News Centre

BSE Records Highest-Ever Financial Performance With Rs. 1,618 Crores Revenue, Growth Of 70%

Date 08/05/2024

• BSE declares a Final Dividend of Rs 15 per equity share having face value of Rs 2 each for FY 2023-24.
• BSE delivered a record year in terms of revenues, achieving total revenues of Rs. 1,618 crores, registering a growth of 70% for FY2024.
• Consolidated Net profit attributable to the shareholders excluding CDSL Stake sale for the year ended March 31, 2024, stands at Rs. 410.9 crores.
• Consolidated Operating EBITDA for the March 31, 2024, up by 103% to Rs. 399.9 crores from Rs. 197.4 crores in previous year, with EBITDA margin expanding to 29% from 24%.
• For FY24, BSE traded 11.3 billion contracts in Equity Derivatives segment, since its relaunch on 15th May 2023, generating a total revenue of Rs. 176 crores.
• Total number of transactions in BSE StAR MF grew by 55% to reach 41.1 crores transactions during FY 2024 from 26.5 crores last year, with BSE continuing a market share of 89%.

ACER Approves The European Resource Adequacy Assessment (ERAA), Marking A Milestone For The Security Of Electricity Supply Across EU Member States

Date 08/05/2024

ACER approves the European Network of Transmission System Operators for Electricity’s (ENTSO-E’s) European Resource Adequacy Assessment for 2023 (ERAA 2023). However, ACER also calls for further enhancements in the next annual assessment (ERAA 2024).

UK And Singapore Strengthen Collaboration In Sustainable Finance And FinTech

Date 08/05/2024

The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in Singapore today. Both countries discussed collaboration opportunities in priority areas such as sustainable finance and FinTech and innovation, and exchanged views on recent developments in non-bank financial intermediation (NBFI) as well as efforts to improve cross-border payment connectivity.  

HKEX To Introduce Weekly Stock Options

Date 08/05/2024

• HKEX to introduce weekly contracts on 10 selected single stock option classes by the end of 2024
• Spot week and next week contracts will be offered in addition to the existing monthly contracts
• HKEX’s Weekly Hang Seng Index Options are among the fastest growing derivatives products with its ADV quadrupled since 2019

EEX Group Monthly Volumes – April 2024

Date 08/05/2024

EEX Group reports its monthly volumes with the following highlights:

• EEX Group global power markets reached a total of 1,139 TWh (+ 72% YoY) traded on the spot and derivatives markets (+72% YoY) which is a new record volume. This comprises a trading volume that more than doubled on the European power derivatives YoY (+141%), including a new monthly record on German Power Futures (523.1 TWh).
• Volumes on the European power spot markets increased by 23% YoY, reaching sound growth rates on the EPEX Day-Ahead markets (+ 24%) and the intraday markets (+ 21%) with EPEX SPOT recording an all-time record in intraday markets.
• Trading activities in Japanese Power Futures remain strong: In April, a volume of 4.7 TWh was registered, constituting a 225% growth YoY.
• EEX’s European natural gas derivatives markets increased by 26% YoY to 329.4 TWh, including a new record on the Italian PSV hub, at 7.6 TWh.
• European emissions trading rose by 142% in total. While trading on the emissions spot market reported a 34% growth overall, trading on the EEX emissions derivatives markets increased by remarkable 568% YoY. North American environmental contracts reported a 11% growth YoY.
• Trading in European Dairy Futures almost doubled YoY, reaching a volume of 5,464 contracts (equals 27,320 tonnes) – a growth by 118%.

CIBC Mellon Leverages Duco Technology To Enhance Enterprise Data Automation

Date 08/05/2024

CIBC Mellon has announced its strategic collaboration with Duco, a leading SaaS provider of AI-powered data automation. By leveraging Duco's advanced capabilities, CIBC Mellon is set to lower operational risk, streamline processes, and empower finance and operations teams.

Pedram Tadayon Joins Mitigram As Chief Executive Officer

Date 08/05/2024

Mitigram, the global leader in digital trade financing, is pleased to announce the appointment of Pedram Tadayon as Chief Executive Officer.

GPW: Appointment Of The Management Board Of Towarowa Giełda Energii For The Next Term

Date 08/05/2024

• The Extraordinary General Meeting of Towarowa Giełda Energii (TGE) on 6 May 2024 has appointed Piotr Listwoń, current Vice-President and COO, as President of the Management Board for the next term
• By decision of the TGE Supervisory Board, Jarosław Ziębiec will remain on the Management Board as Vice-President for Business Development for the next term
• The Supervisory Board has appointed Mariusz Buraczyński as Vice-President and COO for the next term, subject to approval by the Polish Financial Supervision Authority
• The President and Members of the TGE Management Board were appointed following a competition procedure.
• The new term of office will commence on the day following the date of the General Meeting approving the Company’s financial statements for the financial year ended 31 December 2023
• Piotr Zawistowski will serve as President of the TGE Management Board until the expiry of his current mandate. After its expiry, the cooperation is planned to continue in a different formula

Global Fund-Raising Solutions Brand ApexInvest Appoints New MD

Date 08/05/2024

Apex Group, the leading global financial services provider, has appointed a new Managing Director of ApexInvest. Based in Abu Dhabi, John Papesh is the global head of Apex Invest, focusing on advisory, capital raising and distribution solutions. 

Kaizen Selected As FinCrimeTech50 Company

Date 08/05/2024

Leading regulatory technology firm, Kaizen today announced that it has been selected for the FinCrimeTech50 listing, an exclusive directory which highlights the leading firms in the world of financial crime and fraud prevention, and organisations who are focused on supporting businesses in developing their financial crime risk management strategies.