Brazil sees sec lending volumes build in 2016 16 January 2017São Paulo Reporter: Drew Nicol
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Brazilian exchange BM&FBovespa saw securities lending transaction volumes worth BRL 692.74 billion (USD 215.3 billion) in 2016, up from BRL 665.73 billion (USD 206.9 billion) the year before.
The total number of annual trades actually decreased between 2015 and 2016 to 1.38 million, down from 1.52 million.
The exchange ended the year on a high, with December’s securities lending volume building positively on November's to sit at BRL 60.41 billion (USD 18.77 billion).
November’s volume was BRL 54.39 billion (USD 16.9 billion).
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