September 03, 2025 BY Sam Boughedda

FTSE Russell Reforms Vietnamese Interest Rate Benchmark

The changes, effective from 3 November, are designed to align the benchmark more closely with the Financial Stability Board’s recommendations for interest rate benchmarks, ensuring it meets contemporary international standards. FTSE Russell explained that the new methodology will transition away from quotes and will be grounded in VND deposit transactions for its overnight, spot-week, two-week,…

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September 03, 2025 BY Sam Boughedda

Aotearoa Energy Executes New Zealand’s First Exchange-Traded Gas Option

The historic transaction took place on emsTradepoint, the natural gas settlement and matching platform operated by Transpower New Zealand.  The firm said the milestone introduces a new layer of flexibility and risk management for market participants, offering a vital tool to navigate an evolving energy landscape. The inaugural deal, which was developed in collaboration with…

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financial buildings
September 03, 2025 BY Sam Boughedda

Airwallex Acquires OpenPay to Deliver Billing, Payment, and Revenue Analytics Tools

The move is expected to integrate OpenPay’s subscription management, payment orchestration, and revenue analytics tools into Airwallex's existing platform, strengthening its product suite against competitors such as Stripe Billing and Recurly.  The acquisition aims to empower Airwallex customers to automate and unlock revenue growth in an increasingly global subscription economy. The new billing capabilities are…

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September 02, 2025 BY Sam Boughedda

Fiinu to Raise up to £1.41 Million in Share Subscription

The company said it has entered into agreements to issue 9.4 million new ordinary shares at 15 pence per share.  The Subscription Shares will be placed with institutional and other investors, with admission to trading on AIM expected around 17 September 2025. The issue price represents a 50 percent premium to Fiinu’s August subscription linked…

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September 02, 2025 BY Sam Boughedda

Revolut Australia Fined A$187,800 by AUSTRAC For Late Reporting

The penalty follows Revolut’s self-disclosure that it had failed to submit international funds transfer instructions within the timeframes required under the Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) Act. The company has since paid the notice in full. AUSTRAC Chief Executive Brendan Thomas said Revolut co-operated with the regulator and took steps to remedy the…

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September 02, 2025 BY Sam Boughedda

BTIG Begins Offering Clients Access to TSE’s CONNEQTOR ETF Platform

Launched in February 2021, CONNEQTOR is a Request for Quote (RFQ) platform designed to improve liquidity in Japan’s exchange-traded fund (ETF) market.  It enables investors to request quotes from multiple market makers simultaneously at no additional cost, supporting faster and more cost-efficient execution of trades. Through BTIG, institutional investors and financial institutions trading TSE-listed ETFs…

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September 02, 2025 BY Sam Boughedda

SocGen Australia Fined A$3.88m Over Market Gatekeeper Failures

The penalty follows an investigation by the Australian Securities and Investments Commission (ASIC), which found SocGen breached market integrity rules by allowing two clients to place 33 suspicious orders between May 2023 and February 2024. ASIC said each order bore signs of an attempt to “mark the close”, where trades are placed just before market…

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September 02, 2025 BY Sam Boughedda

Plus500 Expands Futures Clearing with ICE Clear Europe Membership

The fintech group, which operates proprietary technology-based trading platforms, said the membership would allow it to broaden clearing services across multiple asset classes and offer customers a more seamless trading experience.  The move is expected to build on Plus500’s ICE Clear US membership, obtained earlier this year, and is part of the company’s strategy to…

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Hong Kong
September 02, 2025 BY Sam Boughedda

Beeks Group Invests in Liquid-Markets-Solutions to Boost Ultra-Low-Latency Capabilities

The company said its seven-figure investment will allow Beeks to integrate ÜberNIC, an FPGA-based Ethernet adapter delivering sub-microsecond latency and deterministic performance, into its managed services.  The firm said the move aligns with its commitment to enhancing execution speeds and reliability for institutional clients operating in latency-sensitive environments. ÜberNIC offers advanced features including Compute Express…

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