EquiLend: Collateral Trading Service Goes Live
- EquiLend is a global financial technology firm offering trading, post-trade, market data, regulatory and clearing services for the securities finance
- Collateral Trading service has gone live globally, following an intensive and highly successful pre-testing phase
- Clients from the Americas and Europe were active on the service as trading went live with users in Asia set to join in April
- Many of these counterparties involved in the EquiLend Collateral Trading Working Group, which formed in July 2019
- EquiLend Collateral Trading offers funding and also financing desks a centralized way to execute
- EquiLend is already planning further enhancements for an upcoming release