Category: Forex

Hong Kong
April 18, 2025 BY Sam Boughedda

Hidden Road Secures FINRA Broker-Dealer Licence to Expand Fixed Income Offering

The move comes not long after it was announced that Hidden Road was acquired by Ripple for $1.25 billion. The licence enables Hidden Road to offer a wider range of regulatory-compliant services—including clearing, financing and execution—to institutional clients in the fixed income market.  The firm’s platform already includes Fixed Income Repo and Global Funding services.…

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April 17, 2025 BY Sam Boughedda

Man Group Reports $172.6 Billion in AUM at the End of Q3

The increase was driven by $3.6 billion in net flows and $1.5 billion from other factors, partially offset by $1.1 billion in negative investment performance.  The group’s long-only strategies saw the most notable growth, with discretionary long-only assets rising by $4.4 billion to $33.2 billion, led by strength in credit and convertibles. Man Group estimated…

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BNP Paribas and market maker GTS extend collaboration to US Equities
April 17, 2025 BY Sam Boughedda

Impax Asset Management Subsidiary Enters Into Advisory Agreement with BNP Paribas Asset Management Europe

Under the terms of the agreement, IAMI will provide investment advisory services to BNPP AM Europe in relation to an investment fund.  The firm explained that the deal forms part of an ongoing distribution arrangement between Impax and BNP Paribas Asset Management across several international markets. As part of the agreement, BNPP AM Europe will…

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April 16, 2025 BY Sam Boughedda

GTN and Webull Partner On Fixed Income for APAC Investors

Announced on Wednesday, the collaboration is said to let Webull users in APAC invest in fractionalised US Treasuries and a broader selection of fixed income assets via GTN’s integrated single API framework.  The firm explains that the technology enables access to market data, trading, and account management — all through Webull’s mobile trading platform. “…

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CME Group
April 15, 2025 BY Sam Boughedda

S&P Global, CME Group to Sell OSTTRA to KKR for $3.1 Billion

In a press release on Sunday, CME noted that the post-trade solutions provider, formed in 2021, has grown into a critical infrastructure player in the global over-the-counter (OTC) derivatives market. The enterprise value of the transaction will be split equally between S&P Global and CME Group, which each hold a 50% stake in OSTTRA.  The…

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StoneX
April 15, 2025 BY Sam Boughedda

StoneX to Acquire R.J. O’Brien for $900m

The move is expected to significantly expand StoneX’s global derivatives presence. Announced on Monday, the acquisition will be paid through a mix of $625 million in cash and 3.5 million shares of StoneX common stock.  StoneX will also assume up to $143 million of RJO’s debt. The transaction is expected to close in the second…

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Cboe Global Markets
April 14, 2025 BY Sam Boughedda

Cboe Hires Wei Liao to Lead Launch of Market Intelligence and Content Franchise in APAC

The firm explained that based in Hong Kong, Ms Liao will oversee the delivery of data-driven insights tailored to APAC clients, aiming to deepen engagement and education around Cboe’s derivatives offerings.  The expansion is said to reflect rising demand for derivatives trading, analytics and client support across institutional and retail investors in the region. “With…

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April 14, 2025 BY Sam Boughedda

HSBC Exploring Move into Private Credit Market – Reuters

The bank has reportedly held early-stage discussions with several private credit firms to explore potential partnerships.  Rather than launching a full-scale private credit operation, the report states that HSBC is considering a more measured approach, with some executives said to be expressing caution about the potential cost versus revenue benefits. One source told Reuters that…

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Freetrade
April 02, 2025 BY Sam Boughedda

IG Group Completes Freetrade Acquisition

The deal, first announced in January, was finalised on 1 April 2025. Freetrade will continue to operate as a standalone brand, with co-founder and CEO Viktor Nebehaj and his leadership team remaining in place. Nebehaj said the acquisition would allow Freetrade to “fast-track the rollout of new products and features” while accelerating growth.  Meanwhile, IG’s…

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