Who did the Neobroker RobinHood in Dubai as the Senior Executive Director of the company’s new Mena business – as Robinhood apparently applied for permission from DFSA?
Which CFDS broker with a FCA license bought Ultima Markets, with plans to extend to the UK trade market?
What led ETORO’s shares to fall below the iPO price of May 2025?
What did Doo Group Offshore Brokerage Arm Doo Prime Just Rebrand do?
What C-Suite Management Changes have just been built?
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: RobinHood applies for a Dubai DFSA license, hiring Mario Camara. Exclusive FNG… FNG has learned that Neobroker RobinHood himself (Nasdaq: Hood) begins at the next stage of its international expansion plan, creating infrastructure and leasing to open a business in Dubai in the coming months. Which former Equiti and Saxo Bank Exec acquired RobinHood just leasing as its senior director in Dubai? Where does RobinHood plan to create an office?
Offshore CFDS Broker Ultima purchases Tiger Brokers UK – and FCA license. Offshore (Mauritius) wrote the FX retail trade and CFDS Broker Ultima Markets announced that the company has obtained a regulatory license under the UK’s financial behavior Authority (FCA), with plans to create an adjustable presence in the United Kingdom. Ultima Markets, until now focuses mainly on China and Far East customers, plans to board the UK customers from 2026 and is scheduled to launch a local UK offer.
Etoro’s shares are reduced by 8% to a lower IPO value after reporting Q2 results. Online Broker Etoro Group Ltd (Nasdaq: ETOR) has had one of its worst days since it became a company negotiating two months ago, as its shares declined by 8% on Tuesday to close to $ 50.74. This marks the first time that Etoro’s shares have negotiated (and even closed) below the company IPO $ 52.
Doo Group Offshore CFDS ARM rebrands as d prime. Doo Prime, Offshore Retail FX and Doo Group’s Brokerage ARM CFDS ARM, announced a redesign in “D Prime”. Mauritius and Vanuatu Homiled Broker, whose website remains dooprime.com, said that rebrand is to redefine the way it is linked to customers, partners and the wider community of FINTECH.
The Swissquote Sets Records for Esordue (CHF 358M) and profits (CHF 158M) at H1 2025. The top Swissquote (SWX: SQN) company has published its financial results for the first half of 2025, with file revenue and net profits for a six -month period – for six months! Revenue from asset encryption increased by +22.7% to 43.1 million CHF (or 12% of total SWISSQUOTE revenue in H1 2025), thanks to the highest encryption volumes.
Top executive movements of the FX industry this week
❑ Equiti team promotes Sartaj Singh to CTO after a recent CFO, danger moves.
❑ Exclusive: Ali Afzaal joins Pu Prime in Head Mena and South Asia Bizdev.
❑ IG Group is planning a moderate increase in wages for CEO and CFO in FY26.
❑ ATFX Connect appoints Professor Trevor Williams as an economist.
❑ Exclusive.
❑ Exclusive: Stonefort hires Hantec Alum Joydeep Mukherjee as head of the product and strategy.
❑ Westpac appoints Carolyn McCann as CEO, Consumer.