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Executives
Finalto Promotes Andrew Biggs to Group Head of Risk and Trading
2022-11-10T22:56:26.129+02:00
Biggs was previously Finalto's Head of Liquidity and Systematic Market Making.
He has held several top executive roles in the last 10 years.
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Retail FX
Swissquote Confirms ‘Massive DDoS Attack’, Works on Solution
2022-11-09T18:44:21.902+02:00
The trading platform attributed the attack to "massive data volumes."
Swissquote says the client's safety "was never at risk."
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LiteFinance Warns of Possible ‘Unstable’ Markets amidst US Midterms
2022-11-08T16:59:14.332+02:00
The broker warned customers of “wider spreads, higher volatility."
Strategas' research suggests equity traders are betting on a Republican win.
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Retail FX
Analysis
Apple’s MetaTrader Ban: What's Changed in CFDs?
2022-11-08T14:16:49.927+02:00
Tech providers address integration and due diligence as demands soar.
They express mixed views about the move's impact on bad actors.
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Executives
Axi’s Ben Swann Joins Eurotrader as Chief Technology Officer
2022-10-31T18:26:44.381+02:00
Swann brings nearly two decades of experience to the role.
He was previously the Group Head of Technology at Axi.
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FinTech
UK FCA Rejects 20% of Firms Applying for Authorization
2022-10-28T17:07:15.637+02:00
The regulator recently halted the operations of 16 CFD operators
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Retail FX
XTrend Seals Sponsorship Deal with ACF Fiorentina
2022-10-27T11:36:26.930+02:00
XTrend was founded in 2018 and is supervised by CySEC.
ACF Fiorentina has been playing in the Italian Serie A for nearly 100 years.
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Executives
Horizon Software Promotes Francois-Xavier Detourniere to Product Head
2022-10-21T21:01:38.077+02:00
Detourniere has been Horizon's Regional Director for SE Asia since September 2018.
The technology provider said the move is targeted at boosting its offering in APAC.
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CryptoCurrency
Broker OANDA Rebrands, Launches Crypto Trading Service in US Market
2022-10-21T00:34:31.880+02:00
The crypto trading function was launched in partnership with Paxos.
Customers to trade crypto alongside forex portfolios from the OANDA mobile app.
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Executives
BUX’s Nathan Sage Joins CMC Markets as Equities Risk Trading Manager
2022-10-20T23:03:04.186+02:00
Sage was a Senior Trader at BUX.
He has over seven years of experience in FX, spread betting and CFD markets.
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Executives
ThinkMarkets Hires GMI’s Chantelle Lea as Marketing Manager
2022-10-18T21:08:24.672+02:00
Lea was previously the Head of Marketing at Global Market Index (GMI).
She brings over a decade of experience to the role.
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Executives
BUX Appoints Salim Sebbata as Managing Director for Stryk
2022-10-12T21:21:32.047+02:00
Sebbata is the CEO of BUX UK.
His appointment is one of several the brokerage has made in the past months.
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Executives
Zenfinex Hires Alexandros Kritiotis as Global Chief Operating Officer
2022-10-12T17:59:01.142+02:00
Kritiotis resumed duty in August.
Zenfinex reported a 1,281% growth in fiscal year 2021.
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Executives
EXCLUSIVE: Advanced Markets Bermuda Appoints Omar Qaryouti as MD Commercial and Sales
2022-10-11T12:49:16.368+02:00
Qaryouti joined Advanced Markets from CMS Prime.
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Executives
Equiti Capital Hires MaxxTrader’s Tracey Kent as Senior BDM
2022-10-10T21:13:07.334+02:00
Kent spent over three years at FlexTrade Systems.
Equiti Capital recently appointed Steve Reeves as a Non-Executive Director.
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Executives
Saxo Bank Selects Mads Petersen as Interim CFO as Mette Pedersen Exits
2022-10-10T12:24:16.410+02:00
Petersen was the Head of Commercial Finance until the appointment.
Pedersen is leaving after almost two years of serving as the Group CFO.
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Retail FX
EXCLUSIVE: M4Markets Aims for Europe with New CySEC License
2022-10-10T11:13:07.217+02:00
M4Markets raised an undisclosed sum in capital round earlier in the year.
Competitor Equiti Group has also secured a CySEC license.
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Executives
OnePro Appoints Mohamed Elsergany as MENA CEO and Global CMO
2022-10-07T20:45:38.063+02:00
Elsergany was previously PU Prime's Regional Director for MENA.
OnePro also hired PU Prime's Mohanad Yakout as the Global Head of Market Research.
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FinCom Awards 36% More Compensations to Forex Traders in Q3 2022
2022-10-07T19:21:49.708+02:00
The number of complaints rose 5% to 809 complaints during Q3 2022.
The majority of complaints were about account blockage and funds withdrawal.
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Retail FX
Australian Broker Vantage Becomes Newest Member of FinCom
2022-10-07T16:14:38.454+02:00
FinComm has over 40 approved forex broker members.
Moneta Markets separated from Vantage last month.
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Retail FX
Forex and Equities Push Saxo Bank's Volume 43% Higher in September
2022-10-06T17:10:10.769+02:00
The new volume reverses a 3-month consecutive decline in volume.
Saxo Bank's net profit sank 41% in the half-year of 2022.
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Institutional FX
CMC Markets Expects 21% Jump in Half-Year FY23’s Net Operating Income
2022-10-06T11:48:47.676+02:00
The broker estimates NOI will bring in approximately £153M.
CMC Markets has launched a UK investment platform as part of diversification plan.
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Retail FX
Spotware Introduces Broker OAuth to Simplify User Authentication
2022-10-03T22:13:17.915+02:00
The new solution eases KYC checks and the deposit process.
It was developed to meet brokers' demand for an easier onboarding process for traders.
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Executives
PU Prime’s Mohanad Yakout Joins OnePro as Global Head of Market Research
2022-10-01T12:59:58.008+02:00
Yakout was previously PU Prime's Market Analysis Manager.
His new role is based in Dubai in the United Arab Emirates.
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Retail FX
Germany’s BaFin Says Trading Platform GTS Financial Not Authorized
2022-09-19T15:41:31.410+02:00
GTS Financial is not under BaFin's supervision.
The regulator last month flagged LiquiTrade Limited.
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