The firm said the move reflects growing demand for market data and analytics across the region. Mr. Nakagawa, based in Japan, will focus on market data sales, while Mr. Zou, based in Singapore, will lead the growth of analytics and indices services. Their appointments are part of Cboe’s strategy to strengthen its presence in Asia…
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In the initial phase of the partnership, Standard Chartered will provide FalconX with a “comprehensive suite of banking services,” including access to a broad range of currency pairs and enhanced cross-border settlement infrastructure. FalconX will also initially integrate Standard Chartered's banking infrastructure. The integration is expected to improve the speed, scale and reliability of FalconX’s…
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The firm said in a press release that the technology underpins BondGPT, Broadridge’s generative AI application integrated into the LTX electronic trading platform, and its enterprise version, BondGPT+. Released in 2023, BondGPT and BondGPT+ are said to allow corporate bond traders, portfolio managers and analysts to query complex datasets using natural language. Broadridge explained that…
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The shares are set to debut on the Nasdaq Global Select Market on 14 May under the ticker symbol "ETOR". The IPO is expected to raise approximately $620 million, valuing the stock and cryptocurrency trading platform at around $4.2 billion. Founded in 2007, eToro has established itself as a major player in retail investing, competing…
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The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community. The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure. “This…
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The company has made the move as it plans to scale generative AI across the business. The Spanish banking group first partnered with OpenAI in May 2024, trialling the secure enterprise version of ChatGPT to streamline internal operations and boost innovation. One year on, the bank said that over 80% of licensed users report using…
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The enhanced partnership will focus on capital access, fraud protection, and digital wallet services. As part of the collaboration, Paysafe will integrate Fiserv’s Clover Capital solution, enabling SMBs to access funding more easily to support growth. The partnership is also expected to see Paysafe adopt Fiserv’s Data-as-a-Service platform to bolster fraud prevention capabilities, further safeguarding…
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The acquisition will see Coinbase pay $700 million in cash and issue 11 million shares of its Class A stock. The deal is expected to close by the end of 2025. Deribit has roughly $30 billion in open interest and processed more than $1 trillion in trading volume last year in its key markets, largely…
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The failings are said to include inadequate oversight of paid influencers and widespread disclosure lapses affecting millions of clients. FINRA said Webull failed to supervise or retain records of promotional content produced by more than 400 paid social media influencers between January 2019 and December 2022. They add that some of the content contained exaggerated…
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The new service, HSBC TradePay for Import Duties, is said to enable businesses to streamline duty payments while optimising working capital. By allowing HSBC to settle import duty payments directly, either via pre-agreed credit terms with brokers or through ACH credits, HSBC said clients can access credit and make payments in a single transaction. “Clients’…
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