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Taglich Brothers Censured and Fined By FINRA
FINRA has censured Taglich Brothers Inc. and imposed a $60,000 fine after finding that the New York-based broker-dealer willfully violated Regulation Best Interest (Reg BI), failed to deliver Form CRS to certain retail investors and did not maintain adequate supervisory controls.
The findings, published in a Letter of Acceptance, Waiver and Consent, state that from June 2020 to the present, the firm failed to comply with Reg BI’s Conflict of Interest and Compliance Obligations.
FINRA said Taglich Brothers did not establish or enforce written policies and procedures tailored to its business model until July 2022, despite knowing in advance of the June 2020 compliance date that changes were required.
According to FINRA, associated persons at the firm held stakes in issuers and served on issuer boards while recommending those securities to retail customers.
The regulator claims that Taglich Brothers shared fees and personnel with a non-FINRA private equity entity involved in deal structuring and ongoing services, yet its procedures did not sufficiently address conflicts arising from these arrangements.
FINRA also stated that the firm failed to deliver Form CRS to certain retail investors who participated in private placements and that it did not implement supervisory procedures to ensure compliance with Form CRS requirements.
In addition, Taglich Brothers did not conduct supervisory control testing or provide required annual reports to senior management from at least 2018 onwards.
Alongside the censure and fine, the firm must certify within 60 days that it has remediated the issues identified and implemented compliant supervisory systems and controls.
FINRA said the settlement includes a finding that the firm’s willful violation of Reg BI subjects it to statutory disqualification. Taglich Brothers accepted and consented to the findings without admitting or denying them.
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Euronext Launches Professional Crypto ETP Segment on ETFplus
Euronext has launched a new professional-only segment on ETFplus to expand institutional access to crypto-linked exchange-traded products within a regulated market environment.
The new segment will allow professional investors in the Italian market to trade crypto ETPs with full exchange-grade post-trade services, including euro-denominated trading, clearing via Euronext Clearing and settlement through Euronext Securities Milan.
Euronext stated that the initiative strengthens the integration of digital assets into Europe’s regulated financial ecosystem. It builds on the company’s existing crypto-linked product offering in Paris and Amsterdam, where more than 100 instruments are already listed.
The company noted that the move responds to increasing institutional demand for transparent and secure access to digital assets. It also aligns with supervisory recommendations aimed at ensuring investor protection while supporting innovation.
All instruments listed in the new segment are restricted to professional clients and must be accessed through authorised members connected directly to the ETFplus market. These members are responsible for ensuring availability is limited to eligible participants.
Aurelien Narminio, Head of Indices, ETFs and Securitised Derivatives, feels the launch marks a significant milestone. “It underscores our determination to foster a robust European market for digital assets,” he remarked.
The new segment, he added, “lays a solid foundation for further innovation and supports the growing demand for these assets in a transparent, competitive and regulated framework.”
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smartTrade Hires Tom Luker to Lead Global Corporate Development
smartTrade Technologies has appointed Tom Luker as Head of Corporate Development to support the company’s goal of building a fully integrated front-office trading and payments ecosystem.
Luker joins the Executive Leadership Team and will oversee global M&A and strategic investments. He will report directly to Co-Founder and CEO David Vincent.
The company said the hire accelerates its strategy of creating an end-to-end suite that allows clients to monetise flows, reduce risk and expand market share across trading and payments activities.
The plan has been advancing through the integration of kACE, the FX and interest rate derivatives platform acquired in late 2025. smartTrade said the integration is ahead of schedule across its LiquidityFX and Commercial Banking and Payments solutions.
Vincent believes Luker’s arrival strengthens smartTrade’s long-term ambitions. “Our goal is to create the most robust, integrated front-office ecosystem in the market,” he commented. “The success we are seeing with the kACE integration proves the appetite for our unified cross-asset payments and trading solutions.”
Luker brings 15 years of experience across financial market infrastructure, data and technology. His background includes nearly a decade at the London Stock Exchange Group, where he served as Co-Head of Corporate Development. He joins from Triple Private Equity, where he led software and data investments.
“smartTrade has established itself as a clear innovator in trading and payments technology,” Luker stated. He added that the momentum from the kACE acquisition provides a strong foundation for future expansion.
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Deutsche Bank and BlackRock Partner to Integrate HausFX with Aladdin
Deutsche Bank and BlackRock have announced a partnership to integrate Deutsche Bank’s HausFX platform with BlackRock’s Aladdin system.
The collaboration addresses long-standing operational challenges tied to cross-border securities activity, particularly as settlement cycles shorten and regulatory demands grow.
The companies stated that common clients will gain seamless access to Deutsche Bank’s FX-as-a-Service technology directly within Aladdin, allowing them to manage execution and workflows more efficiently.
HausFX includes embedded logic that covers currencies across developed, emerging and restricted markets.
By integrating it into Aladdin, clients are expected to be able to maintain control of the full trade lifecycle while reducing operational drag and minimising FX-related risks.
“This integration is demonstrative of the shared vision that exists between BlackRock’s Aladdin and Deutsche Bank to bring clients operational efficiency and performance through some of the best in tech,” remarked Panos Stergiou, Global Head of Institutional Client Group at Deutsche Bank.
Ollie Jerome, Head of FX for Europe at Deutsche Bank, said the partnership represents a “step change” for the market and will help firms identify new cost savings.
Kamya Somasundaram, Global Head of Aladdin Enterprise Partnerships at BlackRock, feels the collaboration reinforces the firm’s commitment to helping clients manage complexity. Integrating HausFX, she said, will give investors “a powerful, automated solution to manage FX seamlessly as part of their end-to-end investment workflow.”
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Cantor Joins 24X National Exchange to Expand Market Connectivity
Cantor has joined the 24X National Exchange as a member firm, expanding its electronic trading capabilities and giving clients broader access to U.S. equities.
The exchange, which secured U.S. regulatory approval for 23/5 equities trading in 2024, launched 16/5 operations last October. Cantor noted that the move supports its strategy of offering flexible and technology-driven execution options across global markets.
The investment bank has been steadily adding new electronic venues to its trading network since early 2024, including Blue Ocean, Bruce Markets and Moon ATS.
The firm believes joining 24X strengthens its ability to provide scalable infrastructure and improve liquidity access for clients.
“Cantor is focused on staying at the forefront of market access and execution for our clients,” said Pascal Bandelier, Co-CEO and Global Head of Equities. “Joining the 24X National Exchange strengthens our electronic trading capabilities and further supports our clients, positioning us to provide best execution and liquidity.”
24X Founder and CEO Dmitri Galinov stated that the exchange aims to support market participants seeking modern and efficient trading channels.
“We are pleased to welcome Cantor as a member firm,” he commented. “Cantor’s global reach, strong client relationships, and focus on best-in-class execution align closely with 24X’s mission to deliver a modern, efficient and convenient trading platform for sophisticated market participants.”
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ICE Launches New FTSE South Korea RIC Capped Index Futures
Intercontinental Exchange has launched a new futures contract providing international investors with broader access to South Korea’s equity market.
The FTSE South Korea RIC Capped Index Futures, approved by the U.S. Commodity Futures Trading Commission, are listed under the code SKO.
Developed in partnership with FTSE Russell and the Korea Exchange, the contract combines FTSE Russell’s RIC-capped methodology, which is designed to reduce single-name concentration and meet regulatory requirements, with ICE’s global derivatives platform.
The product is denominated in U.S. dollars and can be traded directly by U.S.-based investors.
ICE said the futures are aimed at supporting more efficient portfolio and risk management for international market participants.
Caterina Caramaschi, vice president of financial derivatives, stated that the launch reflects the group’s focus on building “transparent, efficient markets,” supported by deep liquidity across its equity index derivatives suite.
FTSE Russell’s Jan Thorwirth believes the initiative will provide “greater transparency, consistency and capital efficiency” for global investors seeking exposure to Korean equities.
The contract expands ICE’s existing FTSE derivatives franchise, which includes FTSE 100 and FTSE 250 futures and options.
Trading the new Korea futures on ICE allows participants to benefit from margin offsets across the exchange’s U.S. equity index products, which the company feels can improve capital utilisation and enhance portfolio efficiency.
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NatWest to Buy Evelyn Partners in £2.7bn Deal, Launches £750m Buyback
NatWest Group has agreed to acquire Evelyn Partners for £2.7 billion, a move the bank says will create the United Kingdom’s leading private banking and wealth management business.
The deal will be funded from existing resources and accompanied by a £750 million share buyback.
NatWest stated that combining Evelyn Partners with its existing Private Banking and Wealth Management business would expand fee-based income by about 20% ahead of planned synergies.
The merged operation will hold £127 billion in assets under management and administration and £188 billion in customer assets and liabilities.
Chief executive Paul Thwaite described the transaction as “a unique opportunity” to broaden the group’s financial planning, savings and investment services.
He added that the acquisition would accelerate the bank’s strategy and strengthen returns in a “high-growth, capital-light segment”.
Evelyn Partners, which oversees £69 billion in client assets, generated £179 million in EBITDA last year. Chief executive Paul Geddes remarked that joining NatWest marked “an exciting new chapter” and would provide scale and resources to enhance client service.
NatWest expects about £100 million in annual cost synergies, equivalent to roughly 10% of the combined cost base. It stated that the deal will be accretive to growth and return on tangible equity in the first year and generate higher returns than a standalone buyback.
The transaction is subject to regulatory approval and is expected to complete in summer 2026.
NatWest said it remains well capitalised and will revisit further buybacks at its half-year 2027 results.
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Plus500 Posts Higher Revenue, Average Deposit Per Active Customer Hits Record
Plus500 reported higher annual revenue and continued strategic expansion as the fintech group delivered preliminary results for 2025.
The company noted that revenue rose 3% year on year to $792.4 million, while EBITDA increased 2% to $348.1 million, both ahead of market expectations. Basic earnings per share climbed 10% to $3.93.
The broker saw continued strong momentum in customer deposits, with the average deposit per Active Customer increasing by 124% to a record level of approximately $26,900 during the year.
The group highlighted strong cash generation and a debt-free balance sheet, with cash resources of about $0.8 billion at year-end. Plus500 also announced shareholder returns of $187.5 million, including $87.5 million in dividends and $100 million in buybacks.
Chief executive David Zruia commented that 2025 marked “a year of accelerated strategic progress,” with the non-OTC business surpassing $100 million in annual revenue for the first time.
Customer segregated funds in the division rose 160% to more than $0.9 billion, reflecting what the firm described as increasing trust among both institutional and retail clients.
The company also cited progress across new products and geographies. It completed the acquisition of Mehta Equities in India in February, extending its regulatory footprint to 17 licences worldwide.
New permissions were secured in Canada, the UAE and Colombia, alongside a commodities licence in Japan.
Plus500 said prediction markets had emerged as a strategic growth engine, pointing to partnerships with CME Group, FanDuel and the launch of U.S. event-based contracts via Kalshi.
The group said trading momentum had continued into 2026 and that it expected full-year performance to exceed current market forecasts.
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Broadridge to Acquire CQG in Push to Expand Global Futures and Options Trading
Broadridge has agreed to acquire CQG, a major provider of futures and options trading technology, to expand its global multi-asset execution capabilities.
The company said the acquisition will integrate CQG’s execution management, analytics and connectivity tools with Broadridge’s existing order management and client connectivity systems, creating a unified platform for derivatives markets.
Frank Troise, president of Broadridge’s Trading and Connectivity Solutions business, feels the purchase will “accelerate Broadridge’s mission to deliver advanced, highly connected trading solutions on a global scale.”
He added that combining the firms’ technologies would simplify complexity, improve transparency and enhance workflow efficiency.
CQG chief executive Ryan Moroney remarked that his team was “truly excited” to join Broadridge, describing the combined offering as one defined by “speed, intelligence, and scale” that would help clients trade more effectively and access new markets.
Broadridge said the expanded suite will serve a broad client base, including FCMs, institutional investors, proprietary trading firms and hedge funds.
The acquisition also supports its innovation strategy across futures, options, FX and digital assets, with CQG’s agile development intended to accelerate delivery of new functionality.
The transaction includes the purchase of CQG, LLC and affiliated entities. Terms were not disclosed, and Broadridge does not expect a material impact on its financial results.
The deal is scheduled to close early in its fiscal fourth quarter, subject to regulatory approvals.
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iSAM Securities Launches CFDs on Futures Amid Rising Client Demand
iSAM Securities has launched a new CFDs on futures offering, expanding its liquidity and execution services in response to rising client demand for streamlined derivatives access.
The firm said the addition builds on its existing technology-led liquidity suite and is engineered to reduce operational complexity for institutional clients.
The new product provides auto-rolling CFDs on futures, allowing traders to maintain uninterrupted exposure without manually managing contract expiries.
Pricing is generated using iSAM Securities’ in-house technology and a quant-driven protocol that adjusts spreads in real time based on primary markets. The firm says the structure delivers consistency in volatile conditions.
The offering is available through existing client accounts and is supported by iSAM Securities’ regulated entities across Hong Kong, the United States and the Cayman Islands, which provide variable spreads and what the company calls “award-winning execution” under a robust supervisory framework.
Balraj Sroya said the rollout “reflects a truly client-led approach,” adding that the company had “been deliberate in taking the time to ensure this has been built to the standards our clients expect.” He stated that the focus on integration was intended to provide “reliability across markets.”
The launch comes after a period of heightened volatility, during which the firm continued to perform as a stable liquidity provider.
Recent investments include a move to a larger London headquarters and continued expansion of its technology platform. iSAM Securities feels the developments signal confidence in its long-term growth strategy despite shifting market conditions.
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Marex to Acquire Webb Traders to Boost Equity Derivatives Capabilities
Marex Group has agreed to acquire European equity derivatives market maker Webb Traders, a move the firm says will strengthen its technology-led market making and broaden its equity-linked capabilities.
The deal, announced on Friday, will add teams across Amsterdam and Paris specialising in single-stock options for European and U.S. mid and large-cap equities.
The acquisition is intended to deepen Marex’s ability to internalise hedging within its Equity Linked Structured Products platform, a shift the group believes will enhance margins and improve pricing for clients.
Webb Traders will also bring additional quantitative expertise, developers and electronic trading systems. The company described Webb’s trading and risk philosophy as fully aligned with Marex’s own approach.
The transaction remains subject to regulatory approval and is expected to close in the second or third quarter of 2026.
Ian Lowitt, Marex’s chief executive, said the group was “excited to welcome the team from Webb Traders,” adding that the business “built an incredibly talented team supported by excellent technology, which will enhance our equity derivatives capabilities.”
He said Webb’s “prudent approach to risk” and consistent profitability across market environments, combined with reduced hedging costs, would be “beneficial to Marex.”
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Arkadios Capital Fined by FINRA
FINRA has censured Arkadios Capital and ordered the firm to pay a $25,000 fine and $20,571 in restitution after finding it failed to maintain adequate supervisory systems for recommendations involving leveraged and inverse exchange-traded funds.
According to the regulator, the Atlanta-based broker-dealer did not design or enforce policies capable of ensuring compliance with Regulation Best Interest when recommending non-traditional ETFs.
FINRA said the firm lacked monitoring tools, suitable written procedures and product-specific training, despite warnings that such products may be unsuitable for retail investors holding them beyond a single trading session.
They added that Arkadios representatives recommended daily-reset ETFs to 36 retail clients between September 2022 and March 2024, including senior investors, without sufficient oversight.
Some customers are said to have held positions far beyond intended timeframes, leading to significant losses. One moderately conservative investor held a leveraged ETF for 630 days and lost nearly $6,000, according to the findings.
The regulator noted that Arkadios only updated its procedures in March 2024, when it moved to prohibit representatives from recommending non-traditional ETF purchases.
Arkadios agreed to the sanctions without admitting or denying the findings. The firm must provide proof of restitution payments and comply with escheatment requirements where customers cannot be reached.
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ANZ Board Member Graham Hodges to Retire After Three-Year Term
ANZ Group said Non-Executive Director Graham Hodges will retire from the boards of Australia and New Zealand Banking Group Limited and ANZ BH PTY LTD on 8 February, concluding the three-year term he began in 2023.
Chairman Paul O’Sullivan thanked Hodges for his “enormous contribution,” noting his long history with the bank and extensive experience in financial services.
Hodges previously spent 27 years at ANZ before retiring from executive roles in 2018, serving in senior leadership positions including Deputy Chief Executive Officer for nine years, as well as roles as CFO, Head of HR, Head of Operations and CEO Australia.
He also led ANZ’s New Zealand business between 2005 and 2009 as Chief Executive Officer and director of ANZ National Bank Limited.
His return to the group as a non-executive director in 2023 followed ANZ’s move to a non-operating holding company structure, separating its banking and non-banking activities.
O’Sullivan said Hodges’ knowledge of the organisation had been “particularly beneficial” to the board.
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eToro Launches Public APIs to Let Developers Build Custom Trading Tools
eToro has rolled out a suite of public APIs designed to let developers and data specialists build customised trading tools directly on top of its investing platform.
The company said the launch opens the door to advanced automation, analytics and AI-powered applications, which can integrate seamlessly with eToro’s trading ecosystem.
The new APIs allow users to design automated trading strategies, portfolio-rebalancing systems, performance dashboards and real-time market-monitoring tools across asset classes, including equities, crypto and ETFs.
Developers can also build deeper analytical insights around eToro’s Pro Investors and Smart Portfolios.
eToro stated that the platform expansion will evolve further with the introduction of an upcoming app store, where users will be able to share and distribute custom-built tools to millions of investors.
API keys are now available via the platform’s web settings, and detailed documentation has been published on eToro’s developer portal to guide builders through integration. The company said the tools are aimed at both seasoned developers and newcomers experimenting with data-driven or AI-assisted workflows.
The launch marks one of eToro’s most significant steps to date in opening its infrastructure to external innovation, as trading platforms increasingly look to tap into the developer ecosystem.
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eToro and Amundi Launch Strategic Equity Portfolio
eToro has partnered with Amundi to launch an investment portfolio designed to capture long-term opportunities across major global megatrends, while maintaining broad exposure to equity markets.
The new Key Themes & Convictions Portfolio combines Amundi’s ETFs with an allocation framework intended to balance traditional market exposure with forward-looking thematic investing.
Gil Shapira, eToro’s chief investment officer, said the partnership gives users access to a portfolio that not only follows market trends but “positions them at the forefront of themes redefining tomorrow.”
He described it as a convenient and diversified solution for investors seeking innovation alongside stable growth.
Around two-thirds of the portfolio consists of broad equity exposure shaped by Amundi’s strategic and tactical market views.
The remaining allocation targets three long-term themes: environment and resources, social and demographic change, and technology. Sub-themes include AI, robotics, water management, healthcare, ageing populations, emerging markets and natural resources.
Alongside the new portfolio, eToro has added 120 Amundi ETFs to its platform, covering equities, fixed income and commodities.
The move expands eToro’s Smart Portfolios range, which offers diversified long-term exposure to major investment themes, with entry starting from $500.
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IG Japan Chief Tomoharu Furuichi Steps Down
Tomoharu Furuichi has stepped down as representative director and CEO of IG Japan after nearly seven years in the role, marking the end of what he described as a challenging but rewarding period of growth for the business.
In a personal announcement on LinkedIn, Furuichi said he left the position at the end of January.
During his tenure, IG Japan became “several times bigger than it used to be,” he wrote, adding that the firm is now the largest foreign-branded retail broker in Japan despite specialising in the smaller segment of OTC derivatives.
Furuichi said he had “given all I could” and that it was time for new leadership.
He thanked colleagues, supervisors and global CEOs he worked with across IG Group, noting the many “ups and downs, cliffs and tunnels” throughout his leadership journey.
Before IG, Furuichi held senior roles across consulting, Japanese public companies and international brands, and said he had been “fortunate to help the phase changes happen” across multiple organisations.
Looking forward, Furuichi said he has taken on a role as a non-executive director at HR technology company Kaonavi, calling it a fresh challenge and an opportunity to contribute in a different capacity.
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Circle and Polymarket Partner to Bring Native USDC Settlement to On-Chain Markets
Circle has partnered with Polymarket in a move aimed at strengthening settlement standards across on-chain financial markets.
The agreement will see the world’s largest prediction market shift from using bridged USDC on Polygon to native USDC, which is issued directly by Circle’s regulated affiliates and redeemable 1:1 for U.S. dollars.
The transition is expected to take place in the coming months and is designed to improve capital efficiency, scalability and institutional alignment as Polymarket expands.
Circle, which operates one of the world’s leading internet financial platforms, feels the collaboration reflects broader demand for dollar-denominated digital settlement.
Jeremy Allaire, co-founder and CEO of Circle, said the company’s infrastructure was built to ensure that “money and capital work at the speed of the internet.”
He added that Polymarket has led the way in linking rapid information flow with fast, transparent markets.
Polymarket CEO Shayne Coplan described USDC as critical to reinforcing market integrity as user participation grows. He believes partnering with Circle will help establish a consistent settlement standard across the platform.
The deal expands the network of established financial institutions collaborating with Polymarket as it builds regulated on-chain market infrastructure.
It also aligns with a broader industry shift toward using payment stablecoins for transparent and efficient settlement, as the digital asset ecosystem increasingly adopts traditional financial standards.
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Introducing “Spotware talks” panel discussion series
This panel examines how brokers can control risk in extreme market conditions. The speakers will share the proven ways to maintain steady processes while keeping trading conditions fair and consistent. Using real volatility scenarios, the session will outline the operational steps brokers can take to stay resilient when markets turn erratic. With gold trading in increasingly wide ranges and volatility remaining elevated, this discussion serves as a practical guide for brokers seeking to protect execution standards without constraining client activity.
Roman Snegirev, CMO at Spotware, said: “With the launch of ‘Spotware Talks’, we’re introducing a new, regular panel series on our YouTube channel – a format designed to support our clients through valuable, B2B-focused discussions. In each session, we bring senior industry professionals to the table to set out the operational realities of successful CFD businesses.”
You can become a part of the first discussion – submit your question. The invited experts will answer your questions during the session. Join us and learn how to stay afloat when market moves get unpredictable.
About Spotware Systems
Spotware Systems is a fintech company founded in 2010, based in Limassol, Cyprus, with a global team of 200+ professionals. It designs and delivers innovative trading technology and custom solutions for brokers worldwide, supporting long-term growth and scalability. Spotware’s solutions include cTrader, the flagship trading platform, and cBridge, a highly cost-efficient liquidity bridge for all platforms that eliminates volume fees and hidden charges entirely. Spotware’s expertise is consistently recognised with multiple international industry awards, including Best Trading Platform, Best Services for Partners and Best Mobile Trading App.
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CME Group Posts Fourth Straight Year of Record Revenue and Earnings
CME Group reported its fourth consecutive year of record financial performance, with full-year 2025 revenue rising 6% to $6.5 billion and adjusted net income reaching $4.1 billion.
The derivatives exchange also posted record adjusted operating income and record adjusted earnings per share for the year.
For the fourth quarter, CME reported revenue of $1.6 billion and operating income of $1 billion. Net income totalled $1.2 billion, with diluted earnings per share of $3.24. On an adjusted basis, quarterly net income was $1 billion, with earnings of $2.77 per share.
Chief executive Terry Duffy said 2025 marked “the best year in our history,” citing strong global demand for risk management tools in a “risk-always-on environment.”
Average daily volume reached a record 28.1 million contracts for the year, including 12% growth in commodities and a 5% rise in financials.
Fourth-quarter ADV was 27.4 million contracts, the highest Q4 total on record, with non-U.S. volume rising 9% year on year. Clearing and transaction fee revenue reached $1.3 billion in Q4, while market data revenue was $208 million.
CME ended 2025 with $4.6 billion in cash and $3.4 billion in debt. The company returned $3.9 billion to shareholders through dividends during the year and has distributed nearly $30 billion since 2012.
Duffy said CME will focus on expanding access to new products and services, including U.S. Treasury clearing, round-the-clock cryptocurrency trading and prediction markets.
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Euroclear Reports Strong 2025 Results as Volatility Lifts Settlement Activity
Euroclear reported strong full-year results for 2025, supported by record deposit levels, elevated settlement activity and disciplined cost management.
Reported net profit reached €1.1 billion, while underlying business income, excluding Russian impacts, rose 6% to nearly €1.9 billion.
The group said volatility-driven settlement flows, particularly in exchange-traded funds, helped offset an anticipated 5% decline in interest and banking income to €1.1 billion.
Operating expenses rose 2% to €1,376 million, reflecting ongoing cost discipline. Adjusted net profit increased 5% to €1.2 billion, with an operating margin of 26.2% and an EBITDA margin of 58%.
Chief executive Valérie Urbain said the results “demonstrate the resilience of our business model and the importance of the services we provide in an ever-evolving economic and challenging geopolitical environment.”
She highlighted record-high deposit levels, strong ETF flows and sustained market volatility as key drivers of performance.
Euroclear’s capital position remains robust, with a Common Equity Tier 1 ratio of about 57%. Assets under custody surpassed €43 trillion for the first time, while turnover rose 20% to €1,390 trillion.
Urbain said the company would continue to work with policymakers on the handling of Russian-sanctioned assets and support financial stability across markets.
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