March 12, 2025 BY Leaprate Staff

ATFX Maintains Market Strength with $643 billion in Q4 2024 Trading Volume

Precious metals trading grew 32.73% compared to Q4 2023, driven by increased demand for safe-haven assets. Indices saw a 62.09% rise, reflecting heightened market volatility. Stocks surged 27.08% from Q4 2023, with an exceptional 382.24% increase from Q3 2024, highlighting strong investor interest. Meanwhile, cryptocurrency trading expanded 8.47% compared to Q4 2023, maintaining steady momentum…

Read more
StoneX
March 12, 2025 BY Sam Boughedda

StoneX Agrees Deal to Acquire The Benchmark Company

The company said the move is aimed at strengthening its investment banking and capital markets capabilities.  The acquisition is expected to improve StoneX’s equity research, sales, trading, and investment banking services, expanding its presence in global capital markets. Benchmark is a full-service investment banking firm headquartered in New York and has been operating for over…

Read more
money market funds
March 11, 2025 BY Sam Boughedda

Public Partners with Capitalize to Streamline 401(k) Rollovers

The partnership is aiming to allow members to consolidate retirement savings more easily.  Public will integrate Capitalize’s Rollover API, enabling users to transfer legacy 401(k) accounts into Individual Retirement Accounts (IRAs) directly on its platform. The company explained that the partnership also seeks to address the growing issue of unclaimed retirement funds.  They note that…

Read more
TradeStation
March 11, 2025 BY Sam Boughedda

TradeStation Securities Expands Futures Offering with Micro Grains and Oilseed Contracts

The company said the expansion allows traders to access Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat futures, offering greater flexibility in agricultural markets. John Bartleman, President and CEO of TradeStation Group, Inc., highlighted the advantages of these new contracts: “We are excited to expand our futures offerings with CME’s…

Read more
ATFX opens a new office in Abu Dhabi
March 10, 2025 BY Sam Boughedda

ATFX Connect Appoints Mohammed Khan as Chief Operating Officer

Khan, a veteran of the institutional brokerage industry, brings over 20 years of experience in business transformation, revenue generation, and strategic planning, having previously held senior leadership roles at FXCM/Stratos Group. ATFX explained that in his new role, Khan will focus on expanding ATFX Connect’s institutional services, refining product strategies, and strengthening key client relationships. …

Read more
Hong Kong
March 10, 2025 BY Sam Boughedda

Marqeta Partners with Spendesk to Enhance Expense Management for European SMBs

It was revealed that Spendesk, a spend management and procurement platform, will integrate Marqeta’s card processing technology into its Core Banking Platform, offering customers both physical and virtual cards with customisable spend controls.  The collaboration is expected to enhance real-time expense tracking, budget monitoring, and automated financial management for businesses. “Expense management and procurement solutions…

Read more
saxo bank revenues
March 10, 2025 BY Sam Boughedda

Safra Sarasin Group to Acquire a Majority Stake in Saxo Bank

The majority stake was previously held by Geely Financials Denmark and Mandatum Group.  Saxo Bank will continue to operate as a standalone entity, with founder and CEO, Kim Fournais, retaining approximately 28% ownership. Fournais will also continue as CEO. The acquisition is aimed at strengthening both companies, combining J. Safra Sarasin’s wealth management expertise with…

Read more
FINRA's 2018 volume tops 2017 activity by 87%
March 07, 2025 BY Sam Boughedda

Redbridge Securities Fined by FINRA

The regulator revealed in a filing that the failures included deficiencies in its anti-money laundering (AML) program and market manipulation oversight. According to FINRA, between September 2019 and October 2023, Redbridge, which provides self-directed trading to retail investors, failed to establish an AML program reasonably designed to detect and report suspicious activity.  The firm’s oversight…

Read more
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…

Read more