Category: News

financial buildings
April 18, 2025 BY Sam Boughedda

MoneyGram Partners with Plaid to Enhance Pay-by-Bank Services in the US

Announced on Thursday, the partnership allows MoneyGram users in the US to authenticate their bank accounts through Plaid’s financial network.  The service is expected to improve the MoneyGram Online experience. It is expected to scale to additional markets later this year. “The MoneyGram network moves money for over 50 million customers each year, across nearly every…

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April 16, 2025 BY Sam Boughedda

OKX Launches in the US, Roshan Robert Joins as US CEO

The expansion includes the launch of OKX’s centralised exchange and OKX Wallet, with regional headquarters established in San Jose, California.  As part of the expansion, the firm said existing OKCoin users will be migrated to the OKX platform, gaining access to “deeper liquidity, lower fees, and advanced trading tools.” “I’m thrilled to announce the launch…

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Hong Kong
April 16, 2025 BY Sam Boughedda

Ant International’s WorldFirst Launches World Card

The solution is said to be designed to simplify global commerce for small and medium-sized enterprises (SMEs).  The firm said in a press release that the new offering aims to streamline cross-border transactions and reduce operational costs, providing enhanced global reach, security, and cost efficiency. They added that the World Card allows users to pay…

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April 15, 2025 BY Leaprate Staff

Exness wins Best Broker in LATAM at iFX EXPO LATAM 2025

Speaking about the award, Miguel Marcos, Exness Regional Commercial Director, expressed, “Winning the Best Broker in LATAM award at iFX EXPO LATAM is a tremendous honor and a testament to the value we place on our affiliate partnerships. We are proud to be recognized for our strategic expansion in LATAM and look forward to deepening…

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April 14, 2025 BY Sam Boughedda

HSBC Exploring Move into Private Credit Market – Reuters

The bank has reportedly held early-stage discussions with several private credit firms to explore potential partnerships.  Rather than launching a full-scale private credit operation, the report states that HSBC is considering a more measured approach, with some executives said to be expressing caution about the potential cost versus revenue benefits. One source told Reuters that…

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April 11, 2025 BY Leaprate Staff

Gold Shaking Hands with All-Time Highs

Monthly Resistance and Oversold Conditions Several desks are reportedly eyeing US$3,500 as the next upside objective for Gold; however, the monthly chart reveals it is considerably overbought according to the Relative Strength Index (RSI). You will note the RSI has remained within overbought territory since mid-2024 and recently touched gloves with familiar resistance between 87.31…

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Forex volatilities at low ebb, but how can SME’s protect against a surge?
April 10, 2025 BY Leaprate Staff

Retail Risk During VIX Spikes

The result is frequently a rise in account losses. For instance, during the March 2020 crash, when the VIX surged above 60, brokers reported both an increase in trading volume and in client losses. Extreme volatility across FX and equity index CFDs triggered stop-outs and margin calls at unprecedented rates, often in a matter of…

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April 10, 2025 BY Leaprate Staff

eToro Enters Securities Lending Arena, Targeting Passive Income for European Retail Investors

Strategic Positioning eToro’s stock lending feature is designed not only to enhance investor returns but also to fortify its broader product ecosystem with an income-generating tool. The brokerage will split net revenues from lending activities 50/50 with participating users, providing a novel way for retail investors to tap into institutional-style yield mechanisms. "Retail investors are…

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April 09, 2025 BY Leaprate Staff

ATFX Q2 2025 Trader Magazine: Adapting to Global Uncertainty 

According to Mohammed Shanti, ATFX's Head of Market Research & Analysis, the US stock market had a strong start in 2025 but now faces mounting risks. The S&P 500's rally has slowed amid rising bond yields and tech sector struggles, with major banks divided on its future trajectory. Meanwhile, Dr. Mohamed Nabawy highlights potential corrections…

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