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
SIFMA: US debt dominates triparty repo
25 July 2016 | New York
US government securities still account for nearly half of the US triparty repo collateral pool, according to the Securities Industry and Financial Markets Association... Read more

BlackRock enjoys sec lending growth
22 July 2016 | London
BlackRock grew its securities lending revenue to $157 million for Q2 2016, up from $151 million in the same quarter last year... Read more

For more news visit our news section

Upcoming events
IMN European Beneficial Owners Securities Lending Conference
Date: 22-23 September 2016
Location: London, UK
Find out more

10th Annual Collateral Management Forum
Date: 21 October 2016
Location: Amsterdam, the Netherlands
Find out more

For more events visit our event section
Industry recruitment
Product Manager
Recruiter: Pirum
Location: London
Find out more

Business and Client Support Specialist
Recruiter: Pirum
Location: London
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
Dawning of a new era
Feature: Traditional collateral management functions are evolving into a collateral and liquidity trading business, says Bimal Kadikar of Transcend Street Solutions 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

Etienne Ravex :: Murex
Interview: Technology providers need to be more than one-trick ponies to service securities finance participants, as Etienne Ravex of Murex explains 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.



SIFMA: US debt dominates triparty repo
US government securities still account for nearly half of the US triparty repo collateral pool, acco Read more

BlackRock enjoys sec lending growth
BlackRock grew its securities lending revenue to $157 million for Q2 2016, up from $151 million in t Read more

BNY Mellon's Jeannine Lehman to retire
Jeannine Lehman is retiring from BNY Mellon at the end of the summer, the bank has confirmed... Read more

Northern Trust settles and enjoys higher spreads
Northern Trust will have to pay $46.5 million to settle securities lending litigation, while the ban Read more

Securities lending deserves own contract, says Funston
Rising costs and a greater diversity of providers is leading pension funds to request unbundled cont 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