In a press release on Monday, the regulators cited serious concerns over ASX’s management of operational risks and the speed of its response to the incident. In a joint letter to ASX, the RBA and ASIC highlighted the risk that further operational failures could undermine the reliability of the CHESS system until its replacement is…
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The firm explained in a press release that the new API provides instant access to large datasets, including corporate actions, equity and fixed income reference data, and end-of-day market data. By utilising SIX’s global financial information network, the API is said to enhance efficiency for financial professionals handling trading, banking, risk management, and compliance operations.…
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The firm announced the move on Monday. It further expands its exchange-traded product (ETP) offerings. The new products, managed by CSOP Asset Management Limited, provide directional exposure to the daily returns of highly liquid overseas stocks. They include leveraged (2x) and inverse (-2x) products tracking companies such as NVIDIA, Tesla, Coinbase, MicroStrategy, and Berkshire Hathaway.…
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The newly listed products include the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP). The firm feels the listings strengthen its presence in the Nordic market, which has seen growing demand for crypto investment products. 21Shares Bitcoin Core ETP is said to offer 100% physically backed…
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The firm has launched two new products backed by Bitcoin and Ethereum, SIX said in a press release. With the addition, nxtAssets becomes the 18th issuer of crypto ETPs on SIX, bringing the total number of listed crypto products to 398. “This launch addresses the increasing demand for crypto exposure,” stated SIX. Both ETPs are…
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The firm said in a press release that the move expands on an existing framework introduced in January, which allowed these bonds to be used for initial margin requirements under Northbound Swap Connect transactions. The change means international investors holding these bonds through Bond Connect will have increased flexibility in managing their collateral across a…
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On Wednesday, ICE Futures US revealed it has fined Novum Energy Trading Corp $35,000 for violating exchange rules related to trade practices and block trading requirements. The firm said the fine was issued following an investigation into trading activity between February and June 2023. According to a disciplinary notice published by the exchange, one of…
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The companies said that under the extended agreement, Nasdaq’s central securities depository (CSD) platform will be adopted by all three exchanges. The move is aimed at streamlining operations, reducing costs, and increasing liquidity across the region. It builds on Nasdaq’s existing collaboration with nuam, which is already integrating its trading infrastructure with Nasdaq’s technology. “Having…
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The company said in its release that it believes the milestone highlights growing institutional adoption of digital assets and marks a significant step in expanding regulated crypto derivatives markets. "This highly anticipated launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risk and price exposure on a regulated venue," said…
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The firm will acquire 100% of the company from Visma. The €398 million cash deal aligns with Euronext’s "Innovate for Growth 2027" strategy, which aims to expand its SaaS business and increase subscription-based revenues. The acquisition is expected to be completed by the second quarter of 2025, subject to regulatory approval. Admincontrol, headquartered in Oslo,…
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