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Singapore-based fintech Xalts acquires digital trade platform Contour Network

TechCrunch: M&A

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. All rights reserved. For personal use only.

Trading 300
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ION’s LIST connects FastTrade electronic trading system to the Luxembourg Stock Exchange

The TRADE

LIST, an ION company, has completed the certification process to connect its FastTrade electronic trading system to the Luxembourg Stock Exchange (LuxSE). All existing functionalities, namely: trading, execution, and liquidity provision, are made available automatically to clients wanting to access LuxSE.

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Vienna Stock Exchange adds Jump Trading as its newest trading member

The TRADE

The Vienna Stock Exchange has welcomed Jump Trading Europe as a new international trading member. The addition of Jump Trading brings the total of members connected to the Viennese trading venue to 70, including 21 Austrian and 49 international banks and securities firms.

Trading 67
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Beware AI stocks trading at rich valuations. How to profit from a pullback using options

CNBC: Investing

Tony Zhang sees further downside in many of the AI-focused stocks and explains how to trade it using options.

Trading 84
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LSEG outage suspends trading on AIM stocks

The TRADE

The London Stock Exchange (LSE) is currently investigating an outage which has left just FTSE 100, FTSE 250 and IOB securities still available for trading. As of 4.10pm today, LSE was still investigating the fault, The TRADE understands, with no word yet as to timeframes.

Trading 80
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This 'free lunch' stock trade into year-end has typically netted a 10% return

CNBC: Investing

A baker's dozen stocks are trading near their 52-week lows but could be due for a rebound soon, said the Stock Trader's Almanac's Jeffrey Hirsch.

Trading 98
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A lower-cost options trade that wins if this cheap drug stock keeps making a comeback

CNBC: Investing

Let's analyze how to trade a drug stock that's made a terrific comeback and could have more upside from here. But there's a catch.

Trading 95