The inclusion will see AIM-listed stocks available on a range of Cboe platforms, including the Lit and Dark order books, the Periodic Auction book, the Closing Cross (3C), and Cboe BIDS Europe. The exchange added that the securities will also be reportable as Exchange Trade Reports (ETRs). Cboe confirmed that standard trading hours will apply,…
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The collaboration aims to provide buy-side firms with access to a broader range of services and enhanced operational efficiency. The first live product of the partnership is a fund data management service delivered through Clearstream’s Kneip platform. This is said to allow SimCorp clients to outsource the dissemination of fund data, documents and regulatory reporting,…
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The service is said to offer customers scalable, secure access to infrastructure directly connected to the Australian Liquidity Centre (ALC), ASX’s data centre located at the heart of the country’s financial markets. Built on Beeks’ Exchange Cloud platform, ASX said Colo OnDemand provides private cloud computing and high-performance trading infrastructure on demand. Jamie Crank, ASX’s…
Read moreFurthermore, the company said in a press release that the move enables local merchants to connect with global markets. The payments technology leader already operates in Argentina, Brazil and Mexico. With Colombia now added to its regional footprint. Worldpay stated that it aims to support both local businesses seeking international growth and global brands targeting…
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The firm revealed that the offering is being conducted through a private placement to qualified investors only, excluding retail investors. The bonds will pay a fixed annual coupon of between 1.5% and 2.0%, with interest payable semi-annually. The initial conversion price will be set 30% to 35% above Euronext’s reference share price on Euronext Paris,…
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The Florida-based brokerage firm was also ordered to pay $38,591.39 in restitution to affected customers and undertake corrective measures. According to FINRA, between February 2021 and the present, AAG Capital did not implement a system reasonably designed to comply with Regulation Best Interest (Reg BI) when recommending registered index-linked annuities (RILAs) to retail clients. The…
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The initial day of trading saw more than $19 million in notional volume. The contracts are offered in two sizes: a micro contract of 2,500 XRP and a larger 50,000 XRP contract. Both are cash-settled against the CME CF XRP-Dollar Reference Rate, which is calculated daily at 4:00 p.m. London time. “We are pleased to…
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Hui succeeds Vanessa Lau, who will remain as HKEX Chief Operating Officer following a decade overseeing the exchange’s finance functions, including five years as Group CFO. In his new role, Hui will oversee HKEX’s Financial, Treasury and Investor Relations functions and will report to Chief Executive Officer Bonnie Y Chan. He will also join the…
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The regulator said the company failed to maintain adequate safeguards for customer information over an eight-year period. Between January 2014 and March 2022, FINRA claims it found that Wells Fargo did not have a supervisory system or written procedures reasonably designed to protect client data. They explained that when certain registered representatives left the firm,…
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The move comes after compensation was paid to consumers under the Compensation Scheme of Last Resort (CSLR). ASIC said Calaite Capital failed to comply with two determinations issued by the Australian Financial Complaints Authority (AFCA) on 8 July and 31 October 2024. The firm did not pay the required compensation, prompting the CSLR to step…
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