The Central Depository and Settlement Corporation (CDSC) has gone live with its stock lending and borrowing (SLB) platform after completing a two-year test run at the Capital Markets Authority (CMA) regulatory sandbox.
The CMA has also approved the rules for the SLB platform, which will allow investors such as pension schemes who hold stock assets for the long haul to lend them to fellow investors for a fee, for up to a period of one year.
