Clearstream
June 05, 2025 BY Sam Boughedda

Clearstream and Azimut Partner to Develop a Digital Solution for Private Market Funds

The collaboration between Clearstream, Deutsche Börse Group’s post-trade services provider, and Azimut, a global asset and wealth manager, is said to be an extension to Clearstream’s automated fund processing platform, Vestima, with a new digital layer built on distributed ledger technology via FundsDLT. The firm explains that the pilot solution introduces an account model allowing…

Read more
June 05, 2025 BY Sam Boughedda

Wise Sees 23% Increase in Cross-Border Volume

In its full-year results, the fintech firm announced that it served 15.6 million active customers over the year, representing a 21% increase from the prior period, with both personal and business segments growing by 22% and 11%, respectively.  Wise attributed the growth to infrastructure investments that delivered “lower fees and faster speeds,” with 65% of…

Read more
June 05, 2025 BY Sam Boughedda

CMC Markets Reports 2% Decline in Trading and Investing Revenue, Sees Good Momentum into FY26

Underlying EBITDA rose 12% to £103.4 million, while profit before tax climbed 33% to £84.5 million, driven by improved operating efficiency and lower non-recurring charges.  The company declared a full-year dividend of 11.4 pence, up 37% from the previous year. CMC said it has entered fiscal year 2026 with “good momentum,” supported by favourable market…

Read more
Hong Kong
June 04, 2025 BY Sam Boughedda

Sterling Trading Tech Launches Overnight Trading in US NMS Equities

The move allows the company’s clients to trade overnight via Blue Ocean ATS. The new service is said to be available through Sterling’s OMS and forms part of the company’s broader global expansion strategy.  The firm explained in a press release that clients can now access US equities markets during overnight hours, complementing Sterling’s existing…

Read more
IG Group office1
June 04, 2025 BY Sam Boughedda

IG Partners with Uphold to Launch Crypto Trading Offering in the UK

The new service, launched in partnership with crypto asset platform Uphold, is said to be fully integrated into IG’s existing infrastructure, allowing customers to trade cryptocurrencies alongside stocks, indices, ETFs, commodities and FX within a single platform. “This is a huge moment for IG and a major milestone in the UK's crypto journey,” said Michael…

Read more
June 03, 2025 BY Leaprate Staff

Exness wins big at FMAS:2025 and leads conversation on the future of trading in Africa

FMAS:25 brought together industry professionals, partners, and thought leaders from across the continent and beyond. Paul Margarites, Exness Regional Commercial Director, joined the Leaders Roundtable alongside other industry executives to share Exness’ approach to product reliability, financial security, and local partnership. He spoke about the broker’s core strengths, instant withdrawals, tight and stable spreads, and…

Read more
CME Group
June 03, 2025 BY Sam Boughedda

CME Group Sees Record Volume Across its Battery Metals Complex

The derivatives marketplace said 2,587 contracts were traded across its suite of battery metals futures and options, surpassing the previous record of 2,301 contracts set on 11 February.  Open interest also reached a new peak of 64,387 contracts. “These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached…

Read more
Interactive Brokers
June 03, 2025 BY Sam Boughedda

Interactive Brokers Sees Client Accounts Rise 32% YoY

The gain also represents a 2% month-on-month increase, as the global electronic broker continued to benefit from heightened trading activity and investor engagement. The US-based firm said daily average revenue trades (DARTs) rose 43% from a year earlier to 3.384 million, although they were down 11% compared to April. Client equity ended the month at…

Read more
Robinhood app on mobile
June 03, 2025 BY Sam Boughedda

Robinhood Completes Bitstamp Acquisition

The deal brings Bitstamp’s long-established crypto exchange into Robinhood’s portfolio, adding retail and institutional customers across the European Union, the United Kingdom, the United States, and Asia. Founded in 2011, Bitstamp holds more than 50 active licences and registrations globally and operates offices in Luxembourg, the U.K., Slovenia, Singapore and the U.S. The acquisition gives…

Read more