Clear Street names new head of prime brokerage
Individual brings more than 25 years of experience at Goldman Sachs, acting as partner for 14 years.
Nomura acquires Macquarie US and EU asset management units for $1.8 billion
The deal is valued at an all-cash price of $1.8 billion and will see the Japanese firm expanding its global capabilities across equities, fixed income and multi-asset strategies.
Clearwater Analytics completes acquisition of Enfusion for $1.5 billion
The deal is expected to provide the first cloud-native front-to-back platform for the investment management industry.
Hidden Road receives FINRA broker-dealer approval
The approval builds on Hidden Road’s recent expansion of its fixed income prime brokerage platform and follows the firm’s acquisition by Ripple announced earlier this month.
Miami International Holdings starts publishing Bloomberg 500 Index
Bloomberg 500 Index’s availability will pave the way for the listing of futures and options on MIAX exchanges in H2 2025.
IEX firms up launch date for new options exchange
Launch is set to be completed by Q2 2026 and is expected to tackle risk management challenges faced in the options markets.
ICE Bonds unveils RFQ protocol for mortgage-backed securities
The functionality aims to reduce dependency on transactions via voice and chat messaging and allow clients to transmit electronic MBS requests anonymously.
One Trading becomes EU’s first Mifid II-regulated venue for crypto perpetual futures
The platform will combine derivatives product creation and offer real-time settlement of all derivative positions 24/7 with a sub-1-minute settlement.
Cboe expands options on S&P 500 Equal Weight Index
The new options come amid increased interest in options due to US equity market exposure and volatility; Belvedere Trading will be the lead market maker.
StoneX acquires US clearing broker RJ O’Brien
The move will expand StoneX’s client base and provide greater access to liquidity across fixed income markets, said the firm.