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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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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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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The event, hosted by television personality, actress, and sports presenter Andrea Sola, was a feast for anyone with a passion for football, with high-caliber attendance in the form of The Beast Maxi Rodríguez, who played for top-flight clubs like Atlético Madrid, Liverpool and Espanyol in his heyday, not to mention being capped 57 times for…
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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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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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BOCHK is the first customer of Worldline's innovative solution in Hong Kong. The partnership is a step towards adopting open platform solutions in the payments industry, with BOCHK setting a precedent for other financial institutions in the region. Worldline explained in its press release that Paysuite Essential Edition offers a safe and efficient alternative to…
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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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Prospero's AFS license was suspended in December 2023 after the company failed to submit its 2023 audited financial accounts. Following an application by ASIC, the Federal Court ordered Prospero to be wound up and liquidators appointed in April 2024. Under the Corporations Act, ASIC said it has the power to suspend or cancel an AFS…
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Founded in 2005, Acupay offers a suite of technology services that help cross-border investors avoid double taxation. Its proprietary solution connects brokers, banks, and securities issuers, enabling custodian banks to prepare tax certificates electronically and allowing investors to effectively manage the impact of foreign withholding tax. Euronext said the acquisition will further expand its services…
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