The Bolsa de Valores de Lima, along with Cavali ICLV S.A., Scotia Capital USA, Scotia Sociedad Agente de Bolsa S.A., Citibank del Peru S.A. (Citi Peru) and pension fund manager, AFP Integra, has introduced a new securities lending platform in Peru that enhances the Peruvian market depth, liquidity and efficiency and provides clients with greater opportunity to invest in Latin America. Access to securities lending on the platform requires the services of a local broker dealer, such as Scotia Bolsa, to execute the trade on behalf of the foreign broker. The enhanced platform includes a formal legal structure incorporating industry standard documentation, Peruvian Appendix to the Global Master Securities Lending Agreement (GMSLA), an operating platform that allows for USD and equity as collateral as well as full visibility into the Cavali's Wari platform via Citi Peru's custody and clearing services.

The enhancement is the result of a two year process working amongst all relevant parties including the local market entities aimed at breaking down the local barriers to entry.