The global operator of electronic marketplaces also posted record trading volumes across a range of asset classes. Average daily volume (ADV) reached $2.5 trillion for the quarter, up 33.7% compared to the same period in 2024. The firm saw new quarterly ADV records in U.S. and European government bonds, mortgages, credit swaps, global repurchase agreements,…
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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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In a letter of acceptance, waiver, and consent published on May 1, FINRA stated that the firm failed to accurately report statistical and summary information regarding written customer complaints from January 2020 through June 2022, in violation of FINRA Rule 4530. During this period, the regulator said that at least 300 complaints went unreported, including…
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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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The global payments giant said it is aiming to bring digital currencies into the mainstream by enabling transactions from wallets to checkouts. The initiative is part of Mastercard’s broader strategy to integrate blockchain-based assets into traditional finance. The company has partnered with OKX and Nuvei to support stablecoin transactions across its network, allowing consumers to…
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The renewed agreement builds on LSEG’s existing partnership with AWS and supports its long-term cloud strategy. The firm explained that by continuing its migration of internal systems to the cloud, it aims to bolster resilience and security while accelerating the delivery of new services and products to clients. Daniel Maguire, Group Head of Markets at…
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The collaboration will integrate Broadridge’s data aggregation, reporting, and proprietary fund scoring capabilities into OneDigital’s national platform. This new partnership aims to streamline the retirement planning process, offering OneDigital’s advisors more time to assist clients with effective retirement programmes. Additionally, the firm’s home office will benefit from improved compliance oversight and advanced business intelligence tools.…
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The exchange said in its press release that the move highlights its “long-term commitment to the growth and future development of Hong Kong as a leading global financial centre.” HKEX has agreed to purchase the top nine floors of One Exchange Square and additional space adjacent to HKEX Connect Hall for HK$6.3 billion, funded through…
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