DataLend: 2024 Securities Lending Revenue Down 10% YoY to $9.64 Billion
The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend.
Author: Sako Torossian
6 Months of Accelerated Settlement T+1 Webinar
our 6 months of Accelerated Settlement T+1 Webinar covered key findings from 6 months of accelerated settlement and the detail around the challenges facing EMEA in the transition and touched on client feedback and sentiment this year in adapting to T+1.
Monthly Securities Finance Market Review: November 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his global monthly market review for securities finance with insight on EMEA from Rowena Brown, Head of Trading Solutions EMEA & APAC.
EquiLend Risk Resolution Suite (R2S): Resolving Risk, Settlement and Returns
In our latest analytical piece, we dive into our all-new EquiLend Risk Resolution Suite (R2S), which includes the Recalls Notification, Returns Notification and Settlement Monitor services all in one place, designed to facilitate seamless connectivity, monitor intra-day risks and streamline data across all three global solutions within a single user interface.
Effective Collateral Management in a T+1 Environment with Exposure Management
Collateral management is a key consideration for European market participants in a T+1 environment. Exposure Management can support firms in achieving accelerated settlement
EquiLend Update on FINRA’s Proposed Change to Rule 6500 Series for SEC 10c-1a Reporting
On November 14, 2024, FINRA published a proposed rule change to the FINRA Rule 6500 Series, which outlines updated requirements for 10c-1a reporting.
Securities Finance Reacts to the U.S. Election
EquiLend Orbisa analyzes shares of Trump Media & Technology Group (DJT) and other stock names as the effects of the U.S. 2024 election ripple through securities finance.
EquiLend Football Tournament: Kicking Out Food Poverty
Securities finance firms joined forces to support vulnerable children across London in an inaugural, industry-wide
football fundraiser.
Monthly Securities Finance Market Review: October 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his global monthly market review for securities finance with insight on EMEA from Rowena Brown, Head of Trading Solutions EMEA & APAC.
Orbisa on DJT Part 4
Shares of Trump Media & Technology Group (Ticker: DJT) have seen continued volatility in the securities finance market following a share lock-up expiration on September 25.
EquiLend’s Dan Dougherty on Tackling Securities Finance System Inefficiencies at Source
The securities finance market has evolved considerably over the years, and so has EquiLend. Here’s where we’ve been—and where we’re going.
The Relative Smoothness of T+1 is Reflective of the Industry’s Readiness to Adapt to Regulation
Gabi Mantle, head of Post-Trade Solutions at EquiLend, looks at how the lessons learnt from a move to faster settlement can help the industry as it faces changing regulation
EquiLend Announces Appointment of New Chief Executive Officer
EquiLend, the global leader in technology, data, and analytics solutions for the securities finance industry, today announced the appointment of Rich Grossi as its new Chief Executive Officer.
Recapping Q3 Performance – A Mixed Bag for Securities Lending Participants
U.S. equities, which generated 44% of global securities finance revenue, continued to cool year-over-year. With a strong run for U.S. stocks, one that has seen a 20% return for the S&P 500 year-to-date, and inflation concerns beginning to abate, the “Specials” side of the U.S. securities lending market has been understandably quieter after an economically tumultuous 2023.
DataLend’s Exciting New User Platform and Enhanced Real-Time Data
With diverse businesses and roles within the securities lending marketplace, all having unique data requirements, users need access to customizable and dynamic tools that cater to their needs.
Cash Reinvest Analysis Reflecting on the Federal Reserve Rate Cut September 2024
September 19th, 2024, marked the first time the Federal Reserve cut interest rates since March 2020. They set the new target rate between 4.75% and 5.00%, a reduction of 50 bps from the previous level of 5.25% to 5.50%.
Asia Pacific Markets: Q3 2024 In Review
The Asia-Pacific (APAC) region saw the steepest decline in lending revenue in Q3 2024, with revenue dropping by 7.2% YoY to $560 million.
Orbisa on US 20Y-Bond
Take Notes on the US 20-Year Bond – In recent weeks, Orbisa has observed significant securities lending activity for the August 15th 2024 issuance of the United States 20-year bond (4.125% US912810UD80).
Monthly Securities Finance Market Review: September 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his global monthly market review for securities finance with insight on EMEA from Rowena Brown, Head of Trading Solutions EMEA & APAC.
EquiLend’s Heads of Trading, Post Trade and Reg Tech on Preparing for Securities Lending reporting
Kevin McNulty, Head of Reg Tech Solutions, Mike Norwood, Head of Trading Solutions and Gabi Mantle, Head of Post Trade Solutions share their thoughts on FINRA’s SLATE system, the challenges of adapting to T+1 and broader regulatory pressures facing the industry.
ORBISA on VIS
Vanguard International Semiconductors has seen 100% increase in borrower quantity, and correlated share price gain year over year.
Orbisa on DJT Part 3
Shares of Trump Media and Technology Group have continued to remain in demand in the securities finance market as a large share lockup is set to expire on September 25.
Monthly Securities Finance Market Review: August 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance, highlighting trends seen throughout August.
Orbisa on LAZR
This time, Orbisa’s focus is on Luminar Technologies (Ticker: LAZR), a firm whose sensors are used in the autonomous systems of car manufacturers like Volvo and Nissan.
WCAS Completes Acquisition of EquiLend
EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
ORBISA ON EWJ
In our latest Take Notes, Orbisa explores iShares MSCI Japan ETF (Ticker: EWJ), which saw its borrow quantity double from 4 million to 8 million shares in a single day following the Nikkei index’s 12% drop on August 5.
Monthly Securities Finance Market Review: July 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his global monthly market review for securities finance with insight on EMEA from Rowena Brown, Head of Trading Solutions EMEA & APAC.
EquiLend Update on SEC’s Announcement Regarding FINRA 10c-1a SLATE Proposal
The Securities and Exchange Commission announced that it is postponing its decision on the approval of FINRA’s 10c-1a SLATE proposal.
Orbisa on SAVE
Orbisa dives into Spirit Airlines (SAVE), which saw shares fall again on Tuesday as the budget carrier continued to experience delays and cancellations following the global tech outage.
Asia Pacific Securities Lending Market User Guide 2024
EquiLend and PASLA present the Asia Pacific Securities Lending Market User Guide 2024.
Securities Finance Times Industry Excellence Awards 2024
We are pleased to announce that EquiLend has been awarded Americas Data Provider of the Year, European Data Provider of the Year and Regulatory Solution of the Year in the annual Securities Finance Times Industry Excellence Awards!
Q2 Securities Lending Revenue Review
As the second quarter ends, EquiLend Data & Analytics looks back on the performance of the securities lending market during an eventful three-month period.
T+1: Reshaping Securities Lending in a Faster-Paced Market
The T+1 settlement cycle, implemented in the US on 28th May 2024 and in Canada on 27th May 2024, has sent ripples through the financial system, and the world of securities lending is no exception.
First Half Headline Names Stand Out in the Lending Market
The first half of 2024 offered a host of trending securities which helped drive volumes and ultimately revenue in the securities finance market.
Monthly Securities Finance Market Review: June 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his global monthly market review for securities finance with insight on EMEA from Rowena Brown, Head of Trading Solutions EMEA & APAC.
The EV Sector Remains Hot in the Securities Lending Market. Will Tesla Join its Competitors on the Short Report?
In our latest analytical piece, Orbisa takes a deep dive into the electric vehicle sector and the prominent role it has played within the securities lending market over the past few years while exploring recent market movements seen in Tesla, Fisker, Rivian, Lucid Motors, Nikola and more.
EquiLend Spire Wins Best Middle-Office Platform
We are pleased to announce that EquiLend Spire has received the award for Best Middle-Office Platform in the WatersTechnology Asia Awards 2024!
Monthly Securities Finance Market Review: May 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance, highlighting May trends and some all-time highs seen for fixed income.
ORBISA ON MSTR
Orbisa insights dives into MicroStrategy Incorporated (MSTR), which has seen a steady increase in demand in the securities lending market in recent months, with the total quantity of shares borrowed up 7% and the borrow demand percentage up 6% month over month.
Regulatory Evolution Prompts a Shift in Electronic Trading Behavior in Securities Lending
In today’s Securities Finance Times ISLA Daily issue, EquiLend’s Mike Norwood, Head of Trading Solutions, reflects on some of the drivers behind the rise of fixed income lending in the global marketplace while highlighting the explosive 62% growth in fixed income volumes seen across NGT in 2024.
EquiLend and valid8Me Announce Strategic Partnership With Launch of Onboarding Platform, Onboard+
EquiLend, the global technology, data and analytics company for the securities finance industry, today announces its new partnership with the rollout of Onboard+, powered by valid8Me.