SecFinex is a global electronic, web-based lending & borrowing trading platform based in London, the United Kingdom.

Overview

Originally known as PPA Capital Limited, the company changed its name to SecFinex, Ltd. in November, 2000.
As of March 2007, SecFinex, Ltd. operated as a subsidiary of Euronext

Euronext

Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...

 and now, it operates as a subsidiary of LIFFE (Holdings) plc.

The trading platform covers equities on Dutch, French, German, Irish, Italian, Japanese, Spanish, Swedish, Swiss, the United Kingdom and USequity markets.

Transactions on SecFinex are cleared by the following CCPs:

• LCH.Clearnet
  LCH.Clearnet
  LCH.Clearnet is an independent clearing house based in Europe that serves major international exchanges and platforms, as well as a range of OTC markets...
  
   - for the transactions on Belgian, French, Dutch and Portuguese stocks
• SIS x-clear for stock loan transactions in Austria, Denmark, Finland, Germany, Norway, Sweden, Switzerland and coverage of the UK market planned for 2011

SecFinex Limited is Authorised and Regulated by the Financial Services Authority

Financial Services Authority

The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...

 (FSA)

See also

• Securities lending
  Securities lending
  In finance, securities lending or stock lending refers to the lending of securities by one party to another. The terms of the loan will be governed by a "Securities Lending Agreement", which requires that the borrower provides the lender with collateral, in the form of cash, government securities,...
  
  
• Straight Through Processing
  Straight Through Processing
  Straight-through processing enables the entire trade process for capital markets and payment transactions to be conducted electronically without the need for re-keying or manual intervention, subject to legal and regulatory restrictions...
  
   (STP)
• Electronic trading
  Electronic trading
  Electronic trading, sometimes called etrading, is a method of trading securities , foreign exchange or financial derivatives electronically...
  
  
• NYSE Euronext