Sam Boughedda
LeapRate Analyst
brokeree solutions
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…

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Saxo Bank
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…

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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…

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Nomura
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…

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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…

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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…

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Eurex ESG
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…

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February 27, 2025 BY Sam Boughedda

CME Group Posts New Daily Volume Record of 67.1 Million Contracts

This surpasses the previous record of 66.3 million contracts, set on 13 March 2023. The new milestone was said to have been driven primarily by interest rate and U.S. Treasury markets, which also recorded fresh highs.  Interest rate futures and options hit 50.9 million contracts, while U.S. Treasury futures and options reached 40.7 million contracts. …

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February 26, 2025 BY Sam Boughedda

Worldline Appoints Pierre-Antoine Vacheron as CEO

Vacheron succeeds Marc-Henri Desportes, who has served as interim CEO since October 2024. The company said in its press release that Vacheron brings over 30 years of experience in payments, banking, and retail. He previously served as CEO of BPCE Payments, where he helped modernise the payments division of Groupe BPCE, one of Europe’s largest…

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February 26, 2025 BY Sam Boughedda

Bank of Canada to Utilise Clearstream/TMS Group's Canadian Collateral Management Service

TMX and Clearstream said the CCMS, launched in 2024, optimises securities finance activities across the Canadian market, providing domestic tri-party repo capabilities to increase market liquidity.  It is also said to help unlock trapped collateral, improving mobility for repo transactions, securities lending, and margin requirements for derivatives. Bank of Canada Deputy Governor Toni Gravelle highlighted…

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