Sam Boughedda
LeapRate Analyst
financial buildings
July 18, 2025 BY Sam Boughedda

Euroclear's Q2 Business Income Strong, But 'Marked by Volatility'

However, the second quarter was shaped by geopolitical uncertainty and continued market volatility, the company said. Q2 business income remained consistent with the strong first quarter, while issuances stayed robust.  “We are reporting robust results for the first half of 2025, in line with our expectations,” said Valérie Urbain, Euroclear’s CEO. “Our business income continues…

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July 18, 2025 BY Sam Boughedda

Citi and Ant International Pilot AI-Enabled Forecasting Solution

The companies explained in a press release on Friday that the programme is using artificial intelligence to improve forecasting accuracy and reduce hedging costs. The collaboration centres on Ant International’s Falcon Time-Series Transformer (TST) Model, which incorporates AI-powered time series forecasting with nearly 2 billion parameters.  Combined with Citi’s Fixed FX Rates solution, the tool…

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July 18, 2025 BY Sam Boughedda

Webull to Consolidate Crypto Entities, Reintegrate Webull Pay

The move follows Webull’s crypto trading launch in Brazil last month and is part of a broader push to expand digital asset offerings globally.  The company explained that the arrangement will see Webull Pay Inc., the parent company of Webull Pay LLC, become a subsidiary of Webull Corporation (NASDAQ: BULL).  The transaction has been approved…

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Clearstream
July 17, 2025 BY Sam Boughedda

Carlyle and Clearstream Partner to Broaden Access to Private Market Funds

The companies said in a press release that the move will simplify the process of investing in private markets and broaden access for wealth managers and their clients. They explained that by leveraging Clearstream Fund Services’ platform, Carlyle will gain exposure to more than 300 distribution partners, including major global wealth managers with strong footprints…

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financial buildings
July 17, 2025 BY Sam Boughedda

Fastmarkets Completes Annual Assurance Review, Reinforces Commitment to IOSCO Compliance

The review, conducted by BDO and completed as of June 30, 2025, assessed Fastmarkets’ methodologies and governance across key price assessments and indices spanning metals and mining, forest products, and agricultural markets.  It also included benchmarks administered by Fastmarkets Benchmark Administration Oy (FBA Oy), the group’s Finland-based entity responsible for EU Benchmark Regulation (BMR) compliance.…

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July 16, 2025 BY Sam Boughedda

Worldline Unveils AI-Powered Routing to Lift Payment Authorisation Rates

The Paris-based payments giant said on Wednesday that its AI routing solution, now live following successful pilot programmes, delivers a more than 2% improvement in authorisation rates, building on the 3% uplift already achieved through rule-based routing alone.  They noted that one pilot customer reported a revenue increase of €1.63 million from higher authorisation rates…

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July 16, 2025 BY Sam Boughedda

eToro Expands into Singapore After Securing Capital Markets Services Licence

The move marks a key milestone in eToro’s strategy to expand its presence across Asia-Pacific.  The company stated that with the licence now in effect, eligible retail investors in Singapore can access a broad range of financial instruments through eToro’s platform, including stocks from over 20 global exchanges, exchange-traded funds, and derivatives. “This is an…

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July 15, 2025 BY Sam Boughedda

JPMorgan Fined by FINRA, Ordered to Pay Over $2 Million

FINRA found that between January 2017 and December 2018, JPMS failed to maintain a supervisory system capable of identifying whether its representatives were recommending unsuitable short-term trades in syndicate preferred stocks to retail customers.  The regulator said that at least 15 JPMS representatives were found to have advised customers to buy and then sell these…

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