BondLend see record trading for the summer 06 September 2013New York Reporter: Georgina Lavers
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BondLend, the fixed income securities finance trading platform, experienced record trading by volume and value across June, July and August 2013.
A total of 172,100 fixed income trades were made via BondLend across the three months, at a value of $316 billion.
That compares to 134,328 fixed income trades at a value of $188 billion in June, July and August 2012.
In the rolling 12 months to August 2013, a total of 601,778 trades at a value of $1 trillion had been made via BondLend, another record for the platform.
Brian Lamb, CEO of EquiLend, said: “BondLend continues to hit historic milestones as the client base continues to grow, particularly in Europe and the United States. I am very pleased with the progress our sales team continues to make and am particularly excited about the future prospects for BondLend’s growth into the US Treasury and sovereign space.”
BondLend launched in 2010 and aims to provide clients with a single point of access to the global securities financing community for the fixed income and repo markets.
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