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Monday, October 06, 2025
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Exodus of European Proprietary Trading Firms Set to Accelerate Due to Regulatory Burdens

The number of European proprietary trading firms relocating outside the continent is set to accelerate in the wake of unsustainable regulatory burdens, the latest Acuiti Proprietary Trading Management Insight Report has found.

Ondo Finance and Alpaca Collaborate to Tokenize US Stocks and ETFs

Ondo Finance, a leader in blockchain-based financial innovation and tokenized real-world assets, has announced the launch of Ondo Global Markets, their platform for tokenized US stocks and ETFs. The platform is powered by a strategic integration with Alpaca, a self-clearing broker-dealer and brokerage infrastructure API for stocks, ETFs, and options trading, as well as crypto.

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX) to Offer Seamless IPO Subscription Services for Customers

United Arab Bank (UAB) has announced a strategic collaboration with Abu Dhabi Securities Exchange (ADX), one of the region’s fastest-growing exchanges, to facilitate access to Abu Dhabi based capital markets.

Kraken Completes Major Acquisition of Breakout to Offer Prop Trading to Clients Globally

Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced its acquisition of Breakout, an evaluation-based proprietary trading firm that provides skilled traders with the opportunity to earn payments for successfully deploying strategies at scale.

Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

Citi Wealth announced the selection of BlackRock to create a new portfolio offering for its clients

Bitget and Bitget Wallet Support Trading of Over 100 Tokenized Assets via Ondo Finance

Bitget, the leading cryptocurrency exchange, as well as Bitget Wallet, the self-custodial crypto wallet, have launched live trading of tokenized real-world assets (RWAs) within their respective apps through the official integration with Ondo Finance.

SoFi Announces the Agentic AI ETF, Providing Access to Next Wave of AI

SoFi is announcing the availability of a new exchange-traded fund (ETF) with the SoFi Agentic AI ETF

GFO-X Group Gains ADGM FSRA In-Principle Approval to Build Global Digital Asset Exchange and Clearing Infrastructure

Global Futures and Options Abu Dhabi Exchange Limited and GFO-X Abu Dhabi CCP Limited (together, GFO-X AD) announces that it has received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a Recognised Investment Exchange (RIE) and a Recognised Clearing House (RCH) for digital asset and related derivatives.

Saxo Joins Platforms Association to support Sector-wide Collaboration and Growth

Saxo, a leading global platform for online trading and investing, today announces its membership of the Platforms Association, the industry body representing UK investment platforms.

Odeabank Successfully Implements MX.3 for FRTB

Odeabank committed to its mission of becoming the leading Turkish “phygital” Bank, has become the first in the country to implement Murex’s MX.3 for FRTB

OWNY Chooses Flagright to Centralize Transaction Monitoring and AML Compliance

OWNY will use Flagright transaction monitoring and AML compliance solutions across its platform

Sygnum Asset Management Expands Investment Solutions to Germany and Liechtenstein

Sygnum announces the expansion of its Asset Management offerings to Germany and Liechtenstein

OSTTRA Adds Eurex Clearing to OSTTRA triBalance Optimisation Service

OSTTRA, the global post-trade solutions provider, has added Eurex to its interest rate initial margin (IM) and capital optimisation service. Over-the-counter (OTC) derivative portfolios cleared in Eurex are now part of the OSTTRA triBalance optimisation runs, reducing counterparty risk and adding efficiencies across a firm’s OTC derivatives portfolio.

Ultima Markets Joins Forces with Inter as Official Regional Partner in Asia

Ultima Markets announced its new role as the Official Regional Partner of FC Internazionale Milano (Inter) in Asia creating experiences that blend the passion of football with the empowerment of trading knowledge.

Allianz Trade Makes Trio of Key Hires to Northern Europe Regional Management

Allianz Trade, the world leader in trade credit insurance, today announces three key appointments to the board of management for the Northern Europe (NEUR) region.

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