EquiLend Acts as a Vehicle for Central Counterparty Transactions

By Equilend, PRNE
Monday, January 17, 2011

NEW YORK, January 18, 2011 - EquiLend announced today that their clients have utilized the EquiLend
platform to execute equity trade transactions which were centrally cleared
via the OCC (Options Clearing Corporation).

These landmark transactions illustrate that EquiLend's automated
securities finance platform can be used as a vehicle to facilitate central
counterparty (CCP) transactions. Executing trades over the trading platform,
EquiLend's broker clients centrally cleared the transaction via the OCC who
bares the credit risk for the transaction.

Brian Lamb, CEO of EquiLend stated, "These trades illustrate that
EquiLend has the mechanism in place to facilitate central counterparty
transactions for the securities finance industry. The CCP model has been
discussed extensively for years and we are delighted to respond to our
clients' desire to move forward in this space using EquiLend's key platform
drivers: liquidity, efficiency and risk mitigation. The success of any CCP is
measured in its liquidity. All of EquiLend's trading services, whether it is
AutoBorrow, Trade2O or Equity for Equity can help deliver that liquidity,
making it the benchmark for all securities finance trading."

About EquiLend

EquiLend is a leading provider of trading services for the securities
finance industry. With its robust suite of automated trading tools, EquiLend
enables its clients to scale their businesses with great efficiency on a
global basis in all securities finance markets. Used by borrowers and lenders
throughout the world, the EquiLend platform automates formerly manual trading
and post-trade processes. Using EquiLend's complete end-to-end services
reduces the risk of potential errors and eliminates the need to maintain
costly point-to-point connections while allowing firms to drive down unit
costs. Firms can then free more resources to expand their business and grow
trading volumes without increasing costs. This makes the EquiLend platform a
cost-effective choice for all institutions, regardless of their size.

www.equilend.com

EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada Inc. are
subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend
LLC is a member of the FINRA and SIPC. EquiLend Europe Limited is authorized
and regulated by the Financial Services Authority. EquiLend Canada Inc. is
authorized and regulated by IIROC. All services offered by EquiLend are
offered through EquiLend LLC, EquiLend Europe Limited, and EquiLend Canada
Inc. EquiLend and the EquiLend mark are protected in the United States and in
countries throughout the world.

Claire McKinlay, +1-212-901-2276, claire.mckinlay at equilend.com

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