Announced at its “To Catch a Token” event in Cannes, France, the company revealed that European customers can now access more than 200 U.S. stock and ETF tokens through its app, including dividend payments and 24/5 trading with no commissions or added spreads from Robinhood. “Crypto was built by engineers for engineers, and has not…
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The move is seen as a milestone in post-trade infrastructure harmonisation across Europe. Following the ECMS go-live on 16 June 2025, Clearstream became the only central securities depository (CSD) to offer full tri-party collateral management integration with the European Central Bank’s new platform. The ECMS is said to replace previously fragmented national systems, creating a…
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According to the regulator, the cancellation followed confirmation that Ballast had ceased operating a financial services business. The regulator explained that under section 915B of the Corporations Act 2001, ASIC may suspend or cancel a licence if the licensee no longer carries on business. Ballast, which held AFS licence number 233180 since 9 September 2003,…
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In civil penalty proceedings filed in the Federal Court, the Australian Securities and Investments Commission (ASIC) claims that Delta (formerly named Sunset Power International Pty Ltd) placed orders for New South Wales Peak Load Electricity Futures Contracts on 30 occasions between 8 September and 6 October 2022 with the intent of improperly influencing the daily…
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The deal, which is still subject to regulatory and antitrust approvals as well as negotiations with the Works Council in Germany, will see all custody staff, assets and clients transfer to BNP Paribas. HSBC said a phased transition is expected to begin in early 2026. The custody unit being divested provides domestic custody, clearing and…
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The partnership aims to enhance margin efficiency for clients active in foreign exchange markets. According to a press release, the initiative will allow clients who access FX Futures through Marex and use NatWest’s FX prime brokerage services to benefit from margin offsets. This is expected to reduce collateral requirements while maintaining clients’ preferred trading relationships.…
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Effective from 1 June 2025, the policy provides coverage of up to $1 million per client in the event of the company’s insolvency. The insurance, underwritten by Lloyd’s of London, operates independently of the Investor Compensation Fund (ICF), which already protects eligible retail clients under CySEC regulations for up to €20,000. Capital.com said the additional…
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The cryptocurrency exchange explained in a press release that the products are designed to replicate the functionality of global perpetual futures while remaining fully compliant with the Commodity Futures Trading Commission (CFTC) regulations. Perpetual futures are said to dominate international crypto markets, accounting for more than 90% of trading activity in some estimates. However, such…
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According to the companies, the move is designed to help retail investors achieve their long-term financial goals through target-date strategies. The portfolios are said to automatically adjust asset allocation and risk exposure over time, shifting from growth-focused equity investments to more conservative fixed income as the target date approaches. eToro explained that each portfolio is…
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According to reports, X CEO Linda Yaccarino confirmed at the Cannes Lions festival that users will “soon” be able to “transact your whole financial life on the platform.” She added that it could include paying for a pizza, “or making an investment or a trade.” The app is also reportedly developing a digital wallet and…
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