September 11, 2025 BY Sam Boughedda

Jefferies Fined $1m by FINRA Over Reserve Account Violations

According to FINRA, between September 2009 and July 2022 Jefferies inaccurately calculated its customer and proprietary accounts of broker-dealers (PAB) reserve formula.  The errors are said to have led to 136 customer reserve deficiencies and three PAB reserve deficiencies, at times amounting to shortfalls of more than $500 million. FINRA said the failures resulted in…

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FSRA grants DEX regulatory approval in the Abu Dhabi Global Market
September 11, 2025 BY Sam Boughedda

DB Investing Appoints Elena Kupriianova as Chief Marketing Officer

Founded in 2018 and headquartered in Abu Dhabi Global Market, DB Investing is licensed across multiple jurisdictions and offers more than 20,000 trading instruments.  With a client base spanning the Gulf to Latin America, the firm has positioned itself as a fast-growing broker. Kupriianova brings senior marketing experience from major forex and trading institutions, including…

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Crypto exchange
September 11, 2025 BY Sam Boughedda

Vaultz Capital Appoints CEO Eric Benz as Director

Benz is regarded as a veteran of the digital asset sector, with more than a decade of experience across crypto, Web3, fintech and artificial intelligence.  He has been closely involved in shaping the industry’s infrastructure, from early-stage ventures to global platforms. An early investor in Blockchain Capital, the first venture capital fund to accept Bitcoin,…

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September 11, 2025 BY Sam Boughedda

Ant International Partners with AlipayHK and TNG eWallet to Launch Security Partnership

The Digital Wallet Guardian Partnership is said to bring together Ant International, AlipayHK in Hong Kong and Malaysia’s TNG eWallet.  The collaboration is expected to focus on technology innovation, knowledge-sharing and stakeholder engagement, with initiatives ranging from AI-driven fraud prevention to consumer awareness campaigns. In its first phase, the partnership will roll out Alipay+ EasySafePay…

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Robinhood
September 10, 2025 BY Sam Boughedda

Robinhood Launches Social Trading Platform for Active Investors

Announced at the company’s HOOD Summit in Las Vegas, Robinhood Social will create a verified community within the app where users can view live trades, follow other investors, and discuss market moves. The platform is said to be designed to address one of the biggest challenges traders face: filtering reliable information from the noise of…

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Exclusive: Bryan Seegers leaves financial services company Jefferies Group LLC
September 10, 2025 BY Sam Boughedda

Retail Investors Rebuild Confidence in U.S. Market, eToro Finds

The study of 10,000 investors across 12 countries found that 38% now see the U.S. as offering the strongest long-term return potential, a 12 percentage point rise from the previous quarter. At the same time, 43% of portfolios hold U.S. exposure, an eight-point increase and the highest level since eToro began tracking the data in…

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oneZero
September 10, 2025 BY Sam Boughedda

oneZero Unveils FX Swap Pricing Tool for Regional Banks

The Somerville, Massachusetts-based trading technology firm said the system gives traders more control over pricing, replacing reliance on external vendors that have historically added cost and complexity.  The firm explained that by consolidating workflows into a single platform, it aims to make FX swap pricing more transparent, flexible, and cost-effective. oneZero said regional banks have…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
September 10, 2025 BY Sam Boughedda

Broadridge Acquires iJoin to Strengthen Retirement Plan Technology Capabilities

The company said in a release on Tuesday that the move is aimed at expanding its capabilities across participant onboarding, engagement and analytics. The financial technology group said the combination would strengthen its ability to support record keepers, advisers, asset managers and insurers with more personalised tools for retirement plan participants.  iJoin’s services include data…

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