FX week in review: Swissquote record results, cBridge launch, Admirals restructures, Arsenal CFDs sponsor, IG leaving UK?

Gerald Segal 0 Comments March 22, 2026

Some very interesting news and results out in the FX and CFDs sector this past week, highlighting the difference between certain brokers that are “killing it” and spinning out record results, versus those that are restructuring or looking at just surviving.

What led Swissquote to record Revenues and Profits in the second half of 2025?

What type of restructuring is Estonia based broker Admirals looking at?

Might IG Group leave the UK, as a strategic review will look at IG’s domicile and listing venues, even as IG reported record results for calendar year 2025?

Which CFDs sponsor just inked a multi-year sponsorship of Arsenal FC?

Who is the latest longtime Saxo Bank executive to depart, following Safra Group’s takeover of Saxo?

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

Swissquote sees record Revenues ($461M), Profits ($263M) in H2-2025. Leading Switzerland based online trading and banking provider Swissquote (SWX:SQN) has reported its full 2025 results, confirming record top and bottom line results for both H2 2025, and the full year 2025. Revenues at Swissquote came in at CHF 365.2 million (USD $461 million) in the second half of 2025, up by 2% from CHF 358.2 million, the previous record, in H1 2025. Net profit soared by 32% in H2 2025, to CHF 208.2 million (USD $263 million), from CHF 158.2 million in the first half of the year.

Admirals plans structural changes, relinquishes Estonia license. After reporting a collapse in its revenue base and a large €18.5 million loss in 2025, Retail FX and CFDs broker Admirals Group AS has announced that it is planning structural changes within the group, as a result of which operating subsidiary Admiral Markets AS intends to relinquish its investment firm license issued in its home market of Estonia. Despite the restructuring, Estonia will remain a strategic location for the company.

Spotware launches cBridge platform-agnostic liquidity bridge. Leading trading technology provider Spotware Systems, the company behind the cTrader trading platform, has announced that it has launched cBridge, a standalone, platform-agnostic liquidity bridge. By replacing traditional per-volume billing with transparent infrastructure-based pricing, Spotware said that cBridge is designed to reduce bridge costs by up to 80%.

IG strategic review to look at domicile and listing venue as group reports record results for 2025. Following a recent shift in its financial year end from May 31 to calendar year reporting, leading UK based online brokerage IG Group (LON:IGG) reported its first set of results under the new arrangement, which included record Revenue and Profit figures for 2025. The results release included news of a major Strategic Review at IG. The review will look at (among other things) where the now-London based and listed company continues to be domiciled, and where its shares will trade in the future.

CFDs broker HFM sponsors Arsenal. Cyprus based Retail FX and CFDs broker HFM (formerly known as HotForex, and as HF Markets) has announced a new multi-year partnership with Arsenal, becoming an Official Global Partner of the club. Arsenal currently sits in first place in the English Premier League (EPL). Arsenal was previously associated with online broker eToro.

Exclusive: Fintech startup Fintake launches cloud-native trading platform Helio. FNG Exclusive… It looks like there’s a new entrant in the multi-asset trading platform business. FNG has learned that Cyprus based broker technology startup Fintake has gone live with its first product, called Helio. Founded by former Pepperstone engineering executive Ahmad Said, Fintake was established in 2024.