Category: Exchanges

financial buildings
May 29, 2025 BY Sam Boughedda

Euroclear and Marketnode Partner On Fund Order and Processing Solution

The solution is aimed at streamlining the investment fund landscape in Singapore. The new offering combines Euroclear’s global fund platform, FundsPlace, with Marketnode’s blockchain-enabled infrastructure, Fundnode. The companies said it is expected to simplify the lifecycle of retail and institutional fund orders.  The service aims to reduce manual processing, improve reconciliation, and accelerate settlement times.…

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Swiss Stock Exchange
May 28, 2025 BY Sam Boughedda

SIX Chairman Thomas Wellauer to Stand Down at AGM in 2026

It will conclude a six-year tenure for Wellauer at the helm of the Swiss financial market infrastructure provider. He informed the Board of Directors that he will not stand for re-election, initiating a leadership transition process.  Wellauer was appointed chairman in 2020 with a mandate to position SIX for long-term strategic and operational success. Under…

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financial buildings
May 26, 2025 BY Sam Boughedda

Euroclear Bank Joins LCH RepoClear SA as a Member

As a member, Euroclear Bank will now participate in both the specials and €GCPlus segments of the RepoClear SA service, gaining access to Europe’s largest cleared liquidity pool.  The move is expected to deliver capital and operational efficiencies while enhancing Euroclear’s risk management capabilities. GC Plus, the tri-party general collateral repo clearing service developed jointly…

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Cboe Global Markets
May 26, 2025 BY Sam Boughedda

Cboe Europe Announces Addition of London AIM Securities

The inclusion will see AIM-listed stocks available on a range of Cboe platforms, including the Lit and Dark order books, the Periodic Auction book, the Closing Cross (3C), and Cboe BIDS Europe.  The exchange added that the securities will also be reportable as Exchange Trade Reports (ETRs). Cboe confirmed that standard trading hours will apply,…

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Euronext
May 22, 2025 BY Sam Boughedda

Euronext Launches an Offering of Bonds Due 2032

The firm revealed that the offering is being conducted through a private placement to qualified investors only, excluding retail investors.  The bonds will pay a fixed annual coupon of between 1.5% and 2.0%, with interest payable semi-annually.  The initial conversion price will be set 30% to 35% above Euronext’s reference share price on Euronext Paris,…

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CME Group
May 21, 2025 BY Sam Boughedda

CME Group Announces First XRP Futures Trades

The initial day of trading saw more than $19 million in notional volume. The contracts are offered in two sizes: a micro contract of 2,500 XRP and a larger 50,000 XRP contract.  Both are cash-settled against the CME CF XRP-Dollar Reference Rate, which is calculated daily at 4:00 p.m. London time. “We are pleased to…

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May 20, 2025 BY Sam Boughedda

HKEX Appoints Herbert Hui as New Chief Financial Officer

Hui succeeds Vanessa Lau, who will remain as HKEX Chief Operating Officer following a decade overseeing the exchange’s finance functions, including five years as Group CFO. In his new role, Hui will oversee HKEX’s Financial, Treasury and Investor Relations functions and will report to Chief Executive Officer Bonnie Y Chan. He will also join the…

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May 19, 2025 BY Sam Boughedda

Crypto Exchange Provider Cointree Issued $75k in Infringement Notices By AUSTRAC

The penalty was issued under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. It follows Cointree’s voluntary disclosure that it had not submitted SMRs within the required timeframes. AUSTRAC CEO Brendan Thomas said, “SMRs provide AUSTRAC and our law enforcement partners with information about suspected misuse of the financial system and this information goes on…

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HKEX
May 19, 2025 BY Sam Boughedda

HKEX Backs Enhancements to Swap Connect Programme

The enhancements, jointly announced by the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China last week on Thursday, are expected to allow investors to better manage interest rate risk linked to their renminbi (RMB) holdings. HKEX said its clearing subsidiary, OTC Clear, will work with the…

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