Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext N.V., said: I would like to thank Raffaele Jerusalmi for his significant contribution to the development of the Borsa Italiana Group and for his commitment to the integration of the Borsa Italiana Group within Euronext since the completion of the transaction in April 2021.…
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The acquisition of Borsa Italiana also had a strong effect on the yields of this quarter. The Italian exchange brought €89.6 million to the revenue for two months. Post-trade services accounted for €83.4 million, registering a 130.9% growth. Listing and data services contributed in €48.2 million and €46.5 million, respectively. Non-volume-related revenue registered 56% total…
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For the collaboration with Euronext, Early Metrics has generated new methodologies to assess and benchmark the growth momentum, valuation, financial resilience and market liquidity of listed Tech SMEs. The assessment of each company is based on its historical performance. To show its position against a group of peers, Early Metrics uses a comprehensive set of…
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Arthur Hayes, the former CEO of cryptocurrency exchange platform BitMEX, has surrendered himself in Hawaii to the US authorities and appeared in court on Tuesday. Hayes faces charges suggesting that he did not take necessary action in preventing his innovative start-up from becoming a platform for money laundering crimes. Hayes’ surrender comes six months after…
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The ADV FX reached $21.17 billion in March with a 3.3% MoM decrease, compared to the $21.89 billion in the previous month. From a Year-on-year perspective, Euronext FX volumes fell 40.2% YoY in March 2021 from the $814.01 billion in March 2020. ADV Euronext FX dropped 42.8%YoY in March 2021 from $37 billion during the…
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Executed over several days in the first week of February this year in order to limit market slippage, Tesla made a $1.5 billion bitcoin purchase which has now been revealed by Block to have been brokered by the cryptocurrency platform, Coinbase. Up until this announcement it had been unclear who had facilitated the significant purchase,…
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Prior to that, he has worked as Head of European M&A and Head of European Industrials for Merrill Lynch. He has advised corporate boards on many large-scale M&A transactions across all sectors and geographic areas. In his career, he has advised many large Italian corporations. Euronext plans to close its 4.3 billion euro ($5.22 billion)…
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Thursday’s session began under the spell of risk-on, following Wednesday’s inauguration of the 46th President of the United States. Joe Biden’s presidency promises the deployment of a massive fiscal stimulus package as well as greater harmony between the Treasury and the Fed, with the central bank’s monetary policy likely to remain dovish for the foreseeable…
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Delphine d’Amarzit commented: I am delighted to join Euronext at a turning point in its growth journey. I look forward to supporting the Group strategy within the Managing Board and to working with the Euronext Paris teams to further enhance the strong relationship with the French ecosystem and beyond. Euronext also announced that Anthony Attia…
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CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…
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