Who is in and who is out, in the CEO chair at Retail FX and CFDS broker markets.com?
What was Robinhood’s latest move to strengthen the brand and its business in Europe?
Who works with Australs Online Broker Axi, on the start of the new Axiprime Brand Institutional Fluidity?
What other higher executive moves were observed this week at ATFX, IG Group, CFI, Acuity Trading, Liquidnet and Rostro Group?
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
Exclusive: Markets.com calls Andreas Kyriacou as Managing Director. Exclusive FNG… Further to our cover earlier this week of changes to Retail FX and CFDS broker markets.com, FNG has learned that Markets.com has called Andreas Kyriacou as its new CEO. The move comes after the recent departure of now-former markets.com CEO Stavros Anastasiou from the company. Stavros was Managing Director of Markets.com since the company was acquired in 2022 by Gopher Investments based at Hong Kong, along with Markets.com’s B2B Finalto sister of B2B Finalto.
RobinHood continues the EU to push the front of the sponsor for the OGC Nice. Continuing a recent coordinated impulse to increase its brand and EU business, American Neobroker RobinHood Markets Inc (Nasdaq: Hood) announced that it becomes the main partner of France Football Club Olympique Gymnaste Club de Nice – usually referred to as OGC Nice – starting 205/26/26. The move follows the recent introduction from Robinhood of a series of new products targeting EU customers, such as US stocks and ETF brands and constant contracts.
AXI works with your bourse to start the Armime Axiprime Flower. AXI -based AXI -based online broker announced the launch of Axiprime, the institutional and next generation B2B (LP) to meet the evolving needs of professional commercial companies. Emphasizing on multi-asset liquidity and cutting-edge technology and execution infrastructure, Axiprime offers access to a wide range of markets, including forex, metals, shares, cryptocurrency and commodities-designed to strengthen their heads.
The Fortress Core Connect secures South African FSCA license. Fortress Core Connect, a leading Fintech and liquidity provider serving electronic brokerage, asset administrators and promotion companies, announced the successful acquisition of Class I FSP (FSP).
Mubadala is considering a $ 100 million increase in Revolut Stake. Sky News reports that Abu Dhabi Sovereign Engion Fund Mubadala is in talks to buy $ 100 million in UK Neobank and Company Payment Company from existing Revolut investors. Mubadala was part of a group of institutional investors who acquired a small share of Revolut earlier this year than Revolut Nik Storonsky’s founder.
Top executive movements of the FX industry this week
❑ ATFX Connect hires Michael Mirarchi with the head of the Latam institutional sales.
❑ Exclusive: The head of emerging APAC Karman Wong markets departs.
❑ Exclusive: The head of CFI Louis Bridger’s business development departs.
❑ Exclusive: Topfx CMO Vince de Castro departs for acidity negotiation.
❑ CFDS Broker Swissfs adds Mina George, Ihab Akl, Ahmed Elmarghy.
❑ Liquidnet UPS emerging markets strategy adding Michael Fidance.
❑ Rostro hires Exity Excel Oliver Ryan in commercial business.