EquiLend reports strong September for securities lending volumes
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EquiLend reports strong September for securities lending volumes 13 October 2021US Reporter: Carmella Haswell
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EquiLend reveals that it had a strong trading month during September, commonly a vibrant period for securities lending, with particularly strong volumes reported in Europe, the Middle East and Africa (EMEA).
NGT had a record trading day on 21 September with more than 126,000 transactions worth US$173 billion executed on the platform.
France and Germany drove trading volumes in Europe, with notional in France rising 33 per cent month-on-month and 73 per cent YoY during September. For Germany, notional was up 17 per cent over the preceding month and 22 per cent YoY.
In total, nearly 2.4 million transactions worth US$2.4 trillion in notional were conducted on EquiLend NGT last month, with notional values up in every area.
For EMEA, a total of 380,816 transactions were executed on NGT last month, with an aggregate notional reaching US$484 billion.
Canada had a strong August, with seasonal activity pushing notional balances up 26 per cent.
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