ATFX Appoints Paresh Patel as Global Head of Trading & Risk Management LeapRate

March 04, 2025 BY Leaprate Staff

ATFX Appoints Paresh Patel as Global Head of Trading & Risk Management

As Global Head of Trading & Risk Management, Paresh will oversee ATFX’s trading operations, liquidity strategies, and risk controls. His focus will be on strengthening risk management systems, expanding product offerings, and securing top-tier liquidity to enhance ATFX’s trading environment. By optimizing trade execution, refining risk frameworks, and broadening market access, he aims to further…

March 03, 2025 BY Leaprate Staff

Safeguarding Your Assets: ATFX’s Commitment to Trust and Security

To further reinforce its security framework, ATFX consistently upgrades its cybersecurity infrastructure to prevent data breaches and unauthorized access. By integrating cutting-edge security solutions and adhering to the highest international regulatory standards, ATFX enhances protection while delivering a secure and efficient trading environment. In 2024, ATFX strengthened its asset security by partnering with Zodia Custody,…

DGCX and DIEDC team up to strengthen Dubai’s Islamic finance economy

March 03, 2025 BY Sam Boughedda

Exclusive Markets Opens Dubai Representative Office

Exclusive Markets said Monday that it has officially expanded its presence in the Middle East and North Africa (MENA) region with the opening of a new representative office in Dubai. The company said it is also launching a special offer for Ramadan, offering traders the chance to win a VIP trip to Dubai and other…

March 03, 2025 BY Sam Boughedda

ForexVPS Integrates with Brokeree Solutions to Enhance Broker Services

The partnership is said to aim to provide brokers with enhanced hosting infrastructure and access to Brokeree’s flagship investment systems, including Social Trading, PAMM, and Prop Pulse. “This partnership provides premium hosting infrastructure, guaranteeing 99.99% uptime and around-the-clock expert support to ensure a seamless trading experience for brokers and their traders,” said Brokeree. The firm…

March 03, 2025 BY Sam Boughedda

Saxo Bank Total Income, Net Profits Jump in 2024

The Copenhagen-based investment bank also saw client numbers grow to nearly 1.3 million (from 1.12 million), while client assets hit an all-time high of EUR 114 billion, up from EUR 100 billion in 2023. CEO Kim Fournais credited the strong performance to Saxo Bank’s commitment to delivering value, citing the bank’s new global pricing strategy…

February 28, 2025 BY Sam Boughedda

Italy's Consob Orders the Blackout of 4 New Websites

The affected sites include three unauthorised financial intermediaries and one website promoting financial products without a prospectus, according to the regulator. Consob said it exercised its authority under the "Growth Decree," which allows Consob to block access to fraudulent financial services operating online. The websites ordered to be blacked out are: Flowtradey (https://flowtradey.nl) State Street…

February 28, 2025 BY Sam Boughedda

Nomura Announces Plans to Set Up New Banking Division

The division will integrate the expertise of Nomura Trust and Banking Co., Ltd. and Nomura Bank (Luxembourg) S.A., focusing on private markets, bespoke financial products, asset building, and estate planning. The firm said the decision to launch the new division was driven by the “megatrends of inflation, the changing interest rate environment and Japan's push…

Stripe obtains $600M funding at $95B valuation

February 28, 2025 BY Sam Boughedda

Stripe Total Payment Volume Hits $1.4T in 2024

The payments giant said in a press release that it now handles transactions equivalent to 1.3% of global GDP and is used by half of the Fortune 100, including major corporations such as NVIDIA, PepsiCo, and Comcast. In their annual letter, co-founders Patrick and John Collison attributed the company’s rapid expansion to its AI-driven payment…

Fullerton Markets unveils prepaid MasterCard for VIP clients

February 27, 2025 BY Sam Boughedda

Richard Verma Returns to Mastercard as Chief Administrative Officer, Tim Murphy Named Vice Chair

Murphy, who has been with Mastercard since 2000 and served as Chief Administrative Officer since 2021, will now oversee global regulatory relationships and other strategic initiatives. Mastercard CEO Michael Miebach praised Murphy’s long-standing contributions, stating, "Tim has played an instrumental role at Mastercard for more than two decades… embedding our values into every aspect of…

February 27, 2025 BY Sam Boughedda

Bloomberg Tradebook and Eurex Announce New Collaboration

The companies expect the collaboration to enhance efficiency and transparency in off-book trading. The partnership enables firms to use their existing clearing broker relationships to trade Eurex equity options, futures, and FX derivatives, removing the need for tri-party agreements with Eurex Market Makers. The integration will electronify the European off-book market. André Eue, Head of…