The expansion includes the launch of OKX’s centralised exchange and OKX Wallet, with regional headquarters established in San Jose, California. As part of the expansion, the firm said existing OKCoin users will be migrated to the OKX platform, gaining access to “deeper liquidity, lower fees, and advanced trading tools.” “I’m thrilled to announce the launch…
Read moreThe move expands its suite of equity derivatives products aimed at both retail and institutional investors. The new options, which began trading on 14 April, are said to be based on the S&P 500 Equal Weight Index, where each constituent is weighted equally at 0.2% following quarterly rebalancing. Cboe explained that, unlike the traditional capitalisation-weighted…
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The solution is said to be designed to simplify global commerce for small and medium-sized enterprises (SMEs). The firm said in a press release that the new offering aims to streamline cross-border transactions and reduce operational costs, providing enhanced global reach, security, and cost efficiency. They added that the World Card allows users to pay…
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Announced on Wednesday, the collaboration is said to let Webull users in APAC invest in fractionalised US Treasuries and a broader selection of fixed income assets via GTN’s integrated single API framework. The firm explains that the technology enables access to market data, trading, and account management — all through Webull’s mobile trading platform. “…
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In a press release on Sunday, CME noted that the post-trade solutions provider, formed in 2021, has grown into a critical infrastructure player in the global over-the-counter (OTC) derivatives market. The enterprise value of the transaction will be split equally between S&P Global and CME Group, which each hold a 50% stake in OSTTRA. The…
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Speaking about the award, Miguel Marcos, Exness Regional Commercial Director, expressed, “Winning the Best Broker in LATAM award at iFX EXPO LATAM is a tremendous honor and a testament to the value we place on our affiliate partnerships. We are proud to be recognized for our strategic expansion in LATAM and look forward to deepening…
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The funding is expected to support Plum’s expansion plans and ongoing efforts to scale its business, particularly as it grows its user base across the UK and Europe. The London-based fintech, which uses AI to help users manage savings and investments, now serves over two million customers and has helped set aside more than £5…
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The move is expected to significantly expand StoneX’s global derivatives presence. Announced on Monday, the acquisition will be paid through a mix of $625 million in cash and 3.5 million shares of StoneX common stock. StoneX will also assume up to $143 million of RJO’s debt. The transaction is expected to close in the second…
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The partnership is expected to enable real-time fund transfers for millions of users in the region. The company explained that the collaboration will let bank and mobile wallet users link their accounts with PayPal and transfer funds seamlessly and securely. Citing Mordor Intelligence, the company said digital payment volumes in the MENA region are expected…
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The firm explained that based in Hong Kong, Ms Liao will oversee the delivery of data-driven insights tailored to APAC clients, aiming to deepen engagement and education around Cboe’s derivatives offerings. The expansion is said to reflect rising demand for derivatives trading, analytics and client support across institutional and retail investors in the region. “With…
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