The feature, which sits directly on the stock detail page in the app, is said to use generative AI to scan breaking news, analyst reports, technicals and Robinhood’s proprietary data. It then produces plain-English summaries explaining why a stock is moving, aiming to help investors make more informed decisions. Digests is the first product powered…
Read more
The company revealed that in his role, Bhatia will work with Cboe’s executive leadership team to refine the company’s business strategy, identify growth opportunities and strengthen its competitive positioning across the global derivatives and securities exchange landscape. Craig Donohue, chief executive of Cboe Global Markets, said: “Prashant will be a highly valued addition to our…
Read more
The company said in a press release on Tuesday that Gillespie will report directly to Lars Holst, founder and chief executive of the London-headquartered digital assets and FX trading group. Gillespie brings more than 35 years of industry experience, having started his career as an FX trader before moving into institutional sales and business development. …
Read more
The company said on Tuesday it had received authorisation from the Colombian Financial Superintendence (SFC), allowing it to establish a presence in the country’s over-the-counter trading sector. The move broadens Plus500’s international footprint and will enable it to build stronger ties with local stakeholders while offering Colombian customers a more localised service. Plus500 operates proprietary…
Read more
The renewed agreement builds on the collaboration first established in October 2024 and will see Ebury continue to provide its payments and currency exchange expertise to support the club’s growth. Southampton FC, which was relegated last season, will also maintain access to Ebury’s online payments platform, money transfer services and FX solutions. As part of…
Read more
The global financial platform said the new licence will enable it to offer Money Market Funds (MMFs) to European businesses, providing small and medium-sized enterprises with access to investment opportunities not typically available through traditional banks. Yield will allow companies to generate returns on idle cash balances in multiple currencies, including euros, pounds and U.S.…
Read more
The global crypto platform said the number of shares to be offered and the price range for the listing have not yet been determined. The offering is subject to market conditions, and Gemini cautioned that there is no certainty on whether or when it may be completed, or on its final size and terms. If…
Read more
The collaboration will see PayLaterr, a platform that allows consumers to spread the cost of essential bills, integrate Experian’s fraud prevention and credit data technology into its systems. The company said this will enable it to detect and prevent fraudulent activity in real time and improve identity verification during onboarding. In addition, PayLaterr said it…
Read more
The ban prevents Mr Rankin from offering financial advice, controlling a financial services business, or performing any related function until August 2029. ASIC determined that while working as an authorised representative of Next Generation Advice Pty Ltd (in liquidation), Mr Rankin gave inappropriate advice to several clients. According to ASIC, Mr Rankin recommended clients establish…
Read more
The company said in a release on Monday that the fund aims to provide diversified total returns with lower volatility and stronger downside protection by tapping into PIMCO’s best ideas across the credit spectrum, including high-yield bonds, emerging market debt and bank loans. It is also said to feature a monthly distribution component, catering to…
Read more