US sec lending dwarfs next nine markets combined
23 October 2015 New York
Image: Shutterstock
The US securities lending market is nearly twice as big as the next nine largest markets combined, according to DataLend’s latest report.
On-loan securities in the US were valued at $994 billion in total, compared to the next biggest market in Canada at $130 billion, as of 8 October.
The UK, Germany and France all trail on $101 billion, $96 billion and $78 billion, respectively.
Recorded fee scales also reflect this chasm with the average recorded fee in basis points (bps) in the US set at 42 bps, compared to 23 bps in Canada and 26 bps in the UK and France.
In contrast to market size, the percent of portfolios on loan by region shows that Europe actually has 13.5 percent on average on-loan, with the US fractionally lower at 13 percent. Asia is only slightly behind on 11 percent.
Globally, DataLend has valued on-loan securities at $1.74 trillion of the available $13.25 trillion of securities available in lendable portfolios.
This can be partly broken down into $907 billion equities and $830 billion fixed income securities on loan.
The consumer discretionary sector saw the most lending activity, valued at $162 billion. Information technology and financials can in closely after at $136 billion and $134 billion respectively.
On-loan securities in the US were valued at $994 billion in total, compared to the next biggest market in Canada at $130 billion, as of 8 October.
The UK, Germany and France all trail on $101 billion, $96 billion and $78 billion, respectively.
Recorded fee scales also reflect this chasm with the average recorded fee in basis points (bps) in the US set at 42 bps, compared to 23 bps in Canada and 26 bps in the UK and France.
In contrast to market size, the percent of portfolios on loan by region shows that Europe actually has 13.5 percent on average on-loan, with the US fractionally lower at 13 percent. Asia is only slightly behind on 11 percent.
Globally, DataLend has valued on-loan securities at $1.74 trillion of the available $13.25 trillion of securities available in lendable portfolios.
This can be partly broken down into $907 billion equities and $830 billion fixed income securities on loan.
The consumer discretionary sector saw the most lending activity, valued at $162 billion. Information technology and financials can in closely after at $136 billion and $134 billion respectively.
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