The division will integrate the expertise of Nomura Trust and Banking Co., Ltd. and Nomura Bank (Luxembourg) S.A., focusing on private markets, bespoke financial products, asset building, and estate planning. The firm said the decision to launch the new division was driven by the “megatrends of inflation, the changing interest rate environment and Japan's push…
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The payments giant said in a press release that it now handles transactions equivalent to 1.3% of global GDP and is used by half of the Fortune 100, including major corporations such as NVIDIA, PepsiCo, and Comcast. In their annual letter, co-founders Patrick and John Collison attributed the company’s rapid expansion to its AI-driven payment…
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The companies expect the collaboration to enhance efficiency and transparency in off-book trading. The partnership enables firms to use their existing clearing broker relationships to trade Eurex equity options, futures, and FX derivatives, removing the need for tri-party agreements with Eurex Market Makers. The integration will electronify the European off-book market. André Eue, Head of…
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This surpasses the previous record of 66.3 million contracts, set on 13 March 2023. The new milestone was said to have been driven primarily by interest rate and U.S. Treasury markets, which also recorded fresh highs. Interest rate futures and options hit 50.9 million contracts, while U.S. Treasury futures and options reached 40.7 million contracts. …
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TMX and Clearstream said the CCMS, launched in 2024, optimises securities finance activities across the Canadian market, providing domestic tri-party repo capabilities to increase market liquidity. It is also said to help unlock trapped collateral, improving mobility for repo transactions, securities lending, and margin requirements for derivatives. Bank of Canada Deputy Governor Toni Gravelle highlighted…
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It was revealed Tuesday that the transaction, a block trade, was carried out between Cumberland DRW and Galaxy and cleared by Marex. "We are pleased to see such early and strong support for these new options products," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. "These smaller-sized, cash-settled contracts, with expiries available…
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The companies aim to provide greater margin savings and capital efficiencies for end users by December 2025. Subject to regulatory approval, CME explained that the enhancement will enable eligible end-user clients at CME Group and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing Corporation (FICC) to access capital efficiencies when trading U.S. Treasury…
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It was revealed that the leading Nordic digital investment platform has been using Broadridge’s API-based solution since September 2024, ensuring compliance with shareholder identification requests while maintaining data security across Sweden and other European markets. “We are firmly committed to the advancement of shareholder democracy throughout the financial services industry,” said Quincy Curry, Director of…
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The firm revealed in a release that the three directors will officially begin their terms following HKEX’s 2025 Annual General Meeting (AGM) and will serve until the conclusion of the 2027 AGM. HKEX Chairman Carlson Tong stated: “We warmly welcome the appointment of Ms Ding Chen and the reappointment of Mr Joseph Yam to the…
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AustralianSuper is the trustee of Australia’s largest superannuation fund. The Australian Securities and Investments Commission (ASIC) said in a recent press release that it launched an investigation into systemic failures at the country’s largest super fund, which resulted in approximately 90,700 members holding multiple accounts between 1 July 2013 and 31 March 2023. These members…
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