News Centre

Global X ETFs Launches Fixed-Income ETF Tracking Solactive 1-3 Month US T-Bill Index

Date 27/06/2023

The Federal Reserve has raised the interest rates ten times since March 2022 to fight rising inflation rapidly. This movement has led money market instruments to yield higher returns than some alternative investment options. In light of this landscape, there has been a noticeable increase in investor interest in allocating resources into less risky market segments, i.e. short-term fixed-income products. To tap into this potential, Global X ETFs has launched the Global X 1-3 Month T-Bill ETF, tracking the Solactive 1-3 month US T-Bill Index and offering investors a chance to diversify their portfolio within the fixed-income space.

AIRWELL GROUP Lists On Euronext Growth Paris

Date 27/06/2023

• Transfer from the compartment Euronext Paris Access+, where AIRWELL GROUP was listed since 2021, to Euronext Growth

• €6.1 million raised

• Market capitalisation of €30.4 million

LiquidityBook Connects With ICE ETF Hub For Straight-Through ETF Primary Market And Portfolio Management Workflows

Date 27/06/2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that LiquidityBook’s Order and Execution Management System (OEMS), LBX, has been integrated with the ICE ETF Hub to offer efficient access to the ETF primary market, where new ETF shares are created and redeemed.

Amid Record Demand, CME Group Announces Expansion Of WTI Options

Date 27/06/2023

CME Group, the world's leading derivatives marketplace, today announced plans to expand WTI Crude Oil options to include Monday and Wednesday expiries. Pending regulatory review, the new contracts will begin trading on July 31, 2023.

Ferretti Group Lists On Euronext Milan

Date 27/06/2023

• 9th listing in 2023 on Euronext Milan

• Ferretti Group brings the total number of companies listed on Euronext Milan to 226

• 27th listing on Euronext in 2023

• Ferretti Group raised €265 million in the placement phase, and could raise up to €292 million in case of a full exercise of the over-allotment option

UK Chancellor To Sign Financial Services Agreement With EU

Date 27/06/2023

• Chancellor of the Exchequer Jeremy Hunt is expected to sign a Memorandum of Understanding on financial services which sets out plans for UK/EU cooperation
• Comes as the Chancellor is in Brussels for the first time in post on Tuesday 27 June
• Chancellor Hunt will discuss UK/EU cooperation with his counterparts at the European Commission

Electronic Trading At An Inflection Point As Traders Using Sophisticated Tech Gain An Edge: New Research

Date 27/06/2023

• Majority of senior fixed income traders at buy-side firms managing $22 trillion consider move to electronic trading; existing adopters of Execution Management System (EMS) technologies believe they have a competitive edge

US Treasury’s Federal Insurance Office Releases Report Assessing Climate-Related Risk, Gaps In Insurance Supervision - Treasury’s Federal Insurance Office Releases Report Assessing Climate-Related Risk, Gaps In Insurance Supervision

Date 27/06/2023

Today, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) released a report entitled, Insurance Supervision and Regulation of Climate-Related Risks. The report, which is in response to President Biden’s Executive Order on Climate-Related Financial Risk, assesses climate-related issues and gaps in the supervision and regulation of insurers.

Monetary Authority Of Singapore Proposes To Increase Deposit Insurance Coverage

Date 27/06/2023

The Monetary Authority of Singapore (MAS) today published a public consultation paper on proposals to increase deposit insurance (DI) coverage per depositor to S$100,000, and to improve the clarity and operational efficiency of the DI Scheme. 

ETFGI Reports ETFs Industry In Asia Pacific ex Japan Gathered Net Inflows Of US$20.51 Billion Buring May

Date 27/06/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$20.51 billion during May, bringing year-to-date net inflows to US$44.15 billion. During the first 5 months of the year, assets increased by 7.9%, going from $578.72 Bn at end of 2022 to $624.62 Bn, according to ETFGI's May 2023 Asia Pacific (ex-Japan) ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)