LMX STABL – A Short-Term Agreement for Bi-lateral Lending

A uniform agreement for all marketplace members that offers timely access at a transparent low cost and requires no bi-lateral negotiation.

Investment

STABL Mechanics and security are similar to CP and CDs and align with corporate investment mandates.

Mechanics & Covenants

STABL will price at a discount similar to T-Bills and Commercial Paper.

STABL Contract

The STABL contract is an unsecured obligation of the borrowing entity and is a pari-passu with other unsecured obligations.

Ease of Access & Integration

Straightforward membership application and system integration process.

Documentation, screening approval and onboarding is managed online.

Connectivity to existing systems with optional additional security layers.

Access via secure HTML or Bloomberg App portal. Security options include 2FA and biometrics (facial and/or voice recognition).

Trade & settlement Integration.

LMX orchestration layer enables rapid integration with industry and bespoke protocols.

Flexible member preferences and controls.

When member’s mandates and strategies change, risk controls and trading parameters can be adapted on a selective and/or wholesale basis.

Members are in complete control of the counterparties, industries, ratings and spreads.

Administrative and trading responsibilities can be established for each individual user.

LMX Meets The Diverse Needs Of Its Members With A Configurable Platform That Optimizes Liquidity

Marketplace MembersLMX Liquidity Marketplace Benefits
Bank GroupBank Treasury
• Source Capital Efficient Deposits
• Diversify funding sources

Transaction Banking (Cash Management & Securities) / Prime Brokerage
• Alternative to balance sheet
• Make available via sweep mechanisms
Non-Bank Financial Institutions• Improved yield vs. deposits
• Lower costs and alternative access to short-term liquidity
Corporate Treasury• Transparency of source and cost of funding
• Low-cost alternative to deploy and secure short-term liquidity
• Diversify counterparty exposure/improved yield
Asset Managers• Improved yield vs. deposits
• Alternative to CP
• Additional investment option for segregated mandates
Pensions, Endowments, State & Municipals• Optimized yield
• Increased counterparty diversification

LMX Liquidity Marketplace Member Benefits:

Bank Treasury

  • Source Capital Efficient Deposits
  • Diversify funding sources

Transaction Banking (Cash Management & Securities) / Prime Brokerage

  • Alternative to balance sheet
  • Make available via sweep mechanisms

Non-Bank Financial Institutions

  • Improved yield vs. deposits
  • Lower costs and alternative access to short-term liquidity

Corporate Treasury

  • Transparency of source and cost of funding
  • Low-cost alternative to deploy and secure short-term liquidity
  • Diversify counterparty exposure/improved yield

Asset Managers

  • Improved yield vs. deposits
  • Alternative to CP
  • Additional investment option for segregated mandates

Pensions, Endowments, State & Municipals

  • Optimized yield
  • Increased counterparty diversification

LMX Marketplace Members can execute available lending or borrowing offers live on the platform: