Central Bank of Ireland approves EquiLend MTF 22 March 2019Dublin Reporter: Jenna Lomax
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The Central Bank of Ireland has approved EquiLend Limited to operate a multilateral trading facility (MTF) in Ireland.
EquiLend鈥檚 securities finance trading platform, NGT, will allow European Union based clients to continue trading on the platform without interruption post-Brexit.
The Irish MTF will operate alongside EquiLend鈥檚 existing UK MTF, which is regulated by the Financial Conduct Authority.
Brian Lamb, CEO of EquiLend, said: 鈥淓quiLend has been active in the European market since we opened our first office in London in 2003.鈥�
鈥淥ur approval by the Central Bank of Ireland allows us to continue offering our valued global clients access to EU securities finance markets via our world-class trading platform, NGT.鈥�
Laurence Marshall, CEO of EquiLend Limited, commented: 鈥淓quiLend is fully committed to the European market, and we will continue to support our EU-based clients with the launch of the EquiLend Limited MTF in Ireland.鈥�
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