05 June 2017
New York
Reporter: Mark Dugdale
Ferreira steps up to lead US equity finance trading at Nomura
Nomura has promoted Matthew Ferreira to head of US equity finance trading.

Ferreira made the step up from vice president and equity finance trader following the appointment of Tom Rafferty from Citi in March.

The equity trading portion of Nomura in Europe, the Middle East and Africa was stripped back last year, affecting the equity finance team, but the bank has now renewed its interest in the business.

Ben Challice, the former head of global prime services at Nomura, left the bank last year to join Pirum Systems as COO.

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Former ITG sec lending trader banned for ADR misuse
23 June 2017 | Washington DC | Reporter: Drew Nicol
The charges follow ITG’s settlement in January when the broker-dealer agreed to pay more than $24.4 million over allegations of securities lending violations relating to the facilitation of naked short selling
ICMA: NSFR makes EU repo less attractive
23 June 2017 | London | Reporter: Drew Nicol
The association also point to increased automation of highly manual and labour-intensive processes of the market as a way to mitigate rising costs and create efficiencies
Brexit may push out small lenders
22 June 2017 | London | Reporter: Drew Nicol
Smaller beneficial owners are at risk of being pushed out the market by rising regulatory compliance costs, a revenue squeeze and Brexit
UK Money Markets Code to rebuild trust
22 June 2017 | London | Reporter: Drew Nicol
Industry representatives drafted the code in partnership with the Bank of England (BoE) to replace the previous guidance, which has been judged to be outdated
Quantitative easing going nowhere for now
22 June 2017 | Berlin | Reporter: Mark Dugdale
The European Central Bank (ECB) left interest rates unchanged earlier in June and expects them “to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases”
Rule 15c3-3 reform offers equity collateral
22 June 2017 | Berlin | Reporter: Mark Dugdale
Potential reform of SEC Rule 15c3-3 is likely to change the US market, but the likes of the UK will see a realignment in trading rather than an out-and-out replacement
T2S approaches maximum speed
21 June 2017 | Berlin | Reporter: Drew Nicol
The last phase will see central securities depositories (CSDs) in Estonia, Latvia and Lithuania brought onto the platform by the final 18 September deadline