BARX Securities Lending creates a competitive bidding environment allowing lenders and hedge funds to communicate directly by providing open access to the intricate circuitry of securities lending. With participation by major lenders globally, hedge funds are able to negotiate their stock borrow fees directly with the lender.

Etelligence, alongside Barclays’s team, built a cutting edge, real-time, low latency, and highly interactive Securities Lending platform from the ground up using Sencha ExtJS 4.x JavaScript framework and the JBoss Seam framework. The platform handles a very large volume of data with real time updates and unique features such as Microsoft Excel to web-based Grid drag-and-drop capabilities.