SBL launches Aquila Network, claims first Peer to Peer securities lending platform

The industry’s first Peer to Peer securities lending platform, Aquila Network, is currently trialing on a closed circuit basis and anticipates starting live operations with its first third-party clients before the end of this year.

Aquilia was launched by SBL, a fintech firm created to provide transaction and information services to the global capital markets industry, established in 2016 by founder-chairman Peter Fenichel, former CEO of Instinet Fixed Income Markets, along with a team capital markets executives.

Aquila Network provides the first marketplace allowing major institutional owners of equities such as pension funds, insurance companies, and sovereign wealth funds, to negotiate and lend directly to hedge funds. Participants will be able to negotiate securities lending transactions and benefit from access to anonymous pricing data providing complete Peer to Peer pricing transparency of the transaction executed across its platform.

Read the release

Related Posts

Previous Post
LSEG’s UnaVista and MTS collaborate on SFTR reporting
Next Post
Recent layoffs in securities finance show the impact of technology (Premium)

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account