Four years ago Boaz Yaari sat in a meeting with a senior prime brokerage executive who described the securities lending market as a ‘Jurassic Park ecosystem.’

“I’m Israeli, so I’ve always had an inquisitive side, but that was like waving a red flag in front of a bull,” Yaari, founder and chief executive of Sharegain, told Global Investor.

As a former derivatives trader and portfolio manager, Boaz was interested in securities lending early on in his career mainly from a borrower perspective.

 

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