Finadium is an independent consultancy for funding, financing and infrastructure in capital markets. We provide expert advice, data and analysis to financial market participants worldwide. * Our content is available in the Finadium Subscription, a bundled package of primary surveys, regulatory and product analyses, shorter articles and interviews, live and online events, and access to our data pages. * We are active consultants in securities lending, repo, collateral, financial resource management, treasury, clearing, liquidity, custody and prime brokerage. * We conduct trainings and events around the world. * We publish News & Opinion, a daily news and commentary site.
External link for Finadium
Finadium reposted this
We are delighted to confirm Finadium as a Media Partner for the ISLA Americas 2nd Annual Securities Finance & Collateral Management Conference in Miami, between 13 - 16 October 2025! For event details, including the agenda & full speaker line up please visit: https://lnkd.in/eVCJZHPB #ISLAAmericasEvents #ISLAMiami2025 #ISLAASFCM
The conversation on Collateral-in-Lieu, a new offering from the Fixed Income Clearing Corporation (FICC) and BNY for repo client clearing, has the potential to ease dealer balance sheet constraints and enable more capacity for the FICC clearing model that most clients want. We review current thinking and the FICC’s filing to the U.S. Securities and Exchange Commission (SEC). More on #finadium: https://lnkd.in/evD7TVcg
Nasdaq is an active player in the digitalization of collateral management, engaged in pilots with the Canton Network and expansion of its Calypso solution to support 24/7 automation across assets that include crypto derivatives, fixed income, OTC and exchange-traded derivatives. We spoke with Sophie Marnhier-Foy, vice president at Nasdaq Financial Technology, to find out more about the exchange’s distributed ledger technology (DLT) initiatives for collateral, the operational aspects firms should consider, and how the space could evolve. Martin Seagroatt More on #finadium: https://lnkd.in/eWUHJJHP
Finadium News & Opinion has created a round-up of weekly, monthly, half-year and annual statistical releases from across repo, securities lending, collateral, cross-product and other securities finance-related markets published throughout September, providing a broad overview of backwards-looking market dynamics. In this round-up, we feature figures from Broadridge, BrokerTec, Cailian, Clearstream, CLS, CME Group, European Central Bank (ECB), ETFGI, Eurex Repo, Euronext MTS Repo, Grayscale, Hazeltree, LCH RepoClear, Liquidnet, Options Clearing Corporation (OCC), S&P Global Market Intelligence, SIX Repo, Swift, Tokenized Asset Coalition (TAC), Tradeweb, and Willis Towers Watson. Anna Reitman More on #finadium: https://lnkd.in/ec7MH-Ju
Repo clearing mandates around the world require actionable responses from dealers, asset managers, pensions and hedge funds. While many firms have hit the pause button on US preparations due to the one year delay, this will be ending shortly. Meanwhile, there may be a parallel UK requirement that launches at the same time, or the industry may voluntarily move to more client clearing for balance sheet capacity reasons. Wherever you are, here are our criteria or evaluation and implementation steps on repo clearing for right now. Kishore Kumar R., Onepoint More on #finadium: https://lnkd.in/edhHXm47
Since launching Canada’s first domestic triparty repo service, TMX Group has seen plenty of momentum with the central bank signing on, TMX Group’s CCP, CCDC, onboarding soon, buy-side players, including pension funds, getting in the pipeline at a steady clip, and RBC spearheading the development of a triparty pledge collateral management solution. We hear from Steve Everett, head of Post-trade Innovations at TMX Group, about how that traction translates to new entrants for repo and securities lending markets. Anna Reitman More on #finadium: https://lnkd.in/eY7GPJW2
Panelists and audience members at Finadium’s Cleared Repo in Europe event last week had ideas for how European repo clearing for clients can become broadly successful. The event hosted over 100 market participants across banks, infrastructure, industry associations and vendors. This was a smart crowd with a discussion aimed at furthering ideas on how repo client clearing could take off in Europe as it has in the US. More on #finadium: https://lnkd.in/ewEtZZzt
Hedge fund leverage in the first part of 2025 rose by $760 billion from the prior quarter, an increase of 14%. This has trickled down through the industry with prime brokerage revenues up sharply across securities lending, margin loans and Total Return Swaps. Securities lending income for beneficial owners was also up, hitting between US$5.2 billion (EquiLend) and $6.6 billion (S&P Global) through H1 2025. A breakdown of the data reveals market dynamics. More on #finadium: https://lnkd.in/e2A8kfFu
In what is sure to elicit a collective groan across the securities financing market, the latest dividend arbitrage scandal hit the news in early August as French tax authorities probe lenders with Paris trading floors over cum-cum transactions. We hear from Peter Szilagyi, professor of Finance at EDHEC Business School, about why these scandals are so persistent and keeping regulators on the backfoot. Anna Reitman More on #finadium: https://lnkd.in/ebxWdB7f
Citi’s annual Securities Services Evolution report details a world where senior management attention in financial services is divided between a wider range of multi-dimensional challenges than ever before. We take a deeper look at some key findings and how they inform strategy for buy- and sell-side firms as well as financial market infrastructures (FMIs). Martin Seagroatt More on #finadium: https://lnkd.in/e4texzrr