Interactive Brokers Opens Dubai DIFC Office LeapRate

October 17, 2024 BY Sam Boughedda

Interactive Brokers Opens Dubai DIFC Office

The new office aims to capitalise on the region’s growing financial services industry, providing investors in the UAE and GCC with access to Interactive Brokers’ global trading expertise. The company’s trading technology, competitive pricing, and diverse range of investment products are expected to appeal to active traders, high-net-worth individuals, and institutional investors in the region.…

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

October 16, 2024 BY Sam Boughedda

Danske Bank Adopts Broadridge's Proxy Voting Solution

The company explained in a press release that the strategic partnership aims to enhance the accuracy and speed of the proxy voting process, empowering Danske Bank's clients to make more informed investment decisions. Danske Bank states: "The Broadridge solution streamlines the proxy voting process and ensures greater accuracy and speed, enabling Danske Bank's clients to…

October 16, 2024 BY Sam Boughedda

Devexperts Appoints Ben Hurley as New CEO

Hurley, who replaces longtime CEO Michael Babushkin, brings over two decades of experience in innovation, business process optimisation, and product development to the role. Hurley has been with Devexperts since 2022 serving as Country Manager in Ireland. He has played a crucial role in reshaping the company's operations and driving its restructuring project. The company…

October 16, 2024 BY Sam Boughedda

TradingView Enhances Futures Data for SGX and ICE Futures Singapore

The enhancements aim to improve data visibility and accuracy, providing traders with deeper insights for more informed decision-making. One of the key updates introduces flexibility in choosing between the settlement price and the last price as the closing value on charts. TradingView explains that the settlement price, calculated at the end of the trading day,…

October 15, 2024 BY Sam Boughedda

ASIC Warns of 'Significant Increase' in Reports of Stolen Shares

The regulator explained in a release that fraudsters are impersonating individuals and stealing their shares, often leaving victims unaware until they receive unexpected notifications from share registries or the Clearing House Electronic Subregister System (CHESS). According to ASIC, there has been a significant increase in reports of stolen shares since August 2024. The regulator said…

October 15, 2024 BY Sam Boughedda

Broadridge Announces Solutions and Services for International Post-Trade Processing

The company said the international post-trade processing services and solutions aim to help firms comply with the Digital Operational Resilience Act (DORA) and other global regulations mandating heightened operational resilience. They are also said to be in response to the "increased sophistication and prevalence of cyber threats, and board mandates on operational resilience." Danny Green,…

October 15, 2024 BY Sam Boughedda

UBS Told to Bolster Emergency Plans

The regulator informed the bank that it needs to ensure it can be wound down or sold without risking financial stability or taxpayer funds. As UBS integrates Credit Suisse, FINMA said it has suspended the annual approval of UBS's recovery and emergency plans. The regulator believes that additional measures are necessary to strengthen crisis preparedness…

October 15, 2024 BY Leaprate Staff

Quarter-century milestone: Deriv marks 25 years of fintech evolution

Deriv has evolved into a global frontrunner in the online trading sector, currently serving more than 2.5 million clients worldwide, with a monthly volume exceeding $650B. Its dedication to innovation has led to the introduction of new trading platforms, diverse asset classes, and comprehensive educational resources. “Today is a big day for Deriv. When I…

October 14, 2024 BY Sam Boughedda

EBC Financial Group Boosts Liquidity and Cuts Trading Costs on Major Stock Indices

The company said in its announcement on Friday that the move comes as global stock markets continue to rebound, driven by fresh capital inflows, increased IPO activity, and market corrections. EBC's liquidity enhancements are designed to provide investors with optimised, efficient trading across all global sessions, allowing them to capitalise on opportunities in the current…

October 14, 2024 BY Sam Boughedda

GCEX Unveils Enhanced Market Data Feed and Improved CFD Product

The company explained in a press release that the market data feed provides clients with real-time access to a wide range of financial instruments, including equity index CFDs, energy CFDs, commodity CFDs, crypto CFDs, spot crypto, spot FX, and bullion. The enhanced CFD product is said to offer market-leading spreads on major indices and commodities,…