Category: Financial Services

FINRA's 2018 volume tops 2017 activity by 87%
October 07, 2025 BY Sam Boughedda

FINRA Fines Synovus Securities $315,000

According to FINRA’s Letter of Acceptance, Waiver and Consent, the violations occurred between January 2022 and September 2025.  Synovus reportedly failed to maintain a supervisory system capable of detecting electronic signature forgery, resulting in more than 100 customers’ signatures being forged across over 150 documents and over 500 forged employee signatures.  The misconduct is said…

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October 07, 2025 BY Sam Boughedda

ASIC Approves Cboe Listing Licence, Increasing Competition With ASX

The move is seen as a way to increase competition in Australia’s public markets, expanding access to initial public offerings (IPOs), dual-listed entities and new investment opportunities for local investors. ASIC said the decision supports its commitment to promote a more dynamic and competitive listing environment.  “Australia’s capital markets are strong and resilient, but they…

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Swiss Stock Exchange
October 06, 2025 BY Sam Boughedda

Schroders Joins SIX Swiss Exchange as New ETF Issuer

The launch allows Schroders to tap into SIX’s extensive distribution network and investor base, which includes both institutional and retail investors across Switzerland.  SIX, one of the first European exchanges to introduce an ETF segment in 2000 and to list active ETFs in 2011, described the move as further diversification of its active ETF offering.…

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Euronext
October 06, 2025 BY Sam Boughedda

Euronext Launches Voluntary Exchange Offer for ATHEX Shares

The acceptance period opens on 6 October and will run until 17 November 2025. The offer marks what Euronext described as a “significant step towards a more integrated and competitive capital market in Europe.”  Under the terms, shareholders will receive one newly issued Euronext share for every 20 ATHEX shares tendered. Euronext said integrating ATHEX…

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Cboe
October 06, 2025 BY Sam Boughedda

Cboe Sets Record Options Volumes in September

The derivatives and securities exchange network said total options trading across its four U.S. exchanges reached a record average daily volume (ADV) of 20.5 million contracts in September, up 46% from a year earlier and 18.8 million in the third quarter. Index options trading also hit a new high, rising 27.1% year-on-year to an ADV…

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October 03, 2025 BY Sam Boughedda

CME Group to Launch 24/7 Trading for Crypto Futures and Options in 2026

The world’s leading derivatives marketplace said the move reflects rising demand from clients seeking to manage crypto risk every day of the week.  “While not all markets lend themselves to operating 24/7, client demand for around-the-clock cryptocurrency trading has grown as market participants need to manage their risk every day of the week,” said Tim…

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Clearstream
October 02, 2025 BY Sam Boughedda

Clearstream Extends Vyntra Partnership to Boost Transaction Transparency

The deal was formalised at the Sibos conference in Frankfurt, underscoring its strategic importance. As one of the world’s leading providers of post-trade services, Clearstream faces growing transaction volumes and operational complexity.  The company said the extended partnership with Vyntra reflects its commitment to next-generation technology as it seeks to maintain its reputation for reliability…

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FINRA building
October 02, 2025 BY Sam Boughedda

FINRA Fines Velocity Clearing $1m Over Supervisory Failures

According to a Letter of Acceptance, Waiver, and Consent published by FINRA, the failings spanned from December 2019 to the present and involved breaches of FINRA Rules 3110 and 2010.  The regulator explained Velocity’s written supervisory procedures did not provide sufficient guidance on how to assess alerts for spoofing, layering, wash trades, cross trades and…

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Reduced retail sales curbs the pound
October 02, 2025 BY Sam Boughedda

Corpay Joins UK Faster Payments Service to Boost Real-Time GBP Transactions

The corporate payments firm, listed on the New York Stock Exchange, said the move marks a key milestone for its cross-border business and enhances its ability to serve both domestic and international clients operating in GBP.  Pay.UK’s chief operating officer, David Morris, explained that FPS, operated by Pay.UK, provides fast, secure and low-cost transfers and…

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