Finadium

We wish our clients and friends a happy holiday season. #Finadium is on winter vacation. We will return January 6, 2025.

Term repo fulfills an important function for trading firms in allowing them certainty in financing by volumes and rates, especially over periods of potential volatility like year-end. This year, Eurex is seeing a heightened demand for term repo as well as very positive rates. This compares to the US where market participants have noted a lack of term repo options going into 2025. More on #finadium: https://lnkd.in/gjjjC2AK

The Financial Stability Board (FSB) published its consultation report on leverage in non-bank financial intermediation (NBFI) today. The report makes nine policy recommendations addressed to FSB member authorities and to standard-setting bodies. Martin Seagroatt More on #finadium: https://lnkd.in/eY5KN6Ff

With geopolitical risks shooting up as the top concern for market participants, we report on what we heard from the intersection of the financial and diplomatic communities at the Manama Dialogues in Bahrain hosted by the International Institute for Strategic Studies (IISS). Anna Reitman More on #finadium: https://lnkd.in/eunbFu9u

Eurex Clearing recently announced it’s expanding ESG Compass to cover repo and in the backdrop there are moves to boost securities financing for exchange-traded funds (ETFs) on the platform. We hear from Bernard Tancré, head of Product & Strategy and member of the Executive Board for Clearstream Fund Centre Luxembourg, about some of the ways Deutsche Börse Group services are connecting. Anna Reitman More on #finadium: https://lnkd.in/eT_b-eSV

Finadium is pleased to announce a new partnership with Onepoint, a global leader in business and technology consulting to the capital markets industry. Onepoint will leverage Finadium’s leading market intelligence, data and analysis services in collateral and capital markets, while Finadium now offers expanded capabilities from strategy, to project management, through to implementation across the business, operations and technology value chain. More on #finadium: https://lnkd.in/e7efUSc3

The Cooperation Council for the Arab States of the Gulf (GCC) is attracting a lot of attention amid increasing interest from international investors, with the Kingdom of Saudi Arabia (KSA) at the forefront. We examine the securities lending landscape and hear from Rob Kirby, EMEA head of Sales & Business Development at QuantHouse is now part of Iress, about why KSA data is in high demand. More on #finadium: https://lnkd.in/giRcKKiB

Travis Keltner, Managing Director, Head of Secured Financing, State Street, spoke about the expected costs to clients in the done away model with an additional intermediary at the Rates & Repo in North America Conference, New York City, October 29, 2024. More on #finadium: https://lnkd.in/etXDn3se

Quantum computing is taking the stage at artificial intelligence (AI) conferences for its potential and being flagged for risks by numerous authoritative voices such as the G7, Bank for International Settlements – BIS, Japan’s Financial Services Agency, Japan (JFSA, 金融庁), and UK’s Financial Conduct Authority, among others. We highlight optimistic comments from J.P. Morgan at a recent conference and hear from Jeremy Sosabowski, PhD, founder and CEO of AlgoDynamix, which is using D-Wave’s quantum annealer for operational efficiency, as well as Sergio Gago, managing director of AI and Quantum Computing at Moody's, about what firms need to do now about the quantum cyber threat. Anna Reitman More on #finadium: https://lnkd.in/eWiaRCvv

The electronic repo markets have seen a global surge of interest over the last two years, driven in large part by dealer to client (D2C) trading including Sponsored Repo at the US Fixed Income Clearing Corporation (FICC). US mandatory clearing regulation is just one factor of many moving the markets forward however. In Europe, streamlining workflows and managing post-trade regulatory reporting is a key requirement. In Asia, although adoption is moving more slowly, large clients are seeing the benefit of eliminating manual tasks in favor of focusing on relationship building. More on #finadium: https://lnkd.in/gNxnxx37