The move expands its suite of equity derivatives products aimed at both retail and institutional investors. The new options, which began trading on 14 April, are said to be based on the S&P 500 Equal Weight Index, where each constituent is weighted equally at 0.2% following quarterly rebalancing. Cboe explained that, unlike the traditional capitalisation-weighted…
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In a press release on Sunday, CME noted that the post-trade solutions provider, formed in 2021, has grown into a critical infrastructure player in the global over-the-counter (OTC) derivatives market. The enterprise value of the transaction will be split equally between S&P Global and CME Group, which each hold a 50% stake in OSTTRA. The…
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The move is designed to streamline fixed-income trading workflows. The firm explained that BondVision is a multi-dealer-to-client trading platform for rates, credit, and repo. The DCT protocol, which was developed within the BondVision Partnership, is said to enhance trade processing by automating workflows between dealers and clients, reducing manual entry, and improving Straight-Through Processing (STP). …
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The new contracts will allow traders to take long-term futures positions at spot-market prices without the need for frequent rolling, with holdings available for up to five years. Futures will be offered for bitcoin, ether, and four major U.S. equity indices: the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average. “Market participants will…
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The move is aimed at enhancing capital efficiency and post-trade processing. The first trades cleared under the new service involved Natixis Corporate & Investment Banking as a Principal Lender and JP Morgan as a Borrower, according to the firm. Cboe explained that the service introduces a centrally cleared model for SFTs, replacing the traditional bilateral…
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The new data package is said to be aimed at helping financial institutions navigate the rapidly evolving landscape of digital asset regulations and tax compliance. The service, launched amid increasing institutional demand, enables firms to assess whether over 80,000 crypto-related instruments, including tokens and blockchain-based assets, fall under regulatory and tax requirements, the company explained. …
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The exchange also revealed that Trump Media & Technology Group (TMTG) has become the inaugural listing. Lynn Martin, President of NYSE Group, said the launch of NYSE Texas provides businesses with new opportunities in a pro-business environment. “We are thrilled to open NYSE Texas to corporate issuers and to welcome Trump Media & Technology Group…
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In a press release on Monday, the regulators cited serious concerns over ASX’s management of operational risks and the speed of its response to the incident. In a joint letter to ASX, the RBA and ASIC highlighted the risk that further operational failures could undermine the reliability of the CHESS system until its replacement is…
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The firm explained in a press release that the new API provides instant access to large datasets, including corporate actions, equity and fixed income reference data, and end-of-day market data. By utilising SIX’s global financial information network, the API is said to enhance efficiency for financial professionals handling trading, banking, risk management, and compliance operations.…
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The firm announced the move on Monday. It further expands its exchange-traded product (ETP) offerings. The new products, managed by CSOP Asset Management Limited, provide directional exposure to the daily returns of highly liquid overseas stocks. They include leveraged (2x) and inverse (-2x) products tracking companies such as NVIDIA, Tesla, Coinbase, MicroStrategy, and Berkshire Hathaway.…
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