Asset Classes

The launch is planned for Q2 2026 and will be an industry-first, set to connect the world’s largest US Treasury futures and cash liquidity pools.

New product suite spans US large cap technology and growth companies, marking the first traditional asset class to be integrated into One Trading’s existing infrastructure.  

New hire joins after a 16-year tenure at JP Morgan, where he worked across various FX-related positions.  

In a joint letter, Cboe, AFME, EBF, EFAMA and EPTA urge policymakers to make mandatory cash equity CCP clearing interoperability a key pillar of MISP to support the creation of “a truly competitive and integrated European capital market,” The TRADE understands.  

The removal will better reflect ETF and futures price information in real time, reducing the likelihood of trading disruptions, and aligns with ADX’s continual build out of its derivatives offering.  

TME was the only publicly-confirmed organisation to submit a tender; tape is currently expected to go live in June 2027.  

The transition deadline came to an end of 1 July 2026, and will also mean non-EU entities cannot provide crypto-asset services to EU clients, nor can certain services be outsourced to unauthorised firms.  

The plans come following recent market shifts and turbulence, such as the Middle East conflict, and aim to curb risk posed by a small number of firms holding concentrated positions and triggering destabilising cross-market unwinds.  

The transaction took place on the Canton Network between Franklin Templeton and Virtu Financial, and comes amid growing institutional momentum behind tokenised real-world assets.  

On average, 47,009 inbound records were processed daily in first week of tape operations; ETS Connect UK has confirmed it will open-source the full suite of data quality validation logic for the tape to boost transparency.