Equilend Integrates Cboe Clear Europe's CCP Services for Securities Lending
Equilend has partnered with Cboe Clear Europe to connect its trading and post-trade infrastructure to the latter’s central clearing service. This integration allows Equilend clients access to securities lending clearing without needing direct connectivity to a Central Counterparty (CCP). The solution spans across European and U.S. equities, fixed income, and ETFs for over 20 global CSDs. The agreement supports both pre-trade execution via the NGT platform or post-trade workflows, with reconciliation of trade legs handled by Cboe Clear Europe's matching engine. This integration is designed to fit into existing client platforms like Equilend’s Spire and 1Source without requiring costly technology overhauls. The move aligns with growing demand for central clearing in the securities lending market due to its capital efficiency, operational benefits, and risk mitigation. Cboe Clear Europe launched a pioneering CCP service in 2025 covering European equities and ETFs, which has since expanded into fixed income and U.S. equities this year. The partnership aims to further drive adoption of central clearing by embedding it directly within existing market workflows.
Topics: CCP connectivity central clearing financial infrastructure securities lending