September 01, 2025 BY Sam Boughedda

The5ers Expands Trader Options with cTrader Integration

The London-based prop trading firm said the move followed a review of multiple platforms. “After conducting an extensive review of multiple platforms, we selected cTrader as an additional option to enhance our offering for experienced traders,” said Saul Lokier, Chief Executive of The5ers. “This opens the door to one of the industry’s most advanced trading…

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September 01, 2025 BY Sam Boughedda

Worldline Appoints Anika Grant as Chief People Officer

Grant, who succeeds Florence Gallois, brings more than three decades of experience in human resources leadership and strategic talent management.  She was most recently Chief People Officer at Ubisoft, where she oversaw a transformation of the HR function during a period of significant organisational change. Prior to that, Grant held senior HR roles at Dyson,…

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Binance seeks to curb SEC’s hunt for “fraud”
September 01, 2025 BY Sam Boughedda

Binance Appoints SB Seker as Asia-Pacific Head

Seker, who brings more than two decades of legal and regulatory experience, will oversee strategy, operations, and engagement with policymakers across the Asia-Pacific region. His appointment follows AUSTRAC’s order earlier this month for Binance’s Australian business to undergo an independent audit after raising “serious concerns” over its anti-money laundering controls. Seker previously served as Senior…

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September 01, 2025 BY Sam Boughedda

ASIC Bans Former United Global Capital Adviser for Six Years

ASIC determined that Mr Petrovic advised clients to establish self-managed superannuation funds and direct significant portions of their retirement savings into the Global Capital Property Fund Limited (GCPF), a related property investment company which is also now in liquidation. The regulator found Mr Petrovic had not acted in his clients’ best interests, failed to provide…

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September 01, 2025 BY Sam Boughedda

ASIC Permanently Bans NSW Investment Manager Over Fraud Conviction

The conviction stemmed from Trevillian’s creation and distribution of forged performance verification reports, which were used to solicit investments from clients of AlphaThorn Pty Ltd.  ASIC said the conduct demonstrated serious dishonesty and warranted the strongest possible regulatory response. Under the Corporations Act 2001 and the National Consumer Credit Protection Act 2009, ASIC may permanently…

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September 01, 2025 BY Sam Boughedda

SEC Fines Vanguard Advisers $19.5m for Failing to Disclose Conflicts in Advisory Service

According to the SEC’s order, between August 2020 and December 2023, Vanguard incentivised its financial advisers to enrol and retain clients in PAS, without sufficiently informing clients of the potential conflict created by this compensation structure.  While Vanguard’s official brochure acknowledged that advisers could receive bonuses tied to client enrolments, other disclosure documents and marketing…

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State Street Corp offices
September 01, 2025 BY Sam Boughedda

State Street Expands $431 Billion Investment Services Mandate with Columbia Threadneedle

The agreement is expected to see State Street deliver fund accounting, administration and custody services, deepening a relationship that dates back to the 1990s.  The firms have collaborated across multiple mandates, including support for Columbia Threadneedle’s acquisition of BMO Financial Group’s EMEA Asset Management business in 2021. As part of the expanded mandate, more than…

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Clearstream
August 29, 2025 BY Sam Boughedda

Clearstream Introduces Collateral Benchmarking Tool to Enhance Market Insights

The firm explained that the new feature is designed to provide clients with greater transparency and intelligence across collateral operations by leveraging anonymised peer data and key performance indicators. The tool is said to allow users to analyse transaction volumes, asset allocation, repo rates and other metrics in order to identify trends, uncover opportunities and…

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Barclays office building
August 29, 2025 BY Sam Boughedda

Swedbank Acquires Barclays' Entercard Stake

Entercard, which provides card products and consumer loans through partnerships in Sweden, Norway, Denmark and Finland, has been co-owned by Swedbank and Barclays since 2005. It employs around 450 staff and serves 1.5 million customers. “Today we are forming the largest card business in the Nordics and Baltics,” said Tomas Hedberg, Deputy Chief Executive of…

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CME Group
August 29, 2025 BY Sam Boughedda

Platts and CME Group to Launch Screen-Based Price Assessment Tool for US Aluminium Market

Expected to go live in January 2026, PlattsView will be integrated into Platts’ Market-On-Close (MOC) price assessment process for the U.S. Aluminium P1020 Midwest Transaction Premium (MWP), the industry’s benchmark for U.S. aluminium prices.  The platform will enable market participants to directly enter bids, offers and transaction data into the assessment process. CME Group will…

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