ICE takes $1.1 billion write off for stake in crypto platform Bakkt
The exchange expects to reduce the carrying value of its investment in Bakkt to $400 million from $1.5 billion earlier this year.
The exchange expects to reduce the carrying value of its investment in Bakkt to $400 million from $1.5 billion earlier this year.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Derivatives Exchange Group this year: including Cboe Europe Derivatives (CEDX), CME Group, Eurex, Euronext and ICE.
Buy-side panellists were united in their agreement that the rising cost of data was impacting them most heavily.
Integration will allow clients to access data which can be used to inform trading, risk management and profit and loss management.
Given the latest developments for the asset class in today’s unprecedented climate of volatility, Wesley Bray looks at how equity derivatives have evolved over the years - and how the big European exchanges are battling it out to differentiate themselves in the current competitive marketplace.
The enhanced platform now covers over two million fixed income securities.
According to options market maker Mako, rates have seen substantially more two-way trading compared to the systematic trading from a few years ago.
Change of direction sees ICE offload its Euroclear stake to two government-owned investment firms for the same price agreed with Silver Lake last year.
As part of the partnership, ICE’s network will give market participants access to high-quality crypto data.
The new service is aimed at helping participants meet new requirements resulting from recent amendments to the Securities and Exchange Commission (SEC) rules.