Additional Security on loan
For example, Bonus Shares & Spin off's
Effects on SFTR reports:
-All events within this cluster require:
i) A new SFT to be booked, in addition to the existing trade, which is reported under a NEWT template.
ii) Some of these CAs may trigger a resulting value change of the SFT - these will be reported via the daily COLU report. (COAC-128 FOR ISLA REVIEW)
Already a member? Login to your account
Interested in Becoming a Member?
ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.Become a member today