Bank of America announced last week that it plans to launch a cross-border real-time payments solution that will allow corporate, commercial, and financial institution clients to send and receive funds internationally in real time. The service is expected to go live next quarter. The offering will be accessible via Swift or the bank’s existing CashPro digital platform, through API or host-to-host connectivity, and is designed to support high-volume, low-value payment flows such as international remittances, gig-worker payouts, and e-commerce marketplace vendor payments.  Person-to-person and business-to-consumer cross-border flows are projected to increase by 58% and 131%, respectively, by 2032. The solution will connect to several domestic real-time payment networks, including the Faster Payments Service in the United Kingdom, SPEI in Mexico, and the Unified Payments Interface in India.  Bank of America explained that clients will also be able to receive inbound real-time payments into the United States.  Funds will be delivered to beneficiaries in local currency, with full principal preservation, meaning no lifting fees or deductions are applied en route. “This new capability directly supports the G20 payment objectives while giving our clients a scalable, reliable way to move money globally—without adding operational complexity,” commented Mark Monaco, head of global payments solutions at Bank of America. Additional features include real-time payment tracking, pre-validation of recipient account information to reduce failed payments, and the ability to initiate payments at any time, with funds typically delivered within seconds or minutes.  Bank of America processes more than $450 trillion in payments annually and invests approximately $1 billion each year in payments technology.The post Bank of America to Launch Cross-Border Real-Time Payments Solution first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

The Financial Conduct Authority said last week that it has required Euro Exchange Securities UK Limited to cease all regulated electronic money and payment services, with interim managers subsequently appointed by the Court to oversee the firm’s affairs pending further legal proceedings. The regulator acted on 4 June 2026, citing serious concerns about the way EES operated its business, including systemic weaknesses in the firm’s financial crime framework and safeguarding arrangements, as well as issues relating to its ownership and governance.  The FCA noted that these risks posed a threat to both consumers and market integrity. The appointment of interim managers was made under the Payment and Electronic Money Institution Insolvency Regulations 2021, with Duncan Perring and James Bennett of Teneo Financial Advisory Limited named to the roles.  As officers of the Court, the interim managers have been tasked with temporarily overseeing EES’s affairs until the next Court date, scheduled for 11 June 2026. At that hearing, EES will have an opportunity to be heard, following which the Court may lift the current order or place the firm into special administration. The FCA’s intervention reflects continued regulatory scrutiny of electronic money institutions and payment service providers, with the regulator having stepped up its oversight of the sector in recent years.The post FCA Halts Euro Exchange Securities UK Operations Amid Financial Crime Concerns first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

ATFunded, the proprietary trading arm of retail broker ATFX, has announced the suspension of its operations, citing the need to conduct a full review of the business and assess the long-term sustainability of its current model. In a statement issued to traders, ATFunded said the prop trading industry had evolved considerably and that it was important to pause, stabilise, and evaluate alternative models that better align trader success with company sustainability.  The firm did not provide a specific timeframe for the review or indicate whether operations would resume. ATFunded addressed trader concerns over outstanding balances, confirming that all customers with active accounts would receive a full refund of their purchase fees and that all funded traders with eligible profits would receive payouts in accordance with the firm’s rules.  Further details on timelines and processes were to be communicated directly to affected traders in the days following the announcement. The platform’s MetaTrader 5 environment was set to close-only mode, with all trades required to be closed by 1 pm EST on the day of the announcement. The closure adds to a growing list of prop trading firms to have wound down or restructured in recent months, as the sector faces mounting questions around the viability of challenge-based funding models and the balance between trader payouts and operational costs.The post ATFunded Pauses Operations and Promises Refunds first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Intercontinental Exchange’s benchmark arm has introduced two new regulated reference rates for the inflation swap market, targeting growing demand for inflation risk management tools across the U.K. and Eurozone. ICE Benchmark Administration (IBA), a subsidiary of Intercontinental Exchange (NYSE: ICE), has launched two new ICE Swap Rate Inflation Swap benchmarks covering GBP and EUR, effective June 5, 2026. The new benchmarks are tied to two key inflation indices — the U.K. Retail Prices Index (RPI) for GBP and the Eurozone Harmonised Index of Consumer Prices excluding tobacco (HICP ex-tobacco) for EUR — both based on zero-coupon inflation index swaps. Published daily across tenors spanning 1 to 30 years, the rates are calculated using IBA’s established ICE Swap Rate Waterfall Methodology, drawing on dealer-to-client data supplied by Tradeweb. The launch expands IBA’s existing ICE Swap Rate suite, which already covers benchmarks referencing EURIBOR, €STR, SONIA and SOFR, among others. Clive de Ruig, President of IBA, said the move reflects heightened market interest in inflation-linked instruments amid shifting macroeconomic conditions. “Amid evolving inflationary pressures and shifting central bank policies across the U.K. and Eurozone, the demand for inflation risk management tools has grown,” he stated, adding that the new benchmarks are designed to deliver “certainty and predictability in inflation swap settlement.” ICE Swap Rate holds “critical benchmark” status under the U.K. Benchmarks Regulation and “significant benchmark” designation under the EU Benchmarks Regulation, underscoring the regulatory credibility behind the new offering.The post ICE Benchmark Administration Launches Inflation Swap Benchmarks for GBP and EUR first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Euronext has unveiled a modernised listing framework alongside the entry into application of key provisions of the EU Listing Act, marking what the pan-European exchange group is calling a pivotal moment for European capital markets. The new legislation, which reviews the Prospectus and Market Abuse regimes as well as rules governing the admission of securities to European stock exchanges, introduces a series of changes designed to make European markets more accessible — particularly for small and medium-sized enterprises (SMEs). Among the directly applicable measures are a raised prospectus exemption threshold of €12 million, the adoption of English as the standard disclosure language, a unified prospectus format replacing fragmented national templates, and more proportionate Market Abuse Regulation (MAR) rules to ease the regulatory burden on listed companies. A reduction of the free float requirement to 10% is also anticipated, pending further national transposition. In response, Euronext has released a suite of ready-to-use standardised templates — including the European IPO Prospectus, European Growth Prospectus, and European Follow-on Prospectus — to help issuers and advisers navigate the new framework. The exchange group is also revising its Information Document for MTFs Euronext Growth and Euronext Access, cutting the document’s length by half. A central announcement is the launch of the MyEuronext Digital Platform, a single digital access point for listing candidates and their advisors across all Euronext markets. The platform is designed to streamline admission processes and reduce execution risk. Mathieu Caron, Head of Primary Markets at Euronext, said the combined initiatives would make “the listing process more efficient and accessible, contributing to the continued strengthening of European capital markets.”The post Euronext Launches New Admission Framework as EU Listing Act Takes Effect first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Swiss-regulated Dukascopy Bank has significantly expanded its multi-asset trading offering with the launch of a dedicated Stock Trading Platform, giving traders access to more than 25,000 CFDs on stocks and ETFs from global markets. The new platform is designed to complement — rather than replace — the broker’s existing JForex environment, operating as a separate trading interface accessible directly through JForex4 Desktop. It represents a substantial step up in equity market coverage compared to JForex, which currently lists over 1,500 stocks and ETFs across 18 markets. The Stock Trading Platform opens access to over 25,000 instruments across 20 markets, with plans to scale that figure to 87 markets in the future. However, traders should note several key differences between the two environments. The new platform supports long-only positions with no leverage (1:1), compared to JForex’s short and long capability with up to 1:10 leverage. Automated trading strategies, available on JForex, are not supported on the new platform. Additionally, stocks and ETFs already listed on JForex will not appear on the Stock Trading Platform to avoid duplication. Funding for the new platform flows exclusively through a dedicated JForex sub-account, though all existing JForex funding methods — including wire transfer, payment cards, Skrill, Neteller, and crypto — remain available. Getting started is straightforward: clients open a Stock CFD sub-account via their Client Cabinet, transfer funds from their JForex account, and begin trading through the Services section in JForex4 Desktop. The launch positions Dukascopy among brokers aggressively broadening equity CFD access for retail traders.The post Dukascopy Launches Dedicated Stock Trading Platform with Access to 25,000+ CFDs first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Online investment platform Webull has launched mutual funds for individual retirement account holders in the United States, expanding its suite of long-term investing and retirement solutions as the Nasdaq-listed firm continues to broaden its product range. The new offering gives eligible IRA customers access to professionally managed mutual funds, allowing investors to build more diversified portfolios directly within the Webull platform. The launch covers no-load mutual funds and is currently available in beta for a select group of US-based customers, with a full rollout to all IRA accounts planned in the near term. The available fund lineup is expected to grow through the addition of new funds and CUSIPs, and support for ACAT transfers of mutual fund positions is anticipated in a future release. Mutual funds pool investor capital into diversified portfolios of stocks, bonds, and other securities managed by professional portfolio managers. They are widely used for retirement and long-term investing due to the diversification, simplified portfolio construction, and access to professionally managed strategies they provide. Lindsay Ryan, head of US products at Webull, said expanding access to mutual funds within IRA accounts would allow investors to more easily diversify their portfolios and manage retirement savings through a single platform. She said the addition of more investment choices within one streamlined experience was designed to help clients simplify long-term financial planning. The launch is intended to serve investors contributing to retirement accounts, rolling over retirement assets, or seeking greater diversification through professionally managed products, and forms part of Webull’s broader effort to position itself as a comprehensive destination for long-term investing.The post Webull Adds Mutual Funds to IRA Accounts in Bid to Broaden Retirement Offering first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Financial platform Airwallex revealed Thursday that it has acquired Leapfin, a financial data automation platform specialising in revenue recognition and reconciliation. Airwallex expects the deal to extend its capabilities across the full financial lifecycle. The acquisition is said to enable Airwallex to offer businesses a smoother path from operational transaction data to GAAP-ready financials. It will combine Leapfin’s revenue accounting expertise with Airwallex’s global payments infrastructure. The two companies plan to launch new product capabilities in the coming months and build on Leapfin’s technology to simplify reconciliation, revenue recognition, and broader record-to-report processes. Jack Zhang, chief executive and co-founder of Airwallex, stated: “Leapfin has solved a notoriously difficult engineering problem by turning messy transactional data into an auditable, single source of truth. Bringing Leapfin’s powerful data engine and accounting AI agents into the Airwallex ecosystem allows us to close the loop on the entire financial lifecycle, from accepting payments to closing the books.” Airwallex processes more than $266 billion in annual transaction volume and serves over 250,000 customers globally. The firm said the addition of Leapfin would allow high-growth businesses on its platform to accelerate reconciliation, eliminate manual spreadsheets, and automate revenue recognition at scale. Ray Lau, chief executive and co-founder of Leapfin, said joining Airwallex would provide the “backing of a global platform to accelerate our roadmap, scale our engineering resources, and deliver even greater value to the customers who trust us with their critical financial workflows.” Leapfin’s core product, leadership, and engineering teams will continue operating under the Airwallex umbrella, with continuity assured for existing customers. Financial terms of the acquisition were not disclosed.The post Airwallex Acquires Financial Data Automation Platform Leapfin first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Visa has announced a collaboration with stablecoin infrastructure firm Brale to explore privacy-enabled, blockchain-based settlement for institutional payment flows, using SBC — a U.S. dollar-backed stablecoin issued by Brale — on the Canton Network. The proof of concept will assess how Canton’s privacy architecture can support faster, more programmable settlement while allowing financial institutions and payment companies to retain strict control over the visibility of sensitive transaction data. Unlike many public blockchain networks, Canton is specifically designed to let participants transact on shared infrastructure without exposing confidential transaction details to all network participants. Visa first enabled stablecoin settlement in 2021, and has been gradually expanding its blockchain capabilities since, allowing VisaNet obligations to be settled using supported stablecoins. The latest collaboration with Brale represents a step toward evaluating SBC as an additional stablecoin option for institutional use cases, with the asset’s native support on Canton offering a practical testing ground. Cuy Sheffield, Head of Crypto at Visa, said: “Through our work with Brale, we’re exploring how SBC on the Canton Network can support institutional settlement use cases that require both programmability and privacy controls.” Ben Milne, founder and CEO of Brale, added that financial institutions are “increasingly looking for stablecoin infrastructure that meets their operational, regulatory, and privacy requirements,” and described the Visa collaboration as “an important step toward making stablecoin-based settlement more practical and scalable.” The announcement reflects growing institutional demand for compliant blockchain settlement solutions, as the broader stablecoin market continues to mature. Visa views stablecoins as a “scalable, next-generation settlement layer for global payments.”The post Visa and Brale Partner to Test Private Stablecoin Settlement on Canton Network first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Brokeree Solutions has launched an Integration API for its PAMM money management system, enabling brokers, financial institutions, and crypto companies to embed managed account services directly into proprietary trading platforms and non-standard infrastructures — removing a longstanding dependency on MetaTrader and cTrader environments. The release builds on Brokeree’s decade-long development of its PAMM system, which allows multiple investors to pool capital into a single strategy managed by a professional trader. The technology automatically handles profit and loss allocation, fee calculations, and investor reporting. With the new API, firms can now connect these capabilities to their own platforms regardless of their underlying technology stack. “It gives companies a structured way to connect PAMM to their own platforms, regardless of the technology stack they have built around,” said Tatiana Pilipenko, Regional Head of Business Development (APAC, UK, Americas) at Brokeree Solutions. “We want PAMM to be available wherever there is demand for managed account services, and the API is what makes that possible.” The launch follows Brokeree’s own industry research, which found that nearly 15% of approximately 1,000 retail brokers analysed globally already offer PAMM services — suggesting meaningful headroom for further adoption across the wider sector. The PAMM Integration API arrives just weeks after Brokeree released a Social Trading Integration API, which similarly extended its copy trading technology beyond the major platform duopoly. Together, the two APIs represent a push to make Brokeree’s flagship investment tools universally deployable. “Professional money management should not be restricted by trading infrastructure,” said Victor Ivanov, Regional Head of Business Development (EMEA) at Brokeree Solutions. “This release is about giving brokers and financial institutions the freedom to build managed account services into their offerings on their own terms.”The post Brokeree Solutions Launches PAMM Integration API to Extend Managed Accounts Beyond MetaTrader and cTrader first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

State Street Corporation (NYSE: STT) has been selected by Principal Financial Group to provide custody, fund accounting, and administration services for Principal Funds, the two companies announced on June 4, 2026. The expanded mandate will see Principal leverage State Street’s integrated investment servicing platform and global operating scale to support the ongoing development of its mutual fund business. The move signals Principal’s strategic intent to align its operating model with scalable infrastructure as it broadens its investment offerings. The appointment deepens a relationship that has spanned more than a decade, during which State Street has supported Principal across a range of investment vehicles, including exchange-traded funds (ETFs) and collective investment trusts (CITs). Joerg Ambrosius, President of Investment Services at State Street, said the firm was well-positioned to enhance Principal’s operational efficiency as it enters its next phase of growth. “By bringing together our global scale, deep expertise and integrated servicing capabilities, we are well positioned to enhance operational efficiency and support the continued evolution of their investment products,” he said. Kamal Bhatia, President and CEO of Principal Asset Management®, framed the decision as part of a broader outsourcing and strategic partnering strategy. “This transition reflects our focus on strategic partnering and outsourcing that accelerates our business for long-term profitable growth,” he commented. State Street currently holds US$54.5 trillion in assets under custody and/or administration and US$5.6 trillion in assets under management, as of March 31, 2026, and operates across more than 100 geographic markets worldwide.The post State Street Expands Partnership with Principal Financial Group for Mutual Fund Servicing first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Around 60% of retail traders trade on mobile, making mobile advertising an obvious priority for brokers. With this in mind, cTrader has integrated AppsFlyer, The Modern Marketing Cloud and a global leader in mobile attribution and marketing analytics, to give brokers the opportunity to launch and track mobile advertising campaigns for their branded cTrader mobile apps. For cTrader brokers, this is a chance to engage and convert the largest and fastest-growing community of mobile traders.They can now run targeted campaigns that bring prospective traders into their branded mobile app, with full visibility into which campaigns, creatives and channels are performing. The integration has been successfully piloted and is now available for all cTrader clients. How it works Once registered with AppsFlyer, a broker launches a campaign through Google Ads or Meta Ads using AppsFlyer attribution links. When a prospective client clicks the ad, AppsFlyer captures the source, campaign, creative, and then redirects them to the App Store, Google Play or the broker’s website. Once the app is installed and opened, AppsFlyer attributes the trader to the campaign that brought them in. With this data available, brokers can more easily see which campaigns drive installs, which channels bring higher-quality prospects, how users behave after installation and where acquisition budgets can be optimised based on real mobile activity. Yiota Hadjilouka, COO of Spotware Systems, commented: “At Spotware, our focus is on giving brokers the technology and solutions to grow their business. With AppsFlyer integration, cTrader brokers can now run mobile advertising campaigns directly to their branded apps – opening up an acquisition channel that wasn’t available to them before – and one that remains unique to the cTrader environment.” Contact the Spotware team to integrate AppsFlyer for your branded cTrader mobile app.   About AppsFlyer AppsFlyer, The Modern Marketing Cloud, is a global leader in mobile measurement, attribution and marketing analytics, helping brands understand, optimise and protect their customer acquisition activity across mobile, web and connected TV. AppsFlyer brings together measurement, deep linking, engagement, fraud protection, data clean rooms and privacy-preserving technologies, giving businesses a trusted view of campaign performance while supporting data privacy requirements. Founded in 2011, the company works with leading brands, agencies and technology partners worldwide. About cTrader cTrader is a premium trading platform launched in 2010, built on Traders First principles, serving over 11 million traders of all experience levels as well as 300+ brokers and prop firms. With advanced native charting, built-in social trading and free cloud execution for trading bots, cTrader delivers an excellent trading experience with best-in-class trader support. cTrader Store is a central hub for traders, offering thousands of bots, indicators, copy strategies, prop challenges and plugins. For brokers and prop firms, cTrader Store increases visibility among prospective traders through dedicated Brokers, Props and Prop Challenges sections, driving up to 10,000 daily visits. As an Open Trading Platform, cTrader supports brokers and prop firms with 100+ third-party integrations via APIs and plugins.The post cTrader integrates AppsFlyer, letting brokers promote their branded mobile apps first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Continuing expectations of a treaty in the Gulf have been somewhat negative for the greenback. News on 4 June that Israel and Lebanon had agreed a ceasefire seemed to be positive for progress between the USA and Iran with participants in financial markets remaining generally confident that the conflicts will be resolved within the next few weeks. The key data for CFDs on 5 June is the American job report. This article summarises recent news and the context of the American job market then looks briefly at the charts of EURUSD and USDJPY. The latest financial news has been dominated by speculation about SpaceX’s IPO announced late GMT on 3 June. However, for CFDs specifically, oil retreated somewhat while gold bounced on 4 June as participants continued to see the light at the end of the tunnel for the Gulf conflict. With Israel and Lebanon having agreed a ceasefire, one primary sticking block between the USA and Iran might have been removed. However, Hizballah wasn’t consulted about the Israeli-Lebanese agreement and it didn’t give a timeline for the end of Israel’s current occupation of border areas in southern Lebanon. While traders will continue to monitor major news from the Middle East and the Gulf, they’re also gearing up for 5 June’s NFP. There’s some variation in expectations but overall the consensus is for a somewhat weaker release than last month’s strong data: May’s NFP covering April was the first consecutive positive NFP in more than a year and indicated that the labour market in the USA might be resilient. March’s figure was also revised slightly up to 185,000. The consensus on 4 June was for about 85,000 for the next NFP but the actual release is almost certain to diverge from that one way or the other. While the NFP proper has been more positive in the last couple of months, unemployment has remained more-or-less stable for some time:   Unemployment has clearly risen from the average in 2022 and 2023 but doesn’t show any immediate sign of pushing consistently much higher when considered with recent NFPs and demographic factors. A relatively decent job market – or at least certainly not as negative as had been expected in some quarters six months ago – is a positive factor for the Fed, giving it flexibility to hike rates if inflation continues to rise.   So far, there’s no immediate urgency for tighter monetary policy given that the worst effects of the Gulf conflict on American inflation now seem unlikely at least for now. The economic pressure on the American government to end the war even with less favourable terms is high. Expectations for the funds rate at the end of the year are about evenly divided between hold (46% according to CME FedWatch) and at least one hike (52%). Between the NFP on 5 June and American inflation the following Wednesday, traders will have plenty to chew on both for short-term movements and where the Fed’s heading. Euro-dollar bounces from support as the NFP approaches Apart from continuing intrigue about a potential agreement in the Gulf, the focus for the euro recently has been on monetary policy. The ECB is nearly certain to hike its main refinancing rate to 2.4% on 11 June. Current expectations suggest a total of 2-3 hikes by the ECB before the end of 2026 while there’s still considerable uncertainty over whether the Fed will hold or hike once. The price bounced again on 4 June from the likely support around $1.16 which coincides with the 23.6% weekly Fibonacci retracement. Volume has been significantly lower in the last few days, which is normal in the context of the upcoming NFP, American inflation and meeting of the ECB. The 50 SMA from Bands around $1.17 is likely to cap gains in the immediate future but each of the other moving averages between there and the current price could also be important. There’s no indication of saturation, so the strength so far of the bounce might suggest further limited gains to come although these would be unlikely to continue if the NFP is again clearly stronger than the consensus. Dollar-yen nearing intervention area again Dollar-yen’s recovery from last month’s intervention has continued in June so far with the price holding around ¥160. The latest intervention by the Japanese authorities was worth over ¥11 trillion but didn’t have any clear, lasting effect in shoring up the struggling yen. Divergence in monetary policy remains a key factor in the yen’s weakness while the Japanese economy’s dependence on imported raw materials also seems to make it more vulnerable to an extension or possible escalation of the Gulf conflict. Participants expect the BoJ to hike to 1% on 16 June despite inflation significantly below target. ‘The trend is (usually) your friend’ but the ongoing direction for dollar-yen seems less certain: another, maybe even larger,  intervention certainly seems possible if the price holds around ¥160 for more than a few days. ¥156.50 is a possible support given that the price failed to break through there in late April and early May amid very long tails of several periods. Although the golden cross of the 20 SMA above the 50 SMA from Bands can probably be ignored in the context, overall a significant retracement without a fundamental narrative remains questionable. Some technical retracement lower is quite likely sooner or later, though, especially if the NFP is weaker than expected, given the strong overbought signal from the slow stochastic, low volume accompanying the bounce over the last month and significantly lower volatility. For the latest analysis, ideas for trading and more, follow Michael on X: @MStarkExness.  The opinions in this article are personal to the writer; they do not represent those of Exness. This is not a recommendation to trade.  The post Some losses for the dollar ahead of the NFP first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

CMC Markets (LON: CMCX) has reported its strongest financial performance since the Covid-impacted FY2021 year, posting net operating income of £392.6 million for the period ended 31 March 2026 — a 15% increase on the £340.1 million recorded in FY2025. Profit before tax rose 20% to £101.3 million, with the pre-tax margin expanding to 25.8%, while EBITDA climbed 14% to £117.8 million. The full-year dividend was lifted 21% to 13.8 pence per share, in line with the group’s 50% profit distribution policy. The results reflect the continued buildout of CMC’s institutional and B2B revenue streams. Its neobank API partnership delivered exceptional growth in new account openings and trading volumes during the year, demonstrating the scalability of the group’s proprietary technology infrastructure as a white-label distribution engine. In Australia, the stockbroking business posted net operating income of A$140.3 million, up 32% year-on-year, with the platform build for the Westpac and ASB Bank white-label partnerships progressing well and on track for launch within the next 12 months. The Westpac deal alone involves approximately A$39 billion in assets under administration across half a million share-trading accounts. In the UK, Invest UK continued to progress a Tier 1 institutional partnership with a major international bank, and signed a new agreement with retailer Currys to expand its B2B footprint. Looking into FY2027, CMC guided for net operating income of between £460 million and £480 million — growth of at least 17% — supported by the rollout of its multi-asset Super App, European certificates and warrants expansion, and continued scaling of its digital asset and Web3 infrastructure.The post CMC Markets Posts Record Net Operating Income in FY2026, Eyes Institutional Scale in FY2027 first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

On Wednesday, global financial services giant State Street Corporation (NYSE: STT) announced a strategic collaboration with Jadwa Investment, a prominent Middle Eastern investment management and advisory firm, to expand institutional offerings in Oman. The Memorandum of Understanding (MoU) was signed on June 1, 2026, at the annual Oman Capital Market Conference in Muscat. It formalises a working relationship between the two firms that had already been developing. Under the agreement, State Street and Jadwa will jointly identify and develop opportunities across advanced asset servicing and global custody capabilities for institutional clients operating within the Sultanate. State Street has maintained a local office in Muscat and has been servicing institutional clients in the country for more than two decades. Jack Keshishian, Head of Middle East and North Africa (ex KSA & Bahrain) at State Street, said the partnership reflects the firm’s “continued commitment to the Middle East.” “We see significant opportunity in combining our global asset servicing expertise with Jadwa’s regional insights and investment capabilities to better support Omani clients,” he added, noting alignment with Oman’s Vision 2040 agenda. Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, echoed the sentiment, stating: “By leveraging our combined strengths, we aim to broaden access to high-quality investment solutions for institutional clients and support the continued growth of Oman’s financial ecosystem.” Beyond client solutions, the two firms also plan to collaborate on training, knowledge sharing, and thought leadership initiatives.The post State Street and Jadwa Investment Partner to Boost Oman’s Capital Markets first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

CME Group has launched round-the-clock trading for its cryptocurrency futures and options products, marking a landmark shift in how regulated derivatives markets operate in the digital asset space. The expanded trading hours went live on Friday, May 29, with the Chicago-based derivatives giant reporting over 7,200 contracts traded across its inaugural weekend — equivalent to approximately $50 million in notional value. The strong opening figures, supported by both retail and institutional participants, signal robust demand for always-on access to regulated crypto risk management tools. Tim McCourt, CME Group’s Global Head of Equities, FX and Alternative Products, framed the move as a natural progression since the exchange introduced its first Bitcoin futures contract back in 2017. “Shifting to an always-on model represents the next natural evolution for the marketplace, ensuring CME Group continues to provide the continuous price discovery and trading confidence global investors require,” McCourt said. The launch has drawn participation from several prominent industry names. Robinhood Markets highlighted that its users can now trade regulated futures contracts at any hour, any day of the week — bridging the longstanding gap between traditional derivatives and spot crypto markets. Meanwhile, Ripple Prime and Wedbush Securities have positioned themselves as key facilitators of the new around-the-clock infrastructure. Also coinciding with the launch, CME Group introduced Bitcoin Volatility futures on a 24/7 basis. These first-of-their-kind regulated contracts allow investors to trade their view on 30-day implied bitcoin volatility without taking a directional price position — adding yet another sophisticated tool to the growing regulated crypto derivatives ecosystem.The post CME Group Goes 24/7 with Crypto Futures and Options Trading first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

The Swiss Financial Market Supervisory Authority (FINMA) has concluded enforcement proceedings against Wendelspiess Partners AG, imposing long-term industry bans on two senior individuals and withdrawing the firm’s portfolio management licence following serious breaches of financial services regulations. FINMA launched proceedings in early 2025 after receiving a report from a supervisory organisation, uncovering evidence that the Zurich-based wealth manager had invested client funds into a proprietary foreign fund — established by the firm and managed in-house since 2021 — that was experiencing significant liquidity problems. The regulator’s investigation revealed a pattern of serious misconduct. Wendelspiess Partners AG funnelled the assets of nearly all of its more than 400 clients — the majority of whom had moderate to limited financial knowledge and described themselves as risk-averse — into the in-house fund without obtaining their consent. The fund, which held assets under management of over CHF 83 million at end-2024, invested predominantly in a single investment company domiciled in the canton of Zug and its affiliates, resulting in dangerous risk concentration. It now faces the prospect of a total loss. FINMA found that the firm systematically failed to conduct mandatory suitability assessments, inadequately disclosed conflicts of interest — including the fact that Wendelspiess Partners AG and several of its directors personally held shares in the fund — and withheld material information from the regulator during its licensing procedure. The regulator concluded that client interests were “systematically subordinated” to those of the firm, constituting serious breaches of conduct obligations under Switzerland’s Financial Services Act (FinSA). The ruling, which also sees the firm enter bankruptcy, is not yet final and may be appealed to the Federal Administrative Court.The post FINMA Bans Two Executives and Revokes Licence of Swiss Wealth Manager Over Serious Misconduct first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Robinhood and custodial platform TradePMR have unveiled a suite of new products and services targeting Registered Investment Advisers (RIAs) and their clients, announced live at the SYNERGY26 conference in Washington, D.C. The headline launch is the Robinhood Advisor Network, an in-app RIA referral marketplace that connects Robinhood customers directly with independent advisors utilising TradePMR custodial services. Rolling out to a select group of eligible users next week, the feature uses a short questionnaire to match customers with vetted fiduciaries, while offering a unified view of both self-directed and advised assets within the Robinhood app. Alongside the network, Robinhood introduced Robinhood Cortex for Advisors, an AI-powered tool built into TradePMR’s Fusion platform. The tool provides RIAs with automated portfolio digests, AI-generated meeting preparation notes, and task management capabilities — all included at no additional cost. The feature will roll out exclusively to TradePMR RIAs before broader availability. The companies also announced that TradePMR advisors will soon gain access to IPOs and future public offerings from Robinhood Ventures via the Fusion platform. Additional incentives include a flexible RIA incentive programme with forgivable loan structures and reduced margin and securities-backed lending rates. The announcements come as TradePMR’s total Assets Under Administration have grown approximately 15% to $50 billion since joining the Robinhood ecosystem last year. “Together, Robinhood and TradePMR are defining the next era of wealth management,” said Steve Quirk, Chief Brokerage Officer at Robinhood.The post Robinhood Launches Advisor Network and AI Tools for RIAs in TradePMR Partnership Expansion first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

Pyth Network, a leading institutional market data provider, has launched Hong Kong equity feeds on Pyth Pro, its next-generation subscription data service — bringing 24/7 pricing for Hong Kong-listed securities to exchanges, trading firms, and onchain applications for the first time. The initial coverage includes marquee names such as Tencent (HKG: 0700), BYD (HKG: 1211), the ChinaAMC CSI300 ETF, and the FTSE China A50 ETF, alongside 70+ additional HK-listed equities. The feeds are delivered via the same API and consistent format as existing Pyth Pro instruments, enabling a single integration point rather than reliance on fragmented regional vendors. The launch addresses a long-standing structural gap in the crypto and onchain finance space. Despite rising demand for equity perpetuals, prediction markets, and tokenised portfolios referencing Chinese and Asian names, access to Hong Kong equity pricing has historically been constrained by regional brokerage requirements, siloed licensing regimes, and high data costs. Pyth Pro’s first-party institutional feeds aim to resolve this with round-the-clock availability across 114 blockchains. “Hong Kong is one of the world’s most important financial centres, and bringing pricing for Tencent, BYD, and other HK-listed names into Pyth Pro provides exchanges and developers with a reliable foundation for building on Asian equities at scale,” said Mike Cahill, CEO of Douro Labs and contributor to Pyth. Cahill added that Korean equities are set to follow, as Pyth works toward positioning itself as a truly global data layer. The announcement builds on Pyth’s existing footprint: over 710 businesses use Pyth data, with nearly 60% of all onchain perpetuals powered by Pyth feeds. Pyth Pro currently covers 2,200+ instruments, supported by more than 135 first-party publishers.The post Pyth Network Expands Pyth Pro with Hong Kong Equity Feeds first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

London-based specialist equity manager Marathon Asset Management has consolidated its front-to-back investment infrastructure on SimCorp One, retiring legacy systems and establishing a unified data layer across the firm. The move, announced on June 3, extends a partnership between the two firms that dates back to 2010. Marathon, which manages more than USD 40 billion in assets, said the consolidation will reduce time spent on data reconciliation and technology management, freeing resources for client service and investment decisions aligned with its Capital Cycle investment philosophy. Andy Flawn, Head of Operations, Technology, Change and Data at Marathon, said the decision was driven by the need to lower cost and risk through system consolidation. “SimCorp understands both our operational and front office needs, which made unifying our front-to-back workflows on a single platform a clear decision,” he said. “Lowering cost and risk through system consolidation was a key factor. Our partnership continues to deliver meaningful technology improvements that drive operational efficiency.” Dean McIntyre, Chief Commercial Officer at SimCorp, added that SimCorp One automates key processes across the investment lifecycle, giving Marathon the operational efficiency to scale. “We’re proud to deepen our long-term partnership with Marathon,” he said. The deal reflects a broader trend across the asset management industry. SimCorp’s 2026 InvestOps Report found that consolidating technology vendors and platforms is the top priority for 58% of investment managers globally. Marathon joins a growing list of firms to have recently selected SimCorp, alongside Pictet Asset Management, AllianceBernstein, and Lindsell Train.The post Marathon Asset Management Unifies Front-to-Back Investment Platform on SimCorp One first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.