EquiLend’S Swaptimization utilizes a proprietary matching algorithm to pair natural positions across market participants to facilitate bilateral security-based Total Return Swaps (TRS) in an efficient, centralized and scalable manner.
As more firms focus more on trading synthetically, EquiLend has sought to leverage existing infrastructure, contacts and expertise in securities finance to produce a technological solution for the global swaps market.
The new product provides position upload functionality, a matching tool and post-trade functionality.