The index is designed to track the performance of Artificial Intelligence companies and the Real World Assets (RWAs) driving generative AI. The index comes at a time when the global AI market is experiencing rapid growth, projected to reach $1.3 trillion by 2032. With 92% of Fortune 500 companies integrating generative AI into their operations,…
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The investment in Spark Systems creates opportunities to leverage ATFX Connect liquidity within the platform, this builds on ATFX group's commitment to enhance its trading infrastructure which is evidenced by previous milestones. These initiatives have positioned ATFX as a leading player in the industry, providing clients with cutting-edge trading solutions and improved market access. “Investing in Spark Systems aligns with our strategic vision…
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Instantia, which offers users a client-centric way to manage currency exchange, FX strategies, and cross-border payments, was said to be drawn to ION FX's comprehensive end-to-end processing functionality for FX cash and derivative products. ION added that Instantia also appreciated the ability to customise the user interface through ION APIs, which they believe improves the…
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The company said in its press release that it believes the expansion further solidifies its position as a key player in the European derivatives market. Euronext revealed it has introduced 21 new German Single Stock Options, completing its coverage of all DAX 40 Index constituents, along with six Irish and four Portuguese Single Stock Options.…
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The contracts debuted on Thursday evening through the ForecastEx exchange, allowing investors to hedge against political volatility or capitalise on their political insights. Forecast Contracts enable investors to take positions on major U.S. political events, such as the 2024 Presidential Election and key Senate races. Examples include contracts on whether Kamala Harris or Donald Trump…
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The company explained in a press release that the partnership aims to equip investors with powerful research capabilities through the integration of Acuity's Research Terminal into Interactive Brokers' platform. The Acuity Research Terminal is said to offer investors a centralised platform for in-depth analysis across multiple asset classes, including equities, currencies, commodities, indices, and cryptocurrencies.…
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Finalto, an aggregator of Tier 1 bank liquidity providers and established non-bank market makers, offers a bespoke liquidity pool tailored to connect demand with market supply as quickly as possible. By integrating with DXtrade, brokers will have access to Finalto's liquidity services, including predictive and scenario analysis tools, real-time insights, and improved order execution. The…
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BOCHK is the first customer of Worldline's innovative solution in Hong Kong. The partnership is a step towards adopting open platform solutions in the payments industry, with BOCHK setting a precedent for other financial institutions in the region. Worldline explained in its press release that Paysuite Essential Edition offers a safe and efficient alternative to…
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Prospero's AFS license was suspended in December 2023 after the company failed to submit its 2023 audited financial accounts. Following an application by ASIC, the Federal Court ordered Prospero to be wound up and liquidators appointed in April 2024. Under the Corporations Act, ASIC said it has the power to suspend or cancel an AFS…
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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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