Exchange Invest’s Post

With #TXSE's upcoming launch, people have asked me for comment on why prop firms invest in exchanges. When #MEMX and #MIAX launched, they also had a bevy of prop shops that invested. MIAX gave big fee incentives for the prop firms that invested in them, i.e. the prop firms were prepaying for a big discount in hopes to save significant trading costs in the future when the exchange actually has substantial ADV. Propping up other exchanges also helps market makers exert some competitive pricing control over the big three (#NYSE, #Nasdaq, #Cboe), who are not beholden to any one prop shop or even prop firms as a whole and can set whatever fees or trading rules they want that potentially hurt these prop firms. Keep in mind a single prop firm could make up like 2-40% of the trading revenues of an exchange, so they're extremely sensitive to these fees and rules. Other than that it's just a regular investment decision in a familiar business? #MIAX and #TXSE's founders are obviously well-connected in this industry and had an easier time fundraising within the industry. On the other hand #IEX and #LTSE were more like outsiders.

Shelly Group ($SLYG) plans expansion onto the electronics trading platform XETRA. As the company prepares to launch trading on this new platform, the left bar shows an impressive entire trading volume on that platform, that is sure to attract attention. Currently trading of Shelly Group on the floor of Deutsche Börse - the right bar shows the volume of trades there - has caught the eye of early, #smallcap #investors. Keep an eye on Shelly Group as it continues to make moves in the trading industry. #ShellyGroup #XETRA #DeutscheBörse #TradingVolume DISC Long

🚀 Breaking News! 🚀 It's high time we recognized the power of regional stock exchanges! Just read a fantastic piece on the emerging Texas stock exchange, echoing everything ASMX has advocated for the past 4 years. Here's the scoop: regionalization isn't just a cool concept—it's essential for integrating local economies into the digital world, and yes, the skeptics are slowly but surely getting onboard. Why are local exchanges crucial, you ask? They represent a direct pipeline for smaller businesses to thrive through more localized investment opportunities, perfectly aligning with digital advancements. We've been playing this long game at ASMX, bridging traditional finance and tech to breathe life into these regional hotspots. So, what's your take? Ready to support a more connected financial ecosystem where local markets get the spotlight they deserve? Let's chat below! 📈 #ASMX #Exlayr #FinancialDebate #InnovationChallenge 👉 httpsF://https://lnkd.in/eTgKVicJ

The Euronext Universal Registration Document 2023 is available for download. In 2023, #Euronext demonstrated exceptional resilience and growth, showcasing its diversified portfolio and strengthened position in the market. The company achieved record revenue close to €1.5 billion, driven by robust performances in non-volume related activities, as well as fixed income and power trading franchises. This impressive financial performance was underpinned by trademark cost discipline, favorable FX impacts, and strategic accruals release, resulting in lower costs compared to guidance. Consequently, Euronext achieved an adjusted EBITDA of €864.7 million, translating into an adjusted EPS of €5.51. Reflecting this success, a total dividend of €256.8 million will be proposed at the upcoming annual general meeting in May 2024. Read more and download the full document here: https://lnkd.in/epARP_9Q

The #NYSE has proposed a rule granting it discretionary authority to delist companies that change their primary business focus to a “substantially different” area of business, with delisting actions to be undertaken following a qualitative assessment of a company’s suitability for continued listing. If adopted, companies listed on the NYSE should monitor any delisting actions to better understand the “substantially different” standard, and companies contemplating a change in business focus should consider how the NYSE would view their suitability for continued listing following such change. https://bit.ly/4dA8S9p David Sakowitz | Ben Smolij | Andrew Butler | #WinstonTransactions

#StockConnect marks its 10th anniversary with record-breaking trading volumes! On 30 September 2024, Northbound and Southbound turnover (buy and sell trades) soared to record highs, hitting RMB356.9 billion and HK$208.7 billion, respectively. Learn more about the most-utilised China access channel for international investors!

#StockConnect marks its 10th anniversary with record-breaking trading volumes! On 30 September 2024, Northbound and Southbound turnover (buy and sell trades) soared to record highs, hitting RMB356.9 billion and HK$208.7 billion, respectively. Learn more about the most-utilised China access channel for international investors!

US stock quick picks - Aug 3 Shortlist of US stocks   Top Movers: Under $10 VSee Health Inc. (VSEE) is up 112.35% today to trade at the current level of $5.16. This comes after the company announced an agreement with Ava Robotics to develop Telepresence solutions for the Hospital Inpatient Intensive Care Market. OS Therapies Inc (OSTX) zoomed 45.00% in today’s trade to $3.64 after announcing the formation of a Patient Advocacy Advisory Board (PAAB) for its osteosarcoma program. In current trading, MKDWELL Tech Inc. (MKDW) stock is at $3.15 following its recent listing on the Nasdaq on August 1, 2024. Exicure Inc (XCUR) rose 33.99% in the early hours of today's trading to move at $0.66. The company received a positive listing determination from Nasdaq. In the current trading session, Cerus Corp. (CERS) #trump #equities #shares #Ratecut #S&ampP #bonds #fixedincome #Fed #DJIA #Earnings #forex #crypto #gold To stay updated, subscribe at www.moneysmartgirl.com

We are happy to announce that the Indxx Front of the Q Index has been licensed to Direxion ETFs. Two ETFs, Direxion Daily Concentrated Qs Bull 2X Shares (Ticker: QQQU) and Direxion Daily Concentrated Qs Bear 1X Shares (Ticker: QQQD) tracking this index started trading in New York today. For more information about the underlying benchmark, visit https://lnkd.in/dDApneac. #Indxx #IndexingRedefined #IndxxFrontoftheQ #Direxion

Not all transfer agents are the same. And if you follow Seth Farbman, he'll remind you that there's value in every relationship. Since joining OTC's Transfer Agent Verified Shares Program, VStock Transfer has been providing the public with timely and accurate share structure information on otcmarkets.com, including shares authorized, total shares outstanding, and freely trading vs. non-freely trading. We are thrilled to announce that Cabbacis(OTCQB:#CABI) and Nexscient™ (OTCQB:#NXNT), both VStock Transfer clients, were approved for listing on the OTCQB Venture Market earlier this month. This marks the beginning of an exciting new chapter for both companies as they take their first steps toward increased visibility and access to a broader pool of investors. Curious about the upcoming changes to the #Pink market in 2025 and how they’ll impact companies transitioning to OTCQB? Tune in to our quick video that walks you through the key changes and important deadlines for companies navigating this transition. https://lnkd.in/gX_8wVMX #microcap #otcmarkets #tavsp #transferagent #otcid