Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Finance Magnates
OptionMetrics Takes Over
Dividend Forecast Data Provider Woodseer Global
OptionMetrics, a top provider of
historical options and implied volatility data, has acquired Woodseer Global, a
provider of dividend forecast data for equities, American depositary receipts
(ADRs) and exchange-traded funds. The company announced the acquisition on
Tuesday without disclosing the sum of the deal.
OptionMetrics, which provides
options and futures database and analytics services to institutional investors
and academic research across the world, believes that the acquisition will help it to expand its research data offerings. The acquisition also means that
the data provider will now operate offices in London, United Kingdom and Vancouver,
Canada.
LCH
SwapAgent Executes Initial KfW Trades with EUR
Today, LCH
SwapAgent, a service catering to the non-cleared derivatives market, announced the addition of KfW to its platform and the successful completion of
the first Transport Currency transactions with KfW and counterparties,
including Danske Bank, Santander, Commerzbank and Bank of America.
As one of
the world's largest cross-currency swap users, KfW employs bilateral derivative
deals to mitigate interest rate and currency risks. In collaboration with LCH
SwapAgent and its market participants, KfW has helped launch Transport Currency
trades.
“The
Transport Currency settlement methodology enables market participants to use
EUR for daily margin payments on cross-currency swaps and benefit from
standardised discounting and valuations. This important innovation leverages
the unique footprint of LCH SwapAgent as a trusted third-party in the bilateral
derivatives market as it develops solutions that increase standardisation and
reduce risk,” LCH commented.
US Court
Halts Voyager's $1 Billion Sale
According
to the court documents seen by Finance Magnates, the sale of Voyager Digital to
Binance.US has been halted. The federal judge decided to postpone the $1 billion
sale after a request by the United States government.
"Upon
consideration of all parties' written submissions, as well as the conferences
and oral argument held in this matter, the Government's emergency motion is
hereby granted," the US District Court in New York, represented by Judge
Jennifer Rearden, stated on March 27.
SEC Secures
Emergency Action against Fraudulent Adviser
The US SEC has charged ex-broker Surage Kamal Roshan Perera and his firm, Janues Capital
Incorporated, with defrauding investors of millions by misrepresenting
investment opportunities and strategies, hiding trading losses, and using a
Ponzi-like scheme. Emergency relief has been obtained, including a temporary
restraining order and asset freeze.
The SEC's
complaint states that from February 2022 to March 2023, Long Island-based
Perera falsely claimed that Janues had access to discounted restricted
securities through institutional investors. In addition, he purportedly promised up to
9% returns, with the potential for 50%, using an 'Options Straddles' trading
strategy. The complaint alleges that Perera and Janues misused at least $3.5
million of investor funds for speculative, leveraged trading, resulting in
nearly $3 million in losses.
Perera
allegedly provided fake confirmation and account statements to conceal the
misappropriation and losses and made Ponzi-like payments using funds from other
sources.
Sucden Financial Allows Chinese Commodities Markets Access
Sucden Financial announced on Tuesday that it is now allowing clients direct electronic access to trade all 25 of China's futures and options contracts available to international participants with a single account.
It came after Sucden became an Overseas Intermediary (OI) of the Shanghai International Energy Exchange (INE), the Dalian Commodity Exchange (DCE), and the Zhengzhou Commodity Exchange (ZCE).
"We are delighted to offer clients access to three key futures markets in China, the world's largest commodity consumer," said Marc Bailey, CEO at Sucden Financial.
New Zealand's FMA Warns against CFDs Broker
The financial market regulator of New Zealand, FMA, warned against CFDs trading platform Soltechx, pointing out that it could be "a scam." The warning came after several clients of the broker complained to the regulator that they could not withdraw their investments.
Soltechx offers trading with risky CFDs instruments, including volatile cryptocurrencies. The platform does not hold any authorization in New Zealand and operates with registration in St. Vincent and Grenadines.
Earlier, Belgium's financial market watchdog, the FSMA, added Soltechx to its list of scammers.
InvestGlass Brings AI to Portfolio Management
Alexandre Gaillard, InvestGlass CEO
Swiss company InvestGlass launched Copilot AI GPT, thus bringing generative AI technology to portfolio management software and CRMs. It will allow the platform to develop and present personalized investment recommendations tailored to each investor's needs.
"This tool will increase user engagement and enable customers to enjoy a more precise and intuitive approach to portfolio management," said the CEO of InvestGlass, Alexandre Gaillard.
Cboe Enhances Silexx
Cboe has further enhanced its multi-asset order execution management system (OEMS), Cboe Silexx, with the introduction of a new order entry tool, Book Trader. Otherwise known as the ladder, it is a unique way of entering and managing orders.
The platform for the institutional marketplace received an Order Greeks Panel to the Multi Order Ticket, which will dynamically display all greeks for single or complex orders, including theoretical price, notional value, and dollar delta.
Cobalt Relaunches as CobaltFX
Marc Levin, Group COO of United Fintech and CEO of CobaltFX
Cobalt, a United Fintech-owned company, announced a rebranding and relaunching of its services as CobaltFX to focus only on the forex market. It has temporarily put the digital asset service outside its offerings and will launch a digital asset venture in Q2.
"We believe both opportunities are huge and should be pursued, but not under the same banner," said Marc Levin, the Group COO of United Fintech, who also took over as the CEO of CobaltFX.
Nomura-backed digital asset platform, Komainu is seeking to register itself with the UK's Financial Conduct Authority, which will allow the company to operate legally in the country. It came as the firm's plans for 'next level' growth.
CMC Markets provided a trading update, putting its net operating income expectation between £280 million and £290 million. In addition, it expects the operating costs minus variable remuneration to sum up to between £215 million and £220 million.
The Commodity Futures Trading Commission brought a lawsuit against the crypto exchange giant, Binance and its CEO, Changpeng Zhao, for operating an illegal derivatives exchange in the country. Moreover, it charged the entity and the individual for 'numerous' other regulatory violations.
Today the CFTC charged Binance and its founder, Changpeng Zhao, with willful evasion of federal law and operating an illegal digital asset derivatives exchange. Learn more: https://t.co/DdczFgvW6A
OptionMetrics Takes Over
Dividend Forecast Data Provider Woodseer Global
OptionMetrics, a top provider of
historical options and implied volatility data, has acquired Woodseer Global, a
provider of dividend forecast data for equities, American depositary receipts
(ADRs) and exchange-traded funds. The company announced the acquisition on
Tuesday without disclosing the sum of the deal.
OptionMetrics, which provides
options and futures database and analytics services to institutional investors
and academic research across the world, believes that the acquisition will help it to expand its research data offerings. The acquisition also means that
the data provider will now operate offices in London, United Kingdom and Vancouver,
Canada.
LCH
SwapAgent Executes Initial KfW Trades with EUR
Today, LCH
SwapAgent, a service catering to the non-cleared derivatives market, announced the addition of KfW to its platform and the successful completion of
the first Transport Currency transactions with KfW and counterparties,
including Danske Bank, Santander, Commerzbank and Bank of America.
As one of
the world's largest cross-currency swap users, KfW employs bilateral derivative
deals to mitigate interest rate and currency risks. In collaboration with LCH
SwapAgent and its market participants, KfW has helped launch Transport Currency
trades.
“The
Transport Currency settlement methodology enables market participants to use
EUR for daily margin payments on cross-currency swaps and benefit from
standardised discounting and valuations. This important innovation leverages
the unique footprint of LCH SwapAgent as a trusted third-party in the bilateral
derivatives market as it develops solutions that increase standardisation and
reduce risk,” LCH commented.
US Court
Halts Voyager's $1 Billion Sale
According
to the court documents seen by Finance Magnates, the sale of Voyager Digital to
Binance.US has been halted. The federal judge decided to postpone the $1 billion
sale after a request by the United States government.
"Upon
consideration of all parties' written submissions, as well as the conferences
and oral argument held in this matter, the Government's emergency motion is
hereby granted," the US District Court in New York, represented by Judge
Jennifer Rearden, stated on March 27.
SEC Secures
Emergency Action against Fraudulent Adviser
The US SEC has charged ex-broker Surage Kamal Roshan Perera and his firm, Janues Capital
Incorporated, with defrauding investors of millions by misrepresenting
investment opportunities and strategies, hiding trading losses, and using a
Ponzi-like scheme. Emergency relief has been obtained, including a temporary
restraining order and asset freeze.
The SEC's
complaint states that from February 2022 to March 2023, Long Island-based
Perera falsely claimed that Janues had access to discounted restricted
securities through institutional investors. In addition, he purportedly promised up to
9% returns, with the potential for 50%, using an 'Options Straddles' trading
strategy. The complaint alleges that Perera and Janues misused at least $3.5
million of investor funds for speculative, leveraged trading, resulting in
nearly $3 million in losses.
Perera
allegedly provided fake confirmation and account statements to conceal the
misappropriation and losses and made Ponzi-like payments using funds from other
sources.
Sucden Financial Allows Chinese Commodities Markets Access
Sucden Financial announced on Tuesday that it is now allowing clients direct electronic access to trade all 25 of China's futures and options contracts available to international participants with a single account.
It came after Sucden became an Overseas Intermediary (OI) of the Shanghai International Energy Exchange (INE), the Dalian Commodity Exchange (DCE), and the Zhengzhou Commodity Exchange (ZCE).
"We are delighted to offer clients access to three key futures markets in China, the world's largest commodity consumer," said Marc Bailey, CEO at Sucden Financial.
New Zealand's FMA Warns against CFDs Broker
The financial market regulator of New Zealand, FMA, warned against CFDs trading platform Soltechx, pointing out that it could be "a scam." The warning came after several clients of the broker complained to the regulator that they could not withdraw their investments.
Soltechx offers trading with risky CFDs instruments, including volatile cryptocurrencies. The platform does not hold any authorization in New Zealand and operates with registration in St. Vincent and Grenadines.
Earlier, Belgium's financial market watchdog, the FSMA, added Soltechx to its list of scammers.
InvestGlass Brings AI to Portfolio Management
Alexandre Gaillard, InvestGlass CEO
Swiss company InvestGlass launched Copilot AI GPT, thus bringing generative AI technology to portfolio management software and CRMs. It will allow the platform to develop and present personalized investment recommendations tailored to each investor's needs.
"This tool will increase user engagement and enable customers to enjoy a more precise and intuitive approach to portfolio management," said the CEO of InvestGlass, Alexandre Gaillard.
Cboe Enhances Silexx
Cboe has further enhanced its multi-asset order execution management system (OEMS), Cboe Silexx, with the introduction of a new order entry tool, Book Trader. Otherwise known as the ladder, it is a unique way of entering and managing orders.
The platform for the institutional marketplace received an Order Greeks Panel to the Multi Order Ticket, which will dynamically display all greeks for single or complex orders, including theoretical price, notional value, and dollar delta.
Cobalt Relaunches as CobaltFX
Marc Levin, Group COO of United Fintech and CEO of CobaltFX
Cobalt, a United Fintech-owned company, announced a rebranding and relaunching of its services as CobaltFX to focus only on the forex market. It has temporarily put the digital asset service outside its offerings and will launch a digital asset venture in Q2.
"We believe both opportunities are huge and should be pursued, but not under the same banner," said Marc Levin, the Group COO of United Fintech, who also took over as the CEO of CobaltFX.
Nomura-backed digital asset platform, Komainu is seeking to register itself with the UK's Financial Conduct Authority, which will allow the company to operate legally in the country. It came as the firm's plans for 'next level' growth.
CMC Markets provided a trading update, putting its net operating income expectation between £280 million and £290 million. In addition, it expects the operating costs minus variable remuneration to sum up to between £215 million and £220 million.
The Commodity Futures Trading Commission brought a lawsuit against the crypto exchange giant, Binance and its CEO, Changpeng Zhao, for operating an illegal derivatives exchange in the country. Moreover, it charged the entity and the individual for 'numerous' other regulatory violations.
Today the CFTC charged Binance and its founder, Changpeng Zhao, with willful evasion of federal law and operating an illegal digital asset derivatives exchange. Learn more: https://t.co/DdczFgvW6A
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
Buy, Build or Both? Trading Tech for Brokers, Banks & Beyond
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
For every feature and product, someone has to decide: build it in-house or buy from a vendor. In Singapore and across APAC, local banks and global players face the same question with very different constraints.
This session gathers heads of technology and e-trading to compare how client demand and cost structures shape their choices, and how long it actually takes to ship in each.
Attendees will walk away with:
First-hand view of how client feedback informs decision-making across different market participants.
Understanding pain points and benefits of working with 3rd party integrations at scale.
Insight into products and innovation banks’ retail and trading heads will look for in 2026.
