Markit Sec Finance Data to Back New Eze Locate Tool

Eze Locate, a stock lending analysis and optimization tool available within Eze Software Investment Suite, will now utilize Markit's securities finance data.

rob-keller-chief-product-officer-eze-software
Rob Keller, Eze Software Group.

By incorporating Markit information, the new tool will provide Eze hedge fund clients a streamlined process and independent source for validating stock lending quotes, providing borrow cost, and availability information for global securities.

The tool can be used by these buy sides for a variety of purposes: to validate or benchmark stock lending fee quotes, verify stock loan rebates, benchmark equity finance quotes from their prime broker against aggregated lending fee data — allowing them to s