Category: Platforms

Euronext
October 02, 2024 BY Sam Boughedda

Euronext Expands Services with Acupay Acquisition

Founded in 2005, Acupay offers a suite of technology services that help cross-border investors avoid double taxation. Its proprietary solution connects brokers, banks, and securities issuers, enabling custodian banks to prepare tax certificates electronically and allowing investors to effectively manage the impact of foreign withholding tax. Euronext said the acquisition will further expand its services…

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October 01, 2024 BY Sam Boughedda

CME Group Set to Launch Yen- and U.S. Dollar-Denominated Micro Nikkei Futures

These new micro-sized contracts, valued at 50 yen and $0.50, respectively, "will allow traders to capture Japanese benchmark trading opportunities with greater precision and will add to CME Group's existing suite of standard and E-mini Nikkei contracts," said CME Group. They will complement CME Group's existing suite of standard and E-mini Nikkei contracts. "The addition…

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saxo bank revenues
September 30, 2024 BY Sam Boughedda

Saxo Shuts Hong Kong Office Amid Shifting Business Landscape

The decision comes amidst ongoing geopolitical tensions and a broader economic slowdown. This was a "necessary decision," Saxo Bank stated in a press release. The firm said it will prioritise a "smooth offboarding process" for its affected clients, with new account openings ceasing immediately and restrictions placed on existing accounts starting November 1st. The closure,…

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September 30, 2024 BY Sam Boughedda

XS.com Announces Partnership With Brokeree For Advanced Copy Trading Solutions

The integration of Brokeree's copy trading solution is a step forward in XS.com's ongoing effort to equip clients with cutting-edge tools. The feature allows traders to mirror the strategies of experienced and successful market participants in real-time. The development is, according to the broker, particularly valuable for new traders seeking to learn from seasoned professionals…

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September 26, 2024 BY Sam Boughedda

Rakuten Launches "Rakuten Analytics" Platform

Built upon the data assets of the Rakuten Ecosystem, the company said its Rakuten Analytics product offers valuable customer insights to support marketing strategies, product planning, and more. "Rakuten Analytics is a platform that enables businesses to strengthen their understanding of customer profiles by linking a company’s data with the statistical data assets held by…

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September 26, 2024 BY Sam Boughedda

eToro to Acquire Australian Investing App Spaceship

The deal, valued at up to AUD 80 million, is expected to strengthen eToro's presence in the Australian market and expand its long-term savings offerings globally. Spaceship, founded in 2017, has garnered a significant following with over 200,000 clients and manages more than AUD 1.5 billion in funds. The company offers a range of investment…

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IG Group office1
September 25, 2024 BY Sam Boughedda

IG Group Begins Second Tranche of Share Buyback Program

The investment brokerage is using UBS AG London Branch to purchase shares worth up to £75 million in this phase of the program, which is expected to be completed by January 31, 2025. It said the purchased shares will be held in treasury. This second tranche is part of a broader initiative by IG Group…

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September 24, 2024 BY Sam Boughedda

Worldline Partners With Anadolubank Nederland For Cloud-Based Instant Payments

The collaboration is said to enable Anadolubank to "seamlessly comply" with the new EU Instant Payments regulation, setting a precedent for other mid-size banks seeking to modernise their operations while adhering to regulatory standards. Worldline said in its press release that its cloud-based solution offers various services, including instant payment processing, customer sanction screening, and…

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September 24, 2024 BY Sam Boughedda

ATFX Relocates MT Trading Servers to Hong Kong and London

The move is aimed at optimising services for clients across China, Southeast Asia, Australia, the Middle East, North Africa, and Latin America, ensuring faster and more stable trading experiences, according to the company. By partnering with Equinix, a colocation and interconnection vendor, ATFX said it has leveraged the company's network infrastructure to enhance performance and…

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