KeyInvest, a life insurance company and friendly society primarily offering funeral bonds, was subject to an independent review at APRA’s request. The review is said to have uncovered deficiencies in its risk controls and raised concerns over board oversight of long-term strategic objectives. As a result, APRA applied a $5.5 million operational risk capital add-on…
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Although down from the July 2024 record of 24.8 million contracts, July 2025 still marked a strong performance across several asset classes, with notable growth in cryptocurrency and metals products. Cryptocurrency products posted a record monthly ADV of 302,000 contracts, equating to $13.6 billion in notional value. This is said to have included all-time highs…
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Liot originally joined Aquis as Head of Technology Development and is said to have played a pivotal role in delivering some of the company’s most significant technology projects. The firm added that he has also implemented robust development processes and workflows aimed at enhancing performance and long-term resilience. Prior to Aquis, Liot held senior roles…
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The collaboration will see Centroid integrated into XS.com’s liquidity distribution network, enabling clients to access XS.com’s premium liquidity across multiple asset classes, including forex, metals, energy, commodities, indices and CFD shares. Wael Hammad, Chief Commercial Officer at XS.com, said: “We look forward to this partnership with Centroid to deliver even greater value and satisfaction to…
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Daniel, who previously chaired the Texas Workforce Commission, will lead the NYSE’s operations in Texas and report directly to Lynn Martin, President of NYSE Group. His appointment comes as the NYSE, part of Intercontinental Exchange, seeks to build a local capital markets ecosystem in the Lone Star State. “We welcome Bryan to our team to…
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In a press release, the company revealed it plans to offer 15 million shares of common stock, with an expected price range of $19 to $21 per share. An additional 2.25 million shares may be sold if underwriters exercise a 30-day option in full. MIH, the parent company of exchanges including MIAX, MIAX Pearl, MIAX…
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Under the initiative, LSEG has entered into an irrevocable agreement with Goldman Sachs International to repurchase ordinary shares on its behalf. Acting as riskless principal, Goldman Sachs will carry out the purchases on the London Stock Exchange and Turquoise Equities Trading, in line with pre-set parameters. The firm said the programme begins immediately and is…
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The move is said to come in response to shifting demand patterns in the Australian National Electricity Market (NEM), driven by the rapid rise in renewable energy, particularly solar. According to ASX, the increased reliance on solar has resulted in heightened electricity demand during morning and evening periods across all regions. “With the changes in…
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Non-volume-related revenue accounted for 58% of total income, covering 161% of underlying operating expenses excluding depreciation and amortisation. Securities Services revenue rose 6.5% to €86.2 million, while Capital Markets and Data Solutions revenue increased 12% to €165.4 million, aided by the acquisition of Admincontrol and continued expansion in advanced data and tech services. Volume-related income…
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The regulator revealed that between December 2018 and December 2023, Sigma submitted nearly 925,000 incorrect reports, representing almost all of its transactions during that time. The FCA said the errors stemmed from incorrect system setup and remained uncorrected due to weaknesses in Sigma’s reporting processes. “The transaction reports we receive are crucial to the work…
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