Content Options

Content Options

View Options

securities financing transaction

    (1) (in COBS, in CASS) an instance of stock lending or stock borrowing or the lending or borrowing of other financial instruments, a repurchase or reverse repurchase transaction, or a buy-sell back or sell-buy back transaction.49

    [Note: article 2(10) of the MiFID Regulation]49

    155(1A) (in COLL and FUND) a transaction defined in article 3(11) of the Securities Financing Transactions Regulation as follows:

      1. 155(a) a repurchase transaction, as defined in article 3(9) of the SFTR;
      1. 155(b) securities or commodities lending and securities or commodities borrowing as defined in article 3(7) of the SFTR;
      1. 155(c) a buy-sell back transaction or sell-buy back transaction as defined in article 3(8) of the SFTR; and
      1. 155(d) a margin lending transaction as defined in article 3(10) of the SFTR.

    (2) (in any other case) any of the following:49

      1. (a) a repurchase transaction; or
      1. (b) a securities or commodities lending or borrowing transaction; or
      1. (c) a margin lending transaction.