The EquiLend Recalls service allows lenders to issue a recall to borrowers for US and non-US securities. The entire process is automated, making recall management simple. When used with either AutoBorrow or Contract Comparison, lenders can recall specific US and non-US contracts using the unique EquiLend ID. This reduces the chance of a lender recalling the incorrect contract.
Using the EquiLend Platform's direct link to the DTCC ARMS hub, any EquiLend client can recall US securities from non-EquiLend counterparties with whom they have transacted (US only).