The firm explained that the index is a new benchmark capturing top Chinese firms listed on the Stock Connect programme. It is set to launch on 21 November 2024 and will feature the 80 largest Chinese companies by market capitalisation listed on the Hong Kong, Shanghai, and Shenzhen exchanges. The SCCEA Index is the first…
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Outlined in a consultation released on 14 November, the proposals include raising minimum capital requirements for clearing members, capping mutualised default fund contributions, and introducing anti-procyclicality controls. The company explained in a press release that the proposed increase in minimum net capital requirements for clearing members—from $10 million to $30 million—aims to align LME Clear…
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Scheduled for implementation in 2025, subject to regulatory approval and technical readiness, the web-based platform aims to streamline the in-kind creation and redemption process for relevant ETPs. HKEX explains that by leveraging distributed ledger technology (DLT) and smart contracts, it intends to connect key ETP participants, enhancing operational efficiency and boosting overall market liquidity. "Speed…
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The company explained that the service enhances market transparency and efficiency, offering traders insights into order execution and cancellation processes. They added that the new service is available on all Cboe-affiliated U.S. Equities Exchanges, providing market participants with detailed information about order and cancel messages. By analysing timestamp data, traders and participants are able to…
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According to reports, the employee, a man in his 20s, is alleged to have provided information on listed companies' tender offers to a relative, who then used the information to profit from equity trading. The SESC reportedly launched its investigation in September, and JPX has pledged to fully cooperate with the probe. The specific details…
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The new CBL Australian Carbon Credit Unit (ACCU) futures sawtotal of five contracts traded as a block between Freepoint Commodities and Mercuria on October 14, 2024, revealed CME. The new contract is designed to help clients manage the risks associated with carbon reduction strategies. "We are pleased to see industry interest and support for our new…
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The record number represents a 29% increase compared to the same period last year. According to the firm, the surge in international volume was driven by strong growth across all asset classes, with interest rate and equity products accounting for the majority of the increase. Interest rate products are said to have seen a record…
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The new options, which will trade under the ticker UX, are expected to provide investors with an additional tool to manage U.S. equity market volatility. They will complement Cboe's existing securities-based VIX Index options and may allow more market participants to trade a VIX options product. Cboe's VIX Index options have seen record trading volumes…
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The landmark collaboration marks the first time a global broker has offered foreign investors direct ownership and trading of securities listed on the Saudi Exchange. Interactive Brokers said its clients are now able to invest in Saudi equities alongside global stocks, options, futures, bonds, funds, and more from a single unified platform. The partnership was…
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PureStream, which is already available in the US and Canada, is expected to be introduced on Nasdaq Europe in the first quarter of 2025, subject to regulatory approval, the company said in its press release on Tuesday. PureStream is said to be designed to facilitate interactions between institutional investors with a common execution goal, enabling…
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