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EquiLend’s Trade Optimization service approaching USD one billion per day

Posted 6 March 2012 - 11:58am by Fundamentals magazine

EquiLend’s Trade Optimization service is seeing a significant increase in volumes. In the month of February it has more than doubled its transaction volume with a growth rate of 250%.

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With increased participation in every region and in every asset class, the service can be used for GC, hot, specials and financing trades. In fact, over $35 billion notional has been traded via Trade Optimization since October 2011.

Brian Lamb, CEO at EquiLend, commented, “Trade Optimization 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.”