The move allows the company’s clients to trade overnight via Blue Ocean ATS. The new service is said to be available through Sterling’s OMS and forms part of the company’s broader global expansion strategy. The firm explained in a press release that clients can now access US equities markets during overnight hours, complementing Sterling’s existing…
Read more
The licence, granted by the Federal Reserve Board and the New York State Department of Financial Services, is said to allow the firm to establish a regional hub for client services and business development across the Americas. CAB said the US presence will support existing relationships and help build closer ties with its US dollar…
Read more
In a press release Monday, the company said the move aims to transform fixed income markets through enhanced data and execution services. The London-based markets infrastructure firm stated it would integrate Neptune’s real-time bond data platform with Liquidnet’s electronic credit trading capabilities. The combined entity will provide a full-service D2C credit offering, connecting buy-side and…
Read more
The move marks a step forward in the global expansion of the credit default swap (CDS) clearing platform. LCH CDSClear, operated by LSEG, is said to offer the broadest range of CDS products of any credit central counterparty (CCP) globally. RBC’s membership will allow the bank, a market maker in both European and US CDS…
Read more
In a statement, Alpha’s board confirmed it had recently held talks with Corpay and believes it is in shareholders’ best interests to remain engaged with the payments and risk management firm. Under UK takeover rules, Corpay was required to either make a firm offer or walk away by 5 p.m. on 30 May. However, following…
Read more
The collaboration is said to form part of Project DAMA 2, a multi-chain asset servicing pilot aimed at streamlining how asset managers manage and support tokenised funds and investor interactions. The initiative is expected to integrate Machine Learning and Large Language Models into asset servicing workflows, enabling increased speed, transparency and precision through explainable AI.…
Read more
Under the terms of the deal, announced in February 2024, Discover shareholders received 1.0192 Capital One shares for each Discover share, representing a 26.6% premium. “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences,” said Capital One CEO Richard Fairbank. “We are well-positioned to continue our…
Read more
In the initial phase of the partnership, Standard Chartered will provide FalconX with a “comprehensive suite of banking services,” including access to a broad range of currency pairs and enhanced cross-border settlement infrastructure. FalconX will also initially integrate Standard Chartered's banking infrastructure. The integration is expected to improve the speed, scale and reliability of FalconX’s…
Read more
The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community. The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure. “This…
Read more
The deal will see StoneX’s subsidiary, StoneX Financial Europe GmbH, take over the Paris-based firm. Plantureux et Associés, with nearly four decades of experience in agricultural commodities, is seen as a well-established intermediary in France’s cereal market. The firm operates across both physical and derivatives markets and is known for its deep industry expertise and…
Read more