TP ICAP Announces Neptune Networks Acquisition LeapRate

June 02, 2025 BY Sam Boughedda

TP ICAP Announces Neptune Networks Acquisition

In a press release Monday, the company said the move aims to transform fixed income markets through enhanced data and execution services. The London-based markets infrastructure firm stated it would integrate Neptune’s real-time bond data platform with Liquidnet’s electronic credit trading capabilities. The combined entity will provide a full-service D2C credit offering, connecting buy-side and…

June 02, 2025 BY Sam Boughedda

Standard Chartered Announces New Global Head of Data, Analytics & AI for Wealth and Retail Banking Business

The position is a newly created role aimed at strengthening the Bank’s data-driven strategy across the client journey. Demiral will join the Bank on July 7, 2025, and will be based in Hong Kong. He will report to Samir Subberwal, Global Head of Wealth Solutions, Deposits and Mortgages, and Chief Client Officer. He will lead…

June 02, 2025 BY Sam Boughedda

ATFX Gains License from Cambodia's Securities and Exchange Regulator (SERC)

The move marks ATFX’s official entry into the country’s growing financial market. The broker secured the licence under Number 040, issued on 18 March 2025, enabling it to offer trading services. It expands ATFX’s global footprint, which already includes licences from regulators in the U.K., Australia, the UAE, and Hong Kong. "Securing this license is…

May 31, 2025 BY Sam Boughedda

Virtu Financial to Transfer Listing of Common Stock to NYSE

The company revealed that trading on the NYSE is set to begin on 17 June 2025 under the ticker symbol VIRT. The move will mark the end of Virtu’s decade-long listing on Nasdaq, which is expected to cease on 16 June. “We are excited to begin this next chapter of Virtu’s journey on the New…

May 31, 2025 BY Sam Boughedda

Tradeweb Announces Sherry Marcus as its New Head of AI

In the newly created role, Marcus will lead Tradeweb’s AI strategy, enhancing capabilities in price discovery, dealer selection and analytics for over 3,000 clients across institutional, wholesale, retail and corporate segments. She will report to Chief Technology Officer Justin Peterson. Marcus joins from Amazon Web Services, where she led the 300-person science and data team…

May 30, 2025 BY Sam Boughedda

RBC Becomes the First Canadian Clearing Member to Join LCH CDSClear

The move marks a step forward in the global expansion of the credit default swap (CDS) clearing platform. LCH CDSClear, operated by LSEG, is said to offer the broadest range of CDS products of any credit central counterparty (CCP) globally. RBC’s membership will allow the bank, a market maker in both European and US CDS…

May 30, 2025 BY Sam Boughedda

CME and CF Benchmarks to Launch 4 New Cryptocurrency Reference Rates and Real-Time Indices

The move expands their suite of benchmarks to cover over 96% of the investible cryptocurrency market. The new indices, which are not tied to tradable futures products, aim to provide transparent, reliable pricing for institutional investors and other market participants. "Our new benchmarks are designed to provide clear and transparent pricing data to a broad…

May 30, 2025 BY Sam Boughedda

Oanda Fined $600k By the National Futures Association

The New York-based retail foreign exchange dealer, which is owned by proprietary trading firm FTMO, agreed to the settlement without admitting or denying the allegations, according to a decision published by the NFA’s Business Conduct Committee (BCC) on Wednesday. The BCC found that Oanda failed to properly increase its net capital in accordance with liabilities…

May 30, 2025 BY Sam Boughedda

Alpha Group International to Continue Acquisition Talks with Corpay

In a statement, Alpha’s board confirmed it had recently held talks with Corpay and believes it is in shareholders’ best interests to remain engaged with the payments and risk management firm. Under UK takeover rules, Corpay was required to either make a firm offer or walk away by 5 p.m. on 30 May. However, following…

May 29, 2025 BY Sam Boughedda

Cboe Global President Dave Howson to Step Down

The company revealed that Howson will step down to return to the United Kingdom to be closer to family. Following his departure, Cboe CEO Craig Donohue will assume the additional title of President. In addition, Executive Vice Presidents Cathy Clay and Chris Isaacson will expand their global leadership responsibilities as part of a broader strategic…