BondLend, Equilends global securities financing platform for fixed income and repo, saw record trading for the month of February 2012. The company attributed the 45% year-on-year growth to increased participation across North America and Europe.
As fixed income market participants continue to adopt its trading and post trade services, the platform continues to thrive with 16 lenders and 29 dealers active daily.
Oscar Huettner, BondLend global product manager, commented: Februarys record volumes illustrate the value of BondLends automated solution to fixed income securities financing. Since launching BondLend in early 2011, we have expanded our borrower and lender client base and have consistently seen increases in trade volume from our existing clients.
(JDC)