SEF

Tradeweb Reports November 2023 Total Trading Volume of $38.2 Trillion and Record Average Daily Volume of $1.80 Trillion

Retrieved on: 
Tuesday, December 5, 2023

Record European government bond volumes were supported by sustained rates market volatility and strong volumes by hedge fund accounts.

Key Points: 
  • Record European government bond volumes were supported by sustained rates market volatility and strong volumes by hedge fund accounts.
  • Swaps/swaptions ≥ 1-year ADV was up 178.4% YoY to $580.8bn and total rates derivatives ADV was up 132.6% YoY to $795.1bn.
  • Record European credit volumes were supported by strong activity in portfolio trading and Tradeweb Automated Intelligent Execution (AiEX).
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

Software-Enabled Flash Announces Release of Software Development Kit

Retrieved on: 
Monday, December 11, 2023

SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- The Linux Foundation is excited to announce a significant milestone in the realm of storage technology with the release of the Software Enabled Flash(™) (SEF) Software Development Kit (SDK). The SDK is donated by KIOXIA – a major contributor to the Software-Enabled Flash project – KIOXIA's hardware and SDK launch marks a transformative moment for developers seeking unparalleled access to the creative potential of flash storage applications.

Key Points: 
  • SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- The Linux Foundation is excited to announce a significant milestone in the realm of storage technology with the release of the Software Enabled Flash (™) (SEF) Software Development Kit (SDK).
  • The SDK is donated by KIOXIA – a major contributor to the Software-Enabled Flash project – KIOXIA's hardware and SDK launch marks a transformative moment for developers seeking unparalleled access to the creative potential of flash storage applications.
  • The SEF project is thrilled to welcome KIOXIA's groundbreaking donation of the software-defined flash native SDK, empowering developers with unprecedented capabilities to craft custom and unique software for flash storage applications.
  • "We are extremely happy to reach this milestone and release the software development kit to the Software-Enabled Flash project," said Eric Ries, Senior Vice President of the Memory and Storage Strategy Division for KIOXIA America, Inc. "This release now opens the way to new and innovative uses of flash for storage applications that leverage the creativity and inventiveness of the users, developers, and the open-source communities."

SEC Adopts Rules for the Registration and Regulation of Security-Based Swap Execution Facilities

Retrieved on: 
Thursday, November 2, 2023

Washington, D.C.--(Newsfile Corp. - November 2, 2023) - The Securities and Exchange Commission today adopted new Regulation SE under the Securities Exchange Act of 1934 to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - November 2, 2023) - The Securities and Exchange Commission today adopted new Regulation SE under the Securities Exchange Act of 1934 to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).
  • “Adopting Regulation SE fulfills Congress’s mandate and increases the transparency and integrity of the security-based swap market,” said SEC Chair Gary Gensler.
  • “In taking up these matters in 2021, we heard from many market participants suggesting that we should look to the Commodity Futures Trading Commission’s (CFTC) rules for swap execution facilities as our template.
  • In adopting Regulation SE, the Commission has sought to harmonize as closely as practicable with parallel rules of the CFTC that govern swap execution facilities (SEFs) and swap execution generally.

Tradeweb Reports October 2023 Total Trading Volume of $37.2 Trillion and Record Average Daily Volume of $1.75 Trillion

Retrieved on: 
Friday, November 3, 2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for October 2023 of $37.2 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for October 2023 of $37.2 trillion (tn).
  • Average daily volume (ADV) for the month was a record $1.75tn, an increase of 66.3 percent (%) year-over-year (YoY).
  • Swaps/swaptions ≥ 1-year ADV was up 121.1% YoY to $463.4bn and total rates derivatives ADV was up 174.0% YoY to $749.6bn.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

Portugal Pathways Warns of 'Ticking Bureaucratic Bomb' as 350,000 Visa Applications Backlog Grows in Portugal

Retrieved on: 
Friday, November 3, 2023

Portugal Pathways is calling on the Portuguese government to invest in AIMA so that it can process visa applications more efficiently.

Key Points: 
  • Portugal Pathways is calling on the Portuguese government to invest in AIMA so that it can process visa applications more efficiently.
  • "People's futures should not be derailed due to a bureaucratic backlog," said a spokesperson for Portugal Pathways.
  • "Portugal is a wonderful country with a lot to offer," said a spokesperson for Portugal Pathways.
  • Portugal Pathways and its professional supply chain partners will continue to advocate for people moving to Portugal, but they cannot guarantee that visa and NHR tax status applications will be processed by the deadlines.

Software Enabled Flash Support Announced for New Hardware Module Samples

Retrieved on: 
Tuesday, October 17, 2023

SAN JOSE, Calif., Oct. 17, 2023 /PRNewswire/ -- Announced today, new hardware module samples delivered by KIOXIA America, Inc. support the Linux Foundation's vendor-neutral Software-Enabled Flash Project (SEF). Built for the demanding needs of hyperscale environments, Software-Enabled Flash technology helps hyperscale cloud providers and storage developers maximize the value of flash memory.

Key Points: 
  • SAN JOSE, Calif., Oct. 17, 2023 /PRNewswire/ -- Announced today, new hardware module samples delivered by KIOXIA America, Inc. support the Linux Foundation's vendor-neutral Software-Enabled Flash Project (SEF).
  • Built for the demanding needs of hyperscale environments, Software-Enabled Flash technology helps hyperscale cloud providers and storage developers maximize the value of flash memory.
  • New hardware module samples being delivered by KIOXIA are putting SEF into the hands of developers, allowing developers and customers to effectively evaluate the capabilities of software-enabled flash storage for their specific applications.
  • "We are very pleased to see the first hardware samples with support for the Linux Foundation's Software-Enabled Flash technology being delivered by KIOXIA," said Mike Dolan, senior vice president and general manager of projects for the Linux Foundation.

Cboe Global Markets Reports Trading Volume for September 2023

Retrieved on: 
Wednesday, October 4, 2023

The above represents average revenue per contract (RPC) or net capture is based on a three-month rolling average, reported on a one-month lag.

Key Points: 
  • The above represents average revenue per contract (RPC) or net capture is based on a three-month rolling average, reported on a one-month lag.
  • For U.S. Equities – Off-Exchange, "net capture per 100 touched shares" refers to transaction fees less OMS/EMS costs and clearing costs divided by the product of one-hundredth ADV of touched shares on BIDS Trading and the number of trading days for the period.
  • For Japanese Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in Japanese Yen divided by the product of ADNV in Japanese Yen of shares matched on Cboe Japan and the number of trading days.
  • Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.

Tradeweb Reports September 2023 Total Trading Volume of $31.8 Trillion and Record Average Daily Volume of $1.57 Trillion

Retrieved on: 
Wednesday, October 4, 2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for September 2023 of $31.8 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for September 2023 of $31.8 trillion (tn).
  • Average daily volume (ADV) for the month was a record $1.57tn, an increase of 30.8 percent (%) year-over-year (YoY).
  • Strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

Tradeweb Announces JSCC Clearing for MTF and SEF Yen Swap Transactions

Retrieved on: 
Tuesday, September 19, 2023

The enhancement follows JSCC’s decision to support MTF and SEF trading, replacing a previously time-consuming and redundant confirmation (or take-up) process between the clearing house and Clearing Brokers subsequent to the execution of their clients’ Yen swap transactions.

Key Points: 
  • The enhancement follows JSCC’s decision to support MTF and SEF trading, replacing a previously time-consuming and redundant confirmation (or take-up) process between the clearing house and Clearing Brokers subsequent to the execution of their clients’ Yen swap transactions.
  • JSCC provides clearing services for listed cash and derivatives, over-the-counter (OTC) derivatives and OTC Japanese Government Bond cash and repo transactions for both domestic and foreign financial institutions.
  • Clearing volume of Yen swaps on JSCC reached JPY 1,181 trillion as of August 2023, exceeding the previous record of 2022 yearly total of JPY 1,111 trillion.
  • A year later, Tradeweb executed its first regulated Yen swap transaction on its Electronic Trading Platform (ETP) under Japan’s mandatory trading rules.

Software-Enabled Flash Empowers Hyperscalers with New Command Set Specification

Retrieved on: 
Wednesday, September 20, 2023

SAN FRANCISCO, Sept. 20, 2023 /PRNewswire/ -- Today, the Linux Foundation announced that KIOXIA America, Inc. has donated a command set specification to the Software-Enabled Flash (SEF) open source project. Software-Enabled Flash is a software-defined technology that delivers the full power and performance of flash memory into storage applications and development projects. Designed to harness the full potential of flash memory, SEF is now poised to benefit hyperscale environments, providing an unparalleled level of control over flash-based storage solutions.

Key Points: 
  • SAN FRANCISCO, Sept. 20, 2023 /PRNewswire/ -- Today, the Linux Foundation announced that KIOXIA America, Inc. has donated a command set specification to the Software-Enabled Flash (SEF) open source project.
  • Software-Enabled Flash is a software-defined technology that delivers the full power and performance of flash memory into storage applications and development projects.
  • New SEF specification donated by Kioxia focuses on maximizing flash memory value for data centers.
  • "The Software-Enabled Flash Project will benefit from this important specification from KIOXIA," said Hilary Carter, SVP Research & Communications at The Linux Foundation.