Bourse de Casablanca’s launch is set to support the development of Morocco’s financial ecosystem, and will initially support futures contracts on the MASI.20 index, with further instruments set to follow in the future.
As prediction markets continue to garner significant traction across everything from sports to politics, the concept is now entering the radar of institutional trading. Natasha Cocksedge explores the up-and-coming sector to question whether it is truly about ‘buying into the future’ and where the line between trading and gambling is drawn.
The new contracts will cover Avalanche and SUI futures in both micro and larger sizes; go live set for 4 May.
The collaboration is set to enable the creation of a low-latency execution trading environment for Australian capital markets.
The move is set to boost FX price formation for the exchange, and support Singapore Exchange (SGX) FX’s clients in accessing liquidity.
The new offering is expected to complement the firm’s existing public cloud partnerships with Amazon Web Services (AWS), Microsoft and OVHcloud.
Trading of the contracts is currently scheduled to go live on 28 April, and will also see BNP Paribas acting as a market maker to support liquidity, subject to regulatory approval.
The development aligns with ongoing efforts to form a regional infrastructure layer connecting Argentina, Chile, Colombia and Peru, and is set to provide institutional clients across the world with real-time market data access, The TRADE understands.
The firm highlighted key drivers of growth, such as the completion of the Aquis and Baymarkets tie-ins over the course of 2025, contributing to a 5.4% net operating income increase.
Newly appointed executive previously served as global chief executive of Turquoise at LSEG and held senior roles across BCS Global Markets and ABN AMRO Clearing.