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Compagnie Financiere Tradition (CFT) reported an 11% increase in revenue for 2024, reaching CHF 1.13 billion, as volatile markets and shifting monetary policies boosted trading volumes across asset classes. https://lnkd.in/erK-5Q_P

Tigress Financial Partners has been fined $100,000 by FINRA after the regulator found deficiencies in its anti-money laundering (AML) compliance programme and failures to disclose required information on customer trade confirmations. https://lnkd.in/eFYvggcS

On Thursday, cryptocurrency exchange Kraken announced a $1.5 billion agreement to acquire NinjaTrader, a leading U.S. retail futures trading platform. The deal marks the largest-ever merger between traditional finance and crypto. Kraken added that the move also strengthens its position as a 24/7 multi-asset trading platform. https://lnkd.in/eqxra66f

On Wednesday, ICE Futures US revealed it has fined Novum Energy Trading Corp $35,000 for violating exchange rules related to trade practices and block trading requirements. https://lnkd.in/ewdZgV4b

The Financial Industry Regulatory Authority (FINRA) said in a filing Wednesday that it has fined National Financial Services LLC (NFS) $100,000 and censured the firm for failing to process thousands of customer asset transfers in a timely manner over more than a decade. https://lnkd.in/ex2CDj_p

Hong Kong Exchanges and Clearing Limited (HKEX) has announced that its subsidiary, OTC Clearing Hong Kong Limited (OTC Clear), will begin accepting Chinese Government Bonds and Policy Bank Bonds as collateral for all derivative transactions from 21 March 2025. https://lnkd.in/eyivJVyF

Alpha Group International reported a 23% rise in full-year revenue to £135.6 million for 2024, revealing strong growth across its divisions and a positive outlook for 2025. The financial solutions provider saw 20% organic revenue growth, excluding contributions from Cobase, which was acquired in late 2023. https://lnkd.in/eTdQagDJ

Hargreaves Lansdown said late Tuesday that Chief Financial Officer (CFO) Amy Stirling will step down following the company’s planned delisting on 25 March 2025. The investment platform is getting closer to going private, with the company receiving a court sanction on Tuesday for its £5.4 billion deal with an international consortium to take the company private. https://lnkd.in/eya6kSqy

NYSE-listed Fiserv said Wednesday that it has acquired CCV, a Netherlands-based payment solutions provider, as part of its strategy to expand its footprint in Europe. https://lnkd.in/eCQz6UnJ

On Tuesday, Nasdaq and nuam, the entity formed by the merger of the Santiago, Lima, and Colombia stock exchanges, announced an expansion of their technology partnership to enhance post-trade processing in Latin America. The companies said that under the extended agreement, Nasdaq’s central securities depository (CSD) platform will be adopted by all three exchanges. https://lnkd.in/eFacugZF