Who is running newly-launched CySEC licensed Retail FX and CFDs broker Tixee?

What’s behind the rise in Exness’ client trading volumes in 2022?

Which broker just implemented a white-label version of the Devexperts DXtrade SaaS multi-asset trading platform?

Who are the executives who have joined INFINOX, Amana Capital, IS Prime (and others)?

Answers to these questions, and a whole lot more, appeared first or exclusively this past week at FNG. Some of the most read and commented-on FX industry news stories to appear over the past seven days on FNG included:

Tixee launches as new CySEC licensed Retail FX/CFDs broker. FNG Exclusive… FNG has learned that a new Retail FX and CFDs broker is launching from Cyprus, called Tixee. The Tixee brand is operated by GVD Korimcy Ltd, a Cyprus corporation which was established in 2020, and received a CySEC CIF license in February 2022. For the EU the company is using website tixee.eu. Tixee also established an offshore arm in Seychelles, Pipbull Ltd, which operates website tixee.com. A sister company was also set up in South Africa, GVT KORIMZA (PTY) LTD, and it received a Financial Sector Conduct Authority of South Africa FSP license.

Talos raises $105 million for institutional crypto platform. Institutional digital asset trading technology provider Talos has announced the closing of a $105 million Series B funding round, that values the company at $1.25 billion. The round was led by global growth equity firm General Atlantic with participation from veteran investors in both the traditional finance and digital asset spaces. New investors including Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW, SCB 10x, Matrix Capital Management, Fin VC and Voyager Digital, Graticule Asset Management Asia (GAMA) and LeadBlock Partners joined the round.

Exness trading volumes for April 2022 top $2.1 trillion. Leading multi-asset broker Exness continued its very strong start to the year, with the company reporting client trading volumes of $2.105 trillion for April 2022. April’s volumes were 15% below March’s record of $2.48 trillion at Exness, but still registered as the second best month in the company’s history – and only the second time any Retail FX and CFDs broker topped the $2 trillion mark.

Devexperts delivers SaaS trading platform to WH SelfInvest’s Freestoxx. Trading platforms provider Devexperts has announced that it has delivered a SaaS trading platform to Freestoxx, a commission-free service for trading US stocks. Freestoxx is owned by WH SelfInvest, a regulated broker that has served traders in the EU and Switzerland since 1998. Freestoxx (at website freestoxx.com) offers traders a cross-platform service available on the web and as a mobile app. It is a white-labeled version of DXtrade, a flagship multi-asset trading platform developed by Devexperts.

Top FX industry executive moves reported at FNG this week included:

❑ Exclusive: INFINOX hires Dorina Stefanica from FP Markets as Client Services Manager.

❑ Amana Capital adds Finalto/GFT veterans Matt Carstens and Justin Biebel.

❑ INFINOX hires Lee Holmes as Executive Manager for its IXO Prime institutional sales team.

❑ IS Prime hires Finalto exec Ben Robinson as Head of Marketing.

❑ Tradefeedr adds ex UBS exec Christian Gressel to its Client Advisory Group.