Political and “trade war” narratives remain intact, and interest rate expectations start to tighten. According to the Fedwatch tool from CME, traders expect the interest rate in the US to decline only in July 2025. That creates a context for the stronger US dollar, which is also boosted by the “flight to safety” narrative, as…
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The company said the collaboration marks the first post-trade matching tool to incorporate messaging functionality, “enabling compliance, transparency and streamlined resolution of post-trade discrepancies.” Broadridge explains that the integration allows asset managers to communicate directly with executing brokers through Symphony’s platform, streamlining post-trade issue resolution. "By integrating Symphony’s messaging functionality, we are enabling clients to…
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The fine follows an investigation by the firm into Apex’s handling of customer loans, disclosures, and supervisory systems between January 2019 and June 2023. According to FINRA, Apex entered into securities loans with certain customers without ensuring the loans were appropriate, as some customers did not receive loan fees for lending their shares. Furthermore, from…
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The firm said SPX options saw notable growth in short-dated contracts and global trading hours activity. On January 31, a record 2.42 million zero days to expiry (0DTE) SPX contracts were traded, the highest single-day volume for 0DTE options. Additionally, January 27 is said to have set a new record for global trading hours, with…
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The company’s assets under custody grew to €40.7 trillion as of the end of December, marking nine consecutive quarters of growth. Underlying interest income increased 3% year-on-year to €1.15 billion, despite a decline in the second half of 2024 due to shifting interest rates. Meanwhile, underlying business income rose 5% to €1.75 billion, supported by…
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The platform, which can be deployed out-of-the-box or customised, is said to be designed to meet the growing demand for futures products, particularly in the U.S. market. Ben Hurley, CEO of Devexperts, said: “A number of international market factors mean we are seeing ongoing interest in futures trading worldwide. This is particularly the case in…
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The collaboration allows all MT5 brokers to send and receive payments via STICPAY without requiring additional API integration. MT5, developed by MetaQuotes, is one of the leading online trading platforms, supporting forex, stocks, and futures trading. It boasts over 8 million active accounts across more than 180 countries. With the integration, brokers on MT5 can…
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The exchange said the expansion aims to meet increasing global demand for extended trading access, particularly from investors in Asia-Pacific markets such as Hong Kong, Japan, and Australia. Oliver Sung, Head of North American Equities at Cboe, stated, “We continue to hear from market participants globally – particularly those in Asia Pacific markets like Hong…
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The terms of the deal remain undisclosed and are subject to regulatory approval. OANDA, founded in 1996, operates as a digital trading platform, providing multi-asset trading, currency data, and analytics to both retail and corporate clients. The company has a strong presence in key financial markets, including New York, London, Singapore, and Sydney. Under CVC’s…
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Ramos, who joined the bank’s board as an independent non-executive director in 2021, currently serves as Chair of the Board Risk Committee and Senior Independent Director. Ramos is said to bring extensive experience in banking, government, and corporate leadership, having served as CEO of Absa Group Limited for a decade. She has also held prominent…
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