OKX and ICE's joint venture OKXICE plans to launch a US tokenized stock venue on November 23 and list 70+ assets; 56 of the 62 companies it targeted objected (Scott Patterson/Bloomberg)

More in Finance

• Dollar climbs as traders raise December Fed hike bets

  Hotter-than-expected October consumer inflation and hawkish rhetoric from Federal Reserve officials have compelled financial institutions to adjust their policy forecasts. This shift has widened interest-rate differentials and amplified safe-haven flows tied to geopolitical tensions involving the U.S., Israel, and Iran. Consequently, foreign currencies are under pressure as greenback momentum drives major exchange rates to multi-month extremes.

  2 min read
• CME cattle futures end mixed after two-day rebound from multi-month lows

  Meat processing margins staged a dramatic turnaround, shifting from negative territory to positive returns and helping underpin livestock trading floors. While tight inventories and cheaper feed grains offered fundamental support, technical selling and profit-taking emerged to cap nearby contract advances. Moving into the critical holiday season, traders remain cautious about whether sustained consumer inflation will curb retail demand for pricy beef cuts.

  1 min read
• Canada Pension Aims to Double Hedge Fund Bets to $160 Billion

  Leaders at the nation's premier retirement fund are leveraging strong recent performance across quant, macro, and fixed-income strategies to justify a massive capital ramp-up. The move mirrors expectations that the broader portfolio will experience parallel growth over the next seven years. Securing capacity with elite external managers remains central to navigating volatile market conditions.

  2 min read