Category: Fintech

Acuity Trading Barcelona
March 18, 2025 BY Sam Boughedda

Acuity Trading Partners with interop.io to Enhance Operational Efficiency

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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March 18, 2025 BY Sam Boughedda

Nasdaq and Nuam Extend Strategic Tech Partnership

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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Robinhood
March 18, 2025 BY Sam Boughedda

Robinhood Announces Prediction Markets Hub for Event-Based Trading

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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Broadridge
March 14, 2025 BY Sam Boughedda

Broadridge Releases Investor Pulse Interactive Tool

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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Euronext
March 13, 2025 BY Sam Boughedda

Euronext Agrees Deal to Acquire Admincontrol

The firm will acquire 100% of the company from Visma. The €398 million cash deal aligns with Euronext’s "Innovate for Growth 2027" strategy, which aims to expand its SaaS business and increase subscription-based revenues.  The acquisition is expected to be completed by the second quarter of 2025, subject to regulatory approval. Admincontrol, headquartered in Oslo,…

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StoneX
March 12, 2025 BY Sam Boughedda

StoneX Agrees Deal to Acquire The Benchmark Company

The company said the move is aimed at strengthening its investment banking and capital markets capabilities.  The acquisition is expected to improve StoneX’s equity research, sales, trading, and investment banking services, expanding its presence in global capital markets. Benchmark is a full-service investment banking firm headquartered in New York and has been operating for over…

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money market funds
March 11, 2025 BY Sam Boughedda

Public Partners with Capitalize to Streamline 401(k) Rollovers

The partnership is aiming to allow members to consolidate retirement savings more easily.  Public will integrate Capitalize’s Rollover API, enabling users to transfer legacy 401(k) accounts into Individual Retirement Accounts (IRAs) directly on its platform. The company explained that the partnership also seeks to address the growing issue of unclaimed retirement funds.  They note that…

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Hong Kong
March 10, 2025 BY Sam Boughedda

Marqeta Partners with Spendesk to Enhance Expense Management for European SMBs

It was revealed that Spendesk, a spend management and procurement platform, will integrate Marqeta’s card processing technology into its Core Banking Platform, offering customers both physical and virtual cards with customisable spend controls.  The collaboration is expected to enhance real-time expense tracking, budget monitoring, and automated financial management for businesses. “Expense management and procurement solutions…

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saxo bank revenues
March 10, 2025 BY Sam Boughedda

Safra Sarasin Group to Acquire a Majority Stake in Saxo Bank

The majority stake was previously held by Geely Financials Denmark and Mandatum Group.  Saxo Bank will continue to operate as a standalone entity, with founder and CEO, Kim Fournais, retaining approximately 28% ownership. Fournais will also continue as CEO. The acquisition is aimed at strengthening both companies, combining J. Safra Sarasin’s wealth management expertise with…

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March 07, 2025 BY Sam Boughedda

Virtu Financial Launches Virtu Technology Solutions

The new product suite is said to be designed to provide sell-side broker-dealers with access to the firm’s advanced execution and workflow technology. The company explained that VTS repackages Virtu Execution Services’ (VES) existing capabilities, which have long been used by institutional clients to enhance market access, trade execution, and analytics.  With this expansion, Virtu…

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