Beyond Electronic Trading: The Digital Evolution of Securities Finance
Nick Delikaris, Chief Product Officer at EquiLend, explores how connected infrastructure, shared data, and digital market frameworks are reshaping securities finance.
Category: insight
Market Flash: Contemporary Amperex Technology (3750 HK)
EquiLend data shows borrow demand rising in CATL (3750 HK) even as shares hit record highs, signaling shifting positioning and near-term volatility risk.
Epic Fury, Meet Furious Shorts: Bears Waste No Time Piling In
Insight April 2026 The Purple Issue 22 Epic Fury, Meet Furious Shorts: Bears Waste No Time Piling In When the U.S. and Israel began strikes on Iran on February 28th, 2026, it triggered what the International Energy Agency has since described as the “greatest global energy security challenge in history”. The near-total closure, followed by a blockade of the Strait of […]
The Purple
In The Purple Issue 22, EquiLend Data & Analytics shows exactly where that revenue came from, across regions, asset classes, sectors and real-time demand. This is the same data firms use to track positioning, spot opportunities and react faster to market shifts.
Bridging the Short Interest Gap: EquiLend’s Predicted Short Interest Now Live!
Insight April 2026 The Purple Issue 22 Bridging the Short Interest Gap: EquiLend’s Predicted Short Interest Now Live! Market turbulence has a way of exposing what’s signal and what’s noise. Two months ago, amid heightened market volatility, EquiLend’s Predicted Short Interest went live and with multiple reporting cycles now closed, we now have our first real opportunity to […]
Securities Finance Market Review: Q1 2026
Insight April 2026 The Purple Issue 22 Securities Finance Market Review: Q1 2026 AI crowding, regional winners, and why borrow demand stayed busyMike Norwood, Head of EquiLend Trading Solutions | Max Baker, EquiLend Data & Analytics Product Specialist NGT Trading Volumes Q1 Trades Q1 Notional YoY Trade Growth March Record Month 11.34M $13.6T +25.58% 4.31M […]
Market Flash: Avis Budget Group (CAR US)
EquiLend data shows squeeze pressure building in CAR, with utilization above 90% and EquiLend’s Short Squeeze Score above 90 as shares surge and volatility stays elevated.
Market Flash: Hut 8 (HUT)
EquiLend data shows short positioning building in HUT, with borrow quantity up 371% into an April peak and borrow conditions tightening amid a strategy shift.
Market Flash: Delta Air Lines (DAL)
EquiLend data shows short positioning building in DAL, with borrow demand up 201% month over month as airline risk returns.
Monthly Securities Finance Market Review: March 2026
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his March securities finance market review, highlighting how macro volatility, rising energy prices, and credit repricing drove record activity across EquiLend NGT.
EquiLend: Global Securities Lending Revenue Reaches $3.84 Billion in Q1 2026
Global securities lending revenue reached $3.84 billion in Q1 2026, up 31% year over year, according to EquiLend Data & Analytics. Record loan balances and stronger activity across equities and fixed income helped drive the quarter.
Market Flash: Blue Owl Capital Corporation (OBDC) and Blue Owl Technology Finance Corp. (OTF)
EquiLend Real-Time Data shows a sharp intraday borrow surge in OBDC and OTF as markets focus on credit quality and potential NAV pressure.
Market Flash: Equinor (EQNR)
EquiLend data shows short positioning in EQNR fell sharply as shares rallied on North Sea news – then borrow demand began to rebuild.
Market Flash: Top Ships Inc. (TOPS)
EquiLend data shows short demand surging in TOPS as Hormuz risks rise, with Borrow Quantity jumping nearly 900% and Borrow Demand nearing 90%.
The T+1 Transition Priorities
Europe’s move to T+1 will fundamentally reshape post-trade operations. This white paper explains what breaks first, where risk concentrates, and how firms can prepare.
Monthly Securities Finance Market Review: February 2026
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his February securities finance market review, highlighting how sector rotation, artificial intelligence-driven dispersion, and shifting macro conditions shaped activity across EquiLend NGT.
APAC Securities Lending Trading Activity: Growth, Friction, and the Automation Imperative
APAC securities lending trading activity has undergone a structural shift over the past three years.
The Quiet Countdown to T+1 Settlement in Asia
The global move to T+1 settlement is no longer theoretical.
Market Flash: Iran + Oil & Gas
EquiLend data shows short demand building across Oil & Gas as markets react to rising risk, with utilization nearing max levels and real-time movers emerging today.
EquiLend: Securities Lending Generated $1.11 Billion in February
EquiLend Data & Analytics reports that securities lending revenue totaled $1.11 billion in February 2026 (+24% YoY) as average loan balances rose to $4.22 trillion. Equities generated $637 million in lender revenue (+26% YoY), while fixed income revenues rose to $234 million (+17% YoY), alongside regional highlights across North America, EMEA and APAC.
Market Flash: Digital Asset Holders Under Pressure
Crypto uncertainty remains and EquiLend highlights which holders of digital assets are under pressure.
The Next Frontier in Retail Brokerage Revenue
Retail brokerages face a revenue crisis hiding in plain sight.
A Review of the Canadian Securities Finance Market in 2025
A review of the Canadian securities finance market for the full year of 2025.
Market Flash on Blue Owl (OWL)
EquiLend Real Time Data shows short demand surged in OWL after withdrawal changes rattled investors, intensifying liquidity concerns across private credit.
Market Flash on Crypto Winter
EquiLend data shows short demand rising in COIN and DFDV even as crypto prices fall – a bearish divergence that may signal renewed “crypto winter” risk.
Monthly Securities Finance Market Review: January 2026
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his January securities finance market review, highlighting how 2025’s record momentum carried into the new year across EquiLend NGT.
Market Flash on Brand Engagement Network (BNAI)
EquiLend data showed squeeze risk building in BNAI as retail social activity surged ahead of a 277% move on Jan. 26.
Securities Lending Onboarding Is Holding Back Liquidity
Manual onboarding processes are slowing approvals, trapping inventory, and delaying revenue across the securities lending market.
EquiLend: Securities Lending Revenue Starts 2026 Strong with $1.24 Billion in January
Global securities lending revenue reached $1.24 billion in January 2026, up 32% year over year, with loan balances holding above $4 trillion, according to EquiLend Data & Analytics.
Market Flash on Critical Metals Corp. (CRML)
CRML is tightening fast. EquiLend data points to a potential supply crunch as borrow demand climbs and utilization nears max levels amid Greenland-related uncertainty.
Predicted Short Interest: A New Lens on Market Positioning
Understanding short interest is critical, yet traditional short interest data has significant limitations as it is infrequent and heavily delayed.
2025: The Year AI Reshaped the Lending Landscape
2025 was a defining year for AI-linked equities. Markets aggressively rewarded companies positioned across the entire value chain, from compute infrastructure and semiconductors to enterprise services and quantum technology.
2025 Year in Review: What Drove a Record-Breaking Year for Securities Lending Revenue?
The curtain has closed on 2025 — and what a year it was for global securities finance.
Market Flash on Innovative Eyewear, Inc. (LUCY)
Innovative Eyewear (LUCY) tightened rapidly in about 72 hours, with EquiLend Utilization jumping from 17% to 98% and Cost to Borrow rising to 253%. EquiLend data points to a potential squeeze setup as borrow quantity neared 1M shares.
Monthly Securities Finance Market Review: December 2025
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance, highlighting December trends and records seen across NGT.
Automating SSIs: Why the EquiLend-SSImple Offering Matters for T+1 and Beyond
As the securities finance industry prepares for the transition to T+1 settlement in the UK, Europe and Switzerland by October 2027, operational efficiency and accuracy are coming under increased scrutiny.
Market Flash on U.S. Oil and Gas Drilling
In the lead-up to the capture of Venezuelan President Nicolás Maduro, there was a sharp unwinding of short positions in the U.S. Oil and Gas Drilling sector, as evidenced by EquiLend’s premier Data & Analytics platform.
EquiLend: Securities Lending Revenue soars to all-time highs of $15.3 Billion
Global securities lending revenue climbed to a record $15.3 billion in 2025, according to EquiLend Data & Analytics, representing 26% year-over-year growth and a 13% increase over the previous high set in 2023.
EquiLend Invests in Digital Prime Technologies to Advance Institutional Tokenized-Asset and Digital-Markets Infrastructure
EquiLend, a global financial technology, data and analytics company for the securities finance industry, announced a strategic investment in Digital Prime Technologies, a U.S.-regulated provider of institutional crypto financing and prime brokerage technology, to advance institutional tokenized-asset and digital-markets infrastructure.
Monthly Securities Finance Market Review: November 2025
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance, highlighting November trends seen across NGT. The following data has been measured and derived from EquiLend NGT.
Market Flash on IRBT
EquiLend’s data, reported in real time, revealed iRobot’s borrow costs spiked 4,700% this month, but traditional short-interest reports won’t show that for weeks.