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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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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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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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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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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The SEC alleges that Cumberland has been engaged in buying and selling crypto assets offered and sold as securities for its own accounts since at least March 2018. According to the SEC, as part of its complaint, Cumberland acted as a dealer by trading crypto assets via its Marea online trading platform and by engaging…
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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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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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The company explained that the SFCM platform will provide it with essential functionalities to manage its securities lending operations, including collateral management, trade lifecycle management, and risk assessment. They expect it to streamline processes, enhance transparency, and ensure compliance with regulatory requirements. "Broadridge's advanced solution provides the essential system functionalities to enable us to offer…
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The collaboration will see Stripe leverage NVIDIA's GPUs and AI software to improve its fraud detection capabilities and provide businesses with enhanced AI tools. By enabling developers and enterprises to prepay for select NVIDIA cloud services, Stripe said it aims to make NVIDIA's AI platform more accessible to a wider audience. "NVIDIA is one of…
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