The companies, products and regulatory developments shaping the broker industry.
Kraken and MEXC expanded their referral arrangement to France, but users must open new accounts and move assets themselves as four wind-down cohorts approach.
Eurex Clearing has announced a Direct Delivery Service for selected individually segregated clients using Clearstream CmaX. Initial eligibility is France and the Netherlands, with a tri-party security agreement and fees waived through 2027.
The 20 October memorandum creates a channel for supervisory consultation and information exchange. Individual French asset managers still need their own US registration decisions.
Redemption terms now determine an explicit minimum, changing how managers balance investment capacity with the cash needed to meet exits.