Euronext
October 07, 2024 BY Sam Boughedda

Euronext Expands Single Stock Options Offering

The company said in its press release that it believes the expansion further solidifies its position as a key player in the European derivatives market. Euronext revealed it has introduced 21 new German Single Stock Options, completing its coverage of all DAX 40 Index constituents, along with six Irish and four Portuguese Single Stock Options.…

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October 07, 2024 BY Sam Boughedda

Worldline Appoints Paul Marriott-Clarke to Lead Merchant Services Business

Marriott-Clarke brings over 25 years of experience in the banking and payments industry to the role. Marriott-Clarke succeeds Marc-Henri Desportes, who has led Worldline's Merchant Services division since February 2024 alongside his other responsibilities. Desportes will continue to serve as Worldline's CEO. Prior to joining Worldline, Marriott-Clarke held the position of Head of Customer &…

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October 04, 2024 BY Sam Boughedda

Marex to Acquire Aarna Capital and Expand Middle East Footprint

The move is said to expand the company's operations in the Middle East and grow its clearing business, aligning with its strategy to broaden its client base, diversify its operations and increase earnings resilience. Based in Abu Dhabi, Aarna Capital offers a suite of services across energy, base and ferrous metals, as well as financial…

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October 04, 2024 BY Sam Boughedda

MIH Renames Minneapolis Grain Exchange to MIAX Futures Exchange

The rebranding of the exchange is said to align with MIH's broader strategy to expand its futures offerings, leveraging the technology and expertise of MGEX. MIH said the flagship Hard Red Spring Wheat (HRSW) futures and options contracts will also be rebranded as Minneapolis Hard Red Spring Wheat futures and options, representing a new chapter…

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Interactive Brokers
October 04, 2024 BY Sam Boughedda

Interactive Brokers to Introduce Forecast Contracts on Election Outcomes

The contracts debuted on Thursday evening through the ForecastEx exchange, allowing investors to hedge against political volatility or capitalise on their political insights. Forecast Contracts enable investors to take positions on major U.S. political events, such as the 2024 Presidential Election and key Senate races. Examples include contracts on whether Kamala Harris or Donald Trump…

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Interactive Brokers
October 03, 2024 BY Sam Boughedda

Acuity Trading and Interactive Brokers Join Forces to Provide Advanced Research Tools

The company explained in a press release that the partnership aims to equip investors with powerful research capabilities through the integration of Acuity's Research Terminal into Interactive Brokers' platform. The Acuity Research Terminal is said to offer investors a centralised platform for in-depth analysis across multiple asset classes, including equities, currencies, commodities, indices, and cryptocurrencies.…

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October 03, 2024 BY Sam Boughedda

DXtrade Partners with Finalto to Enhance Liquidity Provider Services

Finalto, an aggregator of Tier 1 bank liquidity providers and established non-bank market makers, offers a bespoke liquidity pool tailored to connect demand with market supply as quickly as possible. By integrating with DXtrade, brokers will have access to Finalto's liquidity services, including predictive and scenario analysis tools, real-time insights, and improved order execution. The…

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CFTC
October 02, 2024 BY Sam Boughedda

CFTC Orders Taiwanese Firm Taishin Securities to Pay $200,000 for Wash Sales

The CFTC revealed that Taishin executed 50 wash trades between October and December 2022, totaling 175 contracts worth approximately $17 million. The trades were designed to minimise market competition by offsetting purchases and sales of the same futures contract at the same price, effectively negating the risk and price competition inherent in open market transactions.…

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