MSCI rebalance sees closing auction volumes soar by 800%
Euronext, the London Stock Exchange, Deutsche Borse’s Xetra, SIX Swiss Exchange and Nasdaq’s OMX took the top five spots with the former reporting €16.6 billion in volumes.
Euronext, the London Stock Exchange, Deutsche Borse’s Xetra, SIX Swiss Exchange and Nasdaq’s OMX took the top five spots with the former reporting €16.6 billion in volumes.
New futures contract will facilitate the reallocation of assets from the CAC 40 index to its ESG equivalent; it has been supported by BNP Paribas and Société Générale.
Exchange operator’s trading revenue grew to €150.8 million resulting from strong activity across asset classes with cash trading revenue growing to €94.0 million.
Several speakers agreed the potential change to the length of the Close was in the wrong direction, considering previous attempts to shorten market hours.
Data centre moves by Euronext and SIX Swiss Exchange could increase implicit costs by allowing larger firms with faster connections to take advantage, says Cowen’s James Baugh.
The Italian deal drove a 27% growth of trading revenue and contributed €337.7 million to the exchange operator’s full year income.
CSD and exchange operator is observing Euroclear with “a lot of interest” its CEO Stephane Boujnah has said during an interview with Bloomberg.
The new membership network has already attracted buy-side firms and aims to address environmental challenges specific to trading firms through accountability to the wider industry and investors.
Clients will benefit from a unified process that accepts trade data, checks for accuracy and validity, and sends the transaction data to Euronext ARM directly.
The new option contract will beat competitors’ offerings with stronger financial advantages, the exchange operator claimed.