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, regional market shifts, and growing demand across equities, ETFs, and fixed income.
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, and the kind of volatility that provides opportunity for the market.
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.
Stocks are moving ahead of kickoff. EquiLend Data & Insights highlights World Cup 2026 winners and losers through borrow activity, utilization and short interest signals.
EquiLend’s Nancy Allen joined Bloomberg’s The Close on May 26, 2026 to discuss what securities lending data is telling us about market conviction right now, from short interest trends to AI infrastructure plays.
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”.
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 evaluate how those early estimates stack up against subsequently released exchange and FINRA data.
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 Q1 2025 and 8.3% versus Q4. March alone reset the bar at 4.31 million trades and $5.22 trillion in notional. On March 23rd, the platform recorded its busiest single day ever with 226,370 trades printed.
A review of the Canadian securities finance market for the full year of 2025.
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 services and quantum technology.
The curtain has closed on 2025 — and what a year it was for global securities finance.
Insight Nov 2025 Vaibhav Garg Shaping Smarter Securities Finance Strategies with EquiLend Real-Time Data Real-time data unlocks faster decision-making, stronger risk management and more profitable trading strategies backed by continuous, real-time data flow. In today’s compressed settlement cycles, volatile markets and regulatory-driven deadlines, access to intraday insights is the only way to capture opportunities and […]
EquiLend’s Nancy Allen was invited by The Journal of Securities Operations & Custody to share her insights on how securities finance data is powering smarter trading and investment strategies.
Insight Aug 2025 Vaibhav Garg The Future of Securities Finance: How EquiLend’s AI Assistant Can Redefine Data, Insights & Client Value Securities finance professionals are swimming in oceans of data: short interest signals, lending fees, macro signals, modelling data and often searching across data silos. The real problem is having enough time to turn that […]
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 […]
In the wake of President Trump’s announcement of prescription price reform, the S&P 500 Pharmaceutical Industry Index fell more than 5% over the following 3 days trailing the broader index by nearly 9% over that span.
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 tools while today’s macroeconomic volatility provides prime conditions for short selling.
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 revenue of $569 million.
EquiLend Short Squeeze Score | Designed to provide early warning signals of potential short squeezes, using both comprehensive securities finance data and social media sentiment data.
EquiLend Orbisa | Short-interest corporate bond data in real-time. Access market signals in security-level liquidity, financing cost and approximate short interest to proactively navigate the global credit markets.
DataLend highlights the latest trends in securities finance for the Canada region.
After aggressively hiking interest rates to a 10-year high of 5.5%, the U.S. Federal Reserve started 2024 in a holding-pattern of sorts. Inflation measures were cooling, but the American consumer was still feeling the pain of high prices.
With two months now elapsed since the 2024 U.S. presidential election, policy shifts planned by the incoming administration have begun to come into focus, and broader financial markets have reacted in kind. While the implications of a potentially dramatic shift are only beginning to be realized, there are key signals and themes which can already be observed within the securities finance market.
As U.S. equity markets rallied in 2024, securities lending revenue for U.S. equities faced significant challenges, with Q4 revenue down 7% year-over-year (YoY), contributing to a total annual decline of 17%. A 22% drop in fees drove the decrease and offset a 5% increase in balances, which was driven by increased valuations.
While global securities lending revenue faced headwinds in 2024, the Asia-Pacific (APAC) region showed resilience, experiencing a comparatively modest 1.8% year-over-year (YoY) decline to $2.1 billion. The majority of revenue was generated by equities, contributing $2 billion, representing a 0.3% YoY decline. A 3.3% increase in fees was offset by a 3.8% decrease in on-loan balances.
EquiLend Orbisa analyzes shares of Trump Media & Technology Group (DJT) and other stock names as the effects of the U.S. 2024 election ripple through securities finance.
U.S. equities, which generated 44% of global securities finance revenue, continued to cool year-over-year. With a strong run for U.S. stocks, one that has seen a 20% return for the S&P 500 year-to-date, and inflation concerns beginning to abate, the “Specials” side of the U.S. securities lending market has been understandably quieter after an economically tumultuous 2023.
With diverse businesses and roles within the securities lending marketplace, all having unique data requirements, users need access to customizable and dynamic tools that cater to their needs.
September 19th, 2024, marked the first time the Federal Reserve cut interest rates since March 2020. They set the new target rate between 4.75% and 5.00%, a reduction of 50 bps from the previous level of 5.25% to 5.50%.
The Asia-Pacific (APAC) region saw the steepest decline in lending revenue in Q3 2024, with revenue dropping by 7.2% YoY to $560 million.
As the second quarter ends, EquiLend Data & Analytics looks back on the performance of the securities lending market during an eventful three-month period.
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.
The first half of 2024 offered a host of trending securities which helped drive volumes and ultimately revenue in the securities finance market.
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.
DataLend highlights the latest trends in securities finance for the Canada region.