Also, the launch of a Bitcoin mining facility in El Salvador.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Eurex Expands Derivatives
Portfolio
Eurex has
revealed its strategic decision to build a European Union-based liquidity pool
specifically for Euro short-term interest rate (STIR) derivatives, reinforcing
its interest rate derivatives suite. The addition of STIR derivatives to their
Partnership Program underscores Eurex's commitment to enhancing cross-product
efficiencies and furthering the European systemic stability and strategic
autonomy agenda.
In the
context of EU financial stability, the European Securities and Markets
Authority (ESMA) has recognized the importance of euro STIR derivatives
clearing. As such, this expansion aligns with the European Commission's
measures proposed in December 2022 aimed at reducing over-dependence on certain
third-country central counterparty clearing houses (CCPs).
Fiserv Shifts Listing from
NASDAQ to NYSE
Finance Magnates
Global
payments and financial services technology solutions provider, Fiserv Inc.
(NYSE: FI), has successfully transitioned its stock exchange listing to the New
York Stock Exchange (NYSE). Commencing today (Wednesday), Fiserv will trade
under the new ticker symbol 'FI'. Fiserv representatives will
inaugurate the NYSE trading day to commemorate the move by ringing the Opening
Bell.
The
company's decision to migrate to the NYSE and introduce a new ticker symbol
signifies its strong leadership stance in the fintech industry. Fiserv's CEO,
Frank Bisignano, affirmed that their client-centric approach to innovation,
talent, and investment has powered the company's growth.
IG & ECB's Joint
Cricket Initiative
In
collaboration with the England and Wales Cricket Board (ECB), leading trading
and investing provider IG announced the launch of Net Gains. This new
initiative aims to improve local cricket facilities by funding the construction
of cricket nets for community use in the five cities hosting the Ashes Tests (test
cricket series) this summer.
Under the
Net Gains initiative, IG and ECB will invest in public net facilities across
various locations in the country. Cricket fans attending the matches will be
invited to contribute to the IG Net Gains fund by participating in an augmented
reality cricket simulator, where their gameplay performance will translate into
donations to the fund.
SFC Slaps Restrictions on
GGSL
Bloomberg
The
Securities and Futures Commission (SFC) has taken regulatory action against
Global Group Securities Limited (GGSL), issuing a restriction notice to
safeguard client assets. Until further notice, GGSL is prohibited from
conducting any business that constitutes regulated activities for which it is
licensed.
The SFC
asserts that issuing the restriction notice is critical for the protection of
the investing public and in the public interest. The regulatory body's
investigation into GGSL's operations continues. Nonetheless, the announcement
did not disclose the nature of the ongoing investigation.
FCA Flags Finansys FX/Finansysfx.io LTD as 'Potential Scam'
The UK's Financial Conduct Authority (FCA) has warned users against Finansys FX, known as
Finansysfx.io LTD, claiming the company could be offering financial services or
products without authorization.
According to the
regulator, the unauthorized company is located at Trust Company Complex,
Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshal Islands,
MH96960. The FCA identified the firm with the phone number +35795625766, email
address support@finansysfx.com, and websites, www.finansysfx.com, or www.finansys.io.
The regulator added that investors who fall victim to Finansys wouldn't have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).
Citi Launches Automated Settlement Solution in HK
Citi Securities Services announced the launch of a fully automated solution in Hong Kong to improve its custodial capability in post-trade instruction and settlement processing.
The proprietary solution directly connects to Hong Kong’s central clearing and settlement system (CCASS). It came to meet the demand from Citi’s clients for quicker settlement.
“The latest solution is a continuation of our efforts to provide a complete suite of services that are as close to real-time as possible,” said Aditya Sharma, APAC's Head of Custody at Citi Securities Services. “Our latest tool opens up a myriad of benefits for our end clients in post-trade activities in Hong Kong.”
C. Hoare & Co. Taps Integral’s SaaS FX Tech
C. Hoare & Co., the UK’s oldest privately owned bank, has selected Integral’s cloud-based SaaS FX technology, enabling its customers to access market liquidity and competitive FX rates across both their business and personal accounts.
“Integral’s sophisticated SaaS technology provides us with the capabilities to service our customers with the reassurance of Integral’s expertise and high-quality technology,” said Phil Tither, the Treasury Relationship Manager at C. Hoare & Co.
Harpal Sandhu, CEO, Integral
Integral’s CEO, Harpal Sandhu, said: “We are delighted to work with one of the oldest financial institutions in the world, bringing our unrivalled experience and market-leading technology. C. Hoare & Co. and their customers will benefit from our cloud-based SaaS offering, delivering fully automated and highly configurable FX workflow.”
StoneX Expands Prime Brokerage Offering
StoneX Financial Ltd. launched a multi-asset CASS compliant custody solution to enhance its institutional prime offerings. The new solution under the StoneX Institutional Prime brand is coupled with financing capabilities, including repo financing and securities lending.
“The build out of StoneX Institutional Prime is a natural complement to our existing US offering, enabling us to deliver a robust multi-asset set of solutions to support mid-tier hedge funds globally,” said James McAuslan, Stonex’s Global Head of Prime Services and Head of Securities for EMEA.
Along with the product expansion, StoneX strengthened its team behind the prime services with two new appointments. This consists of Gary Clifford-Newman in Cross Asset Sales and James Barten as the Head of EMEA Security Financing.
OKX Enhances Trading Features
Crypto exchange OKX has enhanced futures and perpetual trading with the new place orders by cost feature, allowing users to control costs every time they trade. The new order type is available in hedge mode and can be used with limit, market, and advanced limit orders.
“By providing a new way to place orders, OKX aims to make futures and perpetual trading more accessible and user-friendly,” the crypto exchange stated. “The new Orders by Cost feature is especially useful for traders who pay close attention to margin input every time they place an order and then decide on leverage or risk.”
Swift Explores Blockchain Interoperability
Swift is collaborating with over a dozen institutions to explore blockchain interoperability challenges. It has partnered with Chainlink to integrate with multiple public blockchains.
The partner institutions are ANZ Bank, BNP Paribas, BNY Mellon, Citi, Lloyds Bank, Clearstream, Euroclear, DTCC, and SIX Digital Exchange.
“There’s unlikely to be a single prevailing blockchain network,” said Tom Zschach, the Chief Innovation Officer at Swift. “In such a highly fragmented ecosystem, it would simply not be feasible for financial institutions to connect to each and every platform individually. That’s why the community is working with Swift to develop an interoperability model that would enable access to different platforms globally.”
El Salvador’s Bitcoin Miner Launches with $250M Investment
Volcano Energy has received $250 million of the pledged $1 billion and launched its Bitcoin mining operation in El Salvador. The mining facility has a capacity of 241 megawatts (MW), divided between 169MW of photovoltaic power and 72MW of wind power.
The computing energy of the mining facility is estimated to exceed 1.3 exahashes per second, which will put it among the top 20 Bitcoin mining facilities globally.
Eurex Expands Derivatives
Portfolio
Eurex has
revealed its strategic decision to build a European Union-based liquidity pool
specifically for Euro short-term interest rate (STIR) derivatives, reinforcing
its interest rate derivatives suite. The addition of STIR derivatives to their
Partnership Program underscores Eurex's commitment to enhancing cross-product
efficiencies and furthering the European systemic stability and strategic
autonomy agenda.
In the
context of EU financial stability, the European Securities and Markets
Authority (ESMA) has recognized the importance of euro STIR derivatives
clearing. As such, this expansion aligns with the European Commission's
measures proposed in December 2022 aimed at reducing over-dependence on certain
third-country central counterparty clearing houses (CCPs).
Fiserv Shifts Listing from
NASDAQ to NYSE
Finance Magnates
Global
payments and financial services technology solutions provider, Fiserv Inc.
(NYSE: FI), has successfully transitioned its stock exchange listing to the New
York Stock Exchange (NYSE). Commencing today (Wednesday), Fiserv will trade
under the new ticker symbol 'FI'. Fiserv representatives will
inaugurate the NYSE trading day to commemorate the move by ringing the Opening
Bell.
The
company's decision to migrate to the NYSE and introduce a new ticker symbol
signifies its strong leadership stance in the fintech industry. Fiserv's CEO,
Frank Bisignano, affirmed that their client-centric approach to innovation,
talent, and investment has powered the company's growth.
IG & ECB's Joint
Cricket Initiative
In
collaboration with the England and Wales Cricket Board (ECB), leading trading
and investing provider IG announced the launch of Net Gains. This new
initiative aims to improve local cricket facilities by funding the construction
of cricket nets for community use in the five cities hosting the Ashes Tests (test
cricket series) this summer.
Under the
Net Gains initiative, IG and ECB will invest in public net facilities across
various locations in the country. Cricket fans attending the matches will be
invited to contribute to the IG Net Gains fund by participating in an augmented
reality cricket simulator, where their gameplay performance will translate into
donations to the fund.
SFC Slaps Restrictions on
GGSL
Bloomberg
The
Securities and Futures Commission (SFC) has taken regulatory action against
Global Group Securities Limited (GGSL), issuing a restriction notice to
safeguard client assets. Until further notice, GGSL is prohibited from
conducting any business that constitutes regulated activities for which it is
licensed.
The SFC
asserts that issuing the restriction notice is critical for the protection of
the investing public and in the public interest. The regulatory body's
investigation into GGSL's operations continues. Nonetheless, the announcement
did not disclose the nature of the ongoing investigation.
FCA Flags Finansys FX/Finansysfx.io LTD as 'Potential Scam'
The UK's Financial Conduct Authority (FCA) has warned users against Finansys FX, known as
Finansysfx.io LTD, claiming the company could be offering financial services or
products without authorization.
According to the
regulator, the unauthorized company is located at Trust Company Complex,
Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshal Islands,
MH96960. The FCA identified the firm with the phone number +35795625766, email
address support@finansysfx.com, and websites, www.finansysfx.com, or www.finansys.io.
The regulator added that investors who fall victim to Finansys wouldn't have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS).
Citi Launches Automated Settlement Solution in HK
Citi Securities Services announced the launch of a fully automated solution in Hong Kong to improve its custodial capability in post-trade instruction and settlement processing.
The proprietary solution directly connects to Hong Kong’s central clearing and settlement system (CCASS). It came to meet the demand from Citi’s clients for quicker settlement.
“The latest solution is a continuation of our efforts to provide a complete suite of services that are as close to real-time as possible,” said Aditya Sharma, APAC's Head of Custody at Citi Securities Services. “Our latest tool opens up a myriad of benefits for our end clients in post-trade activities in Hong Kong.”
C. Hoare & Co. Taps Integral’s SaaS FX Tech
C. Hoare & Co., the UK’s oldest privately owned bank, has selected Integral’s cloud-based SaaS FX technology, enabling its customers to access market liquidity and competitive FX rates across both their business and personal accounts.
“Integral’s sophisticated SaaS technology provides us with the capabilities to service our customers with the reassurance of Integral’s expertise and high-quality technology,” said Phil Tither, the Treasury Relationship Manager at C. Hoare & Co.
Harpal Sandhu, CEO, Integral
Integral’s CEO, Harpal Sandhu, said: “We are delighted to work with one of the oldest financial institutions in the world, bringing our unrivalled experience and market-leading technology. C. Hoare & Co. and their customers will benefit from our cloud-based SaaS offering, delivering fully automated and highly configurable FX workflow.”
StoneX Expands Prime Brokerage Offering
StoneX Financial Ltd. launched a multi-asset CASS compliant custody solution to enhance its institutional prime offerings. The new solution under the StoneX Institutional Prime brand is coupled with financing capabilities, including repo financing and securities lending.
“The build out of StoneX Institutional Prime is a natural complement to our existing US offering, enabling us to deliver a robust multi-asset set of solutions to support mid-tier hedge funds globally,” said James McAuslan, Stonex’s Global Head of Prime Services and Head of Securities for EMEA.
Along with the product expansion, StoneX strengthened its team behind the prime services with two new appointments. This consists of Gary Clifford-Newman in Cross Asset Sales and James Barten as the Head of EMEA Security Financing.
OKX Enhances Trading Features
Crypto exchange OKX has enhanced futures and perpetual trading with the new place orders by cost feature, allowing users to control costs every time they trade. The new order type is available in hedge mode and can be used with limit, market, and advanced limit orders.
“By providing a new way to place orders, OKX aims to make futures and perpetual trading more accessible and user-friendly,” the crypto exchange stated. “The new Orders by Cost feature is especially useful for traders who pay close attention to margin input every time they place an order and then decide on leverage or risk.”
Swift Explores Blockchain Interoperability
Swift is collaborating with over a dozen institutions to explore blockchain interoperability challenges. It has partnered with Chainlink to integrate with multiple public blockchains.
The partner institutions are ANZ Bank, BNP Paribas, BNY Mellon, Citi, Lloyds Bank, Clearstream, Euroclear, DTCC, and SIX Digital Exchange.
“There’s unlikely to be a single prevailing blockchain network,” said Tom Zschach, the Chief Innovation Officer at Swift. “In such a highly fragmented ecosystem, it would simply not be feasible for financial institutions to connect to each and every platform individually. That’s why the community is working with Swift to develop an interoperability model that would enable access to different platforms globally.”
El Salvador’s Bitcoin Miner Launches with $250M Investment
Volcano Energy has received $250 million of the pledged $1 billion and launched its Bitcoin mining operation in El Salvador. The mining facility has a capacity of 241 megawatts (MW), divided between 169MW of photovoltaic power and 72MW of wind power.
The computing energy of the mining facility is estimated to exceed 1.3 exahashes per second, which will put it among the top 20 Bitcoin mining facilities globally.
Ukraine Blocks Polymarket as Platform Returns to US Under CFTC Oversight
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
