London Stock Exchange Group Posts Strong Q1, Data & Analytics Momentum Builds LeapRate

May 01, 2025 BY Sam Boughedda

London Stock Exchange Group Posts Strong Q1, Data & Analytics Momentum Builds

Total income excluding recoveries rose 8.7% year-on-year, or 7.8% on an organic constant currency basis, to £2.26 billion. Growth was broad-based, with Data & Analytics up 5.1%, FTSE Russell up 9.6%, Risk Intelligence up 10.7% and the Markets division climbing 10.7%. CEO David Schwimmer said: “We have started the year strongly, delivering another quarter of…

May 01, 2025 BY Sam Boughedda

Interactive Brokers Fined $400k by FINRA

In a letter of acceptance, waiver, and consent published on May 1, FINRA stated that the firm failed to accurately report statistical and summary information regarding written customer complaints from January 2020 through June 2022, in violation of FINRA Rule 4530. During this period, the regulator said that at least 300 complaints went unreported, including…

May 01, 2025 BY Sam Boughedda

Robinhood Revenues Rise in Q1, Gold Subscribers Hit 3.2m

The number of Gold subscribers rose by 90% to 3.2 million, helping lift other revenues by 54% to $54 million. Net income more than doubled to $336 million, while diluted earnings per share rose 106% to $0.37. Customer engagement was also said to be strong, with 1.9 million more funded customers added over the year,…

April 30, 2025 BY Sam Boughedda

CAB Payments to Strengthen Board with New Appointments

The company will appoint two Independent Non-executive Directors, Kushagra Saxena and Peter Klein, and two Nominee Directors, Nitin Kaul and Henry Obi CBE, nominated by Helios Investment Partners. The changes follow the retirement of Simon Poole, a longstanding Nominee Director, who has stepped down after nine years on the board. Kush Saxena, former CEO of…

April 30, 2025 BY Sam Boughedda

HKEX Reports Strong Start to 2025, Sees Renewed Global Interest in China Opportunities

Group revenue and other income rose 32% year-on-year to $6.86 billion, while profit attributable to shareholders increased 37% to $4.08 billion. The exchange also recorded a 42% jump in EBITDA to $5.25 billion, with the EBITDA margin improving to 78%. Chief Executive Officer Bonnie Y Chan said: “HKEX had a strong start to the year,…

April 30, 2025 BY Sam Boughedda

Aberdeen Group AUMA Down 5.2% QoQ

The firm said the decline was due to lower markets and institutional outflows, which weighed on results. The group saw net outflows of £6.4 billion from its Investments division, primarily due to a previously disclosed £4.2 billion redemption from a low-margin Phoenix mandate. Institutional & Retail Wealth assets declined to £204.8 billion, while Insurance Partners…

April 30, 2025 BY Sam Boughedda

Cboe Futures Exchange Begins Trading in Cboe FTSE Bitcoin Index Futures

The contracts began trading Tuesday on the Cboe Futures Exchange (CFE), offering cash-settled exposure to bitcoin through the FTSE Bitcoin Reduced Value Index. The exchange stated that the new XBTF futures provide institutional and professional investors with a tool to gain or hedge bitcoin exposure. XBTF futures are cash-settled contracts. "As customer demand for crypto-based…

April 29, 2025 BY Leaprate Staff

Exness takes the spotlight at Money Expo Abu Dhabi 2025

The two-day event brought together financial experts, brokers, fintech pioneers, and traders from across the region for a deep dive into the future of finance. During the expo, Wael Makarem, Exness Senior Market Strategist, participated in two standout sessions that sparked strong engagement from attendees. In a panel discussion titled “AI & Blockchain: The Future…

April 29, 2025 BY Sam Boughedda

Crossover Markets: Kevin Wolf Appointed New CFO

Wolf, who has served on the firm’s board since June 2024, has more than 25 years of experience in capital markets, with expertise in fixed income, currencies and commodities. He joins Crossover at a time of growing institutional engagement in crypto and will aim to help the company achieve its strategic and financial goals. Most…

April 29, 2025 BY Sam Boughedda

Deutsche Börse Posts 6% Revenue Rise in Q1

The firm said EBITDA increased by 4% year-on-year to €912.3 million, while net revenue excluding treasury results — the group’s preferred metric for managing performance — rose by 10% to €1.28 billion, slightly exceeding expectations. EBITDA on the same basis climbed 11% to €681.9 million. Net profit attributable to shareholders stood at €524.9 million, with…