The approval will allow European-based clients to continue trading on the platform without the interruption of the UK’s exit from the EU.
The new system will integrate its trading, post-trade and data services, as well as its flagship Next Generation Trading (NGT), on a single platform.
The year was a record in terms of revenues for beneficial owners, with more securities lending activity shifting to the front-office.
EquiLend has recently hired a number of securities lending veterans as it looks to strengthen relationships with users for its trading, data and post-trade services.
Lynch has more than 30 years of experience in securities lending and was most recently head of trading and short-term investment management at eSecLending.
The partnership is the second with a trade repository for EquiLend and Trax’s joint solution.
DTCC intends to submit an application to become a registered trade repository under SFTR.
Zirpolo held senior securities lending roles at Cantor Fitzgerald and Cowen Group.
Technology veteran with 30-years experience to manage technology integration across business.