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Global Securities Finance News and Commentary

Glossary

Specials

Securities that are in high demand and low supply in the securities lending market, often leading to a premium being paid to borrow them.

Specials News

Industry
BrokerTec reports 23% YoY growth in US repo ADNV for March

Q1 2025 was BrokerTec’s highest overall volume quarter on record, with US$913 billion average daily notional value transacted, up 22 per cent year-on-year

People moves
Saphyre appoints Kinnally

Former managing director of BlackRock and Morgan Stanley, Tom Kinnally joins the firm as senior relationship manager of bank strategy

Repo
BrokerTec reports 8% YoY rise in US repo ADNV for December

The 25bps interest rate cut at the Federal Open Market Committee meeting resulted in increased demand for some specials, according to the firm

Industry
DataLend: Global securities lending revenue falls 12% YoY for August

The market data service of EquiLend says equity trends observed in July largely held true for August, as US equity lending revenue fell 23 per cent YoY

Industry
IMN: Market poised for pick up in M&A and IPO activity

Speakers at the event in Nashville discussed the drivers of trading in 2024 and special trading opportunities

Repo
Eurex Repo average daily volume rises 75% YoY for December

Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 75 per cent year-on-year to €314.0 billion for December

Repo
CME BrokerTec reports 17% rise in US repo volumes

US repo recorded an average daily notional volume of US$313.5 billion in December, with EU repo declining 17 per cent to volumes of €267 billion

Industry
Global sec lending revenue falls 4% YoY for November, says DataLend

The global securities finance industry generated US$781 million in revenue for lenders, a 4 per cent month-over-month increase from October