Sam Boughedda
LeapRate Analyst
financial buildings
May 16, 2025 BY Sam Boughedda

Euroclear Business Income Rises 10% in Q1

According to the firm, the solid performance was driven by increased settlement activity, fixed income issuance, and higher equity valuations amid market volatility. It also helped offset a 10% decline in interest and banking income, which fell to €255 million due to a lower interest rate environment. Increased cash balances partly cushioned the impact. Operating…

Read more
Swiss Stock Exchange
May 15, 2025 BY Sam Boughedda

SIX Announces Executive Board Changes

Tomas Kindler has been appointed Head Exchanges and member of the Executive Board after serving in the role on an interim basis since January.  A long-standing executive at SIX, Kindler has held the role of interim Head Exchanges since January 1, 2025. He previously served as Head Operating Office Exchanges and Head x-clear, and has…

Read more
May 15, 2025 BY Sam Boughedda

Equiduct Announces Swiss Market Expansion

The segment is said to grant retail brokers access to 138 of the most liquid Swiss-listed stocks, including blue-chip names such as Nestlé, Novartis, UBS and ABB. They added that all of the securities are priced in Swiss francs and available through Equiduct’s Apex platform. The expansion marks a milestone for the pan-European retail-focused exchange,…

Read more
May 14, 2025 BY Sam Boughedda

Standard Chartered and FalconX Announce Partnership

In the initial phase of the partnership, Standard Chartered will provide FalconX with a “comprehensive suite of banking services,” including access to a broad range of currency pairs and enhanced cross-border settlement infrastructure.  FalconX will also initially integrate Standard Chartered's banking infrastructure. The integration is expected to improve the speed, scale and reliability of FalconX’s…

Read more
Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
May 14, 2025 BY Sam Boughedda

Broadridge Awarded New Patent on LLM Orchestration of Machine Learning Agents

The firm said in a press release that the technology underpins BondGPT, Broadridge’s generative AI application integrated into the LTX electronic trading platform, and its enterprise version, BondGPT+. Released in 2023, BondGPT and BondGPT+ are said to allow corporate bond traders, portfolio managers and analysts to query complex datasets using natural language.  Broadridge explained that…

Read more
May 14, 2025 BY Sam Boughedda

eToro IPO Priced at $52 a Share

The shares are set to debut on the Nasdaq Global Select Market on 14 May under the ticker symbol "ETOR".  The IPO is expected to raise approximately $620 million, valuing the stock and cryptocurrency trading platform at around $4.2 billion. Founded in 2007, eToro has established itself as a major player in retail investing, competing…

Read more
May 13, 2025 BY Sam Boughedda

ABN Amro Appoints Yorick Naeff as Head of Innovation

The move is effective 1 February 2026. Naeff, who was previously an “entrepreneur in residence” at Techleap, is currently CEO and co-founder of Dutch investment platform BUX.  He has nearly two decades of experience in the financial sector, including previous roles as a strategy consultant and senior manager at ING.  “With his strong vision and…

Read more