EquiLend’s Next Generation Trading (NGT) platform announced the addition of benchmarks and enhanced GC Validations functionality so that clients can exercise more control over their daily trading activities.
Additional benchmarks including ESTR, SOFR, SANOR and many more are now available in support of the EONIA retirement pending for January. Moreover, with new GC validations functionality, borrowers can specify the maximum GC level expected on a trade. EquiLend will validate that no tickets are filled above the level specified by the borrower.