The securities lending and the repurchase/reverse repurchase (“repo”) businesses have evolved into major global markets. Securities lending is essential for the shorting of securities, both in the fixed income and equity markets. Repos are a critical funding vehicle for firms to finance its firm positions in all fixed income products. The events of the global financial crisis of 2007-2008 and its aftermath, have highlighted the importance of strong collateral management and transparency in these markets.
ICBCFS offers highly customized financing solutions to support the growing demands being placed on market participants such as pension funds, endowments, asset managers, insurance companies, investment banks, broker-dealers and prime brokers. These solutions take into full account the complex nature of securities lending and repo transactions from an operational, taxation, risk management, reporting, cross-border and valuation standpoint. A key feature of ICBCFS’s securities lending and repo capabilities is that the firm does not engage in proprietary trading.