What changes to C-Suite Management (COO, CCO) only made Australia based on the online pepperstone broker?
Where did the Plus500 decide to open its first office in the Latam area, as the UK/EU central CFDS broker seems to be expanding internationally?
How does Robinhood “double” in the addition of sports bets to his financial transaction and investment?
Who has purchased automatic technology provider Capitalise.ai – whose customers are mainly brokers FX and CFDs?
Which former CEO of FX and CFDS Broker has joined Neobank Revolut – which clearly has plans for expansion to the EU and CFD?
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 Plus500 ensures authorization to create a new representative office in Colombia. The FX and CFD Broker Plus500 Ltd (Lon: Plus) retail has been authorized by Colombian Financial Supervision (SFC) to create a new representative office in Colombia. This authorization represents the first strategic expansion of the Plus500 to Latin America, further enhancing the global footprint of the group and reinforcing its ability to deal with customers in this rapidly growing area.
RobinHood ups sports bets adding NFL and contract colleges. The American Neobroker Robinhood (Nasdaq: Hood) has announced that the RobinHood Denivatives LLC is launching Pro (IE NFL) and College Football Football Purchases directly in the Robinhood application. Available through Robinhood’s prediction hub, customers can now exchange the results of the most popular Pro and College football games, including all regular pro matches and all College Power 4 and Independent Schools.
Kraken buys an automatic trading platform provider capitalise.ai. The US encryption body Kraken has announced the acquisition of assets and technology of Capitalise.ai, an Israeli pioneer based on the automation of natural language trade. The parties did not reveal the price paid for Capitalise.ai. Keefe, Bruyette & Woods, a Stifel company, has acted as a financial advisor to exploit the transaction.
CFDS Broker Wetrade grants PSG. The FX retail sale and CFDS Broker Wetrade continues the boost of the EU, announcing a new perennial sponsorship of the popular French PSG football club, which runs in 2028. Seychelles, recently granted to all CYSEC CYSEC services.
Starprime was approved as a liquidity provider in the new Metaquotes matching machine. Starprime, the FX Prime Services Unit and CFDS Brokerage Group Startrader, announced its participation as an approved liquidity provider in the new Metaquotes matching engine. Recently, Metaquotes launched the innovative Ultency matching engine, which will enhance the way Metatrader 5 brokers and liquidity providers.
Top executive movements of the FX industry this week
❑ Pepperstone Management Changes: Tom Williams was named Coo, Rob Bowen CCO.
❑ Exclusive: Former CEO of Markets.com Stavros Anastasiou becomes a Board of Directors at Revolut.
❑ GCEX hires digital exec Kevin Gillespie for the United Kingdom/EMEA BIZDEV.
❑ United Fintech appoints investment banker Rupsa Mukherjee as head of M & A.
❑ Exante hires Sergei Solomatin as Director of IT Businesses.
❑ Acy Securities deals with former Jordanian Minister Maen Al Qatamin as a brand strategic and adviser.