This was one of the busiest weeks for sports-related sponsorships and brand ambassadors-an increasingly popular tool for brokers FX and CFDS-with many well-known names in tennis worlds, football and basketball associated with various CFDs.
There were also several senior executive moves observed in the FX and CFDS sector this week, including a new chief executive for Trading Platform Tradelocker, former CEO of Tigerwit Tim Hughes who found a new home in the industry and Crypto.com calling an experienced CEO.
Some of the most read and commented news stories in the FX/CFD industry to appear in the last seven days in FNG included:
Top news of the FX and CFDS industry this week
The CFI welcomes Maria Sharapova as an ambassador to the world brand. CFI, a worldwide leading internet trading provider, is proud to announce a landmark collaboration with Maria Sharapova. Five -year champion Grand Slam, Olympic and world -renowned entrepreneur will serve as a new ambassador to the Group’s world brand, along with Lewis Hamilton. Sharapova unites the CFI in a multi -year deal that reflects a common dedication to excellence, discipline and international impact.
EP markets become the official Liverpool World FC partner. The virtual EPL Club Liverpool FC and the top FX and CFDS Broker EC retail markets have announced that they have entered a multi -year world -class relationship that will see its EP markets become official REDS worldwide partners. The new partnership will also include significant brand opportunities in Anfield, with LED screens and digital advertising committees observed by 504 million television viewers per season.
CFDS Broker TMGM becomes an official NBA’s Brooklyn Net. Australia Retail FX and CFDS Broker TMGM have announced that it has reduced an agreement to become an official Brooklyn basketball partner for the upcoming 2025-26 season. While TMGM is not licensed in the US, the growing popularity of NBA basketball worldwide, and especially in the Far East, was probably an incentive for the deal.
The Indian tribes Sue Kalshi, RobinHood for illegal sports gambling. Three federally recognized Indian tribes, Blue Lake Rancheria, Indian Rancheria chicken of Indians Me-Wuk and Picayune Rancheria of Chukchansi have filed a lawsuit against Kalshi and RobinHood. The complaint of the tribes claims that, unlike Kalshi’s allegations, Kalshi deals with sports gambling as defined by IGRA and compact, processes and tribal provisions.
Tickmill extends to Oman via Protrade Partnership. Top Retail FX and CFDS Broker Tickmill has announced the expansion of its services in Oman, in collaboration with its strategic partner, Protrade Investments. The new business in Muscat will serve as a regional hub, offering local support, training and expertise to customers in Oman and the surrounding markets.
Top executive movements of the FX industry this week
❑ IG ALUM DOM BRADLEY was named Managing Director of Tradelocker Trade Platform.
❑ Hantec Marks, CSO.
❑ Exclusive: Stonefort Securities’ Sales Sales Amin Syed is moving to Accuindex.
❑ Exclusive: HFM hires the Hantec Exec Murilo de Oliveira as a country director of Brazil.
❑ Exclusive: Former CEO of LegacyFX Michael Floros called Crypto.com Cyprus.
❑ Exclusive: UK compliance leader Mustafa Sahin departs.
❑ SmartTrade technologies hire Christophe Montane as CCO.
❑ LMAX hires copper.