Category: Exchanges

Singapore Exchange launches ESG derivatives
September 10, 2021 BY Alan Sayer

SGX Sees Investor Demand Increase Due to ‘Uneven’ Economic Recovery

Elsewhere, SGX said its commodity derivatives were the standout performer due to price swings and supply chain issues continuing to impact physical markets. The entire commodity derivative volume, including iron ore (which SGX says is a macroeconomic proxy for China), climbed 10% year-over-year to 2.6 million contracts. In addition, forward Freight agreements (FFA) volume surged…

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Blockchain
August 23, 2021 BY Alan Sayer

XREX Raises $17m To Expand Fiat Portfolio and Partnerships

Other investors include SBI Investment, a subsidiary of SBI Holdings, Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, New Economy Ventures, Systex Corporation, AppWorks, Black Marble, Metaplanet Holdings, and Seraph Group. XREX’s seed round closed in 2019, raising $7 million from investors such as AppWorks (who were the lead), Metaplanet Holdings, Black Marble, Skype’s late…

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Moscow Exchange
August 20, 2021 BY Steffy Bogdanova

MOEX announces net profit growth of 2.1% in Q2 2021

Operating income was increased 9.7% YoY and F&C income accounted for more than 75% of operating income. EBITDA added 3.9% and the adjusted EBITDA margin stood at 72.4%. Yury Denisov, Chief Executive Officer of Moscow Exchange, said: We see interest from clients to trade global markets strategies using derivatives. For that reason, we recently launched…

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CME Group
August 19, 2021 BY Steffy Bogdanova

CME Group dismisses $16 billion Cboe takeover rumours

When approached by the Financial Times, Cboe, who also owns stock exchange operator BATS Global Markets, said it "does not comment on market rumours or speculation." Despite the denials, any deal would mean two of the most important names in financial market derivatives coming together.  CME Group (Chicago Mercantile Exchange, Chicago Board of Trade, New…

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Swiss Stock Exchange
August 17, 2021 BY Steffy Bogdanova

SIX Swiss Exchange partners with Venturelab to support SMEs and Startups

Stefan Steiner, Co-Managing Director, Venturelab, said: We believe that an IPO has always been an important option for scale-ups, and we need to further raise awareness of its benefits. Today, most entrepreneurs lack the necessary knowledge of how IPOs work, and many misconceptions potentially limit growth opportunities for these organizations. The TOP 100 partnership will…

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HKEX
August 11, 2021 BY Alan Sayer

HKEX posts record half-yearly profits of HK$6.6 billion

Despite seeing a rise in revenue of 24%, expenses have only increased by 9%. It means that a large portion of the revenue increase can go towards profits. Expenses sat at HK$2 billion for the first half of 2020 and only increased to HK$2.2 billion for the first half of 2021.  This helped to create…

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Cboe Global Markets
August 05, 2021 BY Steffy Bogdanova

Cboe Global Markets sees a 23% MoM rise in Futures ADV in July

Cboe added: Total volume in Russell 2000 Index (RUT) options reached nearly 1.2 million contracts traded in July, with 56,054 contracts traded on average per day – the highest month on record since October 2018. According to the trading update, S&P 500 Index (SPX) options had highest monthly average daily volume for the year. It…

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CME Group
August 04, 2021 BY Alan Sayer

CME Group reports a 25%YoY increase in July ADV

However, in terms of percentage growth there was a slight change in the top 3 metrics. Interest rates saw a 96% growth, options saw a 55% and energy - a 23%. Individual futures within the interest rates saw large increases which helped to create the overall high increase in ADV. SOFR futures specifically jumped 221%.…

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