TRENDING
Latest news
Moscow Exchange: Trading Was Resumed On The Derivatives Market
Time of Derivatives market trading resumption is 14:20 MSK 22.04.2025. The trading system is available for order withdrawal.
Moscow Exchange: Temporary Suspension Of Trading On Derivatives Market
Please be advised that trading on the Derivatives market was suspended. The time of trading resumption would announced in a due course.
Dubai Financial Market Unveils The Global Speaker Line-Up And Agenda For The 2025 Capital Market Summit
The 3rd edition of DFM’s flagship Capital Market Summit returns to Dubai on May 6-7, 2025, bringing together top international and regional financial leaders.
The Summit will explore key trends shaping global capital markets and the future readiness of markets amid evolving financial dynamics.
Over 1,500 participants, 100+ global speakers, and 200 industry partners will convene at the region’s leading capital markets event to drive opportunity, growth, and future-ready strategies.
Dubai Financial Market (DFM) announced the agenda and speaker line-up for the upcoming 3rd MENA Capital Market Summit, which will take place on 6–7 May at Madinat Jumeirah, Dubai.
The 2025 edition will focus on the forces shaping global and regional capital markets, with sessions exploring the impact of technology on market infrastructure, IPO trends and high-growth company pipelines, cross-border capital flows, the rise of retail investors and the ongoing transformation of private markets.
These themes will be addressed by over 100 senior market leaders, including H.E. Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism and Chairman of DFM; Ken Robins, Head of EMEA Equity Capital Markets at Citi; Richard Cormack, Head of ECM and Convertibles in EMEA and Co-Head of UK Investment Banking at Goldman Sachs; and Simon Williams, Chief Economist CEEMEA at HSBC, and Lord Stephen A. Carter, Group Chief Executive, Informa PLC. The programme includes keynote speeches, panel discussions and sector-specific sessions featuring speakers from across financial institutions, regulatory bodies, and government, and is expected to convene over 1,500 participants, and around 200 industry partners.
As Dubai continues to solidify its position as a global financial hub, the Capital Market Summit Series serves as a vital space for collaboration, policy dialogue, and deepening regional and international investment ties. With a growing IPO pipeline, rising investor participation, and rapid fintech advancements, the Summit plays a strategic role in driving market development and ensuring the future readiness of capital markets.
In addition to the main agenda, this year’s Summit will introduce The Hub, a new dynamic space designed to foster practical engagement and focused dialogue. It will host partner presentations, fireside chats and panel discussions, alongside demonstrations of DFM’s investor platforms, including the iVestor App and ARENA. The Hub will also feature sessions led by DFM and its partners, offering insights into the services shaping Dubai’s capital markets today as well as the future initiatives designed to drive continued market growth and innovation.
Similar to last year, the Summit is supported by Platinum Sponsors – Bank of America, Citi, Emirates NBD and HSBC – with senior executives from each institution contributing to the programme.
Andree Chakhtoura, Head of Investment Banking MENA, Bank of America, said: “Dubai’s capital markets continue to grow in scale and sophistication, creating new opportunities for both issuers and investors. As a long-standing partner to the region, we’re proud to support the Capital Market Summit and engage in forward-looking conversations on market development, innovation, and the future of global investment flows. This year’s Summit reflects a maturing regulatory landscape, increased participation, and deeper access to capital—marking a pivotal moment in the region’s integration into global markets.”
Achintya Mangla, Citi’s Head of Financing for Investment Banking, said: “We are pleased to continue our partnership with the Dubai Capital Market Summit this year. Dubai continues to stand out as one of the most vibrant markets globally, offering strong growth and investment opportunities. As a trusted partner in key landmark transactions, we are dedicated to supporting the UAE’s evolving financial landscape and strengthening investor engagement. This Summit is an important platform to share insights on IPOs, Capital Formation, and the evolution of markets, and we are proud to play a role in driving that dialogue forward.”
Ahmed Al Qassim, Group Head of Wholesale Banking, Emirates NBD, said: “The Capital Market Summit is firmly established as one of the premier events on the banking and financial services calendar. The 2025 edition is another important opportunity to leverage Dubai’s evolving position as a major hub for international banking services, diverse investment, and the integration of the latest digital technologies. Our participation, and ongoing support, for CMS reflects Emirates NBD’s role at the forefront of a rapidly changing investment landscape and an opportunity to showcase to an influential and innovative global audience the successes that continue to drive markets in Dubai, across the region, and beyond.”
Mohamed Al Marzooqi, CEO, HSBC Bank Middle East, UAE, said: “International investors are increasingly looking towards the UAE and the Middle East for long term growth. The country’s deepening capital markets, and strong international connectivity are driving expansion and creating new opportunities. At HSBC we continue to play a key role in the development of the country’s equity and debt capital markets. Of the c.USD26.2 billion raised in IPOs in the UAE’s financial markets between 2022–2025, HSBC was involved in 65% of total deal value. As the direction of global capital shifts eastwards, the Dubai Financial Market Summit acts as an essential platform for fostering collaboration, innovation, and unlocking new opportunities that will shape the future of financial markets across the Middle East.”
The upcoming edition builds on a period of steady growth and heightened regional activity, while also reflecting the broader evolution of market expectations. With greater participation, maturing regulatory frameworks, and expanding access to capital, the Summit offers an opportunity to take stock of where the region stands – and where it’s headed – in the context of a more connected global market.
Hamed Ali, CEO of DFM and Nasdaq Dubai, said: “The Capital Market Summit reinforces Dubai’s position as a global financial gateway, where international capital meets regional opportunity. With AED 10.48 billion raised through IPOs in 2024 and an investor base of 1.2 million participants from over 200 nationalities, we’re seeing clear evidence of growing global confidence in Dubai’s capital markets. This momentum reflects the strength of our financial ecosystem and the clarity of our long-term vision: to scale access, drive innovation, and lead the region in capital market development.”
''The third Capital Market Summit this year arrives at a pivotal time for our region, as global markets adapt to evolving economic dynamics, technological disruption, and shifting investor behavior. The 2025 edition will convene a broad spectrum of market leaders to explore how innovation, cross-border collaboration, and regulatory evolution can unlock new opportunities for capital formation and investment. I’m particularly looking forward to the exchange of ideas and perspectives that will emerge – insights that will inform how we evolve, adapt, and lead in a fast-changing financial landscape.''
To register or learn more, visit www.capitalmarketsummit.ae.
KB Asset Management To Launch KB RISE US Natural Gas Value Chain ETF Tracking The Solactive US Natural Gas Value Chain Index
Solactive is pleased to continue its partnership with KB Asset Management with the upcoming launch of KB RISE US Natural Gas Value Chain ETF, tracking the Solactive US Natural Gas Value Chain Index. This ETF offers investors a comprehensive approach to the US natural gas sector, providing exposure to companies operating across the entire natural gas value chain, from production to infrastructure and export.
As natural gas plays an increasingly central role in the global energy transition, the sector continues to attract the attention of investors worldwide. In 2024, global gas demand is expected to increase by approximately 2.8%, significantly outpacing the average growth rate for the decade, driven primarily by rising consumption in Asia. With long-term LNG demand bolstered by global energy security concerns and decarbonization efforts, investment in gas infrastructure, such as pipelines and LNG terminals, has accelerated. The United States has made decade-long investments in LNG facilities, reaffirming the strategic importance of natural gas in energy portfolios. [1]
The Solactive US Natural Gas Value Chain Index aims to capture the dynamic structure of this sector by identifying US-listed companies operating in three main categories: Production, Infrastructure, and Export. The companies are selected from the Solactive GBS North America All Cap Index and filtered according to strict liquidity and market capitalization criteria. Using ARTIS®, Solactive’s proprietary natural language processing technology, the index ranks companies according to their relevance to each segment. The methodology ensures diversified exposure by selecting the five top-ranked companies per segment and weighting them based on free-float market capitalization, with segment allocations set at 20% for Export, 50% for Infrastructure, and 30% for Production.
The ETF listed on 22 April 2025 on the Korean Stock Exchange with ticker code 36Z0001.KS
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “Our cooperation with KB Asset Management continues to grow. The Solactive US Natural Gas Value Chain Index provides investors with timely and relevant exposure to a critical component of the global energy mix by offering targeted exposure to the US natural gas value chain. In response to evolving market trends and investment objectives, we remain committed to providing innovative index solutions.”
Soojin Lee, Head of ETF Product Division at KB Asset Management, commented: “It is our pleasure to extend our partnership with Solactive by launching the KB RISE US Natural Gas Value Chain ETF. The ETF is designed to seek performance in both rising and falling natural gas price environments by structuring the natural gas value chain based on business revenue structures and diversifying across key companies in LNG exports (20%), production (30%), and infrastructure (50%). We hope this ETF serves as a valuable tool for investors seeking strategic and balanced exposure to the natural gas industry.”
[1] International Energy Agency – Natural Gas
Securities Commission Malaysia Starts 3rd Cohort Of Shariah Mentorship Programme To Boost Shariah Talent Pipeline
The Securities Commission Malaysia (SC) today commenced the third cohort of its Shariah Mentorship Programme (SMP), aimed at nurturing a new generation of Shariah professionals in the Islamic capital market (ICM).
The event also celebrated 15 graduates of the second cohort of SMP, marking a significant step in the SC’s efforts to strengthen Shariah talent development and governance in the ICM.
The SMP, funded by the Capital Market Development Fund (CMDF), was introduced by the SC in 2023. The mentorship initiative is run by ISRA Consulting, wholly owned by INCEIF University.
The programme combines practical knowledge, industry exposure, and mentorship by members of the SC’s Shariah Advisory Council.
Each cohort goes through an eight-month programme which includes three months of intensive classroom sessions, followed by five months of industry placements to gain hands-on experience in Shariah advisory within Islamic finance.
The SC Chairman Dato’ Mohammad Faiz Azmi said SMP, one of the initiatives under the Capital Market Masterplan 3, will help nurture a sustainable Shariah talent pipeline and build industry capacity.
“Through a structured approach, SMP also aims to support the broader objectives of Maqasid al-Shariah by fostering values of integrity, ethics and sound judgement,” he said. “These are essential for Shariah advisory roles in order to serve the greater good of the market and society.”
“SC is also looking at the whole ecosystem beyond Shariah professionals to developing the next generation of Shariah scholars and the scope of their work, in order to solidify SC’s leadership in this area.”
To date, the SMP has produced 30 alumni where more than 70% of whom are now serving in various Islamic finance institutions. It is anticipated that the alumni will be registered as Shariah advisers with the SC in the next five years.
For more information on the Shariah Mentorship Programme, please visit www.inceif.edu.my/shariah-mentorship-programme/.
CFTC Staff Seek Public Comment Regarding Perpetual Contracts In Derivatives Markets
The Commodity Futures Trading Commission’s Divisions of Market Oversight, Clearing and Risk, and Market Participants today issued a Request for Comment to better inform them on the potential uses, benefits, and risks of perpetual contracts in the derivatives markets the CFTC regulates (“Perpetual Derivatives”).
“Innovation and new technology has created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks,” said Acting Chairman Caroline D. Pham. “The CFTC is getting back to basics by requesting public comment on perpetual contracts that have seen significant interest recently from exchanges and market participants.”
This request seeks comment on the characteristics of perpetual derivatives, including those characteristics which may differ across products. as well as the implications of their use in trading, clearing and risk management. The request also seeks comment on the risks of perpetual derivatives, including risks related to the areas of market integrity, customer protection, or retail trading.
Comments will be accepted until May 21. Comments may be submitted electronically through the CFTC Comments online process.
RELATED LINKS
Request for Comment on the Trading and Clearing of “Perpetual” Style Derivatives
CFTC Staff Seek Public Comment On 24/7 Trading
The Commodity Futures Trading Commission’s Divisions of Market Oversight, Clearing and Risk, and Market Participants today issued a Request for Comment to better inform them on the potential uses, benefits, and risks of trading on a 24/7 basis in the derivatives markets the CFTC regulates.
“As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants,” said Acting Chairman Caroline D. Pham. “One evolving trend is the move to 24/7, 24/6, or 24/5 trading hours. I look forward to the public comments on this market innovation.”
This request seeks comment on the implications of extending the trading of CFTC-regulated derivatives markets to an effectively 24/7 basis, including the potential effects on trading, clearing and risk management which differ from trading during current market hours. The request also seeks comment on the risks of 24/7 trading, and the associated clearing systems, including risks related to the areas of market integrity, customer protection, or retail trading.
Comments will be accepted until May 21. Comments may be submitted electronically through the CFTC Comments online process.
RELATED LINKS
Request for Comment on Trading and Clearing Derivatives on a 24/7 Basis
Paul S. Atkins Sworn In As SEC Chairman
Paul S. Atkins was sworn into office today as the 34th Chairman of the Securities and Exchange Commission.
Chairman Atkins was nominated by President Donald J. Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025.
“I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Chairman Atkins. “As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors. Together we will work to ensure that the U.S. is the best and most secure place in the world to invest and do business.”
Prior to returning to the SEC, Chairman Atkins was most recently chief executive of Patomak Global Partners, a company he founded in 2009. Chairman Atkins helped lead efforts to develop best practices for the digital asset sector. He served as an independent director and non-executive chairman of the board of BATS Global Markets, Inc. from 2012 to 2015.
Chairman Atkins was appointed by President George W. Bush to serve as a Commissioner of the SEC from 2002 to 2008. During his tenure, he advocated for transparency, consistency, and the use of cost-benefit analysis at the agency. Chairman Atkins also represented the SEC at meetings of the President’s Working Group on Financial Markets and the U.S.-EU Transatlantic Economic Council. From 2009 to 2010, he was appointed a member of the Congressional Oversight Panel for the Troubled Asset Relief Program.
Before serving as an SEC Commissioner, Chairman Atkins was as a consultant on securities and investment management industry matters, especially regarding issues of strategy, regulatory compliance, risk management, new product development, and organizational control.
From 1990 to 1994, Chairman Atkins served on the staff of two chairmen of the SEC, Richard C. Breeden and Arthur Levitt, ultimately as chief of staff and counselor, respectively.
Chairman Atkins began his career as a lawyer in New York, focusing on a wide range of corporate transactions for U.S. and foreign clients, including public and private securities offerings and mergers and acquisitions. He was resident for 2½ years in his firm's Paris office and admitted as conseil juridique in France.
A member of the New York and Florida bars, Chairman Atkins received his J.D. from Vanderbilt University School of Law in 1983 and his A.B., Phi Beta Kappa, from Wofford College in 1980.
Originally from Lillington, North Carolina, Chairman Atkins grew up in Tampa, Florida. He and his wife Sarah have three sons.
CFTC Swaps Report Update
CFTC's Weekly Swaps Report has been updated, and is now available: http://www.cftc.gov/MarketReports/SwapsReports/index.htm.Additional information on the Weekly Swaps Report.
Archive
Explanatory Notes
Swaps Report Data Dictionary
Release Schedule
Released: Weekly on Mondays at 3:30 p.m.
FINRA Announces New “FINRA Forward” Initiatives To Support Members, Markets And Investors
FINRA announced today the launch of FINRA Forward, a series of initiatives to improve its effectiveness and efficiency in pursuing its mission.
The Three FINRA Forward initiatives:
Modernizing FINRA Rules. FINRA is conducting a broad review of its rules to modernize requirements, facilitate innovation and eliminate unnecessary burdens.
Empowering Member Firm Compliance. FINRA is working to enhance how it supports member firm compliance to better protect investors and safeguard markets.
Combating Cybersecurity and Fraud Risks. FINRA is expanding its cybersecurity and fraud prevention activities to support member firms’ risk management capabilities and resilience against emerging threats and to better protect member firms and their investors from harm.
“To serve its mission—promoting investor protection, market integrity, and vibrant capital markets—FINRA must continuously improve its regulatory policies and programs to make them more effective and efficient. During my time as CEO, we have worked hard to build a culture of continuous improvement across FINRA—and we have come a long way… But continuous improvement means our work is never done, especially since capital markets are constantly evolving and new opportunities to do better are always emerging,” FINRA CEO Robert Cook wrote in a blog post about the FINRA Forward initiatives.
The blog post about the FINRA Forward initiatives is available here.
SEC Awards $6 Million To Joint Whistleblowers
The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in the covered action.
“Today’s award illustrates that the agency can leverage whistleblower information in various ways, including by prompting an examination,” said Jonathan Carr, Acting Chief of the SEC’s Office of the Whistleblower. “If that examination ultimately results in an enforcement action, the whistleblower may be eligible for an award.”
Payments to whistleblowers are made out of an investor protection fund, established by Congress, which is financed entirely through monetary sanctions paid to the SEC by securities law violators. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 to 30 percent of the money collected when the monetary sanctions exceed $1 million.
As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose any information that could reveal a whistleblower’s identity.
For more information about the whistleblower program and how to report a tip, visit www.sec.gov/whistleblower.
Resources
SEC Order
The Updated Coefficients For Moscow Exchange Blue Chip Index To Come Into Force
The following coefficients for Moscow Exchange Blue Chip Index come into force from April 22, 2025:
№Index codeCurrencyIndex NameDivisor
1
MOEXBC
RUB
MOEX Blue Chip Index
233,658,414.5465
Borsa Istanbul: Constituents Of The BIST Dividend And BIST Dividend 25 Indices For The Period May 1, 2025 – July 31, 2025 Has Been Changed
Taking BIST Market Cap Weighted Stock Indices Methodology into consideration, periodic review of BIST Dividend and BIST Dividend 25 Indices (BIST Dividend Indices) is completed. As results of the periodic review, constituent changes of BIST Dividend Indices, decided by Borsa Istanbul Management for the May 1, 2025 - July 31, 2025 period, are below.
BIST DIVIDEND INDEX
INCLUDED STOCKS
EXCLUDED STOCKS
1
AGESA
AGESA HAYAT EMEKLILIK
1
CEMTS
CEMTAS
2
BUCIM
BURSA CIMENTO
2
PETUN
PINAR ET VE UN
3
GEDIK
GEDIK Y. MEN. DEG.
3
SAHOL
SABANCI HOLDING
4
TUPRS
TUPRAS
4
SEKFK
SEKER FIN. KIR.
5
YKBNK
YAPI VE KREDI BANK.
BIST DIVIDEND 25 INDEX
INCLUDED STOCKS
EXCLUDED STOCKS
SUBSTITUTE STOCKS
1
AEFES
ANADOLU EFES
1
SAHOL
SABANCI HOLDING
1
AKCNS
AKCANSA
2
ALARK
ALARKO HOLDING
2
VESBE
VESTEL BEYAZ ESYA
2
ALFAS
ALFA SOLAR ENERJI
3
TUPRS
TUPRAS
3
YKBNK
YAPI VE KREDI BANK.
3
CLEBI
CELEBI
Shenzhen Stock Exchange Market Bulletin April 18, 2025, Issue 12
Click here to download Shenzhen Stock Exchange's market bulletin, issue 12.
MIAX Options And MIAX Emerald Options - Reminder: Effective For trade dates April 21, 2025 Through April 25, 2025, 2X OPENING And INTRADAY Valid And Priority Quote Spread Relief In All Symbols
Multiplier: 2XReason: In maintenance of a fair and orderly market.Time: OPENING and INTRADAYSubject Summary: Please be advised, effective for trade dates April 21, 2025 through April 25, 2025, the MIAX Regulatory Department has granted 2 times OPENING and INTRADAY quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. Please note, standard quote width is $5 wide, two (2) times width is $10. The quote width listed in the following will be two (2) times the listed width.https://www.miaxglobal.com/markets/us-options/miax-options/market-maker-requirementshttps://www.miaxglobal.com/markets/us-options/emerald-options/market-maker-requirementsFor questions or comments, please contact the Regulatory Department at regulatory@miaxglobal.com.
Fiserv And Kansas Team Up To Launch Strategic Fintech Hub - New Location In Overland Park, Kansas Will Bring 2,000 Jobs To The American Heartland
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, together with the Kansas Office of the Governor today announced their plan to open a new strategic fintech hub in Overland Park, the largest suburb in the Kansas City metropolitan area. This location will bring approximately 2,000 jobs to the state as part of the company's strategy to bring people together to inspire innovation and deliver exceptional products and services for clients.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421752497/en/
Located on the Aspiria campus at 6500 and 6550 Sprint Parkway in Overland Park, Kansas, the new site includes 427,000 square feet of space across two buildings. The site was selected for its central location in the country, proximity to Fiserv's Midwest client base, affordable living, and the opportunity to attract exceptional tech talent. The campus will feature world-class amenities that continue to advance Fiserv’s strategy to create large fintech hubs and provide significant career opportunities for its associates.
"We are thrilled to expand our U.S. footprint, bringing our people together to drive innovation on behalf of our clients," said Frank Bisignano, Chairman and Chief Executive Officer of Fiserv. "The greater Kansas City Metro area offers a dynamic environment with a growing population of tech talent, making it the ideal location for Fiserv's next strategic fintech hub. Working with local and state leaders, we are committed to driving growth and prosperity for both Fiserv and Kansas while contributing to the vibrancy of the Overland Park community."
The new office joins Fiserv's network of major strategic hubs. This proven hub strategy has driven exceptional collaboration and innovation across the company, enabling Fiserv to serve clients better and more efficiently while quickly adapting to evolving market needs.
"When I took office in 2019, my administration promised to modernize and diversify the Kansas economy in order to build long-term resilience," Governor Laura Kelly said. "Fiserv's new strategic hub in Overland Park is a significant step forward as we continue to elevate Kansas to new heights. Fiserv will create high-value career options including opportunities for military personnel transitioning to civilian life and graduates of our higher education system."
Fiserv expects to open the Kansas office later this year.
GlobalData Announces Top M&A Financial And Legal Advisers In Financial Services Sector For Q1 2025
GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the financial services sector during Q1 2025. See the rankings and findings below.
Financial Advisers
Citi and Houlihan Lokey top M&A financial advisers in financial services sector in Q1 2025
Citi and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the financial services sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised.
Based on its Deals Database, the leading data and analytics company has revealed that Citi achieved its leading position in terms of value by advising on $16.9 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 12 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “During Q1 2025, Houlihan Lokey was the only adviser to hit double-digit deal volume. There was a notable improvement in the total number of deals advised by it during Q1 2025 compared to Q1 2024. Resultantly, it went ahead from occupying the 19th position by volume in Q1 2024 to top the chart by this metric in Q1 2025.
“Meanwhile, Citi also registered improvement in terms of value, as most of the deals advised by it during Q1 2025 were big-ticket deals. Resultantly, its ranking by value also improved from the 11th position in Q1 2024 to the top position in Q1 2025. Four of the five deals advised by Citi during Q1 2025 were billion-dollar deals* that also included one mega deal valued more than $10 billion. Apart from leading by value, Citi also occupied the seventh position in terms of deal volume during Q1 2025.”
An analysis of GlobalData’s Deals Database reveals that JP Morgan occupied the second position in terms of value, by advising on $16.4 billion worth of deals, followed by Goldman Sachs with $15 billion, UBS with $6.2 billion, and Morgan Stanley with $5.3 billion.
Meanwhile, Piper Sandler occupied the second position in terms of volume with nine deals, followed by JP Morgan with eight deals, UBS with seven deals, and PwC with seven deals.
*Valued more than or equal to $1 billion
Legal Advisers
Paul, Weiss, Rifkind, Wharton & Garrison and Debevoise & Plimpton top M&A legal advisers in financial services sector during Q1 2025
Paul, Weiss, Rifkind, Wharton & Garrison and Debevoise & Plimpton were the top mergers and acquisitions (M&A) legal advisers in the financial services sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised.
Based on its Deals Database, the leading data and analytics company has revealed that Paul, Weiss, Rifkind, Wharton & Garrison achieved its leading position in terms of value by advising on $12 billion worth of deals. Meanwhile, Debevoise & Plimpton led in terms of volume by advising on eight deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “There was an improvement in the total number of deals advised by Debevoise & Plimpton in Q1 2025 compared to Q1 2024. Resultantly, its ranking by volume also improved from the 11th position in Q1 2024 to the top position in Q1 2025. Apart from leading by volume in Q1 2025, Debevoise & Plimpton also held the ninth position by value.
“Meanwhile, Paul, Weiss, Rifkind, Wharton & Garrison saw its ranking by value improve from the sixth position in Q1 2024 to the top position in Q1 2025 even though it experienced a year-on-year drop in the total value of deals advised. Apart from leading by value, Paul, Weiss, Rifkind, Wharton & Garrison also held the fifth position by volume in Q1 2025.
An analysis of GlobalData’s Deals Database reveals that Wachtell, Lipton, Rosen & Katz occupied the second position in terms of value, by advising on $12 billion worth of deals, followed by Bradley Arant Boult Cummings with $12 billion, Skadden, Arps, Slate, Meagher & Flom with $5.2 billion, and Chiomenti Studio Legale with $4.5 billion.
Meanwhile, Simpson Thacher & Bartlett occupied the second position in terms of volume with eight deals, followed by Alston & Bird with eight deals, Wachtell, Lipton, Rosen & Katz with seven deals, and Paul, Weiss, Rifkind, Wharton & Garrison with six deals.
MIAX Options And MIAX Emerald Options - Effective For Trade Dates April 21, 2025 Through April 25, 2025, 2X OPENING And INTRADAY Valid And Priority Quote Spread Relief In All Symbols
Multiplier: 2XReason: In maintenance of a fair and orderly market.Time: OPENING and INTRADAYSubject Summary: Please be advised, effective for trade dates April 21, 2025 through April 25, 2025, the MIAX Regulatory Department has granted 2 times OPENING and INTRADAY quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. Please note, standard quote width is $5 wide, two (2) times width is $10. The quote width listed in the following will be two (2) times the listed width.https://www.miaxglobal.com/markets/us-options/miax-options/market-maker-requirementshttps://www.miaxglobal.com/markets/us-options/emerald-options/market-maker-requirementsFor questions or comments, please contact the Regulatory Department at regulatory@miaxglobal.com.
Borsa Istanbul: The Extension Of The Validity Date Of The Order-To-Trade Ratio (OTR) Change In The Equity Market
Please click for the announcment.
Gulf Mercantile Exchange And Shanghai Futures Exchange Sign Memorandum Of Understanding To Strengthen Cross-Regional Cooperation
Gulf Mercantile Exchange (GME), the leading international energy futures and commodities exchange in the Middle East, and the Shanghai Futures Exchange (SHFE) have signed a Memorandum of Understanding (MoU) to establish a framework for strategic cooperation between the Middle East and China’s derivatives markets.
The MoU aims to enhance collaboration in key areas including product cooperation, exchange of market development insights, research support, and investor education initiatives. The agreement reflects a shared commitment to enhance market transparency and support the evolution of regionally relevant commodities benchmarks.
Raid Al-Salami, Managing Director, GME, said: “We value our cooperation with Shanghai Futures Exchange. This MoU is an important step in building greater alignment between China and the Gulf in the commodities trading space. By sharing knowledge, expertise, and vision, we can pave the way for more regionally relevant benchmarks, greater market transparency, and stronger investor engagement across both regions.”
The agreement outlines several areas of cooperation, including:
• product cooperation
• Sharing knowledge on market development, infrastructure, and regulation
• Providing support for studies and research relevant to each other’s market
• Exchanging personnel to deepen cross-market understanding
• Co-developing educational programs for market participants in both regions
This partnership supports GME’s ongoing efforts to position the Gulf as a global commodities hub and aligns with SHFE’s internationalization strategy to connect with key markets across the world.
Showing 1501 to 1520 of 1635 entries