The failures allegedly exposed sensitive client data over a four-year period. According to ASIC, FIIG failed to implement adequate cybersecurity measures between March 2019 and June 2023, allowing a hacker to infiltrate its IT network undetected for nearly three weeks. This breach resulted in the theft of approximately 385GB of confidential data, affecting 18,000 clients,…
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The online trading provider said total revenue for the three months to 28 February 2025 rose to £268 million, with trading revenue up 15% year-on-year to £235.3 million. Growth was said to have been supported by a 2% increase in active clients and higher revenue per client, the company said. "Q3 revenue growth reflected stronger…
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The company said late Tuesday that the service, which leverages its Crypto Finance business as a sub-custodian, is expected to launch in April 2025, providing institutions with secure and regulated access to digital assets. Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, stated: “Offering crypto custody is the next step on…
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It was explained that the initiative, Scale Up 2027, will target mid-single digit income growth and an increase in EBITDA margin from 28% to over 40% by the end of 2027. The Swiss financial market infrastructure provider reported CHF 1.6 billion in operating income for 2024, while adjusted net profit rose 12.3% to CHF 204.4…
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Precious metals trading grew 32.73% compared to Q4 2023, driven by increased demand for safe-haven assets. Indices saw a 62.09% rise, reflecting heightened market volatility. Stocks surged 27.08% from Q4 2023, with an exceptional 382.24% increase from Q3 2024, highlighting strong investor interest. Meanwhile, cryptocurrency trading expanded 8.47% compared to Q4 2023, maintaining steady momentum…
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The company said the move is aimed at strengthening its investment banking and capital markets capabilities. The acquisition is expected to improve StoneX’s equity research, sales, trading, and investment banking services, expanding its presence in global capital markets. Benchmark is a full-service investment banking firm headquartered in New York and has been operating for over…
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The company said the business saw over $1.05 trillion in average daily notional volume (ADNV) traded. The milestone surpassed February’s ADNV of $909 billion, driven by strong activity across U.S. Treasuries, U.S. and EU Repo, and European Government Bonds. Among the key figures for 3 March, were the U.S. Repo, which saw an ADNV of…
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The partnership is aiming to allow members to consolidate retirement savings more easily. Public will integrate Capitalize’s Rollover API, enabling users to transfer legacy 401(k) accounts into Individual Retirement Accounts (IRAs) directly on its platform. The company explained that the partnership also seeks to address the growing issue of unclaimed retirement funds. They note that…
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The company said the expansion allows traders to access Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat futures, offering greater flexibility in agricultural markets. John Bartleman, President and CEO of TradeStation Group, Inc., highlighted the advantages of these new contracts: “We are excited to expand our futures offerings with CME’s…
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Khan, a veteran of the institutional brokerage industry, brings over 20 years of experience in business transformation, revenue generation, and strategic planning, having previously held senior leadership roles at FXCM/Stratos Group. ATFX explained that in his new role, Khan will focus on expanding ATFX Connect’s institutional services, refining product strategies, and strengthening key client relationships. …
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