The ASTEC Consulting Group has made a major upgrade to Lending PitSM, its daily reporting service for institutions that loan and borrow securities.
ASTEC has dedicated new resources in its Zurich operations center to enable Lending PitSM to be updated at the start of the business day in London. Now, securities lenders and borrowers in Europe have access to timely loan pricing and market color, based on loans that were on the books at the close of the previous trading day.