News Centre

HKEX: Swap Connect: New Tools, Enhanced Products And More Solutions, Glenda So, Co-Head Of Markets

Date 22/05/2024

Swap Connect launched in May 2023, marking a step forward for investors and creating the world’s first derivatives mutual market access programme.

Brickken Joins The First-Ever PwC Scale Tokenization & Digital Assets Program

Date 22/05/2024

Brickken ($BKN), a leader in the real-world asset industry, has been selected to participate in PwC’s Scale | Digital Assets program, a collaborative initiative with GrowthBuilders. This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client in the form of a venture capital fund based in Germany, further cementing Brickken’s aim at accelerating institutional adoption. 

The Tel-Aviv Stock Exchange Reports The Results Of The Financial Statements For The First Quarter Of 2024 - Record Revenue Of NIS 108 Million In The Quarter, An 8% Increase, With Growth Across All Activities EBITDA Increases By 12% To NIS 49 Million

Date 22/05/2024

• Revenue in the first quarter of the year NIS 108.3 million, compared to revenue of NIS 100 million in the corresponding quarter last year, an increase of 8%.
• The adjusted EBITDA in the first quarter of 2024 increased by 12%, totaling NIS 48.6 million, compared to NIS 43.5 million in the corresponding quarter last year.
• The adjusted profit in the first quarter totaled NIS 28 million, compared to NIS 26 million in the corresponding quarter last year, an increase of 7%.
• The market cap of the equity market at the end of the first quarter of 2024 reached NIS 1,155 billion, 9% greater than the market cap at the end of 2023, this as a result of the increase of TASE’s equity indices.
• Significantly higher daily trading volumes this quarter, with a 7% increase in shares and 18% in bonds compared to the average daily trading volume in 2023.

ESMA Makes Recommendations For More Effective And Attractive Capital Markets In The EU

Date 22/05/2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its Position Paper on “Building more effective and attractive capital markets in the EU”. The Paper includes 20 recommendations to strengthen EU capital markets and address the needs of European citizens and businesses.

Next Geosolutions Lists On Euronext Growth Milan

Date 22/05/2024

• 6th listing of 2024 on Euronext Growth Milan

• 14th listing on Euronext in 2024

• The company raised €57.5 million

Cboe Europe Derivatives Welcomes Interactive Brokers As New Trading Participant

Date 22/05/2024

• Interactive Brokers joins Cboe Europe Derivatives ("CEDX") and will provide its clients with access to the exchange's suite of pan-European equity derivatives in the current quarter
• The global electronic broker has become a direct trading participant of CEDX and clearing participant of Cboe Clear Europe N.V.
• CEDX recently expanded its range of equity options and now offers contracts on over 300 European companies

FSB Examines Vulnerabilities In Short-Term Funding Markets

Date 22/05/2024

• FSB analysis finds that commercial paper (CP) and negotiable certificates of deposit (CD) markets generally function well in normal times but are susceptible to illiquidity in times of stress.
• Potential reforms to enhance the functioning and resilience of CP and CD markets include improving market microstructure; enhancing reporting and transparency; and expanding private repo markets for CP and CD collateral.
• The idiosyncratic nature of CP and CD markets means that not all potential reforms may be appropriate or relevant for all jurisdictions.

Vienna Stock Exchange Repeats Record Result In 2023 Despite Subdued Trading Activity

Date 22/05/2024

• Consolidated financial statements 2023: Revenues EUR 78.9 million, profit on ordinary activities EUR 47.9 million
• Business diversification forms a strong strategic foundation
• Capital market is an effective instrument for green transformation

Mercuryo Launches Seamless On-Ramp Services On Gem Wallet

Date 22/05/2024

Global payments infrastructure provider Mercuryo has launched on-ramp services for Gem Wallet, a non-custodial wallet built for decentralised finance (DeFi). 

World Federation of Exchanges: Reducing Settlement Time – Where To Draw The Line?

Date 22/05/2024

The World Federation of Exchanges (WFE), the global industry association for exchanges and CCPs, has published novel research today that warns of the risks of adopting technologies, such as DLT, that radically reduce settlement time at the cost of market quality.