Triparty required value: Difference between revisions
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A '''triparty required value''' (RQV) is the value of [[collateral (finance)|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 (finance)|collateral]] types, such as [[stock|equities]], [[government bond]]s, [[convertible bond]]s, 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 [[Stock market index|indexes]], [[Maturity (finance)|redemption dates]], and other fields.<ref>{{cite web|url=http://www.securitieslendingtimes.com/securitieslendingnews/article.php?article_id=218109{{dead link}}|title=Pirum automates RQV processing - Securities Lending Times news - securitieslendingtimes.com|work=securitieslendingtimes.com}}</ref> |
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==Vendors providing RQV services== |
==Vendors providing RQV services== |
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* [[The Bank of New York Mellon|BNY Mellon]] |
* [[The Bank of New York Mellon|BNY Mellon]] |
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* [[Clearstream]] |
* [[Clearstream]] |
Revision as of 16:55, 22 August 2023
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
References
- ^ articles with dead external links%5d%5d%5b%5bCategory:Articles with dead external links %5d%5d[%5b%5bWikipedia:Link rot|dead link%5d%5d ] "Pirum automates RQV processing - Securities Lending Times news - securitieslendingtimes.com". securitieslendingtimes.com.
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