Settle Every Trade On Time
Settlement-driven Securities Lending & Borrowing is a popular service offered by the Swiss Stock Exchange.
As principal, the Swiss Stock Exchange’s CSD acts for its own account. This means that we borrow the securities provided by the lender and pass them on immediately to the borrower. The positions agreed for securities lending are transferred to a separate lending account, from which a virtual lending pool is created. Clients with short positions can then borrow the securities they need for settlement from this pool.
This ensures that there is never a shortfall in securities and that your trades settle on time. Every time.
How You Will Benefit
Profit from Lending Fees
Sixty percent of the lending fees are charged to the borrower and passed on to the lender, thus generatinga significant increase in revenue.
Remain the Beneficial Owner
As a lender, you continue to benefit from all rights and all dividend income generated by the securities.
Delivery versus delivery settlement in real time reduces risk significantly.