EquiLend: Leading the Way in Securities Finance Technology

The global securities finance industry witnessed a significant 16% decline in revenue during the second quarter of 2024 compared to the same period in 2023. Lenders generated a total revenue of $2.53 billion, while broker-to-broker activities saw a 9% decrease year-over-year, bringing in an additional $696 million in revenue.

Notable regional trends included a 33% drop in equity revenue in EMEA, a 19% decrease in North America, and an 8% increase in APAC. Global fixed income performance also declined by 11% in Q2, with corporate debt revenue falling by 32%, although government securities revenue remained relatively stable.

In June 2024, the industry generated $790 million in revenue, marking an 11% decrease from the previous year. Top earners for the month included Lucid Group, Trump Media & Technology Group, Canopy Growth Corporation NPV, Beyond Meat Inc., and ImmunityBio Inc., collectively generating $56 million in revenue.

EquiLend, a global financial technology firm, offers Trading, Post-Trade, Data & Analytics, RegTech, and Platform Solutions for the securities finance industry. With a strong presence in North America, EMEA, and Asia-Pacific, EquiLend is known for upholding high regulatory standards and driving innovation in the industry.

The company has received recognition for its excellence, including being Great Place to Work Certified™ in multiple countries and winning awards for its services and Diversity & Inclusion initiatives.

The second quarter of 2024 brought challenges and opportunities for the global securities finance industry. Despite revenue declines in certain sectors, companies like EquiLend continue to lead the way in providing cutting-edge solutions and maintaining industry standards. As the industry evolves, innovation and regulatory compliance will remain key focus areas for stakeholders worldwide.