BONDLEND EXPANDS PRESENCE INTO CANADIAN MARKET


BondLend, the fixed income securities finance platform, announced today that trading activity has expanded into the Canadian market. Several clients including, CIBC Mellon, Northern Trust and State Street have incorporated the efficiencies of the platform into their daily businesses by using the low-touch technology solution, AutoBorrow, to automate their corporate and provincial bonds trading.

Alexa Lemstra of BondLend's Canadian office, commented, "We are thrilled that the Canadian market is so eager to adopt the BondLend platform and be at the forefront of technological innovation in this space. We look forward to continuing expansion in the region as well as internationally."

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