As expected, northbound orders on the first day of the Shanghai-Hong Kong Stock Connect outpaced southbound orders, as PRC traders looked south for mainland firms previously inaccessible in their home markets.
The Johannesburg Stock Exchange (JSE) has completed the second phase of its T+3 project, a move that will see the settlement cycle for South African equities cut by two days.
BGC Partners has tapped James Cawley as the chief executive for its swap execution facility (SEF) subsidiary, BGC Derivatives Markets, as it looks to aggressively accelerate its hold in the interest-rate swaps market.
Exchanges have yet to receive regulatory approval to launch the landmark trading link between Hong Kong and China, as issues over taxation and asset ownership remain unresolved.
Intercontinental Exchange (ICE) has continued its expansion, entering into a definitive agreement for an all-cash, approximately $350 million acquisition of SuperDerivatives, a provider of risk management analytics, financial market data and valuation services.
BATS Global Markets completed a successful test of the operations of its U.S. equities exchanges BZX and BYX, and BATS Options, from its disaster recovery (DR) site, as part of its business continuity planning process.
Hong Kong Exchanges and Clearing (HKEx) says that a two-day connectivity test for the Shanghai-Hong Kong Stock Connect commenced on Saturday and worked smoothly.
BATS Global Markets has signed a 10-year lease renewal at its Kansas City-area global headquarters, and the exchange operator will be opening a Chicago office as well.
The London Stock Exchange Group (LSEG) and Casablanca Stock Exchange (CSE) have signed a strategic agreement to expand CSE’s activity in the North Western and Central African regions.