Interactive Brokers adds two new exchanges; Public hires SEC's former Chief of Staff.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
BaFin Fines a Manager
for Failing to Publish Financial Reports
Germany’s regulator, the Federal Financial Supervisory Authority (BaFin), imposed a fine
worth 15,000 euros against a manager of a securities firm based in the country.
According to the
regulator, the individual works for a company based in Germany that failed to
publish its half-financial report for 2021. BaFin also
accuses the unnamed individual and the undisclosed company of failing to issue public
announcements accompanying the reports.
The concerned individual has since appealed against the penalty, according to the statement issued by BaFin today (Tuesday).
ION Unveils Fidessa
Spotlight
ION, a trading
and risk management solutions provider, has launched Fidessa Spotlight to boost
global equities trading performance. The innovative technology aims to help
traders improve operations, streamline workflows, and grow businesses amidst
industry demands. Fidessa Spotlight provides a comprehensive solution,
combining dark pools with traditional algorithms, and is expected to reduce
business costs significantly.
Primarily,
Fidessa Spotlight grants traders access to dark volume while maintaining order
in third-party algorithms, thus minimizing market impact. The platform's design
allows users to shape and modify their model with static data changes to
control slice release finely across various venues.
Bitfinex Presents New
Website
Reuters
Bitfinex has
announced the launch of its new website, a centralized hub for all its official
channels. The website represents Bitfinex's commitment to transparency and
trust, providing customers with reliable and updated information about the company's
activities. It serves as a one-stop location for important announcements,
product updates, and the latest news.
The
Bitfinex Channels website covers the company's presence across various social
media platforms. The service provides easy access and validation for Bitfinex's
official pages. It ensures that users stay connected with the company on their
preferred channels.
BingX Integrates
Tealstreet
BingX, a
major crypto exchange, has announced its integration with Tealstreet to enhance
automated crypto trading. The collaboration is set to offer BingX users a more
efficient trading experience by providing access to additional resources.
Tealstreet's
software streamlines order placement and position management, enhancing the
overall trading experience. The free-to-use business model, order tools, and mobile
experience give Tealstreet a competitive edge.
Chainalysis Integrates Coinbase
Commerce
Coinbase
Chainalysis has integrated Coinbase Commerce, allowing customers to pay with a wide range
of digital assets, including DeFi tokens. The new payment option aims to meet customers'
evolving needs, particularly in the fast-growing DeFi sector. It should streamline
the payment process and reduce the friction in fiat transactions.
The crypto
payments integration benefits customers who mainly operate within decentralized
networks and rely on cryptos for financial activities. These customers can now
pay invoices without needing fiat conversions or traditional banking services.
“We
recognize the unique needs of DeFi participants and are excited to support
their operations by accepting a wide variety of digital assets,” Rakib Azad, the
SVP of Finance at Chainalysis, commented.
Interactive Brokers Adds Two More Exchanges
US-headquartered Interactive Brokers has expanded its global brokerage dominance by adding access to two more stock exchanges, Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). Shares listed on Nasdaq Copenhagen will be available for fractional trading.
"Clients seeking to diversify and take advantage of new trading opportunities across geographies in Europe and around the world, can now add Danish and Czech stocks to their portfolios while benefiting from Interactive Brokers' low costs and the ability to trade products across asset classes from a single unified platform," said Milan Galik, Interactive Brokers' CEO.
"Adding Nasdaq Copenhagen and the Prague Stock Exchange reinforces our commitment to providing our clients with the greatest breadth of investment products."
BidFX Hires eFX Expert as Sales Director
BidFX has appointed Eric Marfat as its new Sales Director, stationed at its London office. He joined the new role from Citi, where he was the Vice President of eFX Sales for almost seven years.
According to his Linkedin, he was the eFX Sales Vice President at BNP Paribas and eFX Sales Associate at Morgan Stanley. He started his career at JPMorgan Chase as an Analyst.
Former SEC Chief of Staff Joins Public
Public, a brokerage offering retail investments, announced hiring Prashant Yerramalli as the VP of Operations and Regulatory Affairs. Yerramalli previously served as the Chief of Staff for SEC's Chairman, Gary Gensler and was also one of Gensler's lead advisors.
Prashant Yerramalli, VP of Operations and Regulatory Affairs at Public
He has been tasked to manage Public's overall risk profile and will provide strategic support to the legal and compliance teams in regulatory matters.
"Throughout my career, I have seen firsthand the power of new technologies on the financial markets and the transformation that can occur in people's lives by saving and investing for their futures," Yerramalli said.
Orbex Launches Prepaid Card
Orbex, a retail brokerage platform, expanded its product range with the launch of the new Orbex Prepaid Card and Orbex Card app. Orbex Maestro Prepaid Card is available for the broker's clients in the Gulf Region, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Palestine.
On top of that, the newly launched app to support the prepaid card is available on Android and iOS.
CLS Adds Six New Board Directors
CLS, a provider of forex market settlement services, announced the appointment of six new board members: Debbie Chin from United Overseas Bank, Alberto Covin from UniCredit, Bruno d'llliers from BNP Paribas, Rodolphe Sahel from Société Générale, Jodi Schenck from Citibank, and Bhupesh Vora from Royal Bank of Canada.
All of these new appointments bring extensive financial industry knowledge to the table.
"Their extensive market infrastructure knowledge and leadership experience in financial markets will be invaluable, and we look forward to their contributions as we continue to develop CLS's services to solve the challenges facing the FX industry," said Gottfried Leibbrandt, Chair at CLS.
BaFin Fines a Manager
for Failing to Publish Financial Reports
Germany’s regulator, the Federal Financial Supervisory Authority (BaFin), imposed a fine
worth 15,000 euros against a manager of a securities firm based in the country.
According to the
regulator, the individual works for a company based in Germany that failed to
publish its half-financial report for 2021. BaFin also
accuses the unnamed individual and the undisclosed company of failing to issue public
announcements accompanying the reports.
The concerned individual has since appealed against the penalty, according to the statement issued by BaFin today (Tuesday).
ION Unveils Fidessa
Spotlight
ION, a trading
and risk management solutions provider, has launched Fidessa Spotlight to boost
global equities trading performance. The innovative technology aims to help
traders improve operations, streamline workflows, and grow businesses amidst
industry demands. Fidessa Spotlight provides a comprehensive solution,
combining dark pools with traditional algorithms, and is expected to reduce
business costs significantly.
Primarily,
Fidessa Spotlight grants traders access to dark volume while maintaining order
in third-party algorithms, thus minimizing market impact. The platform's design
allows users to shape and modify their model with static data changes to
control slice release finely across various venues.
Bitfinex Presents New
Website
Reuters
Bitfinex has
announced the launch of its new website, a centralized hub for all its official
channels. The website represents Bitfinex's commitment to transparency and
trust, providing customers with reliable and updated information about the company's
activities. It serves as a one-stop location for important announcements,
product updates, and the latest news.
The
Bitfinex Channels website covers the company's presence across various social
media platforms. The service provides easy access and validation for Bitfinex's
official pages. It ensures that users stay connected with the company on their
preferred channels.
BingX Integrates
Tealstreet
BingX, a
major crypto exchange, has announced its integration with Tealstreet to enhance
automated crypto trading. The collaboration is set to offer BingX users a more
efficient trading experience by providing access to additional resources.
Tealstreet's
software streamlines order placement and position management, enhancing the
overall trading experience. The free-to-use business model, order tools, and mobile
experience give Tealstreet a competitive edge.
Chainalysis Integrates Coinbase
Commerce
Coinbase
Chainalysis has integrated Coinbase Commerce, allowing customers to pay with a wide range
of digital assets, including DeFi tokens. The new payment option aims to meet customers'
evolving needs, particularly in the fast-growing DeFi sector. It should streamline
the payment process and reduce the friction in fiat transactions.
The crypto
payments integration benefits customers who mainly operate within decentralized
networks and rely on cryptos for financial activities. These customers can now
pay invoices without needing fiat conversions or traditional banking services.
“We
recognize the unique needs of DeFi participants and are excited to support
their operations by accepting a wide variety of digital assets,” Rakib Azad, the
SVP of Finance at Chainalysis, commented.
Interactive Brokers Adds Two More Exchanges
US-headquartered Interactive Brokers has expanded its global brokerage dominance by adding access to two more stock exchanges, Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). Shares listed on Nasdaq Copenhagen will be available for fractional trading.
"Clients seeking to diversify and take advantage of new trading opportunities across geographies in Europe and around the world, can now add Danish and Czech stocks to their portfolios while benefiting from Interactive Brokers' low costs and the ability to trade products across asset classes from a single unified platform," said Milan Galik, Interactive Brokers' CEO.
"Adding Nasdaq Copenhagen and the Prague Stock Exchange reinforces our commitment to providing our clients with the greatest breadth of investment products."
BidFX Hires eFX Expert as Sales Director
BidFX has appointed Eric Marfat as its new Sales Director, stationed at its London office. He joined the new role from Citi, where he was the Vice President of eFX Sales for almost seven years.
According to his Linkedin, he was the eFX Sales Vice President at BNP Paribas and eFX Sales Associate at Morgan Stanley. He started his career at JPMorgan Chase as an Analyst.
Former SEC Chief of Staff Joins Public
Public, a brokerage offering retail investments, announced hiring Prashant Yerramalli as the VP of Operations and Regulatory Affairs. Yerramalli previously served as the Chief of Staff for SEC's Chairman, Gary Gensler and was also one of Gensler's lead advisors.
Prashant Yerramalli, VP of Operations and Regulatory Affairs at Public
He has been tasked to manage Public's overall risk profile and will provide strategic support to the legal and compliance teams in regulatory matters.
"Throughout my career, I have seen firsthand the power of new technologies on the financial markets and the transformation that can occur in people's lives by saving and investing for their futures," Yerramalli said.
Orbex Launches Prepaid Card
Orbex, a retail brokerage platform, expanded its product range with the launch of the new Orbex Prepaid Card and Orbex Card app. Orbex Maestro Prepaid Card is available for the broker's clients in the Gulf Region, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Palestine.
On top of that, the newly launched app to support the prepaid card is available on Android and iOS.
CLS Adds Six New Board Directors
CLS, a provider of forex market settlement services, announced the appointment of six new board members: Debbie Chin from United Overseas Bank, Alberto Covin from UniCredit, Bruno d'llliers from BNP Paribas, Rodolphe Sahel from Société Générale, Jodi Schenck from Citibank, and Bhupesh Vora from Royal Bank of Canada.
All of these new appointments bring extensive financial industry knowledge to the table.
"Their extensive market infrastructure knowledge and leadership experience in financial markets will be invaluable, and we look forward to their contributions as we continue to develop CLS's services to solve the challenges facing the FX industry," said Gottfried Leibbrandt, Chair at CLS.
Typosquatting Goes Industrial: Why One Broker Registered Over 600 Domains
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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
