BNY Mellon transacts $500m over EquiLend's Trade2O Service
23 November 2010 New York
Image: Shutterstock
EquiLend announced today that BNY Mellon utilized their service, Trade2O, for over $500 million in trades last week of international equities.
Trade2O provides a simple and fast way for traders to negotiate and agree trade terms for all types of securities.
Rob Coxon, Head of International Securities Lending at BNY Mellon Asset Servicing, said: “Trade2O has proved an exceptionally beneficial tool, allowing us to benefit from the very efficient and streamlined execution of trades across all asset classes. As long-term supporters of EquiLend, BNY Mellon is pleased to see it continuing to set the pace in respect of innovative trading services.”
"We are pleased to see the momentum building with Trade2O," says Laurence Marshall, Managing Director of EquiLend Europe. "It is exciting to watch the continued growth in volumes over Trade2O and indeed the full suite of trading services across the EquiLend platform.”
Trade2O provides a simple and fast way for traders to negotiate and agree trade terms for all types of securities.
Rob Coxon, Head of International Securities Lending at BNY Mellon Asset Servicing, said: “Trade2O has proved an exceptionally beneficial tool, allowing us to benefit from the very efficient and streamlined execution of trades across all asset classes. As long-term supporters of EquiLend, BNY Mellon is pleased to see it continuing to set the pace in respect of innovative trading services.”
"We are pleased to see the momentum building with Trade2O," says Laurence Marshall, Managing Director of EquiLend Europe. "It is exciting to watch the continued growth in volumes over Trade2O and indeed the full suite of trading services across the EquiLend platform.”
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