Sam Boughedda
LeapRate Analyst
June 30, 2025 BY Sam Boughedda

ASIC Sues Delta Power & Energy: Alleges Futures Market and Financial Benchmark Manipulation

In civil penalty proceedings filed in the Federal Court, the Australian Securities and Investments Commission (ASIC) claims that Delta (formerly named Sunset Power International Pty Ltd) placed orders for New South Wales Peak Load Electricity Futures Contracts on 30 occasions between 8 September and 6 October 2022 with the intent of improperly influencing the daily…

Read more
NatWest branch1
June 27, 2025 BY Sam Boughedda

NatWest and Marex Partner on New Cross Margining Solution

The partnership aims to enhance margin efficiency for clients active in foreign exchange markets. According to a press release, the initiative will allow clients who access FX Futures through Marex and use NatWest’s FX prime brokerage services to benefit from margin offsets.  This is expected to reduce collateral requirements while maintaining clients’ preferred trading relationships.…

Read more
Capital.com: female traders have higher levels of education compared to male traders
June 27, 2025 BY Sam Boughedda

Capital.com Announces Enhanced $1m EU Client Protection Insurance Scheme

Effective from 1 June 2025, the policy provides coverage of up to $1 million per client in the event of the company’s insolvency. The insurance, underwritten by Lloyd’s of London, operates independently of the Investor Compensation Fund (ICF), which already protects eligible retail clients under CySEC regulations for up to €20,000.  Capital.com said the additional…

Read more
June 27, 2025 BY Sam Boughedda

Coinbase to Launch US Perpetual-Style Futures

The cryptocurrency exchange explained in a press release that the products are designed to replicate the functionality of global perpetual futures while remaining fully compliant with the Commodity Futures Trading Commission (CFTC) regulations. Perpetual futures are said to dominate international crypto markets, accounting for more than 90% of trading activity in some estimates.  However, such…

Read more
June 27, 2025 BY Sam Boughedda

eToro Partners with Franklin Templeton on Target-Date Portfolios

According to the companies, the move is designed to help retail investors achieve their long-term financial goals through target-date strategies. The portfolios are said to automatically adjust asset allocation and risk exposure over time, shifting from growth-focused equity investments to more conservative fixed income as the target date approaches.  eToro explained that each portfolio is…

Read more
June 20, 2025 BY Sam Boughedda

Elon Musk's X App to Add Trading and Investing Features

According to reports, X CEO Linda Yaccarino confirmed at the Cannes Lions festival that users will “soon” be able to “transact your whole financial life on the platform.”  She added that it could include paying for a pizza, “or making an investment or a trade.”  The app is also reportedly developing a digital wallet and…

Read more
June 20, 2025 BY Sam Boughedda

ICE Launches Average Prime Offer Rates (APOR) Index

The index, which is updated weekly and available on the ICE Index Platform, is said to aim to complement the APOR figures currently published by the Consumer Financial Protection Bureau (CFPB). The exchange explained that ICE APOR reflects the annual percentage rates based on average interest rates, points, fees and other terms offered on prime…

Read more
BMO Financial Group Office photo
June 20, 2025 BY Sam Boughedda

BMO Agrees $625m Deal to Acquire Burgundy Asset Management

The move expands the bank’s wealth management services for high-net-worth and ultra-high-net-worth clients. The transaction will see Burgundy, an independent wealth manager with around $27 billion in assets under management as of May 31, integrated into BMO Wealth Management.  Burgundy’s expertise is said to be in its discretionary investment management for private clients, foundations, pensions,…

Read more