Market Insights
The convergence of risk and securities finance
Market best-practice dictates that the senior management of a firm understand the risks being taken, with investors demanding to know that this is the case.
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Turning the corner: Since the SEC’s ban on new short sales of financial stocks expired last week, are short sellers returning to place their bets?
Short selling activity in US financial stocks declined significantly during the two and a half week ban, but new data show that trend might be turning the corner.
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Enhancing profitability with a single integrated solution for securities lending
The securities lending market is expected to continue to grow by 5% in US and 10% in Europe according to the most recent reports.
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Analysis of the effect of the SEC's special order on the securities lending market
In his 1932 book, Short Selling, James Meeker, then the chief economist at the New York Stock Exchange, documented centuries of attempts by governments to restrict the practice of short selling.
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Interview - John Grimaldi
It has been approximately one year since the sub-prime meltdown began and firms (both directly and indirectly impacted) are still dealing with the effects.
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A year of change… but there’s strength in the mountain
Most of the problems have arisen from the cash collateral reinvestment management and credit areas of the business. Securities finance was and still is more the mountain than the avalanche in the industry.
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Interview - Andrew Shinn
Some of the beneficial owners of our agency lending customers have had concerns about the potential negative effects of short selling.
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Loan spreads indicative of unique risks in cash-based lending programs
Lenders in the U.S. have traditionally insisted on receiving cash collateral while European and Asian lenders have preferred to receive non-cash.
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Securities lending volume rebounded and loan spreads have increased
The securities lending industry has never undergone a contraction until now. Therefore, it has been especially tough over the past year as market conditions caused pain for all participants.
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