What should Nick Cooke CEO about the start of the new Taurex Prime, online broker taurex?
Who was named new COO of Developer Ctrader Spotware, and effective “#2” in CEO of Spotware Ilia Ilia Iarovitcyn?
Why did the shares of the new ETORO public broker decrease by 12% on Tuesday (and continued to decline after that during the rest of the week)?
Why did IForex delay the scheduled iPO?
Which international investment component just got 5%+ in the CFDS Broker Plus500 worth $ 180 million?
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: Managing Director Nick Cooke for the start of Taurex Prime. Exclusive interview FNG… Following our exclusive report from last month that the Taurex E -Company was in the Taurex Prime launch process, the Taurex Prime website has become live and the company has begun to buy and provide its services to customers including brokers, mutual compensation funds.
Etoro’s shares are sinking by 12% as Q1 2025 revenue and profit reduction. The first liberalization of Etoro’s financial results as a company negotiating the public probably did not go as smoothly as the company hoped, with ETORO reporting both revenue and profit for the third225 – and the company’s shares sinking by 12% (and more in the trade market). What led to revenue/profit reduction in ETORO? What went well on Q1 at ETORO?
IFOREX announces IPO delay. IFOREX Financial Trading Holdings Ltd announced today that the proposed initial public offer (IPO) on the London Stock Exchange, which is expected to occur in late June, will be delayed. The company stated that a routine thematic compliance inspection began earlier this year at BVI, which was revealed in the company’s registration document, it takes additional time to be able to finalize before the iPO. Iforex claims that the inspection process is close to completion.
Trillion Dollar Wealth Manager Group Capital Group wins a 5.45% share in CFDS Broker Plus500. FNG has learned through regulatory files leading to American investment and Capital Capital Group’s property management company, recently gained 5.45% interest in Israel based on the CFDS Broker Plus500 (Lon: Plus). The Capital Group voted the 5% retention limit on Plus500 on June 10, causing a regulatory deposit about its participation in the Plus500. While the Capital Group did not reveal the exact price paid for the shares of the Plus500, at the current PLUS500 stock price, the share is worth £ 133.1 million or $ 181 million.
IC Markets is going live with the Widget Comply Comple Compy. IC Markets, a leading Forex and CFDs provider, offering commercial trading solutions for active day traders, scalpers and young people in the forex market, announced the successful integration of Widget Copying Ctrader into its client area. This marks a step forward in delivering a faster, simpler and more attractive commercial experience, allowing immediate access to the Ctrader copy service without ever giving up the broker’s website.
Top executive movements of the FX industry this week
❑ Exclusive: Ctrader Develomer Spotware names Yiota Hadjilouka as Coo.
❑ Front Office Front Office Fynxt technology provider hires veteran FX/CFDS Elian Daoud.
❑ Exclusive: GTCFX hires the match-prime Ahmed Fouad match to direct institutional sales.
❑ Exclusive: SAXO UK Marketing Head Anaam Raza sheets for BCG.
❑ Rostro hires former CEO of Cyprus Hesham Hasanin to head commercial solutions.
❑ Exclusive: The CBOE hires FX FX Exec Ben Gough as a global head of FX liquidity management.
❑ Oneeroyal expands Compliance Chief Katalina Pantea to Uneprime Job.
❑ Exclusive: Assetsfx Asia Head Masud Unnoby moves to Doo Prime.