EquiLend sign up Daiwa Capital Markets 15 November 2010London Reporter: Justin Lawson
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Daiwa Capital Markets ("Daiwa"), one of Japan’s leading investment banks,
has signed up to use EquiLend services in Japan.
Daiwa is the first local Japanese entity to use the EquiLend platform in
Asia since EquiLend announced it was expanding its presence in the Asian
Securities Lending marketplace by the opening of an office in Hong Kong – Q1
2011. Daiwa is set to begin transacting with EquiLend’s AutoBorrow trading
service.
"We are delighted to be able to support Daiwa with our robust securities
finance platform," states Brian Lamb, CEO, EquiLend. "It underscores the
growth of the industry in Asia and the demand for innovative technology
solutions that EquiLend has to offer."
"We look forward to utilising EquiLend’s market leading services which
will help bring further scale to our growing securities finance business,"
comments Charles Day, London-based Global Head of Equity Finance within
Daiwa’s Derivatives Division.
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