According to the firm, the solid performance was driven by increased settlement activity, fixed income issuance, and higher equity valuations amid market volatility. It also helped offset a 10% decline in interest and banking income, which fell to €255 million due to a lower interest rate environment. Increased cash balances partly cushioned the impact. Operating…
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Tomas Kindler has been appointed Head Exchanges and member of the Executive Board after serving in the role on an interim basis since January. A long-standing executive at SIX, Kindler has held the role of interim Head Exchanges since January 1, 2025. He previously served as Head Operating Office Exchanges and Head x-clear, and has…
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The firm said the move reflects growing demand for market data and analytics across the region. Mr. Nakagawa, based in Japan, will focus on market data sales, while Mr. Zou, based in Singapore, will lead the growth of analytics and indices services. Their appointments are part of Cboe’s strategy to strengthen its presence in Asia…
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The shares are set to debut on the Nasdaq Global Select Market on 14 May under the ticker symbol "ETOR". The IPO is expected to raise approximately $620 million, valuing the stock and cryptocurrency trading platform at around $4.2 billion. Founded in 2007, eToro has established itself as a major player in retail investing, competing…
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The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community. The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure. “This…
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The acquisition will see Coinbase pay $700 million in cash and issue 11 million shares of its Class A stock. The deal is expected to close by the end of 2025. Deribit has roughly $30 billion in open interest and processed more than $1 trillion in trading volume last year in its key markets, largely…
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Total income excluding recoveries rose 8.7% year-on-year, or 7.8% on an organic constant currency basis, to £2.26 billion. Growth was broad-based, with Data & Analytics up 5.1%, FTSE Russell up 9.6%, Risk Intelligence up 10.7% and the Markets division climbing 10.7%. CEO David Schwimmer said: “We have started the year strongly, delivering another quarter of…
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Group revenue and other income rose 32% year-on-year to $6.86 billion, while profit attributable to shareholders increased 37% to $4.08 billion. The exchange also recorded a 42% jump in EBITDA to $5.25 billion, with the EBITDA margin improving to 78%. Chief Executive Officer Bonnie Y Chan said: “HKEX had a strong start to the year,…
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The contracts began trading Tuesday on the Cboe Futures Exchange (CFE), offering cash-settled exposure to bitcoin through the FTSE Bitcoin Reduced Value Index. The exchange stated that the new XBTF futures provide institutional and professional investors with a tool to gain or hedge bitcoin exposure. XBTF futures are cash-settled contracts. "As customer demand for crypto-based…
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The firm said EBITDA increased by 4% year-on-year to €912.3 million, while net revenue excluding treasury results — the group’s preferred metric for managing performance — rose by 10% to €1.28 billion, slightly exceeding expectations. EBITDA on the same basis climbed 11% to €681.9 million. Net profit attributable to shareholders stood at €524.9 million, with…
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