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Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

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EDINBURG, Va., Feb. 21, 2024 /PRNewswire/ — Glo Fiber Business, powered by Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN), is proud to announce an agreement with CoreSite to securely connect business customers with reliable, scalable colocation services at their Washington, D.C. campus.

The CoreSite colocation will benefit Glo Fiber Business customers by providing a local, direct and secure data exchange in Washington, D.C., ensuring that businesses can seamlessly connect directly to major cloud providers including Amazon, Google, Microsoft, Oracle and IBM. The D.C. campus meets FISMA and FedRAMP deployment requirements, as well as private enterprise standards and data sovereignty laws, making it ideal for government entities, financial institutions and enterprises.

“Glo Fiber Business continues to expand its fiber network reach, data center choices and state-of-the-art services to support our rapid customer growth,” said Craig Venable, Vice President of Commercial Sales. “Companies, municipalities and educational institutions of all sizes will benefit from our partnership to leverage peering services and direct cloud connectivity in the CoreSite Washington, D.C. Data Center.”

“CoreSite and Glo Fiber Business are aligned in our commitment to deliver mission-critical infrastructure and optimal service to our customers so they can accelerate their time-to-market and improve their competitive edge,” said Maile Kaiser, Chief Revenue Officer at CoreSite. “Working with Glo Fiber Business will provide additional fiber connectivity to our customers while Glo Fiber Business customers will be able to take advantage of the robust ecosystem, enhanced connectivity and cloud access offered by CoreSite.”

Glo Fiber Business is known for its outstanding local customer service, best-in-class reliability and a wide range of industry-leading services and connectivity options throughout Virginia, Pennsylvania, Maryland, West Virginia and Kentucky.

The CoreSite Washington, D.C. data center campus provides data center services, colocation services and meet-me-room facilities to customers throughout the region. The CoreSite campus also facilitates the secure interconnection of domestic fiber networks, cloud and AI providers throughout the United States.

For more information about Glo Fiber Business, please visit www.GloFiberBusiness.com or call 1-833-WANTGLO (1-833-926-8456).

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About Glo Fiber Business
Glo Fiber Business provides advanced data and voice services for businesses, municipalities and educational institutions via a MEF-certified network with over 9,300 route miles of fiber. Services include fiber-optic connectivity, dedicated internet access, VoIP, managed services and network security options that are customized based on customers’ needs. As part of Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN), Glo Fiber Business delivers cost-effective, quality internet and data solutions to commercial customers of all sizes in VA, PA, MD, WV and KY.

About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber-optic and cable networks to customers in the Mid-Atlantic United States. The Company’s services include: broadband internet, video, and voice; fiber optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 9,300 route miles of fiber and 220 macro cellular towers. For more information, please visit www.shentel.com.

About CoreSite

CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Our highly interconnected data center campuses offer a native digital supply chain featuring direct cloud on-ramps to enable our customers to build customized hybrid IT infrastructure and accelerate digital transformation. For more than 20 years, CoreSite’s team of technical experts has partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge. For more information, visit CoreSite.com and follow us on LinkedIn and Twitter.

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SOURCE Shenandoah Telecommunications Company

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DataLend: 2024 Securities Lending Revenue Down 10% YoY to $9.64 Billion

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Lending revenue dips against backdrop of record-high indices

NEW YORK, Jan. 3, 2025 /PRNewswire/ — The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 10.3% decrease from the $10.74 billion generated in 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $2.57 billion in revenue for 2024, a 9.9% decrease from 2023.

Equity lending revenues fell 13% globally, with North America revenue declining 15% and EMEA revenue dropping 24%. In North America, the cause for the revenue decline was a 19% decrease in average fees, while in EMEA, fees and balances decreased 16% and 11%, respectively. Equity lending revenues in APAC were largely flat year-over-year.

Global sovereign debt revenue increased by 8% over 2023, with U.S. treasuries making up the lion’s share of the gains. Treasuries were up 16% year-over-year, driven by a 14% growth in balances.

In corporate debt lending, global revenue declined by 21% as a regression from a record 2023 continued. Fees were the main culprit, with a steep 29% decrease driving the year-over-year decline in revenue.

The top five earning securities in 2024 were Sirius XM Holdings (SIRI US), Lucid Group (LCID US), Beyond Meat Inc. (BYND US), Tempus AI Inc. (TEM US) and Trump Media & Technology Group (DJT US). The five securities in total generated $644 million for lenders over the course of 2024, a significant dip from the $1.11 billion generated by 2023’s top five earners.

Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA <GO> or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.

About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com 

About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. EquiLend has offices in North America, EMEA and Asia-Pacific and is regulated in jurisdictions around the globe. www.equilend.com

 

SOURCE EquiLend

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Automatic Doors Market, 31% of Growth to Originate from Europe, Technavio

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global automatic doors market size is estimated to grow by USD 8.56 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of over 6.9% during the forecast period.

For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report

Report Attribute

Details

Base Year

2024

Forecast period

2025-2029

Historic Data for

2019 – 2023

Segments Covered

End-user (Commercial, Industrial, and Residential), Product (Sliding doors, Swing doors, Folding doors, Revolving doors, and Others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa)

Key Companies Covered

Allegion Public Ltd. Co., ASSA ABLOY AB, Auto Ingress Pty Ltd, Avians Innovations Technology Pvt. Ltd., Deutschtec GmbH, Dormakaba Holding AG, FAAC S.P.A., GEZE GmbH, JM Entrance Automation Pvt. Ltd., KBB International Co. Ltd, KONE Corp., Landert Group AG, MANUSA GEST SL, Nabtesco Corp., Ningbo Meibisheng Auto gate Co. Ltd., Ningbo Ownic Technology Door Ltd., Ozone Overseas Pvt. Ltd, PortaFab Corp., Royal Boon Edam International BV, and Vina Sanwa

Regions Covered

Europe, North America, APAC, South America, and Middle East and Africa

Region Outlook

North AmericaEuropeAsiaRest of World

1. Europe – Europe is estimated to contribute 31%. To the growth of the global market. The Automatic Doors Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. 

The European automatic doors market is experiencing steady expansion, driven primarily by the UK, Germany, France, Italy, and the Netherlands. These countries’ construction sectors are major consumers of advanced technologies, including automatic doors. Germany, Switzerland, the Netherlands, the UK, and France collectively account for a significant portion of the European automatic doors market. The demand for automatic doors in Europe is fueled by the presence of numerous European players and the region’s status as a global leader in adopting advanced technologies for residential and commercial building construction.

For more insights on Europe’s significant contribution along with the market share of rest of the regions and countries – Download a FREE Sample

Segmentation Overview

End-user 1.1 Commercial1.2 Industrial1.3 ResidentialProduct 2.1 Sliding doors2.2 Swing doors2.3 Folding doors2.4 Revolving doors2.5 OthersGeography 3.1 Europe3.2 North America3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Fastest growing segment:

Automatic doors are essential in the commercial sector due to their safety, security, and convenience features. These doors are widely used in areas requiring hygienic conditions, such as hospitals, food processing units, and public transit systems. In commercial buildings, automatic doors are implemented for quick evacuation during emergencies, ensuring the safety of occupants. Touch-free activations like foot sensors and hand-wave sensors offer added convenience for staff. Automatic doors are also popular in areas with entry and exit barriers, such as parking plazas and toll plazas. The versatility and smart features of automatic doors are driving their demand in the commercial segment, making it a significant growth area in the global automatic doors market.

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

Research Analysis

The Automatic Doors market encompasses a wide range of applications including malls, airports, hotels, multiplexes, restrooms, hospitals, and smart home applications. These doors offer convenience, accessibility, and safety for individuals, making them an essential component of modern infrastructure. Automatic doors come in various types such as entry systems and exit systems, with mechanisms that include sensors like photoelectric and infrared. They can be operated manually or automatically, with cable-free operation being a popular choice for smart home automation. Automatic doors provide energy efficiency, adding to their appeal, and are integral to smart building solutions. Raw materials used in their production include metals, glass, and plastics. The market continues to evolve, offering customized solutions to meet the diverse needs of various industries.

Market Overview

The Automatic Doors market is witnessing significant growth due to the increasing demand for convenience, accessibility, and safety in various sectors. Automatic doors are increasingly being used in malls, airports, hotels, multiplexes, restrooms, hospitals, and other commercial buildings. Infrastructure development projects, railway stations, shopping malls, educational institutions, and transportation infrastructure are some of the major applications driving the market’s growth. Automatic doors offer several benefits, including energy efficiency, safety mechanisms, and seamless experience. They come in various types, such as sliding automatic doors, manual operation, and sensor-based types. The market also offers customized solutions for individuals and smart home applications. Raw materials used in automatic doors include metal and glass, while mechanisms include photoelectric sensors, infrared sensors, and cable-free operation. Automated solutions and smart building solutions are also gaining popularity. The transportation sector is a significant consumer of automatic doors due to building safety regulations and consumer spending power. Automatic doors offer privacy and security with opaque panels and emergency departments, critical care units, patient care, and emergency teams benefit from quick response times and sensor-based types. Automatic doors are also used in public places such as theaters, grocery stores, and laboratories to ensure a seamless experience and prevent cross-contamination and germs. Maintenance charges are a concern, but the benefits of automatic doors outweigh the costs.

Start exploring market insights by Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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FalconX Expands Global Derivatives Footprint with Acquisition of Arbelos Markets

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SAN MATEO, Calif., Jan. 2, 2025 /PRNewswire/ — FalconX, a leading digital asset prime broker, today announced its acquisition of Arbelos Markets, a trading firm specializing in crypto derivatives led by industry veterans Joshua Lim, Shiliang Tang, and Sergio Almada Monter. FalconX operates FalconX Bravo Inc., the first CFTC approved swap dealer focused on cryptocurrency derivatives, and this acquisition further reinforces the firm’s commitment to expanding its derivatives business and strengthens its position as one of the largest crypto derivatives dealers in the market.

The institutional market has seen significant growth in the last year, driven by positive regulatory momentum along with the growth of ETF and derivatives markets. Similar to traditional asset classes, crypto derivatives will continue to scale to be many multiples of spot markets. FalconX has built a leading position in the derivatives market, consistently ranking as one of the top liquidity providers on Deribit. This acquisition will further enhance FalconX’s capabilities to provide customers with access to deeper liquidity and bespoke derivatives solutions, supporting institutions with a more sophisticated and diversified range of trading strategies.

“With over 60% of global derivatives trading activity happening OTC in traditional markets, this acquisition solidifies FalconX’s position as the go-to platform for derivatives liquidity”, said Raghu Yarlagadda, CEO of FalconX. “Combining Arbelos’s systematic trading expertise with FalconX’s broad client base, large balance sheet, and regulatory leadership, we’re uniquely positioned to address the growing demand for complex trading strategies and bespoke products. Together, we hope to set a new standard for transparency, scale, and innovation in digital asset markets.”

Arbelos Markets has established itself as a leading derivatives trading firm across exchanges and bilateral markets. Since its inception in 2023, it has consistently ranked as the number 1 liquidity provider globally in large options blocks. The firm enables access to liquid trading opportunities across crypto-native and traditional venues as well as on-chain protocols. This cross-market capability has made Arbelos a trusted partner for many counterparties exploring emerging digital asset opportunities.

“Joining forces with FalconX achieves our shared mission of offering deep market liquidity, creative risk-expression strategies and hedging tools, and transparency to the crypto derivative markets,” said Joshua Lim, CEO of Arbelos Markets. “This combination comes at a critical moment for our industry, with the advent of crypto ETFs, pending regulatory clarity, and an increasing acceptance of crypto‘s diversifying role in cross-asset portfolios.”

About FalconX

FalconX is a leading digital assets prime brokerage providing trading, financing, and technology to the world’s leading institutions. FalconX Bravo, Inc., a FalconX affiliate, was the first

CFTC-registered swap dealer focused on cryptocurrency derivatives. We provide the most comprehensive access to global digital asset liquidity. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock.

The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore and Valletta. For more information visit falconx.io or follow FalconX on X and LinkedIn.

About Arbelos Markets

Arbelos Markets is a principal liquidity provider in crypto derivatives markets. The firm provides around-the-clock liquidity across centralized markets, on-chain protocols, and more bespoke hedging and yield generation solutions. Its team of traders and quantitative engineers has experience across high-touch franchise trading, bespoke products, and electronic

market-making. Arbelos is backed by leading crypto investment firms including Dragonfly, Room40 and Selini, and strategic corporate partners including Circle, Paxos, FalconX, Deribit, Chorus One, Polygon, StarkWare, Immutable. For more information, visit https://arbelos.xyz/

Media Contact:
media@falconx.io

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SOURCE FalconX

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