BNY Mellon Now Live With Cleared Securities Lending for Clients
June 18, 2019
June 18, 2019
NEW YORK, June 18 -- BNY Mellon, a banking and financial services holding company, issued the following news release:
BNY Mellon has become the first agent lender to centrally clear a securities lending transaction on behalf of a buy-side client through Eurex Clearing's Lending CCP platform.
The trade, which was executed by BNY Mellon on behalf of an insurance company client, originally faced Morgan Stanley as counterparty, and ultimately cleared with Eurex Clearing, a . . .
BNY Mellon has become the first agent lender to centrally clear a securities lending transaction on behalf of a buy-side client through Eurex Clearing's Lending CCP platform.
The trade, which was executed by BNY Mellon on behalf of an insurance company client, originally faced Morgan Stanley as counterparty, and ultimately cleared with Eurex Clearing, a . . .