Despite increases in average on-loan balances and average daily lendable values of 5.86% and 6.29% respectively, fixed income lender-to-broker revenue was down 4.54% in the first nine months of 2020, generating $1.08 billion in lending revenue.
At the halfway mark of 2020, securities lending revenue was up 7.7% for equities in the Americas. However, by the end of the third quarter, equity revenue in the Americas performed a 180.
We reviewed the impact of the short-selling bans in Europe and Asia and compared the quarterly and yearly revenue year over year.
Stay up to date with the daily movements in the securities finance industry. The DataLend Daily Equity and Fixed Income Market Updates, produced by DataLend’s team of product specialists and based on our exclusive data set, provides key metrics to help you identify trends and day-over-day changes in the global lender-to-borrower securities finance market.
