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.
Category: insight
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!
DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend.
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.
EquiLend Spire: Centralizing Securities Finance in a Connected World
EquiLend’s Armeet Sandhu, CEO of Stonewain Systems, an EquiLend Company, dives into our robust EquiLend Spire solution designed to streamline the entire securities finance lifecycle, offering firms a competitive advantage with Securities Finance Times.
ORBISA ON GME PART 3
Part three of our Orbisa Take Notes on GME dives into the rollercoaster ride for GameStop (GME) which rumbled along as its share price rocketed on Monday.
DataLend: May 2024 Securities Lending Revenue Down 16% YoY to $895 Million
The global securities finance industry generated $895 million in revenue for lenders in May 2024, according to DataLend, the market data service of fintech EquiLend.
ORBISA ON GME PART 2
Part two of our Orbisa Take Notes on GME shows that the rally for meme stocks may have ended just as quickly as it began, with shares of GameStop Corporation (GME) falling roughly 46% in the last week.
Monthly Securities Finance Market Review: April 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.
T+1 Unlocked: Navigating the Shift to Expedited Settlement
In the ever-evolving landscape of securities finance, the introduction of T+1 settlement has proven to be a flash point for the industry.
ORBISA ON GME
Orbisa insights observed increased securities lending activity for “Meme Stocks,” principally GameStop Corporation (GME), following a surge in retail trading volumes.
ORBISA ON DJT PART 2
Following our previous Take Notes on DJT, Orbisa takes a deeper dive as the financing rate for DJT in the securities lending market has again risen sharply as the stock’s price rallied from a significant slide in April.
DataLend: April 2024 Securities Lending Revenue Down 20% YoY to $846 Million
The global securities finance industry generated $846 million in revenue for lenders in April 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% decrease from the $1.05 billion generated in April 2023.
EquiLend Statement on FINRA’s Proposed Rule 6500 Series (SLATE)
EquiLend notes that FINRA has published proposed Rule 6500 Series designed to support reporting of securities loans under SEC Rule 10c-1a.
Demystifying 10c-1a: EquiLend Navigates the Path to Transparency Part 2
We previously highlighted the challenges relating to effected vs. settlement, omnibus vs. allocation trades and rules for reporting evergreen trades under the SEC’s 10c-1a final rule. As we inch closer to the May 2 publication date of FINRA’s 10c-1a rule interpretation, we explore 3 additional ambiguities that, without clarification, could hinder a smooth compliance.
ORBISA ON DJT
Orbisa insights dives into Trump Media & Technology Group (DJT), owners of Truth Social, which has seen volatile activity and significant fees in the lending market following the company’s NASDAQ listing.
Monthly Securities Finance Market Review: March 2024
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance, highlighting trends throughout March alongside recent record highs seen across NGT.
Books and Records Management for Securities Finance
Discover how EquiLend Spire’s bookkeeping and document storage solution can help protect your firm’s records from destruction, tampering and unauthorized intrusion. Stay compliant with ease!
Demystifying 10c-1a: EquiLend Navigates the Path to Transparency
EquiLend’s Kevin McNulty, Head of RegTech Solutions, dives into some of the intricacies of 10c-1a implementation while providing an analysis of the challenges and how EquiLend’s 10c-1a solution will support clients reporting needs.
Infographic: Canada Securities Finance
DataLend highlights the latest trends in securities finance for the Canada region.
Real-Time Inventory Management with EquiLend Spire: Unlocking Advanced Functionality
Securities lending has undergone a significant transformation over the past three decades. From the sluggish pace of the T+5 settlement cycle, the industry is now accelerating to the brisk efficiency of T+1 settlements, reflecting a broader shift towards efficiency and precision.
EquiLend Cyber Security Incident Frequently Asked Questions
EquiLend Cyber Security Incident Frequently Asked Questions Updated February 25, 2024 What happened? In January, EquiLend identified a ransomware incident affecting functionality of portions of our platforms and certain services. We immediately engaged third-party cybersecurity experts and launched an investigation into the nature and scope of this incident. As part of our swift response, we […]
EquiLend Cyber Security Incident
EquiLend Cyber Security Incident This is the dedicated webpage for information relating to a cybersecurity incident that temporarily impacted some EquiLend services in late January and early February 2024. All EquiLend services are now available, and many of our clients have reconnected and are active on the platform. We have implemented a number of hardening […]
EquiLend to Be Acquired by Welsh, Carson, Anderson & Stowe
EquiLend, the global technology, data and analytics company for the securities finance industry, today announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company.
ORBISA ON ARM
Orbisa explores Arm Holdings plc (ARM), a British semiconductor and software design firm, which has seen a steady increase in activity in the securities lending market following an IPO in September 2023.
EquiLend Awarded Great Place to Work Certification
EquiLend is excited to announce that we have been awarded the Great Place to Work® Certification in the United States, United Kingdom, Ireland and India!
EquiLend Spire: Reinventing the Securities Finance Landscape with Tech Innovation
Discover how EquiLend Spire can revolutionize your securities finance business processes. Read more to learn about its comprehensive modules and functionality.
DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022
The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a record high since DataLend began recording annual revenue a decade ago.
SEC Rule 10c-1a: Exploring its Purpose, Scope and the Legal Challenge to its Implementation
In our latest analytical piece, we explore the purpose, scope and legal challenges surrounding the implementation of SEC Rule 10c-1a while diving into how EquiLend’s ecosystem of solutions is uniquely positioned to help the market comply with 10c-1a’s reporting requirements.
Monthly Securities Finance Market Review: November 2023
EquiLend’s Mike Norwood, Head of Trading Solutions, shares his monthly market review for securities finance, highlighting trends seen throughout November.
DataLend: November 2023 Securities Lending Revenue Down 4% YoY to $781 Million
The global securities finance industry generated $781 million in revenue for lenders in November 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 4% decrease from the $811 million generated in November 2022.
ORBISA ON CAVA
Orbisa insights dives into Cava Group (CAVA), operators of the popular fast-casual Mediterranean restaurant chain.
Monthly Securities Finance Market Review: October 2023
EquiLend’s Mike Norwood, Head of Trading Solutions, shares his monthly market review for securities finance, highlighting trends seen throughout October.
Orbisa on Finnair
Orbisa explores Finnair, the majority state-owned and largest airline in Finland, which has seen a significant increase in lending activity in recent weeks.