News Nuggets | 26 September: IBKR Expands Trading Hours; Bitget Presents Smart Trading Bot

<p>
Interactive Brokers Expands Trading Hours</p><p><a href="https://www.financemagnates.com/tag/interactive-brokers/" target="_blank" rel="follow">Interactive
Brokers</a> has expanded its Overnight Trading Hours service, now offering over
10,000 US stocks and ETFs for nearly 24/5 trading. This move aims to provide
more flexibility to clients in Asia and Europe, who can now trade a broader
range of US equities during their local market hours. The firm has additionally partnered with Blue Ocean Technologies to enhance liquidity for overnight
trading.</p><p>“Overnight
Trading is an important service that helps our clients make timely trading
decisions and capture investment opportunities around the clock,” said Milan
Galik, the Chief Executive Officer at Interactive Brokers.</p><p>Bitget Introduces Smart
Portfolio Bot</p><p><a href="https://www.financemagnates.com/tag/bitget/" target="_blank" rel="follow">Bitget</a>, a
leading crypto derivatives and copy <a href="https://www.financemagnates.com/terms/t/trading-platform/">trading platform</a>, has launched Smart
Portfolio, an intelligent investment bot. The bot dynamically rebalances a
user's cryptocurrency portfolio, aiming to maximize returns by buying low and
selling high. It offers two rebalancing modes, percentage-of-portfolio and
calendar rebalancing, both designed to adapt to market conditions and price
fluctuations.</p><p>"The
launch of our Smart Portfolio bot exemplifies Bitget's mission to keep
providing innovative solutions that make crypto investing smarter. This
automated portfolio manager aligns with our 'Trade Smarter' philosophy of
leveraging technology to empower users,” said Gracy Chen, the Managing Director at
Bitget.</p><p>Laser Digital Receives
Approval from ADGM</p><p><a href="https://www.financemagnates.com/tag/laser-digital/" target="_blank" rel="follow">Laser
Digital</a>, a digital asset subsidiary of Nomura, has received In-Principal
Approval from the Financial Services Regulatory Authority of Abu Dhabi Global
Market (ADGM). The approval is a significant step towards formal regulatory
licensing for the company, which aims to provide broker-dealer and asset
management services in both virtual and traditional assets.</p><p>“We are
delighted that Laser Digital has been granted an ‘In Principal Approval’ for
their virtual asset management services. Laser is developing investment
services in virtual assets that are both dynamic and transparent, and their
investment offerings align well with ADGM and the FSRA's international best
practices and progressive regulatory ecosystem. We welcome them to our robust
and vibrant financial community,” commented Arvind Ramamurthy, the Chief of
Market Development at ADGM. </p><p>Kabu Collaborates with
Morgan Stanley</p><p>The Japanese
brokerage <a href="https://www.financemagnates.com/tag/kabu/" target="_blank" rel="follow">Kabu </a>has announced a collaboration with Morgan Stanley MUFG
Securities to improve Smart Order Routing (SOR) services and trading execution
algorithms. The new service, set to launch in the first half of 2024, aims to
provide customers with high-level performance trade execution services in the
evolving Japanese stock market.</p><p>“As the Japanese
stock market continues to evolve and change, we will continue to provide our
customers with the world's highest level of performance trade execution
services by utilizing MSMS's SOR and trade execution algorithms,” commented
Kabu in a press release in Japanese, auto-translated to English.</p><p>RoboMarkets Joins
TradingView</p><p><a href="https://www.financemagnates.com/tag/robomarkets/" target="_blank" rel="follow">RoboMarkets</a>,
a European-regulated brokerage, has been integrated into TradingView, offering
access to over 2,000 stocks from NYSE, NYSE Arca, and NASDAQ. The brokerage
aims to provide top-tier trading terms for both retail and professional
clients, featuring competitive margin rates and minimal fees.</p><p>“Founded in
2013, RoboMarkets has amassed a significant base with 250,000+ active trading
accounts and secured 30+ industry accolades, including the Best European Stocks
Broker Europe title at the recent 2023 Global Forex Awards,” stated
TradingView.</p><p>Beeks Analytics Releases
Version 11.1</p><p><a href="https://www.financemagnates.com/tag/beeks-financial-cloud/" target="_blank" rel="follow">Beeks
Analytics</a> has released version 11.1 of its product line, featuring improved
REST API and Grafana data sources. The update aims to provide clients with
real-time alerts and comprehensive analytics, enhancing the user experience
through a new flexible dashboard.</p><p>“This is
the second major update of our Analytics product line this year,” commented
Matt Cretney, the Head of Product at Beeks. “This latest iteration provides
significant benefits to Beeks clients, including a new flexible dashboard user
experience through Grafana.”</p><p>Exegy Partners with BMLL
for Data &amp; Analytics</p><p><a href="https://www.financemagnates.com/tag/exegy/" target="_blank" rel="follow">Exegy </a>has
signed a partnership agreement with BMLL Technologies to provide high-quality
historical data and <a href="https://www.financemagnates.com/terms/a/analytics/">analytics</a>. The partnership aims to give quants more time
for algo development by streamlining the data analysis process, thus
democratizing access to trading intelligence.</p><p>“We looked
at a number of historical data vendors, and soon realized BMLL is in a class of
its own. Accessing BMLL data now enables our clients to do strategy
back-testing on high-fidelity data and execute using our real-time data,” said.
David Taylor, the CEO of Exegy.</p><p>Finastra and Corvallis
Extend Partnership</p><p><a href="https://www.financemagnates.com/tag/finastra/" target="_blank" rel="follow">Finastra
</a>has extended its partnership with Corvallis to help Italian banks modernize
their payment systems. The collaboration aims to facilitate SEPA and
international payments, enabling Italian banks to comply with upcoming European
instant payments regulations.</p><p>“Our
partnership supports the imminent entry into force of the European regulation
on instant bank transfers in euros, which will make instant payments mandatory
without additional costs,” said Giampietro Vavassori, the Business Solution
Director at Corvallis.</p><p>RockX and Cactus Custody
Partner for Crypto Staking</p><p>RockX and
Cactus Custody have entered into a strategic partnership to make <a href="https://www.financemagnates.com/tag/staking/" target="_blank" rel="follow">crypto staking</a>
more secure and accessible for traditional financial institutions. The
partnership aims to address challenges such as cybersecurity threats and
regulatory barriers, providing a secure and compliant staking process.</p><p>Plum Launches “Plum
Interest” Product</p><p>Plum has
introduced a new product called “Plum Interest” designed to offer higher
returns on cash holdings. The product aims to pass a higher proportion of
central bank rates to customers and is available in both the UK and multiple <a href="https://www.financemagnates.com/tag/eu/" target="_blank" rel="follow">EU
markets</a>. It offers daily returns and has no withdrawal or deposit restrictions.</p>

This article was written by Finance Magnates Staff at www.financemagnates.com.