EquiLend's Trade Optimisation keeps on rising 05 March 2011New York Reporter: Ben Wilkie
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EquiLend's Trade Optimisation keeps on rising
EquiLend’s Trade Optimisation service has seen volumes more than double in February.
The firm says participation has increased in every region and in every asset class. The service can be used for GC, hot, specials and financing trades. Over $35 billion notional has been traded via Trade Optimisation since October 2011
Brian Lamb, CEO at EquiLend, commented, “Trade optimisation allows traders to finance their long positions whilst simultaneously covering needed shorts at market clearing prices. These allow for central counterparty clearing via EquiLend messaging.”
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