Crypto.com Acquires Australian Regulated Broker Fintek LeapRate

November 14, 2024 BY Sam Boughedda

Crypto.com Acquires Australian Regulated Broker Fintek

The acquisition grants Crypto.com an Australian Financial Services Licence (AFSL), allowing it to offer a wider range of financial products to eligible users within the country. Fintek's AFSL, regulated by the Australian Securities and Investments Commission (ASIC), opens doors for Crypto.com to expand its offerings beyond cryptocurrencies. The company said it can now provide access…

November 11, 2024 BY Sam Boughedda

ATFX Opens New Office in Mexico

ATFX said in a press release that the new office underscores the company's commitment to the region's thriving financial markets and its ambition to cater to the growing number of traders in the country. The new office in Mexico City will serve as a hub for ATFX's operations in the region, complementing its existing presence…

November 08, 2024 BY Sam Boughedda

ATFX Connect Partners with Your Bourse to Enhance Broker Liquidity Options

This collaboration aims to elevate liquidity options for brokers. By integrating Your Bourse's advanced technology with ATFX's extensive liquidity solutions, the companies believe their partnership offers several benefits to brokers. The integration of Your Bourse's ultra-fast trade execution capabilities with ATFX's Prime of Prime services is expected to create a “powerful infrastructure” for efficient trading.…

November 05, 2024 BY Sam Boughedda

INFINOX Appoints Daniel Skowronski as Group Executive Director

With a prominent career stretching over three decades in finance and technology, the company said in its press release that Skowronski will play a pivotal role in driving strategic initiatives across the INFINOX group. Skowronski brings a wealth of experience to INFINOX, which was founded in 2009. He previously held senior leadership positions at renowned…

November 01, 2024 BY Sam Boughedda

Hargreaves Lansdown Acquisition Approved by Turkish Competition Board

The approval is a step forward in the acquisition process. On August 9, 2024, Hargreaves Lansdown and the board of directors of Bidco announced that they had reached an agreement for HL to be acquired for around £5.4 billion. The deal was the second largest by value for a London-listed company this year and marked…

November 01, 2024 BY Sam Boughedda

CMC Markets to Enter Long-Term Strategic Partnership with ASB Bank

Under the terms of the agreement, CMC said it will provide ASB Bank with its market-leading technology and execution platform, enabling ASB to offer its customers an online trading platform, complete with access to over 15 international markets, extensive market research, and tax reporting tools. The integration of CMC's technology is expected to take between…

October 31, 2024 BY Sam Boughedda

FOREX.com Partners With Event-Based Trading Firm Kalshi

The company explained in a press release that the collaboration allows FOREX.com clients to participate in the US Presidential Election by trading contracts on Kalshi's platform alongside their regular forex trading activities. The partnership opens up new avenues for traders, offering them the opportunity to leverage their political predictions while managing their forex portfolios. FOREX.com…

October 30, 2024 BY Sam Boughedda

Exness Leverages Centroid Bridge to Expand Liquidity Offering

By integrating Centroid Bridge into its operations, Exness said it aims to expand its reach to a wider audience of brokers while ensuring the highest standards of execution speed, stability, and reliability. Centroid Bridge, a multi-asset bridging system, is expected to enable Exness to efficiently distribute its "competitive and unique liquidity" to brokers globally. The…

October 29, 2024 BY Sam Boughedda

Robinhood Launches Election Event Contracts

The inaugural event contract will focus on the 2024 U.S. presidential election between Kamala Harris and Donald Trump. Event contracts allow traders to bet on a specific outcome. In the case of the 2024 election, users can purchase a contract for either Harris or Trump. If the chosen candidate wins, the contract will be worth…

October 29, 2024 BY Sam Boughedda

Hargreaves Lansdown AUA Rises Ahead of Acquisition

This was driven by positive market movements of £1.5 billion and net new business of £0.5 billion. The company, which agreed in August to be acquired by a private equity consortium for £5.4 billion, experienced net client growth of 18,000 in the quarter, primarily due to net new clients in SIPP, ISA, and Active Savings accounts.…

Category: Brokers