Sam Boughedda
LeapRate Analyst
March 07, 2025 BY Sam Boughedda

Virtu Financial Launches Virtu Technology Solutions

The new product suite is said to be designed to provide sell-side broker-dealers with access to the firm’s advanced execution and workflow technology. The company explained that VTS repackages Virtu Execution Services’ (VES) existing capabilities, which have long been used by institutional clients to enhance market access, trade execution, and analytics.  With this expansion, Virtu…

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financial buildings
March 07, 2025 BY Sam Boughedda

American Express to Buy Software Firm Center

The move is said to be aimed at enhancing its corporate and small business payment solutions. The acquisition is expected to close in the second quarter of 2025. Center’s software integrates real-time expense tracking, automated accounting, and policy compliance tools, streamlining financial operations for businesses.  It is expected that American Express will combine the technology…

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March 06, 2025 BY Sam Boughedda

Schroders Announces Directorate Changes

Waterhouse, who has served as a non-executive director for six years, will step down following the company’s Annual General Meeting (AGM) on 1 May 2025 to focus on her role at GSK. In addition, Ian King will step down as Senior Independent Director, with Mackay to succeed him from the conclusion of the AGM.  However,…

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March 06, 2025 BY Sam Boughedda

CF Benchmarks Adds Crypto.com Exchange to Bitcoin and Ether Indices

Effective 31 March 2025, the firm said Crypto.com’s market data will be integrated into CF Benchmarks’ CME CF Bitcoin-Dollar Indices, CME CF Ether-Dollar Indices, and CME CF Ether-Bitcoin Ratio benchmarks.  The addition is expected to strengthen the representativeness and integrity of CF Benchmarks’ pricing products, which now draw data from eight constituent exchanges. “As the…

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Euronext
March 06, 2025 BY Sam Boughedda

Euronext Expands Clearing Services to Cover Crypto ETPs

The company said the move, effective from 3 March 2025, “marks a significant step in integrating digital assets into the regulated financial ecosystem.” They note that investors will have access to a wider selection of crypto ETPs while the firm ensures security and regulatory compliance. The expansion allows investors to trade crypto-backed ETPs with the…

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March 05, 2025 BY Sam Boughedda

CME Group Reports Record Monthly ADV in February

The derivatives marketplace said the surge was driven by growth across all asset classes, with new highs in interest rate products, agricultural commodities, and cryptocurrencies. The exchange’s interest rate complex reached a record ADV of 19.2 million contracts, including a record 13 million contracts in U.S. Treasury futures and options.  SOFR futures volumes also saw…

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March 05, 2025 BY Sam Boughedda

CAB Payments Appoints James Hopkinson as New CFO

Hopkinson joins the emerging markets-focused FX and payments provider immediately and will be appointed as an Executive Director pending regulatory approval. Hopkinson has over 25 years of experience in global banking, FX, and payments. He spent nearly two decades at Standard Chartered, working across Africa, Asia, and the UK, including as Global CFO of retail…

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March 05, 2025 BY Sam Boughedda

Deutsche Bank Fined €23.05m By Germany's BaFin

The fine is said to be for breaches of organisational requirements related to derivative sales, investment advice recording, and account switching delays at its Postbank branch. The largest portion of the fine—€14.8 million—was issued for Deutsche Bank’s failure to investigate and address compliance shortcomings in its sale of currency derivatives in Spain.  The bank took…

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brokeree solutions
March 04, 2025 BY Sam Boughedda

M4Markets and Brokeree Solutions Launch Copy Trading App

The companies said in a press release that the app is aimed at making copy trading more accessible for traders of all levels.  The app allows users to follow and replicate the strategies of top traders in real time, directly from their mobile devices. They explain that the platform integrates Brokeree’s desktop Social Trading solution,…

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March 04, 2025 BY Sam Boughedda

UBS: Renata Jungo Brüngger and Lila Tretikov to Be Nominated to Board of Directors

Jungo Brüngger, currently a member of the Board of Management at Mercedes-Benz Group AG, brings extensive experience in legal affairs, governance, and sustainability.  She oversees integrity, governance, and compliance functions and also serves on the supervisory boards of Munich Re and Daimler Truck Holding AG. Tretikov is a technology expert, specialising in artificial intelligence and…

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