The BondLend Recalls service allows lenders to issue a recall to borrowers for US and non-US securities. The entire process is automated, making recall management simple. When used with either AutoBorrow or Contract Comparison, lenders can recall specific US and non-US contracts using the unique BondLend ID. This reduces the chance of a lender recalling the incorrect contract.
Using the BondLend Platform's direct link to the DTCC ARMS hub, any BondLend client can recall US securities from non-BondLend counterparties with whom they have transacted (US only).