Category: Exchanges

Euronext
April 24, 2020 BY Steffy Bogdanova

Euronext expands in the Nordic region, acquires 70% of VP Securities

Euronext offered DKK1.12bn (c. €150m2) for 100% of the shares. The company will open an offer to all the remaining shareholders with the same terms and conditions. The acquisition falls inline with the with Euronext’s disciplined capital deployment policy and commitment to maintain a strong investment grade credit rating. The acquisition process of VP Securities…

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April 23, 2020 BY Steffy Bogdanova

HKEX to implement Volatility Control Mechanism enhancements

HKEX’s Head of Markets Wilfred Yiu said: The enhancement will further strengthen our stock-level safeguards during extreme price volatility, and reflect changes in international practice and regulatory guidance. HKEX discovered substantial market support for the proposal for implementing first phase of VCM enhancements, based on the consultation feedback. The first phase includes: Expansion of VCM…

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April 21, 2020 BY Steffy Bogdanova

LSEG reports good performance on Q1 2020

London Stock Exchange’s integration planning for Refinitiv transaction is also going well. CFIUS received approval and anti-trust filings were prepared in multiple jurisdictions, the commitment to achieving completion in H2 2020 still remains. The company’s revenue reached £215 million, up by 7% with 8% growth at FTSE Russell. The company observed good growth in both…

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MAX Markets announces launch
April 20, 2020 BY Steffy Bogdanova

MAX Markets to include MTF, Guarantee Fund and Digital Custodian link

MAX will use its digital assets network and its industry team’s experience in financial markets infrastructure business and operations. Amon the names of the people whose expertise will be leveraged are: Hirander Misra, Deputy Chairman, and Scott Riley, Chief Post Trade Officer, who were previously co-founders of Chi-X Europe and Tony Harrop, Director of Technology,…

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April 16, 2020 BY Steffy Bogdanova

Eurex STS obtains German banking licence for Buy-in Agent service

Marcus Addison, Managing Director at Eurex STS commented: We are delighted to have received the banking licence from BaFin, and we will continue to work towards launching our new service for the buy-in regime in February 2021. Our solution leverages our considerable experience in offering trusted securities trading infrastructure to the market – it will…

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SGX announces trading volumes
April 09, 2020 BY Steffy Bogdanova

SGX reports heightened volatility in March market statistics

Securities Market Due to the high volatility, the total securities market turnover value spiked higher by 124% YoY with S$48.2 billion and securities daily average value (SDAV) rose to S$2.2 billion with 114% YoY. SGX’s leveraged products segment drew steady interest from traders in search of short-term opportunities. The volumes of structured warrants and daily…

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April 08, 2020 BY Steffy Bogdanova

Eurex and EEX report growth for March and Q1 2020

The traded contracts in European equity index derivatives increased 91% YoY in trading volumes with 193.2 million in March 2020, compared to 101.2 million in March 2019. At the same time, European equity derivatives dropped to 32.6 million. Overall growth in financial derivatives traded contracts reached 296 million, marking a 46% increase, compared to the…

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April 07, 2020 BY Steffy Bogdanova

Eurex expands MSCI offering with 14 futures and 2 options

Eurex will also provide the first MSCI-based small cap indices (for Europe and World), futures on the Gulf cooperation council (GCC) countries and two different options on the broad MSCI All Country World Index (ACWI). Ralf Huesmann, Equity and Index Product Research and Development, Eurex Exchange stated: Eurex is very pleased with the development of…

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