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Brokers
eToro (UK) Posts Solid 2019 Revenue Jump
2020-12-17T09:21:32.000+02:00
The revenue of the UK unit in 2019 surged by 47.6 percent.
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Regulation
UK Crypto Firms Awaiting Recognition Get Temporary Relief
2020-12-16T11:25:22.000+02:00
The companies which have applied for recognition can offer their services till July 9, 2021.
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Regulation
FCA Permanently Bans Speculative Mini-Bond Mass Marketing
2020-12-10T13:15:16.000+02:00
The already imposed temporary ban will become permanent on January 1, 2021.
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News
Starling Becomes First Digital Bank to Post Profits
2020-11-20T15:09:44.000+02:00
The bank generated an operating profit of £0.8 million in October.
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News
Gemini Taps ClearBank for Banking Services in the UK
2020-11-19T11:27:29.000+02:00
The banking services will include dedicated account numbers, sort codes, and Faster Payments.
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Institutional FX
UK to Allow Share Trading in EU Post-Brexit
2020-11-04T13:09:49.000+02:00
The ESMA, on the other hand, wants to limit EEA company shares trading within the bloc.
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Payments
BBVA Pilots SWIFT gpi Integration into UK’s FPS Infrastructure
2020-10-15T12:55:21.000+02:00
SWIFT is actively testing instant international transfers using gpi.
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Regulation
UK’s FCA Bans Retail Sale of Crypto Derivatives
2020-10-06T13:00:36.000+02:00
The ban will come into effect on January 6, 2021.
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Brokers
TIOMarkets UK Turns Profitable in 2019
2020-09-30T12:28:20.000+02:00
Despite being a new brokerage, TIOMarkets is showing strong growth trends.
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Brokers
Gain Capital UK Reported £11.36 Million Loss in 2019
2020-09-29T10:49:38.000+02:00
Similar to its parent company, the FCA-regulated entity struggled with low volatility.
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Regulation
FCA Remains Vigilant; Flags Dozens of Clones, Shady Firms
2020-09-25T08:46:06.000+02:00
The regulator is actively blacklisting companies.to protect investors.
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Execution
Equiti Capital UK Reports $569K Profit for 2019
2020-09-24T10:35:03.000+02:00
After a solid performance in 2019, the trading provider also has a positive outlook for 2020.
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News
Gemini Enables GBP Deposits for Crypto Purchases in the UK
2020-09-24T08:44:25.000+02:00
The exchange received FCA recognition last August.
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Regulation
FCA Seeks Consultation on EEA Firms’ Post-Brexit Authorization
2020-09-23T14:46:11.000+02:00
The MiFID passporting rights for the EEA companies will expire on December 31, 2020.
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Executive Moves
Amerdeep Somal Appointed as the UK’s Complaints Commissioner
2020-09-10T06:49:12.000+02:00
The Complaints Commissioner oversees investigations against the FCA, PRA and the BoE.
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Brokers
Blackwell Global UK Records Full-Year Profit for Fiscal 2020
2020-08-31T09:19:39.000+02:00
Profit for the financial year ended on the 31st of March 2020 was £848,672.
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News
Binance Joins Industry Bodies in UK, Australia
2020-08-27T11:56:55.000+02:00
The company is joining other notable industry leaders in these groups.
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Regulation
Liquidators Appointed for London Capital Group Holdings
2020-08-26T09:55:09.000+02:00
Paul Atkinson and Glyn Mummery have been appointed as Joint Liquidators.
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Payments
Finablr is Unable to Meet Deadline to Publish Financial Statements
2020-08-25T12:21:26.000+02:00
The deadline for the troubled payments and FX platform was the 28th of August 2020.
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News
Rival Railsbank Bids for Wirecard’s UK Business
2020-08-21T13:44:24.000+02:00
Wirecard is also selling its business in Asia and North America.
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News
UK’s FCA Approves Gemini as a Registered Crypto Exchange
2020-08-20T17:21:50.000+02:00
All crypto exchanges operating in the country need to be registered with the regulator by January 10, 2021.
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Brokers
FXOpen UK Extends Offerings Adding Equity Markets
2020-08-20T15:51:14.000+02:00
The broker has recently launched its services across Europe under the brand FXOpen EU.
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Brokers
Exclusive: FX & CFD Broker Zenfinex Raises £5m in Series a Funding Round
2020-08-19T10:23:15.000+02:00
The broker will use the funds to expand its geographical footprint and its product suite.
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Brokers
Exclusive: ATFX UK Sees Uptick in Gross Profit and Turnover in FY19
2020-08-19T08:56:41.000+02:00
Due to a large increase in administrative expenses, the broker still reported a loss for the year.
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Brokers
FCA Flags Prime Capital Invest Calling It ‘Clone’
2020-08-18T14:57:39.000+02:00
The fraudulent platform is using the name of ETX Capital parent to lure customers.
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