ATFX Connect and Your Bourse Form a Strategic Alliance in Liquidity Services LeapRate

November 08, 2024 BY Leaprate Staff

ATFX Connect and Your Bourse Form a Strategic Alliance in Liquidity Services

A Match to Be Made This collaboration allows us to enhance our service offerings by integrating Your Bourse’s innovative technology with our custom liquidity solutions. By combining our strengths, we can provide brokers with a seamless trading experience that includes the below: Enhanced Trading Technology with a Seamless Experience The partnership integrates Your Bourse's ultra-fast…

November 08, 2024 BY Sam Boughedda

Spartan Capital Fined for Delayed Responses to FINRA Requests

The company is said to have failed to respond in a timely manner to multiple requests for information. The fines stem from three separate incidents between June 2021 and August 2023. In each case, FINRA said it requested information from Spartan Capital as part of an investigation, but the brokerage firm failed to meet the…

November 08, 2024 BY Sam Boughedda

ATFX Connect Partners with Your Bourse to Enhance Broker Liquidity Options

This collaboration aims to elevate liquidity options for brokers. By integrating Your Bourse's advanced technology with ATFX's extensive liquidity solutions, the companies believe their partnership offers several benefits to brokers. The integration of Your Bourse's ultra-fast trade execution capabilities with ATFX's Prime of Prime services is expected to create a “powerful infrastructure” for efficient trading.…

November 08, 2024 BY Sam Boughedda

CME Group Announces Leadership Changes and Extension of CEO's Contract

The company also revealed it has promoted Chief Financial Officer Lynne Fitzpatrick to the expanded role of President and CFO. Additionally, Julie Holzrichter, who served as Chief Operating Officer, will step down from her current position and transition to an advisory role. Suzanne Sprague will succeed Holzrichter as both Chief Operating Officer and Global Head…

November 07, 2024 BY Sam Boughedda

CapBridge Selected as Distribution Partner of UBS's First Tokenised Money Market Fund

The company said in its press release that the collaboration marks a step towards bridging the gap between traditional finance and digital assets. Built on the Ethereum blockchain, uMINT offers investors access to UBS Asset Management's institutional-grade cash management solutions. By tokenizing the assets, UBS aims to cater to the growing demand for digital financial…

November 07, 2024 BY Sam Boughedda

UBS Trials Blockchain-Based Payment System for Cross-Border Transactions

It was revealed that the pilot program involved multiple multinational clients and banks, facilitating domestic transactions within Switzerland and international payments in various currencies, including US dollars, Swiss francs, euros, and Chinese yuan. Andy Kollegger, head of UBS Institutional & Multinational Banking, emphasised the strategic importance of blockchain-based payment solutions for cross-border transactions. "UBS Digital…

November 07, 2024 BY Sam Boughedda

StoneX Will Not Make Acquisition Offer For CAB Payments

This decision comes after a series of approaches made by StoneX to CAB Payments since July 2024. The initial offer from StoneX valued CAB Payments at £1.15 per share, which was rejected by the CAB Payments board. A subsequent revised offer of £1.45 per share was also considered but ultimately declined. The revised proposal consisted…

November 06, 2024 BY Sam Boughedda

Standard Chartered and Ant International Complete Blockchain-Based SGD Settlement

Essentially, the companies executed the first blockchain-based SGD transaction using Ant International's blockchain-based Whale platform. "To enable this transaction, Standard Chartered plugged into Ant International's Whale Platform to offer the liquidity necessary to conduct this transaction which is a significant step forward towards instant and 24/7 treasury management," reads the press release. The approach optimises…

November 06, 2024 BY Sam Boughedda

Coinbase to Launch New Singapore Engineering Hub

The initiative, supported by the Singapore Economic Development Board (EDB), aims to foster the local developer ecosystem by supporting engineers to build the future of Web3, the decentralized internet powered by blockchain technology. "This brings us one step closer to our goal of increasing economic freedom by onboarding one billion people into the cryptoeconomy, and…

November 06, 2024 BY Sam Boughedda

Wise Sees Active Customers, Profit and Revenue Rise in H1

The company revealed Wednesday that the number of active customers increased by 25% year-over-year, reaching 11.4 million. Revenue surged 19% to £591.9 million, driven by a 19% increase in cross-border volume to £68.4 billion. Reported profit before tax came in at £292.5 million, rising a significant 51% from the previous year. Wise said it continues…