Posts written by Sarah Rudolph

The CFTC barred Kalshi, a retail-focused futures market, from offering contracts speculating on which political parties would be in control of different chambers of the US Congress.

Deutsche Börse announced the final outcome for its public takeover of SimCorp, saying it now holds around 94 percent of all SimCorp shares (excluding SimCorp treasury shares). The offering is expected to be completed on September 29.

The World Federation of Exchanges (WFE) has named Loh Boon Chye, CEO of the Singapore Exchange, as chair and Jos Dijsselhof of SIX as vice chair following a unanimous vote at a general assembly.

Fredric J. Tomczyk, a Cboe board member, was appointed CEO of Cboe Global Markets on Tuesday, succeeding Ed Tilly, who resigned from the company following the conclusion of an investigation led by the board of directors.

Cboe announced that CEO Ed Tilly has resigned from the company following an investigation led by the board of directors. Cboe named board member Fredric Tomczyk as his successor.

Dan Smalley has been promoted to the position of global head of business development - derivatives at Broadridge.

Less than a year after retiring, Ray Dalio, the founder of Bridgewater Associates, is threatening to return, and has been talking about potentially starting a new fund within Bridgewater.  

Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday that gives her more control of the company. It is the biggest shake-up for Citigroup management in almost two decades, FT reports.  

The SEC sued Virtu Financial, one of the largest electronic trading firms in the U.S., alleging it misled customers about its protections against potential misuse of their confidential trading data.

Women in Financial Markets (WIFM) is the new name for the former Women in Derivatives (WIND), which on Sept. 6 announced a rebrand that includes a new logo and brand colors.

The London Stock Exchange appointed Charlie Walker as deputy chief executive officer. He was previously head of equity and fixed income primary markets at the exchange.  

Bolsas y Mercados Españoles (BME) received approval by the Spanish regulator for a new digital assets derivatives segment. Under the EU regulatory framework, BME Clearing can now clear Bitcoin and Ethereum futures denominated in US dollars.

The FIA, ISDA, and nine other trade associations published a joint statement calling for the EU to scrap its proposal to move clearing deals out of London under the European Market Infrastructure Regulation (EMIR 3.0).