News Centre

Euronext To Launch Voluntary Share Exchange Offer For All ATHEX Shares

Date 31/07/2025

• Euronext announces the submission of a voluntary share exchange offer to acquire all shares of HELLENIC EXCHANGES-ATHEX STOCK EXCHANGE S.A. (“ATHEX”), in exchange for newly issued Euronext shares, at a fixed conversion rate of 20.000 ATHEX ordinary shares for each new Euronext share.

• The combination between Euronext and ATHEX is in line with Euronext’s ambition to integrate European capital markets. The combined Group will foster harmonisation of European capital markets on a unified technology. Greek markets would benefit from increased visibility towards global investors as part of the largest single liquidity pool in Europe.

• €12 million of run-rate annual cash synergies are expected by 2028, with implementation costs related to these synergies expected at €25 million.

• The Offer is in line with Euronext’s investment criteria of ROCE > WACC in year 3 to 5 after the acquisition and is expected to be accretive for Euronext shareholders after delivery of synergies in year 1.

• ATHEX Board of Directors is unanimously supportive of the Offer to ATHEX shareholders and entered into a cooperation agreement with Euronext.

ATHEX Board Announcement In Response To Euronext Offer

Date 31/07/2025

The board of directors of Hellenic Exchanges-Athens Stock Exchange S.A. (“ATHEX” and the “Board”) wishes to inform the investing public that, on 1 July 2025, the Board received a non-binding conditional share exchange offer (the “Proposal”) from Euronext relating to a possible tender offer. The Proposal valued ATHEX at €6.90 per share based on an exchange ratio of 21.029 ATHEX shares for each new Euronext share and the closing share price as of 30 June 2025. 

Hong Kong Securities and Futures Commission Obtains Six-Year Disqualification Order Against Former Vice-Chairman And Executive Director Of Zhongda International Holdings Limited

Date 31/07/2025

The Securities and Futures Commission (SFC) has obtained a disqualification order in the Court of First Instance against Mr Zhang Yuqing, the former vice-chairman and executive director of Zhongda International Holdings Limited (Zhongda).

ASX Chief Compliance Officer To Resign

Date 31/07/2025

Following a successful career at ASX spanning 15 years, ASX Chief Compliance Officer Daniel Moran has announced his resignation. 

New Zealand Financial Markets Authority: Southern Cross Travel Insurance Admits To Making Misleading Statements And Pays More Than $1million

Date 31/07/2025

Following an investigation, Southern Cross Benefits Limited (trading as Southern Cross Travel Insurance) has admitted liability for breaches of fair dealing laws and has paid $1,105,000 to the Crown.

SIFMA Statement On President’s Working Group Report On Digital Assets

Date 30/07/2025

SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr. on the President’s Working Group (PWG) report on digital assets, entitled “Strengthening American Leadership in Digital Financial Technology”:

“SIFMA appreciates the engagement of the President’s Working Group (PWG) on Digital Assets Markets in supporting innovation and regulatory modernization.  SIFMA has proposed a series of recommendations to the PWG to bolster U.S. leadership in digital assets by removing obstacles to bank engagement with digital asset activities, and we welcome the PWG’s support for many of these recommendations.  This includes clarifying that banks can permissibly engage in crypto asset activities; creating consistent rules across agencies; regulating the activity, not the technology; and setting clear and uniform risk-management expectations."

Acting CFTC Chairman Pham Lauds Presidential Working Group Recommendations To Usher In Golden Age Of Crypto In The U.S.

Date 30/07/2025

The President’s Working Group on Digital Asset Markets today released a multi-agency report on recommendations to strengthen American leadership in digital financial technology. The report included input from multiple federal agencies, including the Commodity Futures Trading Commission.

BlackRock And Standard Chartered Execute First Indian Government Bond Trade Electronically Via MarketAxess

Date 30/07/2025

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the successful execution of the first trade on its newly launched, fully electronic trading solution for Indian Government Bonds (IGBs), designed specifically for Foreign Portfolio Investors (FPIs) and market makers.

Statement On The President’s Working Group Recommendations, Paul S. Atkins, SEC Chairman, July 30, 2025

Date 30/07/2025

The policy recommendations that the President’s Working Group (PWG) put forth today follow months of deep collaboration across agencies and perspectives. Together, we have developed a blueprint to achieve President Trump’s vision of making America the crypto capital of the world.

Federal Reserve Issues FOMC Statement

Date 30/07/2025

Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated.