For the broker, 2022 was the second consecutive year of revenue growth.
However, this was not enough to achieve net profitability.
Hantec Markets
The
UK-based branch of Hantec Markets released its financial
results for 2022 over the weekend, reporting an increase of 7% in revenue to £5.76
million. Despite the revenue growth, the company failed to maintain
profitability, posting a net loss of £83,968 for the reported period.
Hantec Markets Sees Revenue Growth but Posts Net Loss
In the UK, Hantec
Markets Holdings Limited is responsible for the brokerage's operations and is
licensed by the FCA. The investment firm originated in Hong Kong but also has
offices in Australia, Africa, South America, and the Middle East.
Over the
weekend, the British arm of Hantec reported
that its 2022 revenues reached £5.76 million, which is up
from £5.39 million in 2021. However, the company also reported an increase
in administrative expenses by about £400,000 to £5.84 million. This led to
a deepening operating loss of £85,367 and a final net loss of £83,968. For
comparison, Hantec Markets in the UK achieved a modest net profit of £26,873 in
2021.
As for
other financial data, the broker slightly increased the value of its assets,
rising from £5.98 million reported in 2021 to £6.03 million last year.
Bashir Nurmohamed, the CEO of Hantec Markets Group
"The
Group's business developed in line with the board's expectations, and the
results for the period and the financial position at the period end were
considered satisfactory, given the increasing competition and regulation within
the sector as well as the global Covid pandemic," said Bashir Nurmohamed,
the CEO of Hantec Markets Group.
"Despite
the extremely challenging environment, the Group managed to maintain in line
with management expectations, client numbers, client deposits, and trade
volumes in the year," he added.
Hantec
Markets is optimistic about future progress and believes the overall business
is "well placed to make further progress during the coming year."
Hantec Hires New Head of
Technology, Launches Institutional Arm
The company
has informed that Michael O'Sullivan has transitioned from his position at
INFINOX to Head of Technology Strategy at Hantec Markets. O'Sullivan initially
joined INFINOX in January 2021, serving as the Head of Technology before
eventually becoming the Chief Technology Officer.
O'Sullivan's
career began at CMC Markets, where he worked for 15 years at the London-based
brokerage, ultimately serving as the Head of Partnerships Operations and
Delivery. He also had a one-year stint at ATFX UK as the Head of Project
Management.
In
preparation for the upcoming launch of Hantec Prime, a forex and CFDs trading
platform aimed at institutional investors, Hantec Markets has also brought on
board Lee Holmes, another former INFINOX Global executive and a past member of
the Executive Management team, to serve as its Head of Institutional Sales.
The
UK-based branch of Hantec Markets released its financial
results for 2022 over the weekend, reporting an increase of 7% in revenue to £5.76
million. Despite the revenue growth, the company failed to maintain
profitability, posting a net loss of £83,968 for the reported period.
Hantec Markets Sees Revenue Growth but Posts Net Loss
In the UK, Hantec
Markets Holdings Limited is responsible for the brokerage's operations and is
licensed by the FCA. The investment firm originated in Hong Kong but also has
offices in Australia, Africa, South America, and the Middle East.
Over the
weekend, the British arm of Hantec reported
that its 2022 revenues reached £5.76 million, which is up
from £5.39 million in 2021. However, the company also reported an increase
in administrative expenses by about £400,000 to £5.84 million. This led to
a deepening operating loss of £85,367 and a final net loss of £83,968. For
comparison, Hantec Markets in the UK achieved a modest net profit of £26,873 in
2021.
As for
other financial data, the broker slightly increased the value of its assets,
rising from £5.98 million reported in 2021 to £6.03 million last year.
Bashir Nurmohamed, the CEO of Hantec Markets Group
"The
Group's business developed in line with the board's expectations, and the
results for the period and the financial position at the period end were
considered satisfactory, given the increasing competition and regulation within
the sector as well as the global Covid pandemic," said Bashir Nurmohamed,
the CEO of Hantec Markets Group.
"Despite
the extremely challenging environment, the Group managed to maintain in line
with management expectations, client numbers, client deposits, and trade
volumes in the year," he added.
Hantec
Markets is optimistic about future progress and believes the overall business
is "well placed to make further progress during the coming year."
Hantec Hires New Head of
Technology, Launches Institutional Arm
The company
has informed that Michael O'Sullivan has transitioned from his position at
INFINOX to Head of Technology Strategy at Hantec Markets. O'Sullivan initially
joined INFINOX in January 2021, serving as the Head of Technology before
eventually becoming the Chief Technology Officer.
O'Sullivan's
career began at CMC Markets, where he worked for 15 years at the London-based
brokerage, ultimately serving as the Head of Partnerships Operations and
Delivery. He also had a one-year stint at ATFX UK as the Head of Project
Management.
In
preparation for the upcoming launch of Hantec Prime, a forex and CFDs trading
platform aimed at institutional investors, Hantec Markets has also brought on
board Lee Holmes, another former INFINOX Global executive and a past member of
the Executive Management team, to serve as its Head of Institutional Sales.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
