CHAPTER 12Securities Lending & Borrowing and Collateral – Accessing the SL&B Marketplace


Today, a number of methods exist for securities to be lent and borrowed, including:

  • direct lender to borrower contact
  • use of a lending agent, and
  • use of an ICSD’s failed trades management service.

Each of those SL&B methods is described within this chapter in Section 12.1 ‘Routes to Market’.

Furthermore, the management of collateral relating to the above-mentioned methods is described within Section 12.2 ‘Collateral Management’.


12.1.1 Direct Lender to Borrower Contact: Overview

This method involves direct communication between the securities lender and the securities borrower, therefore on a bilateral and OTC basis.

Securities Lender’s Perspective

The first steps in being able ...

Get Collateral Management now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.