Next Generation Trading Reaches Milestones

Equilend and Bondlend’s trading platform Next Generation Trading (NGT), which went live on April 27th, has reached two important milestones.

Securities lending platform NGT has obtained trades from 40 desks, across 18 borrower firms, and 26 desks across 15 lender firms since its launch last month.
Securities traded from GC up to 9500 basis points, therefore marking the second milestone the platform has experienced.

“With NGT, traders around the globe can, for the first time, conduct their entire trading workflow all on one screen, from indications of interest with counterparties through to trade execution,” says Brian Lamb, CEO of EquiLend.