The jump in transaction-based income contributed to a 45% rise in total net revenues, which came in at $989 million. Net income more than doubled to $386 million, while diluted earnings per share rose 100% to $0.42. Options trading is said to have led the way with revenues of $265 million, up 46%, followed by…
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Moran joined ASX in 2010 as Deputy General Counsel and became Group General Counsel in 2017. He was appointed Chief Compliance Officer in 2022, leading the organisation’s transition to a more risk-based and data-driven approach to market supervision. ASX CEO Helen Lofthouse praised Moran’s long-standing contribution to the organisation. “Having served on the Executive Team…
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The move marks an expansion of the Eurobond infrastructure into the Asia-Pacific region. Starting 1 August 2025, BOCHK will support the issuance, safekeeping, and lifecycle servicing of international securities under the Eurobond model. The appointment follows BOCHK’s successful completion of the ICSDs’ qualification process. The Eurobond market, valued at over €13 trillion, has long provided…
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Madalena Cascais Tomé, former CEO of SIBS, will join as Head of Financial Services from October 1. She replaces Alessandro Baroni, who is departing the company. Anika Grant, previously the Chief People Officer at Ubisoft and an HR executive at Uber, will assume the role of Chief People Officer, effective September 1, succeeding Florence Gallois. …
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The multi-asset platform revealed the move during its global webinar, eToro Unlocked: Trade Without Boundaries, as part of its goal to make markets more accessible and responsive to investor needs. Users will now be able to trade 100 of the most popular US-listed stocks and ETFs around the clock during the working week, with plans…
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The move is expected to help clients better manage settlement risks and prepare for the transition to T+1 settlement cycles. The updated tool uses artificial intelligence to forecast the likelihood of timely settlement and estimate potential penalty costs. The firm explained that by analysing transaction details and historical settlement patterns, it can identify at-risk instructions…
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Downes is expected to lead the strategy, operations, and growth of the company’s pan-European multilateral trading facility. He has significant experience in electronic trading, having previously held senior roles at ITG and Virtu, where he served as Head of Electronic Trading Sales & Strategy and was a member of the Executive Committee. Downes began his…
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Under a memorandum of understanding, the UK-based bank will collaborate with Alibaba Cloud as its strategic partner for AI technologies, aiming to boost operational efficiency and enhance customer experience. The agreement will see the two firms co-develop AI-powered tools for customer service, sales intelligence, risk management, and compliance automation, while also promoting talent development through…
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The Luxembourg-based securitisation firm, which specialises in diversified investment offerings across Forex, equities, and precious metals, said in a press release that it will integrate Tauro Markets’ platform and research capabilities into its operations. The move follows Tauro Markets’ recent accolade as the “Most Trusted Multi-Asset Trading Broker UAE 2024” by International Business Magazine. “This…
Read moreThe move is aimed at accelerating the firm’s global expansion and strengthening its client-focused strategy. The appointment, effective from July 1, follows a strategic growth investment from TA Associates earlier this year. Montane, who will be based in New York, will oversee global sales and marketing, with a focus on expanding smartTrade’s presence in key…
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