This week’s top stories in the online trading sector were dominated by executive moves, with several experienced industry veterans finding new homes and new roles, brokers and B2B providers continuing to grow geographically, and some scaling back.

But there were also some interesting results reports of both the good, and not-so-good kind.

What led to a 22% drop in shares of IG Group, to a new 52 week low?

Who did Edgewater Markets just hire as its new Australia head?

Which PrimeXM executives have found new homes at rival broker tech and liquidity services companies?

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

IG Group shares dive 22% following disappointing Q3 2026 trading update. Shares of London based online broker IG Group (LON:IGG) are trading down by 22% on Friday and set a new 52 week low in the process, after the company issued a Q3 Trading Update earlier today that clearly disappointed investors. IG’s announcement seems to have affected the whole sector, with Plus500 trading down by 4%, CMC Markets dropping by 9%, and Poland listed XTB off by more than 3%.

CMC Markets unveils simulated prop trading evaluation program CMC Funded. CMC Markets, a global multi-asset financial services firm, has announced CMC Funded, a new simulated proprietary trading evaluation program developed through a strategic partnership to identify and support trading talent. CMC Funded draws on CMC Markets’ technology, market expertise and trader insight. It operates separately to CMC Markets and is not a regulated product or service provided by CMC Markets.

LMAX posts record results for 2025, more growth in H1 2026. London based FX and digital assets institutional execution venue operator LMAX Group has released a summary of its operating and financial figures for both full year 2025, as well as first half 2026, with each period producing record results for the company. The first half of 2026 saw record performance by LMAX Group, supported by heightened market activity and volatility in 1Q-26, with performance normalising as expected in 2Q-26.

GCEX sees 5% decline in 2025 Revenues to £4.15M, Net Loss grows to £1.45M. Following our report from back in May that its FCA regulated UK entity GC Exchange Limited saw declining Revenues and a Net Loss in 2025, digital prime broker GCEX has released the results for its main GCEX Holding Limited entity, showing a similar trend for the overall company. On the cost side overheads remained elevated, principally reflecting acquisition-related and integration costs following the GlobalBlock acquisition in September 2025.

Match-Trader brings AI Assistants directly to broker data via MCP. Leading trading technology provider Match-Trade has announced that brokers and prop firms can now query Match-Trader Manager and Admin data through Claude, ChatGPT, and other MCP-compatible AI clients, getting answers in seconds instead of hours. Match-Trade Technologies has launched Match-Trader Broker Management MCP, an integration that connects brokers and prop firms to their Match-Trader operational data through AI assistants.

Top FX industry executive moves this week

❑ Exclusive: ex PrimeXM CCO Christina Barbash joins B2PRIME as Commercial Manager.

❑ Exclusive: Centroid Solutions hires PrimeXM exec Carlos Cavero for senior BizDev role.

❑ Exclusive: Edgewater taps MAS Markets APAC head Harry Fry as MD Australia.

❑ Exclusive: Exinity hires OANDA exec Stephanie Cook to head Marketing Ops.

❑ Exclusive: Former Saxo Bank #2 Søren Kyhl leaves CEO role at neobank Lunar.

❑ Exclusive: CFI Chief Business Development Officer Ahmad Khatib departs.

❑ Exclusive: Maria Shenouda joins startup CFDs broker Base Markets as Head of Sales.

❑ Exclusive: Trading 212 compliance head Victoria Mears departs.

❑ 21X hires Broadridge / Bloomberg alum Ray Tierney as US CEO as it seeks US broker-dealer license.

❑ Sucden hires Amius exec James Wheaton as Deputy Head of Softs.