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FinTech

UK FCA Rejects 20% of Firms Applying for Authorization

  • The regulator recently halted the operations of 16 CFD operators
Friday, 28/10/2022 | 15:07 GMT by Solomon Oladipupo
Executives

Horizon Software Promotes Francois-Xavier Detourniere to Product Head

  • 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.
Friday, 21/10/2022 | 19:01 GMT by Solomon Oladipupo
CryptoCurrency

Broker OANDA Rebrands, Launches Crypto Trading Service in US Market

  • The crypto trading function was launched in partnership with Paxos.
  • Customers to trade crypto alongside forex portfolios from the OANDA mobile app.
Thursday, 20/10/2022 | 22:34 GMT by Solomon Oladipupo
Executives

BUX’s Nathan Sage Joins CMC Markets as Equities Risk Trading Manager

  • Sage was a Senior Trader at BUX.
  • He has over seven years of experience in FX, spread betting and CFD markets.
Thursday, 20/10/2022 | 21:03 GMT by Solomon Oladipupo
Executives

ThinkMarkets Hires GMI’s Chantelle Lea as Marketing Manager

  • Lea was previously the Head of Marketing at Global Market Index (GMI).
  • She brings over a decade of experience to the role.
Tuesday, 18/10/2022 | 19:08 GMT by Solomon Oladipupo
Executives

BUX Appoints Salim Sebbata as Managing Director for Stryk

  • Sebbata is the CEO of BUX UK.
  • His appointment is one of several the brokerage has made in the past months.
Wednesday, 12/10/2022 | 19:21 GMT by Solomon Oladipupo
Executives

Zenfinex Hires Alexandros Kritiotis as Global Chief Operating Officer

  • Kritiotis resumed duty in August.
  • Zenfinex reported a 1,281% growth in fiscal year 2021.
Wednesday, 12/10/2022 | 15:59 GMT by Solomon Oladipupo
Executives

EXCLUSIVE: Advanced Markets Bermuda Appoints Omar Qaryouti as MD Commercial and Sales

  • Qaryouti joined Advanced Markets from CMS Prime.
Tuesday, 11/10/2022 | 10:49 GMT by Solomon Oladipupo
Executives

Equiti Capital Hires MaxxTrader’s Tracey Kent as Senior BDM

  • Kent spent over three years at FlexTrade Systems.
  • Equiti Capital recently appointed Steve Reeves as a Non-Executive Director.
Monday, 10/10/2022 | 19:13 GMT by Solomon Oladipupo
Executives

Saxo Bank Selects Mads Petersen as Interim CFO as Mette Pedersen Exits

  • Petersen was the Head of Commercial Finance until the appointment.
  • Pedersen is leaving after almost two years of serving as the Group CFO.
Monday, 10/10/2022 | 10:24 GMT by Solomon Oladipupo
Retail FX

EXCLUSIVE: M4Markets Aims for Europe with New CySEC License

  • M4Markets raised an undisclosed sum in capital round earlier in the year.
  • Competitor Equiti Group has also secured a CySEC license.
Monday, 10/10/2022 | 09:13 GMT by Solomon Oladipupo
Executives

OnePro Appoints Mohamed Elsergany as MENA CEO and Global CMO

  • 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.
Friday, 07/10/2022 | 18:45 GMT by Solomon Oladipupo
Retail FX

FinCom Awards 36% More Compensations to Forex Traders in Q3 2022

  • The number of complaints rose 5% to 809 complaints during Q3 2022.
  • The majority of complaints were about account blockage and funds withdrawal.
Friday, 07/10/2022 | 17:21 GMT by Solomon Oladipupo
Retail FX

Australian Broker Vantage Becomes Newest Member of FinCom

  • FinComm has over 40 approved forex broker members.
  • Moneta Markets separated from Vantage last month.
Friday, 07/10/2022 | 14:14 GMT by Solomon Oladipupo
Retail FX

Forex and Equities Push Saxo Bank's Volume 43% Higher in September

  • The new volume reverses a 3-month consecutive decline in volume.
  • Saxo Bank's net profit sank 41% in the half-year of 2022.
Thursday, 06/10/2022 | 15:10 GMT by Solomon Oladipupo
Institutional FX

CMC Markets Expects 21% Jump in Half-Year FY23’s Net Operating Income

  • The broker estimates NOI will bring in approximately £153M.
  • CMC Markets has launched a UK investment platform as part of diversification plan.
Thursday, 06/10/2022 | 09:48 GMT by Solomon Oladipupo
Retail FX

Spotware Introduces Broker OAuth to Simplify User Authentication

  • The new solution eases KYC checks and the deposit process.
  • It was developed to meet brokers' demand for an easier onboarding process for traders.
Monday, 03/10/2022 | 20:13 GMT by Solomon Oladipupo
Executives

PU Prime’s Mohanad Yakout Joins OnePro as Global Head of Market Research

  • Yakout was previously PU Prime's Market Analysis Manager.
  • His new role is based in Dubai in the United Arab Emirates.
Saturday, 01/10/2022 | 10:59 GMT by Solomon Oladipupo
Executives

Mohamed Elsergany Resigns as PU Prime’s Regional Director for MENA

  • Elsergany spent a year in the role.
  • He was previously the MENA Regional Director at CJC Markets Global.
Tuesday, 13/09/2022 | 19:11 GMT by Solomon Oladipupo
Analysis
Analysis
Retail FX
Analysis
Analysis

Can New Offshore Brokers Adapt as MetaQuotes Tightens Its White Label Policy?

  • MT4/5 is the top choice trading platform among CFD brokers, even white labels.
  • But, MetaQuotes' new white label requirements are troubling new offshore brokers.
Friday, 09/09/2022 | 15:16 GMT by Solomon Oladipupo
Executives

M4Markets Promotes Mariliza Karrera to Head of Marketing

  • Karrera was previously a Marketing Executive at Tickmill.
  • She brings seven years of marketing experience to the role.
Thursday, 08/09/2022 | 17:33 GMT by Solomon Oladipupo
Regulation

Leading FX Brokers Flagged by Indian Central Bank

  • The regulator named 34 unauthorized entities on the list.
  • Deposits made to those platforms violate local forex law.
Thursday, 08/09/2022 | 09:45 GMT by Arnab Shome
Retail FX

Deriv Group Launches New CFD White Label, Deriv X

  • Deriv X was developed based on Devexperts' DXtrade, a SaaS trading solution.
  • The white label is available to traders worldwide, except for those residing in Europe.
Tuesday, 06/09/2022 | 17:34 GMT by Solomon Oladipupo
Executives

Revolut Hires ArgusFX’s Christos Drakos as Executive Director for Cyprus

  • Drakos has been an Executive Director at ArgusFX and OvalX.
  • He has over 10 years of industry experience.
Monday, 05/09/2022 | 20:05 GMT by Solomon Oladipupo
Executives

EXCLUSIVE: Roman Krutyanskiy to Step In as MD of Admirals in Germany

  • Roman Krutyanskiy is to replace Jens Chrzanowski who left Admirals last month.
  • Krutyanskiy says he wants to 'expand and advance' Admirals' presence in Germany.
Friday, 02/09/2022 | 18:04 GMT by Solomon Oladipupo
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