EquiLend Obtains Regulatory Approval 28 September 2009New York Reporter:
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EquiLend has recently announced that they have obtained regulatory approval as an alternative trading system (ATS) in Ontario, Canada. The approval by the Ontario Securities Commission and the Investment Industry Regulatory Organization of Canada allows EquiLend to offer trading services to clients in the province.
"Since opening our office in Toronto, there has been strong interest in our trading suite. Canada is a strategically important market for us and has seen tremendous growth over the past five years. We look forward to delivering our trading services to the Canadian securities lending market" states Brian Lamb, CEO of EquiLend.
"This is long anticipated and exciting news for our clients. EquiLend trading services are the next step towards realizing increased efficiencies, automation and cost benefit to the Canadian securities lending market," says Alexa Lemstra, Vice President, Business Development, EquiLend Canada Inc.
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