Broadridge presents new securities lending assessment solution for mutual funds
November 04, 2024 BY Sam Boughedda

Broadridge Completes Kyndryl SIS Takeover

The company explained that the move strengthens its position in the Canadian financial services market, enabling it to offer comprehensive wealth management and capital markets solutions to Canadian firms. The acquisition of SIS, which specialises in clearing and settlement, account record keeping, tax and regulatory reporting, and integrated order management, align with Broadridge's target of…

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Cboe
November 04, 2024 BY Sam Boughedda

Cboe Launches New Timestamping Service

The company explained that the service enhances market transparency and efficiency, offering traders insights into order execution and cancellation processes. They added that the new service is available on all Cboe-affiliated U.S. Equities Exchanges, providing market participants with detailed information about order and cancel messages. By analysing timestamp data, traders and participants are able to…

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November 04, 2024 BY Sam Boughedda

Wise Expands Reach with Direct Access to Philippines' InstaPay

The company revealed in a press release that the integration, along with a direct settlement account with the Bangko Sentral ng Pilipinas (BSP), will significantly enhance cross-border payment experiences for millions of Wise customers and its platform partners. Via its direct connection to InstaPay, Wise can now offer instant transfers of up to 50,000 Philippine…

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CMC markets
November 01, 2024 BY Sam Boughedda

CMC Markets to Enter Long-Term Strategic Partnership with ASB Bank

Under the terms of the agreement, CMC said it will provide ASB Bank with its market-leading technology and execution platform, enabling ASB to offer its customers an online trading platform, complete with access to over 15 international markets, extensive market research, and tax reporting tools. The integration of CMC's technology is expected to take between…

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October 31, 2024 BY Sam Boughedda

CLSNet Expands Reach as MUFG Bank Joins the Network

CLS explained in a press release that the move is expected to significantly improve operational efficiency and reduce risk for the bank. CLSNet, a platform designed to standardise and centralise post-trade processes for over 120 currencies, has gained traction in recent years. By joining the network, CLS said MUFG will benefit from the expanding roster…

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October 31, 2024 BY Sam Boughedda

FOREX.com Partners With Event-Based Trading Firm Kalshi

The company explained in a press release that the collaboration allows FOREX.com clients to participate in the US Presidential Election by trading contracts on Kalshi's platform alongside their regular forex trading activities. The partnership opens up new avenues for traders, offering them the opportunity to leverage their political predictions while managing their forex portfolios. FOREX.com…

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October 31, 2024 BY Sam Boughedda

Saxo Chief Investment Strategist to Step Down

During his time at Saxo, Garnry played a key role in establishing the company's reputation for insightful financial research and analysis. He frequently appeared on prominent media outlets such as Bloomberg and CNBC, providing expert commentary on market trends and economic developments. In the past year, Garnry also led Saxo's team of strategists, overseeing the…

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StoneX
October 30, 2024 BY Sam Boughedda

CAB Payments and StoneX Continue Acquisition Discussions

The company revealed that StoneX is currently conducting due diligence as part of the process. Earlier this month CAB Payments said it had received an unsolicited non-binding proposal from StoneX at 145p per share. "Discussions with StoneX are continuing and StoneX and its advisers are undertaking due diligence," CAB Payments said in its release on…

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