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…
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The New York-based retail foreign exchange dealer, which is owned by proprietary trading firm FTMO, agreed to the settlement without admitting or denying the allegations, according to a decision published by the NFA’s Business Conduct Committee (BCC) on Wednesday. The BCC found that Oanda failed to properly increase its net capital in accordance with liabilities…
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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…
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The company revealed that Howson will step down to return to the United Kingdom to be closer to family. Following his departure, Cboe CEO Craig Donohue will assume the additional title of President. In addition, Executive Vice Presidents Cathy Clay and Chris Isaacson will expand their global leadership responsibilities as part of a broader strategic…
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Designed specifically for desktop use, Robinhood Legend allows users to personalise their trading setup, access real-time data, and trade US stocks commission-free. It also offers options trading on US stocks and indices for $0.50 per contract, without foreign exchange fees. “The goal is for Robinhood to be the number one platform for active investors globally,”…
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It will conclude a six-year tenure for Wellauer at the helm of the Swiss financial market infrastructure provider. He informed the Board of Directors that he will not stand for re-election, initiating a leadership transition process. Wellauer was appointed chairman in 2020 with a mandate to position SIX for long-term strategic and operational success. Under…
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The brokerage firm said it will offer eligible clients both micro-sized (2,500 XRP) and large-sized (50,000 XRP) contracts, providing traders with flexible, capital-efficient tools to gain exposure to XRP. “As demand for regulated crypto derivatives continues to grow, TradeStation Securities is committed to providing traders with direct access to high-demand crypto derivative products through the…
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The partnership aims to streamline the decision-making process for traders, eliminating the need to switch platforms or search for research. Through the collaboration, the firm said Devexa now connects with Bridget, BridgeWise’s AI investment research engine, allowing traders to receive real-time equity recommendations, macroeconomic analysis, and fundamental data within the same interface they use to…
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Now a cTrader White Label reseller, Voyage Markets aims to provide a full-service infrastructure for firms seeking to launch and grow with institutional-grade tools, regulatory alignment, and advanced risk control. The collaboration combines Spotware’s trading technology with Voyage Markets’ risk management services. cTrader says it sets a “new standard for proprietary trading firms seeking to…
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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.…
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