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
No further SFT regulations on the horizon, says European Commission
20 October 2017 | Paris | Reporter: Jenna Lomax
article synopsis 300 characters only so it fits to three lines. always add three periods to finish synopsis...
LEI compliance is non-negotiable, says ESMA
20 October 2017 | Paris | Reporter: Jenna Lomax
Steven Maijoor, chair of ESMA stated that there is no room for negotiation where legal entity identifiers are concerned
US appeals court dismisses US equity lending mismanagement case
20 October 2017 | Missouri | Reporter: Drew Nicol
Allegations of mismanagement of a securities lending programme brought by two US Bank pension beneficiaries was dismissed by the US Court of Appeals for the Eighth Circuit this week
Clearstream promises post-Brexit services continuity
19 October 2017 | London | Reporter: Jenna Lomax
Clearstream confirmed it will continue to offer stable custody services to its UK-based clients no matter how the Brexit negotiations evolve
EU commission lays down the law on MiFID II compliance
19 October 2017 | Brussels | Reporter: Jenna Lomax
Belgium, Malta, France, Greece, Luxembourg, Netherlands, Portugal, Spain and Sweden are among the 19 infringing member states due to face the commission’s wrath
Margin rules depress derivative contract terms, survey finds
19 October 2017 | Brussels | Reporter: Jenna Lomax
Only few changes were reported regarding credit terms and conditions with respect to non-centrally cleared OTC derivatives
AAOI and Euronav top FIS hot stocks lists
18 October 2017 | London | Reporter: Jenna Lomax
The Belgium-based operator of crude oil tankers and storage facilities, has been a regular feature on the list in the last month