EquiLend reached its record for number of trades executed monthly on its securities finance trading platforms, EquiLend and BondLend, in Asia in February.
The company set a mark of 40,672 trades executed in the region for the month, compared to the previous regional high of 33,554.
“The Asian region has always made up a key component of the global securities finance trading activity that takes place via EquiLend and BondLend. We anticipate further volume growth here as clients in Asia continue to expand their use of our platform,” says Andrew McCardle, head of EquiLend Asia.
In 2011, EquiLend opened an office in Hong Kong and has seen increasing volumes in Asia since then.
EquiLend Sets Company Record for Monthly Trades in Asia
EquiLend reached its record for number of trades executed monthly on its securities finance trading platforms, EquiLend and BondLend, in Asia in February.