The Purple
Inside the Financing Markets: The Purple Issue 23 explores what’s driving this record performance, from geopolitical volatility and interest rate uncertainty to AI trade rotation,
July 2026
Inside the Financing Markets: The Purple Issue 23 explores what’s driving this record performance, from geopolitical volatility and interest rate uncertainty to AI trade rotation,
Six months ago, we wrote about how AI-linked equities had redefined the securities lending landscape in 2025, a year shaped by speculative positioning, breakout IPOs,
H1 2026 was one of the most active periods for new equity issuance on record.
The global securities lending industry just wrapped up its strongest first half on record.
Three years ago, Saudi Arabia’s lending market barely registered a blip in global data.
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
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
Q1 did not tiptoe into 2026; it kicked the door in. NGT processed a record 11,335,376 trades against $13.6 trillion in notional, up 25.58% versus

Understanding short interest is critical, yet traditional short interest data has significant limitations as it is infrequent and heavily delayed.

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

The curtain has closed on 2025 — and what a year it was for global securities finance.

Insight July 2025 The Purple A Market’s Maturation: The Continued Growth of ETF Securities Finance The long-term growth of the Exchange-Traded Fund (ETF) market is one of the most significant structural developments in modern finance. As ETFs have become foundational components of institutional portfolios, the ecosystem supporting them has matured in tandem. A key part

Insight July 2025 The Purple Tariff Turbulence: How Trade Wars Reshaped Securities Lending in H1 2025 The securities lending market thrives on market volatility and since Trump took office the VIX volatility index peaked to levels not seen since March 2020, when COVID rattled the globe. According to President Trump, “Tariffs is the most beautiful

Insight July 2025 The Purple H1 2025: Securities Lending Market Revenue EquiLend looks back on the drivers of lending revenue in the first half of 2025 in the 19th Edition of EquiLend The Purple. As we arrive at the midway point of 2025, trade and market volatility remain the global topics of conversation. The Trump

The first quarter of 2025 was a period of heightened volatility and uncertainty for global markets, driven by a confluence of macroeconomic and geo-political factors.

Navigating short interest in the corporate bond market can be filled with risk. The lack of transparency and public reporting forces investors to use limited

In Q1 2025, the lending of APAC equities bolstered revenue for the rest of the securities finance market by reporting a 29% increase in year-over-year

EquiLend Short Squeeze Score | Designed to provide early warning signals of potential short squeezes, using both comprehensive securities finance data and social media sentiment
