The Central Bank of Ireland has approved EquiLend Limited to operate a multilateral trading facility (MTF) in Ireland.
EquiLend’s securities finance trading platform, NGT, will allow European Union based clients to continue trading on the platform without interruption post-Brexit.
The Irish MTF will operate alongside EquiLend’s existing UK MTF, which is regulated by the Financial Conduct Authority.
Brian Lamb, CEO of EquiLend, said: “EquiLend has been active in the European market since we opened our first office in London in 2003.”
“Our approval by the Central Bank of Ireland allows us to continue offering our valued global clients access to EU securities finance markets via our world-class trading platform, NGT.”
Laurence Marshall, CEO of EquiLend Limited, commented: “EquiLend is fully committed to the European market, and we will continue to support our EU-based clients with the launch of the EquiLend Limited MTF in Ireland.”
