According to FINRA’s disciplinary notice, posted on Thursday, Tigress onboarded hundreds of high-risk foreign customers between 2018 and 2022, but failed to implement adequate AML procedures to monitor and report suspicious transactions. Furthermore, the regulator says the firm did not tailor its compliance programme to its evolving customer base, which accounted for a majority of…
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The deal marks the largest-ever merger between traditional finance and crypto. Kraken added that the move also strengthens its position as a 24/7 multi-asset trading platform. Founded in 2003, NinjaTrader serves nearly two million traders and operates as a CFTC-registered Futures Commission Merchant (FCM). The acquisition provides Kraken with a direct pathway into the U.S.…
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The deal is expected to strengthen Fiserv’s position in the European payments market, enabling it to accelerate the deployment of its Clover platform while enhancing its merchant and partner network across the Netherlands, Belgium, and Germany. Financial terms of the acquisition were not disclosed. Founded in 1958 in Arnhem, CCV has a long history of…
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The financial solutions provider saw 20% organic revenue growth, excluding contributions from Cobase, which was acquired in late 2023. Revenue from the Private Markets (formerly labelled institutional) division increased 20% to £69 million, while the Corporate division grew 21% to £63.8 million. Cobase contributed £2.9 million, up from just £0.2 million in the prior year.…
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The collaboration will integrate Acuity’s AI-powered financial analytics with interop.io’s FDC3 framework. It is expected to create a “seamlessly interconnected financial ecosystem.” It is expected to provide real-time market insights within existing workflows, eliminating the inefficiencies of fragmented data sources. “Institutions demand seamless data integration to support workflows and maintain a competitive edge,” Acuity Trading…
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The companies said that under the extended agreement, Nasdaq’s central securities depository (CSD) platform will be adopted by all three exchanges. The move is aimed at streamlining operations, reducing costs, and increasing liquidity across the region. It builds on Nasdaq’s existing collaboration with nuam, which is already integrating its trading infrastructure with Nasdaq’s technology. “Having…
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At launch, the online brokerage said that traders would be able to speculate on the Federal Reserve’s interest rate decision for May and the men’s and women’s College Basketball Tournaments. “We believe in the power of prediction markets and think they play an important role at the intersection of news, economics, politics, sports, and culture,”…
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The latest update includes a personal rate of return metric, revealing that individual investors saw an average return of 13.5% in 2024, compared to 25% for the S&P 500 and 1.3% for the Bloomberg Aggregate Bond Index. The Investor Pulse tool, which tracks taxable and IRA accounts for nearly 50 million U.S. investors, allows users…
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The firm will acquire 100% of the company from Visma. The €398 million cash deal aligns with Euronext’s "Innovate for Growth 2027" strategy, which aims to expand its SaaS business and increase subscription-based revenues. The acquisition is expected to be completed by the second quarter of 2025, subject to regulatory approval. Admincontrol, headquartered in Oslo,…
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The company said the move is aimed at strengthening its investment banking and capital markets capabilities. The acquisition is expected to improve StoneX’s equity research, sales, trading, and investment banking services, expanding its presence in global capital markets. Benchmark is a full-service investment banking firm headquartered in New York and has been operating for over…
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