September 13, 2024 BY Sam Boughedda

Digital Nomads Neobank bunq to Nearly Double Headcount in 2024

Bunq is a Dutch fintech and neobank licensed in the Netherlands. It operates in 30 European countries and is aiming to become the world's first global neobank for digital nomads. The company explained in a press release that its ambitious growth strategy is driven by the increasing number of individuals embracing location-independent lifestyles. As part…

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eToro's crypto trading platform & wallet now available in 32 US states
September 13, 2024 BY Sam Boughedda

eToro USA to Cease Trading in Nearly All Crypto Assets

The SEC alleged that eToro operated as an unregistered broker and clearing agency by facilitating the buying and selling of certain crypto assets that were deemed securities. In response, eToro has agreed to pay a $1.5 million penalty, while it has also agreed to "cease and desist from violating the applicable federal securities laws and…

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September 12, 2024 BY Sam Boughedda

Tradu and TradingView Announce Strategic Partnership

Tradu said in a press release that the collaboration with the charting platform will provide Tradu's clients with access to TradingView's advanced charting and trading tools. The partnership will see Tradu clients have access to TradingView's vast charting library, which includes 110+ advanced drawing tools, 100+ technical indicators, and 10+ different chart types. They will…

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Cboe Global Markets
September 12, 2024 BY Sam Boughedda

Cboe Set to Launch New S&P 500 Variance Futures

The derivatives exchange said the new futures contracts, designed to hedge against and capitalise on US equity market volatility moves, aim to give investors a streamlined way to trade the spread between implied and realised volatility. They believe the futures will appeal to a wide range of market participants, such as volatility traders, hedge funds,…

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IG Group office1
September 12, 2024 BY Sam Boughedda

IG Group Revenue Rises 15% in Q1

The company revealed its revenue for the three months ended August 31 reached £278.9 million during the period, driven by higher revenue per client and elevated volatility across various asset classes. While the number of active clients declined slightly to 263,200, IG Group's revenue growth was supported by a strong performance in its OTC derivatives…

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September 11, 2024 BY Sam Boughedda

ASX Chair Damian Roche to Retire

Roche, who has been serving as Chair for several years, has been guiding the ASX through a period of significant transformation. However, he had come under heavy pressure in recent years, particularly regarding the replacement of its Chess clearing infrastructure. The process has resulted in the Australian Securities and Investment Commission suing the market operator.…

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September 11, 2024 BY Sam Boughedda

Naqdi Secures UAE SCA License, Looks to Expand Offerings

"This achievement underscores Naqdi's unwavering commitment to regulatory compliance, transparency, and offering innovative solutions tailored to the needs of the modern trader," the company said in its press release. The SCA license, one of the most stringent in the UAE, ensures that licensed entities adhere to the required standards of financial practice and governance. By…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 10, 2024 BY Sam Boughedda

Wise Platform Joins ABX Platform as Newest Payment Partner

Wise Platform, Wise's global payments infrastructure for banks and global enterprises, provides banks, financial institutions, and global enterprises with the capabilities, technology, and network to enable fast, secure, and cost-effective international payments for their customers. By joining the ABX Platform, it is said that Wise Platform will give AbbeyCross users access to faster, transparent, and…

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Torstone Technology expands its London headquarters
September 10, 2024 BY Sam Boughedda

AJ Bell Chief Operating Officer Roger Stott to Step Down

Roger joined AJ Bell in July 2008, and during his time at the company, he held various roles, including Group Finance Director and Chief Risk Officer. In August 2021, Stott was appointed to the company's board in the newly created role of COO, which saw him take responsibility for the operational aspects of the business.…

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