Category: Retail Forex
FX week in review: NAGA, eToro senior execs leave; ETX’s new business; EPL sleeve deal
Which senior executive left NAGA Group, less than one year into his tenure as COO? Where did eToro’s UK CEO leave to?
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Exclusive: Head of Dealing Matt Brief makes £54K profit spreadbetting IG shares
Matt Brief has headed the dealing room at IG since 2001, and also holds the title Chief Product Officer at IG.
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FXCM reports slowing growth in stock basket trading
FXCM’s stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument.
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Exclusive: ETX Capital branching out into capital raising
ETX has been branching out from its core business of Retail FX and CFD brokerage, acting as broker in a number of capital raising deals.
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CFI Group launches CFDs on ETFs
Initially, about 100 ETFs will be listed on CFI Group’s platform with plans to add more over the coming months.
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Exclusive: BlackRock sells position in Plus500 to below 5%
BlackRock picked up an approximate 7% stake in Plus500 back in mid 2018, and has since remained at above a 5% holding in the company.
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ICM.com becomes sleeve sponsor of Newcastle United FC
The two-year sponsorship covering the 2020-21 and 2021-22 seasons will feature the ICM.com logo on the sleeves of Newcastle team jerseys.
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FX week in review: Deltastock UK shut, TradeTech and IG results, more sports sponsorships
What happened to Deltastock’s UK operation Delta Financial Markets Limited, and its FCA license? Results from TradeTech, Markets.com, and IG.
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Exclusive: IG Group gets some investor pushback to Director pay
Shareholder activism seems to be picking up, especially in the UK, and especially when it comes to online trading companies.
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USGFX Australia has license revoked by ASIC
We had reported back in mid July that ASIC had suspended USGFX-Australia’s license after the company was put into voluntary administration.
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FX broker Equiti Group adds Seychelles FSA license
The new license is an addition to the licenses that the entities within Equiti Group have in the UK, the UAE, Jordan, Kenya, and Armenia.
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IG Group shares pop 7% despite 19% drop in Q1 Revenue
It seems as though the market understood going in that Q1-2021 was not going to be as good as Q4-2020 at IG Group.
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