 October 2016
Location: Boca Raton, Florida
Find out more

ISLA's 7th Annual Post Trade Conference
Date: 06 October 2016
Location: The Great Hall, 60 Victoria Embankment, EC4Y 0JP, London
Find out more

For more events visit our event section
Securities Lending Times
View the latest issues online now

Sister publications
Asset Servicing Times
www.assetservicingtimes.com

Captive Insurance Times
www.captiveinsurancetimes.com

Real Estate Investment Times
www.realestateinvestmenttimes.com

Media pack [download]
Ad specs [download]
Latest features
Spotlight on Saudi Arabia
Feature: Sunil Daswani speaks to members of Northern Trust’s global securities lending team to discuss the emerging Saudi Arabian market and the opportunities, and uncertainties, it could bring Read more

South Africa
Country profile: South Africa’s securities lending industry is on the verge of embracing a modern T+3 settlement cycle that could boost the country’s market Read more

Jerry Friedhoff, Broadridge :: Alastair Chisholm, 4sight
Interview: Jerry Friedhoff of Broadridge and Alastair Chisholm of 4sight explain Broadridge’s June 2016 acquisition of 4sight, and what it means for their clients Read more

For more features visit our features section
Latest news
More news
IPPro default image
Eurex launch central clearing service for securities lending
27 June 2011 | Frankfurt | Reporter: Justin Lawson
Eurex Clearing, will launch a central counterparty (CCP) service for the securities lending market based on Eurex Clearing’s proven systems and industry leading risk management standards. The new service will cover European markets for loans in equities, ETFs and fixed income securities. The phased roll-out will commence in November 2011, the full scope will be available in the course of 2012.

The new CCP service for securities lending has been designed in close cooperation with key market participants. A core element of the concept is a specific member license for lending participants that enables beneficial owners to participate as clearing members of Eurex Clearing without any margin obligation whereas agent lenders can maintain their current role.

“Our innovative offering preserves the key features of the OTC market for both lending and borrowing counterparties whilst being able to deliver significant capital and operational benefits to all participants”, said Thomas Book, member of the Eurex Executive Board and responsible for clearing. “Eurex Clearing is the first clearing house to incorporate the special structure of the securities lending market into a CCP model allowing cash and non-cash collateral as well as providing automated trade flow and loan lifecycle management”.

Eurex Clearing’s new CCP service for securities lending will provide significant improvements to the current market structure. The clearing house as single counterparty to all trades will reduce counterparty risk exposure and eliminate the need for multiple credit evaluations. Thus, users can achieve a significant reduction in capital allocation associated with bilateral transactions.



EU and China’s central bank extend swaps deal
The European Central Bank and the People’s Bank of China have extended their bilateral currency sw Read more

CCB and SIX secure renminbi repo deal
China’s second largest commercial bank, China Construction Bank, and SIX Securities Services have Read more

R3 members trial Intel’s distributed ledger prototype
Financial innovation company R3 and eight of its largest consortium member banks including HSBC, Soc Read more

SGSS secures T2S mandate for Hungary
Societe Generale Securities Services has won a mandate to connect the Hungarian central securities d Read more

ICAP and MTS add Spanish repo index
ICAP’s global fixed income trading platform BrokerTec has partnered with MTS, a European fixed inc Read more

Securities Lending Times site map
Home
Home

Sitemap

Issue archive
Back issues online
Recruitment
Recruitment

Events and Training
Upcoming events

Upcoming training

Company info
About us

Contact us


Copyright (C) 2016 Black Knight Media Ltd. All rights reserved. No reproduction without prior authorization
[close]
Never miss an issue again
Subscribe to Securities Lending Times - Get it delivered straight to your inbox
We need to know you are not a ROBOT. Please type HUMAN in the box below and continue to fill in the rest of the form