Australian market bounces back 13 September 2010Sydney Reporter: Ben Wilkie
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The Australian securities lending market has now recovered to pre-global financial crisis levels, said Peter Martin, chairman of the Australian Securities Lending Association (ASLA).
Australia was not hit as hard by the world crisis as many other developed economies, but it still did see a significant fall in available equities.
But while demand is still at comparatively low levels, most funds that placed restrictions on their securities lending activities have now removed them.
"Certainly from a supply perspective, it's back to what it has been historically with about $200 billion worth of lendable equities," said Martin.
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