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.
Category: insight
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.
Accelerated Settlement: Evaluating Preparations for T+1 in the U.S. and Canada
At the recent Sibos Conference in Toronto, EquiLend’s Mike Norwood, Head of Trading Solutions, participated in a roundtable with Securities Finance Times to discuss the imminent launch of T+1 settlement and how firms can start preparing now.
DataLend: October 2023 Securities Lending Revenue Down 4% YoY to $751 Million
The global securities finance industry generated $751 million in revenue for lenders in October 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 4% decrease from the $781 million generated in October 2022.
Data & Analytics – DataLend’s New User Interface
The new and improved Data & Analytics User Interface has been designed with client feedback in mind, delivering a user-friendly UI which provides access to more data than ever before.
Supporting Regulation With Real-Time Data
In the decade since DataLend launched, the regulatory landscape of the securities finance industry has changed dramatically with MIFID I and II, CSDR and SFTR adding greater transparency across the sector.
Asia-Pacific: Q3 Performance YoY
The APAC region has been a hot topic for the securities lending industry for many years, with markets in the region being characterized by varying tax treatments, settlement requirements, collateral margins, and short selling restrictions.
Will IPOs Return as a Feature of the Stock Lending Playbook?
A sleepy IPO market is beginning to stir; DataLend looks at the impacts of IPOs in securities lending.
EquiLend Statement on SEC Rule 10c-1 Announcement
EquiLend notes that the SEC approved Rule 10c-1 and its securities lending reporting framework.
Monthly Securities Finance Market Review: September 2023
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance with some change of pace for September trading after a hot summer for markets.
1Source: Reconciliations and Transaction Breaks a Thing of the Past? As Featured in Securities Finance Times
In today’s Securities Finance Times RMA issue, EquiLend’s Ken DeGiglio, Chief Information Officer, reflects on the journey of EquiLend’s transformative 1Source initiative and the efficiencies it’s bringing to the marketplace by eliminating reconciliations for securities lending transactions.
Orbisa on KMW Inc
Orbisa dives into KMW Inc (KS), a Korean IT company specializing in the manufacturing and distribution of wireless communication equipment, which recently experienced a 17-fold increase in its average trading volume since the beginning of September.
The Numbers Behind Tokenization: The ValueExchange
In a recent discussion with The ValueExchange and Digital Asset, EquiLend’s Ken DeGiglio, Chief Information Officer, dives into the details of EquiLend’s 1Source initiative.
DataLend: Securities Lending Revenue Rose 1% Year-Over-Year to $2.65 Billion in Q3 2023
The global securities finance industry generated $2.65 billion in revenue for lenders in the third quarter of 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 1% increase from the $2.63 billion generated in Q3 2022.
EquiLend’s Mantle on How T+1 is Being Managed: Finadium
EquiLend’s Gabi Mantle, Head of Post-Trade Solutions, sat down with Finadium to discuss the imminent launch of T+1 and how firms are gearing up for the change ahead of May 2024.
10c-1 is Approaching: What Should the Market Expect?
EquiLend’s Kevin McNulty, Head of RegTech Solutions, reflects on speculation around the proposed SEC 10c-1 rule while considering the impact on markets and liquidity.
SFTR and SEC Rule 10c-1: Two Roads to the Same Destination
In our latest insight piece, we explore the impacts of the Securities Financing Transaction Regulation (SFTR) in the EU and UK, and the potential implementation of mandatory reporting for securities lending transactions in the U.S. under the proposed SEC 10c-1 rule.
ORBISA ON ASENSUS SURGICAL
In our latest analytical piece, Orbisa explores Asensus Surgical (ASXC), a medical device company that recently saw a jump in stock price following a September 7 collaboration announcement with NVIDIA (NVDA).
Monthly Securities Finance Market Review: August 2023
EquiLend’s Head of Trading Solutions, Mike Norwood, shares his monthly market review for securities finance with some surprises for August trading.
DLT-Based EquiLend 1Source Pilot Kicks Off With Broad Industry Participation
EquiLend, the global technology, data and analytics company for the securities finance industry, today announced that the pilot of the distributed ledger technology (DLT) based EquiLend 1Source has successfully commenced.
DataLend: August 2023 Securities Lending Revenue Up 8% YoY to $945 Million
The global securities finance industry generated $945 million in revenue for lenders in August 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents an 8% increase from the $878 million generated in August 2022.
WeWork’s Warning Turns Short-Sellers’ Attention to Commercial Real Estate Sector
The well-documented rise and tumultuous fall of WeWork (WE) is potentially concluding with the co-working company releasing a statement on August 15 warning investors that it had “substantial doubt” regarding its ability to remain solvent among the precarious commercial real-estate environment and mounting losses.
SSImple Powers EquiLend’s SSI Repository and Management Solution
SSImple, a SaaS DLT platform that aims to fundamentally change the way standing settlement instructions (SSIs) are stored, shared, and enriched across the financial services industry, today announced it has partnered with the global securities finance technology firm EquiLend to power an enhanced SSI repository and management solution.
ORBISA ON SCIENTECH
Orbisa dives into Scientech Corporation, a Taiwanese manufacturer of silicon wafers, whose loan activity has been on the rise throughout Q3, with actively lent shares increasing from 603K to 1.8 million to date.
Digital Transformation: Solutions with Substance for Securities Finance: Global Investor Securities Finance Asia Pacific Guide 2023
EquiLend’s Andrew McCardle, Head of EquiLend Asia, sat down with Global Investor Group to discuss the role of digital transformation in the ever-evolving securities finance landscape while reflecting on EquiLend’s pivotal role in the early days of digital transformation 22 years ago.