Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Global securities lending revenue increases 24% YoY for July, says DataLend
Industry news

Global securities lending revenue increases 24% YoY for July, says DataLend


03 August 2022 Global
Reporter: Carmella Haswell

Generic business image for news article
Image: Yellow_duck/stock.adobe.com
The global securities finance industry generated US$939 million in revenue for lenders in July 2022, a 24 per cent increase on July 2021, according to DataLend.

Compared to the previous month, the July 2022 figures represent a 5 per cent increase from the US$897 million generated in June 2022.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totalled an additional US$262 million in revenue in July, a 34 per cent rise from 2021.

According to DataLend, the increase in lender-to-broker revenue over 2021 was driven primarily by North American equities, where average fees increased by 57 per cent, resulting in a 51 per cent increase in revenue generated.

In the Asia Pacific region, equities saw a decline in revenue of 15 per cent due to a decrease in average fee of 12 per cent.

Europe, Middle East and Africa equities remained relatively flat year-over-year with a 1 per cent increase in revenue over 2021.

The market data service of fintech EquiLend also reveals fixed income markets experienced revenue increases across both government debt, up 4 per cent, and corporate debt, up 88 per cent, compared to July 2021.

The rise in corporate debt revenue was driven primarily by average fees rising by 74 per cent.

The top five earners in July 2022 were Gamestop Corporation (GME), Beyond Meat (BYND), Lucid Group (LCID), Faraday Future (FFIE) and Dutch Bros (BROS). The five securities in total generated over US$154 million in revenue in the month.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ EquiLend
→ DataLend

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Lender

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →