acquisition
May 14, 2021 BY Steffy Bogdanova

ETX Capital to acquire all assets of UK fintech Oval Money

Guru Capital has stated that the merger ETX’s and Oval’s goals to allow access to a wide range of financial services. Launched in 2017, Oval Money Ltd. offers savings and investment options to more than 350,000 users via a mobile app. The company was incorporated by Italian entrepreneur Benedetta Arese in 2016. The company is…

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Acquisition
May 13, 2021 BY Steffy Bogdanova

S&P Global and IHS Markit issue update on merger

The divestiture is pending regulatory and antitrust authorities’ approval. According to the official update, S&P Global and IHS Markit are working with regulatory institutions on the proposed merger, including on the proposed divestiture. The merger is on track to close in the second half of 2021 as previously planned. HS Markit announced earlier in March…

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Eventus Systems
May 13, 2021 BY Steffy Bogdanova

Eventus Systems signs first Australian client - Morrison Securities

According to the official announcement, Morrison Securities will go live on Validus in July for trade surveillance of its activity on the ASX, Chi-X Australia (CXA) and the National Stock Exchange of Australia (NSX). The company will deploy the cloud-based version of platform, hosted in real-time. William Slack, Managing Director, Morrison Securities, added: We see…

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Plus500
May 13, 2021 BY Steffy Bogdanova

Plus500 shareholders approve Jacob Frenkel as Chair of the Board

Frenkel is a veteran in the field with more than 40 years in global macroeconomics. He has built a significant experience in leading and advising a number of high profile multi-national financial institutions. Most recently, Frenkel served as Chairman of JPMorgan Chase International, between 2009 and 2020. He was also Chairman of the Board of…

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Whistleblower
May 13, 2021 BY Steffy Bogdanova

SEC awards whistleblowers with $3.6 million

So far, the agency has awarded over $842 million to a total of 157 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

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StoneX
May 13, 2021 BY Steffy Bogdanova

StoneX starts a virtual course on Futures for all types of traders

Clayton Passero, Managing Director, Head of Futures Online at StoneX Financial Inc. – FCM Division said: As one of the leading Futures Commission Merchants, StoneX Financial Inc. is a strong believer in providing the education, products and services to help customers of all knowledge levels achieve their market goals. The industry is seeing more and…

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