Please see attached NZX Limited shareholder metrics for October 2024. Downloads NZX Shareholder Metrics - October 2024

Singapore Exchange (SGX Group) has been awarded the Exchange of the Year Award for the fifth time by Regulation Asia, a publisher of news on financial market and banking regulations.SGX Group was recognised for various achievements including strategic partnerships with ASEAN markets and India’s GIFT City. Multiple new asset classes have been added to SGX Group’s securities and derivatives markets while connectivity with other exchanges has been expanded. Regulation Asia also cited SGX Group’s use of AI-driven tools like the MaxxAI data analytics tool which exemplified a forward-looking approach to enhancing decision-making for OTC FX customers. SGX Group has also been proactive in promoting sustainability and climate-related reporting. “SGX Group’s achievements reflect a powerful commitment to advancing market integrity and operational resilience among market participants and listed companies,” Regulation Asia said in a statement on the award. “The Regulation Asia Exchange of the Year award recognises our unwavering commitment to innovation, sustainability, and market integrity and we are deeply honoured to receive it for the fifth time. Our dedicated team and our strategic partners across Asia have collectively fostered regional connectivity and enhanced the trading experience of participants. We will keep pushing the boundaries of excellence, ensuring that SGX Group remains a transformative force in the financial markets,” said Tan Boon Gin, CEO of Singapore Exchange Regulation.

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) plans to digitise and automate the in-kind creation and redemption process for relevant exchange-traded products (ETP) in 2025 through the adoption of a web-based platform, subject to technical readiness and regulatory approval. This platform will be integrated into the ETP creation and redemption process, connecting key ETP participants with the use of Distributed Ledger Technology (DLT) and smart contracts, and will help increase overall ETP market efficiency, supporting the continued growth of secondary market activity for ETPs. HKEX’s Head of Exchange Traded Products, Jean-Francois Mesnard-Sense, said: “Speed and efficiency are critical in an increasingly dynamic market environment. With ETP being one of our fastest-growing products, HKEX is pleased to introduce this new digital enhancement. It will not only streamline operations for our market participants, but also drive more liquidity in the product ecosystem, supporting the vibrancy of our ETP marketplace and strengthening Hong Kong’s role as an international financial centre.” This latest enhancement is part of the Group’s ongoing commitment to further elevate the attractiveness and competitiveness of its international ETP ecosystem, replacing several manual, paper-based processes currently present with a goal to simplify the creation and redemption procedures of ETPs and boost market activity. HKEX has continued to support the development of the ETP market in recent years with measures including the introduction of the ICSD ETF settlement model in Hong Kong in 2019, the implementation of a new spread table and a new continuous quoting market-making regime in 2020, as well as the inclusion of ETFs in Stock Connect in 2022. Since 2020, HKEX’s ETP business has grown 29 per cent a year, with average daily turnover reaching HK$17.9 billion in the first ten months of 2024, above the full-year ADT trading record set in 2023. As at the end of October 2024, there were 194 HKEX-listed ETPs and 26 issuers participating in Hong Kong’s ETP market.

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for October 2024 on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

The MIAX Options Exchange will stop disseminating the VSPIKES Index cash value (symbol: VSPKE) on the MIAX Product Feed (MPF) on Monday, November 11, 2024.For more information, please contact ProprietaryProducts@miaxglobal.com.

ISDA has been named Industry Association of the Year for the second year running by Regulation Asia at its seventh annual Awards for Excellence. The association also won Best Regulatory Reporting Solution for its Digital Regulatory Reporting (DRR) initiative. The Industry Association of the Year award recognizes trade groups that have shown outstanding leadership in supporting regulatory reform, addressing compliance challenges and promoting financial stability, including through the development of industry standards and best practices. The panel of judges highlighted several ISDA initiatives to respond to market and regulatory developments and improve industry efficiency, including the launch of the ISDA Close-out Framework to help firms prepare for potential terminations of collateralized derivatives contracts and continued regulatory engagement in China and India, including the publication of a paper that makes a series of market and policy recommendations to encourage the further development of India’s derivatives market. The judges also pointed to efforts to support banks in their implementation of Basel III and development of climate scenario analysis for the trading book. “ISDA’s continued leadership and regulatory advocacy, along with its commitment to creating innovative industry solutions to regulatory challenges, set a new benchmark for industry associations. Its focus on global regulatory alignment and standardization and its educational and professional development programs have been truly beneficial to the market,” said one judge on the Regulation Asia Awards panel. ISDA also won the Best Regulatory Reporting Solution award for the DRR, which uses the Common Domain Model (CDM) – an open-source data standard for financial products, trades and lifecycle events – to transform industry-agreed interpretations of regulatory reporting rules into machine-executable code. ISDA has extended the DRR to five additional jurisdictions this year, including Australia, Japan and Singapore, bringing lower costs and greater accuracy to the reporting process. In total, ISDA has pledged to support 11 reporting rule sets in nine major jurisdictions and to maintain the DRR as those rules evolve in future. “ISDA’s solution stands out for its forward-thinking design and ability to reduce the time, resources and cost needed to implement regulatory reporting requirements. Through automation and a commitment to high data standards, ISDA sets a new benchmark in regulatory compliance,” said a judge on the Regulation Asia Awards panel. In addition to these two awards, ISDA was also named Industry Association of the Year for the second consecutive year in the GlobalCapital Global Derivatives Awards 2024. “We’re really pleased that Regulation Asia has recognized ISDA’s work to make derivatives markets safer and more efficient with two awards. Over the past year, we’ve continued to focus on developing solutions to shared industry problems to increase efficiency and reduce risks and costs. ISDA’s DRR is one example, which will reduce implementation and maintenance costs and improve accuracy in reporting, so we’re very proud that this initiative has been recognized,” said Scott O’Malia, ISDA Chief Executive. Documents (1)for ISDA Wins Regulation Asia’s Industry Association of the Year and Best Regulatory Reporting Solution Awards  ISDA Wins Regulation Asia Industry Association of the Year and Best Regulatory Reporting Solution Awards(pdf)

Project Guardian is an international collaboration of industry and regulators, led by the Monetary Authority of Singapore, that explores the use of fund and asset tokenisation.  We welcome the first industry-led Project Guardian report on tokenisation in the asset management sector, delivered through Project Guardian’s asset and wealth management workstream. Read the report: Guardian Funds FrameworkLink is external  In the report, firms set out an ambitious, phased vision for the use of distributed ledger technology (DLT) in asset management.  The report also discusses potential industry and regulatory standards needed to: scale tokenisation use-cases enable firms and investors to benefit from the technology We will continue working with Project Guardian members and the sector to support the development and adoption of asset tokenisation.   In 2025, we are going to collaborate with the Monetary Authority Singapore (MAS) to explore the regulatory considerations for tokenisation within the asset and wealth management sector. Our review will consider: regulatory and supervisory principles that could apply to tokenisation use-cases to support consumers and the integrity of our markets any potential regulatory barriers to continuing maturity of tokenisation concepts Our work in Project Guardian We are a member of Project Guardian’s policymaker group and are taking part in the asset and wealth management workstream. Throughout 2024, the MAS, FCA and broader Guardian policymaker group have worked with Singapore, UK and international firms within the Guardian membership to develop the use-cases explored in this report, including at the Point Zero Forum in Zurich.   The FCA and the Treasury are also observers on the industry-led Technology Working Group of the government’s Asset Management Taskforce that is considering the implementation of fund tokenisation in the UK.   Read more about our work on tokenisation

The Tel-Aviv Stock Exchange (TASE: TASE) announced the launch of a new trading platform that facilitates the pre-arranged and protected execution of large-scale transactions on TASE, commenced November 3, 2024, having been approved by the Israel Securities Authority. The system, which uses a block order, will enable the execution of pre-arranged transactions on TASE in a manner that precludes a price impact and the leak of the information to other parties that could potentially interfere with their execution. By offering investors additional tools, TASE realizes its strategy of standing on par with leading international exchanges that employ various mechanisms for the execution of protected large-scale transactions in securities. At present, pre-arranged transactions can be executed in one of two ways: on TASE, in any of the securities traded thereon - a pre-arranged transaction that is susceptible to third-party interference, or as an off-exchange transactions (excluding derivatives) that is unsusceptible to third-party interference. When executing a matching transaction (on-exchange) - customers can coordinate on a bilateral basis the execution of a transaction on TASE and submit buy and sell orders through the order book. Matching orders executed constitute a matching transaction. TASE’s existing trading method, which grants preference based on price and timing, provides no assurance of the transaction being performed with the counterparty. The matching orders are not interference-proof and could be matched with the order of a third party.  In an off-exchange transaction - customers can coordinate a transaction on a bilateral basis and report the transaction to the TASE Clearing House, through the TASE members, as an off-exchange transaction in securities, excluding derivatives. About the Block Trade Facility As part of its ongoing efforts to upgrade the capital market and in response to the interest expressed by multiple market participants in protected pre-arranged transactions, TASE has developed a platform that enables, for the first time, the execution of such transactions, also on TASE. The BTF (Block Trade Facility) system, which uses a new Block order, has several characteristics: Protection - The transaction will be bilaterally coordinated between the counterparties and will be conducted between them without interference. Minimum order size - A liquid and deep order book is a top priority for TASE, and therefore a minimum order size is prescribed. The proposed minimum size is designed to ensure that only large-scale orders are submitted in the block facility, which would allow institutional to submit a large order without interference. Reference price - This parameter is based on market data, whereas the BTF Order Price Collar is determined as a percentage, effectively restricting selling and buying orders to its range. TASE believes that it is necessary to set a reference price and Price Collar for block trades to prevent their prices from drastically deviate from the current prices in the order book. For derivatives - TASE believes that, in line with global practices, it is not feasible to set a reference price and price collar for derivatives, as their prices are prone to significant fluctuations during the trading day, and since pre-arrange transactions in derivatives are already available, which do not include a reference price mechanism (in practice, these are non-protected block trades). Hidden - The order will not be presented in the order book. Dissemination - The transaction will be disseminated on TASE’s IT systems immediately upon its execution. The block trade facility offers multiple advantages for the execution of protected pre-arranged orders in all possible aspects, starting from no execution risk, eliminating the operational risk that arises from unprotected orders and exposes the parties to a partial execution of the transaction, through to regulatory advantages, as it eliminates the need for approval by the public institution’s extraordinary transactions committee, which is often required for off-exchange transactions.  The design of the block trade facility is intended to provide the institutional investors significant regulatory advantages over off-exchange transactions. In addition, the block trade facility reduces the credit risk involved in the execution of off-exchange transactions and enhances transparency, as the transactions are immediately published. The TASE Staff’s discussions with the market participants suggest further added values for the local capital market - The price of non-protection - In the absence of a protected block trade facility, brokers are required to price the risk by increasing the spreads, which raises the end-customer’s acquisition costs. Competition - The substantial risk involved in a matching transaction means that non-bank TASE members are unable to handle the exposure involved in a guaranteed price, which is required by foreign customers. This undermines their competitive standing with foreign customers and forces them to conduct such transactions off-exchange or to avoid them altogether. Compatibility with generally accepted global practices Many global exchanges address their customers’ need to execute large-scale transactions, while preventing price impact and information leaks. The leading exchanges have developed various mechanisms for conducting large-scale transactions in shares and/or derivatives that provide such protection to the customers. For instance, certain European exchanges define a minimum order size for RFQ or block platforms. The regulator in Europe has defined a LIS (Large in Scale) parameter that distinguishes between large-scale transactions and “standard” transactions, at the individual security level. The establishment of this parameter was motivated by the exemption of large-scale transactions from pre-trade transparency and their often-delayed publication. A position paper drawn up by the Stock Exchange of Hong Kong, which quotes applicable academic studies, suggests that block trades (upstairs markets) do not undermine the trading in the order book (downstairs market), but rather complement it. Trading data collected from various exchanges, such as Euronext, Toronto, ASX and NYSE, support a similar conclusion.   Block trade platforms are currently available in leading international exchanges - both for shares, such as in Euronext, the SIX in Switzerland, and Nasdaq Nordic, and for derivatives, such as the derivatives’ exchanges in the United States (CME), Australia (ASX) and Canada (TMX).

The Tel Aviv Stock Exchange (TASE: TASE) published for public comments a proposal to recognize hedge fund holdings as part of companies' free float calculations, aligning with international market practices. As part of the amendment, the holdings of a hedge fund which holds up to 15% of the share capital in a company and have no right to appoint a director or a representative in the company's board, will be recognized as free float holdings.   As of today, TASE guidelines’ does not recognize the holdings of hedge funds as free float holdings. Consequently, hedge fund that holds 5% or more of a company's share capital is considered an interested party, what could adversely affect the company and therefore prevented the hedge funds, in some cases from increasing their investments in the companies they believed in. A hedge fund that would like its holdings to be classified as free float holdings is required to declare, by December 1 of each year, that it complies with the definition of a hedge fund, as prescribed in the Regulations promulgated under the Joint Investments in Trust Law, and manages the funds of 20 investors minimum. The hedge funds, similar to institutional investors, manage monies on behalf of others and significantly contribute to the capital market. The proposed amendment is a significant step in the development of the Israeli capital market. The recognition of the hedge funds holdings as a free float will further enhance liquidity on the capital market, increase the free float holdings in companies for the purpose of inclusion in TASE indices, and enable the hedge funds to act more efficiently in the capital market.

Contract Volume   October 2024 Contracts October 2023 Contracts % Change 2024 YTD ADV 2023 YTD ADV % Change Equity Options 588,158,095 421,003,628 39.7% 25,085,397 22,422,247 11.9% ETF Options 431,237,700 460,183,935 -6.3% 18,307,560 17,966,962 1.9% Index Options 92,723,711 100,730,846 -7.9% 4,150,768 3,802,403 9.2% Total Options 1,112,119,506 981,918,409 13.3% 47,543,725 44,191,612 7.6% Futures 4,300,525 6,426,760 -33.1% 242,748 227,532 6.7% Total Volume 1,116,420,031 988,345,169 13.0% 47,786,473 44,419,144 7.6%   Securities Lending   October 2024 Avg. Daily Loan Value October 2023 Avg. Daily Loan Value % Change October 2024 Total Transactions October 2023 Total Transactions % Change Market Loan + Hedge Total 174,739,639,809 147,686,506,048 18.3%  277,919  221,451 25.5%   Additional Data Market share volume by exchange Open interest Historical volume statistics

Plato Partnership has announced new standards for managing cash equities market outages, developed by Plato member firms with discussions with major European exchanges including Deutsche Börse, Euronext, SIX Swiss Exchange, and Nasdaq OMX.  While not all standards have been agreed by all exchanges, where standards have been agreed exchanges will amend their market outage policies and/or playbooks in the coming weeks. The standards, developed by a Plato working group of buy- and sell-side market participants, aim to enhance the resilience, consistency and transparency of market operations during outages. They were developed in close collaboration with the Financial Conduct Authority’s (FCA) working group on market outages, who are developing standards for UK trading venues, ensuring consistency across both UK and European trading venues for market participants. Click here for full details.

Global Fintech leader, Broadridge Financial Solutions, Inc., (NYSE: BR), today announced the appointment of David Fellah as Vice President of AI Trading Solutions at Broadridge, effective October 16, 2024. Fellah will be based in New York City, NY and will report into Roger Burkhardt, Enterprise Head of AI and Data and CTO of Capital Markets at Broadridge. In this newly created role, Fellah will be instrumental in leveraging data, AI, and analytics to deliver solutions that enable clients to improve trading strategies and reduce costs. With nearly thirty years of expertise at the cutting edge of trading technology, quantitative research, and advanced analytics, Fellah brings significant leadership experience from roles at Instinet, LLC (Nomura), ITG, and J.P. Morgan. "David brings a holistic understanding of the financial and technological considerations that front-office traders face," said Roger Burkhardt, Enterprise Head of AI and Data and CTO of Capital Markets at Broadridge. "His experience and success underscore our commitment to investing in AI-powered innovations that deliver meaningful and differential value to global markets." "I'm thrilled to join Broadridge, a trusted leader in global trading technology, and am eager to apply my industry experience to develop leading, multi-asset trading solutions that equip our clients with the agility to grow," said David Fellah, Vice President of AI Trading Solutions at Broadridge.  This appointment further builds on Broadridge’s investment in bringing to market live AI-powered innovations such as BondGPT, which assists users in identifying corporate bonds and answers complex bond-related queries; OpsGPT, a Gen-AI-powered co-pilot that uses transaction, settlement, and position data to provide clients real-time visibility for faster fail resolution; and the recent launch of Tradeverse—a real-time, multi-asset, unified global data platform foundational to delivering the value of data and AI to clients.

The Global Legal Entity Identifier Foundation (GLEIF) and Finbridge Global have announced a new collaboration to enable financial institutions and investors to streamline the identity verification of fintech providers—facilitating partnerships across the global financial services ecosystem. Finbridge Global is a global platform that enables financial institutions and investors to search, compare, and assess fintech companies from across the world at the product level, reducing the due diligence process. The collaboration will see Finbridge Global introduce the Legal Entity Identifier (LEI) to verify the identity of listed fintech providers on the platform, promoting increased transparency, security, and accountability. In addition, Finbridge Global will provide and manage LEIs for fintechs on its platform through its partnership with LEI Worldwide. An LEI is a unique ISO-standardized 20-character code assigned to a legal entity. Each LEI links to a verified company identity record held in the Global LEI Index, an open, globally recognized data bank that is free for all to access. This enables anyone to verify that an organization is indeed who it claims to be. To date, over 2.7 million LEIs have been issued globally. Use of the LEI will deliver benefits for all participants across the rapidly-scaling Finbridge Global ecosystem. Fintech providers benefit from a globally recognized and trusted verified identity to demonstrate their commitment to transparency and enhance their credibility, enabling them to connect to the wider marketplace more quickly and efficiently. For financial institutions and investors, the LEI streamlines due diligence and procurement processes by enabling the unambiguous digital identification of potential fintech partners or prospects. LEI data can also be used to map corporate structures and relationships, enabling better understanding of the interconnections between legal entities, allowing the broader risks posed by organizations operating internationally to be more accurately assessed. Alexandre Kech, CEO, GLEIF, comments: "While the dynamism of the global fintech sector is helping to transform the delivery of financial services, many potential partnerships are inhibited as financial institutions and investors lack the information needed to meet stringent due diligence requirements. Integrating the LEI into the Finbridge Global platform addresses this challenge by setting a new standard of trust that accelerates and enhances KYC and KYB processes—promoting faster onboarding and enabling financial institutions and investors to operate with confidence. This is a catalyst for broader fintech adoption worldwide, ensuring all organizations can seize new opportunities while safeguarding their reputations and credibility." Barbara Gottardi, CEO and founder, Finbridge Global, comments: "We're excited to collaborate with GLEIF to address the growing challenges of identity verification and fraud in the financial industry and beyond. By embedding LEIs into our platform, we offer financial institutions and investors a frictionless and instant means of verifying that fintech companies are who they say they are, while preserving data privacy and confidentiality. This is a pivotal step toward creating a unified, globally recognized identity management system that speeds up the establishment of new partnerships, while elevating industry standards.”

Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, has just won two awards in the Regulation Asia Awards for Excellence 2024 in Singapore. The firm's Validus platform was named Best Market & Trade Surveillance Solution in the Markets & Infrastructure category, as well as Best Digital Asset Surveillance Solution in the Digital Assets category. Eventus received the honors amid continued client growth in the region, resulting in the recent appointment of Naveen Wahi to lead sales for the Asia-Pacific (APAC) region as Senior Director of Sales, APAC. To date, Eventus has now earned five recognitions in the Regulation Asia Awards, and this is the first year the company was honored in two different categories. The firm has received 12 awards since 2021 for its work in the Asia-Pacific (APAC) region and 44 awards and honors globally since 2018. Eventus CEO Travis Schwab said: "We've seen a lot of momentum across the APAC region, both in the traditional finance and digital asset landscape. Market participants and exchanges across the region are navigating multiple regulatory jurisdictions and evolving rules, and they're looking for a partner that can help them tailor a surveillance program to their unique needs. We're honored to earn these recognitions from Regulation Asia and look forward to broadening our reach in the region with Naveen's help." Based in Sydney, Wahi has more than 23 years of experience in sales management, strategic client account management, leadership and electronic trading within the APAC region across multiple asset classes, including futures, equities, foreign exchange (FX), derivatives and cryptocurrencies. He spent his career at Bloomberg in multiple roles of increasing significance, most recently as Electronic Trading Specialist at Bloomberg LP in Sydney since 2019 and prior to that from 2007 to 2018 as Head of Business – Bloomberg Tradebook, Australia and New Zealand and from 2014 to 2018 as Head of Business - Bloomberg Tradebook, Hong Kong region. From 2007 to 2023, he served as Director – Australia and New Zealand for Bloomberg Tradebook. Wahi said: "Eventus is at the forefront of providing best-in-class trade surveillance and market monitoring tools and is highly valued by clients both for the technology and expertise. I'm looking forward to the opportunity to build on the client base in the region and take the business to the next level." Over the past year, 50% of Eventus' new clients signed globally have a presence or market activity in APAC, and the firm now has 27 active clients in the region, spanning multiple asset classes. This year, 116 institutions participated in the research-based Regulation Asia awards program, representing a 20% increase over last year. The program is anchored by Regulation Asia's editorial team and a panel of subject matter experts. 

Boerse Stuttgart is the German exchange of Boerse Stuttgart Group. The European group also operates exchanges in Sweden and Switzerland. Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 8,9 billion in October, around 11 percent more than in the same month of the previous year. Structured securities made up the largest share of the turnover. The trading volume in this asset class was around EUR 3,5 billion – an increase of around 4 percent compared to the same month of the previous year. Leverage products generated turnover of around EUR 2,7 billion. Investment products contributed around EUR 840 million to the total turnover. According to the order book, trading in equities produced turnover of around EUR 1,7 billion, around 62 percent more than in the same month of the previous year. German equities contributed around EUR 944 million towards this total. International equities generated turnover of around EUR 733 million. The monthly total for trading in debt instruments (bonds) was around EUR 1,5 billion in October. Around EUR 735 million of turnover was attributable to corporate bonds. Turnover shown in the order book from exchange-traded products (ETPs) was around EUR 2,1 billion, around 34 percent more than in the same month of the previous year. The turnover from investment fund units in October was around EUR 137 million. Stuttgart stock exchange trading volume October 2024

SIX publishes the monthly key figures for SIX Swiss Exchange and BME Exchange about the trading and listing activity in Switzerland and Spain Combined Figures SIX & BME October MoM change YoY change YTD YTD change Turnover* in CHF million 131,469 0.7% 5.1% 1,345,338 6.8% Turnover* in EUR million 139,501 0.8% 7.1% 1,427,538 8.8% Transactions* 6,448,849 6.9% -1.5% 65,557,183 14.0% SMI® 11,792.9 -3.1% 13.5% n.a. 5.9% IBEX35® 11,672.6 -1.7% 29.4% n.a. 15.5% *includes all respective trading segments for SIX Swiss Exchange and BME Exchange except Financial Derivatives; exchange rate provided by the SIX currency converter, For indices, “YTD Change” refers to the change since beginning of the year, BME Turnover in Equities up 19.1% from the previous month The number of Fixed Income transactions increased by 17.6% compared to September Number of IBEX 35 ® Options contracts up 106.6% in the month BME (turnover in EUR million) October MoM change YoY change YTD YTD change   Turnover Equities 26,646 19.1% 0.1% 266.654 5.1%   Turnover Fixed Income 12,3678 5.9% -16.7% 90.700,40 -44.4%   Turnover ETFs 72 -5.4% -40.2% 843 -22.7%   Turnover Securitized Derivatives 31 6% -7.20% 250 -23.4%   Turnover total 39,117 14.5% -6% 358.447 -14.3%                 Transactions Equities 2,356,570 15.5% -6.7% 25.199.733 7.2%   Transactions Fixed Income 2,283 17.6% -13.7% 19.589,00 -28.3%   Transactions ETFs 4,941 -16.6% -37.3% 53.556 -26.8%   Trans, Securitized Derivatives 4,142 -0.2% -13.0% 38.409 -18.2%   Transactions total 2,367,936 15.40% -6.80% 25.311.287 7.0%                 Nº Product Listed Fixed Income 341 -17.8% -42.4% 3.322 -35.6%   Capital listed via Fixed Income 27,731 -18.1% -14.3% 305.190,6 -14.1%   Nº Prod, Listed Secur, Derivatives 1,312 0.0% 0.0% 6.319,0 -1.6%   BME Financial Derivatives Traded contracts October MoM change YoY change YTD YTD change Turnover (Mill Eur) IBEX 35® Future 424 16.6% -3.5% 3,734 -3.2% 50,161 Mini  IBEX 35®  Future 46 8.6% -29.0% 518 -1.6% 546 IBEX 35® Options 76 106.6% 104.5% 591 37.4% 893 Stock Futures 41 -95.7% -2.7% 8,129 -20.0% 33 Stock Options 862 -33.4% -35.7% 8,946 -12.8% 809 Power Derivatives (MW) 217 -30.2% -35.5% 5,276 42.7% 15                           Index October MoM change YTD change IBEX 35® 11,672.6 -1.7% 15.5% IBEX® Medium Cap 14,812.6 0.5% 9.3% IBEX® Small Cap 8,112.0 -2.9% 2.1% IBEX® Growth 15 1,515.5 -0.9% -16.1% Vibex® 14.8 16.0% 18.8% SIX Trading turnover of CHF 94,604 million (+17.4% YTD Change) 4,080,913 transactions (+4.7% YTD Change) SMI index at 11,792.9 points at the end of the month (+5.9% YTD Change) SIX (turnover in CHF million) October MoM change YoY change YTD YTD change Turnover Equities** 65,883 -7.3% -2.0% 663,113 -2.3% Turnover Fixed Income 20,139 0.3% 64.1% 272,239 119.4% Turnover ETFs 7,927 12.3% 48.2% 64,898 33.2% Turn, Securitized Derivatives 655 7.8% 13.9% 7,282 8.3% Turnover total 94,604 -4.2% 10.7% 1,007,531 17.4%             Transactions Equities** 3,765,522 1.3% -0.5% 37,533,081 3.4% Transactions Fixed Income 35,196 8.9% -4.5% 350,839 -3.7% Transactions ETFs 242,804 23.3% 56.9% 1,988,387 39.2% Trans. Secur. Derivatives 37,391 15.0% 16.8% 373,589 13.1% Transactions total 4,080,913 2.6% 1.8% 40,245,896 4.7%             Nº Product Listed Fixed Income 45 -27.4% 32.3% 402 7.8% Capital Raised via Fixed Income* 7,592 -45.5% -5.6% 95,282 -2.5% Nº Product Listed Secur. Derivatives 8,124 -8.1% -12.1% 91,783 7.6%   * million CHF** incl. Funds + ETPs     Index October MoM change YTD change SMI® PR 11,792.9 -3.1% 5.9% SLI Swiss Leader Index® PR 1,927.3 -3.3% 8.5% SMIM® PR 2,632.2 -3.5% 2.6% SPI® TR 15,711.6 -3.3% 7.8% SPI EXTRA® TR 5,205.7 -4.0% 4.9% SXI LIFE SCIENCES® TR 7,152.9 -2.6% 16.8% SXI Bio+Medtech® TR 4,592.4 -4.3% 0.6% SBI® AAA-BBB Total Return 136.8 0.0% 4.0%

Record October ADV for interest rate, energy, metals and agricultural products Record October ADV across U.S. Treasury and SOFR complexes All-time record monthly ADV in U.S. Treasury options and energy options CME Group, the world's leading derivatives marketplace, today reported its October 2024 market statistics, with average daily volume (ADV) reaching 24.3 million contracts, the second-highest October volume ever. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume. October 2024 ADV across asset classes includes: Record October Interest Rate ADV of 12.5 million contracts Equity Index ADV of 5.9 million contracts Record October Energy ADV of 2.7 million contracts Record October Agricultural ADV of 1.8 million contracts Foreign Exchange ADV of 792,000 contracts Record October Metals ADV of 647,000 contracts Additional October 2024 product highlights compared to October 2023 includes: Interest Rate ADV increased 6% Record October U.S. Treasury futures ADV of 5.5 million contracts Record October SOFR futures and options ADV of 5 million contracts Record October Interest Rate options ADV of 3.1 million contracts All-time record monthly U.S. Treasury options ADV of 1.5 million contracts Energy ADV increased 16% All-time record monthly Energy options ADV of 528,000 contracts Henry Hub Natural Gas futures ADV increased 22% to 562,000 contracts WTI Crude Oil options ADV increased 45% to 282,000 contracts Agricultural ADV increased 23% Record October Agricultural options ADV of 372,000 contracts Corn futures ADV increased 61% to 412,000 contracts Soybean options ADV increased 67% to 120,000 contracts Metals ADV increased 7% Record October Metals options ADV of 115,000 contracts International ADV of 7.2 million contracts, with  EMEA ADV of 5.4 million contracts, Asia ADV of 1.5 million contracts and Latin America ADV of 135,000 contracts Micro Products ADV Record Micro Bitcoin options of 1,100 contracts Micro Gold futures ADV increased 67% to 110,000 contracts Micro Bitcoin futures increased 332% to 50,000 contracts Micro Ether futures increased 212% to 33,000 contracts Micro E-mini Equity Index futures and options ADV of 2.3 million contracts represented 38.8% of overall Equity Index ADV and Micro WTI Crude Oil futures accounted for 3.8% of overall Energy ADV BrokerTec U.S. Repo average daily notional value (ADNV) increased 11% to $316.7 billion, European Repo ADNV increased 1% to €299.7 billion and U.S. Treasury ADNV increased 1% to $112.8 billion EBS Spot FX ADNV increased 15% to $58.3 billion and FX Link ADV increased 193% to 54,000 contracts ($5 billion notional) Customer average collateral balances to meet performance bond requirements for rolling 3-months ending September 2024 were $72.3 billion for cash collateral and $165.4 billion for non-cash collateral

Michel will focus on the next phase of growth for RepoClear, overseeing clearing for both the euro and sterling repo market In that capacity, he will report to Corentine Poilvet-Clédière, CEO, LCH SA, and Isabelle Girolami, CEO, LCH Ltd. and join their respective leadership teams LCH today announces that Michel Semaan has joined as the new Global Head of RepoClear. Michel will lead RepoClear in the next phase of growth across Europe and the UK, focusing on the expansion of its clearing membership and the development of RepoClear’s Sponsored and Guaranteed Sponsored Clearing models. Michel will report to Corentine Poilvet-Clédière, CEO, LCH SA, and Isabelle Girolami, CEO, LCH Ltd. and he will join their respective leadership teams. Michel brings with him over 25 years’ experience in repo markets and a wealth of expertise in trading and global financial markets in the areas of secured and unsecured funding. He is a highly experienced leader of trading teams and businesses, with extensive experience of building and diversifying revenue streams. Most recently, Michel served as the Global Head of Securities Financing at BBVA.  Daniel Maguire, Group Head of LSEG’s Markets division and CEO, LCH Group, said: “We are delighted to welcome Michel to LCH SA and Ltd. to lead the RepoClear service globally. Access to cleared repo has proven critical over the last few years with an increasing number of market participants looking to RepoClear to optimise their resource efficiency, improve their risk management practices, and reduce their costs. Michel’s experience will be invaluable as we look to focus on delivering new services across RepoClear and diversifying our membership over the years to come.” RepoClear has continued to see impressive growth across both clearing services. A new record was reached in Q3 2024 with €80 trillion nominal cleared across euro debt and gilts, up 3.1% vs Q2 2024. The service is also seeing impressive growth in cash trades, with €4.2 trillion cleared in Q3, up 8% vs Q2 2024. This growth is driven by the participation of over 150 clearing members representing four continents, resulting in over €300 trillion in nominal cleared in 2023, a 44% increase since 2020. RepoClear at LCH SA is a France registered cash bond, repo trade and €GCPlus triparty basket repo clearing service. Members can clear cash bond and repo transactions across 13 euro debt markets, and additional markets through our €GCPlus triparty basket repo. RepoClear at LCH Ltd. is a UK-registered cash bond and repo trade clearing service. Members can clear UK government bond (gilt) cash and repo transactions, as well as gilt General Collateral repo through our cleared DBV product, Term £GC.  Learn more about LCH's services here.  

The Monetary Authority of Singapore (MAS) today announced plans to advance tokenisation in financial services. These include:  forming commercial networks to deepen liquidity of tokenised assets;  developing an ecosystem of market infrastructures;  fostering industry frameworks for tokenised asset implementation; and  enabling access to common settlement facility for tokenised assets. Deepening liquidity of tokenised assets through formation of commercial networks 2 MAS has, under Project Guardian, convened over 40 financial institutions, industry associations and international policymakers[1] across seven jurisdictions to carry out industry trials on the use of asset tokenisation in capital markets. To-date, more than 15 industry trials have been conducted in six currencies across multiple financial products[2]. 3 As Project Guardian participants commercialise their products and services following successful industry trials, MAS is facilitating commercialisation to take place in a coordinated, networked manner.  By connecting a broader set of participants’ products and services across multiple currencies and assets, greater improvements in capital raising, secondary trading, asset servicing and settlement of tokenised assets may be realised. This will deepen liquidity across primary and secondary markets for tokenised asset transactions. To this end, Citi, HSBC, Schroders, Standard Chartered and UOB have formed the Guardian Wholesale Network industry group, with the intent of establishing a multi-member network to commercialise their respective asset tokenisation trials and scale usage.Developing ecosystem of market infrastructures to facilitate seamless cross border transactions4 MAS launched the Global Layer One (GL1)  initiative in 2023 to foster the development of foundational digital infrastructures[3], upon which commercial networks could be deployed.  Since the launch, a core group of global banks, BNY, Citi, J.P. Morgan, MUFG and Societe Generale-FORGE have been leading efforts to define the business, governance, risk, legal and technology requirements of the GL1 Platform. 5 To build on this, GL1 is expanding its scope to support the development of an ecosystem of compatible market infrastructures, enabling tokenised assets to be traded seamlessly across borders. Specifically, GL1 will undertake the following additional activities: Control Principles – Alignment on governance, risk management controls[4] and settlement arrangement conventions for cross border transactions. This provides clarity on roles, responsibilities and controls needed to safeguard market integrity and financial stability. Specifications – Development of specifications for market infrastructures and asset lifecycle[5]. This encourages interoperability between diverse systems. Compliance by Design – Creation and provision of templates including programmable compliance[6] checks to build an ecosystem of compatible service providers. This accelerates onboarding for new participants. 6 To support these developments, MAS is pleased to announce the addition of new industry participants, including Euroclear and HSBC. GL1 will also set-up a new market infrastructure working group, comprising global financial market infrastructure providers, that will focus on digital asset securities control principles.Industry Frameworks for Implementation of Tokenisation7 To facilitate broad based acceptance and implementation of tokenised assets by financial institutions, two industry frameworks developed by Project Guardian industry group[7] members were published today.  Guardian Fixed Income Framework (GFIF)   – GFIF integrates the International Capital Market Association’s Bond Data Taxonomy, Capital Markets and Technology Association’s Token Standards, and the Global Financial Markets Association’s Design Principles for Tokenised Securities. This provides an industry guide to implementing tokenisation in Debt Capital Markets, strengthen industry capabilities and catalyse adoption of tokenised fixed income solutions.  Guardian Funds Framework (GFF)   – GFF provides a set of recommendations for industry best practices for tokenised funds. This includes the Guardian Composable Token Taxonomy to facilitate development of tokenised investment vehicles comprising multiple assets, simplifying the process of incorporating new tokenised funds, and help achieve efficiencies in fund settlement.  Access to Common Settlement Facility for Tokenised Assets8 Common settlement assets are instruments which are mutually agreed upon by transacting parties to execute financial transactions. To promote confidence in the settlement of tokenised assets in financial markets, regulated and credible forms of tokenised money are needed as common settlement assets, thereby reducing settlement risk and market fragmentation. MAS is therefore facilitating financial institutions’ access to common settlement assets including S$ wholesale CBDC for market testing purposes. The initial test network (SGD Testnet) will offer three key features:   Settlement facility – Issuance, transfer and redemption of S$ wholesale central bank digital currency (CBDC), with potential extensions to other forms of central bank and commercial bank liabilities. Programmability – Automated and conditional triggers for tokenised transactions, including the use of Purpose Bound Money  . Interoperability – Facilitate linkages with existing financial market infrastructures. 9 The SGD Testnet would be made available to eligible financial institutions[8] in Project Guardian and Project Orchid, enabling financial institutions to settle transactions with S$ wholesale CBDC. The first set of participating financial institutions includes DBS, OCBC, Standard Chartered and UOB. Participating use cases include payments and securities settlement. 10 Mr Leong Sing Chiong, Deputy Managing Director (Markets and Development) of MAS, “MAS has seen strong interest in asset tokenisation in recent years, notably in fixed income, FX, and asset management. We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenised capital markets products, and scale tokenised markets on an industry wide basis.” *** [1] These include the additions of ANZ, CMTA, Deutsche Bundesbank, Fidelity, Northern Trust, Swift, and World Bank. See Annex A for the full list of financial institutions, policymakers and industry associations. [2] The financial products include funds, structured products, fixed income, and foreign exchange. The currencies include USD, EUR, JPY, CHF, SGD, AUD. [3] This refers to shared ledger infrastructure that financial institutions can deploy tokenised assets and applications such as issuances, distribution, trading and settlement, custody, asset servicing and payments. [4] GL1 will partner market operators to expand on Digital Asset Securities Control Principles (DASCP) , which identifies potential risks, and provide recommendations for controls to mitigate these risks. [5] GL1 will incorporate industry frameworks and specifications including Societe Generale-FORGE’s CAST. [6] Programmable compliance, as tested in Project Mandala refers to the ability for policy and regulatory requirements to be programmed beforehand and enforced automatically in real time. MAS will be working with BIS to incorporate the compliance by design approach into the GL1 architecture. [7] See Annex A for the full list of financial institutions under Project Guardian’s industry groups. [8] Eligible financial institutions are direct participants of MAS’ Real Time Gross Settlement system.   Resources Annex A List of Participants in Project Guardian Industry Group  (159.6 KB)

Malaysian public listed companies (PLCs) showed progress in the adoption of the Malaysian Code on Corporate Governance (MCCG), according to the Securities Commission Malaysia’s (SC) Corporate Governance Monitor (CG Monitor) 2024. The CG Monitor, released today, measures the adoption of the MCCG best practices, based on Corporate Governance reports issued by PLCs for financial years ending 2022 and 2023.   Encouragingly, 30 out of the 48 best practices recorded adoption levels of above 90%, highlighting the commitment of many PLCs to sound corporate governance. The 2024 report, however, underscores three critical areas that require further improvement: refreshing board composition, enhancing shareholder participation through physical/hybrid AGMs, and deeper integration of sustainability governance practices. The SC Chairman Dato’ Mohammad Faiz Azmi emphasised the importance of corporate governance in driving resilient markets. “Corporate Governance must evolve to meet new challenges and drive long-term resilience. Companies should align their governance with strategic priorities by integrating sustainability, enhancing stakeholder engagement, and renewing leadership to stay agile.”  “As Malaysia strives towards a more inclusive and sustainable economy, the SC will continue to support companies in adopting practices that deliver long-term value for both businesses and the wider community,” he said. The report showed that only 18% of PLCs have adopted the nine-year tenure limit for Independent Non-Executive Directors, highlighting the need for more proactive measures in refreshing board composition.   The retention of long-serving directors for up to 12 years through the two-tier voting process remains prevalent. PLCs are encouraged to leverage the resources from the Institute of Corporate Directors Malaysia (ICDM), whose Directors Registry now lists 1,007 board-ready individuals. This offers PLCs a valuable pool of qualified candidates with fresh perspectives, ensuring boards remain dynamic and capable of addressing evolving governance challenges. The CG Monitor 2024 also found that over 50% of PLCs continued to conduct virtual or hybrid AGMs this year.   However, as announced by the SC in August[1], all PLCs must conduct physical or hybrid general meetings starting 1 March 2025. This shift is expected to enhance shareholder engagement, enabling more meaningful participation and interaction at AGMs. Notably, sustainability governance has seen a significant uplift, with more than 96% of PLCs now adopting practices that focus on board and management oversight of sustainability issues. These include clearer communication of sustainability strategies and targets, and ensuring boards remain informed about relevant sustainability developments.   There remain areas for improvement, such as incorporating sustainability into performance evaluations of boards and senior management and appointing a dedicated person to manage sustainability efforts strategically.   The recently launched National Sustainability Reporting Framework (NSRF)[2] will further strengthen these practices, while the PACE initiative will provide resources such as policy guidance and capacity-building programmes to help PLCs meet sustainability reporting requirements effectively. This year’s CG Monitor also features insights from Professor Mak Yuen Teen on Malaysia’s improving corporate governance landscape, as well as from the Institute of Corporate Directors Malaysia on the importance of improving disclosure of board and senior management remuneration.   For more details and to download the CG Monitor 2024, visit https://www.sc.com.my/cgmonitor-2024.   [1] All PLCs Must Conduct Hybrid or Physical General Meetings From 1 March 2025 [2] National Sustainability Reporting Framework to Enhance Sustainability Disclosures