The derivatives marketplace said 2,587 contracts were traded across its suite of battery metals futures and options, surpassing the previous record of 2,301 contracts set on 11 February. Open interest also reached a new peak of 64,387 contracts. “These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached…
Read moreThe company revealed that trading on the NYSE is set to begin on 17 June 2025 under the ticker symbol VIRT. The move will mark the end of Virtu’s decade-long listing on Nasdaq, which is expected to cease on 16 June. “We are excited to begin this next chapter of Virtu’s journey on the New…
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The move expands their suite of benchmarks to cover over 96% of the investible cryptocurrency market. The new indices, which are not tied to tradable futures products, aim to provide transparent, reliable pricing for institutional investors and other market participants. "Our new benchmarks are designed to provide clear and transparent pricing data to a broad…
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The solution is aimed at streamlining the investment fund landscape in Singapore. The new offering combines Euroclear’s global fund platform, FundsPlace, with Marketnode’s blockchain-enabled infrastructure, Fundnode. The companies said it is expected to simplify the lifecycle of retail and institutional fund orders. The service aims to reduce manual processing, improve reconciliation, and accelerate settlement times.…
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It will conclude a six-year tenure for Wellauer at the helm of the Swiss financial market infrastructure provider. He informed the Board of Directors that he will not stand for re-election, initiating a leadership transition process. Wellauer was appointed chairman in 2020 with a mandate to position SIX for long-term strategic and operational success. Under…
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As a member, Euroclear Bank will now participate in both the specials and €GCPlus segments of the RepoClear SA service, gaining access to Europe’s largest cleared liquidity pool. The move is expected to deliver capital and operational efficiencies while enhancing Euroclear’s risk management capabilities. GC Plus, the tri-party general collateral repo clearing service developed jointly…
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The inclusion will see AIM-listed stocks available on a range of Cboe platforms, including the Lit and Dark order books, the Periodic Auction book, the Closing Cross (3C), and Cboe BIDS Europe. The exchange added that the securities will also be reportable as Exchange Trade Reports (ETRs). Cboe confirmed that standard trading hours will apply,…
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The firm revealed that the offering is being conducted through a private placement to qualified investors only, excluding retail investors. The bonds will pay a fixed annual coupon of between 1.5% and 2.0%, with interest payable semi-annually. The initial conversion price will be set 30% to 35% above Euronext’s reference share price on Euronext Paris,…
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The initial day of trading saw more than $19 million in notional volume. The contracts are offered in two sizes: a micro contract of 2,500 XRP and a larger 50,000 XRP contract. Both are cash-settled against the CME CF XRP-Dollar Reference Rate, which is calculated daily at 4:00 p.m. London time. “We are pleased to…
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Hui succeeds Vanessa Lau, who will remain as HKEX Chief Operating Officer following a decade overseeing the exchange’s finance functions, including five years as Group CFO. In his new role, Hui will oversee HKEX’s Financial, Treasury and Investor Relations functions and will report to Chief Executive Officer Bonnie Y Chan. He will also join the…
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