Category: Financial Services

Cboe Global Markets
February 06, 2025 BY Sam Boughedda

Cboe SPX Options ADV Achieved 2nd Best Month on Record in January

The firm said SPX options saw notable growth in short-dated contracts and global trading hours activity.  On January 31, a record 2.42 million zero days to expiry (0DTE) SPX contracts were traded, the highest single-day volume for 0DTE options.  Additionally, January 27 is said to have set a new record for global trading hours, with…

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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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Cboe
February 04, 2025 BY Sam Boughedda

Cboe Plans to Launch 24x5 US Equities Trading

The exchange said the expansion aims to meet increasing global demand for extended trading access, particularly from investors in Asia-Pacific markets such as Hong Kong, Japan, and Australia. Oliver Sung, Head of North American Equities at Cboe, stated, “We continue to hear from market participants globally – particularly those in Asia Pacific markets like Hong…

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Tradeweb
January 31, 2025 BY Sam Boughedda

Tradeweb Receives SEC Approval for Swap Execution Facility's SBSEF Registration

The milestone allows Tradeweb to facilitate the trading of single-name credit default swaps (CDS) for institutional clients in compliance with the SEC’s evolving regulatory framework. The approval follows the SEC’s introduction of Regulation SE, which requires any platform executing security-based swaps to register as either an SBSEF or a national securities exchange.  With the designation,…

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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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