18 October 2017
visit www.response.ncr.com

Nomura joins EquiLend

07 May 2003  |  3701 views  |  0 Nomura joins EquiLend

Nomura has become the first Asian headquartered financial institution to join the dealer-backed EquiLend global securities lending platform.

EquiLend - founded by Barclays Global Investors, Bear Stearns, Goldman Sachs, JPMorgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS Warburg - offers its participants daily access to more than $1 trillion in lendable securities. The platform claims to have handled more than $350 billion in stock loans since going live nine months ago.

Dirk Pruis, president and CEO of EquiLend says that forming a connection with Asian market participants has been a top priority from the start.

"Nomura's decision to participate reflects the increasing global interest in our industry's vision for an open electronic platform," he says.

Anthony Venditti, managing director of Nomura's equity finance business, adds: "We strongly support EquiLend's vision of a centralised hub to facilitate lending and create new opportunities to streamline transaction processing."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

EquiLend acquires TechSpan recall system

EquiLend acquires TechSpan recall system

17 March 2003  |  2777 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.innotribe.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15145 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8358 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7864 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7294 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6440 views comments | 8 tweets | 16 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job