Securities Finance
Securities Borrowing & Lending
Monetise idle inventory and power short selling with an SBL engine that handles principal and agency models, real-time availability, daily rate-setting, collateral, and automated interest — all inside the same OMS your desk already trades on.
Who it's for
- Brokers running an SBL desk
- Lending agents & inventory managers
- Banks with lendable client assets
- Hedge funds & short sellers
What it solves
- Idle inventory earning nothing
- Manual loan booking and rate-keeping
- Double-lending and inventory mismatches
- Short sales with no controlled borrow path
Key Capabilities
An institutional securities-lending engine
Principal & Agency Models
Borrow client holdings into a central inventory pool and re-lend as principal, or match approved lenders and borrowers peer-to-peer as agent.
Real-Time Inventory
Available lendable quantity is reserved instantly at order placement — no double-lending — and reconciled against external inventory systems.
Lending Rate Engine
A single daily lending rate per ISIN, fixed at end of prior day, with a configurable spread that captures your revenue on every loan.
Collateral & Coverage
Cash and securities collateral with daily mark-to-market and haircuts; live coverage ratios and extra-collateral calculations with call thresholds.
Automated Interest Accrual
Daily accrual posts borrower interest, lender receivable, and broker spread to the general ledger — with effective-dated, auditable corrections.
Short-Sale Coverage
Short orders trigger eligibility, availability, and leverage checks, then create the borrow on end-of-day net short — closed automatically on buy-to-cover.
How It Works
Principal & Agency
- Principal: borrow from clients into a pool and re-lend, managing counterparty exposure centrally
- Agency: facilitate bilateral lender/borrower matches with per-transaction collateral
- Portfolio-level or instrument-level lending eligibility
- Qualified-investor onboarding with master-agreement signing
Put Your Inventory to Work
See how ZagTrader turns securities lending into a controlled, automated revenue stream.
Trusted by 100+ institutions managing over $500B in assets
17+ years in production25+ regulated markets & exchanges5M+ daily transactions
Trusted by leading institutions
