The company also announced a new €500 million share buyback programme and proposed an increased dividend of €4.00 per share. According to the firm’s preliminary financial results, EBITDA rose 15% to €3.40 billion, significantly surpassing the company’s original full-year guidance. Organic growth alone accounted for 8% of the revenue increase. “In 2024, we once again…
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The move, announced on Wednesday, follows a successful pilot programme at the end of 2024. All of Schwab’s retail clients are now able to trade an expanded list of securities, including the S&P 500 and Nasdaq-100 stocks and hundreds of additional ETFs 24 hours a day, five days a week, The new overnight session orders…
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On Wednesday, the social trading platform said it had submitted a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) on 12 February 2025. The number of shares to be offered and the price range for the IPO have not yet been determined, according to eToro. The public listing is…
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The move is to reward and thank the team for its past performance and incentivise future growth. It also aligns with Tillbrook’s step back from daily operations at the end of 2024. The grants were approved by Alpha’s Remuneration Committee following discussions with major shareholders and advisory bodies. "I have given this considerable thought and…
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The asset manager attributed the rise to favourable market returns, which contributed $37 billion, alongside foreign exchange movements that added $1.2 billion. The firm also said it recorded net long-term inflows of $5.1 billion during the month, non-management fee earning net inflows of $2.3 billion, and money market net inflows of $11.3 billion. The largest…
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Through the integration, the company explained that brokers and prop firms using DXtrade will automatically gain access to AI BI’s advanced data analytics solutions, designed to optimise sales strategies, enhance risk management, and improve operational efficiency. The partnership is expected to help firms increase revenue while reducing expenses by providing insights into client activity and…
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The firm explained that under the agreement, Euronext Clearing will use Euroclear as its first triparty agent, providing clients with automated and flexible collateral solutions. The initiative is expected to expand Euronext’s leading Italian repo clearing franchise to include a wider range of European government bonds, benefiting European and international clients. Euroclear will act as…
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The commission-free trading platform announced that UK investors can now trade options on stocks and indices, a market traditionally difficult to access due to high fees and complex platforms. "Options trading has historically been difficult for UK investors to access due to high fees, complicated platforms, and limited educational resources," said Jordan Sinclair, President of…
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Despite exiting its ownership position, TD said it will maintain a business relationship with Schwab via the Insured Deposit Account (IDA) Agreement. TD currently holds 184.7 million Schwab shares, representing 10.1% economic ownership. As part of the transaction, Schwab has agreed to repurchase US$1.5 billion worth of its shares from TD, conditional on the completion…
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The collaboration aims to help financial institutions deliver scalable, personalised digital banking experiences for both retail and corporate clients. With over 20 years of experience, Tagit offers a Digital Banking Suite that includes solutions for retail, corporate, family banking, and digital onboarding. By integrating the capabilities with Experion’s expertise in customisation, localisation, and compliance, the…
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