Sam Boughedda
LeapRate Analyst
Euronext
January 28, 2025 BY Sam Boughedda

Euronext Agrees Deal to Buy Nasdaq’s Nordic Power Futures Business

The companies have signed a binding agreement. The move marks a notable step in the firm expanding its footprint in the European power market.  Euronext added that the acquisition aligns with its “Innovate for Growth 2027” strategy. The acquisition will see existing open positions in Nasdaq’s Nordic power derivatives transferred to Euronext Clearing, with trading…

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January 27, 2025 BY Sam Boughedda

eToro Partners with Stocktwits

The collaboration is said to be aimed at enhancing the user experience for retail investors. The initial phase of the partnership will see Stocktwits integrate a ‘trade’ button on its platform, allowing its 10 million-plus active users across more than 200 countries to trade assets directly via eToro. The button will link directly to eToro,…

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Barclays office building
January 27, 2025 BY Sam Boughedda

Barclays: Yoichi Takemura Appointed Head of Japan Macro Trading

The bank revealed that Mr. Takemura will lead the Macro Trading division in Japan, focusing on delivering tailored solutions to clients, particularly in Yen Rates.  He will collaborate closely with the Macro Distribution, Research, and Investment Banking teams to address the evolving needs of Barclays’ clients.  Furthermore, he will report functionally to Yun Zhang, Co-Head…

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FxPro Dubai Index Tower
January 27, 2025 BY Sam Boughedda

FXPro Adds Trump Meme Coin CFD to Platform

Built on the Solana blockchain, TRUMP Coin’s value is highly influenced by factors linked to President Trump, who is associated with the coin.  For instance, the cryptocurrency surged ahead of President Donald Trump’s inauguration on January 20. However, the excitement has since waned, and TRUMP Coin has tumbled, with its price down more than 38%…

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FINRA building
January 24, 2025 BY Sam Boughedda

Berkshire Global Advisors Fined by FINRA for Supervisory Failures

FINRA said that Berkshire Global Advisors failed to establish and enforce adequate supervisory systems and written supervisory procedures (WSPs) for monitoring its associated persons outside brokerage accounts. FINRA found that from October 2019, Berkshire’s oversight of outside brokerage accounts was inadequate.  The firm is said to have failed to implement effective processes to verify disclosures,…

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January 24, 2025 BY Sam Boughedda

Firstmac Fined $8 Million for Breaching Design and Distribution Obligations

It marks the Australian Securities and Investments Commission’s (ASIC) first civil penalty action against a distributor for DDO breaches. ASIC explained in a press release that the case centred on Firstmac’s marketing of its High Livez investment product, a registered managed investment scheme, to 780 existing term deposit holders between October 2021 and September 2022. …

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Acuity Trading Barcelona
January 24, 2025 BY Sam Boughedda

Acuity Trading Partners with cTrader

The collaboration brings Acuity’s suite of innovative tools directly to cTrader users, delivering features such as the AI-powered Research Terminal, NewsIQ, and AssetIQ, alongside Economic and Corporate Calendars. The tools are aimed at providing traders with market insights, curated trade ideas, and asset-by-asset analysis. They will all fully be embedded into cTrader's Plugins functionality. “This…

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TMX Group
January 23, 2025 BY Sam Boughedda

TMX Group Launches New ATS Venue AlphaX US

It marks the Toronto-based company’s markets division's first venture outside Canada, as it aims to expand its reach in global markets. AlphaX US is designed for trading Regulation NMS common stocks, exchange-traded funds, and American depositary receipts.  Open to FINRA-registered broker-dealers, the platform is said to provide a range of innovative features aimed at improving…

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IG Group appoints Ben Hemington as the company's first ESG Manager
January 23, 2025 BY Sam Boughedda

IG Group Revenue Rises 11% in H1

The company revealed in its interim results, released Thursday, that net trading revenue rose 12% year-on-year to £451.7 million, with adjusted pre-tax profit up 30% to £266.8 million, reflecting lower costs and an adjusted profit margin of 51.1%. Adjusted earnings per share surged 42% to 55.3p, and the company announced an increased interim dividend of…

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January 23, 2025 BY Sam Boughedda

Monzo Leans Towards US For Market Listing - The Times

According to a report by The Times this week, the fintech's board is divided, with CEO TS Anil said to be favouring the US for its initial public offering (IPO), while other directors advocate for a UK listing. The decision comes amid growing speculation about a possible IPO following Monzo's strong financial performance last year.…

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