Also, HIVE Digital ventures into AI and HPC; UK investment management holds firm.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Wall Street Veteran Moves
to Symphony
Bryan Christian
Bryan
Christian, the Director of LMAX Group in the USA, has changed his post this
month, joining Symphony as the Head of Business Development.
"I’m
happy to share that I’m starting a new position as Head of Business Development
at Symphony,” Christian wrote on his LinkedIn profile.
In the past,
he was associated with CrossTower as the Head of Exchange, Cboe Global Markets
as the SVP Head of US Sales and Nasdaq as the Managing Director.
R.J. O’Brien Announces Key
Executive Promotions
Chicago-based
R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage
and clearing firm in the US, has promoted Matt Heidkamp to Executive Director and Chief Operating Officer (COO) for its US operations. At the same time, Gemma Lloyd was promoted to COO for
the company's EMEA affiliate, R.J. O’Brien Limited.
Both
Heidkamp and Lloyd bring extensive experience to their new roles, with Heidkamp
having nearly 29 years of experience at RJO in trading and operations, and
Lloyd joining earlier this year with over 25 years in client service and sales
management roles in the listed derivatives sector.
Axi Eelevates Ton to Head of
RPA
Johnny Leon Tong
In a
separate move, Axi has informed that Jonny Leon Tong was promoted to Head of
Robotic and Programming Automation (RPA). Tong joined Axi back in 2017 as the
Head of Client Services and worked as the General Manager, Head of Financial
Operations, and Head of Global Middle Office.
“I’m happy
to share that I’m starting a new position as Head of Robotic Programming
Automation (RPA) at Axi,” Tong commented.
Former CEO of BBY Charged
with Fraud
Arunesh
Narain Maharaj, the former CEO of the stockbroking firm BBY Limited, has been
charged with aiding and abetting fraud, the Australian ASIC informed. The charges allege that Maharaj
assisted another former BBY employee in dishonestly obtaining financial
advantages from St George Bank, a division of Westpac Banking Corporation. The
alleged fraudulent activities took place at the end of June 2013 and from
November 2014 to early 2015.
The case has been postponed for reconsideration on 5 December 2023. It is being handled by the Director of the Australian Commonwealth Prosecution Service. He
may carry a maximum penalty of 10 year’s imprisonment.
HIVE Digital Ventures into
AI and HPC
HIVE
Digital Technologies Ltd. has announced an update on its High-Performance
Computing (HPC) and Artificial Intelligence (AI) infrastructure projects. The
company is converting its 38,000 Nvidia data center GPU cards, previously used
for mining Ethereum, into an on-demand GPU cloud service. They aim to have
3,200 GPUs operational in the AI/HPC space by the end of October.
HIVE's HPC
and AI business is currently generating 15 times more revenue than Bitcoin on a
per-megawatt basis. The company is optimistic about the growing demand in the
GPU cloud market, citing a report by Goldman Sachs and Fortune Business
Insights that predicts significant growth in the sector.
Source: Hive Digital
UK Investment Management
Industry Holds Strong Despite Challenges
The UK
investment management industry has seen a decline in Assets under Management
(AuM) to £8.8 trillion in 2022, according to the Investment Association’s
latest survey. This decline is attributed to various factors, including the war
in Ukraine, rising inflation, and political changes in the UK. Despite these
challenges, the industry continues to be a global success.
The UK
managed £4.6 trillion for local retail and institutional investors and an
additional £4.2 trillion for overseas investors. Of these overseas assets, £2.4
trillion is managed for European customers, £845 billion for North American
customers, and an increasing proportion for Asian customers, which now stands
at 16% of AUM (£680 billion).
Wall Street Veteran Moves
to Symphony
Bryan Christian
Bryan
Christian, the Director of LMAX Group in the USA, has changed his post this
month, joining Symphony as the Head of Business Development.
"I’m
happy to share that I’m starting a new position as Head of Business Development
at Symphony,” Christian wrote on his LinkedIn profile.
In the past,
he was associated with CrossTower as the Head of Exchange, Cboe Global Markets
as the SVP Head of US Sales and Nasdaq as the Managing Director.
R.J. O’Brien Announces Key
Executive Promotions
Chicago-based
R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage
and clearing firm in the US, has promoted Matt Heidkamp to Executive Director and Chief Operating Officer (COO) for its US operations. At the same time, Gemma Lloyd was promoted to COO for
the company's EMEA affiliate, R.J. O’Brien Limited.
Both
Heidkamp and Lloyd bring extensive experience to their new roles, with Heidkamp
having nearly 29 years of experience at RJO in trading and operations, and
Lloyd joining earlier this year with over 25 years in client service and sales
management roles in the listed derivatives sector.
Axi Eelevates Ton to Head of
RPA
Johnny Leon Tong
In a
separate move, Axi has informed that Jonny Leon Tong was promoted to Head of
Robotic and Programming Automation (RPA). Tong joined Axi back in 2017 as the
Head of Client Services and worked as the General Manager, Head of Financial
Operations, and Head of Global Middle Office.
“I’m happy
to share that I’m starting a new position as Head of Robotic Programming
Automation (RPA) at Axi,” Tong commented.
Former CEO of BBY Charged
with Fraud
Arunesh
Narain Maharaj, the former CEO of the stockbroking firm BBY Limited, has been
charged with aiding and abetting fraud, the Australian ASIC informed. The charges allege that Maharaj
assisted another former BBY employee in dishonestly obtaining financial
advantages from St George Bank, a division of Westpac Banking Corporation. The
alleged fraudulent activities took place at the end of June 2013 and from
November 2014 to early 2015.
The case has been postponed for reconsideration on 5 December 2023. It is being handled by the Director of the Australian Commonwealth Prosecution Service. He
may carry a maximum penalty of 10 year’s imprisonment.
HIVE Digital Ventures into
AI and HPC
HIVE
Digital Technologies Ltd. has announced an update on its High-Performance
Computing (HPC) and Artificial Intelligence (AI) infrastructure projects. The
company is converting its 38,000 Nvidia data center GPU cards, previously used
for mining Ethereum, into an on-demand GPU cloud service. They aim to have
3,200 GPUs operational in the AI/HPC space by the end of October.
HIVE's HPC
and AI business is currently generating 15 times more revenue than Bitcoin on a
per-megawatt basis. The company is optimistic about the growing demand in the
GPU cloud market, citing a report by Goldman Sachs and Fortune Business
Insights that predicts significant growth in the sector.
Source: Hive Digital
UK Investment Management
Industry Holds Strong Despite Challenges
The UK
investment management industry has seen a decline in Assets under Management
(AuM) to £8.8 trillion in 2022, according to the Investment Association’s
latest survey. This decline is attributed to various factors, including the war
in Ukraine, rising inflation, and political changes in the UK. Despite these
challenges, the industry continues to be a global success.
The UK
managed £4.6 trillion for local retail and institutional investors and an
additional £4.2 trillion for overseas investors. Of these overseas assets, £2.4
trillion is managed for European customers, £845 billion for North American
customers, and an increasing proportion for Asian customers, which now stands
at 16% of AUM (£680 billion).
Aussies on CMC Invest Traded Local Stocks Six Times More Than US-Listed Ones
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.
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
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
