Shanny Basar

1 week ago | thebanker.com | Shanny Basar

In December last year, the management of Apotea, the Swedish online pharmacy, went out to celebrate going public on Nasdaq Stockholm and were hugged by members of the public who had bought shares and turned a profit. The initial public offering was the largest on Nasdaq’s European markets in 2024 by market capitalisation, at SKr6.04bn ($624mn). Pär Svärdson, chief executive of Apotea, says listing in Stockholm was the “obvious choice” as the firm has 3mn active customers in Sweden.

1 week ago | marketsmedia.com | Shanny Basar

Depository Trust & Clearing Corporation (DTCC), the U.S. post-trade market infrastructure, has launched a new unified digital collateral infrastructure for the industry. Nadine Chakar, global head of DTCC Digital Assets, told Markets Media that the company has introduced DTCC Digital Launchpad, its digital sandbox, over the past several months and the DTCC Composer X suite of platforms.

1 week ago | marketsmedia.com | Shanny Basar

Craig Donohue, who will take over as chief executive of Cboe Global Markets, successfully completed more than $20bn in mergers and acquisitions when he led CME Group, and will consider both organic and inorganic growth strategies. Fredric Tomczyk, chief executive of Cboe Global Markets, began the first quarter results call on 2 May 2025 by expressing support for the announced appointment of Craig Donohue as Cboe’s new chief executive.

1 week ago | marketsmedia.com | Shanny Basar

Interest rate ADV grew 46% to 18.4 million contractsRecord monthly ADV in equity index and metals productsRecord monthly international ADV of 10.9 million contractsCME Group, the world’s leading derivatives marketplace, reported its April 2025 market statistics reached an all-time monthly average daily volume (ADV) record of 35.9 million contracts, an increase of 36% year-over-year.

1 week ago | marketsmedia.com | Shanny Basar

Apollo announced the final close of Apollo S3 Equity and Hybrid Solutions Fund I, the flagship equity secondaries drawdown strategy of Apollo’s Sponsor and Secondary Solutions (S3) platform, with approximately $5.4 billion in commitments. The final closing exceeded the target, reflecting strong support from a diverse group of global investors including pension funds, sovereign wealth funds, financial institutions and the Wealth segment.