Category: Financial Services

June 03, 2022 BY Steffy Bogdanova

CME Group sees an 18% jump in ADV for May 2022

ME Group also saw record SOFR options ADV which reached 173,964 contracts, including a single-day trading volume record of 397,212 contracts registered on 25 May and record open interest (OI) accounted for 4,102,865 contracts on 31 May. The company said: 8 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV…

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Acquisition
June 02, 2022 BY Steffy Bogdanova

Cboe Global Markets finalises acquisition of Canadian Stock Exchange NEO

Ed Tilly, Chairman and CEO of Cboe Global Markets, commented: With NEO, we are creating another connection across borders through our network of trusted markets, enabling Canadian clients to pursue global growth opportunities through innovation, enhanced technology and access to new ways of trading and listing. Our global strategy is focused on developing a seamless…

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June 01, 2022 BY Steffy Bogdanova

TFX Click 365 Fx volume grows 58.5% YoY in May

The volumes of equity index daily futures contracts registered a substantial increase last month, on a monthly basis, as well as yearly. TFX said: The total trading volume of Equity Index Daily Futures contracts (Click kabu 365) was 6,967,482 (+66.1% MoM / +82.9% YoY) and its average daily trading volume was 316,729. The trading volumes…

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Stripe launches Stripe App Marketplace
May 25, 2022 BY Steffy Bogdanova

Stripe launches Stripe App Marketplace

Jon Fasoli, chief product and design officer at Mailchimp, added: Let’s say, for example, a business owner wants to automate a targeted message when a customer makes a purchase, sending them a specific discount offer to encourage repeat purchases. The Mailchimp app automatically syncs this customer’s information between Stripe and Mailchimp, streamlining their operations and…

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BNY Mellon Investment Adviser charged with omissions in ESG by SEC
May 24, 2022 BY Steffy Bogdanova

SEC slaps BNY Mellon Investment Adviser with $1.5 million penalty

Sanjay Wadhwa, Deputy Director of the SEC’s Division of Enforcement and head of its Climate and ESG Task Force, said: Registered investment advisers and funds are increasingly offering and evaluating investments that employ ESG strategies or incorporate certain ESG criteria, in part to meet investor demand for such strategies and investments. Here, we allege that…

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MOEX
May 23, 2022 BY Steffy Bogdanova

Moscow Exchange April FX volumes almost halved

The total trading volume on the Equity and Bond Market was RUB 1.45 trillion. The numbers dropped 67.2% YoY. Trading volume in RDRs, shares, and investment fund units increased by 57.4% YoY to RUB 1.02 trillion. Demand on the derivatives market on MOEX also decreased with 69.6% YoY to RUB 4.2 trillion. Money Market turnover…

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Euronext
May 18, 2022 BY Steffy Bogdanova

Euronext posts 59% revenue jump in Q1 2022

Additionally, post-trade revenue registered growth with 51.7% increase to €95.8 million, attributed to continued strong activity.  Clearing revenue reached €31.9 million, up 87.2% as a result of a highly volatile environment and net treasury income of Euronext Clearing stood at €13.4 million. Custody and Settlement revenue came in at €63.9 million with a 38.6% rise…

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