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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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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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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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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The new feature is said to offer users access to detailed market data, enabling more accurate decision-making and efficient risk management. The company said in its press release that by subscribing to Nasdaq data, users can benefit from receiving real-time tick data, "providing information on every price change and enabling deeper market analysis." Additionally, users…
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The company explained in a blog post that the partnership will be especially beneficial for its Turkish users. PhillipCapital is a global stock broker and member of the PhillipCapital Group. It is headquartered in Singapore and has been operating since 1975. The company offers its services to over 1.8 million active customers across 15 countries.…
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Tradu said in a press release that the collaboration with the charting platform will provide Tradu's clients with access to TradingView's advanced charting and trading tools. The partnership will see Tradu clients have access to TradingView's vast charting library, which includes 110+ advanced drawing tools, 100+ technical indicators, and 10+ different chart types. They will…
Read more"This achievement underscores Naqdi's unwavering commitment to regulatory compliance, transparency, and offering innovative solutions tailored to the needs of the modern trader," the company said in its press release. The SCA license, one of the most stringent in the UAE, ensures that licensed entities adhere to the required standards of financial practice and governance. By…
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As part of the collaboration, Leonteq explained that Saxo will adopt a white-labelling issuance model developed by Leonteq, becoming a sponsor responsible for distributing Saxo-guaranteed structured products to its extensive client base via its platforms for investors and traders. Leonteq, in turn, has secured an international distribution mandate from Saxo, granting it access to Saxo's…
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Aspects under investigation are how Meta’s algorithms possibly promote “behavioural addictions” and create “so-called rabbit-hole effects”. A study available on ResearchGate depicted the rabbit-hole effect as the “use of algorithms” that amplify personalised content to keep users engaged. The European Commission also expressed concerns about Meta’s age verification processes. Don’t miss out the latest news,…
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