Access to exclusive supplies of securities

Internal sourcing : large portfolios held by the BNP Paribas Group, including Asset Management and Custody assets External sourcing: We often win large equity securities lending auctions We enjoy exclusive arrangements with stable asset owners worldwide

Large amounts borrowed from all types of lenders:

Privileged relationships with the world’s largest lenders thanks to BNP Paribas’  AA+, Aa1 credit ratings and worldwide presence  Extensive access to hard-to-borrow and general collateral stocks and optimum recall protection

Managing your longs:

Innovative solutions allowing BNP Paribas to be well positioned to optimise your longs

A single global book ensuring trade coverage across continents A professional team:

Our team of seasoned specialists provides clients with quick response and aggressive quotes for hard-to-borrow stocks

Value-added trades:

ability to quote prices for guaranteed stocks for maturities up to 5 years on indices, as well as on individual stocks

Comprehensive market information:

BNP Paribas teams provide clients with key data on hard to borrow stocks, with complete transparency concerning amounts available, levels, and current status for most markets