Hammer Time – Joel Clark plots the rise in popularity of internet-based auction platforms for the securities lending industry and explains the transparency and competition benefits offered by such systems.

Estimates suggest that the global balance of securities on loan far exceeds $3 trillion. Traditionally a manual process between borrowers and lenders, the latest technology allows lenders to put their securities onto a web-based auction platform and invite bids from potential borrowers. The model competes not only with manual processing but also with some existing platforms, which offer users electronic communication and execution to complete the lending process.

The concept of auctioning exc

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: