Category: Fintech

FlexTrade EMS extends Liquidnet’s Targeted Invitations
February 07, 2025 BY Sam Boughedda

FlexTrade Partners With LoopFX for Optimised FX Trading

The integration aims to enhance liquidity options and improve execution quality for asset managers and banks. LoopFX specialises in dark mid-point matching for large trades exceeding $10 million, helping reduce execution costs and minimise market impact.  With the integration, FlexTrade said FlexFX users can send orders to LoopFX without altering their existing workflows. Additionally, trading…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
February 06, 2025 BY Sam Boughedda

Broadridge Partners with Symphony to Enhance NYFIX Matching Solution

The company said the collaboration marks the first post-trade matching tool to incorporate messaging functionality, “enabling compliance, transparency and streamlined resolution of post-trade discrepancies.” Broadridge explains that the integration allows asset managers to communicate directly with executing brokers through Symphony’s platform, streamlining post-trade issue resolution.  "By integrating Symphony’s messaging functionality, we are enabling clients to…

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Euroclear reports operating income increase of 7% in H1 2021
February 05, 2025 BY Sam Boughedda

Euroclear's Interest Earnings Hit Record Levels in 2024

The company’s assets under custody grew to €40.7 trillion as of the end of December, marking nine consecutive quarters of growth. Underlying interest income increased 3% year-on-year to €1.15 billion, despite a decline in the second half of 2024 due to shifting interest rates.  Meanwhile, underlying business income rose 5% to €1.75 billion, supported by…

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February 05, 2025 BY Sam Boughedda

Devexperts Launches Futures and Options Trading Platform

The platform, which can be deployed out-of-the-box or customised, is said to be designed to meet the growing demand for futures products, particularly in the U.S. market. Ben Hurley, CEO of Devexperts, said: “A number of international market factors mean we are seeing ongoing interest in futures trading worldwide. This is particularly the case in…

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February 05, 2025 BY Sam Boughedda

STICPAY Integrates with MetaTrader 5

The collaboration allows all MT5 brokers to send and receive payments via STICPAY without requiring additional API integration. MT5, developed by MetaQuotes, is one of the leading online trading platforms, supporting forex, stocks, and futures trading.  It boasts over 8 million active accounts across more than 180 countries. With the integration, brokers on MT5 can…

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Sberbank launches new system for payment services SberPay
January 31, 2025 BY Sam Boughedda

AstroPay Obtains Payment Institution License for Multicurrency Wallet in Brazil

The license allows AstroPay to expand its multicurrency wallet services, offering cross-border transactions for both local and international users. With the regulatory approval, AstroPay said it aims to provide faster and more cost-effective financial solutions. Its “Pix for Foreigners” feature enables international visitors to make instant payments in Brazilian reais, reducing reliance on credit cards…

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January 30, 2025 BY Sam Boughedda

Trade Republic Launches Localised Banking Products in Italy

The announcement comes just weeks after a successful launch in France.  The company, which has over 8 million customers and more than €100 billion in assets under management, is introducing a free current account with a local IBAN and an automated tax submission system, directly competing with traditional banks. As a result of the launch,…

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financial buildings
January 30, 2025 BY Sam Boughedda

Euroclear and Microsoft Enter Multi-Year Strategic Partnership

The collaboration is expected to accelerate Euroclear’s transition into a Digital and Data-Enabled Financial Market Infrastructure, benefiting capital markets participants. The company said that by leveraging Microsoft’s cloud, AI, and analytics tools, it is aiming to drive efficiency and security within its operations.  The partnership will focus on modernising Euroclear’s customer engagement, strengthening market infrastructure,…

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January 29, 2025 BY Sam Boughedda

The Kingdom Bank Joins MetaTrader 5 Payments Service

This integration is expected to allow traders to deposit and withdraw funds directly from the MetaTrader 5 terminal. The Kingdom Bank describes itself as a global offshore crypto-friendly fintech bank. It is based in Dominica. It is said to operate in over 80 countries and supports more than 30 currencies.  The press release states that…

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January 28, 2025 BY Sam Boughedda

SBI Holdings to Acquire Majority Stake in Solaris

The move is set to make Solaris a consolidated subsidiary of SBI, marking a significant step in its European financial market ambitions. Solaris SE operates a platform specialising in embedded finance and holds a European banking licence.  Furthermore, the company has established partnerships with key players such as the All German Automobile Federation (ADAC) and…

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