India’s premier exchange, BSE, has announced that alongside The India International Exchange (IFSC) Limited (India INX) has signed a memorandum of understanding (MoU) with Moscow Exchange (MOEX). The agreement aims to connect the investors’ community and companies both in India and Russia. BSE and India INX are the first Indian Exchanges to enter into the…
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Sova Capital announced earlier today that it has become the first international Individual Clearing Member firm on the Moscow Exchange (MOEX)’s Derivatives and FX Markets. Collateral can now be held by an international entity directly at the CCP, removing the credit risk exposure to Russian clearing brokers, and has been designed with the FCA’s Client…
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Deutsche Börse has just released its cash markets volumes. The exchange generated a turnover of €130.3 billion in March, down 21% YoY from €165.1 billion, but up 12% MoM. Xetra released €117.8b (€152.2b in 2018), bringing the average daily volume to €5.6b. Börse Frankfurt announced €2.9b in trading volumes (€3.7b in 2018) and Tradegate Exchange…
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Nasdaq Dubai has announced that it has joined forces with the Opera Gallery Dubai for an art showcase collaboration. Nasdaq Dubai recently launched its own artist programme, allowing talents in the region to display their work in Nasdaq Dubai's premises in Dubai International Financial Centre (DIFC). Russian Calligraffiti artist, Pokras Lampas is the first of four…
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Moscow Exchange (MOEX) just announced that, starting from April 1, 2019, it will begin calculating and publishing daily sustainability indices created jointly with the Russian Union of Industrialists and Entrepreneurs (RSPP). The indices will be based on RSPP’s annual analysis of Russia’s largest companies demonstrating a robust ESG (Environmental, Social, Governance) profile. The MOEX-RSPP Responsibility and Transparency…
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Singapore Exchange (SGX) has just announced that it has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX - a specialized trading platform for global FX markets, launched back in 2017. This investment will allow SGX to offer its Asian FX futures alongside BidFX’s OTC products, bringing together both pools of liquidity. BidFX…
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FastMatch, Euronext’s Electronic Communication Network (ECN) for Foreign Exchange (FX) trading, has announced earlier this week that it has expanded in Asia, establishing a new matching engine in Singapore. The new matching engine will be fully operational in the Q4 2019 and will allow customers in various Asia-Pacific markets including Singapore, Australia and Hong Kong…
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Malta Stock Exchange announced that it now goes live on Deutsche Börse's T7 trading technology, enabling market participants in Malta to benefit from the T7 trading technology and synergies through lower development and maintenance costs. Malta Stock Exchange has been using the Deutsche Börse's Xetra trading system, but has decided to make a change this year.…
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LMAX Exchange Group's 2018 financials report has just gone out, releasing excellent growth and record financial performance for the year ended 31st December 2018. 2018 financial highlights include: Gross Revenues of US$50m, up 27% from 2017 Gross Profit of US$45m, up 35% from 2017 Statutory EBITDA of US$18.6m, up 62% from 2017 Operating Profit of…
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The Small Exchange, a budding futures exchange awaiting regulatory approval, today revealed an alliance with CQG, a firm that provides trading solutions, technical analysis software, market data, account and risk management systems for market participants. The partnership will give Direct Market Access to participants on the Small Exchange via CQG's platform. This is the second…
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