Magellan Asset Management, an investment management company, released the third quarter 2025 investor letter for “Magellan Global Fund”. A copy of the letter can be downloaded here. The fund focuses on outstanding companies at attractive prices and, at the same time, leverages a deep understanding of the macroeconomic landscape to manage risk. As measured by the MSCI World Index in USD, the global equities rose 7.3% in the September quarter. The portfolio underperformed the index in the quarter due strong p ...

Nasdaq has asked the Securities and Exchange Commission to approve trading sessions outside traditional market hours as it tries to capitalize on growing global demand for US stocks. Read more: https://t.co/OYQk8CTbGX📷️: Michael Nagle/Bloomberg https://t.co/gLDQMJkZzQ ...

【环球网财经综合报道】港交所集团行政总裁陈翊庭12月16日发布网志，全面总结了2025年港股市场的强劲表 现，并为港交所未来发展擘画了清晰的战略蓝图。她强调，在全球资本加速配置亚洲的浪潮下，港交所将把握历 史性机遇，致力于将香港打造成为连接中国与亚洲乃至全球的金融超级枢纽。 第二，持续提升科技与运营能力。 为确保市场高效、便捷，港交所将不断优化市场结构。即将展开的工作包 括：就改革港股市场结算周期展开咨询、落实无纸化市场措施、升级衍生品交易平台，并在运营中积极引入AI等 新兴技术，以巩固和提升市场竞争力。 第三，积极发展新兴业务。 港交所将大力拓展数据、指数、数字货币及资产代币化等前沿领域。陈翊庭表示， 这些新兴业务将成为支持核心业务、提升市场流动性的重要力量，为全球投资者投资亚洲资产提供更全面、便捷 的工具。 三大战略并举，迈向全球核心金融市场 面对亚洲经济持续增长所带来的巨大机遇，陈翊庭坚信，亚洲金融市场有潜力发展成为全球最大的资本市场。为 抓住这一机遇，她明确了港交所未来十年的三大核心战略： 第一，完善多元资产生态系统。 港交所将继续丰富产品矩阵，不仅围绕股票市场深化生态，还将大力发展衍生 品、固定收益 ...

US stock futures stalled on Tuesday, struggling to shake off a losing session as investors counted down to the delayed release of the November jobs report, seen as pivotal to the path of interest rates next year. Dow Jones Industrial Average futures (YM=F) hovered just below the flatline, while those tied to the S&P 500 (ES=F) shed 0.1%. Contracts on the tech-heavy Nasdaq (NQ=F) fell 0.2%, after the indexes kicked off the week with slight losses. Tech led Monday's losses, with AI jitters continuing to b ...

Binance API update hints at stock perpetual contracts as exchanges eye TradFi markets https://t.co/K1cqv4vC7c ...

CHICAGO, Dec. 10, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, will announce its financial results for the fourth quarter of 2025 before the market opens on Friday, February 6, 2026. A conference call with remarks by the company's senior management will begin at 7:30 a.m. CT (8:30 a.m. ET). A live audio webcast for the conference call and the presentation that will be referenced during the call will be available on the Investor ...

NEW YORK, Dec. 09, 2025 (GLOBE NEWSWIRE) -- At the end of the settlement date of November 28, 2025, short interest in 3,453 Nasdaq Global MarketSM securities totaled 14,879,370,342 shares compared with 14,632,128,542 shares in 3,414 Global Market issues reported for the prior settlement date of November 14, 2025. The November short interest represents 2.22 days compared with 2.16 days for the prior reporting period. Short interest in 1,698 securities on The Nasdaq Capital MarketSM totaled 3,311,934,829 shar ...

Summary of Intercontinental Exchange (ICE) Conference Call - December 09, 2025 Company Overview - **Company**: Intercontinental Exchange (NYSE: ICE) - **Industry**: Financial Services, Trading, Data, and Mortgage Services - **CEO**: Jeff Sprecher Key Points Market Structure and Tokenization - Tokenization is expected to significantly impact financial services, particularly in capital movement, allowing for 24/7/365 transactions [7][8][9] - Current legacy systems are resistant to change, which may hinder the adoption of tokenized money [7][8] - The trend towards a more dollar-denominated world is evident, with stablecoins like Tether gaining traction in various regions [10][11] Role of Market Operators - Traditional exchanges, like the New York Stock Exchange, will continue to play a crucial role in connecting buyers and sellers despite the rise of decentralized finance (DeFi) [16][17][18] - Legacy operators must adopt new technologies to remain relevant in a changing market landscape [18] Investment in Polymarket - ICE invested $2 billion in Polymarket, the largest non-sports prediction market, to gain insights into DeFi protocols and enhance technological capabilities [19][20] - The partnership aims to facilitate knowledge transfer and regulatory compliance in the U.S. [21][22] - Polymarket's model allows for rapid creation and dissemination of contracts, which contrasts with traditional exchange regulations [23][24] Energy Business Growth - ICE's energy business continues to grow, driven by the globalization of liquefied natural gas and increasing energy demand in Asia [34][35] - Open interest in European natural gas contracts has increased by 46% year-over-year, indicating robust market activity [36] Data Centers as Revenue Drivers - ICE is expanding its data center capacity, which serves high-frequency traders and brokerages, and is becoming a significant revenue source [37][38] - The company plans to build a second data center to meet growing demand for co-location services [40][41] Mortgage Business Dynamics - The mortgage segment is experiencing cyclical headwinds but is expected to rebound with lower rates and increased refinancing activity [46][48] - ICE is leveraging AI to enhance mortgage services, focusing on predicting home values and client creditworthiness [58][59] - The potential for tokenization in the mortgage space is acknowledged, but regulatory challenges remain significant [61] AI Implementation - ICE has established an AI Center of Excellence to improve operational efficiencies and streamline language-oriented tasks [66][67] - The use of AI is expected to slow expense growth rather than eliminate positions, reflecting a cautious approach to automation [68][70] M&A Opportunities - ICE is currently focused on share buybacks due to perceived stock undervaluation, but remains open to M&A opportunities if they align with strategic goals [74][75] Additional Insights - The conversation highlighted the importance of adapting to technological advancements while maintaining the core functions of traditional financial markets [18][24] - The integration of AI and data analytics is seen as a critical factor for future growth across various segments of ICE's business [66][68]

PresentationUnknown Analyst Great. Well, good morning, everyone. We'll get started with our next session. Next up, I would love to welcome Cboe, a leading derivatives and cash exchange. With us today are Craig Donohue, the firm's CEO; Jill Griebenow, Cboe's CFO; John Hocking (sic) [ Robert Hocking ]; Cboe's Global Head of Derivatives. 2025 was another really strong year for growth at Cboe underscored by the firm's proprietary SPX options complex, which grew over 20% again this year. The firm also recently a ...

SGX's bitcoin (BTC) and ether (ETH) perpetual futures have become increasingly popular since their debut two weeks ago, and that growth represents new liquidity rather than cash redirected from elsewhere, said Michael Syn, president of the SGX Group. The products, cryptocurrency derivatives that allow institutional traders to speculate on the price of an asset without an expiration date, saw nearly 2,000 lots traded on Nov. 24, representing about $32 million in notional value. That's crept up to $250 mill ...