What’s New

AQS represents a new paradigm for securities lending. The structure of this new market borrows from successful exchange-based efforts that have preceded it in other areas of the capital markets, easing widespread industry adoption. The AQS market for securities lending is differentiated from traditional over-the-counter practices through automated price discovery, improved credit through a central counterparty, automated post-transaction processing, and a stable and secure trading environment. These fundamental changes, while new to the maturing securities lending industry, are well understood and ubiquitous throughout the broader financial markets.

Liquidity, access, credit and transparency are the hallmarks of any developed financial market. Recent events and an evolving regulatory landscape have highlighted concerns about how these principles and post-transaction processing are supported within the current securities lending environment. AQS was designed with an understanding of how a centralized, exchange-based market can positively impact lenders, borrowers and intermediaries.

Quadriserv Introduces the AQS™ Securities Lending Marketplace