In our latest analytical piece, Orbisa explores chipmaker Nvidia (NVDA), showing short sellers were active in Nvidia with the quantity of shares on loan increasing over the past year before peaking at 24 million shares in March; however, with Nvidia’s share price riding the tailwinds of the AI boom, borrowing demand for shares has collapsed.
Global securities finance technology firm EquiLend and global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced an agreement to facilitate straight-through processing (STP) to the National Securities Clearance Corporation’s (NSCC) central counterparty (CCP) for equity securities finance transactions.
EquiLend’s Head of EquiLend Trading Solutions, Mike Norwood, shares his monthly market review for securities finance amid ongoing global and economic turbulence.
EquiLend was pleased to host Global Investor Group’s EU Beneficial Owners Roundtable at our London office recently. Dimitri Arlando, Head of Data & Analytics Solutions EMEA & APAC, was featured on the panel of industry experts.
Following the release of their Annual & Sustainability Report in April and a board decision to initiate a share savings program to raise capital in May, Hexatronic experienced significant price volatility resulting in increased borrowing demand.
The global securities finance industry generated $1.06 billion in revenue for lenders in May 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 15% increase from the $923 million generated in May 2022.
DataLend highlights the latest trends in securities finance for the Canada region.
Discover stock utilization & other key securities lending metrics with DataLend’s comprehensive guide, revealing market trends in securities finance & cash markets.
Orbisa provides robust metrics and intelligence for the buy-side enabling market participants to validate their short positions. Throughout Q1, Orbisa insights show a sustained increase in Utilization and Short Interest for C3.AI following a rise in share price.
EquiLend’s Emily Hollyoake, Head of CRM EMEA, discusses the value chain of EquiLend’s interconnected ecosystem of solutions, with our 1Source initiative sitting at the focal point as the single source of truth for the industry.
Mike Norwood, Head of EquiLend Trading Solutions, offers analysis on trading outcomes for securities finance amid a multitude of variables in the ongoing turbulent market conditions.
Renewed uncertainty in the banking sector has led to increased price volatility and lending demand in several regional banking securities. Orbisa data adds context to the dynamic situation as it unfolds.
We are excited to be a part of the Canton Network in partnership with Digital Asset and other participating firms across the industry.
Mike Norwood, Head of EquiLend Trading Solutions, dives into the key functionality, interconnectivity and enhancements on the horizon for EquiLend Competitive Bid, a new hybrid screen and messaging-based NGT workflow built for trading in the hard-to-borrow marketplace.
The global securities finance industry generated $1.05 billion in revenue for lenders in April 2023, according to DataLend, the market data service of fintech EquiLend.
In our latest analytical piece, Orbisa insights show spikes in both Utilization and Days to Cover for Nordex in early Q2 following a convertible debt issuance announcement, signaling an increase in borrowing demand, as reflected below in Orbisa data.
Kickstarting in mid-March 2023, NGT, EquiLend’s renowned trading platform, launched an exciting new workflow for clients – Competitive Bid. In an effort to drive greater automation in the specials market, Competitive Bid allows both Lenders and Borrowers to indicate hard-to-borrow flags when they initiate trades.
In a volatile macroeconomic environment, the fixed income market continued its robust securities lending performance in Q1 2023, generating $666 million in revenue, up 25% YoY. The period continued to be characterized by rising interest rates and inflation, forcing fixed income yields up and presenting an opportunity for directional trading.
The Data and Analytics division of EquiLend has observed many revenue-impacting corporate events in recent years; Naspers in 2021 and 3M last year, to name a few.
The collapse of Silicon Valley Bank sent shockwaves throughout both the U.S. and global financial sector. While the 2023 banking crisis will likely not be a watershed of the same magnitude as the collapses of 2008, it was a true test of the system and unsurprisingly had a significant impact on the securities lending market.
Mike Norwood, Head of EquiLend Trading Solutions, shares his monthly market review as we close out Q1 2023, a quarter that saw fast-moving markets and record highs in trading volumes amidst rate hikes from the Fed and continued global and economic turbulence.
The global securities finance industry generated $2.76 billion in revenue for lenders in the first quarter of 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 27% increase from the $2.17 billion generated in Q1 2022.
Regional bank stocks rebounded this week as news broke that First Citizens Bank (FCNCB) would acquire the deposits and loans of SVB. In part five of our Silicon Valley Bank analysis, Orbisa continues to track the impact of market movements across several banking securities signaling the momentum is largely mixed.
Part four of our Silicon Valley Bank analysis sees Orbisa tracking the continued impact of the banking turmoil on securities lending. Nearly two weeks after the collapse of SVB, our data analysts are closely monitoring both macro and security level momentum as seen in Orbisa.
Part three of our Silicon Valley Bank analysis sees the impact of the banking crisis widening on securities lending. Our data analysts explore the ripple effect of the crisis and how it continues to spread both domestically and abroad as seen in Orbisa.
In part two of our Silicon Valley Bank analysis, our data analysts take a closer look at the SPDR® S&P® Regional Banking ETF (KRE) while providing insight into the early warning signs in the securities lending market that could have alerted investors sooner as seen in Orbisa.
With the collapse of Silicon Valley Bank, our data analysts dive into Orbisa data over the last quarter uncovering a long tail story where the current market turbulence in the wake of SVB’s sell-off can be seen plotted out from as early as January 2.
In part two of our AMC and APE meme stock analysis, we take an in-depth look at the data behind the market movements from a securities lending perspective as seen in DataLend.
Tracking the news from SVB? Observed on Orbisa, SVB Financial Group, the holding company for Silicon Valley Bank, saw a 40% increase in utilization between March 8th and March 10th as its share price fell by 60% over the same time frame. Other regional banks and crypto-related institutions, like Signature Bank, have seen heavy price movements Monday morning, March 13th.
We are thrilled to announce that EquiLend’s Nancy Allen, Head of Data & Analytics Solutions, has been awarded Market Data Professional of the Year in the WatersTechnology Women in Technology & Data Awards!
Mike Norwood, Head of EquiLend Trading Solutions, gives his analysis of a short month of year-on-year gains and active global trading, with MEME stocks back in focus.
Looking for metrics to validate your short positions? In our latest analytical piece, Orbisa insights shows a drastic increase in Utilization for Cipher Mining (CIFR) at the offset of a reduction in lendable and an increase in borrow quantity in early 2023, with Days to Cover signaling higher trends to come.
The global securities finance industry generated $850 million in revenue for lenders in February 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 34% increase from the $634 million generated in February 2022.
EquiLend today announces that it has selected Digital Asset to provide the distributed ledger technology underpinning the EquiLend 1Source initiative.
In our latest insight piece, we unpack how regulation and new innovative solutions leveraging distributed ledger technology are serving as tools to deliver standardization while bringing efficiencies to the marketplace. EquiLend’s 1Source initiative is here to do just that and more, providing a “single source of truth” for the industry by eradicating reconciliation challenges.
EquiLend’s Yuka Hasumi, Head of Sales & CRM Japan, sat down with Securities Finance Times to discuss the details of our 1Source initiative and how it will transform the securities finance industry while reflecting on regulatory developments and the roadmap ahead for 2023 and beyond, seeing continued innovations across our entire ecosystem of solutions.
Mike Norwood, Head of EquiLend Trading Solutions, reflects on securities finance trading activity for January 2023, with the backdrop of interest rate increases from the FED and BOE.
At the recent Beneficial Owners’ International Securities Finance and Collateral Management Conference hosted by IMN, EquiLend’s Gary Klahr, Director of Strategic Initiatives, discussed the ways in which distributed ledger technology can be harnessed to address industry pain points while highlighting the efficiencies EquiLend’s 1Source initiative is bringing to the marketplace.
The global securities finance industry generated $890 million in revenue for lenders in January 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 27% increase from the $703 million generated in January 2022.
Orbisa provides premiere market intelligence for the buy-side through 37 curated data metrics. Across the final stretch of 2022, Orbisa insights shows upward trends for Microwave Chem Co in all 3 key metrics, including Utilization and Short Interest Indicator, signaling continued trends throughout January 2023.
DataLend provides best in class securities lending data, covering all asset classes, regions and markets globally. Here we analyze the recent performance of meme stocks AMC and APE as seen in DataLend.