Special Reports » OTHER REPORTS » SECURITIES FINANCING

— Arnesen: none of the industry wants to see a central platform

The securities lending market can be a deciding factor in achieving upper quartile performance, and the asset class has seen exponential growth in recent years. But new opportunities in the emerging markets arena could mean that another explosion is on the horizon. Tim Cooper reports.

— McPherson: choice has delivered greater transparency, which informs lenders of opportunities, risks, rewards and challenges

There are many ways to reach the securities lending market and lenders need to do their homework to make sure they choose the right vehicle, says Blair McPherson of RBC Dexia Investor Services.

— Coxon: auctions in one form or another have been around for years

Rob Coxon, senior vice president and head of international securities lending, ABN Amro Mellon questions the hype over third-party providers and defends the future role of custodian lenders.

— Cohen: securities financing is still frowned upon by other departments due to a lack of understanding

Bas Cohen, global head of the securities financing group at Fortis’ Global Markets, explains how securities financing must shed its uncouth image and work towards being taken seriously.

— Bhatia: sophisticated companies will reduce capital charge through repo

Repurchase agreements in Europe have overtaken the US in recent years, but both markets agree that triparty agents, which act as a gatekeeper to the buyer’s exposure, are not only here to stay but will grow. Elizabeth Cripps reports.

— Stuart Adams,Portware

A combination of best execution through MiFID and a need for a single platform has driven electronic trading up among hedge funds. Tim Cooper looks at the latest offerings and the technology debate.

Jerry Lees, head of Cheuvreux’s Electronic Execution Services speaks to FT Mandate on the future of electronic trading platform software and how it will relate to hedge funds.

— Penney: clients are expanding their offices geographically as they go global

As more investors turn to alternative investments to boost returns, hedge funds become the obvious choice. However, the knock-on effect is that prime brokers see a massive rise in demand. Elizabeth Cripps reports.