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Securities Lending Times has invited three leading market participants from the lending industry to discuss the benefits of a CCP for the lending business. Andy Krangel, Citi Investor Service, Richard Deroulede, Sociéte Générale Corporate and Investment Banking, and Paul Bradford, ING Commercial Banking, spoke about their rational why to use a lending CCP, gave an outlook on the main regulatory topics for the securities lending market and provided insight on what makes Eurex Clearing’s Lending CCP model a success.
With an increasing focus on capital costs, growth in the CCP cleared segment is expected. "The Lending CCP enables Lenders to maintain balances, or even increase them, with existing counterparts and secondly enable loans to be transacted with counterparts who may not currently generate enough revenue to justify the internal risks and credit reviews. The drivers will also come from borrowers who will reduce exposure and capital costs when transacting with certain lenders via the CCP.", Andy Krangel predicts.
To read the complete article published in the Securities Lending Times ISLA edition, please click on the below link.
With an increasing focus on capital costs, growth in the CCP cleared segment is expected. "The Lending CCP enables Lenders to maintain balances, or even increase them, with existing counterparts and secondly enable loans to be transacted with counterparts who may not currently generate enough revenue to justify the internal risks and credit reviews. The drivers will also come from borrowers who will reduce exposure and capital costs when transacting with certain lenders via the CCP.", Andy Krangel predicts.
To read the complete article published in the Securities Lending Times ISLA edition, please click on the below link.
http://www.eurexclearing.com/clearing-en/about-us/news/968314/rr-securities-lending-times-market-focus-on-the-lending-ccp/
Eurex Clearing’s Lending CCP
Eurex Clearing’s Lending CCP has recently welcomed new Clearing Members and extended its service offering scope by increasing the range of equities in Europe to its eligible loan securities.
Interested in more news from our Lending CCP? From 17 June until 19 June you can also meet us at ISLA’s 23rd Annual Securities Finance and Collateral Management Conference in Berlin.
Interested in more news from our Lending CCP? From 17 June until 19 June you can also meet us at ISLA’s 23rd Annual Securities Finance and Collateral Management Conference in Berlin.
