The MIAX Pearl Options Exchange is upgrading its network analytics equipment to improve time measurement precision. The analytics equipment upgrade will be deployed as follows: Friday, November 14, 2025 post market close: MIAX Pearl Options 10G ULL network Friday, November 21, 2025 post market close: 1G Shared LL network for all MIAX options exchanges No action is required by exchange members related to the upgrades. Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 for additional information.   

ISDA has published a new paper in conjunction with Capgemini that gives industry perspectives on the ISDA Digital Regulatory Reporting initiative (DRR). The paper, which is based on interviews with firms that have adopted the ISDA DRR, explores the approaches institutions are taking to implement the DRR and the benefits they have realized. Specifically, interviewees reported improved data quality, high trade repository acknowledgement rates, reduced costs and increased efficiency. Firms that had adopted the ISDA DRR for one set of regulatory reporting requirements also found it easier and quicker to implement other rules due to the reusability of the DRR code and reporting logic across jurisdictions, reducing duplication of effort and maintenance costs. “This report confirms that firms using the ISDA DRR are realizing significant benefits, including operational and cost efficiencies. Importantly, the data being reported is more accurate, reducing the potential for regulatory penalties for misreported data and ensuring regulators receive better quality information,” said Scott O’Malia, ISDA’s Chief Executive. “Capgemini is pleased to have collaborated with ISDA in producing this report. Our collaboration reflects our conviction that open standards, specifically the CDM and the ISDA DRR, are transformational for how the industry collaborates, reports and operates. When widely adopted, they will drive greater standardization, data consistency and operational efficiency across capital markets interactions. Capgemini is excited to help the industry design, build and scale these capabilities, supporting both development and adoption,” said Paul Grainger, Director, Banking & Capital Markets, at Capgemini. The ISDA DRR uses the Common Domain Model – an open-source data standard for financial products, trades and lifecycle events – to transform an industry-agreed interpretation of each rule set into machine-executable code. The ISDA DRR currently covers reporting rules in eight jurisdictions, including the EU and UK under the EU/ UK European Market Infrastructure Regulation and the US under Commodity Futures Trading Commission requirements, and will ultimately extend to 12 rule sets in nine jurisdictions. Read the paper here. More information about the ISDA DRR is available here. Documents (1)for ISDA and Capgemini Publish Paper Giving Industry Perspectives on the ISDA DRR ISDA and Capgemini Publish Paper Giving Industry Perspectives on the ISDA DRR(pdf)

ISDA has been awarded Outstanding Contribution to Regulatory Reform for the ISDA Digital Regulatory Reporting (ISDA DRR) initiative by Regulation Asia at its eighth annual Awards for Excellence. The ISDA DRR helps market participants comply with regulatory reporting requirements by using the Common Domain Model – an open-source data standard for financial products, trades and lifecycle events – to transform an industry-agreed interpretation of each rule set into machine-executable code. This code can be used as the basis of implementation or to validate that a firm’s own interpretation of the rules is aligned with the golden-source standard, increasing the accuracy and consistency of data reported to regulators and reducing the time, resources and costs associated with compliance. The ISDA DRR currently covers reporting rules in eight jurisdictions, including Australia, Hong Kong, Japan and Singapore, and will ultimately extend to 12 rule sets in nine jurisdictions. “ISDA has again demonstrated its unique ability to act as a bridge between industry innovation and regulatory necessity. The Digital Regulatory Reporting initiative is a landmark achievement in mutualized compliance. By creating a golden-source interpretation of complex rules and translating it into machine-executable code, ISDA has solved a major problem for the industry, drastically reducing the risk of misreporting and freeing up critical resources,” said one judge on the Regulation Asia Awards panel “We’re very proud to win this award recognizing the important role the ISDA DRR plays in helping firms to implement changes to regulatory reporting requirements cost-effectively and accurately. As policymakers continue to improve their reporting regimes, we will make sure the ISDA DRR evolves to keep pace with those developments,” said Scott O’Malia, ISDA’s Chief Executive. ISDA also won Global Capital’s award for Digital Solution of the Year for the ISDA DRR earlier this year, as well as Industry Association of the Year. More information about the ISDA DRR is available here. Documents (1)for ISDA Wins Regulation Asia’s Outstanding Contribution to Regulatory Reform Award ISDA Awarded Regulation Asias Outstanding Contribution to Regulatory Reform Award(pdf)

The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets. Date: 24 September 2025 Time: 1.30pm – 3.30pm | Location: Bank of England, Threadneedle Street, London EC2R 8AH Minutes Item 1 – Welcome The Chair thanked members for attending and confirmed that the Minutes of the Money Markets Committee (MMC) June 2025 meeting had been published on the Bank’s website.footnote[1] The Chair welcomed Gareth Jones and Sara Carter to their first meeting as new members of the MMC, and those who were attending as part of the Bank’s Meeting Varied People (MVP) initiative. The Chair also welcomed Kash Chundoo to the Committee Secretariat. Item 2 – Discussion on market conditions A member of the Committee provided a presentation on recent developments in gilt and UK money market conditions. The presentation and subsequent discussion highlighted that the UK gilt curve had remained resilient amidst the global steepening trends in recent months. The discussion also considered the influence of inflation on the level of gilt curve relative to other jurisdictions.. Members noted that the Debt Management Office’s approach to shortening the weighted average maturity of issuance had helped manage supply pressures, though some liquidity challenges remained due to curve segmentation. Members also reflected on structural developments in the gilt market, including changes in demand and issuance trends. Members noted that sterling money markets continued to function smoothly, supported by stable central bank pricing and increased usage of the Bank’s Short-Term Repo (STR) and Indexed Long-Term Repo (ILTR) facilities. Members observed that conditions across secured and unsecured markets remained robust, with improved transparency and broader participation. The upcoming UK Autumn Budget was highlighted as a contributor to market uncertainty. Item 3 – Discussion on gilt repo market resilience in the context of the Bank’s Discussion Paper The Bank provided an overview of its recently published Discussion Paper on “Enhancing the resilience of the gilt repo market”footnote[2], which explores the effectiveness and impact of a range of potential reforms to enhance the resilience of the UK gilt repo market, including greater central clearing and the introduction of minimum haircut for non-centrally cleared transactions. Feedback should be submitted to the Bank by 28 November 2025. Members acknowledged the potential benefits of expanding central clearing, including how broader access might encourage wider market participation. However, they also emphasised the importance of designing solutions that reflect the diverse characteristics and requirements of different market participants. The discussion highlighted that further clarity on minimum haircuts would be useful. Item 4 – Discussion on RT2 and CHAPS settlement hours in the context of the Bank’s Consultation Paper The Bank provided an overview of its recently published Consultation Paper on the “Proposal to extend RT2 and CHAPS settlement hours (phase 1)”footnote[3]. The proposed extension seeks to align the UK’s core payments infrastructure more closely with global standards, foster industry-wide cooperation, and support innovation, resilience and inclusivity. The deadline for responses to the consultation was 21 October 2025. The Committee noted that while the proposal could offer benefits such as enhanced liquidity and improved access for international counterparties, it may also present some operational challenges. Members recognised the importance of maintaining work-life balance in rolling out any changes as well as ensuring that any changes do not disproportionately impact firms with more limited operational capacity. Discussion also noted that firms might need to consider implementing liquidity buffers to manage weekend demands as well as the impact this might have on firms with smaller balance sheets. Members also suggested that there would be benefit in providing use cases for the extended hours to help clarify the practical benefits of the proposal. The Bank confirmed that it is exploring implementation options that support resilience and inclusivity and will continue to engage with stakeholders as part of the consultation process. Item 5 – Sub-Committee updates A member of the Committee provided a readout of the most recent meeting of the Securities Lending Sub-Committee, which met on 23 Septemberfootnote[4]. Updates were provided on the UK T+1 settlement position in terms of readiness and testing as well as hybrid working practices. Committee Attendees Committee members James Winterton – Association of Corporate TreasurersGareth Jones – BarclaysEmma Cooper – BlackRockSara Carter – CME GroupMarije Verhelst – EuroclearInna Shaykevich – Goldman SachsJames Murphy – HSBCChris Brown – Insight InvestmentTony Baldwin – LCHJohn Wherton – L&GScott Creed – Lloyds BankNina Moylett – M&GChirag Patel – RabobankAlan Williams – Santander UKRomain Sinclair – Société Générale MVP attendees and Observers Ross Barclay – DMOPaul Canty – DMOAlan Barnes – FCAAndy Burgess – Insight InvestmentDavid Hooker – Insight InvestmentJames McKerrow – Insight InvestmentMichael Semaan – LCHNick Barnes – LCH Bank of England Matt Roberts-Sklar (Chair)Vicky SaportaSimon DolanJack WellingCallum AshworthKash ChundooYousif TakiJames TullochAnnalisa StoddartBonnie Howard Yuliya BaranovaCameron BrooksMunalula LisimbaToby DaviesPaige Benattar Apologies Gordon Lowson – AberdeenCristiano Guidi – Bank of America Merrill LynchIna Budh-Raja – Bank of New York MellonEdward Bond – J.P. MorganNic Erevik – Newcastle Building SocietyJohn Argent – Tradition Minutes of the Money Market Committee meeting – June 2025 | Bank of England Enhancing the resilience of the gilt repo market | Bank of England Proposal to extend RT2 and CHAPS settlement hours (phase 1) | Bank of England Minutes of the Securities Lending Committee meeting – September 2025 | Bank of England

Today, ACER releases its Opinion on Spain’s National Resource Adequacy Assessment (NRAA). This national assessment complements the European Resource Adequacy Assessment (ERAA) 2024, reflecting recent developments in the country’s electricity system, including the integration of the Balearic Islands and Ceuta. What is a resource adequacy assessment? The European Resource Adequacy Assessment (ERAA) evaluates electricity resource adequacy across the EU and provides a consistent framework to assess whether additional national measures are needed to ensure security of supply. ERAA is carried out annually by the European Network of Transmission System Operators for Electricity (ENTSO-E) and reviewed by ACER. Member States can complement the European analysis through national assessments (NRAAs), which may capture new developments or national specificities not yet reflected in the latest ERAA. When a national assessment identifies new adequacy concerns, and the Member State informs ACER, ACER issues an Opinion on the differences with the ERAA. What did ACER find? Overall, ACER finds the Spanish assessment clear, robust and well executed and notes that most differences with the ERAA 2024 are justified by national specificities and local factors. Spain’s assessment shows higher electricity adequacy concerns for 2030 compared with the ERAA. These higher projected risks are linked to two differences identified by ACER between the Spanish NRAA and the ERAA 2024: Lower storage capacity: Only storage projects already planned or under development are considered in the NRAA. As a result, Spain would have around half the storage capacity estimated in the ERAA for 2030, limiting the system’s ability to balance variable renewable generation and meet peak demand. Stricter gas generation assumptions: Spain’s assessment applies lower generation availability for gas turbine fleet based on historical data, including fixed maintenance schedules. This reduces the generation capacity expected to be available during periods of high demand. ACER notes that while the assumptions of lower storage capacity and fixed gas turbine maintenance are insufficiently motivated, as they could better reflect the expected evolution of the electricity system, their impact on the overall results of the NRAA is limited. What are the next steps? ACER encourages the Spanish authorities to take its findings into account as the assessment process progresses. Read more.

S&P Global (NYSE: SPGI) announced today that its Board of Directors has approved the addition of Mr. Robert Moritz to the Board, effective March 1, 2026. Mr. Moritz has more than four decades of global leadership experience specifically in audit and assurance in the financial services, banking sectors and capital markets. Most recently, Mr. Moritz served as global Chairman of PricewaterhouseCoopers LLC (PwC) where he led the company's global leadership teams – setting strategy and elevating PwC's brand among its clients and stakeholders. Mr. Moritz is currently a member of Walmart's Board of Directors, where he sits on the retailer's audit and technology and e-commerce committees, and Northern Trust Corporation, as a member of the audit and human capital and compensation committees. In addition, he holds several not-for-profit Board seats, including at SUNY-Oswego College Foundation, his alma mater. "We're thrilled to welcome Bob to our Board," said Martina L. Cheung, President and CEO, S&P Global. "He brings extensive global experience and unique perspectives on the opportunities and risks facing global companies in today's fast-paced environment."   "We're delighted that Bob will be joining our Board," said Ian P. Livingston, Non-Executive Chairman of the Board of S&P Global. "His experience as a global financial services industry leader will be extremely valuable in helping S&P Global to manage the opportunities and challenges that lie ahead and the evolving needs of our clients." "It's a privilege to serve on the Board of a company that has built a trusted reputation in global markets anchored on integrity and independence," said Bob Moritz. "I'm excited to collaborate with my fellow Board members, supporting Martina and S&P Global's leaders as the company moves into its next phase of growth." Mr. Moritz will serve on the S&P Global Board's Audit and Nominating and Corporate Governance committees.

As previously announced in the July 24, 2025 Alert, the MIAX Options Exchange will be increasing the Maximum Leg Ratio for Complex orders to 32,767. The rollout schedule for this change is as follows: Day 1 - Monday, November 17, 2025: Symbols beginning with Z (Cloud 21) Day 2 - Tuesday, November 18, 2025: Symbols beginning with letters U – YUMC (Clouds 18 – 20) Day 3 - Wednesday, November 19, 2025: Symbols beginning with letters A – HZO, except AAPL and GOOG (Clouds 1 – 8) Day 4 - Thursday, November 20, 2025: All Remaining Symbols (Clouds 9 – 17 and 22 – 24) Additional Details: In conjunction with this change, the Order Quantity multiplied by the highest Option Leg Ratio of the strategy must be less than or equal to 999,999 and the Order Quantity multiplied by the Stock Leg Ratio of the strategy, if present, must be less than or equal to 99,999,999. This change will apply to all FIX Order Interface (FOI) app protocol versions; no new app protocol is released to support this change. This change is currently available in the MIAX Options Firm Test Bed (FTB2) environment. Updated interface specifications can be found at MIAX Options Interface Specifications.For additional information, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Nigerian Exchange Limited (NGX) has reinforced its role as a catalyst for capital formation with the launch of Ellah Lakes Plc's ₦235 billion Offer for Subscription. The offer which was launched during a Facts Behind the Offer presentation at NGX, underscores the Exchange's commitment to deepening access to long-term financing for businesses driving Nigeria's real sector growth. Ellah Lakes Plc, Nigeria's pioneering integrated agro-industrial enterprise, is raising ₦235 billion through the issuance of 18.8 billion ordinary shares of 50 kobo each at ₦12.50 per share. The Offer, led by Rand Merchant Bank (RMB) as Lead Issuing House, opened on Monday, 10 November 2025, and will close on Friday, 5 December 2025. Speaking at the event, Mr. Jude Chiemeka, Chief Executive Officer of NGX, commended Ellah Lakes for leveraging the Nigerian capital market as a springboard for expansion: "The launch of this ₦235 billion equity raise underscores the depth and resilience of Nigeria's capital market as a strategic enabler of corporate growth. At NGX, we are particularly pleased to see a leading indigenous agribusiness like Ellah Lakes harness the market to scale its operations and deepen value creation across the agricultural value chain. This Offer represents not only an opportunity for investors to participate in the country's agro-industrial expansion but also a strong signal of renewed confidence in the Exchange as a gateway for transformative capital formation." Mr. Chuka Mordi, Chief Executive Officer of Ellah Lakes Plc, described the Offer as a pivotal step in the company's evolution: "This Offer for Subscription is about unlocking the next chapter of Ellah Lakes' growth story. At an offer price of ₦12.50 per share, this raise reflects the intrinsic value of our scaled, integrated platform. We are inviting investors to participate in a clear growth trajectory built on over 30,000 hectares of resilient, diversified assets and strong processing capacity. The ₦235 billion equity expansion marks our transition from foundation building to full-scale market expansion, driving sustainable profitability and advancing Nigeria's food security agenda." Mr. Paul Farrer, Deputy Managing Director of Ellah Lakes Plc, further detailed the company's deployment strategy: "Every naira from this raise has a clear strategic purpose. The proceeds will accelerate integration of the newly acquired Agro-Allied Resources & Processing Nigeria Limited (ARPN) assets and upgrade our crude palm oil and cassava processing facilities. Our goal is to deliver a step-change in operational efficiency and scale, maximising value for shareholders and contributing to the broader agro-industrial ecosystem." The launch of the Ellah Lakes Offer for Subscription demonstrates NGX's continued commitment to connecting issuers with investors and supporting companies across growth sectors in accessing efficient capital. The transaction offers institutional and retail investors a unique opportunity to participate in one of Nigeria's most ambitious agro-industrial expansion stories, reinforcing NGX's position as the exchange of choice for transformative financing.

The Luxembourg Stock Exchange (LuxSE) unveiled today a new window on its UN-awarded platform for sustainable finance, the Luxembourg Green Exchange (LGX) - taking a step beyond its traditional security-level focus and shining the spotlight on issuers demonstrating alignment with the EU Taxonomy. The EU Taxonomy Issuers Window showcases LuxSE issuers with either Significant Turnover Alignment or Significant CapEx Alignment with the EU Taxonomy. This marks a new step for the exchange and the LGX Platform as this new window places the focus on an issuer’s overall business model and its contribution to the green activities set out in the EU Taxonomy. With this latest move, LuxSE strengthens its commitment to fostering awareness of the broader universe of investment options contributing to positive environmental outcomes, providing visibility to companies that are aligned with - or investing in – the EU’s ambitious green agenda, even if they do not issue green bonds.   Bringing issuer-level transparency to sustainable finance Introduced in 2020 and applicable from 2022, the EU Taxonomy is the European Union (EU)’s classification system for environmentally sustainable economic activities. It establishes clear criteria to help companies, investors and policymakers identify activities that make a substantial contribution to the EU’s climate and environmental objectives. Building on the EU Taxonomy and alignment data reported by issuers, LuxSE has defined two categories of companies within this window. These categories highlight the extent to which each engage in environmentally sustainable activities. The first category highlights companies with significant turnover alignment - generating more than 75% of their revenue from EU Taxonomy-aligned activities. The second category, on the other hand, features companies with significant CapEx alignment, meaning those that invest at least 75% in EU Taxonomy-aligned projects or assets, or with CapEx alignment at least 25 percentage points above turnover alignment. “As a leader in the realm of sustainable finance in Europe and worldwide, LuxSE believes it has an important role to play in accelerating the practical application of the EU Taxonomy. With the launch of our EU Taxonomy Issuers Window, we are reaffirming our move from a security-level to an issuer-level focus, helping investors identify companies demonstrating strong Taxonomy alignment and enabling issuers to showcase their efforts in aligning with the EU Taxonomy,” commented Laetitia Hamon, Head of Operations & Sustainable Finance at LuxSE. Connecting Investors and Issuers Upon launch, the EU Taxonomy Issuers Window – which is the first window exclusively dedicated to issuers with significant EU Taxonomy alignment launched by a European exchange - is publicly accessible via LuxSE’s website and provides information on issuers with securities listed or admitted on one of LuxSE’s internationally respected markets or platforms, and demonstrating Significant Turnover Alignment or Significant CapEx Alignment with the EU Taxonomy. In addition to displaying information on the entity’s overall issuer profile, all bonds listed by these issuers on LuxSE will be included in this window and form part of the LGX Platform.  “Our EU Taxonomy Issuers Window enhances transparency by connecting investors with issuers demonstrating tangible engagement in environmental sustainability. This initiative makes it easier to distinguish companies leading the transition, ensures their efforts are recognised within the broader sustainable finance market, and helps broaden the scope of investment opportunities for investors,” said Lucas Rabiot, Head of LGX Operations at LuxSE. To find out more about the EU Taxonomy Issuers Window, please visit our website or explore the window.

Our review of certain types of credit builder products found little evidence that they are effective for most consumers. We want consumers to be able to make informed decisions so that they can navigate their financial lives. That’s why we carried out work to understand how some credit builder products operate and have been working with firms and credit reference agencies (CRAs) to drive improvements in the market. Here we explain the work we’ve done, and where consumers can access useful information on improving credit profiles, such as via MoneyHelperLink is external . What we looked at Credit builder products claim to help you build a record of making payments, which could improve your credit history and score. Our review focused on specific credit builder products that simply report your regular payments to CRAs with the sole aim of helping you ‘build’ your credit score or history.   These products typically do not involve regulated credit. But because they are closely linked to the wider credit market and tend to be marketed to people who have little or no credit history, we looked at how they affect consumers. We didn’t look at other products or features often described as credit builders like low-limit credit cards, rent reporting services, or services which simply explain how your credit file works. Our key findings Effectiveness: For most consumers, there is little evidence that these credit builder products significantly improve credit scores.   Potential risks: In some cases, firms reporting payments on these products to CRAs can potentially misrepresent a customer’s financial circumstances and help facilitate access to unaffordable credit. For consumers experiencing financial difficulty, these products are even less likely to positively affect credit scores and may reduce the amount of income available for essential living expenses.   Complexity and regulation: The majority of the credit builder products we looked at are unregulated and firms often fail to clearly explain their limitations and risks.   Our work Based on our feedback, 5 firms have chosen to stop offering this type of credit builder product. Others have changed their products, business models and marketing materials. We continue to work with firms offering these products as we decide whether we should take further action. We’ve engaged with CRAs on new data reporting guidance to ensure that only appropriate information is reported that accurately reflects repayment performance. What to consider as a consumer There’s little proof that these products will help improve your credit score or make it easier to get affordable credit. Think carefully about whether these products fit your needs and are worth the cost. For more information on improving your credit profile, like tips on low-limit credit cards, or for free debt advice if you’re having money problems, visit MoneyHelperLink is external.

Broadridge Financial Solutions, Inc. (NYSE: BR), global Fintech leader, today announced record activity on its Distributed Ledger Repo (DLR) platform, which processed an average of $385 billion in daily repo transactions during October. The results mark a ~13% increase over September’s $339 billion daily average and a 492% increase year‑over‑year ($65 billion in 2024 vs. $385 billion in 2025), indicative of continued adoption of tokenized settlement. According to its latest whitepaper based on the 2025 Broadridge Tokenization Survey, titled, Next-gen markets: The rise and reality of tokenization, tokenization is reshaping capital markets, improving operational efficiency, and enhancing transparency. As direct-to-investor distribution models gain momentum, tokenization is increasingly being recognized as a transformative force — with more than 80% of early adopters citing its potential to deepen client engagement and streamline operations.  Broadridge is an early leader in supporting tokenized trading. The DLR solution is the largest institutional platform for the settlement of tokenized real assets. Broadridge has committed to supporting the trading of digital assets across its industry-leading technology platforms and unlocking new opportunities across global capital markets as the industry moves toward a digital-first financial ecosystem.  Please visit Broadridge’s DLR platform for more information and to learn more on the 2025 Tokenization Survey, download the full report here.

Uniform brand identity: “Deutsche Börse Cash Market,” “Xetra,” and “Börse Frankfurt” are bundled under the “Deutsche Börse” brand Simplified brand architecture as a clear commitment to greater accessibility and participation in capital markets Provision of a recognizable, attractive overall platform for private investors Clear differentiation between the Deutsche Börse Group and the cash market division Deutsche Börse With a clear focus on the future, Deutsche Börse Group presented its new brand structure for the cash market today. The umbrella brand for the “Deutsche Börse Cash Market” business division will now operate under the name “Deutsche Börse”. The trading venues “Xetra®” and “Börse Frankfurt” will now be known as “Deutsche Börse Xetra” and “Deutsche Börse Frankfurt”, respectively. The new brand was officially unveiled on the trading floor of the Frankfurt Stock Exchange in front of customers, partners, and guests from the financial industry. The new brand structure reduces complexity, creates clear independence, and unites the cash market brands under one strong name. But it is more than just a name change - it is a clear commitment to greater accessibility and participation in capital markets through the mobilization of private capital. The new, unified brand identity enables the implementation of a central component of cash market's business strategy: providing a recognizable, attractive overall platform for private investors. The successful launch of Xetra Retail and the planned extension of trading hours for Xetra Retail from December 1, 2025, underscore the new self-image – “Making Capital Matter.” Thomas Book, member of the Executive Board and responsible for “Trading & Clearing” at Deutsche Börse Group: “A strong capital market is the foundation for growth, innovation, and prosperity. With our new presence in the cash market under the “Deutsche Börse” brand and the slogan “Making Capital Matter,” we are sending a strong signal. As the leading stock market in Germany, we ensure transparent markets, bring companies and investors together efficiently, and offer investors fair execution. In this way, we are building trust in the markets of tomorrow and strengthening Europe's position in the global capital market.” Eric Leupold, Head of Cash Market at Deutsche Börse Group: “Capital promotes participation and prosperity. With our new identity “Deutsche Börse”, we are bringing together everything that makes the cash market strong. This is best achieved through our trading venues, where we want to become an even more attractive overall platform for private investors. With a clear name, we are making capital relevant for companies, investors, and society - and contributing to strong capital markets in Germany and Europe.” Deutsche Börse Group remains the brand for the group of companies The parent company “Deutsche Börse Group,” as a comprehensive market infrastructure provider and stock exchange organization, will retain its name and brand. The “Deutsche Börse Group” brand will continue to cover all segments of Investment Management Solutions, Post-Trading, and Trading & Clearing, as well as all business areas and subsidiaries included therein. The new brand of the “Deutsche Börse” business area in the “Trading & Clearing” segment will in future stand for the cash market business. The Frankfurt Stock Exchange will continue to perform its regulatory role unchanged and is not part of the rebran

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The Securities Commission Malaysia (SC) today officially launched investED for Returning Women, a training and re-entry programme designed to support women seeking to rejoin the capital market after a career break.    The programme will provide returning women with the essential knowledge, skills and opportunities to thrive in the capital market. The launch was officiated by Deputy Finance Minister YB Lim Hui Ying at the SC.   First announced in October this year, investED for Returning Women has received over 600 applications, reflecting strong interest and demand among women seeking structured pathways back into professional employment. Applicants’ ages range from mid 30s to late 40s, with many coming from the oil & gas, banking, finance and insurance sectors. Most applicants cited family responsibilities and caregiving as the primary reasons for the career break. investED for Returning Women is designed to support women re-entering the workforce after a career break, particularly into the capital market sector. It is delivered in two phases:   1. REFRESH (professional & personal readiness) Focuses on building confidence, reintroducing workplace culture, and enhancing soft skills through career clinics, personalised guidance, and networking to prepare participants for job placement.   2. RESKILL (technical & market competence) Equips participants with updated technical skills and industry knowledge relevant to today’s capital market, supported by structured training, industry exposure, and followup support during the first six months of employment.   These phases provide a comprehensive pathway for women to successfully return to the workforce. Participants who complete both phases will receive RM2,000 in incentive and a certificate. SC Chairman Dato’ Mohammad Faiz Azmi said the programme aligns with the SC’s efforts to enhance diversity and inclusion in the capital market workforce, where women represent a substantial part of the talent pool. “Among the top 100 listed companies on Bursa Malaysia, over 34% of board positions are held by women as at 1 Oct 2025. "With the capital market’s growing sophistication and facing a talent shortage, this programme aims to tap into the experience and expertise of returning professionals to strengthen the market’s depth and resilience," he said. Similar to the approach taken for SC’s investED Leadership Programme, investED for Returning Women combines classroom learning, mentorship, and industry placements.   The SC will also facilitate potential employment by connecting participants with partner companies. Participants will also receive guidance from seasoned professionals in leading firms. The programme is supported by the 30% Club Malaysia, LeadWomen Sdn Bhd, Securities Industry Development Corporation (SIDC), PricewaterhouseCoopers Malaysia Holdings Sdn Bhd (PwC) and Talent Corporation Malaysia Berhad. These partners play an active role in designing training modules and offering workplace placements. For more information, please visit https://www.invested.my/invested-for-women/.  

Avelacom, a global provider of low latency network and infrastructure solutions, and A-Field Tech, a low-latency computing and cloud networking deployment provider, have announced a strategic partnership to deliver fully integrated network and computing solutions for proprietary trading firms in the Asia-Pacific region. By combining Avelacom’s optimized fiber and microwave networks with A-Field Tech’s edge computing nodes as well as cloud networking expertise, the partnership reduces latency and accelerates data processing speeds, both critical for algorithmic trading, especially in fast evolving crypto markets. “With the highly volatile nature of crypto markets, trading firms require robust, sophisticated, and ultra-low-latency infrastructure to stay competitive,” says Timothy Wong, VP of Avelacom, APAC. “Our partnership with A-Field Tech strengthens our position as a comprehensive technology provider for algorithmic trading firms - spanning both connectivity and infrastructure, along with complementary services through our partner ecosystem.” “We’re excited to collaborate with Avelacom and offer our clients more options for ultra-low-latency network paths that are increasingly in demand among APAC based proprietary trading firms,” said Adam Wong, CEO of A-Field Tech. “Together, we deliver proven, end-to-end infrastructure designed for real trading environments.” About the Partnership Avelacom designs and builds optimized microwave and fiber routes for financial markets, serving global banks, market makers, and proprietary trading firms. Its carrier-grade global backbone delivers 99.9% uptime, redundancy, and SLA-backed reliability. A-Field Tech provides cloud networking and trading infrastructure deployment services that assist algorithmic trading firms to optimize performance end-to-end. It also provides an integrated edge computing stack uniting hardware and software for real-time workloads such as AI inference, Web3 node deployment, GPU clusters, and decentralized compute. The partnership unites two complementary worlds: proprietary global network and industry-leading connectivity from Avelacom and specialized cloud networking and edge deployment expertise from A-Field Tech. While Avelacom focuses on network performance and reliability, A-Field Tech focuses on cloud networking and edge-cloud management. Both A-Field Tech and Avelacom position themselves as specialized providers to serve users that look for extreme performance for specialized industry such as financial trading and AI deployment. Their partnership delivers next-generation, ultra-low-latency infrastructure for financial markets, addressing the growing demand for high-performance compute and network solutions in today’s digital infrastructure arms race.

Boerse Stuttgart Digital, Europe’s leading crypto infrastructure partner, announces its partnership with Ilirika, one of the most prominent brokerage companies in Slovenia, aimed at expanding MiCAR-compliant access to crypto services across Europe. Through the integration of Boerse Stuttgart Digital’s institutional-grade brokerage and custody solutions, clients of Illirika gain reliable and regulated access to cryptocurrencies. Boerse Stuttgart Digital will be fully embedded within Ilirika’s platform, enabling seamless trading and secure custody for its clients. “As Europe’s leading crypto infrastructure partner, our mission is to drive the mass adoption of cryptocurrencies by providing institutional-grade trading and custody solutions,” said Joaquín Sastre Ibáñez, Head of Institutional Business at Boerse Stuttgart Digital. “We are delighted to partner with Ilirika, one of Slovenia’s leading brokerage companies, to broaden easy and reliable crypto access in Europe. Together, we offer their clients exposure to digital assets without compromising on trust, security, or compliance.” This partnership unites two regulatory pioneers: Boerse Stuttgart Digital, the first provider in Germany and Ilirika, the first company in Slovenia, to receive the EU-wide license to offer crypto services under MiCAR. "As the first firm in Slovenia licensed under MiCAR, Ilirika is raising the bar for secure, regulated access to digital assets. Partnering with Boerse Stuttgart Digital embeds institutional-grade trading and custody into our platform combining EU-level compliance, robust risk management, and bank-grade safeguarding so our clients can engage with crypto confidently and responsibly,” comments Igor Štemberger, President of the Management Board at Ilirika. Crypto adoption is accelerating, with an annual growth rate of 7% in Slovenia and nearly 50% across Eastern Europe. These numbers underscore the need for financial institutions to integrate crypto into their offerings or risk missing significant business opportunities. Through their partnership, Boerse Stuttgart Digital and Ilirika aim to meet the rising demand for MiCAR-compliant trading and custody solutions in the region and across Europe.

LSEG announces it has purchased the following number of its ordinary shares of 679/86 pence each from Citigroup Global Markets Limited ("Citi") on the London Stock Exchange as part of its share buyback programme, as announced on 04 November 2025. Date of purchase: 07 November 2025 Aggregate number of ordinary shares purchased: 207,500 Lowest price paid per share: 9,262.00p Highest price paid per share: 9,544.00p Average price paid per share: 9,334.69p   LSEG intends to cancel all of the purchased shares. Following the cancellation of the repurchased shares, LSEG has 516,231,262 ordinary shares of 679/86 pence each in issue (excluding treasury shares) and holds 24,051,599 of its ordinary shares of 679/86 pence each in treasury. Therefore, the total voting rights in the Company will be 516,231,262. This figure for the total number of voting rights may be used by shareholders (and others with notification obligations) as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (as such legislation forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018, as implemented, retained, amended, extended, re-enacted or otherwise given effect in the United Kingdom from 1 January 2021 and as amended or supplemented in the United Kingdom thereafter), a full breakdown of the individual purchases by Citi on behalf of the Company as part of the buyback programme can be found at: http://www.rns-pdf.londonstockexchange.com/rns/7631G_1-2025-11-7.pdf This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. Schedule of Purchases Shares purchased:      207,500 (ISIN: GB00B0SWJX34) Date of purchases:      07 November 2025 Investment firm:         Citi Aggregate information: Venue Volume-weighted average price Aggregated volume Lowest price per share Highest price per share London Stock Exchange 9,334.69 207,500 9,262.00 9,544.00 Turquoise        

Today LSEG is hosting an Innovation Forum for investors and analysts at its offices in Paternoster Square, London. During the event we will cover the Group's strategy and execution, outline our AI strategy and engineering transformation, and showcase product innovation across the business. We will also discuss our LSEG Everywhere strategy for content distribution in more detail. No new material financial disclosure or guidance will be given. The majority of the event will be available via webcast. Please use the following link to register for the webcast: https://www.lseg.com/en/investor-relations Approximate timings (GMT) for the webcast are as follows: 12:30   Group strategy and execution  13:00   Engineering transformation and AI strategy   13.50   Data & Analytics strategy   14.20   Data & Analytics product demos  17:15   Q&A All of the materials for the event will be available on our website at https://www.lseg.com/en/investor-relations.        

Nigeria's equities market closed the week ending November 7 with a N2.8 trillion decline in market capitalization, but market analysts are optimistic, characterizing the downturn as a healthy correction that presents attractive entry points for long-term investors seeking value.The pullback followed recent remarks from US President Donald Trump threatening military action against Nigeria, which prompted some cautious repositioning, alongside natural profit-taking following previous rallies. This drove declines across several blue-chip counters.However, experts remain bullish on the market's prospects. Aruna Kebira, Managing Director/CEO of Globalview Capital Limited, described the downturn as temporary, noting that strong fundamentals underpin the market. "The current downturn is temporary as fundamentals remain strong," he said. "Valuations are now even more attractive and should soon draw renewed buying interest."Data from NGX showed the All-Share Index (ASI) declined 2.11% week-on-week to close at 149,524.83 points, while market capitalisation dropped to N94.9 trillion from N97.7 trillion the previous week.Despite the weekly decline, the broader market picture remains positive. In the nine months to September 2025, total equities transactions on NGX reached N8.538 trillion, with domestic investors accounting for 78.44% of trading activity. Significantly, foreign inflows of N1.030 trillion exceeded outflows of N810.39 billion, demonstrating continued international confidence in Nigerian equities.Jude Chiemeka, Chief Executive Officer of Nigerian Exchange Limited (NGX), views the correction as an opportunity for strategic portfolio positioning. "A well-diversified portfolio across equities, fixed income, and alternative assets helps investors manage risk and capture opportunities as the market recalibrates," he said.Market watchers note that while uncertainty surrounding the planned 25% capital gains tax set to take effect in 2026 may have amplified the correction, Nigeria's corporate fundamentals remain robust. Listed firms continue to sustain profitability and dividend payouts across key sectors, signaling underlying strength.Analysts encourage investors to view the pullback as a strategic repositioning phase rather than a prolonged downturn, emphasizing that disciplined investors can capitalize on improved valuations to build long-term wealth.

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