What new hires has leading online broker IC Markets made in Australia’s domestic market – including a new General Manager?
After buying UK online broker Hargreaves Lansdown earlier this year, who has now acquired financial data and analytics provider BMLL?
What happened to Poland-based XTB CFD broker that led to a 35% drop in revenue (and an even bigger drop in profits) in the third quarter of 2025?
Which former CFD broker CEO has joined Revolut Digital Assets Europe’s Board of Directors?
Where did tastytrade president and IG US CEO JJ Kinahan move to?
Some of the most read and commented on FX/CFD industry news that appeared in the last seven days on FNG include:
Top FX and CFD industry news this week
Exclusive: IC Markets builds new team in Australia led by Managing Director Peter Tardent. Exclusive FNG… FNG has learned that leading Australian-based Retail FX and CFDs firm IC Markets has put in place a new management team to lead its Australian operations, following the death of Managing Director Ben Singleton late last year. The renewed leadership team will be headed by Peter Tardent, who joins IC Markets as Managing Director of Australia.
Nordic Capital acquires financial data and analytics provider BMLL. Following its acquisition earlier this year (along with other private equity investors) of UK online broker Hargreaves Lansdown, Stockholm-based Nordic Capital has announced an agreement to acquire BMLL, a leading independent provider of harmonized historical order book data and analytics.
XTB revenue falls 35% in Q3 2025 to $103 million due to low volatility. After a record start to the year with two strong (and fairly similar) quarters in Q1 and Q2, Poland-based Retail FX and CFDs broker XTB SA (WSE:XTB) reported a sharp decline in both Revenue and Profit for the third quarter of 2025. Revenue at XTB for the third quarter of 2025 was down $7.3 million, down from $5.3 million in Q3 2025. PLN 5.3 million (more than USD 7.3 million). a third (35%) of $160 million in each of Q1 and Q2. The top Q3 result was the lowest in XTB since Q3 2023, two years ago.
FCA warns CFD traders of high-pressure techniques to qualify as professional clients. The UK financial regulator FCA has issued an interesting warning to people investing in Contracts for Difference (CFDs), urging them not to abandon vital FCA consumer protections when they are defined as ‘retail’ traders. The FCA also found that investors are being targeted by finnfluencers, who may not make it clear that they are promoting unregulated companies operating offshore.
Robinhood UK launches futures trading. US broker Robinhood Markets (NASDAQ:HOOD) has announced that FCA-regulated arm Robinhood UK Ltd is launching futures for UK clients, enabling clients to trade index, energy, metals and currency futures directly on the Robinhood app and Robinhood Legend. Clients can access CME Group’s 40+ futures products — including S&P 500 futures, oil, gold and more — with low fees, seamless access on mobile and desktop, and one-click ladder execution. Robinhood UK added options trading earlier this year.
The FX industry’s top executive is on the move this week
❑ Exclusive: Former Markets.com CEO Stavros Anastasiou becomes Director of Revolut Digital Assets Europe.
❑ Cboe appoints JJ Kinahan as Senior VP, Head of Retail Expansion and Alternative Investment Products.
❑ Exclusive: Hokocloud/Atfx Alum Rima Khabaze Joins Dealio as CCO.
❑ Capitolis appoints Richard Schiffman as Chief Product Officer.
❑ Fiserv announces changes to senior management.