This is the second live stream on securities lending collateral, part of the Fundamentals of Securities Lending series. This week it's part two of two parts on Securities Lending Collateral. In this video, Roy Zimmerhansl will take viewers through the collateral types, constraints and nuances of securities lending collateral. Register and download the Fundamentals Series slides at https://bit.ly/SLFundamentals Timestamps: 00:00 Opening 04:30 Why Multiple Collateral Sessions 06:21 Questions about Securities Lending 06:51 Collateral Grid 14:52 Collateral Constraints 23:56 What happens to Collateral (Cash Collateral) 33:36 What happens to Collateral (Securities Collateral) 37:11 Some stats (courtesy of JP Morgan Tri-party) 39:28 Want to Learn more? 40:22 Summary 42:07 Closing comments If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint We will take live questions about the sessions, but if the question is unrelated to that week's lesson, viewers can email questions to roy@pierpoint.info and we will reply directly and separately. If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: https://www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc

Every Saturday at 1 PM UK time, I do a 30-minute live stream where I will talk about relevant and timely issues and viewers will be able to ask me questions related to securities lending. I'll do my best to answer them and if I can't, I'll use my extensive network of expert contacts to get an answer to the viewer. NOTE: after this episode, viewers asked for something more focused on the basics of the business. So from 15 May for 8 weeks, I am doing a "Fundamentals of Securities Lending" series. Check for the playlist and join us every Saturday at 1 pm BST. Timeline: Introduction 0:00 A big business 1:15 Short selling 7:28 Fidelity securities lending news 12:49 Sweating your assets - need for collateral 15:28 Education 22:20 This is the first Ask Me Anything on Securities Lending session, Livestreamed on YouTube. If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc Powered by Restream https://restream.io/

This week it's part one of two parts on Securities Lending Collateral. In this video, Roy Zimmerhansl will take viewers through the purpose and benefits of collateral, the two models that are used in markets and how the type of collateral impacts fees. Register and download the Fundamentals Series slides at https://bit.ly/SLFundamentals Timestamps: 00:00 Opening 04:03 Pathway to Understanding 05:01 Why Two Collateral Sessions? 08:30 Questions about Securities Lending 9:31 Collateralisation Benefits 17:07 Two Models 22:53 Collateral Grid 27:34 Some stats 33:02 Want to learn more? 33:50 Cash Collateral Flow 38:57 Non-Cash Collateral Flow 42:33 Collateral Considerations 45:22 Wait there's more! 46:16 Summary 48:59 Closing Comments If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint We will take live questions about the sessions, but if the question is unrelated to that week's lesson, viewers can email questions to roy@pierpoint.info and we will reply directly and separately. If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc

Since January 2021 Pierpoint has been operating a Membership site for people in securities lending, repo, collateral management and prime brokerage. Membership is closing on 13 June 2021 for an indeterminate period. This video answers the most commonly asked questions from would-be members. Timestamps: 00:00 Opening 00:19 About Pierpoint Alpha Community 08:31 Who is it for? 11:03 Rising market chart 13:53 How to address the gap 15:59 What do you get when you join PAC 21:44 What is a corporate membership 22:22 Membership cost 28:34 Closing comment Find out more at https://www.pierpoint.info/join-pac-now

This week it's Securities Lending Trading, Execution and Pricing. In this video, Roy Zimmerhansl will take viewers through the drivers behind borrowing demand, how securities lending trades are executed and the different pricing factors and utilisation strategies. Register and download the Fundamentals Series slides at https://bit.ly/SLFundamentals Timeline Introduction 0:00 Agenda for this video 3:05 Borrowing Demand Drivers 5:16 Collateral Transformation 15:26 Reminder - this is what the channel is about 25:07 How Securities Lending trades get executed 25:32 Intrinsic Value Lending 31:10 Absolute Return Lending 36:24 Learn More 40:34 Factors influencing pricing 42:26 Summary and Wrap up 51:40 Based on user requests there is so much information you want us to answer, we will be doing these Fundamental sessions every Saturday until we run out of topics. If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint We will take live questions about the sessions, but if the question is unrelated to that week's lesson, viewers can email questions to roy@pierpoint.info and we will reply directly and separately. If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc

This week it's Players, Stakeholders and Structure in securities lending. In this video, Roy Zimmerhansl will take viewers through the direct market participants and support infrastructure providers Register and download the Fundamentals Series slides at https://bit.ly/SLFundamentals In response to viewer requests, for the NINE Saturdays starting on 15 May we will be doing 30 minute live segments on the Fundamentals of Securities Lending. Over the 9 weeks, viewers will get a strong grounding in the business. If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint Timeline Introduction 0:00 Agenda for Fundamentals series 6:05 The Players 6:42 Transactional Participants 15:37 The Lenders 21:21 The Lending Agents 24:51 Borrowing Intermediaries 26:46 End Borrowers 28:05 Infrastructure 31:17 Learn More 37:40 Summary 38:55 We will take live questions about the sessions, but if the question is unrelated to that week's lesson, viewers can email questions to roy@pierpoint.info and we will reply directly and separately. Every Saturday at 1 PM UK time, I do a 30-minute live stream where I will talk about relevant and timely issues and viewers will be able to ask me questions related to securities lending. I'll do my best to answer them and if I can't, I'll use my extensive network of expert contacts to get an answer to the viewer. If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc Powered by Restream https://restream.io/

I've been doing securities lending full time since the early 1990s and have worked for many different firms in various roles - I've been a borrower, a lender, a fintech, a consultant, an expert witness, editor of trade magazines, and set up a trading platform. I also own a training company and have been teaching people about securities lending for over 20 years. This channel is all about securities lending and related areas - repo, collateral management and prime brokerage. Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at https://www.pierpoint.info/blog Listen to our Podcast at https://www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint

In this video, Roy Zimmerhansl will take viewers through the practical and legal characteristics of securities lending and provide the key statistics. (PS Apologies to Cambodians and Vietnamese everywhere. Believe it or not, I do know where Phnom Penh is!) Timeline Introduction 0:00 8 Week agenda 6:45 Part Two Begins 7:19 Where Securities Lending happens 19:25 Statistics and Market Data 22:52 Summary 38:08 Register and download the Fundamentals Series slides at https://bit.ly/SLFundamentals In response to viewer requests, for the eight Saturdays starting on 15 May we will be doing 30 minute live segments on the Fundamentals of Securities Lending. Over the 8 weeks, viewers will get a strong grounding in the business. If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint We will take live questions about the sessions, but if the question is unrelated to that week's lesson, viewers can email questions to roy@pierpoint.info and we will reply directly and separately. Every Saturday at 1 PM UK time, I do a 30-minute live stream where I will talk about relevant and timely issues and viewers will be able to ask me questions related to securities lending. I'll do my best to answer them and if I can't, I'll use my extensive network of expert contacts to get an answer to the viewer. If you want to send questions ahead of time for me to answer, send them to me at roy@pierpoint.info Find our FREE PRIMERS and other courses at: www.pierpoint.info/courses Read our Blog at www.pierpoint.info/blog Listen to our Podcast at www.pierpoint.info/podcast Follow us on: LinkedIn https://www.linkedin.com/company/pierpoint-financial-consulting-ltd Twitter: @pierpointfc Instagram: @pierpoint_fc Powered by Restream https://restream.io/