Category: Exchanges

financial buildings
January 30, 2025 BY Sam Boughedda

Euroclear and Microsoft Enter Multi-Year Strategic Partnership

The collaboration is expected to accelerate Euroclear’s transition into a Digital and Data-Enabled Financial Market Infrastructure, benefiting capital markets participants. The company said that by leveraging Microsoft’s cloud, AI, and analytics tools, it is aiming to drive efficiency and security within its operations.  The partnership will focus on modernising Euroclear’s customer engagement, strengthening market infrastructure,…

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CME Group
January 30, 2025 BY Sam Boughedda

CME Group Futures to Launch on Robinhood

The firm said the rollout, which begins this week, will grant eligible US customers access to a range of futures contracts across multiple asset classes. Traders on Robinhood will able to access futures contracts linked to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average, as well as bitcoin and ether, major FX…

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Swiss Stock Exchange
January 29, 2025 BY Sam Boughedda

SIX Executive Board Members Javier Hernani and Jochen Dürr to Depart

The firm said both executives have played key roles in the company’s expansion and international growth. Javier Hernani, who previously served as CEO of BME until November 2024, is said to have been instrumental in expanding SIX’s post-trading business since BME’s acquisition.  SIX stated that under his leadership, the Securities Services unit became one of…

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Euronext
January 28, 2025 BY Sam Boughedda

Euronext Agrees Deal to Buy Nasdaq’s Nordic Power Futures Business

The companies have signed a binding agreement. The move marks a notable step in the firm expanding its footprint in the European power market.  Euronext added that the acquisition aligns with its “Innovate for Growth 2027” strategy. The acquisition will see existing open positions in Nasdaq’s Nordic power derivatives transferred to Euronext Clearing, with trading…

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TMX Group
January 23, 2025 BY Sam Boughedda

TMX Group Launches New ATS Venue AlphaX US

It marks the Toronto-based company’s markets division's first venture outside Canada, as it aims to expand its reach in global markets. AlphaX US is designed for trading Regulation NMS common stocks, exchange-traded funds, and American depositary receipts.  Open to FINRA-registered broker-dealers, the platform is said to provide a range of innovative features aimed at improving…

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January 22, 2025 BY Sam Boughedda

NYSE IPO Index Launched by Intercontinental Exchange

The firm said in a press release that NYSEIPO is a new equal-weighted index designed to track the performance of companies recently listed on the New York Stock Exchange (NYSE).  This includes companies that have undergone IPOs, direct listings, spin-offs, and uplistings from OTC or international markets over the past three years. Lynn Martin, President…

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LME proposes requirements for the responsible sourcing of metal in listed brands
January 21, 2025 BY Sam Boughedda

Hong Kong Approved as Warehouse Location By London Metal Exchange

The decision means Hong Kong is the 33rd location in the LME’s network, which stretches across the USA, Europe, and Asia. Matthew Chamberlain, LME CEO, stated, “The addition of Hong Kong to our global warehousing network is an exciting development, providing warehouse facilities closer to the metals hubs of Mainland China than ever before. “Mainland…

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Clearstream
January 15, 2025 BY Sam Boughedda

Euro Route to Romanian Bond Market Opened by Clearstream

The international central securities depository of Deutsche Börse Group explained that the development, achieved in partnership with BRD Groupe Société Générale and the Romanian central securities depository, Depozitarul Central, allows international investors to invest directly in Romanian government and corporate bonds through their existing Clearstream accounts. The move is expected to enhance market access and…

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HKEX
January 13, 2025 BY Sam Boughedda

OTC Clear to Accept China Government Bonds as Collateral for All Derivatives

The announcement follows approval from the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority (HKMA), and the People's Bank of China. HKEX explained that the initiative allows international investors holding these bonds through Bond Connect to use them as margin collateral for OTC derivatives. Initially implemented for Northbound Swap Connect, OTC Clear expects…

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CME Group
January 13, 2025 BY Sam Boughedda

CME Group's International ADV Reaches a Record High in 2024

The derivatives marketplace firm said the growth reflects heightened trading activity outside the United States, driven by significant gains across various product categories. The Energy sector led the surge with a 31% increase in ADV, followed by Metals at 27%, Agricultural at 25%, Interest Rate products at 12%, and Foreign Exchange products at 10%.  "We…

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