atfx london taxi ads
June 06, 2025 BY Sam Boughedda

ATFX Opens New Office in South Africa

The office is located in Portside Tower, in the city’s central business district. The grand opening event, held on 29 May at Hotel Sky, is said to have brought together clients, partners and industry stakeholders to celebrate the company’s latest milestone.  ATFX Chairman Joe Li and Regional Head of Africa Linton White delivered keynote addresses,…

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June 06, 2025 BY Sam Boughedda

Fiserv to Buy AIB Merchant Services

The financial terms of the deal were not disclosed. The move will see Fiserv, a provider of payments and financial services technology, take full control of one of Ireland’s largest payment solution providers and one of Europe’s major e-commerce acquirers.  The transaction is expected to close in the third quarter. Katia Karpova, Head of the…

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June 06, 2025 BY Sam Boughedda

HSBC Chairman to Step Down on September 30

The announcement follows an earlier statement in May indicating Sir Mark’s intention to retire before year-end. His departure comes as AIA Group announced Sir Mark’s appointment as its Independent Non-executive Chairman, effective 1 October.  HSBC noted that Sir Mark will continue to serve as a strategic adviser to the Group CEO and Board during the…

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Clearstream
June 05, 2025 BY Sam Boughedda

Clearstream and Azimut Partner to Develop a Digital Solution for Private Market Funds

The collaboration between Clearstream, Deutsche Börse Group’s post-trade services provider, and Azimut, a global asset and wealth manager, is said to be an extension to Clearstream’s automated fund processing platform, Vestima, with a new digital layer built on distributed ledger technology via FundsDLT. The firm explains that the pilot solution introduces an account model allowing…

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June 05, 2025 BY Sam Boughedda

Wise Sees 23% Increase in Cross-Border Volume

In its full-year results, the fintech firm announced that it served 15.6 million active customers over the year, representing a 21% increase from the prior period, with both personal and business segments growing by 22% and 11%, respectively.  Wise attributed the growth to infrastructure investments that delivered “lower fees and faster speeds,” with 65% of…

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June 05, 2025 BY Sam Boughedda

CMC Markets Reports 2% Decline in Trading and Investing Revenue, Sees Good Momentum into FY26

Underlying EBITDA rose 12% to £103.4 million, while profit before tax climbed 33% to £84.5 million, driven by improved operating efficiency and lower non-recurring charges.  The company declared a full-year dividend of 11.4 pence, up 37% from the previous year. CMC said it has entered fiscal year 2026 with “good momentum,” supported by favourable market…

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Hong Kong
June 04, 2025 BY Sam Boughedda

Sterling Trading Tech Launches Overnight Trading in US NMS Equities

The move allows the company’s clients to trade overnight via Blue Ocean ATS. The new service is said to be available through Sterling’s OMS and forms part of the company’s broader global expansion strategy.  The firm explained in a press release that clients can now access US equities markets during overnight hours, complementing Sterling’s existing…

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IG Group office1
June 04, 2025 BY Sam Boughedda

IG Partners with Uphold to Launch Crypto Trading Offering in the UK

The new service, launched in partnership with crypto asset platform Uphold, is said to be fully integrated into IG’s existing infrastructure, allowing customers to trade cryptocurrencies alongside stocks, indices, ETFs, commodities and FX within a single platform. “This is a huge moment for IG and a major milestone in the UK's crypto journey,” said Michael…

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CME Group
June 03, 2025 BY Sam Boughedda

CME Group Sees Record Volume Across its Battery Metals Complex

The derivatives marketplace said 2,587 contracts were traded across its suite of battery metals futures and options, surpassing the previous record of 2,301 contracts set on 11 February.  Open interest also reached a new peak of 64,387 contracts. “These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached…

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