EQUILEND ANNOUNCED TODAY THAT USERS MAY ALSO LEND ETFS THROUGH ITS TRADE2O SERVICE SUITE.
London, 1st February, 2010 – EquiLend continues to expand its services in the securities lending marketplace by including the ability to borrow and lend ETFs via Trade2O, a service that facilitates the interactive trading of non-GC securities, specials as well as a host of other security types. EquiLend recognizes the active demand and interest for ETFs and is well equipped to keep pace with this growing area.
‘We are excited to include the ability to lend ETFs through the EquiLend Platform, and for our clients to respond to the high demand for ETFs received daily on EquiLend. This continues to emphasize the flexibility of the platform and highlights its instrument agnostic feature’ says Sharon Walker, Managing Director.
For further information, contact:
Michelle Lindenberger
+1 212 901 2224
michelle.lindenberger@equilend.com
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About EquiLend
EquiLend is a leading provider of trading services for the securities finance industry. With its robust suite of automated trading tools, EquiLend enables its clients to scale their businesses with great efficiency on a global basis in all securities finance markets. Used by borrowers and lenders throughout the world, the EquiLend platform automates formerly manual trading and post-trade processes. Using EquiLend's complete end-to-end services reduces the risk of potential errors and eliminates the need to maintain costly point-to-point connections while allowing firms to drive down unit costs. Firms can then free more resources to expand their business and grow trading volumes without increasing costs. This makes the EquiLend platform a cost-effective choice for all institutions, regardless of their size.
www.equilend.com
EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. are subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend LLC is a member of the FINRA and SIPC. EquiLend Europe Limited is authorized and regulated by the Financial Services Authority. EquiLend Canada Inc. is authorized and regulated by IIROC. All services offered by EquiLend are offered through EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.
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