Global securities lending activity surged to all-time highs of $15.3bn in 2025, up 26% from 2024 and 13% above the previous record set in 2023, according to a the latest figures from EquiLend Data & Analytics.
Loan balances also topped $4tn for the first time, reflecting strong demand across equities, corporate bonds, and government securities amid M&A activity, AI-focused trades, tariff shifts, and central bank rate cuts.
The lender-to-broker segment accounted for $11.7bn of revenue, a...
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