The new license enables Revolut to offer trading services on UK and EU-listed stocks and ETFs to its millions of customers. The move comes after Revolut has already made strides in the investment space, offering US stock trading since 2019. With the new license, the company aims to further diversify its product range and cater…
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The company said the collaboration aims to enhance OneRoyal's client experience by providing access to Acuity Trading's advanced market analysis tools. OneRoyal traders will now benefit from access to Acuity’s trading tools like AnalysisIQ, NewsIQ, Economic Calendar, Web Sentiment, and Dynamic Emails. The tools are said to provide real-time insights into market sentiment, price movements,…
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The company explained that the strengthened collaboration aims to enhance market connectivity and liquidity for its clients of all sizes. They state that by integrating Centroid's bridge technology, brokers can directly connect to top-tier liquidity providers, resulting in faster execution speeds and reduced latency. The partnership is said to offer several key benefits to brokers,…
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The company explained in a press release that the move strengthens its global regulatory footprint and commitment to providing secure and regulated trading environments for its clients. The CySEC licence adds to Doo Group's existing regulatory approvals from the UK, Australia, Hong Kong and Malaysia. The expansion into the European Union, under the supervision of…
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The firm explained that the index is a new benchmark capturing top Chinese firms listed on the Stock Connect programme. It is set to launch on 21 November 2024 and will feature the 80 largest Chinese companies by market capitalisation listed on the Hong Kong, Shanghai, and Shenzhen exchanges. The SCCEA Index is the first…
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Outlined in a consultation released on 14 November, the proposals include raising minimum capital requirements for clearing members, capping mutualised default fund contributions, and introducing anti-procyclicality controls. The company explained in a press release that the proposed increase in minimum net capital requirements for clearing members—from $10 million to $30 million—aims to align LME Clear…
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The latest development comes after SelfWealth received a similar offer from Bell Financial Group Limited for a lower price of $0.22 per share. Axi was founded in 2007 and is headquartered in Sydney, serving customers across 120 countries. The brokerage is keen to acquire SelfWealth to expand its reach in the Australian market. The proposed…
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The company, which designs, engineers and markets a growing range of trading and investing products, said it is aiming to enhance Exinity's trading platform and provide trading and investing experiences across various asset classes. Over the upcoming year, it is expected that Exinity Group's trading capabilities will be enhanced by the integration of TraderEvolution's technology,…
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The move means it is the first-ever ETP in Europe tracking the performance of the Aptos (APT) cryptocurrency. Aptos is a layer-1 blockchain, which the company says is designed for high scalability and low transaction costs. It is said to be particularly well-suited for applications like gaming and decentralized finance (DeFi), leveraging the Move programming…
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The acquisition grants Crypto.com an Australian Financial Services Licence (AFSL), allowing it to offer a wider range of financial products to eligible users within the country. Fintek's AFSL, regulated by the Australian Securities and Investments Commission (ASIC), opens doors for Crypto.com to expand its offerings beyond cryptocurrencies. The company said it can now provide access…
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