EEX Group reports its March monthly volumes with record volume levels across several markets. In March, traded volumes on the EEX Group's Global Power markets rose by 59% Year-on-Year, reaching a new monthly record at 1,761.9 TWh. The European Power Spot markets reached a new monthly record at 91.9 TWh. The markets, operated by EPEX SPOT, showed increases both on the Day-Ahead (+16%) and the Intraday markets (+20%), with new records registered in several Intraday markets. The volume on the European Power Derivatives market significantly increased by 67%, reaching 1,373.2 TWh in total. March 2026 marked the highest monthly volume ever, with strong growth rates across all futures markets. Most notable are new EEX monthly records in German (962.1 TWh, +72%), Italian (108.4 TWh, +63%) and Spanish (35,8 TWh, +97%) as well as Belgian Power Futures (5.9 TWh, +199%). The EEX German Power Open Interest (OI) share continued at around 91% in the course of March.* The Nordic Power Futures showed the highest growth rate during the month (+759%) with 6.3 TWh traded which is a new monthly record. On the Nordic markets, the EEX System Price OI share has further increased (+131% YoY), in addition to significant annual growth across the Finnish, Swedish (SE2, SE3) and Danish (DK1, DK2) zones, several of which also hit all-time highs on EEX markets. The Japanese Power Futures market continued its growth trend, with another monthly record at 43.9 TWh, nearly tripling the volume YoY Trading on the EEX Group Natural Gas markets reported a strong growth of 55% year-on-year, resulting in a total volume of 1,067.0 TWh. While the European Gas Spot markets rose by 13% YoY to 315.5 TWh, trading in the European Gas Derivatives markets nearly doubled the volumes from March 2025 (+95%), reaching a total of 730.9 TWh. On the spot markets, growth was supported by the German THE (+31%), the French PEG (+11%) and the British NBP (+42%). In the derivatives markets, EEX recorded new monthly records in the Dutch TTF market (453.5 TWh, + 76%), the German THE (164.1 TWh, +173%) and the Italian PSV (17.8 TWh, +295%). In addition to these records, EEX saw high growth rates across the board on all gas derivatives markets. The European Environmental markets increased by 129% year-on-year to 164.6 million tonnes of CO2. This development was largely driven by the secondary market, where trading increased by 520% YoY. On this market, trading in Emission Futures sharply increased by 558% to 115.7 million tonnes of CO2, while spot trading increased by 99% year-on-year. The volume in EEX Group’s Guarantees of Origin (GO) markets grew by 166% YoY. This was mainly driven by a strong performance of the EEX GO Futures, which posted a new monthly record at 13.2 TWh, with an extraordinary growth rate of 529% as against March 2025. Also, the EEX Group Freight markets followed the overall trend, with an annual increase of 11%, reaching 149,481 lots.  Please find the full volume report in English and German below. EEX Group builds secure, successful and sustainable commodity markets worldwide – together with its customers. The group offers trading in power, natural gas, environmental products, freight and agriculturals as well as subsequent clearing and registry services, connecting a network of more than 1,000 trading participants. EEX Group consists of European Energy Exchange (EEX), EPEX SPOT, Power Exchange Central Europe (PXE), GET Baltic and Nodal Exchange as well as the software companies KB Tech and Lacima. Clearing is provided by EEX Group’s clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX Group is part of Deutsche Börse Group.  Related Files EEX Group Monthly Volumes – March 2026 pdf (156 KB) EEX Press Release - EEX Group Monthly Volumes – March 2026 (English | German)

Wedbush Fund Advisers, LLC has launched the Dan IVES Wedbush AI Power & Infrastructure ETF, which tracks the Solactive Wedbush AI Power & Infrastructure Index. The ETF is designed to provide investors with targeted exposure to companies positioned to benefit from the growing need for electricity generation, grid expansion, and energy-efficient technologies supporting the buildout of AI and digital infrastructure. This launch builds on the thematic vision and research of acclaimed technology analyst Dan Ives, whose perspective on the next phase of AI adoption played a central role in shaping the index’s design and focus. The rapid expansion of AI adoption is reshaping the physical infrastructure required to support the digital economy. As additional AI-focused data centers come online, demand is increasing for reliable electricity generation, transmission capacity, grid modernization, and technologies that improve energy efficiency across increasingly power-intensive systems. The Solactive Wedbush AI Power & Infrastructure Index is constructed using the research of technology analyst Dan Ives. ARTIS®, Solactive’s proprietary natural language processing technology, is used to establish a broad starting universe of companies relevant to AI infrastructure and electrification. From there, defined market capitalization and trading volume thresholds are applied, and companies must be included in the Wedbush Industry Note on Disruptive Technology titled, Physical Foundation of the AI Revolution: Energy a Key Beneficiary of Buildout (the “Wedbush Research Note”), to be eligible for selection. The index applies a modified market capitalization weighting approach, seeking to provide diversified and meaningful exposure across the AI power and infrastructure value chain. It is rebalanced quarterly, with additional updates possible following the publication of changes to the Wedbush Research Note. The ETF listed on 8th April 2026 on NYSE Arca under the ticker symbol IVEP. Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “After the successful launch of the Dan IVES Wedbush AI Revolution ETF last year, we are pleased to extend our collaboration with Wedbush Fund Advisers to the infrastructure side of the AI buildout. This is a prime example of how differentiated research can be combined with tailored index engineering to create targeted market access to one of the most important enablers of AI adoption.” “As AI adoption accelerates, energy and infrastructure are emerging as key drivers,” said Matt Bromberg, Chief Operating Officer of Wedbush Fund Advisers. “AI implementation and adoption ultimately require energy, and the scale of demand is creating meaningful opportunities for the companies enabling that buildout. We designed IVEP to provide investors access to this physical backbone of AI.”

The 12th official meeting of the U.S.-UK Financial Regulatory Working Group (Working Group) was hosted by the U.S. Department of the Treasury in Washington, DC on February 25, 2026. Senior officials from the U.S. Treasury and His Majesty’s (HM) Treasury were joined by representatives from the Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Bank of England, and Financial Conduct Authority. Participation varied across themes, with participants expressing views on issues in their organizations’ respective areas of responsibility. The Working Group emphasized close, ongoing U.S. and UK cooperation and focused on several key themes, including: 1) the economic and financial stability outlook, 2) the Transatlantic Taskforce for Markets of the Future (TTMF), 3) digital finance and innovation, and 4) regulatory modernization and developments. The meeting opened with a broad discussion of the U.S. and UK economic and financial stability outlooks, with participants taking stock of current economic trends and market conditions. Both U.S. Treasury and HM Treasury emphasized facilitating economic growth and cross-border activity, while also modernizing regulation and protecting financial stability. Participants received a progress report on the work of the TTMF, including a readout of a joint industry roundtable hosted in Washington, DC the prior day.  During this TTMF engagement, U.S. Treasury hosted representatives from HM Treasury, and U.S. and UK regulatory agencies, for a second round of industry engagement exploring opportunities to improve links between our capital markets and to collaborate on digital assets.  The TTMF aims to report back to both Treasuries with recommendations via the Working Group in summer 2026. Participants discussed issues related to digital finance and innovation, noting broad support for promoting the use and growth of digital assets and digital financial innovation globally. Authorities discussed their respective priorities for digital assets and provided updates on the progress of regulation in both jurisdictions, including to support the adoption of stablecoins for payments. UK participants also provided an update about their Digital Securities Sandbox, and the Working Group discussed potential opportunities to support cross-border innovation. Participants emphasized the importance of continued bilateral engagement on digital assets developments in their respective jurisdictions. Participants also shared recent developments in their respective work on payments modernization.  Representatives exchanged views on their respective approaches to artificial intelligence (AI) and both current and future uses of AI in financial services. U.S. and UK authorities discussed ways to work together, to realize the potential of this technology and mitigate the potential risks of AI in financial services. The Working Group discussed approaches to cybersecurity and operational resilience for supervised institutions and their use of critical third parties, including opportunities for authorities’ further engagement. Participants continued discussions about the importance of working with industry to improve the resilience of the financial sector. The Working Group continued with a discussion of developments in non-bank financial intermediation (NBFI), with participants providing updates on their respective domestic agendas and support for continued international engagement on this topic. Participants also offered an overview of developments in their domestic banking systems and banking regulation. Participants conferred on the investment environment, including capital markets regulation. HM Treasury set out the UK government’s program of reforms to reinvigorate capital markets, including its commitment to move to a T+1 settlement cycle in October 2027.  The Working Group plans to formally reconvene in summer 2026 to continue its ongoing biannual dialogue, first established in 2018 to deepen bilateral regulatory cooperation between the UK and the U.S. and to enhance robust economic growth; financial stability; investor protection; fair, orderly, and efficient markets; and capital formation across both jurisdictions. 

Haruko, a leading provider of institutional digital asset technology, is proud to announce its integration with STS Digital one of the world’s leading principal derivatives trading firms. This strategic collaboration enhances Haruko’s ability to deliver secure, scalable, and comprehensive portfolio risk management workflows tailored for institutional investors.   Through this integration, STS Digital users will access real-time insights into trading activity, positions, and market exposure. Haruko consolidates data across STS Digital and other venues, providing a unified view of digital asset portfolios alongside advanced pricing, risk analytics, and performance reporting.   “Our collaboration with STS Digital is another step toward building a more connected, transparent and efficient institutional digital asset ecosystem,” said Shamyl Malik, CEO of Haruko. “By integrating with STS Digital, we’re empowering institutional risk managers with the precision and clarity they need to navigate complex markets. This collaboration allows our clients to gain a unified view of their exposures, driving better decision-making and robust operational control. Together, we are setting a new standard for confidence in digital asset management.”    STS Digital is the leading regulated principal trading firm for digital asset derivatives, offering institutional clients vanilla and exotic options, spot, and structured products across more than 400 tokens via UI, API, and voice. The integration with Haruko follows the recent launch of its structured products platform and a $30 million strategic round led by CMT Digital, reinforcing the firm's position at the centre of institutional options infrastructure.    “Through this integration, Haruko clients who trade options on STS Digital's platform can now view those positions on an aggregated basis alongside all their other venues in a single risk dashboard," said Maxime Seiler, CEO and Co-Founder, STS Digital. “With access to vanilla and exotic options, along with full visibility of trade history, exposures, and P&L through Haruko, institutions can engage with digital asset options markets more seamlessly than ever.”   As institutional participation in digital assets accelerates, the need for transparency and operational clarity continues to grow. The collaboration between Haruko and STS Digital reflects a broader shift toward integrated infrastructure, where trading and risk management operate seamlessly together.  

Exegy, a leading provider of market data, trading technology, and managed services for the capital markets, today announced a significant performance enhancement to nxAccess, its FPGA-based trading engine. The update introduces the Session Override feature and expanded connectivity options, delivering an impressive 71% reduction in execution-stack latency to help firms capture every market opportunity. As electronic trading infrastructure grows increasingly complex, the ability to choose the optimal path to local and remote venues is a significant driver of execution performance. The latest evolution of nxAccess addresses this by giving firms the agility to bypass traditional hardware constraints and pivot to the fastest available session or network link at the moment of execution. “In today's fragmented markets, the fastest route at market open isn't necessarily the fastest at midday. Relying on static configurations creates 'latency leakage' that firms can no longer afford. nxAccess bridges this gap by turning connectivity into a dynamic asset rather than a hardware bottleneck," said Olivier Cousin, Director of Product, FPGA Solutions at Exegy. “This reduction allows firms to maintain deterministic performance even during high-burst volatility, ensuring orders are filled at intended prices." The centerpiece of this release is Session Override, a built-in capability of nxAccess that allows firms to monitor session performance in real-time. Because local exchange latency can fluctuate throughout the day, Session Override enables an algorithm to select the best-performing session the instant a trigger occurs. Key benefits and enhancements of the new nxAccess release include: ‌Dramatic Latency Improvement: Achieves up to a 71% reduction in execution-stack latency, measured from Start-Of-Packet (SOP) to Start-Of-Packet (SOP) on the switch, ensuring deterministic performance for the most demanding environments. ‌Dynamic Session Optimization: The new Session Override feature allows firms to use their own software to measure session performance in real-time and automatically pivot to the fastest available path without the need for hardware re-coding. ‌Expanded Connectivity for Premium Links: Beyond standard TCP, nxAccess now supports UDP-based multicast and raw Ethernet frame transmission “out of the box”, allowing firms to leverage ultra-low latency wireless and private links immediately. ‌Accelerated Time-to-Production: As an off-the-shelf FPGA platform, nxAccess combines the raw speed of hardware with the flexibility of software, allowing firms to deploy these performance improvements without the long development cycles typical of custom FPGA builds. nxAccess is Exegy’s premier FPGA-based trading engine, designed to load order templates via software while using hardware-level logic to trigger, update, and transmit orders with nanosecond precision.

TS Imagine, a leading global cross-asset provider of trading, portfolio, risk management and prime brokerage solutions, today announces a new module within its comprehensive, cross-asset class platform, designed to provide a fully integrated system for managing the economics and risk of swaps. The solution introduces a modular approach for synthetic prime brokerage desks and asset managers, replacing end-of-day reconciliation with a single, real-time intra-day view across swap positions and hedge books. User benefits include: Significantly reduced operational overhead through elimination of manual processes Real-time intraday P&L visibility of risk, hedge discrepancies and more Native P&L attribution for streamlined regulatory reporting  Reduced reconciliation breaks and investigation time  The module is available across TS Imagine’s platform to users of SwapSmart, TS Imagine’s swaps lifecycle management engine, RiskSmart+, its real-time risk and P&L platform, and TradeSmart, its multi-asset order and execution management system. Regardless of the role the user plays within the investment lifecycle, they benefit from a unified, intraday view of the entire portfolio, including swap positions and corresponding cash equity hedges within a single system. The module also delivers embedded regulatory-grade P&L attribution, including full Volcker Rule decomposition, removing the need for manual overlays and streamlining compliance. The platform supports a wide range of instruments, including but not limited to, single name and index TRS, basket and portfolio swaps, CFDs and multi-asset underlying's, and is designed to meet the operational and regulatory demands of institutional prime brokerage desks and asset managers. Its architecture has already been validated against the requirements of large institutional synthetic prime broker clients. “The days of the patchwork trading desk are over. Our users do not have time to navigate fragmented technology systems while also managing performance swaps and monitoring P&L and risk in real-time. They need one stack to cover price discovery and execution through every swap’s lifecycle event,” said Rob Flatley at TS Imagine. “By replacing fragmented workflows and end-of-day reconciliation with a unified, real-time view, we are empowering our users to operate with greater precision, speed, and control.” TS Imagine's platform delivers comprehensive coverage across the entire trade lifecycle — from pre-trade through post-trade — within a single, seamlessly integrated environment. By collapsing fragmented systems into one operating environment, TS Imagine reduces cost, accelerates deployment, and creates a defensible competitive moat for clients. Natively integrated modules eliminate data handoffs and latency, enabling fluid transitions across front and middle office workflows. Built to support all major asset classes — including equities, fixed income, FX, and derivatives — the platform scales to meet the sophisticated demands of large, global institutions, with built-in multi-region compliance and margin optimization. Centralized real-time and historical market data ensures consistent pricing, analytics, and confident decision-making.

Vietnam reclassification from Frontier to Secondary Emerging market status  Nigeria reclassification from Unclassified to Frontier market status  FTSE Russell, the global index provider, today published the results of its March 2026 semi-annual country classification review for countries monitored by its global equity and fixed income indices. Equities FTSE Russell confirms the reclassification of Vietnam from Frontier to Secondary Emerging market status, effective from the open on Monday 21 September 2026, The March interim assessment considered progress in enabling access to global brokers, which is essential to support index replication and meet the needs of the international investment community. FTSE Russell recognises the progress made by the Vietnamese market authorities in evolving market infrastructure, including the removal of the prefunding requirement for Foreign Institutional Investors through the implementation of a non-prefunding model and the establishment of a formal process for handling failed trades. FTSE Russell confirms that Vietnam meets all criteria for Secondary Emerging market status under the FTSE Equity Country Classification Framework and will continue to monitor developments closely ahead of the September 2026 effective date. David Sol, Global Head of Policy at FTSE Russell, says:“FTSE Russell welcomes the continued progress made by the Vietnamese market authorities in aligning with international standards. The March interim review confirms that the key enhancements required to support the planned reclassification in September 2026 remain on track.” FTSE Russell confirms through the March 2026 interim review that Nigeria will be reclassified from Unclassified to Frontier market status and that Greece continues to meet all the requirements for reclassification from Advanced Emerging to Developed market status, with both reclassifications scheduled to take effect in conjunction with the FTSE Frontier annual review and the FTSE Global Equity Index Series September 2026 semi-annual review, effective from the open on Monday 21 September 2026. Fixed income FTSE Russell is pleased to announce that inclusion of South Korean government bonds in the FTSE World Government Bond Index has commenced effective with April 2026 index profiles and will be phased in over an eight-month period. As previously announced, Slovakia will be added to the FTSE World Government Bond Index effective with the June 2026 index profiles, having met the relevant market size, credit rating and Market Accessibility Level requirements as of the September 2025 FTSE Fixed Income Country Classification Review. More information on the Equity Country Classification and Fixed Income Country Classification an be found on our website. The next update will be published in September 2026.

The Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the National Credit Union Administration (NCUA) (collectively, the “Agencies”) today invite public comment on a proposed rule to amend the respective requirements for their supervised institutions to establish and maintain effective risk-based anti-money laundering and countering the financing of terrorism (AML/CFT) programs designed to identify, assess, and mitigate risks of illicit finance. The amendments are intended to align each agency’s AML/CFT rules with changes concurrently proposed by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The Bank Secrecy Act (BSA) refers to the statutory framework imposing various AML/CFT regulatory requirements on financial institutions, including banks and credit unions supervised by the Agencies. In 2020, Congress passed the Anti-Money Laundering Act of 2020 (AML Act), which directed FinCEN and the Agencies to modernize and strengthen the AML/CFT regulatory framework to encourage more effective outcomes for financial institutions, regulators, law enforcement, and national security agencies. The Agencies are proposing to revise their respective regulations to reflect these broader revisions to the BSA, as well as to ensure consistency between FinCEN’s and the Agencies’ separately authorized compliance program requirements. Among other changes, the proposed rule would: Incorporate the AML Act provision that a bank’s AML/CFT program should be risk-based, including ensuring that banks direct more attention and resources toward higher-risk customers and activities, consistent with the risk profile of the institution, rather than toward lower-risk customers and activities. Describe the requirements for a bank to establish an AML/CFT program; explicitly incorporate FinCEN’s existing customer due diligence requirement; and clarify that a bank’s designated AML/CFT officer must be located in the U.S. and accessible to regulators. Require that once a bank has properly established its AML/CFT program, the institution maintains that program in all material respects. In addition, the proposed rule would clarify that only significant or systemic failures to implement a properly established program would warrant an “AML/CFT enforcement action” or a “significant AML/CFT supervisory action.” Enhance FinCEN’s role in the Agencies’ supervision and enforcement process by establishing a new consultation framework for certain actions by the Agencies. Clarify that banks may share any information with FinCEN related to certain AML/CFT supervisory and enforcement actions. Comments on the proposed rule are due 60 days after the date of publication in the Federal Register. Related Link Notice of Proposed Rulemaking: Anti-Money Laundering and Countering the Financing of Terrorism Program Requirements (PDF)

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the agencies) today jointly issued a final rule that codifies the elimination of reputation risk from their supervisory programs. The rule defines “reputation risk” and prohibits the agencies from criticizing or taking adverse action against an institution on the basis of reputation risk. The rule also prohibits the agencies from requiring, instructing, or encouraging an institution to close customer accounts or take other actions on the basis of a person or entity’s political, social, cultural, or religious views or beliefs, constitutionally protected speech, or solely on the basis of politically disfavored but lawful business activities perceived to present reputation risk. This rule also responds to concerns expressed in Executive Order 14331, Guaranteeing Fair Banking for All Americans, that the use of reputation risk can be a pretext for restricting law-abiding individuals’ and businesses’ access to financial services on the basis of political or religious beliefs or lawful business activities. Related Link Federal Register (PDF)

The Securities and Exchange Commission today announced enforcement results for the fiscal year that ended on September 30, 2025. Central to an effective enforcement program is determining which cases to bring and responsibly stewarding Commission resources. Regrettably, such resources have been misapplied in prior years to pursue media headlines and run up numbers, and in turn, led to misguided expectations on what constitutes effective enforcement. Fiscal Year 2025 Results & Supporting Context During fiscal year 2025, the Commission filed 456 enforcement actions, including 303 standalone actions and 69 “follow-on” administrative proceedings seeking to bar or suspend individuals from certain functions in the securities markets based on criminal convictions, civil injunctions, or other orders, and obtaining orders for monetary relief totaling $17.9 billion. These enforcement actions addressing a broad range of misconduct demonstrate the Commission’s prioritization of cases that directly harm investors and the integrity of the U.S. securities markets, including offering frauds, market manipulation, insider trading, issuer disclosure violations, and breaches of fiduciary duty by investment advisers. The results do not include the 1,095 matters in which potentially violative conduct was investigated and which were closed, the several matters where market participants remediated their practices, or cases that were otherwise not pursued. FY 2025 was a unique period of transition for the enforcement division never experienced before in modern SEC history. It was characterized by an unprecedented rush to bring a significant number of cases in advance of the presidential inauguration[1] and the aggressive pursuit of novel legal theories under the prior Commission. This period brought about the current Commission’s resolution of prior cases that were not sufficiently grounded in the federal securities laws. The current Commission deliberately refocused the enforcement program on matters of fraud—cases that inherently require more time and resources to develop and bring, often requiring up to two or more years to manifest results. Since fiscal year 2022, the prior Commission brought 95 actions and $2.3 billion in penalties against firms for book-and-record violations, specifically failing to maintain and preserve off-channel communications. Together with seven crypto firm registration-related and six ‘definition of a dealer’ cases, these cases identified no direct investor harm from those violations, produced no investor benefit or protection, and demonstrate what the current Commission views as a misinterpretation of the federal securities laws, a misallocation of Commission resources, and a bias for volume of cases brought versus matters of investor protection. This year’s enforcement results clarify the flaws of these actions and their respective penalties and re-establish the definition and measure of enforcement effectiveness, grounded in Congress’s original intent and focused on bringing actions that actually prevent investor harm instead of headlines and inflated numbers. Going forward, enforcement priorities and results will be linked to the Commission’s and the Division’s core mandate, and will thus contemplate the following elements to fulfill its mission: Standing up to fraud in its many forms and those market participants engaged in such misconduct; addressing the fraudulent and manipulative conduct of the parties in question through appropriate remediation; and repaying investors’ losses when harmed. “Over the past year, the Commission has put a stop to regulation by enforcement and recentered its enforcement program on the Commission’s core mission by prioritizing cases that provide meaningful investor protection and strengthen market integrity,” said SEC Chairman Paul S. Atkins. “We have redirected resources toward the types of misconduct that inflict the greatest harm—particularly fraud, market manipulation, and abuses of trust—and away from approaches that prioritized volume and record-setting penalties over true investor protection. A key part of this course correction is a renewed emphasis on holding individual wrongdoers accountable, which promotes stronger deterrence and better safeguards investors. I am proud of the staff’s work in advancing an enforcement program grounded in sound judgment, clear legal authority, and the real-world needs of the investing public.” “I fully support the move away from using enforcement as a tool for policymaking, and the return to the Commission’s historical norms,” said SEC Commissioner Mark T. Uyeda. “We will remain focused on coherent and transparent policymaking, as well as meaningful engagement with market participants to promote compliance, and wield the authority of enforcement in a more appropriate manner, guided by investor protection above all.”  Supporting Detail In connection with its fiscal year 2025 enforcement actions, the Commission obtained orders for monetary relief totaling $17.9 billion, of which was $10.8 billion in disgorgement of ill-gotten gains and prejudgment interest and $7.2 billion in civil penalties. And some of the actions in which the Commission obtained orders for monetary relief included disgorgement amounts that the Commission deemed satisfied, in whole or in part, by a court order in a separate non-SEC action (e.g., a restitution or forfeiture order in a parallel criminal proceeding). After excluding these “deemed satisfied” amounts, which historically had not been broken out or excluded in annual Commission statistics, and the judgments against Robert Allen Stanford and other defendants in the Commission’s long-running litigation concerning their $8 billion Ponzi scheme, the monetary relief obtained in fiscal year 2025 totaled $1.4 billion in disgorgement and prejudgment interest and $1.3 billion in civil penalties. In fiscal year 2025, some market participants self-reported violations, co-operated meaningfully[3] with the Division’s investigations, and/or remediated[4] securities law violations. As a result, the Division recommended, and the Commission approved, resolutions imposing reduced civil penalties[5] or declined to recommend an enforcement action against a party. During fiscal year 2025, the Commission returned approximately $262 million to harmed investors and awarded approximately $60 million to 48 individual whistleblowers. In addition, the SEC received a record 53,753 tips, complaints, and referrals in fiscal year 2025, nearly 19 percent more than in the prior fiscal year. Protecting Retail Investors The fiscal year 2025 enforcement results demonstrate the Commission’s focus on protecting the interests of retail investors, who may be particularly vulnerable to securities fraud, while prioritizing identifying and remedying fraudulent conduct. The Division devoted significant resources to this critical area in fiscal year 2025 and brought actions to address conduct involving fraudsters who targeted veterans, seniors, and members of a religious community. The Division filed several noteworthy actions, including: Paramount Management Group, LLC, Prestige Investment Group, LLC, and their founder, Daryl F. Heller, in connection with a Ponzi scheme that allegedly defrauded approximately 2,700 investors, many of whom were retail investors, and resulted in $400 million in investor losses; First Liberty Building & Loan, LLC and its owner, Edwin Brant Frost IV, in connection with an alleged Ponzi scheme that defrauded approximately 300 investors of more than $140 million; Nightingale Properties, LLC and its founder Elchonon “Elie” Schwartz in connection with allegedly raising $60 million from approximately 700 retail investors through false representations and misappropriating more than $52 million in investor funds; Massachusetts-based biopharmaceutical company Allarity Therapeutics, Inc. for disclosure failures that concealed from the investing public a harsh critique levied by the FDA regarding the company’s flagship cancer drug candidate; and Vanguard Advisers, Inc., a registered investment adviser, for failing to adequately disclose conflicts of interest when recommending to prospective and existing clients that they enroll in a fee-based advisory service that provided ongoing portfolio management of their accounts. Holding Individual Wrongdoers Accountable In fiscal year 2025, the Commission prioritized charging individuals for violating federal securities laws and will continue to do so. Of the standalone actions filed during this past fiscal year, approximately two-thirds involved charges against one or more individual bad actors (a 27 percent year-over-year increase), and nearly nine out of every 10 standalone actions filed under Acting Chairman Uyeda and Chairman Atkins involved individual charges. The Commission also obtained orders barring 119 individuals from serving as officers and directors of public companies. Holding individual wrongdoers accountable benefits the investing public by seeking to provide specific and general deterrence, and, particularly where injunctive and other non-monetary remedies are imposed, protecting markets and investors from future misconduct by those same bad actors. Combatting Securities Fraud Wherever it Occurs The Commission continued to pursue enforcement actions involving potential market manipulation, such as account takeover and “pump-and-dump” or “ramp-and-dump” schemes involving foreign-based companies and gatekeepers. In September 2025, the Commission formed the Cross-Border Task Force to help address the serious threat that fraudsters located abroad pose to U.S. investors and markets, and several enforcement actions from fiscal year 2025 demonstrate the Commission’s commitment to pursuing transnational fraud that harms American investors. Safeguarding Markets from Abusive Trading Central to the Commission’s enforcement efforts are detecting and deterring market abuses, including insider trading, market manipulation, and myriad other practices that interfere with fair, orderly, and efficient markets. In fiscal year 2025, the Commission brought a number of actions covering a wide range of abusive trading practices, including against a California resident for allegedly conducting a manipulative trading scheme known as “spoofing” through which he obtained approximately $234,000 in ill-gotten gains. The Commission also filed insider trading charges against, among others: a former Vice President of Drug Safety and Pharmacovigilance at a biopharmaceutical company; a former investor relations executive and two others; and a former Head of Equity Trading at an investment firm. Deploying Resources Judiciously as to Emerging Technologies In fiscal year 2025, the Commission made a necessary course correction in its approach to enforcing the federal securities laws in the context of crypto assets.[6] The Division remains committed to detecting, deterring, and bringing actions against those seeking to take advantage of investors by misusing new technologies. In February 2025, the Commission announced the launch of the Cyber and Emerging Technologies Unit to complement the work of the Crypto Task Force and to protect investors by combatting misconduct as it relates to securities transactions involving blockchain technology, AI, account takeovers, cybersecurity, and other areas. During fiscal year 2025, the Division charged: New York City-based Unicoin, Inc. and four of its current or former top executives for alleged false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin tokens and in an offering of Unicoin, Inc.’s common stock; PGI Global founder Ramil Palafox for allegedly orchestrating a $198 million crypto asset and foreign exchange fraud scheme that involved the offer and sale of “membership” packages, which he claimed guaranteed investors high returns from supposed crypto asset and foreign exchange trading, and for misappropriating more than $57 million; and The founder and former CEO of artificial intelligence company Nate, Inc. with fraudulently soliciting investments and raising more than $42 million through the sale of company stock by allegedly making false and misleading statements about the company’s use of artificial intelligence. Litigation Highlights The Division prevailed in several cases at trial and on summary judgment in fiscal year 2025, including: Trial Victories SEC v. Gallagher (S.D.N.Y.) – In 2021, the Commission charged defendant Steven M. Gallagher with allegedly committing securities fraud through a scheme to manipulate stocks using Twitter. In September 2025, after a nine-day trial, the jury found Gallagher liable for securities fraud and manipulative trading. As demonstrated at trial, between December 2019 and October 2021, Gallagher used his Twitter account to encourage his numerous followers, including many retail investors, to buy stocks in which Gallagher had already amassed holdings. Gallagher then sold those stocks while he continued to recommend others buy them, never disclosing that he was selling the stocks. Gallagher repeated this pattern with more than 30 microcap stocks, making illicit trading profits in excess of $2.6 million. For two of these stocks, Gallagher was also found to have engaged in manipulative trading by “marking the close” – a strategy involving placing end-of-day orders to buy stock at above-market prices to artificially increase the stock’s price. SEC v. Minuskin, et al. (S.D. Cal.) – In 2022, the Commission charged defendant Thomas F. Casey and other co-defendants for their alleged roles in a fraudulent securities offering that targeted retirees’ retirement accounts. In June 2025, after a five-day trial and less than two hours of deliberation, the jury found Casey liable for inducing more than 200 people to invest in excess of $10 million into Golden Genesis, a venture to supposedly create blood banks for selling human plasma from young donors for anti-aging treatments, based on false claims including that the investments would generate guaranteed high returns and be secured by the company’s assets. As demonstrated at trial, the funds were not secured, and Casey used investor funds to compensate himself and to prop up the scheme by paying back other investors, causing approximately $8 million in losses to the victims. SEC v. Cutter Financial Group, et al. (D. Mass.) – In 2023, the Commission charged Massachusetts-based investment adviser Jeffrey Cutter and his advisory firm, Cutter Financial Group, LLC, for allegedly recommending that their advisory clients invest in insurance products that paid a substantial up-front commission without adequately disclosing the defendants’ financial incentive to sell the products. In April 2025, after a seven-day trial, the jury found Cutter and his firm liable for violating Section 206(2) of the Investment Advisers Act of 1940. The jury found for the defendants on claims the Commission alleged under Sections 206(1) and (4) of the Act. Summary Judgment Victories SEC v. Brown, et al. (N.D. Tex.) – In 2024, the Commission charged defendants Matthew Brown and his company for allegedly engaging in a fraudulent scheme to submit and publicly tout a bogus offer to invest $200 million in Virgin Orbit Holdings, Inc., which was on the verge of bankruptcy. Among other things, to convince Virgin Orbit that the offer was legitimate, the Commission’s complaint alleged that Brown sent Virgin Orbit a fabricated screenshot of his company’s bank account purporting to show a balance of more than $182 million, when the bank account had less than $1. In August 2025, the court granted the Commission’s motion for summary judgment and found that Brown and his company violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. SEC v. Melton, et al. (M.D.N.C.) – In 2023, the Commission charged recidivist Marshall Melton and a business he controlled with allegedly conducting an offering fraud that largely targeted older investors. In April 2025, the court granted the Commission’s motion for summary judgment and found that Melton and his business violated the antifraud provisions of the federal securities laws by raising funds purportedly for a real estate development project without disclosing to investors that he actually was using the funds for personal and unrelated expenses. The court also found that the defendants had an affirmative duty to disclose Melton’s securities disciplinary history. [1] Press Release, SEC Announces Record Enforcement Actions Brought in First Quarter of Fiscal Year 2025 (Jan. 17, 2025): (“the most actions filed in their respective periods since at least 2000.”) [2] E.g., In the Matter of MUFG Securities EMEA plc, Exch. Act Release No. 103646, Admin. Proceeding File No. 3-22504 (Aug. 6, 2025). (Aug. 6, 2025) [3] E.g., In the Matter of Sourcerock Group, LLC, Exch. Act Release No. 103629, Admin. Proceeding File No. 3-22502 (Aug. 4, 2025). (Aug. 4, 2025) [4] E.g., In the Matter of Empower Advisory Group, LLC and Empower Financial Services, Inc., Exch. Act Release No. 103809, Admin. Proceeding File No. 3-22517 (Aug. 29, 2025). (Aug. 29, 2025) [5] E.g., Press Release, SEC Charges Three Broker-Dealers with Filing Deficient Suspicious Activity Reports (Nov. 22, 2024). [6] Beginning in February 2025, the Commission dismissed seven enforcement actions brought by the prior Commission involving crypto assets: SEC v. Coinbase, Inc., et al. (Feb. 27, 2025); SEC v. v. Cumberland DRW LLC (Mar. 27, 2025); SEC v. Consensys Software Inc. (Mar. 27, 2025); SEC v. Payward, Inc., et al. (Mar. 27, 2025); SEC v. Dragonchain, Inc. (Apr. 30, 2025); SEC v. Balina (May 2, 2025); and SEC v. Binance Holdings Limited, et al. (May 29, 2025). Resources Addendum - FY25 Enforcement Statistics

Eighteen years on from the global financial crisis of 2008, the rollout of central clearing, margining of non-cleared derivatives trades and higher capital requirements has completely reshaped derivatives trading and risk management. But effective regulation requires regular monitoring to ensure the rules are working as intended, without adverse consequences for financial markets and the broader economy. Sometimes, fine-tuning may be needed to improve the calibration of the rules. This edition of IQ shines a light on several areas of the post-crisis regulatory framework where recalibration is on the cards. The first is the completion of Basel III in key jurisdictions. In the US, regulators published a new proposal on March 19 that makes significant improvements, but some further adjustments may be needed to achieve an appropriate, risk-sensitive capital framework. In the UK, the Basel 3.1 framework was finalised in January for implementation at the start of 2027, but the Prudential Regulation Authority has delayed the internal models approach for market risk by one year to allow more time to get the calibration right. One of the more subtle changes since the financial crisis is that central clearing and margin requirements have drawn securities financing transactions (SFTs) and derivatives markets closer together. In a recent whitepaper, ISDA made a series of recommendations for adjustments to the prudential framework to better reflect the secured, short-dated and collateralised nature of SFT exposures. One area of the post-crisis regulatory framework that has been particularly challenging has been trade reporting, with inaccuracies, duplication and delays in reported data. Recent consultations from EU and UK regulators on ways to simplify, streamline and reduce the burden of reporting could be a positive step forward. As the rules are improved, ISDA’s Digital Regulatory Reporting initiative enables firms to reduce the cost and burden of implementation, while improving the accuracy and consistency of reported data. Click on the attached PDF to read IQ in full. Documents (1)for Measured Adjustments – IQ April 2026 Measured Adjustments - IQ April 2026(pdf)

Nodal Exchange today announced strong performance in power, environmental, and natural gas trading in the first quarter of 2026. Nodal continues to be the market leader in North American power futures achieving 56% of the open interest with 1.5 billion MWh at the end of Q1, representing over $161 billion of notional value (both sides), at the end of March.  This is roughly equivalent to the electricity usage of 140 million U.S. households for one year. The traded volume in March was 253 MWh, up 31% from a year earlier. In its natural gas market, Nodal posted a record Q1 with 320 million MMBtu gas futures volume traded, surpassing Q1 2025’s record of 278 million. Environmental futures and options on Nodal Exchange posted volume of 211,847 lots in Q1 2026 and ended March with open interest of 448,391 lots, up 7% from a year earlier. Carbon futures and options across CCA, RGGI and WCA products posted volume of 63,133 lots in Q1, up 70% from a year earlier and ended March with open interest of 53,018 lots, up 3%. Renewable energy certificate (REC) futures and options ended the month with open interest of 377,482 lots, up 16% from a year earlier. Additionally, Nodal Exchange and IncubEx announced the successful launch and first trade of financially settled California Carbon Allowance (CCA) futures and options contracts on March 30, 2026. “Nodal Exchange is delighted with its strong first quarter results across asset classes and appreciates the ongoing market support of its community,” said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear. “Nodal Exchange is grateful to be able to offer the world’s largest sets of power and environmental products and to be able to serve our markets’ risk management needs.”  

The Ontario Securities Commission (OSC) is warning Ontario investors that the following companies are not registered to deal or advise in securities in Ontario: Tarillium IPO Capital Alchemay Altrix-Edge fx-crypto.pro forex5.me XBTDIRECTPRO Harbour Nature Trade Peak Return Global AIGTI.NET (aka GTI and GTI11) Summit Edge Brokers (aka Summit Edge Ventures) Elite Krypto Hub Bitforex Windsor Brokers (BZ) Ltd Belvars Platform Bovei Financial Limited One Touch Investment Nexverges Neural Meta Media Ltd. Three Red Group (aka 3 Red Groups) Silver Bridge Wealth Club Carlisle Cap X (aka Carlisle Capital) Coin Gold Rush Macro Venture Group (aka Metro Venture Group) AI4SOL Instaxchange Hylink Quantum Carrendor Group PU Prime Elon Musk AI Trading Quantum AI Canada (aka Quantum AI Q) Capstone Ltd. JDNX (aka JD Trader) Spay SP PTE CryptoXTrades Sure Trade Global Northern Markets Metamax Phyx Trade Ltd. Karbonate Minerals Corp. Twentyonevc (aka SP Jexoro) Calvenridge Trust At the OSC, we issue investor warnings and alerts about possible harmful or illegal activity in progress, and maintain a warning list of companies or individuals performing activities that may pose a risk to investors. A full list of OSC investor warnings and alerts is available on the OSC’s website. Investors can sign up for email notifications when new warnings and alerts are issued and can follow the OSC’s X feed at @OSC_News. Ontarians who have been approached by any of the individuals or firms listed above, or any other unregistered company or individual, are advised to contact the OSC Contact Centre at 1-877-785-1555 or via email at inquiries@osc.gov.on.ca. Always check the registration of any person or business trying to sell you an investment or give you investment advice. This can be done by visiting the Check Before You Invest or the Crypto businesses pages on the OSC website. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at https://www.osc.ca.

The Canadian Investment Regulatory Organization (CIRO) released its Annual Priorities for fiscal year 2027 (April 1, 2026, to March 31, 2027), outlining a focused set of actions to strengthen investor protection, enhance market integrity and support confidence in Canada’s capital markets. Fiscal year 2027 marks the final year of CIRO’s 2025–2027 Strategic Plan. CIRO’s Annual Priorities give members, investors, and industry stakeholders clear, actionable themes and initiatives that strengthen transparency, provide regulatory direction, and support accountability. Consistent with prior years, the Annual Priorities were developed with the following principles in mind: Ability to deliver on the strategic objectives set out in our three-year Strategic Plan; Consideration for changes that may require us to pivot and respond as the industry changes, and; Impacts to members, investors, and other stakeholders, including the time and cost that may be involved for them to respond to CIRO initiatives. “CIRO’s 2027 Annual Priorities demonstrate how we continue to deliver on our strategic priorities while demonstrating how we are forward-looking and responsive to a rapidly changing environment,” said Alexandra Williams, Senior Vice-President, Strategy, Innovation, and Stakeholder Protection at CIRO. “As the regulatory environment continues to evolve, CIRO will remain agile and responsive to emerging risks and changing market conditions. We are focused on delivering value in areas that matter to stakeholders, including strengthening cyber resilience and ensuring investors are protected.” 2027 Annual Priorities Highlights CIRO will continue advancing initiatives across its six strategic objectives identified in the Strategic Plan, with a focus on delivering tangible outcomes for investors and the industry. Integration - CIRO will wrap up key integration initiatives to reduce regulatory complexity and improve efficiency, including publishing a final harmonized rulebook consolidating investment dealer and mutual fund dealer rules and advancing reforms to registration and continuing education frameworks. Investor Research, Education and Protection - CIRO will also take important steps to advance investor protection initiatives, including efforts to remove fraudulent websites, improve account transfer processes and deepen research into investor behaviours. As part of this work, CIRO will review the complaint handling resolution timelines. This work builds on recent and ongoing initiatives to strengthen the overall complaint handling framework. CIRO has proposed a harmonized complaint reporting and handling rule, issued for comment as the latest phase of its Rule Consolidation Project, with the goal of creating more consistency and clarity across the industry. Regulatory Evolution - CIRO will continue to modernize its regulatory approach by enhancing operational efficiency through technology and automation, expanding its regulatory sandbox, InnovateSafe, and strengthening cyber resilience across the industry through new data frameworks and targeted exercises. Cyber resilience will remain a priority area given its vital role in investor protection and maintaining confidence in the financial system. Access to Advice – Access to advice remains a top priority, with a focus on assessing and refining the regulatory framework for tailored online advice, to better support the evolving needs of Canadian investors. Registration and Proficiency - CIRO will also modernize its registration framework by operationalizing delegated registration responsibilities across Canada, improving efficiency and consistency in how registrants are overseen. Market Regulation - CIRO will enhance transparency and effectiveness in market oversight by publishing its first annual Market Regulation report and reviewing Universal Market Integrity Rules (UMIR) to better support smaller dealers and junior issuers. For more information, read the full 2027 Annual Priorities.

TMX Group Limited today announced March 2026 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), including Alpha-X & Alpha DRK, and Montréal Exchange (MX). Related Document:TMX Group Consolidated Trading Statistics – March 2026

A growing number of Britons are trading financial markets independently, creating demand for structured training and insight as retail participation in investing continues to rise. Recent industry data shows that more than 2.7 million UK adults now use online platforms to invest or trade financial assets, while roughly 23% of adults have invested in stocks outside their pension. At the same time, an estimated hundreds of thousands of retail traders actively participate in leveraged markets such as forex and derivatives, often alongside full-time jobs rather than as professional investors. However, market commentators such as the FCA have increasingly raised concerns about the lack of formal education among retail traders, many of whom rely on fragmented online sources or social media for information about markets. Against this backdrop, AIFO, a global prop-trading and trading education platform, has launched in the UK with the aim of supporting independent traders through structured training and market insight. The platform combines access to trading capital with an education programme delivered through its AIFO Academy, which covers areas such as trading strategy, market analysis and risk management. AIFO says the platform has been designed to address the gap between the growing accessibility of financial markets and the limited availability of structured learning resources for individual traders. “Retail participation in financial markets has increased dramatically over the past decade, but the educational infrastructure supporting it has not developed at the same pace,” said Jun Yu, CEO & Founder at AIFO. “Many individuals approach trading as a side activity or personal interest, but the markets require discipline, knowledge and structured learning. The aim of the platform is to provide a framework that helps traders develop those skills.” Users on the platform undertake structured trading challenges designed to demonstrate their trading ability while adhering to predefined risk parameters. Those who successfully complete these challenges can then access additional trading capital. Alongside this model, the company has placed particular emphasis on its education offering, which is intended to support traders ranging from beginners exploring financial markets for the first time to more experienced participants seeking to refine their strategy. The launch comes amid broader growth in retail market participation, particularly among younger investors. Surveys in recent years have shown that younger adults are significantly more likely than previous generations to experiment with trading stocks, cryptocurrencies and other financial instruments using digital platforms. At the same time, regulators have repeatedly highlighted the risks associated with speculative trading activity where individuals lack an understanding of market mechanics, leverage and risk management. AIFO says its approach aims to address these concerns by emphasising structured learning, transparency and disciplined participation in financial markets. Following its UK launch, the company plans to expand its education resources and community features as it continues to develop the platform.

Farmer sentiment improved in March as the Purdue University/CME Group Ag Economy Barometer rose to 127, up from 116 in February. The improvement was driven by a notable increase in producers' expectations for the future, with the Future Expectations Index climbing 14 points and the Current Conditions Index rising 6 points. Despite the improvement, producers' outlooks remain more cautious than a year ago, with the Future Expectations Index still below the March 2025 levels. The survey was conducted March 16-20.  Producers reported mixed financial conditions in March, with 18% indicating their operations were better off than a year ago. Expectations for the year ahead continue to be cautiously optimistic, with 20% of respondents anticipating improved financial performance, compared with 18% expecting worse financial performance over the next 12 months. The Farm Capital Investment Index edged up 3 points to 53, but plans to expand machinery purchases remain limited, with only 4% of producers planning increases. "While producers are feeling more optimistic about the future, there's still a noticeable gap between short-term challenges and long-term confidence," said Michael Langemeier, the barometer's principal investigator and director of Purdue's Center for Commercial Agriculture. "Longer-term optimism is supported by stronger expectations for farmland values and the broader economy, though livestock producers remain notably more optimistic than crop producers." This month's survey also examined producer expectations for inflation and interest rates. Approximately 39% of respondents stated that they expect inflation for consumers to exceed 3%. When asked whether the U.S. prime interest rate would be lower, about the same or higher 12 months from now, 34% of producers anticipate lower interest rates, while 16% said they expect rates to be higher. The March survey also included questions about leasing farmland for solar energy production. Twelve percent of producers reported discussing a solar lease within the past six months. Reported lease rates varied widely, with roughly 21% exceeding $1,500 per acre. More than half of respondents (56%) said contract offers included an escalator clause, most commonly in the 2% to 3% annual range. Overall, 5% of respondents indicated that they or one of their landowners had signed a solar lease. Farmland value expectations strengthened in March, with the Short-Term Farmland Value Expectations Index rising from 123 to 125 and the long-term index increasing from 150 to 159. Producers pointed to alternative investments, net farm income and interest rates as the primary factors influencing farmland values. Optimism about the direction of the U.S. economy improved in March, with 65% of producers indicating the country is headed in the "right direction," compared to 59% in February. About the Purdue University Center for Commercial Agriculture The Center for Commercial Agriculture was founded in 2011 to provide professional development and educational programs for farmers. Housed within Purdue University's Department of Agricultural Economics, the center's faculty and staff develop and execute research and educational programs that address the different needs of managing in today's business environment.

TMX Group Limited will announce its financial results for the first quarter ended March 31, 2026 in the evening of Monday, May 4, 2026. An analyst conference call to review the results will be held at 8:00 a.m. EDT on Tuesday, May 5, 2026. TMX Group's Annual and Special Meeting of shareholders will be held in person at the TMX Market Centre, 120 Adelaide Street West, Toronto, Ontario, and via live audio webcast at 2:00 p.m. EDT on Tuesday, May 5, 2026. Registered shareholders and duly appointed proxy holders will be permitted to attend the meeting in person or virtually, ask questions and vote, all in real time, provided those attending virtually have logged in to the link below. Please see page 2 of the management information circular for complete details on how to participate in the meeting.   Schedule of Events for May 5, 2026: Analyst Call:  8:00 a.m. EDTParticipants may access the conference call via the webcast link. The audio webcast of the conference call will also be available and archived in TMX's shareholder events section.  Annual and Special Meeting:  2:00 p.m. EDTTMX Market Centre120 Adelaide Street West, Toronto, OntarioAnd via live webcast link A live audio webcast of the meeting will be available and archived in TMX's shareholder events section.

CME Group, the world's leading derivatives marketplace, today announced plans to expand its leading suite of regulated Cryptocurrency derivatives with the launch of Avalanche (AVAX) and Sui (SUI) futures on May 4, pending regulatory review. Market participants will have the choice to trade both micro-sized and larger-sized contracts: AVAX futures (5,000 AVAX) and Micro AVAX futures (500 AVAX) SUI futures (50,000 SUI) and Micro SUI futures (5,000 SUI) "Our new micro- and larger-sized Avalanche and Sui futures will provide clients with greater choice, enhanced flexibility and more capital efficiencies across our deeply liquid, regulated Crypto derivatives complex," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. "We continue to see strong volumes as market participants turn to our markets to manage risk and pursue opportunities, with March average daily volume up 19% year-over-year and nearly $8 billion in average notional value traded daily."  "CME Group's continued expansion of its Cryptocurrency derivatives suite reflects the growing demand for regulated, institutionally-sound products in this asset class." said Justin Young, CEO and Co-founder of Volatility Shares. "As one of the world's largest traders of crypto futures, Volatility Shares has long believed that a deeper, more accessible marketplace benefits all participants – from institutional hedgers to individual investors. We are proud to support this next chapter of market evolution." ''With sustained and increasing interest in digital assets, we welcome the continued rollout of additional derivatives tailored to high-growth crypto assets," said Isaac Cahana, CEO of Plus500US. "These new contracts further broaden access for our global customers, allowing them to participate in evolving markets with greater flexibility and improved capital efficiency'' Avalanche and Sui futures will join the company's rapidly expanding Cryptocurrency derivatives offerings, including recently launched Cardano, Chainlink and Stellar futures contracts. Additionally, beginning May 29, CME Group Cryptocurrency futures and options will be available for trading 24 hours a day, seven days a week.

CCP Global has submitted a response to the proposed EU Settlement Finality Regulation. To read the response, please follow this link.