The collaboration will integrate Tumelo’s pass-through voting infrastructure with Proxymity’s platform to enable retail investors in pooled funds to directly vote their shares
The Fixed Income Clearing Corporation’s Government Securities Division is a provider of trade comparison, netting and settlement for the government securities marketplace
The acquisition will integrate Archer’s managed account solutions and capabilities, enhancing BNY’s existing enterprise platform to support retail managed accounts
Virtu Financial will also act as an executing broker for client flows on Appital’s BookBuilder platform, with the aim to help clients execute large buy side orders and liquidity discovery
The acquisition from the Uruguay-based company allows the compliance and administrative services provider to expand its presence in the Latin American market
29 August 2024US, Australia Reporter: Daniel Tison
The merger of Vision Super and Active Super will create a fund managing more than US$29 billion in assets and serving 170,000 member accounts, the firm says
The charges also state that Abra operated for over two years as an unregistered investment company as it held more than 40 per cent of its total assets, excluding cash, in investment securities
