Japan Securities Clearing Corporation's scheme with State Street meets the US Treasury repo clearing mandate.
The reforms will benefit UK capital markets and increase capital flows.
The new entity will serve as the regulatory entry point to the EU.
The increase was driven by growing optimism among hedge funds, asset managers and sell-side execution desks.
MIAX Sapphire had volume of 65 million contracts in 2024 following its launch on 12 August.
36% of institutional allocators with oversight of hedge funds will commit new capital.
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.
Financial organizations are adopting cloud to reduce costs and accelerate their ability to tap new markets.
