Lending Arrangements


Please see below guidance on Lending arrangements conducted on-Exchange.

Lending Arrangements
Lending arrangements conducted on Exchange are required to have a written agreement between the two parties. The Exchange has authorised standard forms of agreement for this purpose (e.g. Global Master Securities Lending Agreement) which contain provisions in the event of default of either party. It is expected that member firms will follow these provisions when valuing their unsettled lending arrangements with Lehman. Under the default rules, the Exchange is required to include any net amounts arising from these valuations in its net amount for certification. For information on how to supply this data to the Exchange, as well as further information on the Exchange's default rules in relation to lending arrangements, please see Notice N24/08.

Link to Counterparty Details page for Unsettled LEHM loans and trades spreadsheets. 

Link to Non Members page for Unsettled LEHM Loans and trades spreadsheets.