EquiLend Reaches Record Securities Finance Trades

Last Thursday, February 6, EquiLend set its one-day record for securities finance trades with 28,317, surpassing its previous best of 27,955 trades that was set on Aug. 9, 2011.

The record including equities trades on EquiLend and fixed income trades on BondLend, and trades were executed between 65 clients globally. The total value of the trades exceeded $28 billion.

“The fact that trading activity via EquiLend is exceeding record levels a full 12 years after our launch is a testament not just to the vitality of our systems but that we have been nimble enough to adapt to client needs and market demands throughout the years,” says Brian Lamb, CEO of EquiLend.

As trading volumes rise, EquiLend is currently building out a consolidated platform for the full pre-trade to trade execution process, which will be released this year.

“We anticipate even greater participation as we roll out our new, consolidated trading platform, which will enable a vastly streamlined workflow for traders,” says Ben Glicher, chief information officer of EquiLend.