Scarf announced the move in a LinkedIn post, stating, “I’m happy to share that I’m starting a new position as Chief Executive Officer at Plus500 Australia!” Though Plus500 has yet to formally confirm the appointment, reports state Scarf is expected to replace Sean Murphy, who led the Australian unit for the past 10 years. Scarf…
Read more
The new products are being offered via eToro’s French subsidiary, eToro Patrimoine, and mark a step in the platform’s expansion into long-term savings. The announcement comes as shares of the stock brokerage platform surged in their Nasdaq debut on Wednesday, after it raised around $310 million in an initial public offering. The PER and life…
Read more
The regulator alleged "repeated and systemic misleading conduct" over more than 14 years relating to short sale reporting. Filed in the New South Wales Supreme Court, the case marks ASIC’s first enforcement action involving short sale reporting. The regulator claims MSAL misreported at least 73 million short sales between December 2009 and February 2024, potentially…
Read more
According to the firm, the solid performance was driven by increased settlement activity, fixed income issuance, and higher equity valuations amid market volatility. It also helped offset a 10% decline in interest and banking income, which fell to €255 million due to a lower interest rate environment. Increased cash balances partly cushioned the impact. Operating…
Read more
Tomas Kindler has been appointed Head Exchanges and member of the Executive Board after serving in the role on an interim basis since January. A long-standing executive at SIX, Kindler has held the role of interim Head Exchanges since January 1, 2025. He previously served as Head Operating Office Exchanges and Head x-clear, and has…
Read more
The segment is said to grant retail brokers access to 138 of the most liquid Swiss-listed stocks, including blue-chip names such as Nestlé, Novartis, UBS and ABB. They added that all of the securities are priced in Swiss francs and available through Equiduct’s Apex platform. The expansion marks a milestone for the pan-European retail-focused exchange,…
Read more
Jetter’s resignation was announced in September 2024, and he stepped down at the end of the company’s Annual General Meeting on 14 May 2025. Streit, 56, succeeds Jetter, who had served on the Supervisory Board since 2018 and as its Chair since 2020. Her nomination was proposed by the Supervisory Board in December 2024. She…
Read more
The firm said the move reflects growing demand for market data and analytics across the region. Mr. Nakagawa, based in Japan, will focus on market data sales, while Mr. Zou, based in Singapore, will lead the growth of analytics and indices services. Their appointments are part of Cboe’s strategy to strengthen its presence in Asia…
Read more
In the initial phase of the partnership, Standard Chartered will provide FalconX with a “comprehensive suite of banking services,” including access to a broad range of currency pairs and enhanced cross-border settlement infrastructure. FalconX will also initially integrate Standard Chartered's banking infrastructure. The integration is expected to improve the speed, scale and reliability of FalconX’s…
Read more
The firm said in a press release that the technology underpins BondGPT, Broadridge’s generative AI application integrated into the LTX electronic trading platform, and its enterprise version, BondGPT+. Released in 2023, BondGPT and BondGPT+ are said to allow corporate bond traders, portfolio managers and analysts to query complex datasets using natural language. Broadridge explained that…
Read more