Securities Finance 2023 Q3 Review

With the debt ceiling and banking issues of the previous quarters in the rear-view mirror, financial markets reverted to the familiar themes of growth, inflation and central bank decision making during the third quarter. All of these themes continue to impact the securities finance markets, providing opportunities for both borrowers and lenders alike. Please join us as we review the securities lending activity that took place during Q3 and discuss what opportunities may lie ahead during Q4.

To help us in our analysis, we look forward to welcoming Chris Williamson, S&P Global market Intelligence’s Chief Business economist, who will help us to decipher the most recent economic data and trends and their potential impact upon the securities finance markets.

• Quarterly revenues start to trend lower following recent highs
• US equity revenues fall as specials activity declines
• Asia equities make a comeback, posting a 20% YoY increase in revenues
• Lendable increases but balances decline throughout the quarter