The exchange said that effective 6 January (Monday), US investors can now trade EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options. The move is expected to expand US investors' ability to manage exposure to European equity markets. Robbert Booij, CEO of Eurex Frankfurt AG, commented, “Removing access barriers and making…
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The multi-year collaboration was announced Monday, with Aston Martin Aramco saying it aligns the values of both organisations "to continually improve, break boundaries, and perform at the highest level in their respective arenas." The collaboration will see Pepperstone's branding displayed on the AMR25 car, set to debut in the 2025 F1 season. With the growing…
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Beginning January 3, 2025, the company said the enhancement aims to provide broader trading opportunities for traders. The Tradingcup platform, launched in early 2024, has quickly gained traction, with 3,321 total signals, $53.2 million in invested funds, and $176,100 in performance fees paid out. There has also been $13,200 in total subscription fees. With the…
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Broadridge announced the move byPemberton on Monday, saying the technology will help the company enhance operational efficiency and support the expansion of its private debt and collateralized loan obligation (CLO) businesses. Furthermore, Pemberton's move to scale its operations is in response to growing market demand. "Broadridge's private credit portfolio management solution infrastructure was selected to…
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According to the company, Byrski's departure will take effect on 15 January 2025 and is due to personal reasons. XTB released a brief statement confirming the news but did not provide further details about the resignation or plans to appoint a successor. Byrski has held the Chairman role since December 2021, during which time he…
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The changes, effective immediately, reflect adjustments to ensure alignment with current market conditions and apply to the S&P 500, S&P MidCap 400, and S&P SmallCap 600. The new guidelines raise the minimum unadjusted market capitalisation thresholds. For the S&P 500, companies must now have a market cap of at least $20.5 billion, up from $18…
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The fine stems from lapses identified between February 2018 and June 2023. BofA Securities reportedly failed to meet the requirements of the Trade Reporting and Compliance Engine (TRACE) on several counts. According to FINRA, the firm failed to report approximately 5,200 transactions in TRACE-eligible securities in a timely manner. This included late reporting of agency…
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Expanding Global Presence and Regional Engagement In 2024, ATFX expanded its reach by opening new offices in Mexico and Sydney, Australia, and securing its Hong Kong SFC license. These moves bolster the company’s presence in LATAM and Asia, enabling better service for institutional clients and growing its market share. ATFX also made a strong impact…
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The investment firm said the transaction represents approximately 2.7% of Sure Ventures' equity following the completion of a £275,000 fundraising by the venture capital fund. Sure Ventures focuses on early-stage software companies in Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), and IoT sectors. Listed on the London Stock Exchange's Specialist Fund Segment, it…
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Kahn's appointment follows the earlier announcement of a CEO succession plan in September 2024, where Morgan Tillbrook, Alpha's founding CEO, decided to step down after 15 years of leadership. Tillbrook formally resigned on 31 December 2024, though he will continue to provide strategic advice and retain a 10% shareholding for at least three years. Kahn…
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