FINRA building
February 14, 2025 BY Sam Boughedda

GTS Securities Fined $150,000 By FINRA

FINRA said in its release that the fine is for publishing inaccurate trade execution reports and failing to maintain adequate supervisory procedures.  New York-based GTS, which specialises in market-making and proprietary trading, also received a censure as part of the settlement. According to FINRA, between May 2019 and March 2021, GTS published 23 inaccurate monthly…

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Euronext
February 14, 2025 BY Sam Boughedda

Euronext FY24 Trading Revenue Rises 14.2%

The pan-European exchange operator’s total revenue and income rose 10.3% to €1.63 billion, supported by growth in custody and settlement (+8.7%), advanced data services (+7.5%), and listings (+5.1%).  Clearing revenue also grew by 19%, while net treasury income increased by 21.8%. “In 2024, we delivered double-digit topline growth thanks to the solid performance of non-volume…

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Capital.com
February 14, 2025 BY Sam Boughedda

Capital.com Expands LSEG Collaboration

The move is expected to enhance the decision-making capabilities of Capital.com’s 750,000 global traders, who generate $147 billion in monthly trading volume. The partnership will see Capital.com provide its clients with stock reports, equity market news, ESG metrics, and AI-driven sentiment analysis.  This is to “help clients make timely and informed trading decisions,” leveraging LSEG’s…

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Frankfurt Stock Exchange
February 13, 2025 BY Sam Boughedda

Deutsche Börse Revenue Increased 15% in 2024

The company also announced a new €500 million share buyback programme and proposed an increased dividend of €4.00 per share. According to the firm’s preliminary financial results, EBITDA rose 15% to €3.40 billion, significantly surpassing the company’s original full-year guidance. Organic growth alone accounted for 8% of the revenue increase. “In 2024, we once again…

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Charles Schwab
February 13, 2025 BY Sam Boughedda

Charles Schwab Now Offers 24-Hour Trading to All Clients

The move, announced on Wednesday, follows a successful pilot programme at the end of 2024.  All of Schwab’s retail clients are now able to trade an expanded list of securities, including the S&P 500 and Nasdaq-100 stocks and hundreds of additional ETFs 24 hours a day, five days a week,  The new overnight session orders…

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eToro
February 13, 2025 BY Sam Boughedda

eToro Submits US IPO Filing

On Wednesday, the social trading platform said it had submitted a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) on 12 February 2025. The number of shares to be offered and the price range for the IPO have not yet been determined, according to eToro. The public listing is…

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February 12, 2025 BY Sam Boughedda

Invesco AUM Rises 3.1% in January

The asset manager attributed the rise to favourable market returns, which contributed $37 billion, alongside foreign exchange movements that added $1.2 billion.  The firm also said it recorded net long-term inflows of $5.1 billion during the month, non-management fee earning net inflows of $2.3 billion, and money market net inflows of $11.3 billion. The largest…

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February 12, 2025 BY Sam Boughedda

DXtrade Partners with AI BI to Offer Advanced Data Analytics Solutions

Through the integration, the company explained that brokers and prop firms using DXtrade will automatically gain access to AI BI’s advanced data analytics solutions, designed to optimise sales strategies, enhance risk management, and improve operational efficiency.  The partnership is expected to help firms increase revenue while reducing expenses by providing insights into client activity and…

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