Category: Forex

StoneX
August 26, 2025 BY Sam Boughedda

StoneX Partners with Bank Mendes Gans to Boost Cross-Border Payments

The alliance will see BMG leverage StoneX Payments’ technology platform and settlement network, giving it access to over 375 correspondent banks and payment endpoints across 180 countries.  The partnership is designed to improve payment efficiency, reduce reliance on intermediary banks, and expand access to underserved markets. StoneX Payments will facilitate foreign exchange and payment processing…

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August 26, 2025 BY Sam Boughedda

Webull Brings Back Crypto Trading for US Investors

Until now, customers wanting to trade crypto were required to open and use a separate Webull Pay account via a standalone app.  With the latest update, Webull has integrated those functions, enabling investors to manage their Webull Pay accounts and trade crypto alongside stocks and options in one place. The platform now supports 24/7 trading…

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Standard Chartered bank HQ
August 26, 2025 BY Sam Boughedda

Standard Chartered and Ant International Unveil AI-Powered FX and Treasury Solution

The companies said in a press release that the collaboration expands their partnership from blockchain to AI-enabled global cash management, aiming to cut foreign exchange costs and improve risk management for Ant International and its clients.  Both companies are participants in the Monetary Authority of Singapore’s PathFin.ai programme, which seeks to advance AI adoption in…

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August 26, 2025 BY Sam Boughedda

Carlyle to Acquire intelliflo from Invesco in $200m Deal

The purchase price is comprised of $135 million at closing, which is expected in the fourth quarter of this year, subject to certain closing conditions, and up to an additional $65 million in potential future earn-outs. The transaction includes intelliflo’s U.S. subsidiaries, RedBlack and intelliflo Portfolio.  The company said intelliflo's US-based subsidiaries will be established…

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Nasdaq
August 22, 2025 BY Sam Boughedda

LeveL Markets and Nasdaq Canada Announce Trading Connectivity Partnership

Under the agreement, Luminex has integrated access to Nasdaq Canada’s CXD trading book, giving users an additional source of non-displayed liquidity.  The firm explained that the integration is designed to support efficient block trading, robust size discovery and potential price improvement opportunities, subject to regulatory approval. Luminex, owned and operated by U.S.-based LeveL Markets, has…

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State Street Corp offices
August 22, 2025 BY Sam Boughedda

State Street Joins J.P. Morgan’s Digital Debt Service as First Third-Party Custodian

The move was marked by a $100 million commercial paper transaction issued by Oversea-Chinese Banking Corporation (OCBC), with State Street Investment Management acting as the anchor investor and J.P. Morgan Securities as placement agent.  The deal showcased the platform’s ability to enable precision-timed settlement, including T+0 settlement, and automated lifecycle management through smart contracts. Integration…

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financial buildings
August 21, 2025 BY Sam Boughedda

EXANTE Names Sergei Solomatin as Director of IT Operations

Solomatin will report directly to Chief Technology Officer Richard Forss. With more than 20 years of experience in mission-critical IT infrastructure, Solomatin has overseen large-scale technology transformations at leading financial institutions, including FINAM, Home Credit and Finance Bank, and Svyaznoy Bank.  His track record spans improving reliability, boosting performance, and driving cost efficiency across private…

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