August 14, 2025 BY Sam Boughedda

SBI Holdings Raises Stake in Double Standard Inc.

SBI Financial Services, an intermediate holding company for the group’s financial services business, entered a capital and business alliance with Double Standard in December 2019.  The latest purchase of 55,000 shares through market transactions will lift the group’s voting rights ownership ratio from 19.73% to 20.13%. Double Standard specialises in generating and supplying big data…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
August 14, 2025 BY Sam Boughedda

Broadridge and BMLL Partner to Deliver Integrated Pre-Trade Analytics

The collaboration aims to deliver actionable insights directly at the point of order entry, enabling traders to optimise execution, manage risk and respond to client demands in real time. “Working with BMLL we are optimising trading and delivering transformation by integrating actionable insights and robust analytics directly into the workflows of both global sell-side and…

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The Swiss Stock Exchange adds RIZE ETFs of medical cannabis and cyber security.
August 14, 2025 BY Sam Boughedda

iShares Digital Assets AG Launches Bitcoin ETP on SIX Swiss Exchange

The exchange explained that the iShares Bitcoin ETP expands the range of crypto ETPs available at SIX to 487, offering investors direct access to Bitcoin through a regulated, exchange-traded structure.  Each ETP is said to be fully backed by bitcoins held with Coinbase Custody International Limited, a licensed custodian.  SIX added that the product is…

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Standard Chartered bank HQ
August 14, 2025 BY Sam Boughedda

Standard Chartered Hong Kong Launches SC Invest Platform for ‘Emerging Affluents’

The bank stated that SC Invest streamlines the investment process, enabling account opening and fund subscription in just three steps.  It offers four foundational portfolios curated by its Chief Investment Office, with a minimum investment of HK$100 and no subscription, redemption, or platform fees. Standard Chartered said the platform aims to address the “investment pain…

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Hong Kong
August 13, 2025 BY Sam Boughedda

TransferMate Seeks Bahrain Licence to Boost Middle East Expansion

The company, which operates an embedded B2B payments infrastructure-as-a-service platform, said the move will allow partners and customers in Bahrain to access its full suite of services, including payments, receivables and stored funds. TransferMate said the licence would simplify cross-border transactions, enhance cash flow visibility and reduce the need for multiple banking relationships for businesses…

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FINRA building
August 13, 2025 BY Sam Boughedda

Wells Fargo Clearing Services Hit With $275,000 Fine by FINRA

Between June 2019 and November 2024, FINRA says Wells Fargo did not have a system, including written supervisory procedures, that was reasonably designed to comply with Section 15B(a)(1)(B) of the Securities Exchange Act of 1934.  This provision prohibits broker-dealers from giving investment advice to municipal entities without registering as a municipal adviser. FINRA found that…

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Westpac bank logo
August 13, 2025 BY Sam Boughedda

Westpac Names Carolyn McCann as Permanent Consumer Banking Chief

McCann, who has nearly 30 years of corporate experience, including two decades in banking and insurance, has spent more than 10 years with Westpac.  Prior to stepping into the acting role in May, she served as Group Executive, Customer and Corporate Services, overseeing operations, scams and fraud prevention, customer collections and hardship, property resilience, corporate…

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Interactive Brokers
August 13, 2025 BY Sam Boughedda

Interactive Brokers Rolls Out True Zero-Commission US Stock Trading for Singapore Investors

The launch provides Singaporean investors with what the firm describes as “true cost transparency,” avoiding the additional charges often associated with so-called zero-commission offerings.  IBKR Lite allows trading without minimum balances or hidden fees, while also giving access to the broker’s award-winning platforms, tools and global markets. “We’re pleased to bring zero-commission US stock trading…

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August 13, 2025 BY Sam Boughedda

Beeks Unveils AI-Powered Market Edge Intelligence for Real-Time Trading Insights

The company said the development aims to deliver real-time analytics and predictive intelligence directly within colocation facilities, helping financial firms reduce costs and enhance efficiency. Beeks explained that by processing data at the network edge, the system eliminates propagation delays and delivers actionable insights instantly.  Its anomaly detection capabilities are said to use context-aware pattern…

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August 13, 2025 BY Sam Boughedda

eToro Q2 Earnings: Funded Accounts and AUM Rise YoY

Net contribution rose 26% year-on-year to $210 million, driven by higher trading activity.  Assets under administration increased 54% to $17.5 billion, while funded accounts climbed 14% to 3.63 million, boosted by continued user acquisition, retention efforts, and the 2024 purchase of Australian app Spaceship. Adjusted EBITDA was up 31% to $72 million, supported by increased…

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