Citi completes landmark Taiwan securities lending transaction

Group becomes first lending agent to complete a securities financing transaction in Taiwan.
Citigroup has capitalized on the hot Taiwan securities lending market by announcing that it has become the first lending agent to complete a securities financing transaction in the country. The trade was facilitated by Citigroup's securities services division, a part of its global transaction services GTS business and comes as the Taiwan market increasingly opens up to international securities lending houses - with regulatory changes making it more attractive to investors in the product.

Citigroup, acting as an agent to both sides, handled all the regulatory requirements involved in the transaction, which comprised entirely of Taiwan stocks. According to the bank, this ensured greater efficiency and ease of access for the counterparties involved and allowed...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222