Investors increasingly seek crypto exposure through exchange-listed wrappers.
Wegagen Bank is the first company listed, with expectations of 90 firms joining over the next decade.
MIAX Sapphire had volume of 65 million contracts in 2024 following its launch on 12 August.
The Spanish equity market achieved a 6% increase in trading volume and derivatives trading surged.
Academic research shows effects of fragmentation depend on the type of exchange competition.
AFX operates the credit-sensitive American interbank offered rate, AMERIBOR
Exchanges have reported record volumes for 2024 and demand is set to continue.
Interest rate derivatives recorded the highest growth in 2024.
Global FX also reported a record full year spot average daily notional volume.
