Trade Optimization is a suite of services that optimizes a pool of needs and inventory across multiple participants via a "best fit" matching algorithm.
Equity for Equity (E4E)
Equity for Equity (E4E) provides an EquiLend's matching algorithm automates the trading process by optimizing the number of possible trades across all participants. Traders can set credit limits to control the maximum notional value filled with eachcounterparty.
As a function of E4E, EquiLend's matching algorithm will allow for one-sided trades to top off balances. Purpose for purpose trades between two counterparties may become imbalanced as returns and recalls are processed throughout the day.
Equity for Cash (E4C)
Equity for Cash (E4C) is an extension of the E4E service. Unlike E4E, this service caters to executing cash trades with rebate rates. Traders can set their rebate rates and decide to borrow and/or lend to various counterparties by setting credit limits.