The platform experienced increased activity due to year-end funding dynamics, the Federal Open Market Committee decision to lower rates, and increased US Treasury issuance
Figures from EquiLend Data & Analytics show loan balances hit US$4 trillion for the first time, while the lender-to-broker market generated a record US$11.7 billion in revenue
BrokerTec's overall ADNV for September was US$961 billion, up 16 per cent YoY across benchmark cash US Treasuries, European government bonds and US and EU repo