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The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.

Adena Friedman, chair and chief executive of Nasdaq, said the group’s index business had a stellar first quarter as assets in exchange-traded products linked to its indices reached more than $500bn for the first time. Friedman said on Nasdaq’s first quarter results call on 25 February that the index business had exceptional momentum in the first quarter with revenue increasing 53% to $168m. Nearly three quarters, 70%, of revenue comes from the Nasdaq 100 franchise.

As multi-asset trading becomes increasingly common, firms across the industry need to be open to change, market participants advise. That being said, it’s vital to be aware of the risks that these changes bring, along with their opportunities. Read on for more coverage of TradeTech’s multi-asset conversation.

The slowdown in FX volatility towards the end of 2023 led to the negative impacts on earnings for North American and European corporates more than halving, according to the latest Currency Impact Report from Kyriba. The report analyses the earnings calls of 1,700 publicly traded North American and European companies as part of a continued effort to provide insight into how foreign exchange impacts the revenue, earnings, and cash flow of global organisations

TradeTech panellists discussed ongoing market structure changes within Europe including the need for good data when developing a consolidated tape and whether too much fragmentation could be detrimental to the European market landscape.