The investment platform is getting closer to going private, with the company receiving a court sanction on Tuesday for its £5.4 billion deal with an international consortium to take the company private. The consortium includes firms such as CVC capital partners, Abu Dhabi's sovereign wealth fund and Swedish private equity firm Nordic Capital. Stirling, who…
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The collaboration will integrate Acuity’s AI-powered financial analytics with interop.io’s FDC3 framework. It is expected to create a “seamlessly interconnected financial ecosystem.” It is expected to provide real-time market insights within existing workflows, eliminating the inefficiencies of fragmented data sources. “Institutions demand seamless data integration to support workflows and maintain a competitive edge,” Acuity Trading…
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The companies said that under the extended agreement, Nasdaq’s central securities depository (CSD) platform will be adopted by all three exchanges. The move is aimed at streamlining operations, reducing costs, and increasing liquidity across the region. It builds on Nasdaq’s existing collaboration with nuam, which is already integrating its trading infrastructure with Nasdaq’s technology. “Having…
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At launch, the online brokerage said that traders would be able to speculate on the Federal Reserve’s interest rate decision for May and the men’s and women’s College Basketball Tournaments. “We believe in the power of prediction markets and think they play an important role at the intersection of news, economics, politics, sports, and culture,”…
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The ETF is the first managed futures UCITS ETF available in the region. The company said the fund is now listed on Euronext Paris and will soon be available on the London Stock Exchange in sterling. It mirrors the US-listed iMGP DBi Managed Futures Strategy ETF, which is managed by DBi, a specialist in hedge…
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ASIC is also seeking the appointment of a receiver and manager over the personal property of Falcon director David Anderson. The move follows a court-ordered asset freeze in February 2025 amid concerns over First Guardian’s management. Withdrawals from the fund have been suspended since May 2024, with limited exceptions. ASIC alleges that $274 million of…
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The company said in its release that it believes the milestone highlights growing institutional adoption of digital assets and marks a significant step in expanding regulated crypto derivatives markets. "This highly anticipated launch marks a historic moment for the Solana ecosystem, allowing institutional investors to manage risk and price exposure on a regulated venue," said…
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The legal proceedings regard their alleged failure to prevent the misappropriation of HK$74.4 million in corporate funds. The SFC said it is seeking disqualification orders to bar the directors from serving in corporate roles and compensation orders to recover the lost funds. The directors named in the case include Xu Zhigang, the company’s former CEO,…
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The latest update includes a personal rate of return metric, revealing that individual investors saw an average return of 13.5% in 2024, compared to 25% for the S&P 500 and 1.3% for the Bloomberg Aggregate Bond Index. The Investor Pulse tool, which tracks taxable and IRA accounts for nearly 50 million U.S. investors, allows users…
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The sites affected include four illegal financial intermediaries and one website promoting an unregistered brokerage platform, Consob said in a statement. The move brings the total number of blacklisted sites to 1,252 since July 2019, when the regulator was given the authority to block financial websites it deems as fraudulent under the "Growth Decree" and…
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