EQUILEND ADDS NEW TRADING SERVICE TO PLATFORM - TRADE2O
New York, NY, 04 February 2008 – EquiLend announced today that a new trading service, Trade2O, has been added to the firm’s already robust trading platform. Trade2O automates the negotiation and agreement of trade terms for global Equities and Fixed Income securities, giving traders a rapid and simple way to process trades straight through to their proprietary systems.
Currently, EquiLend’s AutoBorrow trading service is a hub for processing over 18,000 trades daily valuing more than $20 billion USD. Trade2O is gaining momentum internationally, reaching the Japanese market, the United States and major European markets.
For further information, please 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 and EquiLend Europe Limited are subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend LLC is a member of the NASD and SIPC. EquiLend Europe Limited is authorized and regulated by the Financial Services Authority. All services offered by EquiLend are offered through EquiLend LLC and EquiLend Europe Limited. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.
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