Category: Financial Services

Eurex enhances European ETF ecosystem with new product
December 18, 2024 BY Sam Boughedda

iM Global Partner Announces Launch of iMGP Euro Select Fund

The firm said it will be managed by Zadig Asset Management, a specialist in European equities.  The fund, targeting Eurozone companies, aims to provide an investment solution that is seen as a “one-stop shop” for Zadig’s best ideas. The fund will be co-managed by portfolio managers Francesco Rustici and Régis Bégué.  Rustici, a co-manager of…

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Broadridge Financial Solutions
December 18, 2024 BY Sam Boughedda

Broadridge Expands ClearFi Platform Through Collaboration with CCRI

The collaboration aims to support financial firms in complying with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulations, set to take effect on 30 December 2024. The platform is expected to deliver integrated communications, data, and disclosure generation. The integration of CCRI’s sustainability metrics into Broadridge’s ClearFi platform is seen as a way of…

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HKEX
December 18, 2024 BY Sam Boughedda

HKEX Launches Data Marketplace

The platform is said to feature a modern and intuitive user experience, featuring multiple data delivery options such as cloud transfer for enhanced convenience. HKEX said that in its initial phase, the Data Marketplace will provide shareholding data from the Central Clearing and Settlement System (CCASS) for commercial use. In addition, it will offer historical…

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HKEX
December 17, 2024 BY Sam Boughedda

HKEX's OTC Clear to Accept China Government Bonds and Policy Bank Bonds as Collateral for Swap Connect

The firm said the enhancement will let offshore investors use these bonds, which are held through Bond Connect, to meet initial margin requirements for Northbound Swap Connect. It is expected to improve capital efficiency and provide more flexibility to international investors. Furthermore, HKEX said that it will also enhance the liquidity of bond holdings in…

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December 16, 2024 BY Sam Boughedda

Nuvei Expands Global Partnership with Google

The leading Canadian fintech company said the expansion will bring Google Pay to merchants across Latin America (LATAM).  The deal builds upon the existing collaboration between the two companies in the United States, Europe, Asia Pacific, and Australia. Nuvei said the integration of Google Pay into its cashier solution adds a more streamlined checkout experience…

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Nomura
December 16, 2024 BY Sam Boughedda

Nomura Releases Statement Following Action by OSE and TSE

It was revealed that the OSE has imposed a 60 million yen fine on Nomura for Japanese government bond futures transactions conducted in March 2021.  Additionally, the exchange has suspended Nomura's proprietary trading of government bond futures and options from December 25 to 27, 2024. Meanwhile, the Tokyo Stock Exchange has issued a reprimand to…

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December 15, 2024 BY Sam Boughedda

ASIC Sues HSBC Australia for Failure to Protect Customers From Scams

ASIC argues the bank did not have adequate controls in place to prevent or detect unauthorised payments and failed to investigate scam reports within the specified timeframes required. HSBC customers are said to have lost approximately $23 million due to unauthorised transactions between January 2020 and August 2024, with $16 million occurring in just six…

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State Street Corp offices
December 13, 2024 BY Sam Boughedda

State Street Global Advisors Announces Saudi Bond ETF in Europe

The ETF provides European investors with access to Saudi Arabia’s burgeoning bond market. Listed on the Xetra and London Stock Exchange, the fund aims to track the newly developed J.P. Morgan Saudi Arabia Aggregate Index.  The index, created in collaboration with State Street Global Advisors, captures the performance of liquid USD- and SAR-denominated government and…

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HKEX
December 13, 2024 BY Sam Boughedda

Hong Kong Exchanges and Clearing Launches Fund Repository on IFP

Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of a Fund Repository on its Integrated Fund Platform (IFP), it revealed Friday, aiming to enhance transparency for over 2,000 Securities and Futures Commission (SFC)-authorised funds. Launched on 13 December 2024, the Fund Repository is said to provide streamlined access to essential fund information, supporting…

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