Category: Institutional

Cornerstone revenue
July 11, 2023 BY Steffy Bogdanova

Cornerstone FS revenue surges 89% in H1 2022

Significantly, the revenue stemming from direct client services experienced a growth of around 121%, accounting for 87% of the total revenue. This figure marks a substantial increase compared to the previous year's first half, where it constituted 74% of the overall revenue. James Hickman, CEO of Cornerstone, said: This has been an excellent six months…

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July 11, 2023 BY Steffy Bogdanova

Finalto partners with Your Bourse for liquidity distribution

As a vital component of this collaboration, Finalto will distribute its institutional liquidity directly to clients of Your Bourse via the Your Bourse Platform. Clients will have access to Finalto's liquidity, integrated within the Your Bourse Platform. Paul Groves, UK B2B CEO at Finalto, said: We have known the Your Bourse team for many years…

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July 04, 2023 BY Steffy Bogdanova

Swissquote unveils a new investment and saving solution

As per the company's statement, Invest Easy encompasses four pre-established strategies: savings, prudent, balanced, and ambitious. The savings strategy is designed for long-term investments, while the prudent strategy emphasizes a cautious approach. On the other hand, the balanced strategy incorporates a moderate level of risk. In contrast, the ambitious strategy aims at high-risk investments, encompassing…

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HKEX
June 23, 2023 BY Steffy Bogdanova

HKEX opens a New York office to support North American clients

HKEX Chief Executive Officer, Nicolas Aguzin, said: This new office will better connect two of the most important financial centres in the world, and, together with our recently announced London office, will further connect international capital with the exciting opportunities in Asia. This is part of HKEX’s ongoing commitment to further broaden international participation in…

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Broadridge Financial Solutions
June 21, 2023 BY Steffy Bogdanova

EquiLend and Broadridge announce partnership to streamline central clearing of securities finance transactions

Users of EquiLend 1Source, a DLT-based source of information for the securities finance industry, will be able to direct securities lending trades seamlessly to the NSCC for central clearing via Broadridge’s Trade Submitter Service. Darren Crowther, Head of Securities Finance Services, Broadridge, said: We are delighted to be able to offer our joint clients straight-through…

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June 12, 2023 BY Alan Sayer

UBS Completes Credit Suisse Deal - Creates Wealth Management Powerhouse

The move by UBS to acquire Credit Suisse represents the most significant banking deal since the 2008 global financial crisis. Ermotti and Kelleher added that there are challenges but also "many opportunities" for employees, shareholders, clients, and Switzerland itself. The newly created banking giant will oversee $5 trillion of assets, meaning UBS will now take…

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CMC markets
June 09, 2023 BY Alan Sayer

CMC Markets Acquires 33% Stake in Blockchain Business StrikeX Technologies

The companies will link up to combine StrikeX's expertise in tokenisation and self-custody technologies and CMC's extensive experience in financial services. In addition, CMC Markets will gain access to the latest blockchain-related products and services, allowing it to leverage the technology for its customers over the longer term. CMC added that the "arm's length investment"…

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advanced markets x brokeree
June 07, 2023 BY Alan Sayer

Advanced Markets and Brokeree Solutions Team-Up to Enhance Liquidity and Trading Services

Anya Aratovskaya, VP Institutional Sales at Advanced Markets stated: We're excited to partner with Brokeree Solutions to offer our clients enhanced liquidity and trading services." Andrey Kamyshanov, Co-Founder and Managing Partner at Brokeree Solutions, added: We are delighted to partner with Advanced Markets and merge our Prime-of-Prime Liquidity with their innovative Liquidity Bridge. This collaboration…

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