Securities Finance
Optimize the Value of Your Portfolio
Achieve Incremental Returns
Take advantage of dynamic borrower demand for the intrinsic value of your portfolio holdings. Revenue generated from lending fees and earnings on the reinvestment of cash collateral adds alpha to your portfolio.
Actively Manage Risk Through All Market Environments
Calibrate the degree of risk to achieve your specific objectives leveraging our robust risk management framework and expertise.
Tailored Lending Solutions
Customize parameters to align your lending program with your risk preferences.
Northern Trust's Program
We have a 40+ year track record of providing superior Securities Lending services and are fully committed to Securities Lending as one of our core businesses, allowing us to continuously invest in our business and clients.
Our Agency Securities Lending program operates as one global team, with an average of 15+ years of trading experience and 20+ years of management experience across a team of Securities Lending experts.
Our trading desks are located in Chicago, Hong Kong, London, Sydney and Toronto, providing 24-hour global coverage and local expertise.
Technology-Powered Solutions
Achieve Returns
A key component to driving greater returns is our global integrated platform, which enables us to optimally connect our clients’ supply to borrower demand with a high level of automation.
We consistently seek new opportunities and operate a variety of lending programs for the benefit of our clients, including open trades, term trades, directed lending, auctions/exclusives and high intrinsic lending.
Manage Risk and Regulations
Risk management is a key aspect of our program. Our business line, dedicated risk management group and independent senior oversight committees take a qualitative and quantitative approach to assess, measure and monitor risk.
To offer robust solutions for our clients’ regulatory obligations, our team maintains consistent and broad engagements with regulators and industry associations.
Tailored Lending Solutions
Our dedicated Agency Securities Lending team provides a consultative approach, delivering solutions to fit each client’s risk tolerance and legal structure requirements.
CLIENTS CAN SELECT PROGRAM OPTIONS SUCH AS:
Non-Cash Collateral
Collateral options range from government or corporate debt or equities; title transfer or pledge
Cash Collateral
Flexible cash investment guidelines in both pooled and separately managed accounts
Borrowers
Select from 75+ parent borrowers approved by Northern Trust’s counterparty risk group
Program Parameters
Set lending parameters to focus on high intrinsic trading, select participating accounts, markets or specific securities
Bespoke Solutions
Support for clients with third party custodians as well as those who wish to optimize their inventory by supplementing agency lending with directed lending, peer to peer and borrowing
More Insights
April 27, 2023
Learn about industry trends with a view from both the beneficial owners of the lendable securities and the borrowers who are seeking opportunities. From revenue generation to the risk environment and regulatory change, this guide provides a comprehensive
July 15, 2022
Head of Securities Finance, EMEA
Mark Jones joined the Securities Finance Times panel to discuss key trends in the European securities lending market including markets performance and opportunities for growth.
SECURITIES FINANCE LEADERS
Lori is Senior Vice President and Head of Client Management, North America in Securities Finance at Northern Trust based in Chicago.
RTS 28 Reports
2022 Reports
- Northern Trust Capital Markets: Securities Lending RTS 28 Report 2022
- Northern Trust Capital Markets: Securities Lending RTS 28 Report 2022 - Top Five Execution Venues
- Northern Trust Capital Markets: Securities Lending RTS 28 Report 2022 - Top Five Order Transmission Destinations
Archives
Client Documentation
Compliance
Not FDIC INSURED | May lose value | No bank guarantee
©2022 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability as an Illinois corporation under number 0014019. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to expert, institutional, professional and wholesale clients or investors only and should not be relied upon by retail clients or investors. For legal and regulatory information about our offices and legal entities, visit northerntrust.com/disclosures. The following information is provided to comply with local disclosure requirements: The Northern Trust Company, London Branch, Northern Trust Global Investments Limited, Northern Trust Securities LLP and Northern Trust Investor Services Limited, 50 Bank Street, London E14 5NT. Northern Trust Global Services SE, 10 rue du Château d’Eau, L-3364 Leudelange, Grand-Duché de Luxembourg, incorporated with limited liability in Luxembourg at the RCS under number B232281; Northern Trust Global Services SE UK Branch, 50 Bank Street, London E14 5NT; Northern Trust Global Services SE Sweden Bankfilial, Ingmar Bergmans gata 4, 1st Floor, 114 34 Stockholm, Sweden; Northern Trust Global Services SE Netherlands Branch, Viñoly 7th floor, Claude Debussylaan 18 A, 1082 MD Amsterdam; Northern Trust Global Services SE Abu Dhabi Branch, registration Number 000000519 licenced by ADGM under FSRA #160018; Northern Trust Global Services SE Norway Branch, 3rd Floor, Haakon VII's Gate 6, 0161 Oslo, Norway; Northern Trust Global Services SE, Leudelange, Luxembourg, Zweigniederlassung Basel is a branch of Northern Trust Global Services SE (itself authorised by the ECB and subject to the prudential supervision of the ECB and the CSSF). The Branch has its registered office at Grosspeter Tower, Grosspeteranlage 29, 4052 Basel, Switzerland, and is authorised and regulated by the Swiss Financial Market Supervisory Authority FINMA. The Northern Trust Company Saudi Arabia, PO Box 7508, Level 20, Kingdom Tower, Al Urubah Road, Olaya District, Riyadh, Kingdom of Saudi Arabia 11214-9597, a Saudi Joint Stock Company – capital 52 million SAR. Regulated and Authorised by the Capital Market Authority License #12163-26 CR 1010366439. Northern Trust (Guernsey) Limited (2651)/Northern Trust Fiduciary Services (Guernsey) Limited (29806)/Northern Trust International Fund Administration Services (Guernsey) Limited (15532) Registered Office: Trafalgar Court, Les Banques, St Peter Port, Guernsey GY1 3DA. Northern Trust International Fund Administration Services (Ireland) Limited (160579)/Northern Trust Fiduciary Services (Ireland) Limited (161386), Registered Office: Georges Court, 54-62 Townsend Street, Dublin 2, D02 R156, Ireland.