Lending Pit

SunGard’s Astec Lending Pit is a browser-based market information service for securities lending professionals.  It is used on trading desks globally and gives traders valuable rebate/fee and loan volume information for a broad coverage of the equity and fixed income issues on loan in every market.  Traders leverage this data to maximize their securities lending spreads in a market that can feature widely divergent rebate rates and fees, even for the same security on the same day.  The data underlying Lending Pit is also available to Lending Pit subscribers who wish to analyze the data using in-house systems.

Features

  • Designed with a trader’s time constraints in mind
  • Shows graphical representation for quick data interpretation
  • Achieves sub-second response times to crucial pre-trade queries
  • Contains data that is only one-day old, updating by 7:30 am EST each morning with loans that were outstanding as of the market open
  • Helps enable users to view and/or download up to 15 months of historical data
  • Contains user definable watch lists
  • Offers red flag service to identify positions whose rebates differ significantly from market averages
  • Trawls research sectors/industries for profitable lending opportunities and provides reports focused directly on stock loan profitability
  • Provides a database infrastructure and application design built, owned and maintained by SunGard
  • Integrates with SunGard's other solutions for securities finance, including Loanet, Global One, and Martini.
  • Protects all data through external and internal non-disclosure agreements

Benefits

  • Helps you to make the most profitable decisions possible, as quickly as possible, using the wealth of accurate and actionable information at your fingertips.
  • Facilitates increased performance by providing the tools to proactively manage your securities lending program, not just measure it.
  • Enhances your client engagement with real market data and benchmarking allowing you to focus on your most valuable relationships.

Who Could Benefit from Lending Pit?

Lending Pit is used daily by securities lending traders, analysts, and business managers across every type of institution in the market:

  • Lending Agents
  • Third Party Agents
  • Broker/Dealers
  • Prime Brokers
  • Hedge Funds

Brochures & Datasheets

Related Products & Services

  • Astec Analytics

    Market information services for the global securities lending industry.

  • Global One

    A suite of products designed for real-time administration and management of international and domestic securities lending programs supporting both brokers and lenders.

  • Loanet

    An equity finance solution serving broker-dealers, custodian banks, agent lenders and other participants in securities lending.

  • Martini

    A trading system for bond and equity financing used by investment banks, broker-dealers, hedge funds and other investment funds.