SecFinex is the foremost Internet platform dedicated to the requirements of the securities finance community, providing an efficient and impartial platform for market professionals worldwide to arrange securities finance transactions online.
SecFinex creates value for participants by improving access to securities and financing, creating transparency in the market and streamlining trading and booking.
Historically, firms maintained bilateral agreements and relied on phone, fax and e-mail to do business. Traders spent their valuable time on laborious stock searches and rekeying (and often miskeying) data. Liquidity was dispersed; there was no central marketplace and, therefore, no definitive pricing information.
Now, SecFinex provides a central portal for borrowers and lenders. Lenders and borrowers can test the market, view prices and trade anonymously. Borrowers can search multiple portfolios simultaneously with the click of a mouse. Lenders can auction individual long positions to the highest bidder. Because the entire process is electronic there is no need to key and rekey data, thereby minimising the risk of errors.
See more on:
SecFinex, Equity Finance, Securities Finance, Security Financing, Securities Lending, Stock Borrow, Stock Lend, Stock Lending, Stock Borrowing, Stock Loan, Bond Borrow, Bond Loan, Bond Lending, Repo, Repos, Reverse Repo, Repurchase Agreement, Fee, Re