The global FMI newsroom feed.
Reverse-chronological coverage of developments that clear the newsroom’s significance threshold, with source-led context on what happened, why it matters, who it affects and what to watch next.
SGX’s smaller board lots draw immediate first-day use
SGX’s first session with 10-share board lots showed immediate use of smaller trade sizes: more than 20,000 trades were executed in 10-share lots across the initial 11 securities, while 55% of trades fell below the former 100-share minimum.
Eurex takes centrally cleared equity derivatives into Japan
Eurex will enter Japanese single-stock derivatives on 2 November with futures and dividend futures on an initial 10 Nikkei 225 names, giving global investors a centrally cleared alternative to bilateral equity-financing swaps.
ICE opens London precious-metals futures to central clearing
ICE has opened trading in a new London precious-metals futures suite, bringing gold, silver, platinum and palladium into a centrally cleared market linked to the world’s largest physical bullion hub.
RBA submissions spotlight wallet access and AI-agent payment risks
The Reserve Bank of Australia’s summary of 75 submissions puts mobile-wallet access, debit-network routing, token portability and AI-agent payments into the same regulatory decision frame. The RBA will choose its priority issues by the end of 2026 before further consultation from mid-2027.
Nasdaq rewrites circuit-breaker reopening for 23-hour trading
Nasdaq has filed to preserve a 4:00 a.m. ET or later reopening after a Level 3 market-wide circuit-breaker halt when its 23-hour weekday trading schedule begins.
CFTC sketches a federal market model for leveraged retail crypto
The CFTC has opened an advanced rulemaking process for a federal regime covering leveraged or margined retail crypto transactions, including a new crypto asset market venue category.
OCC adds IEX Options as its 20th options-exchange venue
OCC will provide central-counterparty clearing and settlement for IEX Options, taking the U.S. listed-derivatives clearinghouse to 20 participant options exchanges.
CME brings Micro WTI weekly options to five expiries a week
CME Group has launched Monday-through-Thursday Micro WTI weekly options, extending the smaller-sized crude-oil contract to an expiry on every trading day.
OKXICE files to open 24/7 tokenized U.S. stock venue
OKXICE has moved from partnership concept to regulatory execution, filing to operate a round-the-clock venue for tokenized U.S. stocks under the SEC’s new Innovation Exemption.
OKX and BitGo take off-exchange settlement international
BitGo and OKX have expanded their off-exchange settlement integration to eligible institutions outside the United States, allowing access to OKX liquidity while supported assets remain in segregated custody with BitGo Singapore.
ECB discloses binding framework behind Pontes tokenised settlement
The European Central Bank has disclosed that the legal agreement underpinning Pontes was approved on 11 August and that the Eurosystem launch was recommended for 21 September. The decision trail confirms that tokenised wholesale transactions now have a production-grade route to settle in central bank money while the permanent Appia architecture remains under development.
SEC moves crypto custody into formal fund infrastructure
The Securities and Exchange Commission (SEC) has proposed a crypto-specific custody framework for advisers and regulated funds, reopening rules written for conventional assets and defining new routes for adviser or fund self-custody and state trust-company custody.
BoE advances 2028 central-bank-money link for tokenised markets
The Bank of England has reaffirmed its 2028 target for a live synchronisation service linking external tokenised platforms to RTGS central bank money, while testing the model through its Synchronisation Lab and preparing a wider UK tokenisation roadmap later in 2026.
Hong Kong sets Q2 2028 derivatives investor-ID launch
Hong Kong’s Securities and Futures Commission has set an operational roadmap for a second-quarter 2028 launch of investor identification in exchange-traded derivatives. Firms must begin client-consent and identity-data work now, rebuild order-management and reporting flows through 2027, then complete testing and market rehearsals before go-live.
Coinbase brings USDC-native clearing into its US derivatives stack
The CFTC has registered Coinbase Clearing LLC as a derivatives clearing organization permitted to clear fully collateralised futures, options on futures and swaps. Coinbase says the new USDC-native clearer completes its regulated US derivatives stack and is designed for USDC collateral and 24-hour settlement.
ESMA brings Nasdaq-100 into the EU significant-benchmark perimeter
Eurex cuts high-volume Single-ISIN repo clearing fee floor
Eurex Clearing has introduced a volume threshold for Single-ISIN repo transactions: after the first 1,000 trades per Clearing Member or Market Participant in a calendar month, the minimum clearing fee falls from €15 to €3 per additional trade.
Korea draws T+1 and tokenisation lessons from DTCC, Nasdaq and HKEX
South Korea’s Financial Services Commission has drawn on DTCC, Nasdaq and HKEX experience as it sequences tokenised-securities infrastructure and considers shorter equity settlement. DTCC said the US T+1 move required more than three years of preparation, while HKEX highlighted the strain created when settlement reform competes with tokenisation, longer trading hours and cross-time-zone operations.
ESMA pushes MiCA into DeFi access and on-chain settlement
ESMA has asked the European Commission to extend and simplify MiCA, including a regulated service for access to DeFi protocols, binding token-classification opinions and a future framework for tokenised securities and on-chain settlement.
BoE warns risks are converging as gilt-market leverage stays elevated
The Bank of England’s Financial Policy Committee says interconnected financial vulnerabilities are more likely to crystallise together as sovereign yields tighten conditions, gilt-market leverage remains elevated and AI-related financing broadens capital-market exposures.
