by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Equilend : EquiLend 10th Anniversary
equilend – 10 yeaRS of innovaTion 12 D ecades: What do you remember about the period during which EquiLend was set up? The lending agents had fun back then, seeing each other at conferences and trying to learn each other’s competitive secrets. We were interested in the technology that the other was using, such as the ability to trade baskets of equities, term lending and dividend arbitrage trading. We were also keen to know who was entering the new lending markets – you had to evaluate risk around things like settlement when you were entering the smaller emerging markets. At the time, we were very interested in bringing transparency to the securities lending market. Initially, we and SocGen were planning to do something with Goldman Sachs and Northern Trust – just the four of us. Other players in the market heard that we were up to something and wanted to join in. There’s no doubt that such a large group created a difficult setting in which to come up with common aims. Many players were fearful of the market becoming Measuring the impact As head of cash management, securities lending and index portfolio management, John Martinez was BGI’s senior representative with EquiLend. Retiring from BGI in 2003, he has become an active director of Larkin Street Youth Services, a not-for-profit in San Francisco EL.indb 12 26/08/2011 09:54