The Japan Securities Finance Company is setting up an online network that will facilitate stock lending and borrowing transactions by linking securities companies and institutional investors. The network, due to go live in November, will allow the exchange of information on a real-time basis.

Lenders and borrowers, who will remain anonymous, will exchange information such as the number and types of stocks to lend or borrow. The online network will connect institutional investors and 120 member securities houses of the Tokyo Stock Exchange.