EquiLend enters data business 20 June 2012New York Reporter: Mark Dugdale
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Securities finance trading and post-trade services provider EquiLend is introducing a new market data provider for the global securities finance market.
EquiLend said that the data provider, which has almost completed its beta testing phase, will be called DataLend.
The DataLend service will go live later in 2012.
Brian Lamb, the CEO of EquiLend, said: "We are thrilled to bring DataLend to the securities finance market and thus far it has been received with much enthusiasm by its users. We expect DataLend to be embraced by the market as it tailors its high quality data and customises it to our clients’ needs."
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