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Securities finance industry generates $ 4.8 billion revenue in H1 2022
The figure represents a 6 % increase from the $ 4.5 billion generated in H1 of 2021 .
The global securities finance industry generated $ 4.8 billion in revenue for lenders over the second quarter of 2022 , according to new data from EquiLend ’ s market data service , DataLend . Fixed income securities revenue rose 22 % year-on-year to $ 1.1 billion , which DataLend attributed to a rise in fees and on-loan values in corporate debt . The figure represents a 6 % increase from the $ 4.5 billion generated in H1 of 2021 . Revenue from equities increased by 2 % over the same time frame to $ 3.7 billion due to increases in balances across Asia and EMEA .
In June alone , the global securities finance industry generated $ 897 million in revenue for lenders , representing a 3 % decrease from $ 923 million in May and a 4 % increase year-on-year . This increase , according to DataLend , was primarily driven by fixed income in North America and EMEA , which saw increases of 38 % and 12 %, respectively . Global broker-to-broker activity , where broker-dealers lend and borrow securities from each other , totalled an additional $ 264 million in revenue in June , a slight increase year over year . The top five earners in the securities lending market in June 2022 were Gamestop ( GME ), Lucid Group ( LCID ), Dutch Bros ( BROS ), Upstart Holdings ( UPST ) and Beyond Meat ( BYND ). The five securities in total generated over $ 115 million in revenue in the month .
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