The Fixed Income Clearing Corporation has experienced record growth in US Treasury clearing, despite the SEC's decision to postpone the clearing mandate by a year. Average daily volumes have surged from $7 trillion to over $9 trillion, with a peak of $11.4 trillion cleared on a single day in April.

The European Union T+1 Industry Committee has urged financial firms to invest in automation to prepare for the transition to a one-day securities settlement regime in 2027, highlighting the need to eliminate manual processes to avoid bottlenecks. The shift, which will align the EU with the US, is expected to be more complex due to the fragmented nature of the European market.

The European Energy Exchange will launch 17 new spread contracts in October, allowing clients to trade the price differentials between its power and natural gas markets. The offerings include both spark spreads and bespoke financial-physical natural gas spreads.

The National Stock Exchange of India plans to introduce monthly electricity futures July 11 accompanied by a liquidity enhancement scheme to attract market makers and boost trading. The scheme offers significant financial incentives, with the primary market maker eligible for INR8.5 million monthly and the second for INR4.5 million.

Alex Lenhart, head of sales at GFO-X, has left less than two months after the UK's first regulated crypto-derivatives market went live. Lenhart, who joined GFO-X in September 2021, says he will remain an investor and shareholder.

Islamic derivatives usage is set to increase, driven by market volatility, regulatory changes and a growing Islamic banking sector, Fitch Ratings says. About 75% of Fitch-rated Islamic banks used Islamic derivatives from 2024 to mid-2025, with profit-rate swaps, forward foreign exchange contracts and cross-currency swaps proving popular.

Stablecoin provider Circle has applied to the US Office of the Comptroller of the Currency for a national trust bank charter, which would allow the company to act as custodian for its own reserves. The company would become the second crypto firm with a federal bank charter if approved.

Robinhood Markets has announced a major expansion into cryptocurrency, aiming to make its app a central hub for digital assets. The initiative includes offering tokenized stocks to European customers, developing a proprietary blockchain, and introducing perpetual futures for bitcoin and ether.

Cboe Global Markets experienced a significant surge in credit index futures trading volume in May, driven by the integration of these products into a range of portfolio strategies. The firm's US dollar corporate bond futures--IBIG and IBHY--both nearly doubled their contract volume compared to the same period last year. Open interest reached consecutive record highs, with IBHY at $1.2 billion and IBIG at $598 million.

SGX Group CEO Loh Boon Chye outlined his vision to expand the exchange's global relevance through multi-asset innovation, market integrity, and ecosystem collaboration. Citing transparency, honesty, and integrity as guiding values, Loh aims to position SGX as a hub for Asian and global risk management.

B3 and CME Group have introduced new derivatives contracts across rates, crypto, equities, and energy. CME added spot-quoted crypto and FX futures, while B3 launched contracts tied to ESTR, SOFR, and TIIE, reflecting broader efforts to meet evolving market demand and volatility.