New service is an extension of the exchange’s conditional orders launched in February and will rival similar launches announced by competitors such as Cboe in recent months.
Market share at the close continues to be high, averaging 25% of total liquidity in Q3, while dark volumes also showed increased activity this year, reaching around 11% of total trading volumes in the same period.
The move builds on the bank’s drive to expand securities lending in the UAE and wider Middle East.
Eurex’s Home Market Settlement service for single stock derivatives demonstrated its success soon after launching on 23 September, evidenced by the trading volumes settled in its inaugural week. Volumes have since increased and are expected to rise as additional banks onboard to the service.
First phase of the implementation was completed ahead of schedule, while the second and final phase is due to complete by Q1 2026.
The partnership aims to streamline investment operations through AI-driven onboarding and automation.
‘Transparency advocate’ Paul Atkins to succeed Gensler as SEC chair
Current chair Gary Gensler is set to officially depart on 20 January 2025.
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big xyt reflects on growth over the past year as it looks forward to 2025
The TRADE sits down with Mark Montgomery, head of strategy and business development at big xyt, to discuss the firm’s growth and areas of interest, what is changing in the market, and what can be expected for the industry next year.
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New development will enable spot matching functionality to the local interbank community for US dollar against the Nigerian naira.
Scheduled to launch in Q1 2025, GFO-X is the UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives.
Danske Bank is the latest member to join Equiduct’s Apex, its commission-free service.
The past week saw appointments across execution trading, fixed income, regulation, quantitative services and markets.
The move will consist of outsourcing the firm’s global, emerging market, European and US equity market index funds.
New service will offer insights to hedge funds, asset managers and other buy-side based off real-time liquidity mapping.
Named SpainAtMid, the new offering is set to make the trading of Spanish equities more attractive to the wider market.
The TRADE sits down with Maximilian Trossbach, Deutsche Börse’s project manager for Xetra Midpoint, to learn more about its new dark trading offering, including how liquidity is expected to evolve, the technical priorities, and the importance of an integrated approach.
Expanded coverage will enable clients trading munis to benefit from accurate and unbiased reference pricing for the MSRB-reportable municipal bond market.
Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.
Current chair Gary Gensler is set to officially depart on 20 January 2025.
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