The surge was fuelled by all-time highs in both the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, reflecting rising global demand for risk management tools. EMEA ADV reached 6.7 million contracts, up 15% from Q2 last year. Growth was led by Equity Index contracts, which rose 43%, followed by Energy up…
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The exchange also recorded an average daily volume of 10 million contracts, around 6 million of which were commodity-related. ICE’s energy markets led the charge, with a record 673.4 million energy contracts traded. Oil futures and options accounted for 400.8 million contracts, while natural gas trading reached 250.8 million. Environmental markets also saw growth, hitting…
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The group is now evaluating the return of banking licences held by two of its key subsidiaries: Eurex Clearing AG and Clearstream Banking AG. The move comes after amendments to the European Central Bank’s Target guideline and changes to the Central Securities Depositories Regulation (CSDR Refit). Eurex Clearing, a major central counterparty (CCP) in the…
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The platform, scheduled to go live on 8 September 2025 pending regulatory approval, will operate within Cboe’s existing Lit order book. Cboe explained that retail investors using participating brokers will be able to execute trades at or better than the European Best Bid and Offer (EBBO) without incurring fees. The service will cover more than…
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The move is said to mark a significant step toward more customisable and efficient investment solutions for asset managers. The initiative involved tokenising euro- and Swiss franc-denominated corporate bonds held in custody at SIX SIS, before allocating fractional portions to portfolios managed by Pictet Asset Management. The assets were processed via the SDX platform, SIX’s…
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The initiative marks a significant expansion of Euronext’s clearing capabilities and is considered a key element of its Innovate for Growth 2027 plan. Announced on July 8, the company explained that the Repo Foundation aims to expand access to repo markets, improve collateral use, and challenge legacy clearing models. It builds on Euronext’s established presence…
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Kevin Fan will join as Managing Director and Head of FIC Product Development on August 12, 2025. Reporting to Head of Markets Gregory Yu, HKEX said Fan will lead the development of new fixed-income products and enhancements to support investors’ trading and risk management needs. HKEX Chief Executive Officer Bonnie Y Chan said: “He [Kevin…
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The service is said to be aimed at streamlining communication across Hong Kong’s fund distribution network and enhancing operational efficiency in the city’s fund management industry. HKEX explained that the new service builds on the success of its existing Fund Repository and enables seamless order placement for fund subscriptions and redemptions. It is designed to…
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The firm explained that FX Tape+ will aggregate firm price data from its central limit order books, including FX futures, EBS Market, FX Spot+ and FX Link, providing what the company describes as a more transparent and unbiased view of FX market conditions. “By bringing together price information from our network of 1,400 institutions and…
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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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