September 11, 2024 BY Sam Boughedda

ASX Chair Damian Roche to Retire

Roche, who has been serving as Chair for several years, has been guiding the ASX through a period of significant transformation. However, he had come under heavy pressure in recent years, particularly regarding the replacement of its Chess clearing infrastructure. The process has resulted in the Australian Securities and Investment Commission suing the market operator.…

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September 11, 2024 BY Sam Boughedda

Naqdi Secures UAE SCA License, Looks to Expand Offerings

"This achievement underscores Naqdi's unwavering commitment to regulatory compliance, transparency, and offering innovative solutions tailored to the needs of the modern trader," the company said in its press release. The SCA license, one of the most stringent in the UAE, ensures that licensed entities adhere to the required standards of financial practice and governance. By…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 10, 2024 BY Sam Boughedda

Wise Platform Joins ABX Platform as Newest Payment Partner

Wise Platform, Wise's global payments infrastructure for banks and global enterprises, provides banks, financial institutions, and global enterprises with the capabilities, technology, and network to enable fast, secure, and cost-effective international payments for their customers. By joining the ABX Platform, it is said that Wise Platform will give AbbeyCross users access to faster, transparent, and…

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Torstone Technology expands its London headquarters
September 10, 2024 BY Sam Boughedda

AJ Bell Chief Operating Officer Roger Stott to Step Down

Roger joined AJ Bell in July 2008, and during his time at the company, he held various roles, including Group Finance Director and Chief Risk Officer. In August 2021, Stott was appointed to the company's board in the newly created role of COO, which saw him take responsibility for the operational aspects of the business.…

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September 10, 2024 BY Sam Boughedda

Alpha Group CEO Morgan Tillbrook to Step Down

Tillbrook, who has been at the helm of the financial services firm for 15 years and will continue to provide strategic advice to the company on an ongoing basis, has also committed to retaining a significant shareholding of no less than 10% in the company for at least three years. He will be succeeded by…

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September 09, 2024 BY Leaprate Staff

Algorithmic Trading Market to Grow by $15.33bn Between 2024 & 2028 on Rising AI Demand - Technavio

The surge in AI and advanced electronic trading technologies is said to be transforming the algorithmic trading landscape, enhancing liquidity aggregation, reducing trading costs, and speeding up execution times.  As a result, financial institutions are increasingly adopting the new technologies to improve transparency and optimise risk management. However, despite the market's rapid growth, the firm…

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Dukascopy bank
September 09, 2024 BY Leaprate Staff

Dukascopy Introduces Commodity CFDs for Japanese Clients

The available commodities include highly liquid instruments such as oil, gas and precious metals like bullion. Dukascopy clients in Japan can now access the instruments via both LIVE and DEMO accounts on the JForex trading platform, offering the platform's clients in the region a broader range of trading options. The expansion into commodities is part…

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September 09, 2024 BY Leaprate Staff

Saudi Startup barq Partners With Mastercard For Digital Payment Services Solutions

MasterCard states the agreement will see barq “further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services,” with responsive and personalised solutions. The partnership aligns with Saudi Arabia's Vision 2030, which aims to transform the country. Specifically, Vision 2030 is a Saudi government program that aims…

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September 09, 2024 BY Leaprate Staff

Exness Announces Significant Reductions in Trading Spreads for Gold and Oil

  With over 15 years of experience, Exness has consistently offered unparalleled trading conditions courtesy of stable and competitive spreads. They have achieved this by developing technology-driven pricing models and a comprehensive tick history, solidifying them as the go-to platform for traders. "We are thrilled to offer our clients these significant reductions in spreads," said…

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