LOCATESTOCK is one of the first electronic securities lending portal that has modernized and simplified the Securities Finance Industry. The LOCATESTOCK platform eliminates inefficiencies in the Securities Lending Industry by providing transparency and liquidity. The lack of reliable market data and the introduction of Regulation SHO is what motivated LOCATESTOCK to create an efficient way for clients to locate a stock prior to executing a short sale.

Who Uses LOCATESTOCK?

LOCATESTOCK provides revolutionary, real time, hard to borrow liquidity and market data, to broker dealers and bankers seeking short sale transparency and liquidity. By offering guaranteed stock locates on a first-come, first-serve basis, LOCATESTOCK allows small and mid-sized broker dealers and traders to compete for borrows with the largest hedge funds. The LOCATESTOCK service allows lenders to both charge a premium for their inventory and to lend the maximum amount of inventory to the market.

Technology and Platform

The LOCATESTOCK suite of products is comprised of a proprietary and unique software platform, The Matador. The electronic platform provides transparency, liquidity and price discovery, allowing previously underserved traders access to a wide array of U.S. domestic securities, in a fully compliant environment meeting all the requirements of Regulation SHO.

LOCATESTOCK’s software was engineered from the ground up with two specific criteria in mind:

1. Create transparency and liquidity by enabling broker dealers and bankers electronic access to U.S. domestic securities.
2. Provide electronic locates with all the necessary data required by Regulation SHO.