Bloomberg Tradebook and Eurex Announce New Collaboration LeapRate

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…

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. …

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…

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…

February 26, 2025 BY Sam Boughedda

CME Group Announces First Options Trades on Bitcoin Friday Futures

It was revealed Tuesday that the transaction, a block trade, was carried out between Cumberland DRW and Galaxy and cleared by Marex. "We are pleased to see such early and strong support for these new options products," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. "These smaller-sized, cash-settled contracts, with expiries available…

February 25, 2025 BY Sam Boughedda

CMC Markets CFO to Step Down with Immediate Effect

The online brokerage added that Soleiman, who took on the role in September 2023, will remain with the firm for a transition period to ensure an orderly handover. Soleiman has been with CMC Markets since 2005. Prior to his role as CFO, he held several positions within the company, including serving as Head of CMC…

February 25, 2025 BY Sam Boughedda

CME Group and DTCC to Expand Existing Cross-Margining Arrangement

The companies aim to provide greater margin savings and capital efficiencies for end users by December 2025. Subject to regulatory approval, CME explained that the enhancement will enable eligible end-user clients at CME Group and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing Corporation (FICC) to access capital efficiencies when trading U.S. Treasury…

February 25, 2025 BY Leaprate Staff

ATFX Illuminates the Future with 2025 Annual Gala Dinner

The formal segment began with an opening speech from ATFX Group Chairman, Joe Li, in which he shared his “3H philosophy” of being Hungry, being Humble, and having Heart, encouraging employees to stay driven, grounded, and passionate in their roles. He highlighted ATFX’s 2025 slogan, “Illuminate the Future Spectrum”, which emphasizes the dynamic and unified…

February 25, 2025 BY Sam Boughedda

Robinhood Says SEC Closes Investigation Into Robinhood Crypto

The company revealed that on February 21, 2025, the SEC’s Enforcement Division notified RHC in a letter that it had concluded its inquiry. The investigation stemmed from a Wells Notice issued to RHC in May 2024, which suggested that the SEC was considering enforcement action. “We applaud the staff’s decision to close this investigation with…

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution

February 24, 2025 BY Sam Boughedda

Nordnet AB Selects Broadridge Shareholder Disclosure Solution

It was revealed that the leading Nordic digital investment platform has been using Broadridge’s API-based solution since September 2024, ensuring compliance with shareholder identification requests while maintaining data security across Sweden and other European markets. “We are firmly committed to the advancement of shareholder democracy throughout the financial services industry,” said Quincy Curry, Director of…