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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The transaction is expected to be completed in early 2026, subject to customary regulatory approvals from the Financial Conduct Authority (FCA) and the U.S. Financial Industry Regulatory Authority (FINRA). Close Brothers CEO Mike Morgan said, “This transaction marks another important step in simplifying the group to focus on our core specialist lending business.” The sale…
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The brokerage stated in its release that adjusted profit before tax climbed 17% to £535.8 million, while statutory profit before tax increased 25% to £499.2 million. The company said it has returned £397.5 million to shareholders through dividends and buybacks in FY25, and proposed a new £125 million share buyback in the first half of…
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The collaboration is expected to serve as a regional hub for the Middle East, offering support and educational services to local traders. Located on Al Ghubrah Street, the new office is said to mark a key step in Tickmill’s ambition to deepen its presence in the Arab world. “This expansion of our services into Oman…
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