PureStream, which is already available in the US and Canada, is expected to be introduced on Nasdaq Europe in the first quarter of 2025, subject to regulatory approval, the company said in its press release on Tuesday. PureStream is said to be designed to facilitate interactions between institutional investors with a common execution goal, enabling…
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The rebranding of the exchange is said to align with MIH's broader strategy to expand its futures offerings, leveraging the technology and expertise of MGEX. MIH said the flagship Hard Red Spring Wheat (HRSW) futures and options contracts will also be rebranded as Minneapolis Hard Red Spring Wheat futures and options, representing a new chapter…
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These new micro-sized contracts, valued at 50 yen and $0.50, respectively, "will allow traders to capture Japanese benchmark trading opportunities with greater precision and will add to CME Group's existing suite of standard and E-mini Nikkei contracts," said CME Group. They will complement CME Group's existing suite of standard and E-mini Nikkei contracts. "The addition…
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This expansion of its battery metals suite aims to provide the market with enhanced hedging capabilities and better price risk management tools. "The spodumene futures contract launch with the CME Group marks a significant step forward for the lithium market," commented Raju Daswani, Chief Executive Officer at Fastmarkets. "With this contract, the industry gains a tool…
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The derivatives exchange said the new futures contracts, designed to hedge against and capitalise on US equity market volatility moves, aim to give investors a streamlined way to trade the spread between implied and realised volatility. They believe the futures will appeal to a wide range of market participants, such as volatility traders, hedge funds,…
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The S&P 500 experienced its worst Monday and best Thursday since 2022 on 5 and 8 August 2024 respectively, typifying the seesawing markets. Based on CNBC data, the 10-year treasury yield plunged below the 3.7% mark on Monday and ended the week hovering around 4%. In another unexpected Monday market surprise, the Chicago Board Options…
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Based on Bloomberg data, the Stoxx Europe 600 Index was already 0.4% up when the clock struck 8:07am in London. Seventeen of its 20 industry groups were in the green at this time. The shares of Dutch medical equipment manufacturer Royal Philips (PHI1.HA) spiked by more than 9% after the company reported an increase in…
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Media reports showed that Bitcoin – the global powerhouse in virtual tokens – was down 3% at one stage and even dipped below $55,000 during Friday trading. This was the first time since the end of February 2024 that Bitcoin has slumped this low. Ether, another popular cryptocurrency, dropped by approximately 5%. CNBC said that,…
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Based in Belfast, HARL is famous for owning the shipyard where the Titanic was built. The company has now confirmed that it has been locked in discussions with auditors as it looks for the right way to account for the revenue generated by some contracts. This issue has caused the publication of its 2023 annual…
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Based on the FCA’s press release, it is suspected that this business bought and sold more than £1bn in crypto assets. The UK’s financial watchdog reportedly inspected the suspects’ offices, while the police confiscated several devices during their search of two London residences. After questioning by the FCA, the suspects, aged 38 and 44, were…
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