Equilend and Cboe Clear Europe partner on securities lending clearing activity
08 October 2026 US
Image: PRIYA/stock.adobe.com
Equilend has partnered with Cboe Clear Europe to link its trading and post-trade infrastructure with the clearing house’s securities lending service.
The service will enable market participants to access central clearing without the need to develop or maintain direct central counterparty (CCP) connectivity.
Equilend clients will be able to submit transactions for clearing at the point of execution via Next Generation Trading (NGT), or via a post-trade workflow, across European and US equities, fixed income, and exchange traded funds (ETFs), spanning more than 20 global central securities depositories.
Transactions can be submitted independently, at trade agreement or post-trade, through a preferred channel, with Cboe Clear Europe’s matching engine reconciling both sides of the trade.
The connectivity can also fit into the platforms clients already use, including Equilend’s Spire and 1Source.
Cboe Clear Europe introduced a central clearing service for securities financing transactions in 2025, initially covering European equities and ETFs.
Following adoption across the securities lending ecosystem, the service has since expanded to include European and US fixed income products this year, and has this week launched US equities, with additional asset classes planned as part of future rollouts.
Rich Grossi, CEO of Equilend, says: "The securities lending market has been moving toward clearing for some time, and the practical question for most participants has been how to get there without rebuilding their operational stack.
“This agreement with Cboe Clear Europe gives our clients a straightforward answer, clearing access through infrastructure they already have, with the flexibility to manage it at the point of trade or post-execution.”
Jan Treuren, head of product at Cboe Clear Europe, adds: “We’ve seen strong adoption from firms across the securities lending ecosystem for Cboe Clear Europe’s central clearing offering.
“Building on that momentum, we’re keen to drive further adoption through this agreement with Equilend, which will help to bring access to central clearing directly into the workflow where the market already operates.”
The service will enable market participants to access central clearing without the need to develop or maintain direct central counterparty (CCP) connectivity.
Equilend clients will be able to submit transactions for clearing at the point of execution via Next Generation Trading (NGT), or via a post-trade workflow, across European and US equities, fixed income, and exchange traded funds (ETFs), spanning more than 20 global central securities depositories.
Transactions can be submitted independently, at trade agreement or post-trade, through a preferred channel, with Cboe Clear Europe’s matching engine reconciling both sides of the trade.
The connectivity can also fit into the platforms clients already use, including Equilend’s Spire and 1Source.
Cboe Clear Europe introduced a central clearing service for securities financing transactions in 2025, initially covering European equities and ETFs.
Following adoption across the securities lending ecosystem, the service has since expanded to include European and US fixed income products this year, and has this week launched US equities, with additional asset classes planned as part of future rollouts.
Rich Grossi, CEO of Equilend, says: "The securities lending market has been moving toward clearing for some time, and the practical question for most participants has been how to get there without rebuilding their operational stack.
“This agreement with Cboe Clear Europe gives our clients a straightforward answer, clearing access through infrastructure they already have, with the flexibility to manage it at the point of trade or post-execution.”
Jan Treuren, head of product at Cboe Clear Europe, adds: “We’ve seen strong adoption from firms across the securities lending ecosystem for Cboe Clear Europe’s central clearing offering.
“Building on that momentum, we’re keen to drive further adoption through this agreement with Equilend, which will help to bring access to central clearing directly into the workflow where the market already operates.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 91ԭƬ Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 91ԭƬ Times
