Sam Boughedda
LeapRate Analyst
Clearstream
July 29, 2025 BY Sam Boughedda

Clearstream Enhances Settlement Prediction Tool

The move is expected to help clients better manage settlement risks and prepare for the transition to T+1 settlement cycles. The updated tool uses artificial intelligence to forecast the likelihood of timely settlement and estimate potential penalty costs.  The firm explained that by analysing transaction details and historical settlement patterns, it can identify at-risk instructions…

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July 29, 2025 BY Sam Boughedda

Aquis Exchange Appoints Thomas Downes as Head of Markets

Downes is expected to lead the strategy, operations, and growth of the company’s pan-European multilateral trading facility. He has significant experience in electronic trading, having previously held senior roles at ITG and Virtu, where he served as Head of Electronic Trading Sales & Strategy and was a member of the Executive Committee.  Downes began his…

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Standard Chartered bank HQ
July 29, 2025 BY Sam Boughedda

Standard Chartered and Alibaba Announce Technology and Growth Partnership

Under a memorandum of understanding, the UK-based bank will collaborate with Alibaba Cloud as its strategic partner for AI technologies, aiming to boost operational efficiency and enhance customer experience.  The agreement will see the two firms co-develop AI-powered tools for customer service, sales intelligence, risk management, and compliance automation, while also promoting talent development through…

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TradeStation
July 28, 2025 BY Sam Boughedda

FINRA Fines TradeStation Securities for Misleading Crypto Communications

FINRA stated that between July and September 2022, TradeStation issued promotional materials across its website, emails, and social media platforms that failed to clearly state that crypto assets were not offered through TradeStation itself but through an affiliated entity.  The affiliate was not a FINRA member or registered broker-dealer. According to FINRA, some communications gave…

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DHF Capital Welcomes New CFO Ali Jaffari
July 28, 2025 BY Sam Boughedda

DHF Capital and Tauro Markets Announce Strategic Partnership

The Luxembourg-based securitisation firm, which specialises in diversified investment offerings across Forex, equities, and precious metals, said in a press release that it will integrate Tauro Markets’ platform and research capabilities into its operations.  The move follows Tauro Markets’ recent accolade as the “Most Trusted Multi-Asset Trading Broker UAE 2024” by International Business Magazine. “This…

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FINRA building
July 25, 2025 BY Sam Boughedda

Greenbird Capital Given a $50k Fine by FINRA

According to FINRA, the fine is related to private placement solicitations and telemarketing practices between May 2021 and December 2023. The Florida-based brokerage reportedly failed to establish, maintain and enforce adequate supervisory systems and written procedures to ensure compliance with securities laws and telemarketing rules.  The firm was found to have violated FINRA Rules 3110,…

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July 25, 2025 BY Sam Boughedda

Deutsche Börse Group Revenue Rises 4% in Q2

In a release on Thursday, the firm said that excluding the treasury component, net revenue grew 10% year-on-year to €1.3 billion, slightly ahead of internal expectations.  Operating costs rose 3% to €620 million, while EBITDA climbed 5% to €891 million. Stripping out the treasury result, EBITDA surged 19% to €684 million. Net income attributable to…

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Marex Spectron launches Marex Financial Products structured note business
July 25, 2025 BY Sam Boughedda

Close Brothers to Sell Winterflood Securities to Marex in £103.9m Deal

The transaction is expected to be completed in early 2026, subject to customary regulatory approvals from the Financial Conduct Authority (FCA) and the U.S. Financial Industry Regulatory Authority (FINRA). Close Brothers CEO Mike Morgan said, “This transaction marks another important step in simplifying the group to focus on our core specialist lending business.”  The sale…

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IG Group office1
July 24, 2025 BY Sam Boughedda

IG Group Trading Revenues Rise 12% in FY25

The brokerage stated in its release that adjusted profit before tax climbed 17% to £535.8 million, while statutory profit before tax increased 25% to £499.2 million.  The company said it has returned £397.5 million to shareholders through dividends and buybacks in FY25, and proposed a new £125 million share buyback in the first half of…

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