Returns & Recalls
The EquiLend Returns & Recalls services provide an efficient, automated way for borrowers and lenders to send return or recall notifications.
How Returns and Recalls Works
A counterparty initiates a return/recall for a specific contract using a unique EquiLend ID, or may issue a more general return/recall for one or more securities
The recipient may acknowledge the receipt of a return/recall via the EquiLend screen or through messages integrated into their prop system
EquiLend provides reporting and tracking capabilities to monitor return/recall status online
Features
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Initiate returns/recalls via the browser, XLS file uploads or messaging
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Set system to automatically acknowledge the return/recall or have active control
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Ability to bilaterally agree on customized cut-off times by market
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Through a direct link to the DTCC ARMS hub, EquiLend clients can recall U.S. securities from non-EquiLend clients with whom they have transacted
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Ability to return or recall all global equity and fixed income securities
Collateral Trading
WHO WE ARE
EquiLend is a global financial technology firm offering trading, post-trade, market data, regulatory and clearing services for the securities finance, collateral and swaps industries. EquiLend has offices in New York, Toronto, London, Dublin, Hong Kong and Tokyo.