Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Finance Magnates
LTX Boosts Data-Driven
Corporate Bond Trading Proficiency
LTX, a
division of Broadridge Financial Solutions Inc. (NYSE: BR), has effectively
transitioned its corporate bond e-trading platform to Amazon Web Services
(AWS). By completing this migration, LTX can now harness the robust security
and scalability offered by AWS cloud services and further refine its data science
methodologies. This enhancement empowers clients to make well-informed
corporate bond trading choices, drawing from real-time insights and
transparency.
"By
moving its trading platform and critical business applications to AWS, LTX can
bring even more intelligence and improved functionality for corporate bond
traders in an environment where security and resiliency are the highest
priority," Scott Mullins, the Managing Director of Worldwide Financial
Services at AWS, commented.
"As
LTX and AWS continue working together, we will modernize e-trading technology
while providing increased privacy, agility and scalability for LTX
clients."
Derivatives Trading
Obligation for Specific CDS
In
September 2022, ICE Clear Europe declared the termination of clearing for all credit default swaps (CDS) contracts, effective October
2023. Counterparties must settle their CDS positions on ICE Clear
Europe and create corresponding positions on alternative central counterparties
(CCPs) before the 27th October deadline.
According
to the UK’s FCA
statement, for a smooth transition of positions, market participants plan
to conduct trades beyond the confines of a trading venue. To aid this
migration, counterparties subject to the trading obligation will not be
mandated to enforce that obligation for transactions in the relevant CDS aimed
at relocating existing positions to a new CCP. Additionally, the FCA does not
anticipate that counterparties will need to disclose these trades as per UK MiFIR regulations publicly.
EU
Regulators Step Back from Credit Suisse Writedowns
European
authorities emphasized their separation from Switzerland's move to eliminate
$17 billion of Credit Suisse's bonds following the bank's bailout, asserting
they would prioritize writing down shareholders' investments. In an interview
with CNBC, Dominique Laboureix, the Chair of the EU's Single Resolution
Board, conveyed a distinct message to investors.
“In [a
banking] resolution here, in the European context, we would follow the
hierarchy, and we wanted to tell it very clearly to the investors, to avoid to
be misunderstood: we have no choice but to respect this hierarchy,” Laboureix
said.
LINE and
Mizuho Stop New Bank Project
LINE
Corporation and Mizuho Financial Group have announced their joint decision to
cease the development of a new ‘smartphone bank’. The project, spearheaded by
LINE Bank Preparatory Company, aimed to combine Mizuho Bank's vast banking
expertise with LINE's user-friendly UI/UX and over 94 million active users to
create an unprecedented banking experience within the LINE app.
However,
due to recent trends in financial digital transformation and growing concerns
over service security, both companies have agreed that the project would
require more time and investment than initially anticipated to meet customer
expectations.
Gemini to
Launch Crypto Derivatives Trading Platform
Cameron Winklevoss. Source: LinkedIn
Gemini,
the cryptocurrency exchange owned by the Winklevoss twins, is
examining possibilities to launch an international crypto derivatives trading
platform, according to The Information report from Wednesday.
The new
platform from Gemini would offer trading in perpetual futures. Derivatives of
this type are banned in the United States for retail investors due to their
somewhat risky nature. Making them available in another jurisdiction would
allow Gemini to offer users a product with no expiration date and the possibility
of high leverage.
Nordnet, a pan-Nordic digital savings and investments platform, has expanded its partnership with Google Cloud by five years, aiming to drive innovation and accelerate its transition to the cloud.
The company leverages Google Cloud's secure infrastructure and data analytics and expects to offer most of its online services under cloud technology by 2025. Nordnet's 1.7 million customers.
"The transition to the cloud has made us more agile when handling complex workloads and creating new or improved customer experiences," said Elias Lindholm, the CTO at Nordnet.
Japan Exchange Group Gets Minority Stake in BOOSTRY
Japan Exchange Group has acquired a 5 percent stake in BOOSTRY, a decentralized finance platform, from Nomura. With this, Nomura now holds 51 percent of BOOSTRY, while NRI and SBI have 34 and 10 percent, respectively, stakes.
BOOSTRY, operated by a consortium of 15 companies, issue security tokens for securitized products and corporate bonds. Each company in the consortium performs a specific service, eliminating the chance of a monopoly in the industry.
Saxo to Launch New Marketing Portal
Denmark-headquartered Saxo Bank announced the expected rollout of a new marketing portal within SaxoPartnerConnect in the second half of April. With the new launch, Saxo will decommission the existing marketing portal, WebConnect. The fresh portal will consist of both new content as well as relevant content from the existing portal.
Saxo has been developing SaxoPartnerConnect since 2020 as the new flagship that can serve all types of partners. It is optimized for handling a client base with client screeners as well as bulk modules for corporate actions and case management.
Axi Expands Manchester City Sponsorship Deal
Australia-headquartered FX/CFDs broker, Axi (previously AxiTrader) announced the extension of its sports partnership with the top English football club, Manchester City FC. It has also expanded its sponsorship rights to include Manchester City women's team.
Axi originally became a sponsor of Manchester City FC in September 2020, which coincided with its branding overhaul.
Louis Cooper, Chief Commercial Officer at Axi
Louis Cooper, the Chief Commercial Officer at Axi, said: "From a commercial perspective, the relationship has been extremely successful. Our alignment on a global scale with Manchester City's brand and global fanbase has elevated our position in the marketplace."
Beaxy has shuttered its operations after over three years of launching, following a lawsuit from the US Securities and Exchange (SEC) that charged the platform and its executives for operating an unregistered exchange, brokerage and clearing agency.
The lawsuit alleged that Artak Hamazaspyan, the crypto exchange’s Founder, and his company, Beaxy Digital Limited, for raising $8 million in an unregistered offering of the Beaxy token (BXY). The securities regulator further alleged that Hamazaspyan “misappropriated at least $900,000 for personal use, including gambling.”
LTX Boosts Data-Driven
Corporate Bond Trading Proficiency
LTX, a
division of Broadridge Financial Solutions Inc. (NYSE: BR), has effectively
transitioned its corporate bond e-trading platform to Amazon Web Services
(AWS). By completing this migration, LTX can now harness the robust security
and scalability offered by AWS cloud services and further refine its data science
methodologies. This enhancement empowers clients to make well-informed
corporate bond trading choices, drawing from real-time insights and
transparency.
"By
moving its trading platform and critical business applications to AWS, LTX can
bring even more intelligence and improved functionality for corporate bond
traders in an environment where security and resiliency are the highest
priority," Scott Mullins, the Managing Director of Worldwide Financial
Services at AWS, commented.
"As
LTX and AWS continue working together, we will modernize e-trading technology
while providing increased privacy, agility and scalability for LTX
clients."
Derivatives Trading
Obligation for Specific CDS
In
September 2022, ICE Clear Europe declared the termination of clearing for all credit default swaps (CDS) contracts, effective October
2023. Counterparties must settle their CDS positions on ICE Clear
Europe and create corresponding positions on alternative central counterparties
(CCPs) before the 27th October deadline.
According
to the UK’s FCA
statement, for a smooth transition of positions, market participants plan
to conduct trades beyond the confines of a trading venue. To aid this
migration, counterparties subject to the trading obligation will not be
mandated to enforce that obligation for transactions in the relevant CDS aimed
at relocating existing positions to a new CCP. Additionally, the FCA does not
anticipate that counterparties will need to disclose these trades as per UK MiFIR regulations publicly.
EU
Regulators Step Back from Credit Suisse Writedowns
European
authorities emphasized their separation from Switzerland's move to eliminate
$17 billion of Credit Suisse's bonds following the bank's bailout, asserting
they would prioritize writing down shareholders' investments. In an interview
with CNBC, Dominique Laboureix, the Chair of the EU's Single Resolution
Board, conveyed a distinct message to investors.
“In [a
banking] resolution here, in the European context, we would follow the
hierarchy, and we wanted to tell it very clearly to the investors, to avoid to
be misunderstood: we have no choice but to respect this hierarchy,” Laboureix
said.
LINE and
Mizuho Stop New Bank Project
LINE
Corporation and Mizuho Financial Group have announced their joint decision to
cease the development of a new ‘smartphone bank’. The project, spearheaded by
LINE Bank Preparatory Company, aimed to combine Mizuho Bank's vast banking
expertise with LINE's user-friendly UI/UX and over 94 million active users to
create an unprecedented banking experience within the LINE app.
However,
due to recent trends in financial digital transformation and growing concerns
over service security, both companies have agreed that the project would
require more time and investment than initially anticipated to meet customer
expectations.
Gemini to
Launch Crypto Derivatives Trading Platform
Cameron Winklevoss. Source: LinkedIn
Gemini,
the cryptocurrency exchange owned by the Winklevoss twins, is
examining possibilities to launch an international crypto derivatives trading
platform, according to The Information report from Wednesday.
The new
platform from Gemini would offer trading in perpetual futures. Derivatives of
this type are banned in the United States for retail investors due to their
somewhat risky nature. Making them available in another jurisdiction would
allow Gemini to offer users a product with no expiration date and the possibility
of high leverage.
Nordnet, a pan-Nordic digital savings and investments platform, has expanded its partnership with Google Cloud by five years, aiming to drive innovation and accelerate its transition to the cloud.
The company leverages Google Cloud's secure infrastructure and data analytics and expects to offer most of its online services under cloud technology by 2025. Nordnet's 1.7 million customers.
"The transition to the cloud has made us more agile when handling complex workloads and creating new or improved customer experiences," said Elias Lindholm, the CTO at Nordnet.
Japan Exchange Group Gets Minority Stake in BOOSTRY
Japan Exchange Group has acquired a 5 percent stake in BOOSTRY, a decentralized finance platform, from Nomura. With this, Nomura now holds 51 percent of BOOSTRY, while NRI and SBI have 34 and 10 percent, respectively, stakes.
BOOSTRY, operated by a consortium of 15 companies, issue security tokens for securitized products and corporate bonds. Each company in the consortium performs a specific service, eliminating the chance of a monopoly in the industry.
Saxo to Launch New Marketing Portal
Denmark-headquartered Saxo Bank announced the expected rollout of a new marketing portal within SaxoPartnerConnect in the second half of April. With the new launch, Saxo will decommission the existing marketing portal, WebConnect. The fresh portal will consist of both new content as well as relevant content from the existing portal.
Saxo has been developing SaxoPartnerConnect since 2020 as the new flagship that can serve all types of partners. It is optimized for handling a client base with client screeners as well as bulk modules for corporate actions and case management.
Axi Expands Manchester City Sponsorship Deal
Australia-headquartered FX/CFDs broker, Axi (previously AxiTrader) announced the extension of its sports partnership with the top English football club, Manchester City FC. It has also expanded its sponsorship rights to include Manchester City women's team.
Axi originally became a sponsor of Manchester City FC in September 2020, which coincided with its branding overhaul.
Louis Cooper, Chief Commercial Officer at Axi
Louis Cooper, the Chief Commercial Officer at Axi, said: "From a commercial perspective, the relationship has been extremely successful. Our alignment on a global scale with Manchester City's brand and global fanbase has elevated our position in the marketplace."
Beaxy has shuttered its operations after over three years of launching, following a lawsuit from the US Securities and Exchange (SEC) that charged the platform and its executives for operating an unregistered exchange, brokerage and clearing agency.
The lawsuit alleged that Artak Hamazaspyan, the crypto exchange’s Founder, and his company, Beaxy Digital Limited, for raising $8 million in an unregistered offering of the Beaxy token (BXY). The securities regulator further alleged that Hamazaspyan “misappropriated at least $900,000 for personal use, including gambling.”
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
