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TT® Trade Surveillance Captures Second Award Within Weeks For Best-In-Class Offering - Named Best Trade Surveillance Solution In A-Team Group's Capital Markets Technology Awards APAC 2025

Date 07/07/2025

Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, captured the second major award in a matter of weeks for its TT Trade Surveillance platform, which was named Best Trade Surveillance Solution in the Capital Markets Technology Awards APAC 2025 on Thursday. The offering was recognized by Risk.net last month as Trade Surveillance Product of the Year in the 2025 Risk Technology Awards.

Tradeweb Reports June 2025 Total Trading Volume Of $52.0 Trillion And Average Daily Volume Of $2.4 Trillion - June 2025 ADV Up 25.9% YoY Second Quarter 2025 ADV Up 32.7% YoY

Date 07/07/2025

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 June 2025 of $52.0 trillion (tn)[1]. Average daily volume (ADV) for the month was $2.4tn, an increase of 25.9 percent (%) year-over-year (YoY). For the second quarter of 2025, total trading volume was a record $165.3tn and ADV was a record $2.6tn, an increase of 32.7% YoY, with preliminary average variable fees per million dollars of volume traded of $2.30 and total preliminary fixed fees for rates, credit, equities and money markets of $93.8 million (mm)[2]. Excluding the impact of the ICD acquisition, which closed on August 1, 2024, total ADV for the month of June was up 13.0% YoY.

The EBA Consults On Draft Guidelines On Ancillary Services Undertakings

Date 07/07/2025

The European Banking Authority (EBA) today launched a public consultation on its draft Guidelines on Ancillary Services Undertakings (ASUs). The draft Guidelines set out clear, simple and consistent criteria for the identification of activities referred under the Capital Requirements Regulation (CRR). The consultation runs until 7 October 2025.

Moscow Exchange: Changes To The Formula For Calculating Additional Fee

Date 07/07/2025

Starting from July 25, 2025, a revised formula for calculating Additional Fee will be introduced in the Securities Market section.

• The coefficient M is reduced fivefold, from the current 1.0 to 0.02, thereby lowering the final Additional Fee.
• The coefficient k is increased from 0.05 (five hundredths) to 0.07 (seven hundredths).
• The asset liquidity coefficient L, as previously, takes values of either 0.5 or 1.0 depending on the presence of the market maker flag, but it is now considered at an earlier stage.
• A new multiplier K_i is introduced to calculate the normalized number of orders related to the Passive Only flag, which can take values of 0.5 or 1.0.
• The parameter Orders_i_type is introduced to denote the number of orders submitted by the User on behalf of themselves or their Client into the Exchange Trading System for each trading day according to the order type (i).
• The value of Orders is updated to represent the normalized number of actual orders submitted. This plays a crucial role in recalculating orders exceeding the threshold of 1 million units/day.
• The daily ceiling for Additional Fee is increased from 300,000 RUB to 1.5 million RUB.

Read more on the Moscow Exchange: https://www.moex.com/n91788

Leading Finance Provider Renews Commitment To Innovation With The Return Of UK FinTech Incubator For The Third Time

Date 07/07/2025

Leading finance provider BNP Paribas Personal Finance, in partnership with SuperTech WM, has renewed its commitment to drive regional financial services innovation with the return of the Innovation Lab, its UK FinTech Incubator Programme, for a third consecutive year.

MarketAxess Announces Trading Volume Statistics For June And Second Quarter 2025

Date 07/07/2025

• Surpassed $1 Trillion in Total Credit Quarterly Trading Volume for the First Time; Record $2 Trillion in Total Rates Volume
• 43% Increase in Total Trading ADV in 2Q25 Driven by 22% Increase in Total Credit ADV and 58% Increase in Total Rates ADV

ICE Mortgage Monitor: Amid A Cooling Housing Market, Early Signs Of Homeowner Risk Emerge - Rising Negative Equity, Affordability Workarounds, And Student Loan Burdens Point To Growing Financial Strain For Some Homeowners

Date 07/07/2025

ICE Mortgage Technology, a neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc. (NYSE: ICE), today released its July 2025 Mortgage Monitor report. ICE data reveals that beneath the surface of a broadly cooling but stable housing market, early signs of financial stress are emerging among subsets of homeowners. Pockets of vulnerability can be seen in rising negative equity, increased use of mortgage products that improve short-term affordability, and exposure to student loan debt.

SET Market Report For June 2025

Date 07/07/2025

Escalating tensions in the Middle East triggered brief global market turbulence as oil prices spiked to USD 70–80 per barrel. Concurrently, investors closely monitored tariff negotiations following the informal announcement of the agreement between the United States and Vietnam, the first ASEAN nation that reached a tariff reduction deal. Domestically, the Thai equity market faced additional pressure from Thailand-Cambodia border disputes and domestic political uncertainty in June after the Constitutional Court decided to accept the impeachment petition filed by a group of senators and to suspend the Prime Minister from her prime ministerial duties.

Saudi Exchange Launches The Saudi Depositary Receipts (SDRs) For The First Time In The Saudi Capital Market

Date 07/07/2025

The Saudi Exchange announced the launch of the Saudi Depositary Receipts (SDRs), introducing a new financial instrument that provide investors in the Saudi Capital Market with ease of access to shares of listed foreign companies in global capital markets. This milestone marks another significant step in positioning the Saudi market as a leading global financial hub.

Lloyd’s Managing Agent Authorisation Process To Be Streamlined To Support Growth

Date 07/07/2025

The Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and the Society of Lloyd’s (‘Lloyd’s’) have agreed changes to streamline the process of regulatory approval for Lloyd’s managing agents, intended to reduce the timeframe for authorisation.