EquiLend Acts As CCP Transactions Vehicle

EquiLend clients have used the EquiLend platform to execute equity trade transactions that were centrally cleared through the Options Clearing Corporation.

EquiLend clients have used the EquiLend platform to execute equity trade transactions that were centrally cleared through the Options Clearing Corporation (OCC). EquiLend’s automated securities finance platform can be utilized as a vehicle to assist in central counterparty transactions. Executing trades over the trading platform, EquiLend’s broker clients centrally cleared the transaction via the OCC, which will take on the credit risk for the transaction. The EquiLend platform automates formerly manual trading and post-trade processes.

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