Also, a new CEO at OneID; and Marex Solutions' partnership.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Trade History in Fortex 6
WebTrader
Fortex, an
FX and CFDs broker, has upgraded its web trader platform Fortex 6, adding a
trade history feature. It allows users to monitor all their transactions,
encompassing each trade's date, time, volume, and cost. By offering insights
into their trading performance, this feature assists traders in making more
informed decisions.
In addition
to the trade history capability, Fortexhas incorporated other enhancements
into its Fortex 6 WebTrader, such as refined charting tools and new order
types. These additions aim to increase traders' command over their
trading activities and facilitate well-informed decision-making.
Kaiko to Support IPC
Connexus Crypto Ecosystem
IPC, a provider
of multi-cloud connectivity solutions, has joined forces with Kaiko, a digital
currency market intelligence supplier. This collaboration aims to deliver
top-tier data services to the Connexus Crypto network offered by IPC.
Launched
just a year ago, Connexus Crypto is IPC's offering for digital asset trading.
It accommodates a variety of trading techniques and empowers market players to purchase
and offload cryptocurrencies across various markets concurrently. It offers
minimal latency connectivity while granting access to liquidity from multiple
global crypto exchanges.
Trader Banned for 10 Years
Hong Kong's SFC has imposed a 10-year ban on Peter Law Chi Kin, a previously licensed Convoy
Asset Management Limited (CAML) representative, effective until April 2033. The
ban is due to his involvement in a stock manipulation scheme. Additionally, the
SFC has levied a fine of $535,500 on Law Chi Kin, reflecting the profit he gained
through the illegal activities.
Between
June and July 2016, Law Chi Kin was convinced by his associate Wong Kwun Shing to
participate in a scheme. He persuaded 10 of his clients to purchase shares of a
company listed on the Growth Enterprise Market of The Stock Exchange of Hong
Kong Limited from the individuals orchestrating the scheme.
Stripe Launches Revenue
Reporting
Stripe, a
pioneering financial infrastructure platform for businesses, unveiled its
expanded revenue and finance automation suite today, designed to empower businesses
with control over their entire cash flow lifecycle.
Launching Revenue Reporting and upgrades to Stripe Tax and Stripe Billing will allow
the company to bring its user-centric approach from payment processing to
back-office operations.
"Stripe’s
revenue and finance automation suite is designed to be a smooth, one-stop shop
for forward-thinking finance teams,” Vivek Sharma, the Head of Revenue and Finance
Automation at Stripe, commented.
New Zealand's FMA Flags Fraudulent Platform
On Wednesday, New Zealand's financial market regulator, the FMA, warned against DCMAtrading.com, which offers trading in foreign exchange, cryptocurrency, and CFDs.
The FMA highlighted DCMAtrading.com is not holding any license in New Zealand for offering such services.
As seen on the website, the platform claims to be associated with a New Zealand company, Deutsche Capital Markets Australia Limited (DCMAL), a subsidiary of Deutsche Bank Australia and New Zealand (DBANZ), which is false.
Admirals Adds 32 New Currency Pairs
Admirals, an FX and CFDs broker, sweetened its offerings with the addition of 32 new currency pairs. These will be available to Trade.MT5 and Zero.MT5 account holders.
The new additions include pairs of the Danish krone, Singapore dollar, and South African rand with other major currencies. With these additions, the platform now offers 80 currency pairs.
CFTC Fines Mizuho Capital Markets
The Commodity Futures Trading Commission has slapped the swap dealer, Mizuho Capital Markets with $6.5 million for trade practice violations. According to the regulator, the company failed to make adequate disclosures to customers for certain foreign exchange forward transactions.
Now, Mizuho must pay $1,847,182.90 in restitution and another $5 million in penalties. Additionally, the regulator issued a cease and desist order against the company.
OneID Oboards New CEO
The identity service provider, OneID, has appointed Paula Sussex as the new CEO, who will lead the company through the next expansion period. She replaces Martin Wilson, who will now continue as a Non-Executive Director.
Paula Sussex, OneID's CEO
Before OneID, Sussex headed the Student Loans Company as the CEO for over four years. She comes with a business background in consulting and technology services.
"There is growing recognition that identity technology can help solve huge commercial and social issues such as fraud, compliance and cost of securing data in a business," said Sussex. "OneID tackles all of these issues and I’m delighted to be joining at such an exciting time."
Marex Solutions Taps MDX Technology
Marex Solutions, the unit of Marex specializing in customized OTC derivatives and structured Products, has expanded its relationship with MDX Technology by selecting the MDXT low-code workflow platform to automate post-trade processes for their US-based grains business.
Marex Solutions is already using the services of MDXT Connect for the distribution of real-time data from internal trading systems.
"This project represents a customer-led pivot in how we develop and adopt modern, highly flexible technology-driven service capabilities," said Eugene Faller, the Head of Enterprise Solutions at Marex Solutions. "Low-code means that we can test embryonic ideas and implement continuous feedback and improvement cycles as a collaborative approach with our customers."
First Republic Bank Mulls Asset Sale
First Republic Bank, a San Fransisco-based lender, is evaluating the possibilities of divesting assets between $50 million and $100 million to rescue its operations from the ongoing troubles.
The bank aims to reduce the mismatch between its assets and liabilities by selling some long-dated mortgages and securities.
First Republic Bank had a total asset of $233 billion at the end of March, which included $173 billion of loans and $35 billion of investment securities.
The shares of the bank plunged dramatically since the latest US banking crisis. It had a market cap of over $22 billion at the start of March but is now left with only $1.5 billion.
Fortex, an
FX and CFDs broker, has upgraded its web trader platform Fortex 6, adding a
trade history feature. It allows users to monitor all their transactions,
encompassing each trade's date, time, volume, and cost. By offering insights
into their trading performance, this feature assists traders in making more
informed decisions.
In addition
to the trade history capability, Fortexhas incorporated other enhancements
into its Fortex 6 WebTrader, such as refined charting tools and new order
types. These additions aim to increase traders' command over their
trading activities and facilitate well-informed decision-making.
Kaiko to Support IPC
Connexus Crypto Ecosystem
IPC, a provider
of multi-cloud connectivity solutions, has joined forces with Kaiko, a digital
currency market intelligence supplier. This collaboration aims to deliver
top-tier data services to the Connexus Crypto network offered by IPC.
Launched
just a year ago, Connexus Crypto is IPC's offering for digital asset trading.
It accommodates a variety of trading techniques and empowers market players to purchase
and offload cryptocurrencies across various markets concurrently. It offers
minimal latency connectivity while granting access to liquidity from multiple
global crypto exchanges.
Trader Banned for 10 Years
Hong Kong's SFC has imposed a 10-year ban on Peter Law Chi Kin, a previously licensed Convoy
Asset Management Limited (CAML) representative, effective until April 2033. The
ban is due to his involvement in a stock manipulation scheme. Additionally, the
SFC has levied a fine of $535,500 on Law Chi Kin, reflecting the profit he gained
through the illegal activities.
Between
June and July 2016, Law Chi Kin was convinced by his associate Wong Kwun Shing to
participate in a scheme. He persuaded 10 of his clients to purchase shares of a
company listed on the Growth Enterprise Market of The Stock Exchange of Hong
Kong Limited from the individuals orchestrating the scheme.
Stripe Launches Revenue
Reporting
Stripe, a
pioneering financial infrastructure platform for businesses, unveiled its
expanded revenue and finance automation suite today, designed to empower businesses
with control over their entire cash flow lifecycle.
Launching Revenue Reporting and upgrades to Stripe Tax and Stripe Billing will allow
the company to bring its user-centric approach from payment processing to
back-office operations.
"Stripe’s
revenue and finance automation suite is designed to be a smooth, one-stop shop
for forward-thinking finance teams,” Vivek Sharma, the Head of Revenue and Finance
Automation at Stripe, commented.
New Zealand's FMA Flags Fraudulent Platform
On Wednesday, New Zealand's financial market regulator, the FMA, warned against DCMAtrading.com, which offers trading in foreign exchange, cryptocurrency, and CFDs.
The FMA highlighted DCMAtrading.com is not holding any license in New Zealand for offering such services.
As seen on the website, the platform claims to be associated with a New Zealand company, Deutsche Capital Markets Australia Limited (DCMAL), a subsidiary of Deutsche Bank Australia and New Zealand (DBANZ), which is false.
Admirals Adds 32 New Currency Pairs
Admirals, an FX and CFDs broker, sweetened its offerings with the addition of 32 new currency pairs. These will be available to Trade.MT5 and Zero.MT5 account holders.
The new additions include pairs of the Danish krone, Singapore dollar, and South African rand with other major currencies. With these additions, the platform now offers 80 currency pairs.
CFTC Fines Mizuho Capital Markets
The Commodity Futures Trading Commission has slapped the swap dealer, Mizuho Capital Markets with $6.5 million for trade practice violations. According to the regulator, the company failed to make adequate disclosures to customers for certain foreign exchange forward transactions.
Now, Mizuho must pay $1,847,182.90 in restitution and another $5 million in penalties. Additionally, the regulator issued a cease and desist order against the company.
OneID Oboards New CEO
The identity service provider, OneID, has appointed Paula Sussex as the new CEO, who will lead the company through the next expansion period. She replaces Martin Wilson, who will now continue as a Non-Executive Director.
Paula Sussex, OneID's CEO
Before OneID, Sussex headed the Student Loans Company as the CEO for over four years. She comes with a business background in consulting and technology services.
"There is growing recognition that identity technology can help solve huge commercial and social issues such as fraud, compliance and cost of securing data in a business," said Sussex. "OneID tackles all of these issues and I’m delighted to be joining at such an exciting time."
Marex Solutions Taps MDX Technology
Marex Solutions, the unit of Marex specializing in customized OTC derivatives and structured Products, has expanded its relationship with MDX Technology by selecting the MDXT low-code workflow platform to automate post-trade processes for their US-based grains business.
Marex Solutions is already using the services of MDXT Connect for the distribution of real-time data from internal trading systems.
"This project represents a customer-led pivot in how we develop and adopt modern, highly flexible technology-driven service capabilities," said Eugene Faller, the Head of Enterprise Solutions at Marex Solutions. "Low-code means that we can test embryonic ideas and implement continuous feedback and improvement cycles as a collaborative approach with our customers."
First Republic Bank Mulls Asset Sale
First Republic Bank, a San Fransisco-based lender, is evaluating the possibilities of divesting assets between $50 million and $100 million to rescue its operations from the ongoing troubles.
The bank aims to reduce the mismatch between its assets and liabilities by selling some long-dated mortgages and securities.
First Republic Bank had a total asset of $233 billion at the end of March, which included $173 billion of loans and $35 billion of investment securities.
The shares of the bank plunged dramatically since the latest US banking crisis. It had a market cap of over $22 billion at the start of March but is now left with only $1.5 billion.
Former Airsoft CEO Faces Trial in Germany for Offering Tech to Forex Frauds
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
