FIA has expressed support for the European Commission's Market Integration and Supervision Package but has cautioned against creating overlapping supervision and additional compliance burdens. FIA's position paper highlights the need for reforms to reduce fragmentation and improve legal certainty, focusing on changes to the European Securities and Markets Authority Regulation, the European Market Infrastructure Regulation and the settlement finality regime. FIA recommends a single supervisory interface for central counterparties and stronger no-action powers for ESMA.

Nasdaq plans to introduce 23-hour trading five days a week starting December 6 as part of its Always-On market initiative, aiming to modernize market operations. The Securities and Exchange Commission has approved this move, which will expand trading hours and enhance market data availability. Additionally, Nasdaq is working on the tokenization of equities and has seen significant growth in its index business, with record assets under management and new partnerships with BlackRock and State Street.

Oil executives are voicing concerns about the gap between current oil prices and futures, with Diamondback Energy CEO Kaes Van't Hof calling the latter "misleading" and a deterrent to drilling investment. "The real problem is the back end of the curve is lying to us," Van't Hof said

HKEx head of markets Gregory Yu outlined growth plans focused on enhancing market access and product diversity across fixed income, currencies and commodities at FIA Hong Kong Forum. Yu highlighted the importance of risk management and diversification for global investors, noting a record average daily volume of 1.7 million contracts in 2025. Yu also emphasizes the exchange's efforts to extend trading hours to overlap with US markets and the development of a new derivatives platform, Orion, set for 2028.

Hong Kong can enhance its position as an offshore derivatives hub for China by focusing on operational development and reducing market friction, according to panelists at the FIA Hong Kong Forum. Chris Bainbridge of SG Securities highlights the importance of price transparency and market depth, while Brian Roberts of Hong Kong Exchanges and Clearing emphasizes the need to extend trading hours. Russell Beattie of CME Group notes the significant growth in trading volume in Asia-Pacific, driven by Hong Kong and China.

The National Stock Exchange of India will double the refresh rate of its Nifty 50 index to 250 milliseconds to better accommodate high-frequency trading. The change, effective May 11, reflects the index's growing use in financial product valuation and derivatives trading.

The carry trade is experiencing a major revival as easing Middle East tensions and collapsing market volatility restore investor confidence. Major asset managers are returning to the strategy, which involves borrowing in low-yield currencies and investing in high-yield ones. With volatility at multi-month lows, banks including Citi and Goldman Sachs continue to recommend the strategy.

The London Stock Exchange Group has reported record revenue in the first quarter, with total income excluding recoveries rising 9.8% from a year earlier, driven by strong performance across all divisions. The company is confident in meeting financial targets for 2026 and expects full-year revenue growth to be at the upper half of the 6.5% to 7.5% guidance range.

Vanguard CEO Salim Ramji has expressed concern about prediction markets, saying at an Economic Club of New York event that they can be a "form of financial exploitation." Ramji says that one-third of Generation Z has invested in or considered investing in such markets, potentially under the misconception that doing so is a fast track to financial security.

Crypto exchanges are increasingly offering bank-like services despite lacking the protection traditional finance institutions ensure, a Bank for International Settlements report has found. "What looks like a high-yield savings product is, in reality, an unsecured loan to a lightly regulated shadow bank," said the report, adding the biggest concern was how quickly earn and yield products were growing.