Despite years of challenges for international markets, the global securities finance industry has registered a year of record-breaking growth, generating $10.7bn for lenders in 2023, according to according to DataLend, a market data provider, part of securities lending platform EquiLend.
The figure, which represents the highest revenue amount registered by the firm since it began recording the data a decade ago, marks an 8.6% increase from 2022 and 16% from 2021.