Today, JPX Market Innovation & Research, Inc. (JPXI), a leading global provider of Japanese financial market data, added “Share Buyback Information Data (TDnet/EDINET)” to J-Quants Pro, a data distribution service offering corporate users insightful data on Japanese financial markets via API, SFTP, and Snowflake. Additionally, estimated earnings announcement times were added to the “Earnings Announcement Dates & Times” dataset. Cashflow statements were also added to the “Financial Summary/Statements (BS/PL/CF)” dataset from October. Share Buyback Information (New Dataset) This dataset offers comprehensive information related to share buybacks for Japanese listed stocks. This offering consists of the following three datasets: Share Buyback Information (TDnet) The following information on share buybacks is promptly distributed following disclosure by the listed company via TDnet. This data enables users to capture a full range of information regarding share buybacks by listed companies. Details of buyback resolutions (number of shares, total amount, period) Status of buybacks (acquisition status for the previous month) Information on the completion of buybacks Share Buyback Information (EDINET) This dataset offers timely updates every 15 minutes on the status of share buybacks disclosed by listed companies via EDINET. This dataset includes daily buyback records for the previous month, which are not available in the TDnet dataset. Off-Auction Share Buyback (ToSTNeT-3) This dataset provides timely information on share buybacks conducted on ToSTNeT-3. Notifications of buybacks via ToSTNeT-3 are delivered after market close on the business day prior to the scheduled purchase, and results of the purchase are distributed at approx. 9:00 a.m. on the day of the transaction.The "Share Buyback Information" dataset covers all Japanese domestic listed companies, acting as a centralized source for information. Historical data is also available, making it suitable for long-term analysis. Addition of Scheduled Earnings Announcement Times Data In response to user requests, estimated earnings announcement time data is being added to the Scheduled Dates for Earnings Announcements dataset.This dataset provides the estimated time of announcement for the upcoming period’s earnings, as inferred by JPX’s proprietary model based on each listed company’s past announcement times. In addition to the time information, we also provide a trading session classification (pre-market, morning session, lunch break, afternoon session, post-market close). This eliminates the need for users to convert announcement times into trading session categories themselves.Users can utilize this estimated time information to further empower risk management related to scheduled earnings announcements. With this addition, the dataset will be renamed “Earnings Announcement Dates & Times." The addition of historical data and a revision to pricing is also planned to accompany this expansion. Please use the contact address below for pricing details.For data specifications, please refer to the following website: About J-Quants Pro Datasets and Available Periods J-Quants Pro allows users to select the specific datasets they need through a convenient monthly subscription.   DatasetData Period Listed Issue Information May 7, 2008~ Trading by Type of Investors January 16, 2008~ Detail Breakdown Trading Data January 4, 2010~ Margin Trading Outstanding (Issues Subject to Daily Publication) May 8, 2008~ Margin Trading Outstanding (Weekly) February 10, 2012~ Financial Summary / Statements (BS/PL/CF) Financial Summary Data: July 7, 2008~Financial Statement Data (BS/PL/CF): January 13, 2009~ Derivatives Trading Volume and Open Interest by Trading Participant / Open Interest by Issue Derivatives Trading Volume by Participant: March 24, 2014~Open Interest by Trading Participant: December 2, 2016~Open Interest by Issue: June 14, 2021~ Earnings Announcement Dates & Times September 2014~ ToSTNeT Super Large Lot February 15, 2008~ Stock Prices (OHLC) May 7, 2008~ Outstanding Short Selling Positions Reported November 7, 2013~ Off-Auction Distribution January 2008~ Off-Auction Share Buyback (ToSTNeT-3) January 2008~ Corporate Action Information Dividends: February 20, 2013~Other Data: May 8, 2015~ TDnet on Snowflake TDnet on Snowflake: Last 12 months~TDnet on Snowflake T+1: Last 12 months (since April 2025 at this moment)TDnet on Snowflake Index: Last 5 years Share Buyback Information (TDnet/EDINET) TDnet: 2012~EDINET: 2019~This dataset includes Off-Auction Share Buyback (ToSTNeT-3) data.   For details on pricing and external distribution, please refer to the following website. Please contact the address below for specific pricing information. Apply for J-Quants Pro If you are interested in accessing the new content or any of J-Quants Pro’s extensive range of other data, please apply via the contact form on the website listed below. Data specifications and sample data are also available. J-Quants Pro Website Note: J-Quants Pro is only offered for corporate use.For individual users, please refer to the J-Quants API service on the following website: J-Quants API Website

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$137,000 on Mr Ang Yew Jin Eugene (“Mr Ang”) for insider trading in the shares of SGX-listed Alpha Energy Holdings Limited1 (“AEHL”) (together with its subsidiaries, the “Group”).2. On 18 November 2019, AEHL announced that a creditor had declared the entire principal sum of US$64 million owed by the Group as immediately due and payable, following the Group’s default in the partial repayment of a loan (the “Announcement”). The principal sum demanded by the creditor represented approximately ten times the value of current assets held by the Group as of 30 June 2019. After the Announcement, trading of AEHL’s shares was immediately suspended.3. Mr Ang was a non-executive director of AEHL at the material time. By virtue of his position, he knew of the Group’s failure to make repayment. Further, Mr Ang knew that in accordance with the loan agreement, the creditor had a right to demand immediate payment of the entire principal sum when the Group defaulted on its repayment.4. On 13 November 2019, while in possession of such non-public, material information, Mr Ang sold 2,413,300 AEHL shares held in his parents’ trading accounts. By selling the shares ahead of the Announcement, Mr Ang’s parents avoided losses of approximately S$54,900. 5. Mr Ang admitted to contravening the insider trading provision under section 218(2)(a) of the Securities and Futures Act and has paid MAS the civil penalty without court action. Mr Ang has also given a voluntary undertaking not to be a director or be involved in the management of a company for a period of two years2. 6. The civil penalty action against Mr Ang is the result of a joint investigation conducted by the Commercial Affairs Department of the SPF and the MAS, following a referral by the Singapore Exchange Regulation Private Limited. ***** AEHL is now known as Alpha DX Group Limited. Except for any company that may be excluded with MAS’ consent. Additional information (A) The civil penalty regimeA civil penalty action is not a criminal action and does not attract criminal sanctions. The civil penalty regime, designed to complement criminal sanctions and provide a nuanced approach to combat market misconduct, became operational at the beginning of 2004.Under section 232 of the SFA, MAS may enter into an agreement with any person for that person to pay, with or without admission of liability, a civil penalty for contravening any provision of Part 12 of the SFA. The civil penalty may be up to three times the amount of the profit gained or loss avoided by that person as a result of the contravention, subject to a minimum of $50,000 (if the person is not a corporation) or $100,000 (if the person is a corporation).(B) Insider Trading under Section 218(2)(a) Section 218(2)(a) of the SFA prohibits a person who is in possession of materially price-sensitive information concerning a corporation (to which the person is connected), which the person knows is materially price-sensitive and not generally available, from (whether as principal or agent) subscribing for, purchasing, selling, or entering into an agreement to subscribe for, purchase or sell those securities of that corporation.

The Amman Stock Exchange (ASE) participated on Sunday, November 16th, 2025, with a number of global stock markets in the "Ring the Bell" initiative to support climate and sustainability initiatives launched by the International Organization of Securities Commissions (IOSCO) and the World Federation of Exchanges (WFE), with the participation of Bank al Etihad — the first listed company on the ASE to issue a climate report. This initiative aims to highlight the importance of sustainability and climate issues in the financial sector and showcase exchanges' role in addressing these challenges. The CEO of the ASE, Mazen Wathaifi said that the ASE’s participation in this activity besides a number of global stock markets, at a time when the Global Climate Conference COP30 is being held, reflects its commitment to adopting sustainability principles and promoting disclosure of climate-related risks and opportunities among listed companies, and in light of the growing interest from investors and investment funds in climate-related information, which has become a part of assessing companies and the securities listed on stock exchanges. He added that the Exchange will continue its efforts, in cooperation with local and international partners, to support sustainable finance initiatives and contribute to achieving the Sustainable Development Goals. Wathaifi added that this participation reflects the ASE’s keenness to engage actively in the various events and activities of the WFE, IOSCO and its various committees. This comes as part of the Exchange’s strategy to raise awareness of climate and sustainability issues and to encourage listed companies to adopt environmentally and socially responsible practices. He also affirmed that following the launch of the Climate-Related Disclosure Guidance, the ASE will allow ASE20 companies listed to voluntarily disclose such information in 2026 for the year 2025. This approach aims to enable companies to adapt to the international standards and new requirements. These disclosures will become mandatory starting 2027 for the year 2026. Mr. Muntaser Dawwas, CEO of Bank al Etihad, stated: “We approach climate disclosures as a strategic tool for assessing risks and identifying financing and growth opportunities — not merely as a regulatory requirement. The transition toward a low-carbon economy has become a key factor in steering credit and capital, and our role is to develop financing solutions that support this transition, including green, climate, and transition financing.” He added “Issuing a standalone climate report and measuring financed emissions has enabled the bank to gain clearer insight into the trajectory of risks and opportunities. Today, we continue to expand the scope of disclosure at the group level to provide a unified view that strengthens data-driven decision-making.” It is worth noting that the “Ring the Bell” initiative aims to draw attention to the environmental challenges facing the world and to highlight the role of financial markets in facilitating financing for sustainable projects and environmental initiatives that seek to address climate change and protect natural resources.

Shiraz Petrochemical Company (SPC)’s executives joined Tehran Securities Exchange (TSE)’s opening bell ceremony on Sunday 16 November 2025. Highlighting the company’s historic legacy, Shiraz Petrochemical’s CEO stated: “Established in 1963 as Iran’s and the Middle East’s first producer of chemical fertilizers, SPC today stands as a national industrial flagship, operating with a production capacity exceeding 3.2 million tons of nitrogen-based products and methanol.” The CEO underscored the company’s presence in the capital markets as a strategic strength, adding: “We take pride in our active participation in the capital market, which serves as a reliable platform for securing financing and facilitating investment in production.” “We are committed to implementing strategic expansion projects in the coming years to generate greater value for Shiraz Petrochemical Co. and its shareholders.”, he noted. The CEO also emphasized: “In the petrochemical feedstock allocation and pricing domain, we expect policy decisions that foster sustainable profitability and uninterrupted production.” Notably, SPC was listed at TSE in November 2005 and currently accounts for more than IRR 540,000 billion of the exchange’s total market capitalization. The bell ringing ceremony by previously listed issuers has been initiated this year by TSE in order to provide a platform to the companies to network with their stakeholders during a less formal event, redefine their missions and designate their new goals.

Click here to download Tehran Securities Exchange weekly market snapshot.

An Alberta Securities Commission (ASC) panel has issued a written decision providing reasons for its June 6, 2025 Interim Order: Variation and Extension against GIC Capital Corp., Maljaars Financial Inc., Jeff Barrie Wilkie, and Robert Jacob Maljaar (collectively, the Respondents). SC Staff issued a Notice of Hearing against the Respondents on May 13, 2025, alleging that the Respondents perpetrated a fraud on investors and failed to comply with the Interim Cease Trade Order of June 10, 2024. On June 6, 2025, an ASC panel varied the Interim Order to prohibit the Respondents from trading in all securities, and extended the terms to remain in effect until the proceeding initiated by the Notice of Hearing is finally determined or otherwise concluded. In its written decision of November 12, 2025, the panel noted the seriousness of the misconduct at issue and found indications that the Respondents were trying to circumvent the Interim Order. The panel extended and broadened the Interim Order "to restrain the Respondents from conduct that poses a risk of harm to investors pending a final determination of the allegations in the Notice of Hearing.” A copy of the written decision can be found on the ASC website at asc.ca. A hearing into the merits of the allegations is currently scheduled for March 2026. The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Speaker: Sarah Pritchard, deputy chief executiveEvent: TISA annual conferenceDelivered: 12 November 2025 Highlights Consumers have diverse and evolving needs, and we want to support them in making financial decisions. We are considering where regulation may need to be reshaped, but the conversation around national risk appetite should involve regulators, government policy makers, politicians and consumers alike. I recently saw an article challenging readers to ‘say how old you are, without saying it’. The answers made me laugh: dial-up internet; landline phones; Star Wars was just Star Wars.  At the risk of ageing myself, I remember those things. It got me thinking about how quickly the world changes, and how different my experiences have been to my parents’. I’m sure some of my decisions have puzzled them – just as my children’s decisions may puzzle me. But I can’t tell them what to do. Their worlds – and experiences, choices and needs – are different to mine. I can only guide them. That’s the approach we’re taking at the FCA, too. We are helping consumers navigate their financial lives in a constantly changing world where there’s no such thing as one size fits all.  This guides our new 5-year strategy, which we are using to deepen trust, support growth, improve lives, and rebalance the inherent risks and trade-offs.  New challenges With change comes challenge – and we’re up against 2 big ones now. The first is the pensions landscape. We know some consumers are not saving enough or are accessing their savings too quickly. Others don’t have a plan for taking money out of their pot, or don’t realise there’s a choice to make.  More than 10 millionLink is external  people say they’re simply too busy or confused to think about it. Pension-related decisions are as critical as they are complex. But recent researchLink is external shows that over half of UK adults don’t understand enough about pensions to make these decisions. We are working to ensure the system delivers for consumers and the economy. This includes: Introducing targeted support, so consumers have greater access to support that bolsters their decision making. Working to make pensions dashboards a reality, which will make it easier for consumers to find and understand their savings and improve retirement outcomes. There is no silver bullet here – no quick fix to solve under-saving and under-engagement – but we are playing our part. A home of one's own? The other challenge at present is the declining rate of homeownership.  I was fortunate enough to purchase my first home in my mid-thirties. LateLink is external, if you ask my parents’ generation – perhaps early if you ask my sons’.  Today, more people are taking longer to buy a house. Many struggle to buy at all.  Not because they don’t want to: 55% of non-homeowners do.  Saving for a deposit is difficult: 42% expect it to take at least 5 years. Many people will rent through retirement. The proportion of retired consumers living in the rental sector is expected to more than double by 2041Link is external. Whether renting or paying off a mortgage, retirement costs are unlikely to be met by savings alone. In this moment of regulatory reform, we’re taking a step back and considering where a different approach may be needed. We’ve already set out a wide-ranging set of ideas to change our mortgage lending rules, with the aim of opening the possibility of homeownership to more people. We want to support people who rent to be able to buy a home if they want to. We’ve clarified our requirements to ensure firms use the flexibility in our rules to support good customer outcomes. More regulatory initiatives will follow.   But regulation can only do so much. True reform needs commitment across the whole system. Innovation and smarter use of data also have a crucial role to play in widening access.  At the other end of the spectrum, we are actively considering how we can support later life lending.  Mortgage products targeted at older borrowers are becoming increasingly common, and many lenders now accept earned income up to the age of 75 in their affordability assessments. Creating more opportunities for responsible risk-taking will also accelerate the trend.  Looking into later life, how might households use their housing wealth to meet retirement goals, needs and potential care costs?   Advice and support will be vital to help consumers navigate options.   But across pensions, investments and mortgages, advice is often siloed.  We recognise that further thought and engagement is needed, but the aim is clear: an industry supporting consumers to fully understand their options for funding later life, receiving timely and appropriate support and advice, with products that deliver positive outcomes, offering fair value. Risk versus reward You need to look no further than page 1 of our new 5-year strategy for a really clear articulation of our focus on rebalancing risk. Having set higher standards in financial services – as we have through the Consumer Duty – now is the time to look again at our collective attitude to risk. We have an opportunity to reset our rulebook. Not through deregulation, but through smarter regulation. Stripping away unnecessary burdens to allow firms to innovate, grow and really deliver for their customers. Our upcoming framework for targeted support is a good example. It’s a different balance of risk: the cost of doing nothing against the risk of doing something. As it stands, too few invest – 61% of consumers with £10,000 in investible assets hold most of it in cash. But £1,000 deposited into a fixed-rate savings account 10 years ago would be worth about £1,300 todayLink is external. If it had been invested into the S&P World Index, it would have grown to nearly £3,000. It’s crucial though that consumers who might have the appetite to invest, and want to move from cash to investing, have greater support available so that they can make informed decisions.   Targeted support is revolutionary. We’ve worked differently, the regulatory framework is new, and we hope it will really make a difference in helping consumers navigate their financial lives.  But it’s important to recognise that a new regulatory framework by itself will not change the UK’s broader investment culture. This needs to be the start of a national conversation, to help consumers make informed decisions and the decisions that are right for them.  We are also looking at where other changes can be made, either to rules, or to the way that industry works, to help consumers make informed decisions. And we support the industry’s work, including that of TISA, in reviewing risk warnings and ensuring consumers have a fair impression about investing. Rather than use phrases like ‘capital at risk’ – which aren’t in our rules – I encourage you to be bold.  Take advantage of the flexibility our rules allow for. Are there other ways to communicate and help consumers make informed decisions, as we expect under the Consumer Duty?  We want to work with you. Let us know if there are any other myths that need to be addressed, or busted, in order to deliver good outcomes for consumers.  At the heart of this is an important question: Where should the balance of risk fall? We can express a view, but regulators shouldn’t set the national risk appetite alone. This conversation must be a public one, shaped by engagement and open debate. Which is why we are being public about the trade-offs, not just with homeownership or investing but across all our work. That way, we can build consensus and ensure a more certain and predictable regulatory framework for the future. However, there is no question: to bolster growth – of firms, the financial services sector and the UK economy – we need you to do more than manage risk. We need you to take it, within the framework that the rules provide. Preparing for the future I have already talked about this being a moment in time for us to look at our rules and make changes, for the better. This isn’t just about developing new regulation. We have said that we will only make new consumer protection rules where really needed – and only if Consumer Duty isn’t enough. Our focus on how the Duty is working in practice remains.  We have said before that the Duty is not once and done. And neither is our focus on it. We have seen some great examples of change. A YouGov poll at the Duty’s 2-year anniversary found an 11% increase in consumers who believe banks provide clear, understandable information – signalling greater trust and confidence in the system. We have seen firms look to simplify their documentation, partnering with organisations such as Plain Numbers. Some have begun to cross-check new customers against external vulnerability registers to ensure tailored support from day one.  Some changes feel, well, human. Like one trade association’s ‘Tell us Once’ service, which allows consumers to notify several firms of a person’s death simultaneously to ease the stress of an already difficult situation.  I’d be remiss not to touch on insurance, which is a key component of resilience.  We want to see a market that helps consumers, provides peace of mind and supports growth. A thriving insurance sector is good for both consumers and the economy – but our Financial Lives Survey data shows that consumer confidence is low.  Alongside others, we are working to empower decision-making, improve trust, and ensure fair, effective service and claims handling.  There has been real progress, including lower motor insurance costs. We set out detailed findings of the areas for further work, as well as improvements made, in a package of reports in July. But more work remains.  We will set out next steps in response to the super-complaint lodged by Which? by year-end, including an update on the work we have been doing as announced in our July reports. Conclusion In the end, the only constant is change.  With change comes choice. While we can’t see into the future, we can choose to prepare for it – even when it feels puzzling. How? By making sure our regulatory framework is future-proof. And staying consistent in what we’re working toward: good outcomes for consumers, and better help for them as they navigate their financial lives.  This work, together with the government’s financial inclusion strategy, will help us make the vision a reality.

Reasd the Statement of Policy (PDF) As an organisation, we want to learn lessons and continuously improve. We have a range of tools for doing this, such as ‘lessons learned’ reviews, internal audits and scrutiny by the National Audit Office, to identify and address any areas where we can improve our regulatory approach. For the most serious issues, the Financial Services Act 2012 (the Act) requires us to publish a statement of policy setting out the matters we will take into account to decide whether we carry out an investigation into possible regulatory failure, and give a report of the findings and recommendations to the Treasury for publication. We have therefore reviewed our policy for investigating and reporting on regulatory failure to ensure it is fit for purpose given the time elapsed. The only substantive change from the policy published in 2013 is that we have revised the monetary thresholds for ‘significance’ of consumer detriment in line with inflation. We will continue to do this periodically. We are required to carry out an investigation and produce a report when: There have been events involving a regulated person or others which indicate significant failure to ensure appropriate consumer protection, or had or could have had a significant adverse effect on our integrity or competition objectives, and   The events might not have occurred or the adverse effect might have been reduced but for a serious failure in the system created by FSMA or the operation of that system.   A formal statutory investigation and report for the Treasury is expected to occur only in exceptional cases.

Please click here for the Announcement Regarding Changes to the BIST Commodity and Commodity Denominated Securities Indices Methodology  Announcement Annexes: 1) Please click here for BIST Commodity and Commodity Denominated Securities Indices Methodology (Track-changes Format). 2) Please click here for BIST Commodity and Commodity Denominated Securities Indices Methodology (Final Version).

On 17 November 2025, the following updated constituents list for OFZ Zero Coupon Yield Curve will come into force. № Name Registration number 1 OFZ 26245 SU26245RMFS9 2 OFZ 26219 SU26219RMFS4 3 OFZ 26226 SU26226RMFS9 4 OFZ 26207 SU26207RMFS9 5 OFZ 26232 SU26232RMFS7 6 OFZ 26212 SU26212RMFS9 7 OFZ 26242 SU26242RMFS6 8 OFZ 26228 SU26228RMFS5 9 OFZ 26218 SU26218RMFS6 10 OFZ 26241 SU26241RMFS8 11 OFZ 26221 SU26221RMFS0 12 OFZ 26244 SU26244RMFS2 13 OFZ 26225 SU26225RMFS1 14 OFZ 26233 SU26233RMFS5 15 OFZ 26240 SU26240RMFS0 16 OFZ 26243 SU26243RMFS4 17 OFZ 26230 SU26230RMFS1 18 OFZ 26238 SU26238RMFS4 19 OFZ 26239 SU26239RMFS2 20 OFZ 26247 SU26247RMFS5 21 OFZ 26236 SU26236RMFS8 22 OFZ 26237 SU26237RMFS6 23 OFZ 26248 SU26248RMFS3 24 OFZ 26235 SU26235RMFS0 25 OFZ 26224 SU26224RMFS4 26 OFZ 26246 SU26246RMFS7 27 OFZ 26249 SU26249RMFS1 28 OFZ 26250 SU26250RMFS9 Read more on the Moscow Exchange: https://www.moex.com/n95334

A total turnover of 7.325 billion shares worth N156.425 billion in 134,383 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.575 billion shares valued at N107.011 billion that exchanged hands last week in 146,429 deals. Click here for full details.

ETFGI, a leading independent research and consultancy firm known for its expertise in subscription research, consulting, events, and ETF TV on global ETF trends, announced today that assets in the U.S. ETF industry reached a record US$13.08 trillion at the end of October. During the month, U.S. ETFs gathered net inflows of US$186.19 billion, bringing year-to-date inflows to US$1.14 trillion, according to ETFGI’s October 2025 U.S. ETFs and ETPs industry landscape insights report, part of its annual subscription research service. (All figures in USD unless otherwise noted.) Highlights Record Assets: U.S. ETF industry assets reached $13.08 trillion at the end of October, surpassing the previous record of $12.70 trillion in September 2025. Strong Growth: Assets have grown 26.4% year-to-date, rising from $10.35 trillion at the end of 2024. Historic Inflows: October saw $186.19 billion in net inflows, the highest monthly inflow on record, beating the previous record of $164.42 billion in November 2024. Year-to-Date Inflows: $1.14 trillion in YTD net inflows marks the highest on record, ahead of $861.35 billion in 2024 and $732.74 billion in 2021. Consistency: This is the 42nd consecutive month of net inflows. The S&P 500 rose 2.34% in October, bringing its year-to-date gain to 17.52%. Developed markets excluding the U.S. advanced 1.69% in October and are up 29.83% so far in 2025, with Korea (+18.88%) and Luxembourg (+6.71%) leading the monthly gains. Emerging markets climbed 1.71% during October and have gained 24.50% year-to-date, driven by strong performances in Taiwan (+8.60%) and Hungary (+8.41%), according to Deborah Fuhr, managing partner, founder, and owner of ETFGI. Growth in assets in the ETFs industry in the United States as of the end of October   The ETFs industry in the United States had 4,664 products, assets of US$13.08 Tn, from 439 providers listed on 3 exchanges at the end of October. iShares remains the largest ETF provider in the U.S. with $3.88 trillion in assets, representing a 29.7% market share. Vanguard ranks second with $3.75 trillion (28.7%), followed by State Street SPDR ETFs at $1.80 trillion (13.7%). Collectively, the top three providers—out of 439—account for 72.1% of total U.S. ETF assets, while the remaining 436 providers each hold less than 7% market share  In October, U.S. ETFs attracted record net inflows of $186.19 billion. Equity ETFs led with $85.50 billion, bringing year-to-date net inflows to $436.75 billion—surpassing last year’s $400.15 billion at this point. Fixed income ETFs added $32.56 billion in October, pushing YTD net inflows to $206.87 billion, ahead of $161.31 billion in 2024. Commodities ETFs saw $6.04 billion in net inflows, with YTD inflows reaching $45.02 billion versus $3.51 billion last year. Active ETFs gathered $62.19 billion in October, bringing YTD net inflows to $425.41 billion—well above the $239.85 billion recorded in 2024. Substantial inflows can be attributed to the top 20 ETF‘s by net new assets, which collectively gathered $91.39 Bn in October. Vanguard S&P 500 ETF (VOO US) gathered $17.74 Bn, the largest individual net inflow.Top 20 ETFs by net new assets October 2025: US Name Ticker Assets($ Mn) Oct-25 NNA($ Mn) YTD-25 NNA($ Mn)Oct-25 Vanguard S&P 500 ETF VOO US    799,867.35           103,477.09         17,739.60 Akre Focus ETF AKRE US      10,412.53             10,815.93         10,815.93 SPDR S&P 500 ETF Trust SPY US    703,081.27           (21,600.55)           7,398.15 Invesco QQQ Trust QQQ US    410,887.82             17,031.52           6,928.60 SPDR Portfolio S&P 500 ETF SPLG US      95,792.85             29,793.47           6,781.43 JPMorgan BetaBuilders Europe ETF BBEU US        8,206.82              3,647.08           4,082.13 Vanguard Total Stock Market ETF VTI US    559,515.73             31,311.69           4,075.74 iShares US Treasury Bond ETF GOVT US      33,012.00              2,583.38           4,045.85 iShares Bitcoin Trust IBIT US      87,858.86             27,654.05           3,931.14 SPDR Gold Shares GLD US    131,107.28             18,828.03           3,666.30 iShares Core U.S. Aggregate Bond ETF AGG US    135,596.55             11,178.50           3,171.57 Vanguard Total Bond Market ETF BND US    142,735.14             17,034.42           3,119.31 Vanguard Total International Stock Index Fund ETF VXUS US    110,845.11             14,434.10           2,410.90 Invesco Nasdaq 100 ETF QQQM US      68,784.66             17,685.25           2,284.79 JPMorgan Municipal ETF JMUB US        6,082.08              3,967.39           2,162.50 Vanguard FTSE Developed Markets ETF VEA US    183,580.30             12,473.18           1,916.89 Vanguard Total International Bond ETF BNDX US      72,924.90              9,866.00           1,829.63 Vanguard Short-Term Treasury ETF VGSH US      24,727.48              3,534.79           1,708.27 Vanguard Information Technology ETF VGT US    118,968.32              9,252.68           1,683.09 iShares 7-10 Year Treasury Bond ETF IEF US      40,288.89              7,391.83           1,635.71         The top 10 ETPs by net assets collectively gathered $335.66 Mn during October. Grayscale Ethereum Mini Trust ETF (ETH US) gathered $65.24 Mn, the largest individual net inflow. Top 10 ETPs by net new assets October 2025: US Name Ticker Assets($ Mn)Oct-25 NNA($ Mn)YTD-25 NNA($ Mn)Oct-25 Grayscale Ethereum Mini Trust ETF ETH US        2,856.06                 938.65               65.24 Grayscale Bitcoin Mini Trust ETF BTC US        5,294.56              1,111.69               63.97 MicroSectors Gold Miners -3X Inverse Leveraged ETN GDXD US           102.67                 190.52               43.68 United States Copper Index Fund CPER US           334.97                 147.02               41.28 VanEck Merk Gold ETF OUNZ US        2,282.31                 390.02               34.97 ProShares UltraShort Gold GLL US             91.44                   28.36               27.89 MicroSectors Gold -3X Inverse Leveraged ETN DULL US             29.00                   31.75               16.83 Teucrium Soybean Fund SOYB US             49.75                   22.04               14.85 ProShares UltraShort Silver ZSL US             42.16                   42.18               14.07 MicroSectors US Big Banks Index 3X Leveraged ETN BNKU US             26.99                   19.94               12.89  Investors have tended to invest in Equity ETFs/ETPs during October.

Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, last night won the award for Market Surveillance Solution of the Year at the FOW MENA Awards in Dubai. Hosted by Futures & Options World (FOW), the awards recognize excellence in the derivatives markets across the Middle East and North Africa (MENA) region. Winners are selected based on "outperformance and innovation" for firms and individuals in the region's derivatives industry. Nick Garrow, global head of TT's compliance business, said: "We are seeing increasing demand for our multi-asset trading platform and trade surveillance solutions in the MENA region. We're delighted to give clients the ability to have a rigorous surveillance program in place that aligns with local regulatory requirements and exchange rules. It's an honor for TT Trade Surveillance to earn this award in the region from FOW." To support TT's growing client base in the Middle East, the firm opened an office in Dubai in early 2024. TT offers connectivity to multiple exchanges in the region, in addition to more than 100 exchanges and market venues across the globe. TT Trade Surveillance has won numerous awards this year, most recently Best AI Solution for Trade Surveillance at A-Team Group's inaugural AI in Capital Markets Awards. The fully hosted, cloud-based surveillance solution, trusted by more than 100 firms globally, is fully integrated into the TT platform that offers functionality across the trade life cycle. TT Trade Surveillance combines an industry-pioneering machine learning approach with configurable, parameters-based models to efficiently detect a wide range of potential regulatory and abusive trading activities.

Click here to download Malawi Stock Exchange's weekly summary report.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has been recognized as a Vets Ready Employer for 2025 by the Wisconsin Department of Workforce Development (DWD). The designation recognizes Wisconsin employers who employ and retain veterans through their hiring initiatives, employee support services and community involvement. Fiserv was among 25 employers statewide to be recognized as a Vets Ready Employer. Fiserv was awarded a gold certification in the large sized business category. Applicants are rated based on criteria including support for veterans in the workplace, such as available resources, training and work environment; hiring practices to prioritize veteran hires; and efforts to connect to the wider veteran community, including military families, service members and veterans. “At Fiserv, we appreciate the leadership, service, and dedication that are rooted in the military community, and value how the unique set of skills veterans possess strengthen our company and enable our clients’ success,” said Jennifer Manchester, Chief Human Resources Officer, Fiserv. “We are immensely proud to support our military community, and to be recognized as a leader for hiring and supporting those that have served our country.” A core tenant of Fiserv’s veterans hiring and support programs is Fiserv Salutes, the firm’s engagement program focused on providing educational resources, mentorship and career opportunities to U.S. service members, veterans and military spouses. Fiserv also partners with organizations like Hiring our Heroes, 50Strong, the D’Aniello Institute for Veterans and Military Families, and Student Veterans of America®, to strengthen its connection with the military community and provide meaningful pathways for employment at Fiserv. Barriers to employment exist in many forms for U.S. veterans, with underemployment being the most common. DWD and its Office of Veteran Employment Services (OVES) created the Vets Ready program in 2020 to recognize employers who go above and beyond for veterans.

ElectronX, the energy exchange built to enable precision risk management in U.S. electricity markets, today announced it has closed a $30 million Series A led by seed round investor DCVC, and joined by leading quantitative trading firms and energy venture funds XTX Markets, Five Rings, NGP, GTS, and JACS Capital. Returning ElectronX investors Innovation Endeavors, Systemiq Capital, Equinor Ventures, and Shell Ventures also participated in the round. With its Series A funding, ElectronX has raised more than $55 million to develop and operate the first U.S.-regulated, direct-access power derivatives market, scheduled to launch next month. “ElectronX’s Series A captures the rising momentum from all industry angles for financial infrastructure innovations in U.S. power markets,” said Sam Tegel, CEO of ElectronX. “We are pleased to have DCVC lead this pivotal raise and welcome premier global trading firms XTX Markets, Five Rings and GTS to our investor ranks, alongside the energy venture experts at NGP and JACS Capital. As national demand for electricity continues to strain the grid, we look forward to providing the critically necessary intraday hedging tools for today’s volatile short-term power market very soon.” “DCVC is excited to double down on ElectronX and lead their Series A round as they head into launch phase after earning CFTC approvals,” said Ali Tamaseb, a General Partner at DCVC. “ElectronX will fill a critical gap and play a much needed role in the electricity markets. It will directly support the electrification of the American industrial base and the transition to renewables, and it will help companies respond to the massive change in power requirements resulting from increasing data center demand. Like other DCVC portfolio companies in the energy space, ElectronX is working to fill a huge need with a novel deep tech solution.” Based in Chicago, ElectronX was granted status as both a Designated Contract Market (DCM) and Designated Clearing Organization (DCO) by the U.S. Commodity Futures Trading Commission (CFTC) in late August. Its regulated exchange and clearinghouse will offer small-sized, fully collateralized, and centrally cleared financial instruments linked to specific geographies and times of day on a direct-access platform. ElectronX’s first products include hourly bounded futures and binary options in 1 MWh sizes for the Electric Reliability Council of Texas (ERCOT) market, enabling immediate access to intraday hedging strategies for both long- and short-volatility seekers of all types and sizes. Day-of and day-ahead contract suites mirror current physical power trading and battery asset risk management strategies, and are designed to limit losses and maximize profits in regularly observed times of price stress. Contract suites for PJM Interconnection LLC (PJM), California Independent System Operator (CAISO), and other regional transmission organizations (RTOs) and independent system operators (ISOs) are planned for launch in 2026.

Just under half of proprietary trading firms across the globe are evaluating trading in prediction markets, including three-quarters of US-based firms, the latest Acuiti Proprietary Trading Management Insight Report has found. Prediction markets are among the fastest growing areas within global trading and are generating growing interest within the proprietary trading community. Largely driven to date by retail participation, these markets now look set to gain increased traction from institutional firms. This quarter’s report found that 10% of proprietary trading firms are already trading on prediction markets with a further 35% considering doing so. In the US, three-quarters of firms were either trading prediction markets or considering doing so. Of those firms that were already trading on prediction markets, almost all were either ultra-low latency or predominantly algo - although interest in trading the markets is broader. However, predominantly point-and-click firms were currently not likely to be evaluating the market at this stage. “Prediction markets are potentially on the cusp of significant institutional growth, which will drive liquidity and volumes on the market, as well as revenues for the venues and brokers that offer the contracts,” says Will Mitting, founder of Acuiti. “However, while there is opportunity, there are also unique challenges associated with firms trading the market, which we look at in the report. Risk management is a key challenge. It is easy to see how a prop firm models where the price of gold or the S&P might be at the end of the day, or even the likely outcome of a sporting event, but how do you model the likely date of Taylor Swift’s wedding?” The quarterly Proprietary Trading Management Insight Report, which was released today and is produced in partnership with Avelacom, is based on a survey of the Acuiti Proprietary Trading Expert Network, which comprises senior proprietary trading executives around the world. The report provides insights into the key trends facing the community. “As more proprietary trading firms consider trading prediction markets, low-latency infrastructure will remain essential for maintaining a competitive edge,” says Aleksey Larichev, CEO of Avelacom.  “Looking ahead to 2026, we anticipate growing demand for colocation services and low latency connectivity across both new and established markets. Reliability and redundancy will become increasingly important to align with firms’ risk management frameworks.” This quarter’s report also found that proprietary trading firms are looking ahead to 2026 with confidence with over 70% of the network anticipating an above-average performance for their business next year. This is filtering through to technology investment with firms boosting budgets in 2026. Other key findings in this quarter’s report include: Proprietary trading firms are still planning to start trading in India but recognise increased regulatory risk following SEBI’s charges against Jane Street UK proprietary trading firms are calling on the FCA to reduce capital requirements under IFPR Low latency firms in the US are adjusting approaches to hiring following the introduction of a $100,000 charge for H-1B visas The report also features a Q&A with Osaka Exchange’s Kensuke Yasu on growing volumes, the upcoming launch of FX, the opportunities for proprietary trading firms and the potential to launch crypto derivatives. Download full report here: https://www.acuiti.io/proprietary-trading-management-insight-report-q4-2025/

Euronext, the leading European capital market infrastructure, announces that the Board of Directors of the Hellenic Capital Market Commission (HCMC), during its meeting held on 13 November 2025, has approved the suitability of Euronext and its reference shareholders in relation to the contemplated acquisition of a qualifying holding in Hellenic Exchanges – Athens Stock Exchange S.A. Holding (ATHEX Group) and its subsidiaries, including the Athens Exchange Clearing House S.A. and the Hellenic Central Securities Depository S.A. In addition, the HCMC and the Regulatory Authority for Energy, Waste and Water (RAEWW) have approved the change of control arising from ATHEX’s participation in the Hellenic Energy Exchange S.A. and EnEx Clearing House Single Member S.A. These approvals satisfy all Conditions to the Tender Offer, as referenced in paragraph 1.3 regarding the requirements for Closing and further defined in Section 4.2 (“Pre-Requisite and Conditions of the Tender Offer”), of the Information Circular published on 6 October 2025. The Tender Offer is no longer subject to any regulatory approval and is now unconditional. This decision represents an important step in the process towards Euronext’s acquisition of a controlling interest in ATHEX Group, reinforcing Euronext’s commitment to the Greek capital markets and to further strengthening its pan-European market infrastructure. The Acceptance period for the Tender Offer will end on 17 November 2025, at 14:00 (Eastern European time). Euronext will announce the results of the Tender Offer on 19 November 2025. For further information and news about the Tender Offer, please visit the dedicated webpage: www.euronext.com/en/athex-offer.

Nasdaq (Nasdaq: NDAQ) will be presenting at the following conferences with webcasts available at Nasdaq’s Investor Relations website: ir.nasdaq.com/events.cfm. Who: Sarah Youngwood, Executive Vice President and CFO, Nasdaq What: J.P. Morgan 2025 Ultimate Services Investor Conference When: Wednesday, November 18, 20252:00 PM ET   Who: Sarah Youngwood, Executive Vice President and CFO, Nasdaq What: 2025 RBC Capital Markets Global Technology, Internet, Media & Telecommunications Conference When: Tuesday, November 19, 202510:40AM ET     Who: Sarah Youngwood, Executive Vice President and CFO, Nasdaq What: UBS Global Technology and AI Conference When: Tuesday, December 2, 202512:55 PM ET

Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2025. Funded Customers at the end of October were 27.1 million (up approximately 210 thousand from September 2025, up approximately 2.6 million year-over-year). Total Platform Assets at the end of October were $343 billion (up 3% from the end of September 2025, up 115% year-over-year). Net Deposits were $5.6 billion in October, or a 20% annualized growth rate relative to September 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $68.7 billion, or an annual growth rate of 43% relative to October 2024 Total Platform Assets. Equity Notional Trading Volumes were $320.1 billion (up 34% from September 2025, up 153% year-over-year). Options Contracts Traded were 266.7 million (up 22% from September 2025, up 69% year-over-year). Crypto Notional Trading Volumes were $32.5 billion (up 38% from September 2025, up 480% year-over-year), including Robinhood App Notional Trading Volumes of $13.9 billion (up 49% from September 2025, up 148% year-over-year) and Bitstamp Notional Trading Volumes of $18.6 billion (up 31% from September 2025).  Margin balances at the end of October were $16.5 billion (up 19% from the end of September 2025, up 166% year-over-year).  Total Cash Sweep balances at the end of October were $34.2 billion, including the impact of record customer net buying (down 3% from the end of September 2025, up 34% year-over-year).  Total Securities Lending Revenue in October was $60 million (up 2% from September 2025, up 216% year-over-year).    October2025 September2025 M/MChange October2024 Y/YChange (M - in millions, B - in billions)           Funded Customer Growth (M)           Funded Customers   27.1   26.8 +1 %   24.4 +11 %             Asset Growth ($B)           Total Platform Assets $ 342.6 $ 332.7 +3 % $ 159.7 +115 % Net Deposits1 $ 5.6 $ 9.2 NM   $ 5.2 NM               Trading           Trading Days (Equities and Options)   23   21 +10 %   23 -   Total Trading Volumes           Equity ($B) $ 320.1 $ 238.8 +34 % $ 126.4 +153 % Options Contracts (M)   266.7   218.8 +22 %   158.0 +69 % Crypto ($B)2 $ 32.5 $ 23.5 +38 % $ 5.6 +480 % Robinhood App ($B) $ 13.9 $ 9.3 +49 % $ 5.6 +148 % Bitstamp ($B) $ 18.6 $ 14.2 +31 %   - NA               Daily Average Revenue Trades (DARTs) (M)         Equity   3.1   3.0 +3 %   2.0 +55 % Options   1.4   1.3 +8 %   0.9 +56 % Crypto3   0.6   0.5 +20 %   0.2 +200 %             Customer Margin and Cash Sweep ($B)         Margin Book $ 16.5 $ 13.9 +19 % $ 6.2 +166 % Total Cash Sweep $ 34.2 $ 35.4 (3 %) $ 25.5 +34 % Gold Cash Sweep $ 32.4 $ 33.5 (3 %) $ 24.8 +31 % Non-Gold Cash Sweep $ 1.8 $ 1.9 (5 %) $ 0.7 +157 %             Total Securities Lending Revenue ($M) $ 60 $ 59 +2 % $ 19 +216 %                       1. Starting in June 2025, Net Deposits include results from Bitstamp. Net Deposits do not include results from TradePMR.2. Refer to Robinhood’s full monthly metrics release for the definition of Notional Trading Volume.3. Crypto DARTs do not include Bitstamp Institutional activity. For definitions and additional information regarding these metrics, please refer to Robinhood’s full monthly metrics release, which is available on investors.robinhood.com. The information in this release is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on Robinhood’s estimates, and subject to completion of financial closing procedures. Final results for the most recent fiscal quarter, as reported in Robinhood’s quarterly and annual filings with the U.S. Securities and Exchange Commission (“SEC”), might vary from the information in this release.