Brokerage

Andrew Gibson, a veteran of the forex and contracts for differences (CFDs) industry, has left his executive role at Tavira Financial (previously Tavira Securities) to launch Timberfx as a Co-Founder, Finance Magnates learned exclusively. He…

In a move to extend its global footprint, Marex, a diversified financial services platform, has completed the acquisition of Cowen's prime brokerage and outsourced trading business. This move brings Marex a wealth of additional resources,…

The Securities and Exchange Commission (SEC) has announced charges against five broker-dealers, three dually registered broker-dealers and investment advisers, and two affiliated investment advisers for widespread and longstanding failures…

Art Wager Truist Financial (NYSE:TFC) has started talks to sell its insurance brokerage unit to private equity firm Stone Point for ~$10B, according to a media report, the upshot of recent proposals to tighten bank regulations. Stone…

Marex will acquire Cowen's prime brokerage and outsourced trading business. This move is part of its strategy to enhance its capabilities, broaden its client base, and reinforce its position in the financial services sector, the company…

The investment and trading platform Moomoo has launched its online brokerage service. As of September 19, 2023, this service grants Japanese investors access to 7,000 US stocks and ETFs, setting a new industry standard in Japan. Don't…

Sydney-based Invast Global has undergone a brand overhaul and has rebranded as 26 Degrees, the company officially announced today (Friday). The renamed company will focus on the main brokerage market. The new name, 26°, was chosen…

TradeBlock will officially start the closing process on May 31st. Digital Currency Group (DCG), a New York-based venture capital firm that invests and provides services for crypto companies, is closing its TradeBlock subsidiary.…