10 April 2017
São Paulo
Reporter: Drew Nicol
Securities lending on the up in Brazil
Newly formed Brazilian exchange B3 posted month-to-month growth in its securities lending volume for March.

Lending volume hit BRL 64.90 billion (USD 20.62 billion) last month, up from BRL 56.75 billion (USD 18 billion) in February.

Transactions figures reached 127,680 compared to 105,389 the previous month.

B3 is the product of the merging of BM&FBovespa and Cetip, Latin America's largest depository for over-the-counter securities and derivatives, which was completed in the beginning of April.

Exchange-traded fund (ETF) transactions involving B3 totaled 277,156 in March, up from 175,896 in February.

ETF transaction value on the exchange reached BRL 3.79 billion (USD 1.2 billion) in March, compared with BRL 3.21 billion (USD 1 billion) in February.​

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Pension funds pick Northern Trust for sec lending
28 April 2017 | Belfast | Reporter: Stephanie Palmer
Northern Trust has secured its thirteenth Irish state pension fund as a securities lending services client
BoE money markets code gets ISLA approval
28 April 2017 | London | Reporter: Drew Nicol
The code offers market best practice principles and acts as a revision and update of the securities borrowing and lending code and the gilt repo code
Lenders should stick to the scrip
27 April 2017 | London | Reporter: Drew Nicol
Beneficial owners are "leaving money on the table" by failing to engage in scrip options, heard attendees of the Finadium Investors in Securities Lending conference in London
Securities lending revenue drops as hot stocks fall short
27 April 2017 | London | Reporter: Drew Nicol
In a presentation at the Finadium Investors in Securities Lending Conference in London, DataLend revealed that revenue for Q1 2017 hit $2.5 billion, down $247 million from Q4 2016
State Street sees slow Q1 for securities finance
27 April 2017 | Boston | Reporter: Stephanie Palmer
State Street saw very slight declines in securities finance revenues in Q1 2017, securing $133 million, 0.7 percent less than the $134 million taken in the same period last year
Delta Capita acquires Appendium
27 April 2017 | London | Reporter: Mark Dugdale
Business and technology consultancy Delta Capita has acquired Appendium as it gears up to launch a securities finance utility later this year
Squawker launches equity finance platform
27 April 2017 | London | Reporter: Mark Dugdale
The new platform provides a central hub for European equity finance participants to bring the execution of their equity hedge trades on-exchange. Squawker said six investment banks are participating