Regionals tap FHLB advances as Fed eases liquidity stance

Some smaller US banks upped their borrowing from the Federal Home Loan Bank (FHLB) system in Q4 2025, with Old National Bancorp leading the way, increasing its borrowings by 10.1% to $6.2 billion, the highest level since at least 2022.

Market-makers seek answers about CME’s cloud move

“There’s a general concern around a lack of evidence that the cloud matching will ever be able to provide a deterministic platform. We’re being told that it might be using some proprietary Google hardware that no one is aware of” – head of a Chicago-based proprietary trading firm