In the UK, which hosts the world’s largest swaps market, almost all market participants saw a “massive decline” in IRS liquidity due to COVID-19, but most also acknowledged an immediate improvement after central bank intervention
The Options Clearing Corporation has promoted Jennifer Baum from first vice president of regulatory and compliance to senior vice president and chief compliance officer
The average borrow fee for EMEA equities was languishing at a three-year low in March, but the removal of short selling bans, the pandemic and accounting scandals, have sent fees soaring
Chris Benedict, former director and vice president of product development at EquiLend has left the securities finance market to join Reorg, a data provider focused on stressed and distressed debt analysis
