The index, which is updated weekly and available on the ICE Index Platform, is said to aim to complement the APOR figures currently published by the Consumer Financial Protection Bureau (CFPB). The exchange explained that ICE APOR reflects the annual percentage rates based on average interest rates, points, fees and other terms offered on prime…
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SIX said in a release that the newly listed ETF, launched under the firm’s quantitative investment unit Avantis Investors, is actively managed and aims to outperform the MSCI World Small Cap Value Index. It targets small-cap companies from developed markets, prioritising those with lower valuations and higher profitability. The ETF trades in US dollars. “With…
Read moreThe S&P BMV IPC Index is Mexico's main equity index. It tracks the most liquid stocks listed on Bolsa Mexicana de Valores (BMV). CME says the new contracts will offer investors more efficient access to the Mexican equity market, tracking the performance of the S&P BMV IPC Index. The IPC Index is compiled by S&P…
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Running on Microsoft Cloud, the firm explained that EasyFocus+ will deliver real-time data, predictive analytics, and exception resolution across Euroclear’s network of Central Securities Depositories (CSDs), which handle over 60% of EU settlements. The initiative is said to be a key step in Euroclear’s strategy to foster a harmonised, pan-European settlement experience and advance the…
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The collaboration is expected to strengthen Euronext Clearing’s infrastructure. The companies said it will provide scalable and efficient clearing solutions for European and international market participants. Under the agreement, Clearstream will serve as a triparty agent (TPA) for Euronext Clearing, offering advanced collateral management capabilities. The firm added that clients are set to benefit from…
Read moreUnveiled at Coinbase’s State of Crypto Conference, the card will be issued by First Electronic Bank and provided in partnership with fintech firm Cardless. Coinbase added that it will be available exclusively to U.S.-based members of Coinbase One. The full launch is expected this autumn. Will Stredwick, senior vice president of Global Network Services at…
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The crypto exchange stated that the platform provides a streamlined approach to managing crypto payments, assets, and financial workflows. Launching later this year, Coinbase Business said it aims to address longstanding inefficiencies in traditional finance by leveraging the speed and scalability of crypto. Businesses will be able to send and receive payments instantly, automate payouts,…
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The derivatives marketplace said 2,587 contracts were traded across its suite of battery metals futures and options, surpassing the previous record of 2,301 contracts set on 11 February. Open interest also reached a new peak of 64,387 contracts. “These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached…
Read moreThe company revealed that trading on the NYSE is set to begin on 17 June 2025 under the ticker symbol VIRT. The move will mark the end of Virtu’s decade-long listing on Nasdaq, which is expected to cease on 16 June. “We are excited to begin this next chapter of Virtu’s journey on the New…
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The move expands their suite of benchmarks to cover over 96% of the investible cryptocurrency market. The new indices, which are not tied to tradable futures products, aim to provide transparent, reliable pricing for institutional investors and other market participants. "Our new benchmarks are designed to provide clear and transparent pricing data to a broad…
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