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Agent lender: Difference between revisions
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{{ | {{a|gmsla|[[File:Triparty Diagram.png|thumb|500px|Like so]]}}An [[agent]] (usually a [[financial institution]] with a significant [[wealth management]] or [[asset management ]] business) who [[Stock Lending|lends]] securities of its principals under [[stock lending]] arrangements. | ||
An [[agent]] (usually a [[financial institution]] with a significant [[wealth management]] or [[asset management ]] business) who [[Stock Lending|lends]] securities of its principals under [[stock lending]] arrangements. | |||
Valuable counterparties to banks who can “[[collateral upgrade|upgrade]]” their portfolio of equity securities by using them as collateral when borrowing high quality assets. | Valuable counterparties to banks who can “[[collateral upgrade|upgrade]]” their portfolio of equity securities by using them as collateral when borrowing high quality assets. | ||
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Goes hand in hand with a [[tri-party collateral arrangement]] | Goes hand in hand with a [[tri-party collateral arrangement]] | ||
{{ | Agent lending is a different thing to [[rehypothecation]] (actually, it is often the exact counterpoint) and one shouldn't confuse the two, especially if one is reading Article {{ucits5prov|22(7)}} of the {{t|UCITS V}} regulation. | ||
{{sa}} | |||
*[[Securities financing]] | |||
*[[Pledge GMSLA]] | *[[Pledge GMSLA]] | ||
*[[Rehypothecation]] | |||
*[[Triparty agent]] | |||