Announced at its “To Catch a Token” event in Cannes, France, the company revealed that European customers can now access more than 200 U.S. stock and ETF tokens through its app, including dividend payments and 24/5 trading with no commissions or added spreads from Robinhood. “Crypto was built by engineers for engineers, and has not…
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The move is seen as a milestone in post-trade infrastructure harmonisation across Europe. Following the ECMS go-live on 16 June 2025, Clearstream became the only central securities depository (CSD) to offer full tri-party collateral management integration with the European Central Bank’s new platform. The ECMS is said to replace previously fragmented national systems, creating a…
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The deal, which is still subject to regulatory and antitrust approvals as well as negotiations with the Works Council in Germany, will see all custody staff, assets and clients transfer to BNP Paribas. HSBC said a phased transition is expected to begin in early 2026. The custody unit being divested provides domestic custody, clearing and…
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The partnership aims to enhance margin efficiency for clients active in foreign exchange markets. According to a press release, the initiative will allow clients who access FX Futures through Marex and use NatWest’s FX prime brokerage services to benefit from margin offsets. This is expected to reduce collateral requirements while maintaining clients’ preferred trading relationships.…
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Effective from 1 June 2025, the policy provides coverage of up to $1 million per client in the event of the company’s insolvency. The insurance, underwritten by Lloyd’s of London, operates independently of the Investor Compensation Fund (ICF), which already protects eligible retail clients under CySEC regulations for up to €20,000. Capital.com said the additional…
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According to the companies, the move is designed to help retail investors achieve their long-term financial goals through target-date strategies. The portfolios are said to automatically adjust asset allocation and risk exposure over time, shifting from growth-focused equity investments to more conservative fixed income as the target date approaches. eToro explained that each portfolio is…
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ECB Cuts The European Central Bank (ECB) led the charge with a deposit facility rate cut, emboldened by inflation settling near its 2% target and an improving, albeit gradual, economic recovery within the Eurozone. Lower energy prices, coupled with slower wage growth and a stronger euro, have provided the ECB with the necessary leeway to…
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The Canadian market entry is the latest in a series of strategic initiatives undertaken by Plus500 to fuel growth. In March, the company acquired Indian financial services firm Mehta Equities for approximately $20 million, signaling its intent to tap into emerging markets. This acquisition, coupled with regulatory approvals in regions like the UAE, demonstrates Plus500's…
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According to reports, X CEO Linda Yaccarino confirmed at the Cannes Lions festival that users will “soon” be able to “transact your whole financial life on the platform.” She added that it could include paying for a pizza, “or making an investment or a trade.” The app is also reportedly developing a digital wallet and…
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The move expands the bank’s wealth management services for high-net-worth and ultra-high-net-worth clients. The transaction will see Burgundy, an independent wealth manager with around $27 billion in assets under management as of May 31, integrated into BMO Wealth Management. Burgundy’s expertise is said to be in its discretionary investment management for private clients, foundations, pensions,…
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