Securities financing

From The Jolly Contrarian
Jump to navigation Jump to search
The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
Index — Click the ᐅ to expand:
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

A catch-all phrase to catch stock lending and repurchase transactions by which a security holder raises money against an asset without giving up her price risk to that asset. Traditionally this means stock lending )(for equities) and repo (for debt and bonds), though margin lending, prime brokerage and synthetic prime brokerage using equity derivatives have the same basic effect.

See also