May 30, 2025 BY Sam Boughedda

Oanda Fined $600k By the National Futures Association

The New York-based retail foreign exchange dealer, which is owned by proprietary trading firm FTMO, agreed to the settlement without admitting or denying the allegations, according to a decision published by the NFA’s Business Conduct Committee (BCC) on Wednesday. The BCC found that Oanda failed to properly increase its net capital in accordance with liabilities…

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Cboe
May 29, 2025 BY Sam Boughedda

Cboe Global President Dave Howson to Step Down

The company revealed that Howson will step down to return to the United Kingdom to be closer to family. Following his departure, Cboe CEO Craig Donohue will assume the additional title of President. In addition, Executive Vice Presidents Cathy Clay and Chris Isaacson will expand their global leadership responsibilities as part of a broader strategic…

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Robinhood
May 29, 2025 BY Sam Boughedda

Robinhood Rolls Out Desktop Trading Platform to UK Customers

Designed specifically for desktop use, Robinhood Legend allows users to personalise their trading setup, access real-time data, and trade US stocks commission-free.  It also offers options trading on US stocks and indices for $0.50 per contract, without foreign exchange fees. “The goal is for Robinhood to be the number one platform for active investors globally,”…

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financial buildings
May 29, 2025 BY Sam Boughedda

Euroclear and Marketnode Partner On Fund Order and Processing Solution

The solution is aimed at streamlining the investment fund landscape in Singapore. The new offering combines Euroclear’s global fund platform, FundsPlace, with Marketnode’s blockchain-enabled infrastructure, Fundnode. The companies said it is expected to simplify the lifecycle of retail and institutional fund orders.  The service aims to reduce manual processing, improve reconciliation, and accelerate settlement times.…

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FINRA's 2018 volume tops 2017 activity by 87%
May 28, 2025 BY Sam Boughedda

Public Investing Fined $350k By FINRA

According to a letter of acceptance, waiver, and consent, published by FINRA, the New York-based brokerage firm paid more than 100 influencers to promote its services on platforms like Instagram and YouTube between January 2020 and March 2023.  These paid posts, which attracted over 23,000 new accounts, are said to have often included misleading or…

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Swiss Stock Exchange
May 28, 2025 BY Sam Boughedda

SIX Chairman Thomas Wellauer to Stand Down at AGM in 2026

It will conclude a six-year tenure for Wellauer at the helm of the Swiss financial market infrastructure provider. He informed the Board of Directors that he will not stand for re-election, initiating a leadership transition process.  Wellauer was appointed chairman in 2020 with a mandate to position SIX for long-term strategic and operational success. Under…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
May 28, 2025 BY Sam Boughedda

Broadridge Partners With Novisto on Data Management and Reporting Platform

The platform is designed to help companies meet the growing global demand for sustainability disclosures. The collaboration combines Novisto’s advanced sustainability reporting technology with Broadridge’s established issuer services, which support over 3,400 U.S. public companies.  Broadridge and Novisto said they will deliver a “unique market-leading suite of solutions” that creates a one-stop shop for sustainability…

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TradeStation
May 28, 2025 BY Sam Boughedda

TradeStation Adds CME's New XRP Futures Contracts to Platform

The brokerage firm said it will offer eligible clients both micro-sized (2,500 XRP) and large-sized (50,000 XRP) contracts, providing traders with flexible, capital-efficient tools to gain exposure to XRP. “As demand for regulated crypto derivatives continues to grow, TradeStation Securities is committed to providing traders with direct access to high-demand crypto derivative products through the…

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May 27, 2025 BY Sam Boughedda

Visa Announces Antony Cahill as CEO of European Operations

Cahill will succeed Charlotte Hogg, who is stepping down after eight years at the helm to pursue a new opportunity. Cahill, a Visa veteran and experienced banking executive, is expected to begin his new role in early June and will be based in London.  Since 2023, he has served as President of Visa’s Value-Added Services…

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