ASIC has reissued a regulatory guide to streamline guidance on financial reporting and audit relief and reflect changes to legislation. Regulatory Guide 43 Financial reporting and audit relief (RG 43) provides guidance to entities seeking relief from the financial reporting and audit requirements of the Corporations Act 2001 (Corporations Act). The changes: reflect legislative reforms since the guidance was last updated incorporate other relevant ASIC guidance, including Regulatory Guide 29 Financial reporting by Australian entities in dual listed company arrangements (RG 29), and simplify the existing guidance. As part of these changes, RG 29 has been withdrawn. Download CS 42 Proposed updates to guidance on financial reporting and audit relief in RG 43 Background ASIC’s reissue of RG 43 follows public consultation with industry and replaces the guidance issued in 2011. RG 43 provides guidance for entities including companies, disclosing entities, registered managed investment schemes, corporate collective investment vehicles and registrable superannuation entities, their directors and auditors. It explains: how ASIC exercises its powers to grant relief from the financial record keeping, financial reporting and audit requirements of Pts 2M.2, 2M.3 and 2M.4 (other than Div 4) of the Corporations Act, and how to apply for individual relief if an entity is unable to rely on existing class relief.

Comptroller of the Currency Jonathan V. Gould issued the following statement today about the Community Bank Leverage Ratio final rule, which provides community banks with greater flexibility to use a simpler measure of capital adequacy and reduces regulatory burden. Providing the option to use simplified capital standards gives community banks meaningful and necessary regulatory flexibility while advancing the OCC’s support for the long-term health and vitality of these indispensable institutions. The OCC remains committed to targeted regulatory reforms that ease the burden on community banks and foster local economic growth. I look forward to the implementation of this final rule and the impact it will have on consumers and communities while preserving safe and sound operations. Learn more about the OCC’s targeted regulatory relief for community banks: OCC Announces Actions to Reduce Regulatory Burden for Community Banks OCC Announces Additional Actions to Support Community Banks and Reduce Regulatory Burden OCC Issues Final Rules to Reduce Regulatory Burden for Community Banks

The U.S. Department of the Treasury today announced that the Internal Revenue Service (IRS) plans to revise the Form 990 to improve transparency, strengthen tax administration, and provide clearer reporting on certain activities of tax-exempt organizations described in section 501(c)(3) of the Internal Revenue Code, including government contracts, government grants, and fiscal sponsorship arrangements. The changes are intended to detect misconduct and hold wrongdoers accountable. Government grants and contracts can involve substantial public funds. Clearer reporting in these areas can help the IRS and the public better understand the sources and uses of that funding, support proper revenue classification, and reduce the risk of fraud, abuse, and misuse of taxpayer dollars. “Public money and tax-exempt status demand public accountability,” said Treasury Secretary Scott Bessent. “We are ending the days of hiding fraud, abuse, and extremist activity behind complicated nonprofit arrangements. When bad actors misuse charitable structures, directors and officers should understand that transparency can lead to scrutiny, accountability, and liability under the law.” Fiscal sponsorship is an umbrella term for several longstanding and lawful structures through which a tax-exempt organization may support charitable projects and initiatives. Recent congressional oversight has raised concerns that some fiscal sponsorship arrangements may be used to obscure who is operating a project, who controls project funds, and how those funds are being used. Increased reporting can help address those concerns and make it harder for rogue organizations to hide behind opaque arrangements. Treasury and the IRS expect to publish proposed regulations and provide an opportunity for public comment before any reporting changes are finalized. Treasury and the IRS will consider administrative feasibility, proportionality, and reporting burden as the proposal is developed. “Tax-exempt status is not immunity from scrutiny,” said Treasury Assistant Secretary and Acting IRS Chief Counsel Ken Kies. “If an organization receives public funds or tax-deductible donations, it should be prepared to show who controls the money and where it goes.”

The federal bank regulatory agencies today jointly finalized a rule to modify the community bank leverage ratio consistent with existing statutory authority. This change will provide community banks with greater flexibility to use a simpler measure of capital adequacy and reduce regulatory burden. The final rule takes into account the unique business models and risk profiles of community banks. The final rule is being adopted without change from the proposal issued in November 2025. The rule will lower the community bank leverage ratio from nine percent to eight percent, which will provide more flexibility for community banks to opt into the framework. The final rule also extends the grace period from two quarters to four quarters for a community bank that temporarily falls out of compliance. The framework continues to simplify regulatory capital requirements for community banks by allowing them to adopt a relatively simple leverage ratio to measure capital adequacy, rather than calculating and reporting risk-based capital ratios. Community banks that opt into the framework will be subject to a capital requirement that continues to promote safety and soundness. Under the framework, banks must maintain a leverage ratio that is significantly higher than the leverage ratio standard otherwise applicable to community banks. The changes will take effect on July 1, 2026. Federal Register notice: Regulatory Capital Rule: Revisions to the Community Bank Leverage Ratio Framework (PDF) Board Memo (PDF)

The European Banking Authority (EBA) has today published an Opinion on the European Commission’s proposed amendments to the final draft Regulatory Technical Standards (RTS) specifying operational risk requirements under the Capital Requirements Regulation (CRR). It considers that two amendments proposed by the Commission could affect the consistency, transparency and supervisory effectiveness of capital requirements for operational risk. On 2 March 2026, the European Commission informed the EBA of its intention to endorse, with amendments, the draft RTS submitted by the EBA in June and August 2025. The EBA reaffirms its commitment to a prudent, transparent and consistent implementation of the operational risk framework and invites the European Commission to reconsider two of these amendments. First, the Commission proposes to allow the combined use of the accounting approach (AA) and the prudential boundary approach (PBA) for the calculation of the financial component of the business indicator. The EBA considers that requiring institutions to apply only one approach to the full balance sheet is necessary to preserve the coherence of the framework. The combined use of both approaches is not envisaged in the Basel standard and may increase complexity, create inconsistencies across risk frameworks and facilitate regulatory arbitrage, while benefiting only a limited number of institutions. Second, the Commission proposes to limit notification obligations to competent authorities to material changes in the scope of the PBA when used in combination with the AA. The EBA considers that this could weaken supervisory effectiveness by introducing institution-specific materiality judgments making supervisory reviews more complex. The EBA supports the other amendments proposed which improve readability and legal certainty. Legal basis and background This Opinion is issued under Article 10(1) of Regulation (EU) No 1093/2010, which requires the EBA to provide an opinion where the European Commission intends to endorse draft RTS with amendments. The prudential treatment of operational risk is set out in Articles 311a to 323 of Regulation (EU) No 575/2013 (CRR). The RTS developed by the EBA specify the components of the business indicator, adjustments to profit and loss data and a harmonised risk taxonomy for operational risk. Documents Opinion on European Commission's amendments to RTS on operational risk (500.69 KB - PDF) EBA letter to EC regarding EBA Opinion on EC proposal RTS on Operational Risk (231.37 KB - PDF) Related content Draft Regulatory Technical StandardsFinal draft RTS/ITS adopted by the EBA and submitted to the European Commission Regulatory Technical Standards on operational risk loss Draft Implementing Technical StandardsFinal draft RTS/ITS adopted by the EBA and submitted to the European Commission Technical standards on the new Business Indicator framework for operational risk Draft Implementing Technical StandardsAdopted and published in the Official Journal of the EU Implementing Technical Standards on supervisory reporting concerning operational risk Topic

We’ve no vested interest in setting up a motor finance redress scheme. What matters to us is getting fair compensation for consumers as quickly as possible and supporting a healthy motor finance market for the future. That's what our scheme will do, and it's free for consumers to use. Learn more about our motor finance redress scheme. Any law firm or claims management company (CMC) involved in a potential challenge against the scheme that also has clients making motor finance claims should consider their position and that of their clients carefully. At the very least, they should write to those clients to explain they’re involved in a challenge that’s likely to delay compensation. They should give those clients the option of exiting the contract and strongly consider waiving any fees. Our scheme will put £7.5bn back in people’s pockets. Some have already waited over 2 years for a response to their complaint. With pressure on household bills rising, they shouldn’t be made to wait longer. Over 12m agreements made between 2007 and 2024 are eligible for compensation under the scheme. Our analysis shows millions of those did not involve the particularly serious misconduct identified in the case considered by the Supreme Court. Advice for consumers If you’ve used a CMC authorised by the FCA, and you're unhappy with how it's handled your case or the fees it’s charged, you should complain. If you’re dissatisfied with the response, you can take your complaint to the Claims Management OmbudsmanLink is external . If you’ve used a law firm regulated by the Solicitors Regulation Authority, and you're unhappy with how it's handled your case or the fees it’s charged, you should complainLink is external. If you’re dissatisfied with the response, you can take your complaint to the Legal OmbudsmanLink is external.  Our compensation scheme is free to use. Consumers do not need to use a CMC or a law firm, and those who do may lose up to 36% of any compensation. If you decide to go through the courts, this may cost you more. Don’t sign up to multiple CMCs or law firms to represent you. Doing so may lead to multiple fees. Be cautious of potential scammers who may try to contact you via cold calls, texts or emails, claiming you are owed motor finance commission compensation or offering to check eligibility. Report nuisance calls and texts to the Information Commissioner’s Office (ICO)Link is external. Report misleading advertising to the Advertising Standards Agency (ASA)Link is external. 

The Canadian Securities Administrators (CSA) today announced the adoption of final amendments to National Instrument 23-101 Trading Rules and changes to Companion Policy 23-101 Trading Rules.  The final amendments lower the maximum fee for executing an order involving trades in securities priced at CAD $1.00 or more, listed on both a Canadian recognized exchange and a U.S. registered national securities exchange (U.S. Inter-listed Securities). Following this change, all securities priced at CAD $1.00 or more will have an active trading fee cap of CAD $0.0017. The CSA will monitor the impact of the change in the fee cap over time and assess if further changes to the fee cap are required. Any further changes will be subject to public consultation. In a related initiative, the Canadian Investment Regulatory Organization published a Bulletin Amendments Respecting Trading Increments to align Canadian trading increments for certain U.S. Inter-listed Securities with the equivalent minimum pricing increment for these securities in the U.S. The final amendments will come into force on November 2, 2026, provided all necessary ministerial approvals are obtained. We received 10 responses to the request for comment published January 23, 2025. We have considered the comments received and thank all the commenters for their input. A list of those who submitted comments, a summary of the comments and our responses are contained in Annex E of the notice. Copies of the comment letters are available at www.osc.ca and www.lautorite.qc.ca. The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

Market capitalisation of approximately NOK 59 billion 18th listing on Euronext in 2026 Kongsberg Maritime joins the Euronext Tech Leaders segment Euronext today congratulates Kongsberg Maritime (ticker code: KMAR), a global leader in maritime technology, on its listing on Euronext Oslo Børs. This is the 18th listing on Euronext so far this year.  Kongsberg Maritime, recently spun out of Kongsberg Gruppen, is recognised for its expertise in maritime technology. The company supplies systems and services to a wide range of new and existing vessels, including merchants, offshore, fishing, and naval fleets. Its technology is installed on over 30,000 vessels worldwide, drawing on over 200 years of expertise, and operates 117 offices in 35 countries.   Kongsberg Maritime was listed through the admission to trading on 23 April 2026 of the 879,609,245 shares making up its equity. At opening today, the share price of Kongsberg Maritime was set at NOK 67 per share, giving the company a market capitalisation of NOK 58.9 billion on the day of listing. Lisa Edvardsen Haugan, CEO of Kongsberg Maritime ASA, said:“This is a historic moment for us. We are setting out to write an entirely new book in our 200-year history, and on behalf of all our employees, I can say that we are ready to begin its first chapter. Through technology and system expertise, Kongsberg Maritime actively contributes to shaping the future of the maritime industry — both globally and within the Norwegian maritime cluster. The industry is undergoing a fundamental transformation, driven by digitalisation, automation, and the need for zero-emission operations.” With today’s listing, Kongsberg Maritime has also joined Euronext Tech Leaders. The Euronext Tech Leaders segment comprises more than 100 tech companies listed on Euronext that are leaders in their field of activity or that demonstrate a very strong growth trajectory. As part of the segment, Kongsberg Maritime will benefit from an extended range of services, increased visibility and access to Europe's rich technology ecosystem. Caption: Lisa Edvardsen Haugan, CEO of Kongsberg Maritime rang the bell this morning together with colleagues and Minister of Trade and Industry to celebrate the listing of the company on Euronext Oslo Børs. Kongsberg Maritime was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs. (Photo: Thomas Brun | NTB) About Kongsberg Maritime ASA Kongsberg Maritime ASA is a global leader in maritime technology. The company delivers advanced solutions to the merchant fleet, offshore, fishing, and naval vessels, setting new standards for safe, efficient, and sustainable operations - both for new builds and existing fleets. In close collaboration with customers and research environments, we develop technology that solves real challenges at sea. Today, more than 30,000 vessels operate with the company’s systems on board. Kongsberg Maritime has more than 8,300 employees in 35 countries.

Moomoo, a leading global investment and trading platform, today announced the launch of Moomoo API Skills, an innovative capability designed to lead retail investors into the era of agentic investing.* By enabling investors to connect their personal AI agents directly to moomoo’s professional-grade infrastructure, the platform transforms natural language input into structured, executable investment strategies. Redefining the Investing Journey for All InvestorsFor years, algo trading has largely been accessible only to users with strong technical and coding expertise. By eliminating the need for coding, Moomoo API Skills empowers users' AI agents to serve as 24/7 trading assistants. Users' AI agents continuously monitor market conditions and prepare trades based on the user’s specific intent. Designed for broad compatibility, Moomoo API Skills integrates with leading AI agent frameworks, enabling agents to interpret market data and take action within a professional-grade trading environment, while helping investors save time by streamlining complex workflows and supporting faster, more informed decision-making. Intent-Driven Development: Translates user-defined trading intentions expressed in plain English into structured logic, reducing technical complexity and bridging the gap from concept to execution. Maintain 24/7 Market Vigilance: Monitors volatility and market shifts around the clock, enabling responses to conditions across the U.S., Canada, Hong Kong, Singapore, and Japan markets without constant manual oversight. Automated Strategy Validation: Supports comprehensive backtesting against historical data, allowing investors to review, refine, and validate their strategies before live deployment. Privacy and Security as a FoundationAs AI becomes more integrated into financial decision-making, moomoo has prioritized a "Safety First" architecture. Built on proprietary OpenD technology, Moomoo API Skills ensures that the user remains the ultimate authority over every transaction.To ensure maximum security, the system incorporates several critical safeguards: Data Sovereignty: All trading credentials and sensitive account data remain within the user’s local environment, never passing through third-party AI servers. Simulated Validation: To encourage responsible exploration, the system is designed to default to paper trading environments, allowing users to perfect their agent’s logic with virtual funds before moving to live markets. A Vision for the Future of Finance“We are seeing a fundamental shift where investors are moving from simply accessing information to seeking structured, intelligent ways to act on it,” said Neil McDonald, CEO of moomoo US. “With Moomoo API Skills, we are reducing the technical barriers that once stood between an idea and its execution, enabling clients' personal AI agents to connect directly with our platform while ensuring investors retain full control of every decision,” said Michael Arbus, CEO of moomoo Canada. *Agentic AI allows a customer to use their preferred AI platform to connect through moomoo Skills API to initiate algorithmic trading. Losses can happen more quickly with quant and algorithmic trading compared to other forms of trading. Trading in financial markets carries inherent risks, making effective risk management a crucial aspect of quantitative trading systems. These risks encompass various factors that can disrupt the performance of such systems, including market volatility leading to losses. Quants face additional risks such as capital allocation, technology, and broker-related uncertainties. It's important to note that automated investment strategies do not guarantee profits or protect against losses. The responsiveness of the trading system or app may vary due to market conditions, system performance, and other factors. Account access, real-time data, and trade execution may be affected by factors such as market volatility. In the U.S., securities are offered through Moomoo Financial Inc., Member FINRA/SIPC

Sapia has agreed to make a voluntary payment of £19,637,950 to WealthTek clients and the FCA has censured the firm. Sapia began working with WealthTek in 2013 and later appointed it as one of its appointed representatives. This resulted in Sapia holding and being responsible for protecting client money resulting from WealthTek’s activities. The FCA found Sapia did not put enough safeguards in place to protect this money. Sapia has admitted that it failed to properly separate key roles within its business relating to client money. People who could make payments from client money accounts also carried out the checks of those accounts required by FCA rules. This lack of separation increased the risk that client money could be lost because of, for example, misuse or poor management. The voluntary payment will be distributed to WealthTek clients who have a shortfall in the money they have been able to reclaim. In December 2024, the FCA, separately, charged WealthTek’s principal partner with multiple criminal offences, including money laundering and fraud. Therese Chambers, joint executive director of enforcement and market oversight at the FCA, said: 'Poor safeguards around client money create opportunities that bad actors can exploit. Sapia’s failures exposed clients to an unacceptable risk of losing their money. 'We decided not to impose a fine on Sapia because of its exemplary cooperation and its acceptance that it should make a voluntary payment to affected customers.' The FCA concluded its investigation in 12 months. This is an example of how we are improving the pace of our investigations. Background Final Notice 2026: Sapia Partners LLP (PDF). From incorporation on 24 May 2010 and until 13 January 2021, WealthTek LLP was called Vertus Asset Management LLP. WealthTek LLP was an appointed representative of Sapia from 2017 until becoming directly authorised by the FCA from 28 January 2020 until 4 April 2023 when the FCA took action to order the firm to cease operations and to appoint Special Administrators. Clients can see updates from WealthTek’s administratorsLink is external . Were it not for Sapia’s agreement to make the voluntary payment of £19.6m (with the assistance of its ultimate parent company), to be distributed to WealthTek’s clients with a shortfall in the money they have been able to reclaim, and Sapia’s cooperation throughout the investigation, the FCA would have imposed on Sapia a penalty of £7,412,000 (after the 30% discount for agreeing to settle the matter). Of the £19.6m, WealthTek’s administrators will receive £19.1m and the Financial Services Compensation Scheme (FSCS) will receive £500,000 (in accordance with its statutory duties to pursue recoveries where reasonably possible and cost effective). Once FSCS has concluded any further recoveries actions, it will proceed to make distributions of any surplus to WealthTek’s FSCS eligible clients under the rules set out in the Compensation Sourcebook of the FCA’s Handbook. A trial has been scheduled for September 2027 at Southwark Crown Court in the criminal proceedings brought by the FCA against John Dance, the former WealthTek LLP principal partner. The FCA fined Barclays Bank UK PLC £3,093,600 for poor handling of financial crime risks in relation to a client money account opened by WealthTek. Barclays also agreed to make a voluntary payment of £6.3m for distribution to WealthTek’s clients who have a shortfall in the money they have been able to reclaim. Firms need to comply with Principle 10 of the FCA’s Principles for Businesses and follow the client money rules in FCA’s Client Assets Sourcebook (CASS) to ensure they arrange adequate protection for client money. This applies to client money received from a firm’s own activities or from those of its appointed representatives. Find out more information about the FCA. 

All resolutions proposed at the Annual General Meeting of the Company held on 23 April 2026 were passed by shareholders.  Resolutions 1 - 18 were passed as Ordinary Resolutions and Resolutions 19 - 24 as Special Resolutions.    London Stock Exchange Group plc Annual General Meeting Poll Results:   RESOLUTION VOTESFOR % VOTESAGAINST % VOTESTOTAL % OF TOTAL VOTING RIGHTS VOTESWITHHELD 1.     To receive the annual report and accounts 420,987,158 99.99 47,052 0.01 421,034,210 85.01% 625,360 2.     To declare and pay a dividend 420,822,306 99.85 640,271 0.15 421,462,577 85.10% 196,993 3.     To approve the Annual Report on Remuneration and the annual statement of the Chair of the Remuneration Committee 391,831,848 93.19 28,646,921 6.81 420,478,769 84.90% 1,180,801 4.     To re-elect Professor Kathleen DeRose as a Director 415,442,370 98.58 5,999,039 1.42 421,441,409 85.09% 218,161 5.     To re-elect Tsega Gebreyes as a Director 415,486,536 98.59 5,952,369 1.41 421,438,905 85.09% 220,665 6.     To re-elect Scott Guthrie as a Director 404,541,629 95.99 16,897,941 4.01 421,439,570 85.09% 220,000 7.     To re-elect Cressida Hogg CBE as a Director 414,973,267 98.47 6,465,318 1.53 421,438,585 85.09% 220,985 8.     To re-elect Lloyd Pitchford as a Director 413,610,939 98.14 7,828,860 1.86 421,439,799 85.09% 219,771 9.     To re-elect Michel-Alain Proch as a Director 419,125,735 99.45 2,309,313 0.55 421,435,048 85.09% 224,522 10.   To re-elect Dr Val Rahmani as a Director 414,605,957 98.38 6,834,225 1.62 421,440,182 85.09% 219,388 11.   To re-elect Don Robert CBE as a Director 410,421,047 97.97 8,485,341 2.03 418,906,388 84.58% 2,753,182 12.   To re-elect David Schwimmer as a Director 420,250,414 99.72 1,185,375 0.28 421,435,789 85.09% 223,781 13.   To re-elect William Vereker as a Director 405,648,319 96.25 15,804,410 3.75 421,452,729 85.09% 206,841 14.   To elect Dame Elizabeth Corley as a Director 419,381,917 99.51 2,059,157 0.49 421,441,074 85.09% 218,496 15.   To re-appoint Deloitte LLP as auditor 421,281,836 99.96 156,098 0.04 421,437,934 85.09% 221,636 16.   To authorise the Audit Committee to approve the auditor's remuneration 421,291,956 99.96 161,012 0.04 421,452,968 85.09% 206,602 17.   To renew the Directors' authority to allot shares 406,331,266 96.41 15,108,803 3.59 421,440,069 85.09% 219,501 18.   To authorise the Company to make political donations and incur political expenditure 415,098,036 98.51 6,273,489 1.49 421,371,525 85.08% 288,045 19.   To disapply pre-emption rights in respect of an allotment of equity securities for cash 401,874,267 95.38 19,478,039 4.62 421,352,306 85.07% 307,264 20.   To disapply pre-emption rights in respect of a further allotment of equity securities for cash, for the purposes of financing a transaction 391,332,905 92.87 30,022,596 7.13 421,355,501 85.07% 304,069 21.   To grant the Directors authority to purchase the Company's own shares 420,554,353 99.84 693,629 0.16 421,247,982 85.05% 411,588 22.   That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice 400,538,290 95.04 20,894,718 4.96 421,433,008 85.09% 226,562 23.   To authorise the capitalisation of an amount of the Company's merger relief reserve and the allotment and issue of the Capital Reduction Share 421,271,101 99.98 91,739 0.02 421,362,840 85.08% 296,730 24.   To authorise the cancellation of the Capital Reduction Share and the Company's share premium account 421,303,387 99.98 63,431 0.02 421,366,818 85.08% 292,752   Notes   1.   Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a resolution.   2.   As at 6.30pm on 21 April 2026, the share capital of the Company consisted of a total of      516,731,514 ordinary shares made up of: (i) 495,279,915 ordinary shares of 679/86 pence each (excluding treasury shares), which carry one vote each; and (ii) 21,451,599 of its ordinary shares of 679/86 pence each in treasury. Therefore, the total number of voting rights in LSEG as at that time were 495,279,915.   3.   Ordinary shareholders are entitled to one vote per share.   4.   The percentages above are rounded to two decimal places.   5.   Results of the poll will also be available shortly on the Company's website:  https://www.lseg.com/en/investor-relations/annual-general-meeting   6.   In accordance with UK Listing Rule 6.4.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.   7.   Resolution 23 authorises the capitalisation of all or part of the Company's merger relief reserve to increase the amount of distributable reserves available, with such amount to be applied to pay up in full one B ordinary share (the "Capital Reduction Share"). Resolution 24 authorises, subject to the confirmation of the Court, the cancellation of the Capital Reduction Share and the cancellation of the amount standing to the credit of the Company's share premium account, and that the amount of such reductions be credited to the retained earnings reserve of the Company.  

ACER's latest gas Monitoring Report covers trends in winter 2025-2026. A key is the evolving impact of the Middle East conflict and the closure of the Strait of Hormuz on European gas markets. This analysis helps inform decision makers on strategies to ensure secure and competitively priced gas in the EU. What did ACER’s monitoring find? The EU is vulnerable to energy shocks. To date the 2026 energy crisis is not at the same level of magnitude as the 2022-2023 crisis. The Middle East conflict crisis could cut 20% of global LNG exports: EU sourced 7% of its LNG from Qatar during winter 2025/2026, equivalent to 4% of its natural gas imports over the same period. If Qatari production remains offline until December 2026, a global LNG supply shortfall of 26 bcm could arise and EU spot LNG demand could rise to around 56 bcm. Europe’s exposure to further price increases will depend on the duration of the conflict. Title Transfer Facility (TTF) gas prices peaked above 60 EUR/MWh after attacks on energy facilities: Price volatility is expected to remain high amid continued uncertainty. Competition with Asia for flexible LNG cargoes could push prices up: This could make Europe's summer storage filling more challenging, as heightened competition for flexible LNG cargoes threatens to push prices up further. EU underground gas storage ended winter below 30%, due to both higher reliance on gas use for power and a cold winter. EU gas stocks are near a 9-year low. Storage targets for the next winter, in accordance with the EU Gas Storage Regulation, may put upward pressure on prices this summer. Europe could achieve 80% storage levels at current LNG import rates (~11 bcm/month). Reaching the 90% target would be difficult without additional supply sources.  EU gas demand rose slightly year-on-year to around 2400 TWh: This increase was mainly driven by higher gas use in power generation and gas use for heating, due to a colder-than-average winter. Europe’s reliance on US LNG grew amid the phase-out of Russian gas imports. US LNG now accounts for 30% of EU gas imports and about two-thirds of its LNG imports. Russian gas flows continued to decline, falling close to 240 TWh (but still around 14% of total EU gas imports). In Europe, gas flows continued to shift away from eastern pipeline supply and to LNG entry points, resulting in higher west–east cross border flows. This shift was also reflected in wholesale market signals, with price spreads in Central Europe widening to over 2 EUR/MWh above the TTF benchmark. Looking ahead Heightened price volatility: European gas prices will remain highly sensitive to global shocks. The Middle East conflict and strong competition with Asian markets for flexible LNG cargoes will be the main drivers of price spikes. Costly storage refills: While reaching the 80% storage target ahead of next winter is feasible, lower starting storage stocks and tight global supply mean that filling storage over the summer will likely come at a premium cost and be more vulnerable to sudden market disruptions. Geopolitics and supply shifts: Europe's structural pivot away from Russian gas supply will continue. In January 2026, the EU adopted a regulation introducing a gradual and permanent ban on Russian pipeline and LNG imports. This deepens the EU’s reliance on US LNG imports and maintains a west–east and coastal–continental gas pipeline flow in Europe. Read more.

SGX FX and Rand Merchant Bank (RMB) have entered a strategic partnership aimed at broadening liquidity access and enhancing the distribution of African currencies to global market participants. The collaboration marks an important advancement in SGX FX’s growth ambitions across emerging markets and deepens its engagement with Africa’s rapidly evolving FX landscape.   With the evolution of electronic trading, there has been strong appetite for African liquidity to support the evolving buy side need. Under the partnership, RMB – a leading African corporate and investment bank with longstanding FX expertise across the continent – has integrated its liquidity engine into SGX FX’s global infrastructure. This connection will give international participants streamlined access to pricing and execution across a wide range of African currencies on both a deliverable and non-deliverable basis, further extending SGX FX’s role as a bridge between regional markets and the global FX community.   Bringing together SGX FX’s global network and RMB’s extensive local insight, the partnership supports expanding international demand for African currency exposure. It also reflects a shared ambition to promote deeper liquidity, more efficient market access and stronger participation in emerging‑market FX.   Roger Lee, Global Head of Sales at SGX FX, commented: “This partnership with RMB is an exciting step forward as we continue to build connectivity between global participants and fast‑growing emerging markets. Africa represents a dynamic and increasingly important region within global FX. RMB’s strong presence across the continent significantly enhances our ability to provide clients with transparent, efficient access to African currencies.”   Tim Hutchinson, Head, Global FX at RMB, added: “Collaborating with SGX FX allows us to extend African FX liquidity to a wider international audience through a trusted, globally connected platform. By combining RMB’s depth in African markets with SGX FX’s robust distribution capabilities, we are helping to create a seamless link between international investors and the continent. Our focus on innovation, liquidity and client service is aligned, and we look forward to supporting greater participation in African FX.”

SpiderRock US equity options print set data now available via BMLL Data Lab New dataset availability will enable clients to combine SpiderRock US equity options trade level analytics with BMLL’s historical options and equity data to study cross-asset market structure Joint white paper shows how combined SpiderRock and BMLL data can unlock new insight into volatility dynamics, hedging flows and intraday price behaviour BMLL, the leading independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equities, ETFs, futures and US equity options, today announced that SpiderRock’s Options Print Set data is available through the BMLL Data Lab. SpiderRock Options Analytics Now Available in BMLL Data Lab The addition of SpiderRock’s Options Print Set data enhances BMLL’s cross-asset research environment, enabling clients to analyse the interaction between options markets and underlying cash equity behaviour within a single framework. By combining SpiderRock options print level analytics with BMLL’s high-quality historical equity data, users can explore how dealer positioning, hedging flows and volatility conditions influence intraday price formation and liquidity. Through the BMLL Data Lab, clients will be able to access SpiderRock’s options print level implied volatility and Greeks data alongside BMLL’s historical equities, futures and options market data to support quantitative research, strategy development and market structure analysis. This provides a unified environment for studying how options hedging flows affect spot liquidity patterns, and how underlying market microstructure in turn affects options pricing and risk. Joint White Paper Highlights the Power of Cross-Asset Research The launch is supported by a joint white paper, which demonstrates how SpiderRock’s options analytics can be used alongside BMLL’s intraday equity data to estimate dealer gamma positioning and analyse resulting price dynamics in the underlying stock. The paper shows how net short-gamma positioning can amplify intraday momentum through delta-hedging activity, and how these dynamics can be studied systematically using an integrated data approach. Elliot Banks, Chief Product Officer, BMLL, said: “At BMLL, we are focused on giving clients access to the data they need to answer increasingly complex cross-asset questions. Making SpiderRock’s options print analytics available in the BMLL Data Lab allows users to combine SpiderRock’s options analytics with detailed historical market data in one environment, helping them accelerate research and generate deeper insight into market dynamics.” Craig Iseli, Chief Operating Officer at SpiderRock, added: “SpiderRock’s options analytics are designed to help market participants better understand volatility and risk. Making this data available through BMLL Data Lab extends that value further, enabling clients to connect options market signals with underlying equity behaviour and supporting more advanced quantitative and market structure research.” The availability of SpiderRock data in BMLL Data Lab marks a further step in BMLL’s strategy to bring together high-value partner datasets with its own historical market data and analytics, helping clients accelerate research and unlock new trading and market intelligence use cases. The BMLL and SpiderRock partnership allows institutional clients to better understand, predict, and capitalise on the complex market interdependencies between equity spot and options markets.

David Schwimmer, CEO said: “We have had a great start to 2026 across the board: our leading, multi-asset class trading venues have been critical sources of liquidity, price discovery and risk management for customers, while engagement with our trusted data to inform decision-making has been at record levels. “We have continued to execute on our LSEG Everywhere strategy for the distribution of AI-ready data. Over 150 customers have connected or are onboarding to our MCP server, and our new AI tools within Workspace are generating very positive feedback. Our focus through 2026 will be on roll-out and adoption of these services. “We are delivering this high rate of innovation across the whole of LSEG: during the quarter we drove strong adoption of our digital asset indices, launched TradeAgent to broaden our Post Trade Solutions platform, executed the first transaction on the Private Securities Market and announced the launch of LSEG DiSH, which enables real-time settlement in commercial bank money across payment networks. We are confident in the outlook and the delivery of all of our financial targets for the year.”   Q1 2026 highlights (All growth rates on an organic constant currency basis unless otherwise stated) Record revenue: Total income (excl. recoveries) +9.8%. Data & Analytics +5.1%, FTSE Russell +8.8%, Risk Intelligence +10.5%, Markets +15.5% Continued strong subscription growth: combined growth of +6.3% in our subscription businesses1, with all three divisions accelerating over Q4 2025 Exceptional growth across Markets: driving very strong growth in trading volumes across multiple asset classes as customers look to manage risk in a more volatile environment Further strong progress with LSEG Everywhere: over 150 customers connected or onboarding to our MCP server; Workspace AI tools now rolling out Significant product innovation: strong demand for digital asset indices, launch of TradeAgent, first transaction for Private Securities Market Dynamic capital allocation: completed £1.1 billion of share buybacks in Q1; well on track executing on £3 billion buyback by February 2027 This release contains revenues, cost of sales and key performance indicators (KPIs) for the three months ended 31 March 2026 (Q1). Constant currency variances are calculated on the basis of consistent FX rates applied across the current and prior year period (GBP:USD 1.318 GBP:EUR 1.168).Organic variance is calculated on a constant currency basis, adjusting the results to remove disposals from the entirety of the current and prior year periods, and including acquisitions from the date of acquisition with a comparable adjustment to the prior year. Certain columns and rows may not add due to the use of rounded numbers for disclosure purposes. 1. Combined total income (excl. recoveries) of Data & Analytics, FTSE Russell and Risk Intelligence Q1 2026: a record quarter LSEG serves its customers through the whole of the trade lifecycle and the data value chain, across multiple asset classes. As market participants consume growing volumes of data to make trading and risk management decisions, these two threads are becoming more intertwined, reinforcing our strategy and strengthening our position as our customers increasingly turn to us for our trusted solutions. The adoption of AI and agentic solutions is accentuating this, as access to the deepest data sets that are constantly refreshed is essential for accurate decision-making. The multiple levers of growth for LSEG reflect the significant progress we have made both in transforming individual businesses and in combining them to create additional opportunities. This is becoming increasingly evident in our financial and operational performance, as we delivered record revenue in Q1, with strong performances from all divisions, and increased the cadence of product development across the whole of LSEG. Our customers recognise that our solutions are more valuable in an AI world. With our unmatched data, infrastructure and partnerships, we are uniquely positioned to partner with customers to seize new growth opportunities, significantly enhancing our products and opening up powerful new distribution channels for our data and analytics. LSEG Everywhere  In 2025 we launched our LSEG Everywhere strategy, to make our unmatched, AI-ready data available to use wherever our customers are working. We made further significant progress in Q1 2026 as we drive adoption across our customer base. In our Data & Feeds business, we have made our data available to licensed customers through a wide range of foundational models and cloud environments, including Anthropic, Microsoft, Open AI, Databricks and Snowflake. Since launch in December 2025, 90 customers have connected via our Model Context Protocol (‘MCP’) server, which delivers context, accuracy, control and measurability for data consumption. A further 64 customers are in the process of onboarding. The feedback has been very encouraging and we are refining our commercial strategy for this channel. We continue to add data sets to our MCP server, with significant additions this week including estimates, corporate actions and company fundamentals. Over half of our non real-time data is now available via MCP, and in the coming months we will add transcripts, Lipper funds and FTSE Russell indices data. Through foundational work on our data estate over the last three years, in partnership with Microsoft, we have accelerated our speed of delivery significantly. In Workflows, we are making very strong progress with the development and roll-out of AI functionality within Workspace. Our Workspace AI Search tool is in pilot with a wider launch planned in the coming months. This will become increasingly powerful as we introduce additional data sets. Our Workspace AI Deep Research tool, which combines our data with a number of leading foundational models, has tested very well with customers and generated strong feedback when compared with the equivalent tools of our competitors. This is now available through Microsoft Teams, as well as through the main Workspace platform. We believe that, both through Workspace and our broader distribution channels, we can drive meaningful upsell and displacements over time. Innovation across LSEG In FTSE Russell, we launched 28 new ETFs in Q1, up from 24 in Q1 2025. In new growth areas, we drove a number of displacements with our digital asset indices, and made our first sales of our new private markets indices developed in partnership with StepStone. Risk Intelligence launched its new Sanctioned Securities Data File, a granular, instrument-level dataset engineered to help financial institutions identify and manage exposure to securities with direct or indirect links to sanctioned entities. The data set links global sanctions designations and ownership and control relationships directly to financial securities. We continue to build out our suite of services within Post Trade Solutions, working hand-in-hand with our industry partners. In March, we launched TradeAgent, a new post trade processing platform. TradeAgent helps industry participants reduce costs and risks associated with cleared and bilateral derivative processing by standardising the full post trade lifecycle. During the quarter we also announced the H1 launch of a new digital settlement service, Digital Settlement House (LSEG DiSH), an open-access platform which enables real-time settlement in commercial bank money between independent payment networks, both on and off chain. Instantaneous settlement of cash means that LSEG DiSH can offer dynamic management of intraday liquidity and funding, as well as 24/7 management of settlements and margin.  In our Equities business we executed the first trade on the Private Securities Market. This new secondary market provides for the first time private companies with access to intermittent liquidity auctions using the London Stock Exchange’s public markets infrastructure. Tradeweb continued its track record of innovation by entering into a strategic partnership with Kalshi, the largest regulated prediction market. The companies will collaborate with the goal of expanding institutional access to Kalshi’s prediction market data and analytics and advanced market infrastructure for prediction markets trading to institutional investors through Tradeweb’s global electronic trading platform. Tradeweb has also made a minority investment in Kalshi. Capital allocation We continued to execute our buyback programme in Q1, returning £1.1 billion to shareholders through the purchase of 12.8 million shares at an average price of £84.59. We are well on track to meet our plans to return £3 billion in total between our 2025 results announcement and our 2026 results in February 2027. We expect leverage to be around the middle of our 1.5-2.5x operating net debt to EBITDA target range at the end of 2026.  Financial guidance We are confident of further growth and improvement to our EBITDA margin in 2026, leading to strong growth in equity free cash flow. We have started the year very strongly, and are therefore improving our guidance for 2026 as follows: Organic constant currency growth in total income excluding recoveries of 6.5-7.5%, including an acceleration in our subscription businesses’ organic growth. We expect growth to be in the upper half of the guidance range. An improvement in constant currency EBITDA margin of 80-100 basis points Capex intensity of c. 9.5% of total income excluding recoveries Equity free cash flow of at least £2.7 billion, based on foreign exchange rates of £1 = $1.32 and €1.17 Underlying effective tax rate of 24-25% Q1 investor and analyst conference call: LSEG will host a conference call for its Q1 Trading Update for analysts and investors today at 08.30am (UK time). On the call will be David Schwimmer (Chief Executive Officer) and Michel-Alain Proch (Chief Financial Officer). To access the webcast or telephone conference call please register in advance using the following link: https://www.lsegissuerservices.com/spark-insights/LondonStockExchangeGroup/events/c84f6435-49b9-4d74-80b3-314951ad0970/lseg-q1-results-2026-investor-analyst-call To ask a question live you will need to register for the telephone conference call here: https://registrations.events/direct/LON35022543 Q1 2026 summary (Commentary on performance is on an organic constant currency basis, unless otherwise stated)   Q1 2026£mQ1 2025£mVariance%Organic,constantcurrencyvariance% Workflows  491 491 0.0% 2.9% Data & Feeds 475 454 4.6% 7.3% Analytics 59 59 0.0% 5.2% Data & Analytics 1,025 1,004 2.1% 5.1%           Subscription 160 155 3.2% 7.7% Asset-based 88 83 6.0% 10.9% FTSE Russell 248 238 4.2% 8.8%           Risk Intelligence 153 143 7.0% 10.5%           Subscription Businesses1 1,426 1,385 3.0% 6.3%           Equities 114 102 11.8% 11.1% Fixed Income, Derivatives & Other 452 394 14.7% 18.4% FX 74 69 7.2% 11.8% OTC Derivatives 183 161 13.7% 16.0% Securities & Reporting 61 56 8.9% 9.0% Non-Cash Collateral 29 27 7.4% 7.3% Net Treasury Income 74 65 13.8% 17.0% Markets 987 874 12.9% 15.5%           Other 2 2 0.0% (6.1%) Total income (excl. recoveries) 2,415 2,261 6.8% 9.8% Recoveries 93 93 0.0% 3.1% Total income (incl. recoveries) 2,508 2,354 6.5% 9.6% Cost of sales (289) (308) (6.2%) (2.9%) Gross profit  2,219 2,046 8.5% 11.5% 1. Combined total income (excl. recoveries) of Data & Analytics, FTSE Russell and Risk Intelligence Total Income (excluding recoveries) was up 9.8% on an organic constant currency basis. Data & Analytics was up 5.1%, with growth accelerating as the strong gross sales performance delivered in H2 2025 flowed through to revenues. The contribution from pricing and retention was consistent with the previous year. Workflows was up 2.9%. Engagement was particularly strong in Q1 as customers turned to our trusted solutions to help them navigate market volatility in the period. Use of our shipping data saw a 3x increase in March and use of our Oil applications grew 75% from baseline levels. We rolled out Workspace AI Deep Research capabilities to around 1,600 users, receiving strong positive feedback. Data & Feeds was up 7.3% with consistent and broad-based growth. Continuing innovation and expansion of our offering drove demand for our real-time services. Use (number of RICs accessed) of our cloud-based Real Time Optimised offering rose four-fold year-on-year in Q1, while consumption (number of server requests) of our Tick History data grew 39% year-on-year. Demand for pricing and reference services remained strong, supported by ongoing investment in content and an expanded presence in cloud-based platforms such as Databricks and Snowflake. Analytics was up 5.2%, reflecting strong Yield Book usage and continuing good sales of the Analytics API. Model as a Service went live in Q1, making third-party models from Societe Generale available via our Analytics API, and we further expanded our cloud presence with the launch of a Snowflake native application for Yield Book. FTSE Russell was up 8.8%. Subscription revenues accelerated as the renewal cycle on multi-year customer mandates normalised, as anticipated. Growth in asset-based revenues was also strong, reflecting product inflows and higher market levels. FTSE Russell expanded across multiple asset classes in Q1, winning a $3 billion sustainable infrastructure mandate in Taiwan, launching 6 fixed income ETFs in partnership with Global X, and 8 ETFs opting to switch to FTSE Russell’s digital asset indices. Risk Intelligence was up 10.5% driven by strong customer demand for our services for their screening and identity verification needs. Customer receptivity to the World-Check On Demand and World-Check Verify solutions launched in H2 2025 has been strong, with customers valuing the precise, real-time intelligence on sanctions, politically exposed persons (PEPs), adverse media and enforcement actions. Markets was up 15.5%. Against a backdrop of geopolitical uncertainty and market volatility, customers turned to our trading venues and post-trade infrastructure to meet their liquidity discovery and risk management needs. This strength was broad-based, driving exceptional growth in the Markets division. Equities was up 11.1% with continued growth in data revenues and double-digit growth in secondary trading. The LSE’s Private Securities Market successfully conducted its first trade in Q1 demonstrating the important role of the London Stock Exchange in building a seamless funding continuum across public and private markets. Fixed Income, Derivatives & Other was up 18.4%. Tradeweb achieved new record high trading volumes in the first quarter, with $3.3 trillion of average daily volume across its platforms, supported by heightened market volatility and Tradeweb’s innovative trading protocols. Interest rate products saw strong, broad-based activity driven by the uncertain macroeconomic outlook and inflationary and central bank policy concerns. Activity in credit, equity and money markets assets also remained robust, with all asset classes delivering double-digit growth. Amid the heightened volatility, Tradeweb continued to see strong customer demand for electronic execution and accelerating adoption of its AiEX automated trading solutions. FX was up 11.8%. Activity was strong across both our interdealer trading venue, Matching, and our dealer-to-client platform, FXall. The integration of FXall with Workspace is creating a powerful, seamless solution for the FX community, and a strong platform for innovation. In Q1 we added the capability for Corporate Treasurers to invite banks to bid for deposits through FXall/Workspace, creating a new use case for the platform. OTC Derivatives was up 16.0%. Elevated market uncertainty created additional demand for our trusted clearing infrastructure in Q1, driving strong growth in post-trade services across all asset classes. In terms of notional value cleared, all five of the busiest days on record for SwapClear occurred in March 2026. Expansion of Post Trade Solutions – our services for uncleared derivative instruments – continued in Q1 with the launch of TradeAgent, offering customers additional efficiencies in trade processing. LSEG’s Digital Settlement House (DiSH) will go live in Q2, enabling real-time settlement in commercial bank money between independent payment networks, both on and off chain. Securities & Reporting was up 9.0%, reflecting continued growth in the RepoClear platform. Non-Cash Collateral was up 7.3%, as a slight decline in collateral balances was offset by improved returns. Net Treasury Income was up 17.0%, with increased clearing activity leading to higher customer cash balances in Q1. Group cost of sales declined by 2.9%, driven by the benefit from the revised SwapClear revenue surplus share agreement struck in 2025. Excluding this, cost of sales would have grown less than revenues at 8.5%, reflecting business mix and the partially fixed nature of the costs. Gross profit was up 11.5%, ahead of growth in total income excluding recoveries as a result of the decline in cost of sales. 

Please see attached the content being presented today at the NZX Limited 2026 Annual Shareholders' Meeting by Chair John McMahon and CEO Mark Peterson, starting at 10.00am. Note: this includes an update on Q1 2026 trading. Downloads NZX 2026 Annual Meeting Chair & CEO Address NZX 2026 Annual Meeting Presentation

At NZX Limited’s shareholder meeting, held today, shareholders were asked to vote on 3 resolutions, which were supported by the Board. As required by NZX Listing Rule 6.1, all voting was conducted by a poll. The resolutions passed by shareholders were: That the Board be authorised to determine the auditor’s fees and expenses for the 2026 financial year. That Dame Paula Rebstock, who retires and is eligible for re-election, be re-elected as a director of NZX Limited. That Rachel Walsh, who retires and is eligible for re-election, be re-elected as a director of NZX Limited. Details of the total number of votes cast in person/online or by a proxy holder are attached. Downloads NZX Shareholder Meeting Results - 2026

SGX Stock Exchange today announced the successful listing of Kin Global Limited on Catalist under stock code “KIN”.   Kin Global Limited is Singapore’s largest sports events management company and a curator of global sports events. Incorporated in 2017, the Group delivers end‑to‑end sporting experiences, providing services across the full event lifecycle from conceptualisation and planning to management and execution of major local and international sports events. The Group has completed over 500 projects, primarily in global and competitive sports tournaments. Since 2020, the Group has strategically diversified beyond the sporting industry to encompass a broad spectrum of experiential events, brand activations and creative production.   Ko Chee Wah, Executive Chairman, Kin Global Limited, said, "Today’s listing marks a key milestone in our transformation journey. Kin Global has evolved from Singapore’s largest sports events management company into a broader vision – we want to help shape and deliver how cities create, programmes, activities and attractions in the event tourism space. Singapore is establishing itself as a global events and tourism hub, which presents a compelling long-term business opportunity for us. With our end-to-end capabilities, strong ecosystem of vendors and partners, Kin is well-positioned to capture the tremendous growth potential, and the listing provides us with the platform to accelerate our next phase of expansion while creating long-term growth for our shareholders.” Koh Jin Hoe, Head of Capital Markets, Global Sales and Origination, SGX Group, said, “Singapore has steadily grown in stature as a leading destination for world‑class sports and lifestyle events, where the quality of experience and execution is a key differentiator. Kin Global’s listing on SGX reflects the strength of Singapore’s sports events ecosystem and the role of home‑grown companies in shaping how the city is experienced by global audiences. SGX is proud to support Kin Global as it embarks on its next phase of growth as a listed company.” Kin Global Limited joins more than 200 enterprises that are listed on SGX Catalist. Kin Global Limited opened at S$0.27 today. 

Former NZX-listed QEX Logistics Limited (QEX) and its founder, director and chief executive officer, Jingjie Xue, have been ordered to pay civil penalties $ 875,000 and $ 175,000, respectively. Mr Xue has also been banned as a director of any FMC reporting entities for three years.  The penalties and ban were imposed by the Court after the cross-border freight logistics company failed to prepare and file its annual financial statements for several years. QEX was suspended and then delisted from the NZX because of breaches of listing rules and corporate governance requirements.  It is the first time the Financial Markets Authority (FMA) has instigated civil proceedings for breaching financial reporting obligations in the Financial Markets Conduct Act 2013. FMA’s Head of Enforcement Margot Gatland said: “The FMA brought this case because hundreds of shareholders were left without important financial information due to poor management. "Financial reporting is an important feature of financial markets.  It promotes transparency and enables confident participation in markets. Investors need access to timely and accurate information about a company's financial performance. Compliance with reporting obligations is vital for investors.” The penalties relate to failure to comply with two sections under the Financial Markets Conduct Act, which require reporting entities to prepare financial statements that comply with generally accepted accounting practice, have those financial statements audited, and to file those audited financial statements with the Registrar of Companies within four months of the entity’s balance date. QEX and Mr Xue cooperated with the FMA throughout its investigation and the proceedings. Background QEX is the ultimate holding company of New Y Trading Company Limited (a New Zealand company) and New Y Trading (AUS) Pty Limited (an Australian company). It is also the parent company of Shanghai Ditu International Freight Forwarder CO. Limited in Shanghai. From 6 November 2017 to 18 November 2021, QEX had two other directors, named Conor Joseph English and Danny Chan. Since 18 November 2021, Mr Xue has been the sole director of QEX.    QEX listed its shares on the NZXT Market in February 2018. On 11 October 2018, QEX migrated its share listing to the NZSX Main Board, the main board of the New Zealand stock exchange.  While listed on the stock exchange, QEX offered equity securities in the form of its shares to investors under a regulated offer under s 41 of the FMCA.   FMC reporting entities are entities that are required to prepare audited financial statements under the Financial Markets Conduct Act 2013 and include listed companies and companies that raise money under a Product Disclosure Statement.

Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, announced that it has partnered with NZX, the company operating New Zealand's equity, debt, funds, derivatives and energy markets, to deliver native connectivity to NZX for the upcoming launch of S&P/NZX 20 Index Futures. NZX will leverage TT's broad, global distribution channels and low latency connectivity to provide market participants with easy access and the ability to trade across global markets. Participants trading directly through the TT® platform will have access to the full range of sophisticated trade execution tools and functionality, including execution algorithms and algo trading tools, Autospreader®, ADL®, charting and analytics, and APIs. Nick Morris, General Manager, Cash and Derivatives Markets at NZX, said: "The launch of S&P/NZX 20 Index Futures is an important milestone for New Zealand's capital markets, and our collaboration with Trading Technologies is central to delivering this outcome. TT's global connectivity and execution technology will enable both local and offshore participants to access and trade New Zealand equity derivatives efficiently." Alun Green, EVP and Managing Director, Futures and Options for TT, said: "We're delighted that NZX chose TT as its partner on this high-priority project aimed at nurturing a liquid index futures market and contributing to the growth of New Zealand's capital markets ecosystem. We expect that the emergence of this market will enable local and global market participants to hedge their equity market risk and use our sophisticated trade execution tools as part of their multi-market strategies." Ben Altoft, Director, Operational Excellence ‑ FICC for Jarden, said: "Our derivatives business has been a proud TT client since 2019, so it's exciting to see TT partner with NZX on the launch of the S&P/NZX 20 Index Futures. This is a significant milestone for New Zealand's capital markets—and for our clients, it means access to world-class broking services across all markets, including NZX, through a single, powerful solution." Volumes traded on Asia-Pacific markets on the TT platform increased by over 16% in 2025, outperforming underlying growth on most markets, while the firm recorded a 25% increase in volume traded by its users in the region. TT provides market access and connectivity to more than 100 trading venues worldwide, with a global infrastructure that includes 14 data centers – including in Sydney, Singapore, Tokyo, Bangkok, Hong Kong, Taipei and Seoul. The TT platform, which handled more than 3 billion derivatives transactions alone in 2025, is the most widely used platform globally for futures and options on futures, in addition to its growing use across multiple asset classes. The platform earned more than 20 recognitions in 2025 for its high-performance technology and functionality, including Trading System of the Year and Derivatives Trading System of the Year in the FOW Asia Pacific Awards in September as well as Multi-Asset Trading System of the Year in the FOW International Awards 2026 in February.