EquiLend Trade2O Service Suite to Partner With Data Explorers

By Prne, Gaea News Network
Wednesday, June 24, 2009

NEW YORK and LONDON -

EquiLend announced today that its Trade2O Service Suite will offer data provided by Data Explorers, giving an indication of the most lent securities from a universe of more than 15,000 equities globally.

Brian Lamb, CEO of EquiLend says, “We are pleased to be able to provide our trading clients with direct access to unique, proprietary data from Data Explorers. Equilend clients using our Trade2O service will have access to Data Explorers’ data via the Trade2O interface.” The information lists instruments that have the highest number of shares on loan as a percentage of the total number of shares outstanding, also known as the Data Explorers Short Score (DSS).

Lamb continues, “This addition continues to enhance and strengthen the trading services offered to our clients. By giving traders an integrated solution which provides security level market intelligence along with straight through processing, Trade2O continues to evolve for the benefit of the securities finance trading community.”

Donal Smith, CEO, Data Explorers comments, “We are very pleased to initiate this partnership with EquiLend by providing their customers access to the most comprehensive, timely views on the global securities lending market available anywhere. Our offering of more than 3 million daily transactions delivers unrivalled insight to traders.”

About Data Explorers

Data Explorers (www.dataexplorers.com) based in New York and London, is the world’s most complete resource for data, analysis and insight into short-selling and securities financing. Data Explorers’ unique dataset is sourced daily from the securities lending desks of top global lending firms. Data Explorers is the go-to source for financial institutions, enhancing decision making with global short-side intelligence.

Blog: dataexplorers.com/news Twitter: twitter.com/dataexplorers Video: dataexplorers.com/daily-briefing LinkedIn: linkedin.com/companies/data-explorers UK: +44-(0)207-264-7600 | US: +1-212-710-2210 | support@dataexplorers.com www.dataexplorers.com 75 Rockefeller Plaza, New York, NY, 10019, USA 2 Seething Lane, London, EC3N 4AT, UK

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 and EquiLend Europe Limited 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. All services offered by EquiLend are offered through EquiLend LLC and EquiLend Europe Limited. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.

Source: EquiLend

Nancy Prendergast of Tannissan Mae Communications, +44(0)207-243-4440, nancy at tannissanmae.com, For Data Explorers; or Michelle Lindenberger of EquiLend, +1-212-901-2224, michelle.lindenberger at equilend.com

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