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All latest securities finance news

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Specialist class action law firm renames


10 May 2011 Radnor
Reporter: Steven Lafferty

Not content with litigating securities lending actions on behalf of institutional clients the law firm known as Barroway Topaz Kessler Meltzer & Check, LLP will be changing it's name, effective May 15, it becomes Kessler Topaz Meltzer & Check, LLP...
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Egypt to launch ETFs and short selling


10 May 2011 Cairo
Reporter: Ben Wilkie

The Egyptian Stock Exchange is to launch exchange traded funds and allow short selling in an attempt to boost liquidity in the market at a time of political unrest, said the bourse's chairman Mohamed Abd El Salam...
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Deutsche prime finance head joins DTCC board


10 May 2011 New York
Reporter: Justin Lawson

Jonathan W. Hitchon, co-head of Deutsche Bank’s Global Prime Finance business, has been elected to the Board of Directors of The Depository Trust & Clearing Corporation (DTCC).
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ISE elects new member to board of directors


09 May 2011 New York
Reporter: Steven Lafferty

ISE has elected Stanley Choung to its Board of Directors, effective immediately. Choung, managing director of the Institutional Equity Division for Morgan Stanley, will serve as an industry director representing ISE’s Primary Market Makers (PMMs)..
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Clearstream’s April 2011 figures


09 May 2011 Luxembourg
Reporter: Ben Wilkie

In April 2011, the value of assets under custody held on behalf of customers registered an increase of four per cent to €11.3 trillion (compared to €10.9 trillion in April 2010)...
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Securities lending legend Slater becomes global head


09 May 2011 New York
Reporter: Justin Lawson

BNY Mellon Asset Servicing, has announced that James Slater will become Global Head of Securities Lending following the retirement of Kathy Rulong on July 1, 2011.
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OneChicago unveils OCX.NoDivRisk


04 May 2011 Chicago
Reporter: Justin Lawson

OneChicago, LLC, has renamed one of its security futures products to OCX.NoDivRisk from OCX.NoDiv. The exchange believes the new identifier for the product suite, which removes dividend risk, better reflects its value to investors....
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SEC seeks public comment on short sale disclosure


04 May 2011 Washington D.C.
Reporter: Steven Lafferty

The Securities and Exchange Commission (SEC) has published on its website a request for public comment on the feasibility, benefits, and costs of two short selling disclosure regimes...