News Centre

FSB MENA Group Discusses Artificial Intelligence, Cyber Risk And Operational Readiness

Date 06/11/2024

The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in Saudi Arabia. The meeting was hosted by the Saudi Central Bank (SAMA), at its headquarters in Riyadh.

Tradeweb Reports October 2024 Total Trading Volume Of $54.7 Trillion and Average Daily Volume Of $2.35 Trillion

Date 06/11/2024

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for the month of October 2024 of $54.7 trillion (tn). Average daily volume (ADV) for the month was $2.35tn, an increase of 34.1 percent (%) year-over-year (YoY). Excluding the impact of the ICD acquisition, which closed on August 1, 2024, total ADV for the month of October was up 18.4% YoY.

Exegy Wins Buy-Side Award For Record-Breaking FPGA Solution

Date 06/11/2024

Exegy, a leading provider of market data and trading technology for the capital markets, is pleased to announce that nxFramework, its standardized FPGA development framework, has been named Best Buy-side Newcomer for the 2025 Waters Technology Buy-side Technology Awards.  

All Aboard: Strong Infrastructure For Smooth Journeys, Speech By Emily Shepperd, UK Financial Conduct Authority Chief Operating Officer, Delivered At The UK Sustainable Investment And Finance Association (UKSIF) Leadership Summit, IET London

Date 06/11/2024

Highlights

• Our objectives underpin the growth of the economy and encourage investment required for UK and financial services to achieve net zero by 2050.
• We will continue to engage with industry, balancing proportionate regulations more broadly while recognising and avoiding unnecessary regulatory pressures and costs on businesses.
• Our expansion to Leeds and Edinburgh enables us to attract new talent and better reflects the demographic of firms nationwide. 

Rick McVey To Retire from MarketAxess - Carlos Hernandez Elected As Next Chairman

Date 06/11/2024

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Founder and Executive Chairman Rick McVey will retire at the end of the year. Carlos Hernandez will succeed Mr. McVey as Chairman of the Board of Directors, effective January 1, 2025. Mr. McVey has agreed to remain as the Chairman of the Board of Directors of MarketAxess Limited, the Company’s international holding company.

MarketAxess Reports Third Quarter 2024 Financial Results

Date 06/11/2024

• Revenue Growth of 20% Driven by Strong Growth in Total Credit ADV on Higher Market Volumes
• Record Portfolio Trading ADV; Record Municipal Bonds ADV and Estimated Market Share

Tehran Securities Exchange: Kish Invex Hosts Iran Financial Markets

Date 06/11/2024

The 11th international exhibition of " Exchange, Bank, Insurance and Privatization" kicked off on 4 November 2024.

NSE Indices Fixed Income Index Dashboard For The Month Ended October 2024

Date 06/11/2024

Click here to download the ' Fixed Income Index Dashboard' for the month ended October 2024. 

Vermiculus Opens New Office In Umeå To Support Continued Growth - New Location In One Of The Strongest FinTech Hubs In The Nordics Strengthens Vermiculus’ Capacity To Meet Global Demand

Date 06/11/2024

Vermiculus, a global provider of trading, clearing, and CSD technology, is growing rapidly and is pleased to announce the opening of its new office in the university town Umeå, in Northern Sweden.

HKEX Monthly Market Highlights

Date 06/11/2024

Highlights

- Securities Market

• Market capitalisation was $35.2 trillion at the end of October 2024, an increase of 14 per cent from $30.8 trillion for the same period last year.
• The average daily turnover in October 2024 was $255.0 billion, an increase of 224 per cent from $78.8 billion for the same period last year.
• The average daily turnover for the first ten months of 2024 was $127.8 billion, an increase of 20 per cent when compared with $106.6 billion for the same period last year.
• The average daily turnover of CBBCs for the first ten months of 2024 was $6.5 billion, an increase of 5 per cent when compared with $6.2 billion for the same period last year.
• The average daily turnover of ETFs for the first ten months of 2024 was $15.1 billion, an increase of 30 per cent when compared with $11.6 billion for the same period last year.
• The average daily turnover of L&I Products for the first ten months of 2024 was $2.9 billion, an increase of 32 per cent when compared with $2.2 billion for the same period last year.
• The average daily turnover of Debt Securities for the first ten months of 2024 was $570 million, an increase of 27 per cent when compared with $450 million for the same period last year.
• On 8 October 2024, turnover reached a record high of $620.7 billion.
• On 8 October 2024, turnover of Northbound Stock Connect and Southbound Stock Connect reached record high of RMB510.1 billion and HK$280.3 billion respectively
• There were 54 newly listed companies for the first ten months of 2024, an increase of 4 per cent when compared with 52* for the same period last year.
• Funds raised through IPOs# for the first ten months of 2024 was $68.6 billion, an increase of 116 per cent when compared with $31.7 billion for the same period last year.
• Total funds raised for the first ten months of 2024 was $149.7 billion, an increase of 37 per cent when compared with $109.1 billion for the same period last year.