Market commentary and analysis from Clifford Bennett
January 06, 2025 BY Sam Boughedda

ACY Securities Expands Copy Trading to MT5 via Tradingcup

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’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
January 06, 2025 BY Sam Boughedda

Pemberton Capital Advisors Adopts Broadridge Tech For Portfolio Management

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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January 03, 2025 BY Sam Boughedda

XTB Says Jan Byrski Has Resigned as Chairman of Supervisory Board

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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January 03, 2025 BY Sam Boughedda

S&P Dow Jones Indices Updates S&P Composite 1500 Market Cap Guidelines

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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FINRA building
January 03, 2025 BY Sam Boughedda

BofA Fined £250,000 by FINRA

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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atfx recap
January 02, 2025 BY Leaprate Staff

ATFX 2024 Recap: A Year of Expansion, Innovation, and Global Leadership

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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financial buildings
January 02, 2025 BY Sam Boughedda

Tern Makes Investment in Sure Ventures

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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January 02, 2025 BY Sam Boughedda

Alpha Group International Confirms Clive Kahn Takes Over CEO

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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Trading on a mobile
January 02, 2025 BY Sam Boughedda

GSTechnologies Completes Acquisition of CAKE and the Bake Cryptocurrency Platform

The fintech-focused firm said the deal accelerates its digital asset strategy and “positions the company for future growth in the rapidly evolving digital asset ecosystem.” Funded entirely through internal resources, the deal integrates Bake.io’s web application and mobile app into GST’s operations.  Bake, a retail-focused cryptocurrency investment platform, provides features such as staking, swaps, and…

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