The move is expected to provide Robinhood customers with expanded trading opportunities and access to a wider range of investment products. Cboe's index options, including the S&P 500 Index (SPX), Cboe Volatility Index (VIX), Russell 2000 Index (RUT), and Mini SPX (XSP), offer investors the ability to gain exposure to the US market, hedge against…
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In a year-end trading update, the company reported record assets under administration (AUA) of £86.5 billion, up 22% from the previous year. Customer numbers also continued to grow, with an increase of 66,000 to close at 542,000. This represents a 14% growth in the year, which the investment platform said was driven by both advised…
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The new office aims to capitalise on the region’s growing financial services industry, providing investors in the UAE and GCC with access to Interactive Brokers’ global trading expertise. The company’s trading technology, competitive pricing, and diverse range of investment products are expected to appeal to active traders, high-net-worth individuals, and institutional investors in the region.…
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The company explained in a press release that the strategic partnership aims to enhance the accuracy and speed of the proxy voting process, empowering Danske Bank's clients to make more informed investment decisions. Danske Bank states: "The Broadridge solution streamlines the proxy voting process and ensures greater accuracy and speed, enabling Danske Bank's clients to…
Read moreHurley, who replaces longtime CEO Michael Babushkin, brings over two decades of experience in innovation, business process optimisation, and product development to the role. Hurley has been with Devexperts since 2022 serving as Country Manager in Ireland. He has played a crucial role in reshaping the company's operations and driving its restructuring project. The company…
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The enhancements aim to improve data visibility and accuracy, providing traders with deeper insights for more informed decision-making. One of the key updates introduces flexibility in choosing between the settlement price and the last price as the closing value on charts. TradingView explains that the settlement price, calculated at the end of the trading day,…
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The regulator explained in a release that fraudsters are impersonating individuals and stealing their shares, often leaving victims unaware until they receive unexpected notifications from share registries or the Clearing House Electronic Subregister System (CHESS). According to ASIC, there has been a significant increase in reports of stolen shares since August 2024. The regulator said…
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The company said the international post-trade processing services and solutions aim to help firms comply with the Digital Operational Resilience Act (DORA) and other global regulations mandating heightened operational resilience. They are also said to be in response to the "increased sophistication and prevalence of cyber threats, and board mandates on operational resilience." Danny Green,…
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The regulator informed the bank that it needs to ensure it can be wound down or sold without risking financial stability or taxpayer funds. As UBS integrates Credit Suisse, FINMA said it has suspended the annual approval of UBS's recovery and emergency plans. The regulator believes that additional measures are necessary to strengthen crisis preparedness…
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The company said in its announcement on Friday that the move comes as global stock markets continue to rebound, driven by fresh capital inflows, increased IPO activity, and market corrections. EBC's liquidity enhancements are designed to provide investors with optimised, efficient trading across all global sessions, allowing them to capitalise on opportunities in the current…
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