Finance:Triparty required value
From HandWiki
A triparty required value (RQV) is the value of collateral required by a securities lending lender in exchange for the outstanding loans that they have made to their borrower. An RQV will be satisfied through a combination of collateral types, such as equities, government bonds, convertible bonds, cash, or other products. RQV collateral requirements can be very complicated, involving instrument attributes such as how heavily traded they are, their minimum price, specific indexes, redemption dates, and other fields.[1]
Vendors providing RQV services
 | Parts of this finance (those related to section) need to be updated. Please update this finance to reflect recent events or newly available information. (February 2024) Last update: 2015-09-01 |
- BNY Mellon[1]
- Clearstream[2]
- Euroclear[3]
- JPMorgan Chase[1][2][4][5]
- Pirum[1][2][4]
- SIX Swiss Exchange
References
- ↑ 1.0 1.1 1.2 1.3 Lavers, Georgina (2012-05-04). "Pirum automates RQV processing". Securities Finance Times. https://www.securitiesfinancetimes.com/securitieslendingnews/article.php?article_id=218109.
- ↑ 2.0 2.1 2.2 Crichton, Merle (2017-10-11). "Clearstream and Pirum launch triparty collateral solution" (in en). Global Investor (London). ProQuest 1975605176. ISSN 0951-3604. https://www.proquest.com/docview/1975605176. Retrieved 2024-02-09.
- ↑ "Euroclear partners with Pirum on tri-party securities lending". 2016-04-13. https://news.fow.com/articles/3545342/euroclear-partners-with-pirum-on-tri-party-securities-lending.
- ↑ 4.0 4.1 Benie, Diepak (2015-12-04). "Pirum is Automating the Triparty RQV Process" (in en). https://www.linkedin.com/pulse/pirum-automating-triparty-rqv-process-diepak-benie.
- ↑ Nicol, Drew (2020-11-27). "Pirum and J.P. Morgan launch triparty dual matching service" (in en). https://www.securitiesfinancetimes.com/securitieslendingnews/article.php?article_id=224365.
 |  |
