NINGI Research currently has a short position in the business, which has prompted a to and fro between the two companies as to the motivations behind the accusations levelled against Marex.
The launch forms part of a suite of enhancements to the firm’s dealer-initiated protocols and follows the expansion of Mid-X in 2024 to include emerging markets and eurobonds.
The pan-European exchange saw a 12.8% increase in overall revenue and income in the second quarter of this year, driven by strong results in its fixed income, clearing, FX and equity divisions.
Revenue increases were seen across equities, FX, derivatives, OTC derivatives, and fixed income – with the latter bolstered by Tradeweb tie in.
The outage caused the exchange to cancel all cash equities, ETPs and equity derivatives trades on Tuesday; incident spurs continued trader frustration regarding key market infrastructure.
In its quarterly report, AFME found that OTC trading made up the majority of off-venue volumes, constituting approximately 20%.
New exchange offers 44 trading pairs amongst significant assets such as Bitcoin, SOL, ETH, and XRP.
This partnership marks the advancement of both BSE’s attempt to strengthen global relations, and ADX’s continued efforts to uphold connections with international financial institutions.
First published by the FT, the group is reportedly eyeing a shift to an extended trading hours model, with ongoing discussions around the commercial, policy and regulatory implications of a move.
EuroCTP’s shareholder base now includes all 27 EU member states, with other shareholders including the Budapest Stock Exchange, SIX, Euronext and Nasdaq.