Deutsche Börse’s SimCorp and Clearstream Launch Strategic Partnership LeapRate

May 23, 2025 BY Sam Boughedda

Deutsche Börse’s SimCorp and Clearstream Launch Strategic Partnership

The collaboration aims to provide buy-side firms with access to a broader range of services and enhanced operational efficiency. The first live product of the partnership is a fund data management service delivered through Clearstream’s Kneip platform. This is said to allow SimCorp clients to outsource the dissemination of fund data, documents and regulatory reporting,…

May 23, 2025 BY Sam Boughedda

AJ Bell Revenue Rises 17% in H1, Sees Strong Growth in Customer Numbers

Profit before tax rose 12% to £68.8 million, while diluted earnings per share climbed 11% to 12.36 pence. The company told investors that it maintained a robust revenue margin of 32.4 basis points, though the profit margin dipped slightly to 44.9% due to increased investment in brand and product development. Customer numbers grew to 593,000,…

May 19, 2025 BY Sam Boughedda

Capital One Completes Discover Acquisition

Under the terms of the deal, announced in February 2024, Discover shareholders received 1.0192 Capital One shares for each Discover share, representing a 26.6% premium. “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences,” said Capital One CEO Richard Fairbank. “We are well-positioned to continue our…

May 16, 2025 BY Sam Boughedda

Plus500 Hires Nick Scarf as CEO of Australian Entity

Scarf announced the move in a LinkedIn post, stating, “I’m happy to share that I’m starting a new position as Chief Executive Officer at Plus500 Australia!” Though Plus500 has yet to formally confirm the appointment, reports state Scarf is expected to replace Sean Murphy, who led the Australian unit for the past 10 years. Scarf…

May 16, 2025 BY Sam Boughedda

eToro Partners with Generali to Launch a PER and Life Insurance Offer in France

The new products are being offered via eToro’s French subsidiary, eToro Patrimoine, and mark a step in the platform’s expansion into long-term savings. The announcement comes as shares of the stock brokerage platform surged in their Nasdaq debut on Wednesday, after it raised around $310 million in an initial public offering. The PER and life…

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…

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,…

May 15, 2025 BY Sam Boughedda

Deutsche Börse elects Clara-Christina Streit Chairwoman of the Supervisory Board

Jetter’s resignation was announced in September 2024, and he stepped down at the end of the company’s Annual General Meeting on 14 May 2025. Streit, 56, succeeds Jetter, who had served on the Supervisory Board since 2018 and as its Chair since 2020. Her nomination was proposed by the Supervisory Board in December 2024. She…

May 14, 2025 BY Sam Boughedda

Cboe Expands Data Vantage Sales Team: Hires Junichi Nakagawa and Samuel Zou as Sales Directors

The firm said the move reflects growing demand for market data and analytics across the region. Mr. Nakagawa, based in Japan, will focus on market data sales, while Mr. Zou, based in Singapore, will lead the growth of analytics and indices services. Their appointments are part of Cboe’s strategy to strengthen its presence in Asia…

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…

Category: Forex