Automated Securities Lending and Borrowing services

Automated Securities Lending and Borrowing services are a cornerstone of Clearstream’s commitment to providing enhanced settlement efficiency to its customers wherever their settlement takes place.

  • ASL is integrated to Clearstream ICSD’s settlement engine and automatically provides access to a large pool of liquidity to cover account facing shortage situations.
  • ASL principal is a unique service that forms part of Clearstream’s CSD and ICSD securities lending services enabling customers to borrow from or lend a single pool of securities regardless of their settlement and custody location. Lenders also benefit from the extended level of security associated to a principal structure where Clearstream acts as sole counterparty.

Depending on their specific needs, customers willing to maximise their opportunities can also use the two products in combination.