Forex Industry News

Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency

By Finance Magnates

Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency

Broadridge Financial Solutions (NYSE: BR ) has upgraded its OpsGPT platform with new AI agent capabilities focused on fails research, inventory optimization, and email automation to help financial ...

Broadridge

Broadridge Financial Solutions

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Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company

News Discussion Forum

By Finance Magnates

Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company

Sky Links Capital, a forex and contracts for differences (CFDs) broker established by a former BDSwiss executive, has formed and incorporated its holding company, Sky Links Holding Ltd, in the Duba...

Sky Link Capital

dubai

BDSwiss

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OpenAI’s New Structure Aims to Attract Billions While Preserving Mission

News Discussion Forum

By Finance Magnates

OpenAI’s New Structure Aims to Attract Billions While Preserving Mission

After months of internal debate, public scrutiny, and a lawsuit from Elon Musk, OpenAI has chosen a hybrid structure that keeps its nonprofit parent in charge while inviting investments into its fo...

OpenAI

AIMS

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News Discussion Forum

By Finance Magnates

eToro Confirms US IPO, Aims to Raise $500 Million at $4B Valuation

eToro Group said today (Monday) it was targeting a valuation of up to $4 billion in its initial public offering in the United States, as the retail trading platform finally moves ahead with its lon...

etoro

fintech

AIMS

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Worldcoin Ordered to Delete Biometric Data in Kenya Over Privacy Breach

News Discussion Forum

By Finance Magnates

Worldcoin Ordered to Delete Biometric Data in Kenya Over Privacy Breach

A Kenyan court has ruled that Worldcoin must erase biometric data it unlawfully gathered from thousands of citizens, in a major regulatory pushback against the cryptocurrency-linked identity projec...

Kenya

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White Label, Big Bill? The Hidden Costs of Going Plug-and-Play in Prop Trading

News Discussion Forum

By Finance Magnates

White Label, Big Bill? The Hidden Costs of Going Plug-and-Play in Prop Trading

White label solution providers are quick to point out the challenges of building a prop trading platform, but leading firms tell FinanceMagnates.

prop trading

white label

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TD Markets Takes Center Stage at FMAS:25

News Discussion Forum

By Finance Magnates

TD Markets Takes Center Stage at FMAS:25

TD Markets will be at FMAS:25 with platform demos, smart trading tools, and strategic announcements.

TD Markets

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Saylor's Strategy Acquires 1,895 BTC for $180.3 Million; Bitcoin Forms Double Bottom

News Discussion Forum

By Finance Magnates

Saylor's Strategy Acquires 1,895 BTC for $180.3 Million; Bitcoin Forms Double Bottom

Michael Saylor's Strategy acquired 1,895 BTC between April 28 and May 4, 2025. The company disclosed the purchase in an update released on May 5.

bitcoin

crypto

strategy

MicroStrategy

BTC

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Marex Hires Sucden Financial’s Former Chief Operating Officer for the Same Role in Abu Dhabi

News Discussion Forum

By Finance Magnates

Marex Hires Sucden Financial’s Former Chief Operating Officer for the Same Role in Abu Dhabi

After nearly two decades, Gavin Parker, the former Chief Operating Officer of Sucden Financial, is moving to Marex’s newly launched Abu Dhabi entity.

Marex

Sucden Financial

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Will Bitcoin Hit $300K? Bold BTC Price Prediction from Options Market

News Discussion Forum

By Finance Magnates

Will Bitcoin Hit $300K? Bold BTC Price Prediction from Options Market

Can Bitcoin hit $300K by June 2025? Explore the bold options market bet, expert $1M predictions, and risks for investors in this crypto price guide.

bitcoin

Bitcoin (BTC)

Bitcoin Price

Bitcoin news

Deribit

options

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Gold Shines, Crypto Cools, and European Indices Surge: easyMarkets Q1 2025

News Discussion Forum

By Finance Magnates

Gold Shines, Crypto Cools, and European Indices Surge: easyMarkets Q1 2025

easyMarkets launched key upgrades to its web and mobile platform, enhancing the overall user experience.

easymarkets

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Binance Partners with Kyrgyzstan for Crypto Push amid CBDC Progress

News Discussion Forum

By Finance Magnates

Binance Partners with Kyrgyzstan for Crypto Push amid CBDC Progress

Binance has signed a Memorandum of Understanding (MoU ) with the National Agency for Investments under the President of the Kyrgyz Republic.

binance

Kyrgyzstan

CBDC

crypto

cryptocurrency

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The Regulatory Playbook: Dubai Did It First, But Cyprus Can Still Do It Best

News Discussion Forum

By Finance Magnates

The Regulatory Playbook: Dubai Did It First, But Cyprus Can Still Do It Best

Dubai’s regulators may have had the luxury of starting on a blank sheet of paper: it attracted and utilised talent and knowledge from experienced professionals that worked in more mature supervisor...

uae

dubai

cyprus

cysec

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ATFX Records Impressive Trading Volume of USD 776.5 Billion in Q1 2025

News Discussion Forum

By Finance Magnates

ATFX Records Impressive Trading Volume of USD 776.5 Billion in Q1 2025

ATFX remains focused on providing cutting-edge tools, exceptional customer service, and a seamless trading experience for traders around the world.

ATFX

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Forex.com Expands APAC Presence: Launches in Singapore

News Discussion Forum

By Finance Magnates

Forex.com Expands APAC Presence: Launches in Singapore

Forex.com, the retail trading brand owned by StoneX, has expanded its presence in the Asia-Pacific by launching its contracts for differences (CFDs) trading services from its new Singapore base.

forex.com

singapore

StoneX

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Trump and Record-Weakening Dollar Drove Record FX Volumes in April 2025

News Discussion Forum

By Finance Magnates

Trump and Record-Weakening Dollar Drove Record FX Volumes in April 2025

April brought record volatility and uncertainty to financial markets, driven by Trump’s tariffs, along with record results for many retail CFD brokers .

trading volumes

spot forex volume

average monthly volumes

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lemon.markets Expands Brokerage-as-a-Service Platform to Support Equity Compensation

News Discussion Forum

By Finance Magnates

lemon.markets Expands Brokerage-as-a-Service Platform to Support Equity Compensation

Berlin-based fintech lemon.markets has teamed up with Optio Incentives to simplify how companies handle employee stock programs in Germany.

lemon.markets

germany

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Vantage Expands Copy Trading to Web Portal as It Brings 20% Trading Volume for CFDs Brokers

News Discussion Forum

By Finance Magnates

Vantage Expands Copy Trading to Web Portal as It Brings 20% Trading Volume for CFDs Brokers

Vantage Markets has extended its copy trading feature to its Client Portal website, broadening access to the service previously available only through its mobile application.

vantage

Copy Trade

copy-trading

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Will eToro Go Public This Week? Robinhood Rival Advances $3.5 Billion Valuation US IPO

News Discussion Forum

By Finance Magnates

Will eToro Go Public This Week? Robinhood Rival Advances $3.5 Billion Valuation US IPO

Online trading platform eToro is planning to launch its U.S. initial public offering as early as this week, after previously postponing its listing amid market volatility triggered by Trump’s tarif...

etoro

IPO

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Revolut Dials Up Disruption: Fintech Unicorn Expands in Telecom Arena

News Discussion Forum

By Finance Magnates

Revolut Dials Up Disruption: Fintech Unicorn Expands in Telecom Arena

Revolut launches mobile plans with eSIM tech, offering unlimited data, roaming perks in the UK and Germany, challenging traditional telecom providers.

revolut

eSIM

mobile phones

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State Street, Crossover Markets, Clear Street, and More: Executive Moves of the Week

News Discussion Forum

By Finance Magnates

State Street, Crossover Markets, Clear Street, and More: Executive Moves of the Week

In our weekly executive moves coverage, State Street and Crossover Markets have both been named new Chief Financial Officers. Matthew Cousens joined Clear Street to lead its electronic execution op...

State Street

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Equities Now Make Up 90% of Gildencrest Capital's Revenue, but Profit Without FX Drops 95%

News Discussion Forum

By Finance Magnates

Equities Now Make Up 90% of Gildencrest Capital's Revenue, but Profit Without FX Drops 95%

Gildencrest Capital Limited, a London-based financial brokerage firm formerly known as TeraFX , experienced a 75% drop in foreign exchange (Forex) trading volume during 2024, according to the compa...

terafx

Gildencrest Capital

2024

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Weekly Recap: Google Lifts IG France’s Ad Restrictions, XM Owner Buys Stake in a Cyprus Bank

News Discussion Forum

By Finance Magnates

Weekly Recap: Google Lifts IG France’s Ad Restrictions, XM Owner Buys Stake in a Cyprus Bank

Why brokers and prop firms are moving away from Discord . Although brokers and prop firms have managed communities of traders on publicly available platforms like Discord, new challenges related to...

editor's pick

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Ripple’s XRP Adoption Grows: Mastercard Highlights SBI Remit as SWIFT Speculation Builds

News Discussion Forum

By Finance Magnates

Ripple’s XRP Adoption Grows: Mastercard Highlights SBI Remit as SWIFT Speculation Builds

Major financial institutions are increasingly testing digital assets, including XRP, to improve cross-border payments. A recent report by Mastercard, titled “Blockchain Technology Fuels New Remitta...

ripple. xrp

Ripple News

Ripple

XRP

XRP News

cross-border payments

mastercard

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FCA Bans CFD Broker Direct Trading Technologies, Citing "Falsified" Audit Records

News Discussion Forum

By Finance Magnates

FCA Bans CFD Broker Direct Trading Technologies, Citing "Falsified" Audit Records

The Financial Conduct Authority (FCA) stripped Direct Trading Technologies UK Ltd (DTT) of its regulatory permissions and froze its access to assets following concerns over financial controls and t...

fca

Direct Trading Technologies

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FMAS:25 - Africa’s Largest Trading Summit is Just 1 Month Away!

News Discussion Forum

By Finance Magnates

FMAS:25 - Africa’s Largest Trading Summit is Just 1 Month Away!

Cape Town prepares to host FMAS:25 for the first time.

events

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FXSpotStream's April Volume Hits $122 Billion, Marks Fourth Consecutive Rise

News Discussion Forum

By Finance Magnates

FXSpotStream's April Volume Hits $122 Billion, Marks Fourth Consecutive Rise

FXSpotStream has reported a strong month of trading activity, with its average daily volume (ADV) reaching a new record of $122 billion in April 2025.

FXSpotStream

Institutional Fx

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The cTrader Padel League Returns this June! Game, Set...let’s Go Again!

News Discussion Forum

By Finance Magnates

The cTrader Padel League Returns this June! Game, Set...let’s Go Again!

The cTrader Padel League returns on 16 June. Sign up to connect with industry pros, enjoy monthly matches and rise through the ranks to win!

ctrader

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Kohl’s Fires CEO for Inappropriate Vendor Ties—Wall Street Cheers

News Discussion Forum

By Finance Magnates

Kohl’s Fires CEO for Inappropriate Vendor Ties—Wall Street Cheers

Kohl’s CEO Ashley Buchanan fired for unethical vendor ties—and the stock rises. Wall Street celebrates, corporate accountability gets performative.

Kohl’s

retail

Ashley Buchanan

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VASP & MiFIR Shakeup: Inside May 2025’s Top Compliance Moves

News Discussion Forum

By Finance Magnates

VASP & MiFIR Shakeup: Inside May 2025’s Top Compliance Moves

The third edition of the Regulatory Intelligence Insights Report has been released in response to strong feedback on earlier editions.

compliance report

Finance Magnates Intelligence

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Admirals UK Migrated EU-Resident Clients Out; 2024 Trading Volume Took a Hit

News Discussion Forum

By Finance Magnates

Admirals UK Migrated EU-Resident Clients Out; 2024 Trading Volume Took a Hit

The UK unit of Admirals, a contracts for differences (CFDs) broker brand, has migrated accounts held by clients resident in the European Union to another operating company located in the continenta...

Admiral Markets

Admirals

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HYCM's Dubai Entity Was Sold to Its Management Duo for £1.4 Million

News Discussion Forum

By Finance Magnates

HYCM's Dubai Entity Was Sold to Its Management Duo for £1.4 Million

Roger Bach and Stavros Lambouris acquired control of the Dubai unit of CFDs broker HYCM in a management buyout at the beginning of 2024 for £1.

HYCM

broker

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Sam Altman’s Eye-Scanning Identity Project Launches in Six U.S. Cities

News Discussion Forum

By Finance Magnates

Sam Altman’s Eye-Scanning Identity Project Launches in Six U.S. Cities

Sam Altman's ambition to build a global identity network backed by blockchain and biometrics entered the US. . According to the company, this project, now known simply as "World", launched its US r...

Worldcoin

OpenAI

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Interactive Brokers Sees 63% Surge in April DARTs, Client Equity Hits $588 Billion

News Discussion Forum

By Finance Magnates

Interactive Brokers Sees 63% Surge in April DARTs, Client Equity Hits $588 Billion

Interactive Brokers Group, released its monthly performance figures for April 2025. The broker reported 3.818 million DARTs for the month.

Interactive Brokers

InteractiveBrokers

Interactive Brokers Group

retail

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Crypto and FX Markets React Instantly to Fed Decisions and Tweets, Report Reveals

News Discussion Forum

By Finance Magnates

Crypto and FX Markets React Instantly to Fed Decisions and Tweets, Report Reveals

One key aspect of market efficiency is its ability to react instantly to major events, particularly in cryptocurrency and foreign exchange (FX).

LMAX Digital

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“Prop Firms Built Massive Communities on Discord, but Are Now Quietly Moving Away from It”

News Discussion Forum

By Finance Magnates

“Prop Firms Built Massive Communities on Discord, but Are Now Quietly Moving Away from It”

Brokers and prop firms have managed communities of traders on publicly available platforms like Discord. Although those platforms make managing such communities extremely easy and economical, many ...

prop firms

brokers

Discord

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