Workflow
Financial Technology
icon
Search documents
CME Group and CF Benchmarks to Launch CME CF Bitcoin Volatility Indices
Prnewswire· 2025-11-20 14:00
Core Insights - CME Group and CF Benchmarks are launching two new bitcoin volatility indices on December 2, 2025, namely the CME CF Bitcoin Volatility Index - Real Time (BVX) and the CME CF Bitcoin Volatility Index - Settlement (BVXS) [1][2] Group 1: Indices Overview - The new indices provide forward-looking, market-based measures of expected bitcoin price fluctuations over a 30-day period [2] - These indices are not tradable futures products but serve as indicators of implied volatility in CME Group's regulated options on Bitcoin futures [2] Group 2: Market Context - In 2025, nearly $46 billion in equivalent notional value was traded in CME Group's Bitcoin options, establishing them as a benchmark for assessing market views on bitcoin volatility [3] - The launch of these indices is seen as a significant milestone for the crypto asset class, reflecting the increasing sophistication of tools available for managing risk in the bitcoin options market [3] Group 3: Calculation and Publication - The BVX is calculated and published every second during trading hours from 7 a.m. to 4 p.m. Central, while the BVXS is published at 4 p.m. London time [3]
Waton Financial Limited Partners with Panda AI to Launch Global AI Trading Agent Competition to Accelerate AI Adoption Across Traditional Financial Institutions
Globenewswire· 2025-11-20 13:30
Core Viewpoint - Waton Financial Limited has announced a strategic partnership with Panda AI to launch the Global Competition for AI Agents in Securities Trading, aimed at enhancing AI capabilities and establishing a global platform for AI trading talent [1][2][3] Group 1: Partnership and Competition Overview - The partnership will allow participants to develop and deploy sophisticated AI trading agents in live markets, differing from traditional simulation-based competitions [2] - Waton will provide institutional-grade trading execution infrastructure and market access, while Panda AI will offer AI development support and multi-model framework technology [2] - The inaugural stage of the competition will launch in the Greater China region, with plans for global market expansion [2] Group 2: Strategic Goals and Vision - The collaboration aims to accelerate the identification and commercialization of advanced AI trading strategies, reinforcing Waton's competitive position as a bridge between traditional finance and AI-native trading [3] - The competition is expected to serve as a talent funnel and proof-of-concept engine for high-performing autonomous trading strategies, enhancing Waton's competitive edge in the AI finance market [3] - The partnership is anticipated to open new avenues for platform monetization and institutional client engagement, deepening Waton's AI agent capabilities [3] Group 3: Company Background - Waton Financial Limited is a holding company registered in the British Virgin Islands, primarily operating through wholly-owned subsidiaries in Hong Kong, offering comprehensive financial services including securities brokerage and asset management [4]
Block Inc (EXZ) Surges 7% on Strong Outlook
Yahoo Finance· 2025-11-20 11:28
We recently published 10 Stocks Beating Wall Street at its Own Game. Block Inc. (NYSE:EXZ) is one of the best-performing stocks on Wednesday. Block snapped a six-day losing streak on Wednesday, jumping 7.56 percent to close at $62 apiece as investor sentiment was bolstered by its strong financial growth outlook over the next three years. By 2028, Block Inc. (NYSE:EXZ) expects gross profit to grow by mid-teens annually and reach $15.8 billion; adjusted operating income to increase 30 percent per annum to ...
Options Expands Microsoft Cloud Solution Partner (CSP) Direct Bill Capabilities to Latin America and the Caribbean Region, Marking Sixth Global Region of Coverage
Businesswire· 2025-11-20 11:15
Core Points - Options Technology expands its Microsoft Cloud Solution Provider (CSP) Direct Bill capabilities to Latin America and the Caribbean, marking the sixth global region of coverage [1][2][4] - The expansion aims to provide global financial clients with seamless access to Microsoft 365 and Azure services, supported by localized billing and regional expertise [2][4] - Options is already utilizing this capability by offering CSP Direct Bill services to customers in the Cayman Islands [3] Company Strategy - The expansion reinforces Options' commitment to delivering secure, enterprise-class cloud services, essential for financial institutions diversifying their global operations [4][5] - Options aims to support clients' growth with best-in-class technology and expert local support, enhancing its position as a Tier 1 Microsoft Solutions Partner [2][4] Operational Enhancements - The new direct billing capabilities complement Options' 24/7 local support model, advancing its mission to empower capital markets through innovation and security [5] - Options continues to grow its global footprint with office expansions in various cities, including Dubai, Sydney, Paris, Toronto, and Chicago [5] Recent Achievements - The announcement follows Options' attainment of Microsoft specializations for Private Cloud and Threat Detection, as well as the launch of PrivateMind, an AI environment focused on data sovereignty and performance [6]
X @Bloomberg
Bloomberg· 2025-11-20 11:06
Fair Isaac Corp. is teaming up with financial technology firm Plaid to roll out a credit score that’s augmented with real-time cash-flow data https://t.co/N9h1ga8HcN ...
深港金融合作 剑指全球前三
Shen Zhen Shang Bao· 2025-11-20 05:32
Core Insights - The collaboration between Hong Kong and Shenzhen in financial technology and the gold industry has reached a significant milestone with the release of the "Action Plan (2025-2027)" aimed at establishing a global financial technology center and a deeply integrated regional gold ecosystem [1][2] Group 1: Action Plan Overview - The "Action Plan" outlines a three-year development path with six key tasks focusing on leveraging the complementary advantages and policy synergies of both regions [2][3] - The goal is to create a vibrant environment for financial technology enterprises, emphasizing innovation and technological leadership [2] Group 2: Key Tasks of the Action Plan - Attract and cultivate financial technology entities, including the establishment of research and service centers, and encouraging cross-border payment services in Shenzhen [3] - Support original technology research, particularly in AI applications within finance, and establish cross-border financial technology laboratories [3] - Promote efficient development through collaboration in financing channels and sustainable offshore RMB bond issuance [3] - Accelerate the creation of unique application scenarios, leveraging Hong Kong's digital RMB pilot advantages [3] - Continuously optimize the regulatory environment for innovation, enhancing cross-border cooperation in financial technology [3] - Foster an industry development ecosystem through talent events and participation in financial technology standard-setting [3] Group 3: Gold Industry Collaboration - The memorandum signed between the two regions aims to build a deeply integrated regional gold ecosystem by leveraging their respective strengths [5] - Future initiatives include enhancing gold storage and logistics networks, and promoting financial technology in the gold industry [5] - This collaboration aligns with Hong Kong's vision of becoming a regional gold reserve hub and capitalizes on Shenzhen's significant gold processing capabilities [5][6] Group 4: Financial Cooperation Achievements - Since the establishment of the Shenzhen-Hong Kong Financial Cooperation Committee in June 2024, there has been significant progress in market connectivity, with cumulative trading volume reaching 125 trillion yuan [6] - The implementation of the "Cross-Border Wealth Management Connect 2.0" has seen Shenzhen's business account for nearly 50% of the Greater Bay Area's activities [6] - The release of the "Action Plan" and the memorandum reflects a strategic choice to enhance financial cooperation through dual-driven initiatives in financial technology and the gold industry [6]
国际金融市场早知道:11月20日
Sou Hu Cai Jing· 2025-11-19 23:55
Group 1: Financial Technology Collaboration - Hong Kong's Financial Services and the Treasury Bureau and Shenzhen's Local Financial Supervision Bureau jointly released an action plan for building a global financial technology center from 2025 to 2027, focusing on six key areas for collaboration to create a competitive fintech ecosystem [1] - The Hong Kong Monetary Authority's Vice President revealed that the "Swap Connect" will expand the list of dealers and optimize liquidity management tools, while the Securities and Futures Commission's Executive Director indicated that the Southbound "Swap Connect" is in the discussion stage to better serve international investor needs [1] Group 2: U.S. Federal Reserve Insights - Federal Reserve Governor Milan advocates for prioritizing adjustments to Wall Street's regulatory framework to ease the burden on financial institutions, paving the way for future asset balance sheet reductions, and expressed hope to end quantitative tightening in October [2] - The Federal Reserve's October FOMC meeting minutes showed significant divisions among decision-makers regarding interest rate cuts, but there was a general consensus to pause rate hikes for the year, with nearly all members agreeing to immediately end quantitative tightening [1][2] Group 3: Economic Data and Market Reactions - The U.S. Commerce Department reported that the trade deficit in August plummeted by 24% to $59.6 billion, with the goods deficit shrinking to $83.7 billion, the smallest since the end of 2023, driven by a 5.1% decline in imports and a slight rebound in exports [2] - Japan's government plans to introduce an economic stimulus package exceeding 20 trillion yen, along with a supplementary budget of about 17 trillion yen, to address slowing growth and inflation pressures [2] Group 4: Market Performance - The Dow Jones Industrial Average rose by 0.1% to 46,138.77 points, the S&P 500 increased by 0.38% to 6,642.16 points, and the Nasdaq Composite climbed by 0.59% to 22,564.23 points [3] - COMEX gold futures increased by 0.29% to $4,078.30 per ounce, while COMEX silver futures rose by 1.08% to $51.07 per ounce [4] - U.S. crude oil futures fell by 2.08% to $59.41 per barrel, and Brent crude oil futures decreased by 1.88% to $63.67 per barrel [5]
Clip Money Inc. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-19 23:20
Core Insights - Clip Money Inc. reported a significant revenue growth of 175% year-over-year for Q3 2025, reaching $1,435,501 compared to $521,316 in Q3 2024, while costs of revenue increased by only 55% during the same period, indicating strong operating leverage [1][5][6] Financial Performance - Q3 2025 core revenue (excluding non-recurring revenue) increased by 26% quarter-over-quarter compared to Q2 2025, driven by new sales growth and existing customer penetration [5] - Cost of revenue for Q3 2025 was $1,301,817, reflecting a 55% year-over-year increase, significantly lower than the revenue growth rate [5] - Operating expenses for Q3 2025 were $1,987,589, a 24% increase year-over-year, with a 16% increase quarter-over-quarter, primarily due to higher operating expense accruals [5] - Comprehensive loss for Q3 2025 was $2,764,599, a 19% increase year-over-year, largely attributed to a non-cash change in the fair value of derivative liabilities [5] Network and Customer Growth - Clip Money expanded its U.S. business deposit network, becoming the largest non-bank network for business cash deposits in the U.S. with over 8,100 deposit locations [5][6] - The company added 1,110 new user locations in Q3 2025, including approximately 780 locations from Claire's, a nationwide retailer [5][6] - ClipChange recorded a 19% order growth in Q3 2025 compared to Q2 2025, enhancing the company's cash management strategy [6] Business Model and Strategy - Clip Money operates a multi-bank self-service deposit system, allowing businesses to deposit cash at various retail locations, which are credited to their bank accounts typically within one business day [11] - The company combines functional hardware, a mobile app, and a cloud-based transaction engine to maximize business-banking transactions, providing a cost-effective solution for business banking deposits [11]
Clip Money Inc. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-19 23:20
Core Insights - Clip Money Inc. reported a significant revenue growth of 175% in Q3 2025 compared to Q3 2024, with total revenue reaching $1,435,501 [5][6] - The company maintained high operating leverage, as the cost of revenues increased by only 55% during the same period [5][6] - Comprehensive loss for Q3 2025 was $2,764,599, reflecting a 19% increase YoY, primarily due to a non-cash change in the fair value of derivative liabilities [5][6] Financial Performance - Q3 2025 revenue was $1,435,501, up from $521,316 in Q3 2024, indicating a 175% YoY growth [5] - Core revenue (excluding non-recurring revenue) increased by 26% QoQ compared to Q2 2025 [5] - Cost of revenue for Q3 2025 was $1,301,817, up 55% YoY, significantly lower than revenue growth [5] - Operating expenses rose to $1,987,589 in Q3 2025, a 24% increase YoY, but were 16% higher QoQ due to accruals [5][6] Network and Customer Growth - The company expanded its U.S. business deposit network, becoming the largest non-bank network for business cash deposits in the U.S. with over 8,100 deposit locations [5][6] - Organic growth added 1,110 new user locations in Q3 2025, driven by new retail brands and existing customer expansion [5][6] - Claire's, a fashion retailer, joined the Clip network with approximately 780 locations utilizing all three deposit channels [5][6] Product Development - Revenue from new products, including change orders, accounted for 12% of total revenue in Q3 2025, up from 8% in Q3 2024 [5] - ClipChange recorded a 19% order growth in Q3 2025 compared to Q2 2025, enhancing the cash management strategy for customers [6]