Europe has an EU-wide framework (called “REMIT”) to detect and deter market manipulation and abuse in wholesale energy markets. The Regulation was revised in 2024 to keep pace with evolving market dynamics. To make the framework fully operational, REMIT secondary legislation has also been updated with a recast REMIT Implementing Regulation and a new Delegated Regulation, both entering into force on 29 April 2026 (i.e. 20 days after their publication today in the Official Journal). This reinforced REMIT framework enhances transparency and trust in the integrity of Europe’s energy markets. To support compliance with the new obligations, ACER has published two open letters (one on the recast Implementing Regulation and the other on the new Delegated Regulation). In the coming weeks, ACER will also seek stakeholder input (via a public consultation) on a new guideline to help REMIT data reporting parties comply with new obligations. Key changes 1. The recast Implementing Regulation sets out updated rules for reporting energy market data to ACER, directly affecting all reporting parties. It aims to reduce reporting burdens while enabling more effective market monitoring and detection of potential abuses. 2. The new Delegated Regulation introduces authorisation and supervision processes (including withdrawal and orderly substitution) for: Registered reporting mechanisms (RRMs): entities authorised to report energy data to ACER, either on their own behalf or on behalf of companies. Inside information platforms (IIPs): online platforms where companies publicly disclose inside information (like power outages or capacity issues) so that all market participants can access it at the same time. IIPs are also officially authorised to report this information to ACER on behalf of companies. Together, these two acts aim to improve standardised data reporting, strengthen the supervision of REMIT reporting entities and help ensure transparency and integrity in EU wholesale energy markets. What’s next? ACER public consultation on a new guideline on REMIT transaction reporting to reflect evolving obligations under the revised framework (16 April - 12 June 2026). ACER and European Commission webinar: New REMIT implementing rules for energy market integrity and transparency (23 April 2026). ACER and European Commission annual REMIT workshop (11 June 2026). ACER consultations with targeted stakeholders on guidance documents for data reporting (including on the revised electronic formats). The revision process will be gradual, in line with the phased entry into force of new obligations and will involve stakeholder consultation. Read more & check our manual for new market participants.

The Commodity Futures Trading Commission filed a motion Wednesday in the U.S. District Court for the District of Arizona asking the court for a preliminary injunction and temporary restraining order that would halt Arizona’s efforts to apply state criminal and gambling laws against CFTC-regulated prediction markets. This motion builds on last week’s filing, with the Department of Justice, of a lawsuit challenging Arizona’s preempted conduct. “Arizona’s decision to weaponize preempted state criminal law against companies that comply with a comprehensive federal regime sets a dangerous precedent,” said Chairman Michael S. Selig. “The CFTC is committed to vigorously defending its exclusive authority over prediction markets. We are asking the court to send a clear message that intimidation is not an acceptable tactic to circumvent federal law.” The CFTC has filed complaints against Arizona, Connecticut, and Illinois, seeking declaratory judgments that federal law grants the CFTC exclusive authority to regulate event contracts and requesting permanent injunctions preventing the states from enforcing preempted state laws against its registrants. In addition to Arizona pursuing criminal charges, each of the three states had sent cease and desist letters to CFTC-regulated entities. The CFTC has clear and longstanding exclusive jurisdiction to regulate event contracts under the Commodity Exchange Act, which preempts state laws purporting to regulate prediction markets. RELATED LINKS Preliminary Injunction and Temporary Restraining Order: Arizona

dxFeed, a global provider of market data and financial technology solutions, announced the launch of its Aggregated Overnight Feed to deliver a consolidated top-of-book data feed for the overnight trading session in U.S. equities. As extended-hours trading continues its transformation from a niche activity into a core component of global market structure, dxFeed's latest innovation addresses a critical gap: high-quality, normalized, and aggregated market data during overnight sessions. "The market is moving toward a continuous trading model, but infrastructure has lagged behind—particularly in overnight sessions," said Stepan Bolshakov, Managing Director at dxFeed. "With our Aggregated Overnight Feed, we are closing that gap by delivering a normalized, consolidated view of liquidity across venues. This enables our clients to operate with the same level of confidence, data quality, and analytical depth—regardless of the time of day." A Structural Shift in Global TradingOvernight trading is no longer peripheral. With pre- and post-market volumes approaching 9% of total daily activity, and demand accelerating across Asia and other international markets, the overnight session is rapidly becoming a structural extension of the U.S. equities market. However, until now, market participants have faced fragmented liquidity, inconsistent data formats, and limited transparency across overnight venues. dxFeed Aggregated Overnight Feed directly solves this. What dxFeed Delivers — First-of-Its-Kind CapabilityPowered by dxFeed's proprietary Feed Consolidator Service (FCS), the new solution aggregates and normalizes Level 1 (top-of-book) data, including: Quotes Trades Time & Sales (TnS) Summary data The feed consolidates liquidity across key overnight venues, including Bruce ATS, Blue Ocean ATS, Moon ATS. True 24/7 Market VisibilityA key differentiator is dxFeed's ability to seamlessly merge overnight aggregated data with regular U.S. trading sessions, delivering:  A continuous 24/7 data stream for U.S. equities Unified market view across all sessions Consistent data schema and normalization This removes the need for firms to stitch together multiple feeds, significantly reducing infrastructure complexity and latency risks. Why This Matters for Traders and InstitutionsThe introduction of aggregated overnight market data is not just an incremental improvement — it is a foundational upgrade to market accessibility and decision-making. Key benefits include: Improved price discovery in low-liquidity environments Enhanced transparency across fragmented venues Better execution strategies for global participants Access to actionable signals during off-hours Reduced operational overhead via consolidated data delivery For quantitative firms, brokers, and institutional traders, this unlocks previously inaccessible alpha opportunities and enables true round-the-clock trading strategies. "As overnight trading gains momentum, the industry is beginning to build the infrastructure required to support a fully functioning session, paving the way for a broader range of participants to engage with the overnight market," said Jason Wallach, CEO of Bruce Markets. "dxFeed has been an early mover in developing consolidated market data for overnight trading, which provides market participants with the transparency and data quality needed as the session continues to mature." Setting a New Industry StandardWith the launch of the Aggregated Overnight Feed, dxFeed reinforces its position as a technology leader in market data innovation, delivering infrastructure that aligns with the evolving, global, and always-on nature of modern financial markets. About dxFeeddxFeed is a leading market data provider and calculation agent for the global capital markets, named Best Data Provider 2025 by the Fund Intelligence Operations and Services Awards. The company delivers high-quality financial data and services to brokerages, prop traders, exchanges, professional traders, and academic institutions. dxFeed is focused on enhancing AI- and IaaS-driven solutions, while reinforcing its commitment to reliable service provision, compliance and best support.

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for March 2026. TSX welcomed 31 new issuers in March 2026, compared with 28 in the previous month and 18 in March 2025. The new listings were 23 exchange traded funds, three mining companies, three technology companies, one consumer products & services company, and one life sciences company. Total financings raised in March 2026 decreased 41% compared to the previous month, but were up 195% compared to March 2025. The total number of financings in March 2026 was 44, compared with 79 the previous month and 35 in March 2025. For additional data relating to the number of transactions billed for TSX, please click on the following link: https://www.tmx.com/resource/en/440. There were six new issuers on TSXV in March 2026, compared with three in the previous month and four in March 2025. The new listings were five mining companies and one Capital Pool Company. Total financings raised in March 2026 increased 29% compared to the previous month, and were up 481% compared to March 2025. There were 161 financings in March 2026, compared with 124 in the previous month and 93 in March 2025. TMX Group consolidated trading statistics for March 2026 can be viewed at www.tmx.com. Related Document:TMX Group Equity Financing Statistics – March 2026

Miami International Holdings, Inc. (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced the passing of Murray Stahl, a valued member of its Board of Directors. "I am deeply saddened by the passing of our beloved friend and colleague Murray Stahl," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. "Our deepest condolences are with the Stahl family and Murray's colleagues at Horizon Kinetics. He was an exceptional leader and a treasured member of our Board whose spirit and support left a lasting influence on MIAX." Mr. Gallagher went on to state, "I feel fortunate to have known and worked alongside Murray for over 15 years. He will be remembered not only for his incredible professional achievements, but also for his character, generosity, and the respect he showed to everyone around him. Murray was an early believer in what all of us at MIAX were striving to achieve and we will always be grateful for his steadfast support." Mr. Stahl served as a director of MIAX since July 2025. He was also a director of MIAX Futures™ since 2013 and a member of the Bermuda Stock Exchange (BSX) Council since 2014, both wholly owned subsidiaries of MIAX. Mr. Stahl was the Chief Executive Officer, Chairman of the Board and co-founder of Horizon Kinetics Holding Corporation, as well as the Chief Executive Officer of FRMO Corp. He served on the boards of Texas Pacific Land Corporation and multiple privately-held companies.

DFSA introduces temporary regulatory relief measures to support new firms seeking DFSA authorisation and existing regulated firms in Dubai International Financial Centre Measures will provide flexibility for firms to continue to meet our high regulatory standards during this exceptional operating environment and over the period ahead, enabling them to continue to serve their clients and markets The Dubai Financial Services Authority (DFSA), the independent regulator of banking, wealth & asset management, capital markets, and insurance in Dubai International Financial Centre (DIFC), today announced a package of temporary and proportionate regulatory relief measures to support the DIFC financial services community during the current exceptional operating environment and over the period ahead. The measures are intended to assist regulated firms in continuing to support clients and markets, during the current circumstances, pending their conclusion. Mark Steward, Chief Executive of the DFSA, said: “DIFC firms have demonstrated great resilience and financial strength during this exceptional period. The DFSA wishes to provide assistance to firms, on request, as a bridge to the resumption of normal trading and has developed a framework to provide temporary regulatory flexibility across a range of areas for those seeking DFSA authorisation and for existing authorised firms. These measures will ease operational challenges while ensuring our high regulatory standards continue to be met. We will continue to review the situation, as it unfolds, and will provide additional measures to assist firms, if needed, including assistance in returning to normal trading conditions.” Headline Areas of Relief The DFSA’s relief initiatives include targeted, temporary flexibility across a number of areas, including: Authorisation, licensing, and administrative requirements, including flexibility where appropriate in application and supervisory timelines Governance and staffing arrangements, reflecting evolving staff location dynamics and the continued integration of remote working practices Regulatory reporting and supervisory processes, including extended timelines, to allow firms additional capacity to manage operational challenges and prioritise critical activities Implementation timelines for selected regulatory initiatives, where postponement would not undermine regulatory outcomes These measures are intended to be risk‑based, proportionate, and time‑limited, and will be applied in a manner that reflects the nature, scale, and complexity of individual firms. Regulatory Standards Remain Unchanged The DFSA emphasises that regulatory standards and supervisory expectations remain unchanged. Any relief provided will be temporary, subject to appropriate governance and oversight, and designed to support compliance and resilience rather than dilute regulatory requirements. The DFSA will continue to closely monitor financial and operational conditions, maintain active supervisory engagement, and take action where necessary to safeguard the integrity and reputation of the DIFC’s financial services framework. The DFSA is committed to working constructively with the DIFC financial community, other UAE authorities, and international partners to ensure the continued strength, resilience, and global standing of the DIFC – as the leading international financial centre in the Middle East, Asia and South Asia (MEASA) region.

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for March 2026, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended March 31, 2026, on its Investor Relations website. A data sheet showing this information can be found at: https://ir.nasdaq.com/financials/volume-statistics.

The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on March 17–18, 2026. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting. The minutes can be viewed on the Board’s website. Minutes of the Federal Open Market CommitteeMarch 17–18, 2026: HTML | PDF

BondXN Inc., a leading electronic trading and data venue for mortgage-backed securities (MBS), today announced a multi-year partnership with BlackRock Aladdin®. Through this integration, common clients of BondXN and BlackRock Aladdin will be able to directly access BondXN’s Specified Pool and TBA trading capabilities from the Aladdin platform, BlackRock’s technology that unifies the investment management process. Common clients will benefit from seamless connectivity to BondXN’s BWIC workflows, dealer inventories, and advanced screening tools, enabling streamlined execution across multiple e-trading protocols. “By combining BondXN’s market-leading technology with the Aladdin platform’s institutional reach, we are creating new standards for transparency and efficiency in MBS trading that has long been limited by fragmented workflows and legacy platforms,” said Nic Tandon, Chief Product Officer at BondXN. “This partnership allows common clients to access deeper liquidity, simplify complex workflows, and accelerate trade execution.” Orders submitted through the Aladdin platform will flow directly into BondXN, allowing users to source liquidity, engage multiple dealers, and process trades straight-through back into the Aladdin platform - reducing operational friction and manual steps. Beyond its integration with the Aladdin platform, BondXN is transforming workflows across the MBS ecosystem. For originators, the platform has digitized the previously spreadsheet driven BWIC process by connecting sellers to all their counterparties, significantly lowering execution times and error rates. BondXN’s unique technology allows dealers to organize all BWIC and offer activity into a single electronic workflow to improve client connectivity, speed and reduce trade booking violations.

ISDA has announced that Natixis CIB has adopted ISDA’s Digital Regulatory Reporting (DRR) solution, enabling the bank to meet regulatory reporting requirements more efficiently and accurately. The ISDA DRR uses the Common Domain Model (CDM) – an open-source data standard for financial products, trades and lifecycle events – to convert a golden-source interpretation of regulatory reporting rules into machine‑executable code, increasing the accuracy and consistency of data reported to regulators and reducing the time, resources and costs associated with compliance. Natixis CIB’s adoption follows the recent announcement that LSEG has integrated the ISDA DRR into its TradeAgent post-trade processing platform. “The adoption of the ISDA DRR by Natixis CIB highlights the increasing demand for a scalable, automated and industry‑standard approach to regulatory reporting compliance. By leveraging the ISDA DRR and CDM, firms can reduce operational complexity, enhance data quality and respond more effectively to evolving regulatory requirements,” said Scott O’Malia, ISDA’s Chief Executive. “The adoption of the CDM and DRR into production at Natixis CIB marks a critical step towards transaction regulatory reporting data and function rationalization. This initial milestone validates Natixis CIB’s commitment to further modernize its regulatory reporting solution across multiple market segments and reporting jurisdictions. CDM/DRR adoption is paving the way for greater efficiency and agility in meeting evolving regulatory demands, delivering positive value to both Natixis CIB and its customers,” said Nicolas Fenaert, Natixis CIB’s Global Head of IT & Operations. The ISDA DRR has so far been applied to eight sets of reporting rules around the world and ISDA is committed to supporting 14 core regulatory reporting regimes across nine jurisdictions. For more information on the ISDA DRR and the CDM, visit the ISDA Solutions InfoHub.

The Securities and Exchange Commission today announced that David Woodcock has been appointed Director of the Division of Enforcement, effective May 4, 2026. Mr. Woodcock is currently a partner in the Dallas and Washington, D.C. offices of Gibson, Dunn & Crutcher LLP, where he serves as chair of the firm’s Securities Enforcement Practice Group. Sam Waldon will continue to serve as Acting Director of the Enforcement Division until May 4. “The Division of Enforcement has undergone a significant course correction, restoring Congressional intent by prioritizing cases that provide meaningful investor protection and strengthen market integrity,” said SEC Chairman Paul S. Atkins. “I thank Sam for his steadfast commitment to serve in key senior roles at the SEC and am grateful for his wise counsel and leadership.” Chairman Atkins continued, “I am incredibly pleased to have David rejoin the SEC at this critical time, as we continue to focus on the types of misconduct that inflict the greatest harm to investors. With experience as a senior officer at the SEC, global law firm partner, a certified public accountant, and senior in-house corporate attorney, David is a foremost expert in all relevant facets of securities law and has deep institutional knowledge. I look forward to him leading our 1,000+ team of talented enforcement investigators, trial attorneys, accountants, and other professionals.”  “I am honored to join the exceptionally talented team in the Enforcement Division and look forward to advancing our vital mission of investor protection,” said Mr. Woodcock. “My commitment is to lead the division with the highest level of professionalism and rigor as we execute the Chairman’s vision and ensure the integrity of our financial markets.” Mr. Woodcock is a widely recognized securities and governance attorney who returns to the Commission after serving as Director of the Fort Worth Regional Office from 2011 to 2015. During his prior SEC tenure, Mr. Woodcock led Enforcement and Examinations Division lawyers, accountants, and examiners, oversaw investigations in nearly every major area of the SEC’s enforcement program, served as a member of the Enforcement Advisory Committee, and created and served as Chair of the SEC’s cross-office and cross-division Financial Reporting and Audit Task Force, which was designed to enhance the SEC’s detection and prosecution of violations involving accounting and false financial statements. Most recently, Mr. Woodcock’s practice at Gibson, Dunn & Crutcher focused on regulatory enforcement, internal investigations, and corporate governance. Previously, he served as a senior in-house corporate attorney at Exxon Mobil Corporation. Mr. Woodcock is also an Adjunct Professor of Law at Texas A&M University School of Law, where he has taught for more than a decade on securities, ethics, and compliance. Mr. Woodcock earned his bachelor’s degree in accounting from Louisiana State University, and his JD from the University of Texas School of Law.

The Ontario Securities Commission (OSC) is inviting applications from senior leaders to join its new Capital Markets Advisory Committee (CMAC). CMAC will be a senior‑level, industry‑wide forum established on a pilot basis to provide strategic insight and perspectives on trends and developments affecting Ontario’s capital markets, while serving as an integrated forum for advisory input previously provided through multiple committees. CMAC will play an important role in supporting the OSC’s Strategic Plan by providing expert insight on regulatory operations, emerging market trends, and innovation opportunities. The committee will:   Provide expert input on proposed rules, guidance, and regulatory initiatives to promote effective and proportionate regulation.  Advise on strategic priorities to ensure alignment with market realities and supporting strong investor outcomes.  Share insights on global and domestic trends, risks, and opportunities for innovation to inform policy and strategy.  “The Capital Markets Advisory Committee will strengthen the links between the OSC and leading experts by connecting our regulatory functions, and providing insights and advice to help support the important work the OSC delivers on behalf of Ontario’s market participants and investors,” said Grant Vingoe, Chief Executive Officer, OSC. “As global capital markets evolve in response to the external environment, we look forward to working with industry leaders to position Ontario as a destination for innovation, competitiveness, and strong investor protection.” Application Process The OSC welcomes applications from senior leaders across Ontario’s capital markets, including marketplace representatives and dealers, reporting issuers, institutional investors, technology innovators, academics and other market participants.  Diversification of membership on CMAC will be a priority to promote representation from a wide range of market segments, business models, and perspectives. Interested parties should submit their resume indicating their areas of practice and relevant experience by April 30, 2026. Additional information about CMAC, including its mandate and details on the selection process can be found in the terms of reference . Applicants will be informed accordingly by late May, and the composition of the new Advisory Committee will be made public on the OSC’s website.   Applications should be submitted by email to cmac@osc.ca. The OSC is committed to diversity, and it is our priority to provide an inclusive workplace, including on our advisory committees, where all individuals feel safe, valued, respected, and empowered. We are committed to ensuring an inclusive, barrier-free, accessible recruitment process so that all individuals with disabilities, who are interested in pursuing and who apply for employment with the OSC, are made aware of the accommodation measures available to them throughout the recruitment and hiring process. If you require an accommodation, please contact Paloma Ellard and we will work with you to meet your needs. For further information, please refer to accessibility at the OSC. The OSC is a proud partner with the following organizations: BlackNorth Initiative , Canadian Centre for Diversity and Inclusion  and Pride at Work Canada, and is committed to our Accessibility and Reconciliation Action Plans. Background: The Market Structure Advisory Committee (MSAC) and Investment Funds Technical Advisory Committee (IFTAC) will be put on pause during the pilot committee. The Continuous Disclosure Advisory Committee (CDAC) and Small Business Advisory Committee (SBAC) terms have ended and will not be reconstituted. The following committees are continuing: Securities Advisory Committee (SAC) Registrant Advisory Committee (RAC) The pilot will run for 12 months with the inaugural meeting taking place in June 2026.

Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) issued a joint proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).  The proposed rule, which implements the GENIUS Act’s anti-money laundering and sanctions compliance program requirements, encourages innovation in payment stablecoins while providing an appropriately tailored regime to mitigate potential illicit finance risks. “President Trump is strengthening American leadership in digital financial technology,” said Secretary of the Treasury Scott Bessent.  “This proposal will protect the U.S. financial system from national security threats without hindering American companies’ ability to forge ahead in the payment stablecoin ecosystem.” The GENIUS Act provides a framework for the federal regulation of payment stablecoins. The law directs Treasury to issue regulations that would treat permitted payment stablecoin issuers (PPSIs) as financial institutions for purposes of the Bank Secrecy Act (BSA) and impose anti-money laundering obligations on PPSIs.  The GENIUS Act also mandates that PPSIs maintain an effective sanctions compliance program and directs Treasury to issue appropriate regulations implementing such obligations. The proposed rule would subject PPSIs to requirements applicable to financial institutions relating to prevention of money laundering and impose obligations specified in the GENIUS Act. Consistent with FinCEN’s efforts to modernize BSA requirements, the proposed obligations are designed to be fit for purpose, assist law enforcement, and minimize unnecessary burden. The proposed rule would require PPSIs to adopt and maintain an effective sanctions compliance program as required by the GENIUS Act. Read more about the proposed rule here. FinCEN and OFAC welcome public comments on the proposal, which will be published in the Federal Register in the coming days. Resources Notice of Proposed Rulemaking Fact Sheet Report to Congress from the Secretary of the Treasury on Innovative Technologies to Counter Illicit Finance Involving Digital Assets

The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service. This additional flexibility would support new private sector use cases for the FedNow Service. For example, it would allow U.S. banks to use FedNow to transact with correspondent banks to facilitate the international portion of a cross-border payment. Currently, a transfer of funds sent through the FedNow Service can include only two U.S. banks. Comments are due within 60 days after publication in the Federal Register. Federal Register notice: Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through the Fedwire Funds Service and the FedNow Service (PDF)

Overall volumes in listed derivatives saw a 30 percent increase in March 2026. OTC Clearing saw strong growth, with notional outstanding volumes rising by 37 percent. Eurex Repo reported a solid growth of 66 percent in March, driven by an 85 percent increase in the GC Pooling segment. Eurex – Europe’s leading derivatives exchange and, together with Eurex Clearing, one of the world’s leading central counterparties – reported record trading volumes, with derivative contracts rising by 30 percent to 322.1 million in March 2026. Heightened volatility also supported increased hedging activity. Index derivatives saw a 19 percent gain, climbing from 89 million in March 2025 to 106.2 million in March 2026. The strongest growth was in interest rate derivatives, which surged by 47 percent, from 117.6 million in March 2025 to 172.7 million in March 2026, while equity derivatives increased by 8 percent, rising from 39.5 million to 42.6 million over the same period. OTC Clearing recorded strong growth in March 2026, with notional outstanding volumes rising 37 percent year on year to EUR 53,320 billion, up from EUR 38,849 billion in March 2025. The main growth driver was Overnight Index Swaps, which surged by 84 percent to EUR 8,900 billion compared with EUR 4,839 billion in the previous year. Eurex Repo, Eurex’s leading electronic market for secured funding and financing, delivered another very strong performance in March. Average term‑adjusted volumes increased by 66 percent year‑on‑year compared with March 2025, reaching EUR 530 billion. Growth was driven by strong activity in term Special Repo, benefiting from elevated term trading in EUR government bonds during January and February. At the same time, the GC Pooling segment recorded consistently solid term business across the curve.   Business overview – March 2026  March 2026  March2025  Change  Financial derivatives: traded contracts Eurex Exchange  Index derivatives (million)  106.2 89.0 +19% Interest rate derivatives (million)  172.7 117.6 +47% Equity derivatives (million)  42.6 39.5 +8% Total (million)1 322.1 248.2 +30% OTC Clearing² Notional outstanding volumes (billion EUR)  53,320 38,849 +37% of which interest rate swaps (billion EUR)  22,540 16,914 +33% of which overnight index swaps (billion EUR)  8,900 4,839 +84% Average daily cleared volumes (billion EUR)  372 312 +19% of which interest rate swaps (billion EUR)  88 52 +69% of which overnight index swaps (billion EUR)  113 42 +167% Compression volumes (billion EUR)  213 197 +8% Repo: Average daily term adjusted volume on Eurex Repo  GC Pooling³ (billion EUR)  276.9 149.4 +85% Repo Market (billion EUR)  253.5 171.1 +48% Total (billion EUR)  530.4 320.5 +66% 1 The total number of contracts traded includes other asset classes such as commodities.2 Notional cleared volumes including post trading events such as compression.3 Includes all currencies.  

Euronext, the leading European capital market infrastructure, today announced trading volumes for March 2026. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes

EEX Group reports its March monthly volumes with record volume levels across several markets. In March, traded volumes on the EEX Group's Global Power markets rose by 59% Year-on-Year, reaching a new monthly record at 1,761.9 TWh. The European Power Spot markets reached a new monthly record at 91.9 TWh. The markets, operated by EPEX SPOT, showed increases both on the Day-Ahead (+16%) and the Intraday markets (+20%), with new records registered in several Intraday markets. The volume on the European Power Derivatives market significantly increased by 67%, reaching 1,373.2 TWh in total. March 2026 marked the highest monthly volume ever, with strong growth rates across all futures markets. Most notable are new EEX monthly records in German (962.1 TWh, +72%), Italian (108.4 TWh, +63%) and Spanish (35,8 TWh, +97%) as well as Belgian Power Futures (5.9 TWh, +199%). The EEX German Power Open Interest (OI) share continued at around 91% in the course of March.* The Nordic Power Futures showed the highest growth rate during the month (+759%) with 6.3 TWh traded which is a new monthly record. On the Nordic markets, the EEX System Price OI share has further increased (+131% YoY), in addition to significant annual growth across the Finnish, Swedish (SE2, SE3) and Danish (DK1, DK2) zones, several of which also hit all-time highs on EEX markets. The Japanese Power Futures market continued its growth trend, with another monthly record at 43.9 TWh, nearly tripling the volume YoY Trading on the EEX Group Natural Gas markets reported a strong growth of 55% year-on-year, resulting in a total volume of 1,067.0 TWh. While the European Gas Spot markets rose by 13% YoY to 315.5 TWh, trading in the European Gas Derivatives markets nearly doubled the volumes from March 2025 (+95%), reaching a total of 730.9 TWh. On the spot markets, growth was supported by the German THE (+31%), the French PEG (+11%) and the British NBP (+42%). In the derivatives markets, EEX recorded new monthly records in the Dutch TTF market (453.5 TWh, + 76%), the German THE (164.1 TWh, +173%) and the Italian PSV (17.8 TWh, +295%). In addition to these records, EEX saw high growth rates across the board on all gas derivatives markets. The European Environmental markets increased by 129% year-on-year to 164.6 million tonnes of CO2. This development was largely driven by the secondary market, where trading increased by 520% YoY. On this market, trading in Emission Futures sharply increased by 558% to 115.7 million tonnes of CO2, while spot trading increased by 99% year-on-year. The volume in EEX Group’s Guarantees of Origin (GO) markets grew by 166% YoY. This was mainly driven by a strong performance of the EEX GO Futures, which posted a new monthly record at 13.2 TWh, with an extraordinary growth rate of 529% as against March 2025. Also, the EEX Group Freight markets followed the overall trend, with an annual increase of 11%, reaching 149,481 lots.  Please find the full volume report in English and German below. EEX Group builds secure, successful and sustainable commodity markets worldwide – together with its customers. The group offers trading in power, natural gas, environmental products, freight and agriculturals as well as subsequent clearing and registry services, connecting a network of more than 1,000 trading participants. EEX Group consists of European Energy Exchange (EEX), EPEX SPOT, Power Exchange Central Europe (PXE), GET Baltic and Nodal Exchange as well as the software companies KB Tech and Lacima. Clearing is provided by EEX Group’s clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX Group is part of Deutsche Börse Group.  Related Files EEX Group Monthly Volumes – March 2026 pdf (156 KB) EEX Press Release - EEX Group Monthly Volumes – March 2026 (English | German)

Wedbush Fund Advisers, LLC has launched the Dan IVES Wedbush AI Power & Infrastructure ETF, which tracks the Solactive Wedbush AI Power & Infrastructure Index. The ETF is designed to provide investors with targeted exposure to companies positioned to benefit from the growing need for electricity generation, grid expansion, and energy-efficient technologies supporting the buildout of AI and digital infrastructure. This launch builds on the thematic vision and research of acclaimed technology analyst Dan Ives, whose perspective on the next phase of AI adoption played a central role in shaping the index’s design and focus. The rapid expansion of AI adoption is reshaping the physical infrastructure required to support the digital economy. As additional AI-focused data centers come online, demand is increasing for reliable electricity generation, transmission capacity, grid modernization, and technologies that improve energy efficiency across increasingly power-intensive systems. The Solactive Wedbush AI Power & Infrastructure Index is constructed using the research of technology analyst Dan Ives. ARTIS®, Solactive’s proprietary natural language processing technology, is used to establish a broad starting universe of companies relevant to AI infrastructure and electrification. From there, defined market capitalization and trading volume thresholds are applied, and companies must be included in the Wedbush Industry Note on Disruptive Technology titled, Physical Foundation of the AI Revolution: Energy a Key Beneficiary of Buildout (the “Wedbush Research Note”), to be eligible for selection. The index applies a modified market capitalization weighting approach, seeking to provide diversified and meaningful exposure across the AI power and infrastructure value chain. It is rebalanced quarterly, with additional updates possible following the publication of changes to the Wedbush Research Note. The ETF listed on 8th April 2026 on NYSE Arca under the ticker symbol IVEP. Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “After the successful launch of the Dan IVES Wedbush AI Revolution ETF last year, we are pleased to extend our collaboration with Wedbush Fund Advisers to the infrastructure side of the AI buildout. This is a prime example of how differentiated research can be combined with tailored index engineering to create targeted market access to one of the most important enablers of AI adoption.” “As AI adoption accelerates, energy and infrastructure are emerging as key drivers,” said Matt Bromberg, Chief Operating Officer of Wedbush Fund Advisers. “AI implementation and adoption ultimately require energy, and the scale of demand is creating meaningful opportunities for the companies enabling that buildout. We designed IVEP to provide investors access to this physical backbone of AI.”

The 12th official meeting of the U.S.-UK Financial Regulatory Working Group (Working Group) was hosted by the U.S. Department of the Treasury in Washington, DC on February 25, 2026. Senior officials from the U.S. Treasury and His Majesty’s (HM) Treasury were joined by representatives from the Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Bank of England, and Financial Conduct Authority. Participation varied across themes, with participants expressing views on issues in their organizations’ respective areas of responsibility. The Working Group emphasized close, ongoing U.S. and UK cooperation and focused on several key themes, including: 1) the economic and financial stability outlook, 2) the Transatlantic Taskforce for Markets of the Future (TTMF), 3) digital finance and innovation, and 4) regulatory modernization and developments. The meeting opened with a broad discussion of the U.S. and UK economic and financial stability outlooks, with participants taking stock of current economic trends and market conditions. Both U.S. Treasury and HM Treasury emphasized facilitating economic growth and cross-border activity, while also modernizing regulation and protecting financial stability. Participants received a progress report on the work of the TTMF, including a readout of a joint industry roundtable hosted in Washington, DC the prior day.  During this TTMF engagement, U.S. Treasury hosted representatives from HM Treasury, and U.S. and UK regulatory agencies, for a second round of industry engagement exploring opportunities to improve links between our capital markets and to collaborate on digital assets.  The TTMF aims to report back to both Treasuries with recommendations via the Working Group in summer 2026. Participants discussed issues related to digital finance and innovation, noting broad support for promoting the use and growth of digital assets and digital financial innovation globally. Authorities discussed their respective priorities for digital assets and provided updates on the progress of regulation in both jurisdictions, including to support the adoption of stablecoins for payments. UK participants also provided an update about their Digital Securities Sandbox, and the Working Group discussed potential opportunities to support cross-border innovation. Participants emphasized the importance of continued bilateral engagement on digital assets developments in their respective jurisdictions. Participants also shared recent developments in their respective work on payments modernization.  Representatives exchanged views on their respective approaches to artificial intelligence (AI) and both current and future uses of AI in financial services. U.S. and UK authorities discussed ways to work together, to realize the potential of this technology and mitigate the potential risks of AI in financial services. The Working Group discussed approaches to cybersecurity and operational resilience for supervised institutions and their use of critical third parties, including opportunities for authorities’ further engagement. Participants continued discussions about the importance of working with industry to improve the resilience of the financial sector. The Working Group continued with a discussion of developments in non-bank financial intermediation (NBFI), with participants providing updates on their respective domestic agendas and support for continued international engagement on this topic. Participants also offered an overview of developments in their domestic banking systems and banking regulation. Participants conferred on the investment environment, including capital markets regulation. HM Treasury set out the UK government’s program of reforms to reinvigorate capital markets, including its commitment to move to a T+1 settlement cycle in October 2027.  The Working Group plans to formally reconvene in summer 2026 to continue its ongoing biannual dialogue, first established in 2018 to deepen bilateral regulatory cooperation between the UK and the U.S. and to enhance robust economic growth; financial stability; investor protection; fair, orderly, and efficient markets; and capital formation across both jurisdictions. 

Haruko, a leading provider of institutional digital asset technology, is proud to announce its integration with STS Digital one of the world’s leading principal derivatives trading firms. This strategic collaboration enhances Haruko’s ability to deliver secure, scalable, and comprehensive portfolio risk management workflows tailored for institutional investors.   Through this integration, STS Digital users will access real-time insights into trading activity, positions, and market exposure. Haruko consolidates data across STS Digital and other venues, providing a unified view of digital asset portfolios alongside advanced pricing, risk analytics, and performance reporting.   “Our collaboration with STS Digital is another step toward building a more connected, transparent and efficient institutional digital asset ecosystem,” said Shamyl Malik, CEO of Haruko. “By integrating with STS Digital, we’re empowering institutional risk managers with the precision and clarity they need to navigate complex markets. This collaboration allows our clients to gain a unified view of their exposures, driving better decision-making and robust operational control. Together, we are setting a new standard for confidence in digital asset management.”    STS Digital is the leading regulated principal trading firm for digital asset derivatives, offering institutional clients vanilla and exotic options, spot, and structured products across more than 400 tokens via UI, API, and voice. The integration with Haruko follows the recent launch of its structured products platform and a $30 million strategic round led by CMT Digital, reinforcing the firm's position at the centre of institutional options infrastructure.    “Through this integration, Haruko clients who trade options on STS Digital's platform can now view those positions on an aggregated basis alongside all their other venues in a single risk dashboard," said Maxime Seiler, CEO and Co-Founder, STS Digital. “With access to vanilla and exotic options, along with full visibility of trade history, exposures, and P&L through Haruko, institutions can engage with digital asset options markets more seamlessly than ever.”   As institutional participation in digital assets accelerates, the need for transparency and operational clarity continues to grow. The collaboration between Haruko and STS Digital reflects a broader shift toward integrated infrastructure, where trading and risk management operate seamlessly together.