nuam – the merger between the Santiago, Lima, and Colombia stock exchanges – is set to drive capital market integration across Latin America thanks to this strengthened technology partnership with Nasdaq.
New offering aims to simplify access to South Africa’s secondary markets and contribute to growing the increasingly diverse community of asset managers, sell-side brokers, and technology providers in the region.
New technology platform will utilise MIAX’s proprietary trading, middle- and back-office technology; clearing, settlement and depository technology will be built in conjunction with Vermiculus.
The Group shared that since June 2024 its exchanges business unit has assumed a new organisational structure, adopting an asset class-based approach.
The exchange said the development comes as part of its goal to tackle post-trade fragmentation in Europe and open up new trading and investment opportunities.
The exchange aligns with Cboe Global Markets and the New York Stock Exchange, who have also announced plans to extend trading hours for US equities on their respective platforms.
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
The division saw the largest growth year-on-year - up 18.2% - reaching £1.83 billion in 2024.
Two new post-trade subsidiaries have also been announced, helping support the securities markets.
Overall trading revenues grew 14% year-on-year to €559 million, driven by strong results within its fixed income, FX and cash trading segments.