Category: News

November 20, 2024 BY Sam Boughedda

Robinhood To Acquire TradePMR in $300 Million Deal

Online brokerage Robinhood Markets revealed Tuesday that it has entered into an agreement to acquire TradePMR, a custodial and portfolio management platform for Registered Investment Advisors (RIAs).  The deal, valued at approximately $300 million, is expected to close in the first half of 2025. TradePMR, with over 25 years of experience and $40 billion in…

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Axi logo
November 15, 2024 BY Sam Boughedda

Axi Makes Bid to Acquire Brokerage SelfWealth

The latest development comes after SelfWealth received a similar offer from Bell Financial Group Limited for a lower price of $0.22 per share. Axi was founded in 2007 and is headquartered in Sydney, serving customers across 120 countries. The brokerage is keen to acquire SelfWealth to expand its reach in the Australian market. The proposed…

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November 11, 2024 BY Leaprate Staff

ATFX Celebrates Grand Opening of New Office in Mexico

The event was designed to highlight the significance of ATFX’s continued growth in the LATAM market. Attendees were able to enjoy a vibrant atmosphere, complete with live band performances. Speeches by senior leadership, including Ergin Erdemir, Head of Latin America (LATAM) at ATFX, and Joe Li, Chairman of ATFX, focused on the company’s vision for…

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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…

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November 05, 2024 BY Leaprate Staff

When Do U.S. Election Polls Close?

Note that results won’t be reported immediately when polls close, as counting will still be underway. Key battleground states’ results are expected to be reported between 11:00 pm and midnight ET (4:00-5:00 am GMT Wednesday). In a post by FP Markets Chief Markets Analyst, Aaron Hill, the times of poll closures was broken down. Polling…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
October 15, 2024 BY Sam Boughedda

Broadridge Announces Solutions and Services for International Post-Trade Processing

The company said the international post-trade processing services and solutions aim to help firms comply with the Digital Operational Resilience Act (DORA) and other global regulations mandating heightened operational resilience. They are also said to be in response to the "increased sophistication and prevalence of cyber threats, and board mandates on operational resilience." Danny Green,…

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September 26, 2024 BY Sam Boughedda

Rakuten Launches "Rakuten Analytics" Platform

Built upon the data assets of the Rakuten Ecosystem, the company said its Rakuten Analytics product offers valuable customer insights to support marketing strategies, product planning, and more. "Rakuten Analytics is a platform that enables businesses to strengthen their understanding of customer profiles by linking a company’s data with the statistical data assets held by…

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September 26, 2024 BY Sam Boughedda

eToro to Acquire Australian Investing App Spaceship

The deal, valued at up to AUD 80 million, is expected to strengthen eToro's presence in the Australian market and expand its long-term savings offerings globally. Spaceship, founded in 2017, has garnered a significant following with over 200,000 clients and manages more than AUD 1.5 billion in funds. The company offers a range of investment…

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September 23, 2024 BY Leaprate Staff

ATFX Enhances Global Trading Infrastructure Expanding Trading Server Hosting At Equinix Data Center in Hong Kong and London

Joe Li, Chairman of ATFX Group, stated, “We are committed to delivering the highest quality trading services to our global clients. By relocating all trading servers to Equinix, we not only enhance trading speed and stability globally but also lay a solid foundation for future technological innovations and market expansions.”   The Equinix relocation project…

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