Eurex Launches Securities Lending And Borrowing, Available Volume $195 Billion

Eurex launched a market place for secured securities lending and borrowing, with an available volume of $ 195 billion on the market securities lending of equities and fixed interest bonds. With Eurex SecLend, Eurex is offering an electronic market place

By None

Eurex launched a market place for secured securities lending and borrowing, with an available volume of $ 195 billion on the market/securities lending of equities and fixed-interest bonds.

With Eurex SecLend, Eurex is offering an electronic market place for secured securities lending & borrowing, based on the Eurex Repo markets.

Around 11 banks have placed securities on the market for securities lending via Eurex SecLend, with a volume of $195 billion. Securities from G7 countries, as well as from the key European countries and supra-nationals have been provided to the market for lending. The ratio of fixed-interest equities to bonds is around 2:1.

“The user-friendly and innovative Eurex SecLend System is an excellent distribution channel for Bank Vontobel,” said Fredy R. Flury, head of trading IRD and collateral at Bank Vontobel Investment Banking. “It enables us to manage larger volumes in securities lending, and to better implement our trading strategies. The possibility of limited quotation to my counterparties means I can determine my market exposure and penetration individually.”

«