Returns & Recalls

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

  • Initiate returns/recalls via the browser, XLS file uploads or messaging

  • Set system to automatically acknowledge the return/recall or have active control

  • Ability to bilaterally agree on customized cut-off times by market

  • 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

  • Ability to return or recall all global equity and fixed income securities

Collateral Trading

EquiLend Collateral Trading offers funding and financing desks a centralized way to execute and manage trade structures with their counterparties. Collateral Trading supports collateral trade negotiation, execution and management of lifecycle events, such as substitutions and transaction rolls.

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.