Tim Keenan has been appointed global product manager of fixed income securities finance trading platform BondLend, effective immediately. He will be based in New York.
EquiLend and BondLend have kicked off the development of a new consolidated and streamlined securities finance trading system covering the full pre-trade to trade execution process.
DataLend, the securities finance market data provider launched in January 2013, has surpassed $10 trillion in total inventory value covering nearly 40,000 unique securities worldwide.
EquiLend, the securities finance trading platform and post-trade service provider, was named Best Trading Platform globally and Best Post-Trade Service Provider in the Americas at the Global Investor/ISF Equity Lending & Synthetic Finance Awards, which took place Thursday, September 19, in London.
BondLend, the fixed income securities finance trading platform, experienced record trading by volume and value across June, July and August 2013.
With the need for timely settlement of collateral, EquiLend’s new Tri-Party Connectivity service helps to expedite the agreement and communication of required value (RQV) figures, while ensuring clients always know the status of their trades.