Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
October 15, 2024 BY Sam Boughedda

Broadridge Announces Solutions and Services for International Post-Trade Processing

The company said the international post-trade processing services and solutions aim to help firms comply with the Digital Operational Resilience Act (DORA) and other global regulations mandating heightened operational resilience. They are also said to be in response to the "increased sophistication and prevalence of cyber threats, and board mandates on operational resilience." Danny Green,…

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October 15, 2024 BY Sam Boughedda

UBS Told to Bolster Emergency Plans

The regulator informed the bank that it needs to ensure it can be wound down or sold without risking financial stability or taxpayer funds. As UBS integrates Credit Suisse, FINMA said it has suspended the annual approval of UBS's recovery and emergency plans. The regulator believes that additional measures are necessary to strengthen crisis preparedness…

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October 15, 2024 BY Leaprate Staff

Quarter-century milestone: Deriv marks 25 years of fintech evolution

Deriv has evolved into a global frontrunner in the online trading sector, currently serving more than 2.5 million clients worldwide, with a monthly volume exceeding $650B. Its dedication to innovation has led to the introduction of new trading platforms, diverse asset classes, and comprehensive educational resources. “Today is a big day for Deriv. When I…

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October 14, 2024 BY Sam Boughedda

EBC Financial Group Boosts Liquidity and Cuts Trading Costs on Major Stock Indices

The company said in its announcement on Friday that the move comes as global stock markets continue to rebound, driven by fresh capital inflows, increased IPO activity, and market corrections. EBC's liquidity enhancements are designed to provide investors with optimised, efficient trading across all global sessions, allowing them to capitalise on opportunities in the current…

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October 14, 2024 BY Sam Boughedda

GCEX Unveils Enhanced Market Data Feed and Improved CFD Product

The company explained in a press release that the market data feed provides clients with real-time access to a wide range of financial instruments, including equity index CFDs, energy CFDs, commodity CFDs, crypto CFDs, spot crypto, spot FX, and bullion. The enhanced CFD product is said to offer market-leading spreads on major indices and commodities,…

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October 14, 2024 BY Sam Boughedda

CME Group International Daily Volume Hits New Record in Q3

The record number represents a 29% increase compared to the same period last year. According to the firm, the surge in international volume was driven by strong growth across all asset classes, with interest rate and equity products accounting for the majority of the increase. Interest rate products are said to have seen a record…

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October 11, 2024 BY Sam Boughedda

ASIC Cracks Down: Cancels Two Financial Services Licences and 11 Credit Licences

The cancellations took place based on various compliance failures. These reportedly included non-membership in the Australian Financial Complaints Authority (AFCA), late lodgement of annual compliance certificates, failure to submit financial statements, and non-payment of industry funding levies. ASIC explained that AFCA membership is mandatory for financial services and credit licence holders. The membership means consumers…

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October 11, 2024 BY Sam Boughedda

CAB Payments Confirms StoneX Acquisition Proposal

The company said in a release that the proposed offer values CAB Payments at £1.45 per share, consisting of both cash and a full share alternative. The offer represents an 18% premium over CAB Payments' stock price of 123 pence. CAB Payments was listed on the London Stock Exchange in July last year. However, its…

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Cboe
October 10, 2024 BY Sam Boughedda

Cboe Set to Launch Options on VIX Futures on October 14

The new options, which will trade under the ticker UX, are expected to provide investors with an additional tool to manage U.S. equity market volatility. They will complement Cboe's existing securities-based VIX Index options and may allow more market participants to trade a VIX options product. Cboe's VIX Index options have seen record trading volumes…

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