What C-Suite management changes (COO, CCO) did leading Australia based online broker Pepperstone just make?

Where did Plus500 decide to open its first office in the LaTAM region, as the UK/EU centric CFDs broker looks to expand internationally?

How is Robinhood “doubling down” on adding Sports Betting to its financial trading and investing lineup?

Who has bought auto trading tech provider Capitalise.ai – whose clients are mostly FX and CFDs brokers?

Which former Retail FX and CFDs broker CEO has joined neobank Revolut – which clearly has designs on expanding into the EU, and into CFDs?

Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:

Top FX and CFDs industry news stories this week

Plus500 secures authorization to establish new representative office in Colombia. Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has obtained authorisation from the Colombian Financial Superintendence (SFC) to establish a new representative office in Colombia. This authorisation represents Plus500’s first strategic expansion into Latin America, further reinforcing the Group’s global footprint and enhancing its ability to engage with customers in this fast-growing region.

Robinhood ups Sports Betting adding NFL and College football Event Contracts. US neobroker Robinhood (NASDAQ:HOOD) has announced that its Robinhood Derivatives LLC unit is launching pro (i.e. NFL) and College football prediction markets directly within the Robinhood app. Available through Robinhood’s Prediction Markets Hub, customers can now trade on the outcomes of the most popular pro and College football games, including all regular season pro matchups, and all College Power 4 schools and independents.

Kraken buys auto trading platform provider Capitalise.ai. US based crypto exchange operator Kraken has announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based pioneer of no-code, natural-language trading automation. The parties did not disclose the price paid for Capitalise.ai. Keefe, Bruyette & Woods, A Stifel Company, acted as financial advisor to Capitalise in the transaction.

CFDs broker WeTrade sponsors PSG. Retail FX and CFDs broker WeTrade is continuing its EU push, announcing a new multi-year sponsorship of popular French football club PSG, running through 2028. WeTrade, which holds an ASIC license in Australia as well as operating offshore entities in Labuan (Malaysia) and Seychelles, was recently granted a CySEC CIF license in Cyprus (for Wetrade International Cy Limited) and plans to soon launch services across Europe.

STARprime approved as a Liquidity Provider in MetaQuotes’ new Ultency Matching Engine. STARprime, the institutional prime services unit of Retail FX and CFDs brokerage group STARTRADER, has announced its participation as an approved Liquidity Provider within MetaQuotes’ new Ultency Matching Engine. Recently, MetaQuotes launched its groundbreaking Ultency Matching Engine, which will enhance the way MetaTrader 5 brokers and Liquidity Providers connect.

Top FX industry executive moves this week

❑ Pepperstone management changes: Tom Williams named COO, Rob Bowen CCO.

❑ Exclusive: Former Markets.com CEO Stavros Anastasiou becomes Board Advisor at Revolut.

❑ GCEX hires Laser Digital exec Kevin Gillespie for UK/EMEA BizDev.

❑ United Fintech appoints investment banker Rupsa Mukherjee as Head of M&A.

❑ EXANTE hires Sergei Solomatin as Director of IT Operations.

❑ ACY Securities engages former Jordan minister Maen Al Qatamin as Strategic & Brand Advisor.