Global lending securities revenue up 21% for 2021, says DataLend
Latest news
Global lending securities revenue up 21% for 2021, says DataLend 04 January 2022US Reporter: Carmella Haswell
Image: Ivan/stock.adobe.com
The global securities lending industry generated US$9.28 billion in revenue for lenders in 2021, according to DataLend. This represented a 21.2 per cent increase from 2020.
Last year was the highest year for lending revenue since 2018, which generated around US$10 billion in revenue.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totalled an additional US$2.82 billion in revenue in 2021, a 1.7 per cent decrease year-over-year.
According to DataLend, the increase in lender-to-broker revenue was experienced across equity markets globally. The Americas saw a 22.3 per cent increase, EMEA rose by 1 per cent and lender-to-broker revenue in APAC jumped 29.7 per cent for 2021 relative to 2020.
The fixed income markets also experienced increases with lending revenue from corporate debt up 36.4 per cent and government debt up 27.9 per cent relative to 2020.
The top five revenue-generating securities in the global securities lending markets in 2021 were Robinhood Markets (HOOD), iShares iBoxx $ High Yield Corporate Bond ETF (HYG), Blink Charging (BLNK), VMware (VMW) and Visa (V). In total, the securities generated US$413 million in lending revenue in 2021.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times