The global securities finance industry has faced a 20 per cent YoY decline in revenue for April 2024, generating US$846 million for lenders, according to DataLend
BMO Capital Markets’ Nicholas Chan and Bank of Canada’s Harri Vikstedt will co-chair the new Collateral Infrastructure and Market Practices Advisory Group
Over the course of the summer, the bank will engage with primary dealers on an operational on-boarding process to ensure their readiness to participate in the programme