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
Eurex Repo sees volume drop-off in April
04 April 2016 | Frankfurt
Eurex Repo, which operates the GC Pooling and Euro Repo markets, suffered a 22 percent drop in its monthly outstanding volume in April... Read more

IBM tackles blockchain's security concerns
04 April 2016 | New York
US technology giant IBM is working with securities borrowing and lending participants such as BNY Mellon to create a “tamper-resistant” blockchain solution for the trade and transfer of assets... Read more

For more news visit our news section

Upcoming events
Collateral Excellence Conference
Date: 16-17 May 2016
Location: New York, NY
Find out more

ICMA Annual General Meeting & Conference 2016
Date: 18 - 20 May
Location: Dublin
Find out more

For more events visit our event section
Industry recruitment
Capital Markets - Project/Programme Manager
Recruiter: Alexander Ash
Location: London
Find out more

Senior Sales
Recruiter: CloudMargin
Location: Europe
Find out more

For more jobs visit our recruitment 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
Strength in numbers
Feature: The SFTR’s technical details still need to be thrashed out, but early reports suggest that the securities lending industry has its work cut out Read more

Asia
Country profile: A difficult end to 2015 has not deterred securities borrowers and lenders in Asia, where certain markets enjoyed significant growth and offered new opportunities Read more

Richard Déroulède :: Societe Generale
Interview: Societe Generale’s Richard Déroulède discusses the collateral shortage, arguing there is no need to get carried away with the idea of a lack of liquidity 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.



Eurex Repo sees volume drop-off in April
Eurex Repo, which operates the GC Pooling and Euro Repo markets, suffered a 22 percent drop in its m Read more

IBM tackles blockchain's security concerns
US technology giant IBM is working with securities borrowing and lending participants such as BNY Me Read more

Saudi Arabia opens door to securities lending
Saudi Arabia’s Capital Markets Authority has approved the introduction of securities lending and c Read more

OCC’s sec lending sees bumper April
Options Clearing Corporation cleared almost double the number of new loans in April than it did in t Read more

European CCPs in ESMA stress test success
European central counterparties are generally well equipped to manage extreme negative developments 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