The company revealed in a Q2 trading update on Thursday that its platform attracted 32,000 new customers in the three-month period, ending the quarter with 593,000 platform customers, an increase of 18% over the past year. Customer growth was said to have been driven by both the advised and direct-to-consumer (D2C) channels. Advised customer numbers…
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The move will see Westfield become an equity-method affiliate of the Tokyo-listed financial services company. The strategic investment marks a key step in Monex’s long-term growth plan to strengthen its asset management platform and expand its presence in the US equity market. Founded in 1989, Westfield specialises in US growth equity strategies and currently manages…
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The move is aimed at boosting digital contract security and reducing fraud in the US market. The companies explained in a press release that the collaboration enables US-based users to instantly verify consumer and business bank account details while completing digital agreements, helping prevent fraudulent activity and reducing transaction errors. The functionality, now accessible through…
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The companies explained that the partnership will allow institutional investors to access tailored exposure to digital assets through Marex-issued structured notes, linked to WisdomTree’s ETPs. The products are said to offer varying levels of capital protection, yield enhancement, or leverage, depending on the investor’s risk profile. Dovile Silenskyte, Director of Digital Assets Research at WisdomTree,…
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According to the brokerage, the account offers users a tax-efficient way to save and invest towards purchasing a first home. The FHSA, a government-registered plan, allows Canadians to contribute up to CAD 8,000 annually with a lifetime limit of CAD 40,000. Contributions are tax-deductible, and both capital gains and interest income grow tax-free. “Buying a…
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The status enables it to store and deliver gold, silver, platinum, and palladium under COMEX and NYMEX contracts. Furthermore, the certification allows StoneX clients—including institutional traders, refiners, and bullion dealers—to make and take delivery of CME-eligible metals directly through the firm's facility, streamlining access to the exchange’s delivery network. The approval comes as physical metal…
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According to a disciplinary notice issued by the exchange, the violations occurred across various NYMEX Energy futures and spread markets between 6–31 March 2023 and 2–20 June 2023. TFS Derivatives neither admitted nor denied the findings but accepted the settlement terms. The NYMEX Business Conduct Committee reportedly found that TFS repeatedly reported block trades with…
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In a statement, the currency risk management firm said it had received non-binding indicative proposals from three potential bidders: IFX Payments, Lumon Acquisitions (a Pollen Street Capital vehicle), and Terry Clune with Harry Adams. However, the Board has “unequivocally rejected” the proposals from Lumon and Clune/Adams, while it is continuing talks with IFX Payments over…
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The suspension of trading in the company's shares on AIM took effect from 07.30 a.m. today. Argentex said its exposure to a rapidly devaluing US dollar, driven by recent tariff and spending cut announcements from President Trump, had triggered a wave of margin calls linked to its FX forward and options positions. Argentex noted that…
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The company revealed that Tim Clarke, currently a Non-Executive Director and Chair of the Audit and Risk Committees, will take over as Senior Independent Director upon Joss’s resignation. The board added that it is nearing the conclusion of an external recruitment process to identify Joss’s successor. Fintel expects to make a formal appointment before the…
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