Cboe Global Markets
April 14, 2025 BY Sam Boughedda

Cboe Hires Wei Liao to Lead Launch of Market Intelligence and Content Franchise in APAC

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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April 14, 2025 BY Sam Boughedda

HSBC Exploring Move into Private Credit Market – Reuters

The bank has reportedly held early-stage discussions with several private credit firms to explore potential partnerships.  Rather than launching a full-scale private credit operation, the report states that HSBC is considering a more measured approach, with some executives said to be expressing caution about the potential cost versus revenue benefits. One source told Reuters that…

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FINRA building
April 14, 2025 BY Sam Boughedda

MD Global Partners Fined $40,000 by FINRA for Regulatory Failures

The fine and censure are said to be for multiple compliance violations, including failures to implement policies required under Regulation Best Interest (Reg BI). According to a Letter of Acceptance, Waiver, and Consent published by FINRA last week, the firm failed to establish, maintain, and enforce written procedures reasonably designed to comply with Reg BI…

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Broadridge
April 14, 2025 BY Sam Boughedda

Broadridge and Fnality to Collaborate On Real-Time Settlement for Intraday Repo Transactions

The collaboration integrates Broadridge’s Distributed Ledger Repo (DLR) platform with Fnality’s Payment System (FnPS), enabling delivery versus payment (DvP) using digital representations of funds held at central banks.  Broadridge said in a press release that the initiative is expected to improve efficiency, optimise liquidity management, and reduce operational risk in repo markets. “This leap forward…

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April 04, 2025 BY Sam Boughedda

Clearstream Releases Enhanced Version of its Asset Liability Analyser

The dashboard is designed to enable market participants to take control of their financial resources. The upgraded version is said to enhance transparency and efficiency. Furthermore, the company highlighted that the enhanced dashboard introduces a detailed breakdown of failed settlement instructions, helping users gain a clearer view of credit line utilisation and collateralisation.  It also…

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smarttrade
April 04, 2025 BY Sam Boughedda

smartTrade Announces Strategic Investment from TA Associates

The company added that its CEO and Co-Founder, David Vincent, along with the firm’s broader management team, will invest alongside TA, reinforcing their long-term commitment to the company. The France-based fintech firm, which operates in major financial hubs including London, New York, and Tokyo, provides SaaS solutions to support electronic trading and payments.  TA’s investment…

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April 04, 2025 BY Sam Boughedda

Mastercard Partners With Unipaas to Increase Card Acceptance for SMEs

The firm explained that the collaboration aims to digitise payments for SMEs using vertical SaaS platforms, replacing manual transactions with secure, streamlined solutions. By integrating Unipaas’ compliant payment infrastructure with Mastercard’s global network and fraud protection capabilities, the partnership is expected to enable SaaS platforms to offer SMEs improved payment processing.  The shift is seen…

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Euronext
April 04, 2025 BY Sam Boughedda

Euronext: MTS Launches Dealer-to-Client Ticket Protocol

The move is designed to streamline fixed-income trading workflows. The firm explained that BondVision is a multi-dealer-to-client trading platform for rates, credit, and repo.  The DCT protocol, which was developed within the BondVision Partnership, is said to enhance trade processing by automating workflows between dealers and clients, reducing manual entry, and improving Straight-Through Processing (STP). …

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Hong Kong
April 03, 2025 BY Sam Boughedda

ION Treasury Launches Enterprise Payment Hub to Centralise Payment Processing

The company explained in its press release that the Enterprise Payment Hub consolidates payment workflows into a single platform, ensuring security, encryption, and real-time monitoring.  It is also said to improve connectivity between payment systems and banks through various channels, enhancing transparency and efficiency. "Visibility and controls around payment management are increasing in criticality," said…

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FINRA building
April 03, 2025 BY Sam Boughedda

Revere Securities Fined $125,000 by FINRA

According to FINRA, between April 2013 and February 2023, Revere mismarked approximately 19,000 order tickets related to syndicate offerings, including initial public offerings (IPOs), bonds, and real estate investment trusts (REITs).  The firm reportedly classified these transactions as unsolicited, despite its registered representatives having solicited most of the trades. The misclassification led to inaccurate books…

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