The publicly traded broker operating in multiple markets including FX, has received regulatory approval in the U.K., to merge its INTL Global Currencies Entity (IGC) with its full-scope regulated dealing business IFL.
Regulatory approval has been granted for INTL FCStone to merge two of its subsidiaries in the UK, according to an official announcement the company put out today. The entities to be consolidated include its foreign exchange payments business along with its full scope investment services firm that provides execution and clearing related services.
The green light comes from the UK’s Financial Conduct Authority (FCA) which provides the company the okay to consolidate its two UK subsidiaries, INTL FCStone Ltd (IFL) and INTL Global Currencies Ltd (IGC), as per the description in the press release.
The company has recently reported positive metrics for its prior quarter, as covered by Forex Magnates last month, and according to it latest annual report for 2013 has nearly 1,100 staff employed across 11 countries, and nearly $2.8 billion in total assets, and more than 20,000 accounts representing approximately 11,000 separate customers, located in more than 100 countries.
Philip Smith, Chief Executive Europe, Middle East and Africa (EMEA), INTL FCStone
Philip Smith, Chief Executive Europe, Middle East and Africa, said, "Following a record quarter, INTL FCStone's UK-based businesses are growing at a very encouraging rate. The next stage of consolidation during 2014 will be to incorporate our global precious metals businesses currently operating through our various international offices. Last year we transacted in more than 300 tons of physical precious metals and consider ourselves to be one of the largest importers of precious metals into the Indian sub-continent."
The firm's Foreign Exchange business which involves several of its entities, including the IGC business was announced as part of the consolidation. This business line, under the IGC name, is involved with the firm's institutional cross border global Payments business, and processes 200,000 payments annually, with volumes totaling $16 billion across 145 currencies, according to the press release. IGC services many of the humanitarian branches of supranational organizations, governmental aid agencies and household names within the NGO and charity sectors, and also services international corporations and an increasingly large section of the international banking community.
INTL FCStone proudly says that many of the world's largest banking institutions have recognized the advantages of making their payments through a specialist service provider and have chosen the services of IGC for exotic currency delivery for the significant benefit of their clients. The company has won the Forex Magnates's industry award for best Liquidity provider in 2012, reflective of the seriousness of its FX offering, which includes among other capabilities, related foreign exchange services on the institutional side.
IGC provides the knowledge and infrastructure framework upon which such banks rely to deliver payments for their clients and prides itself on its ability to make payments to almost every conceivable country, in local currency.
The other business being consolidated into the IGC segment is INTL FCStone Ltd [IFL],the group's full scope investment firm, providing advisory, execution and clearing services to commercial clients who wish to mitigate their price exposure to FX, metals, energy and soft commodities. IFL is a category 1 ring dealing member of the London Metal Exchange, a full clearing member of ICE Clear Europe, CMECE and LCH EnClear, and offers clearing services on a host of global exchanges through group affiliates, as per the explanation in the announcement today.
It appears the consolidation could have a streamlining effect, by merging the two to create a combined synergy, where the foreign exchange related payments business is now merged into the firm's full-service dealing business, including its clearing related services.
Regulatory approval has been granted for INTL FCStone to merge two of its subsidiaries in the UK, according to an official announcement the company put out today. The entities to be consolidated include its foreign exchange payments business along with its full scope investment services firm that provides execution and clearing related services.
The green light comes from the UK’s Financial Conduct Authority (FCA) which provides the company the okay to consolidate its two UK subsidiaries, INTL FCStone Ltd (IFL) and INTL Global Currencies Ltd (IGC), as per the description in the press release.
The company has recently reported positive metrics for its prior quarter, as covered by Forex Magnates last month, and according to it latest annual report for 2013 has nearly 1,100 staff employed across 11 countries, and nearly $2.8 billion in total assets, and more than 20,000 accounts representing approximately 11,000 separate customers, located in more than 100 countries.
Philip Smith, Chief Executive Europe, Middle East and Africa (EMEA), INTL FCStone
Philip Smith, Chief Executive Europe, Middle East and Africa, said, "Following a record quarter, INTL FCStone's UK-based businesses are growing at a very encouraging rate. The next stage of consolidation during 2014 will be to incorporate our global precious metals businesses currently operating through our various international offices. Last year we transacted in more than 300 tons of physical precious metals and consider ourselves to be one of the largest importers of precious metals into the Indian sub-continent."
The firm's Foreign Exchange business which involves several of its entities, including the IGC business was announced as part of the consolidation. This business line, under the IGC name, is involved with the firm's institutional cross border global Payments business, and processes 200,000 payments annually, with volumes totaling $16 billion across 145 currencies, according to the press release. IGC services many of the humanitarian branches of supranational organizations, governmental aid agencies and household names within the NGO and charity sectors, and also services international corporations and an increasingly large section of the international banking community.
INTL FCStone proudly says that many of the world's largest banking institutions have recognized the advantages of making their payments through a specialist service provider and have chosen the services of IGC for exotic currency delivery for the significant benefit of their clients. The company has won the Forex Magnates's industry award for best Liquidity provider in 2012, reflective of the seriousness of its FX offering, which includes among other capabilities, related foreign exchange services on the institutional side.
IGC provides the knowledge and infrastructure framework upon which such banks rely to deliver payments for their clients and prides itself on its ability to make payments to almost every conceivable country, in local currency.
The other business being consolidated into the IGC segment is INTL FCStone Ltd [IFL],the group's full scope investment firm, providing advisory, execution and clearing services to commercial clients who wish to mitigate their price exposure to FX, metals, energy and soft commodities. IFL is a category 1 ring dealing member of the London Metal Exchange, a full clearing member of ICE Clear Europe, CMECE and LCH EnClear, and offers clearing services on a host of global exchanges through group affiliates, as per the explanation in the announcement today.
It appears the consolidation could have a streamlining effect, by merging the two to create a combined synergy, where the foreign exchange related payments business is now merged into the firm's full-service dealing business, including its clearing related services.
iSAM Securities Adds Futures CFDs as Volatility Raises Demand for Consistent Pricing
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights