Located on the 19th floor of Nouf Tower B on Jaber Al-Mubarak Street, the new office will act as a hub for local support and tailored trading solutions, serving Kuwait’s growing community of traders and investors. “The opening of our new office in Kuwait represents an exciting milestone in Tickmill’s regional growth strategy,” said Joseph Dahrieh, Managing Principal at Tickmill.  “We are proud to bring our world-class trading services closer to clients in Kuwait, offering them not only direct access to global markets but also the local support and expertise they deserve.” Founded in 2014, Tickmill operates under multiple international regulators, including the UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles. It is also recognised by the Dubai Financial Services Authority (DFSA). The Kuwait expansion follows the firm’s recent office opening in Oman and underscores its long-term commitment to the region.  Tickmill said it aims to combine global capabilities with local engagement, providing traders in the Gulf Cooperation Council (GCC) region with greater access, transparency, and education. The post Tickmill Opens Kuwait Office to Strengthen Gulf Presence appeared first on LeapRate.

The transaction, announced Thursday, also strengthens LSEG’s control over revenue from its flagship SwapClear clearing service. The investing banks, including Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, HSBC, J.P. Morgan, Morgan Stanley, Nomura, Société Générale and UBS, will each become shareholders in Post Trade Solutions. Three directors nominated by the Investing Banks will join the Post Trade Solutions board. LSEG will simultaneously acquire a greater share of the revenue surplus from SwapClear, reducing banks’ entitlement from around 30% to 10% from 2026, in exchange for a £1.15 billion cash payment.  The new arrangement is expected to be 2–3% accretive to adjusted earnings per share (AEPS) in 2025 and improve margins across the group. Daniel Maguire, LSEG’s Head of Markets and CEO of LCH Group, said: “Our SwapClear business was at the forefront of innovation when it was founded in collaboration with our clearing members 25 years ago – and that spirit of innovation and partnership continues today. “Our clearing services have been highly successful in generating substantial growth and ensuring robust risk management for the OTC derivatives market.” The deal reinforces LSEG’s long-term collaboration with major clearing participants, echoing the original LCH model.  Bank executives from Barclays, Citi, BNP Paribas and J.P. Morgan welcomed the partnership as a step toward advancing risk management and post-trade efficiency. The transaction is expected to close in 2025. The post LSEG Brings Global Banks on Board with Post Trade Solutions Deal appeared first on LeapRate.

CEO Michael Miebach praised Rajamannar for his “transformative” contribution to Mastercard’s global brand, saying his creativity and leadership helped make it “one of the world’s most admired brands.” “We are excited to welcome Jill Kramer,” Miebach said. “Jill’s global perspective and deep expertise in B2B marketing will be invaluable as we continue to accelerate our growth and innovation.” Kramer joins from Accenture, where she served as Chief Marketing and Communications Officer, leading the global function that helped the consultancy nearly double its brand value from $12 billion to $20.9 billion, according to Interbrand.  She previously held senior roles at BBDO and DDB, overseeing campaigns for major clients including AT&T and ExxonMobil. Recognised among Forbes’ Most Influential CMOs for three consecutive years, Kramer also serves on the Ad Council’s board of directors. She holds a Bachelor of Arts in communications from the University of Massachusetts, Amherst. The post Mastercard Names Jill Kramer Chief Marketing Officer as Raja Rajamannar Becomes Senior Fellow appeared first on LeapRate.

For the present moment, Gold makes an unstoppable upward move for around 2 months in a row without significant corrections, which is the absolute record for many years. As the “fear of missing out” attitude moves to the retail sector, as people are building in queues to buy and sell physical Gold around the globe, the peak of the rally might be achieved soon. However, it’s difficult to predict the exact points of reversal, as the bullish trend    For the present moment, the main asset in the spotlight is Gold, which has made the unstoppable upward move for around 2 months in a row without significant corrections, which is the absolute record for many years. The “fear of missing out” attitude moves to the retail sector, as people are building in queues to buy and sell physical Gold around the globe. That might point to the potential peak of the rally to be achieved soon. However, it’s difficult to predict the exact points of reversal, as the bullish trend still persists.   On Friday last week, the US president Donald Trump had softened the rethorics, stock indices have rebounded on Friday, sending S&P 500 to its best day since August. Gold and metals have corrected from peaks, displaying some relief for the “Super FOMO rally”. The government shutdown in the US still continues, which has put on hold some important economic publications, such as the US inflation, for example (the anticipated publication was on Oct 15th). The next date of the publication is scheduled Oct 24th.  This week, traders will look forward to speeches of several FED’s members, and the expected US inflation on Friday. The expected crude oil stocks change will be published on Wednesday. In this review, we will focus on several trading opportunities, which might potentially unfold this week. JPM The JP Morgan stock is testing the dynamic support area, moving inside of the 14-day swing from the peak of 29-th of September, 2025. The downside move may reverse off the support zone, as the swing is already mature, and according to statistical studies, directional moves rarely last for more than 16 days for this instrument. If volatility in the market would bounce back and the relief in rethorics from Donald Trump will improve the sentiment, markets may exhale this week, with a focus on the financial sector, and strong names such as JP Morgan. The expected target area may be around $309-310. USDCAD USDCAD is moving inside of a rising wedge above the dynamic support zone and may resume the upswing this week, as the US dollar index may get support after softening rhetoric of Donald Trump. Yields of 30-year bonds of Canada have declined, but with less volatility than for the US treasuries. The weakness of Crude oil futures pressures CAD against the USD, and focuses traders on the long side of USDCAD in the near future. The position of the price of USDCAD is above 200-day moving average, which boosts the bullish momentum for this currency pair. The post Is the “Super FOMO rally” for Gold coming to an end? appeared first on LeapRate.

The firm also announced the appointment of Yaseen Alsamerrai as Country CEO, who will oversee operations and drive strategic growth in Bahrain. The launch follows the Category 2 Investment Business Firm licence granted by the Central Bank of Bahrain (CBB) in July 2025.  The opening ceremony in Manama was attended by senior CFI executives and figures from Bahrain’s financial sector. “This is an exciting moment for CFI as we officially open our doors in Bahrain, a dynamic market with tremendous potential,” said Ziad Melhem, CEO of CFI Financial Group. “Led by Yaseen’s capable leadership, [this] is more than just an expansion; it is a long-term commitment to delivering excellence, transparency, and innovation to traders in the Kingdom.” Alsamerrai said he aims to provide traders with “world-class platforms, competitive conditions, and continuous education, all backed by CFI’s trusted reputation and global expertise.” The new branch will offer access to a broad range of global markets, supported by local expertise and advanced platforms. With over 25 years of experience in online trading, CFI said the launch underscores its confidence in Bahrain’s growing role as a regional financial hub and reinforces its commitment to education, innovation, and best-in-class services. The post CFI Group Opens Bahrain Office, Names Yaseen Alsamerrai Country CEO appeared first on LeapRate.

Licensed by the Capital Market Authority (CMA), the new Alternative Trading System (ATS) executed its inaugural trades between BlackRock, BNP Paribas, and Goldman Sachs. “We are grateful for the trust placed in us by the CMA to deliver the first electronic bond ATS in the Kingdom,” said Billy Hult, CEO of Tradeweb.  “The introduction of SAR bonds to Tradeweb’s multi-asset electronic platform marks not just a technological milestone, but also a foundational moment for fixed income market structure in the Kingdom, preparing the ground for greater international participation.” The CMA selected Tradeweb in 2024 to build and operate the infrastructure as part of the Kingdom’s efforts to deepen its capital markets, attract foreign investment, and enhance transparency.  The launch comes as Saudi Arabia joins the J.P. Morgan EM Bond Index watchlist, a move expected to bring in about USD 5 billion in foreign inflows. CMA Deputy of Market Institutions Raed AlHumaid said the move is “an important step in enhancing the secondary market for debt instruments, while broadening the investor base and expanding the range of products available in the Saudi capital market.” The platform, available to professional investors, will allow efficient electronic trading in line with local conventions and may later expand to corporate bonds, repos, and derivatives, pending regulatory approval. Tradeweb said the launch positions Saudi Arabia to attract greater global investor participation and marks a new chapter in its fixed income market evolution. The post Tradeweb Launches First Electronic Bond Marketplace in Saudi Arabia appeared first on LeapRate.

The company, which will maintain its Nasdaq listing, published a practice statement letter marking the first step in its restructuring under Part 26A of the Companies Act 2006.  Key hearings are set for 5 November (convening hearing), 28 November (meetings of plan participants), and 8 December (sanction hearing), with delisting expected to take effect at 8 a.m. on 9 December, making 8 December the last day of trading on the LSE. As a firm listed in the Equity Shares (Transition) category, Argo is not required to seek shareholder approval for the delisting but must provide at least 20 business days’ notice. The company said shareholders will retain their rights but warned the delisting will remove LSE trading access and end compliance with U.K. Listing Rules and the Market Abuse Regulation. The Takeover Code will remain applicable for two years after delisting. Under the restructuring plan, Growler Mining will receive 87.5% of the recapitalised company’s equity, bondholders 10%, and existing shareholders, retaining just 2.5%.  Argo has so far drawn $5.38 million from its $7.5 million loan facility with Growler. The company said the move is part of efforts to stabilise operations and restore financial health following a prolonged downturn in the cryptocurrency mining sector. The post Argo Blockchain to Delist from London Stock Exchange in December appeared first on LeapRate.

The National Banking and Securities Commission (CNBV) and the Bank of Mexico have authorised Revolut to operate as a Multiple Banking Institution, enabling it to offer insured deposit accounts and a full suite of banking services.  Deposits will be protected by the IPAB for up to approximately 3.4 million pesos (MXN) per customer. Revolut said it is the first independent digital bank to complete Mexico’s full licensing process “from scratch.”  The fintech now plans to launch to customers on its waiting list and expand its offering in the months ahead. “We are exceptionally proud of our team and the bank we have built here in Mexico,” said Juan Miguel Guerra, CEO of Revolut Bank Mexico.  “This is just the beginning. We will continue to innovate and launch more products to serve all our customers’ needs in one place.” The approval reinforces Revolut’s long-term commitment to Latin America, following its launches in the U.S. and Brazil.  The company is also seeking a full licence in Colombia and has begun acquiring a bank in Argentina, furthering its ambition to become a leading digital banking player in the region. The post Revolut Obtains Approval to Launch Banking Operations in Mexico appeared first on LeapRate.

The update enables users to receive instant notifications whenever news matching their chosen criteria appears in the platform’s News Flow.  The new service is said to allow traders to track earnings reports, economic data releases, and corporate announcements in real time. “Trading and investing aren’t only about technicals,” the company said in its announcement. “Almost every trader uses fundamental analysis, a big part of which is reading the news to stay informed.” The platform said users can customise alerts by selecting specific tickers, topics, watchlists or news providers, then enabling the new “News Alert” toggle. When an article matches those filters, TradingView immediately sends a notification. The company added that the new feature will help traders react faster to market shifts and make more informed decisions, reducing the lag between breaking headlines and trade execution. TradingView described its News Flow as a “hub for financial events in the world of trading and investing,” bringing together press releases and analysis from leading providers.  Furthermore, the firm stated that the tool aims to make fundamental analysis smoother and ensure users “never miss a market move.” The post TradingView Adds Real-Time News Alerts to Platform appeared first on LeapRate.

The exchange operator reported 2.83 million contracts traded on 17 October, surpassing the previous record of 2.15 million set just eight days earlier.  “Demand for safe-haven assets is surging as market participants work to navigate ongoing economic uncertainty,” said Jin Hennig, CME Group’s Global Head of Metals. The surge was led by Gold futures and options, with record activity across both institutional and retail segments. CME said Metals futures reached 2.6 million contracts, while Micro Gold futures hit 1.27 million, both new highs.  The 1-Ounce Gold futures also broke records in trading volume and open interest. CME offers a broad suite of metals products, from gold and silver to copper and aluminium, all traded under its COMEX division.  The company said it continues to see strong global participation, with heightened interest in gold reflecting ongoing geopolitical and inflationary pressures. The post CME Group’s Metals Complex Hit New Daily Record appeared first on LeapRate.

The agreement, announced on Friday, will enable Berenberg’s Wealth Management division to streamline trading and post-trading processes, improve operational efficiency, and expand client access to international funds and markets. Under the new arrangement, Berenberg will leverage Clearstream’s fund distribution platform and its suite of services covering trading, custody, and trailer fee processing, designed to deliver a comprehensive, end-to-end solution. “The collaboration with Berenberg will expand their clients’ access to a diverse range of international funds and markets,” said Christophe Hefti, Head of Sales in Central and Eastern Europe for Clearstream Fund Services.  “This allows Berenberg to focus on their core offering – advisory of investment products for their clients – while ensuring that their clients benefit from the highest standards of service and regulatory compliance.” Sebastian Zimmerman, Chief Operating Officer for Berenberg’s Wealth and Asset Management division, said the move would “optimise distribution processes and improve operational efficiency.” Founded in 1590, Berenberg is one of Europe’s oldest private banks, with strong presences in Hamburg, London, Frankfurt, and New York.  The post Berenberg Expands Fund Distribution with Clearstream Partnership appeared first on LeapRate.

The partnership will allow Northern Trust’s clients to benefit from expanded coverage across more than 35 markets, including “opt-in” jurisdictions where investors can elect to participate in legal proceedings before settlement.  Enhanced reporting tools are expected to provide detailed insights across the lifecycle of each case, from filings to distributions. “Northern Trust is committed to delivering innovative solutions that help clients unlock the full potential of their investment strategies,” said Kevin Blair, global head of Securities Services.  “Expanding our collaboration with Broadridge reflects our dedication to integrating cutting-edge technology and market insights to drive growth.” Steve Cirami, senior vice president at Broadridge, said the partnership will help financial institutions “increase recoveries, streamline settlement participation and bolster operational performance.” The move comes as the global class action market continues to grow, with over 35 jurisdictions now supporting collective redress systems and $5.2 billion in settlements recorded across 135 cases in 2024. Northern Trust said the new tools would bring greater transparency, operational agility and access to recovery opportunities for investors worldwide. The post Northern Trust Expands Asset Recovery with Broadridge Partnership appeared first on LeapRate.

The London-listed firm appointed Federico Bazzoni as Executive Chairman, Luca Giacomo Zanni as Executive Director, and Bruce Gonyea as Independent Non-Executive Director, all effective immediately.  At the same time, Martin Groak and Luciano Maranzana stepped down from the board, while Dominic White moved to a Non-Executive Director role. Bazzoni brings over three decades of international banking experience, having held senior roles at Vantage Capital Markets Hong Kong, CITIC Securities, and Bear Stearns.  Zanni, a seasoned finance executive, previously served as Chief Financial Officer across several European industrial firms, including GPack and Fimer SpA.  Gonyea, currently an Assistant Professor of Finance at Marian University, also has extensive experience in investment research and fund management. White said the appointments mark “an important step forward for the company – one that we believe will unlock new partnerships, broaden our transaction pipeline, and attract additional capital.” He added that the trio bring “proven track records of success in financial services across multiple business sectors,” positioning Eight Capital for its next phase of growth. The board changes follow Eight Capital’s commitment to expanding its presence in fintech, banking and asset management through strategic investments and partnerships. The post Eight Capital Partners Strengthens Board with Three New Appointments appeared first on LeapRate.

The move enables institutional traders to access QB’s advanced execution tools (Bolt, Strobe, and Closer), which are said to be tailored to the nuances of Brazil’s local market structure.  These algorithms are now available across B3’s most active futures contracts, including DI1, Ibovespa, USD/BRL, and Bitcoin futures, in partnership with Ideal CTVM, a major electronic trading firm on B3. “This partnership with B3 and Ideal CTVM allows us to deliver QB’s cutting-edge execution strategies on Brazil’s leading exchange,” said David Kalita, CEO of Quantitative Brokers.  He described the launch as a “key milestone” in the firm’s Latin American expansion, citing growing regional demand for tools that enhance execution efficiency and reduce market impact. Nilson Monteiro, CEO of Ideal CTVM, added that the collaboration helps “modernise the Brazilian trading industry” by providing institutional clients access to state-of-the-art algorithmic solutions. QB’s entry into Brazil marks the company’s first step into Latin America, positioning it to capture institutional trading flows in one of the world’s most dynamic emerging markets. The post Quantitative Brokers Launches Algorithmic Trading Suite on Brazil’s B3 Exchange appeared first on LeapRate.

The fintech group said it remains on track to meet full-year revenue and EBITDA guidance. Revenue for the nine months to 30 September rose 2% to $597.8 million, while EBITDA increased 1% to $267.8 million, maintaining a 45% margin. Customer income rose 8% year-on-year to $536.7 million. Q3 revenue declined by 2% to $182.7 million, with customer income for the quarter at $165.2 million, down from $166.3 million in the same quarter last year. CEO David Zruia said the group had achieved “significant strategic progress,” highlighting diversification into new markets and growth in high-value customers.  “We have strong momentum and look to the future with confidence,” he added. In the U.S., customer segregated funds in the futures business jumped from $350 million at the end of 2024 to around $1.2 billion by September, supported by new clearing memberships with ICE Clear Europe and ICE Clear U.S. Plus500 also expanded into Canada and Colombia, securing new licences as part of its North American and Latin American growth strategy. The company said it continues to target expansion across Latin America and Asia while maintaining its focus on higher-value, longer-term customers. The post Plus500 Surpasses $1 Billion in US Futures Funds appeared first on LeapRate.

The listing marks a major milestone for the company. The PSO fund, launched in December 2020, comprises 18 properties located in economically strong regions across Switzerland, with a total market value of CHF 254 million.  It is now part of the SIX Real Estate Funds Broad Index (SWIIT), which includes funds investing at least 75% of their assets domestically. As of 30 September 2025, the index had a market capitalisation of CHF 74.5 billion. “We are delighted that investors on the Swiss stock exchange now have an even wider selection of funds to choose from – currently 49, of which 47 are classified as real estate funds,” said Danielle Reischuk, Senior ETF & ETP Sales Manager at SIX. Flavio Lauener, CEO of PURE Funds AG, called the listing “a significant milestone in the further development of the real estate fund” and said it provides an “optimal basis for continued sustainable growth.” The post PURE Funds Becomes Fund Issuer on SIX Swiss Exchange appeared first on LeapRate.

Smart Basket will use FIS’s item-level adjudication engine and payment gateway to analyse a shopper’s basket in real time, applying optimal payment methods and rewards at checkout.  The platform is said to aim to make transactions faster, more rewarding, and more efficient for consumers while offering retailers greater insight into customer behaviour. “Smart Basket represents a significant leap forward in how money can be moved and put to work during the shopping experience,” said Jim Johnson, President of FIS. “By leveraging real-time, item-level intelligence, Smart Basket is seeking to deliver personalized value and frictionless savings to consumers while providing retailers and brands with increased sales and insights they need to optimize their strategies.” The solution is expected to integrate FIS’s real-time payments gateway, loyalty platform and filtered spend technologies, enabling multiple payment types, including debit, credit, loyalty points, and healthcare spending accounts, within a single transaction. According to research from FIS and Oxford Economics, payment process friction costs organisations nearly $5 million a year on average.  FIS said Smart Basket aims to reduce these inefficiencies while creating value across the financial ecosystem by aligning consumers, retailers and financial institutions through intelligent commerce. The post FIS Unveils Smart Basket Product to ‘Transform the Payment Experience’ appeared first on LeapRate.

Magazzeni joins from J.P. Morgan, where he served as Chief Analytics Officer for the EMEA region and the Commercial and Investment Bank. He also previously taught as an Associate Professor of Artificial Intelligence at King’s College London. At UBS, Magazzeni will lead efforts to integrate AI into business processes, enhance client services and boost employee productivity.  He will oversee the newly formed Chief Artificial Intelligence Office, which will govern the deployment of AI tools and maintain consistent standards across the organisation.  Based in London, he will report to Group Chief Operations and Technology Officer Mike Dargan from 1 January 2026. “Artificial intelligence is a top priority for UBS,” said Dargan. “I am delighted to welcome Daniele with his experience in embedding AI into business processes, driving measurable efficiency improvements and delivering commercial benefits.” “As Chief Artificial Intelligence Officer he will further optimize our use of traditional, generative and agentic AI capabilities to transform our end-to-end operations and deliver cutting-edge solutions to our clients.” UBS has already launched over 300 live AI use cases across its global operations, including its proprietary AI assistant “Red” and the roll-out of Microsoft’s M365 Copilot. The post UBS Names Daniele Magazzeni as Chief Artificial Intelligence Officer appeared first on LeapRate.

The expansion underscores the bank’s long-term commitment to the region and its ambition to deepen ties with clients across one of the world’s fastest-growing wealth hubs. Beatriz Martin, President of UBS EMEA, described the move as “an exciting milestone” for the firm, saying it reinforced the “significant opportunities” UBS sees in the Middle East.  She added that UBS’s “global connectivity and strong capabilities” would help deliver integrated solutions to clients in Abu Dhabi and beyond. The new branch of UBS AG will advise clients directly from ADGM, with assets booked in Switzerland, and will focus on ultra-high-net-worth individuals, corporates, and sovereign investors.  Christl Novakovic, Head of UBS Global Wealth Management EMEA, said the opening “is a testament to our deep-rooted belief in the potential of the region and our unwavering commitment to our clients here.” Arvind Ramamurthy, Chief Market Development Officer at ADGM, said UBS’s arrival “highlights ADGM’s status as a leading hub for global wealth management.”  UBS has operated in the region for more than 60 years and said the new office positions it to capture further growth as the Middle East’s total personal wealth, now exceeding $5.7 trillion, continues to rise. The post UBS Opens New Advisory Office in Abu Dhabi appeared first on LeapRate.

The transaction includes $32.5 million in cash and $67.5 million in Payward stock, giving IG a post-tax gain of £73.3 million and boosting its regulatory capital by £22.7 million. Under the agreement, IG will partner with Kraken to distribute new exchange products, with further details expected in due course.  “The transaction represents a significant return on the Group’s acquisition of Small Exchange and enables us to collaborate with Kraken on the distribution of new crypto products,” said IG CEO Breon Corcoran. The deal marks IG’s latest step in expanding its digital asset strategy. In September, the group announced plans to acquire Australian crypto exchange Independent Reserve, with completion expected in early 2026 pending regulatory approval.  Last month, it also obtained a U.K. cryptoasset licence from the Financial Conduct Authority. IG said the sale and new partnership align with its broader strategy to strengthen its position in the fast-growing crypto and tokenised asset markets. The post IG Group Sells Small Exchange to Kraken Parent Payward for $100 Million appeared first on LeapRate.