How much cash did XTB major shareholder Jakub Zablocki raise from selling a good chunk of his stale in the company?

Which licenses did (formerly offshore) CFDs broker GODO secure?

Who is behind the launch of new offshore CFDs broker Noemon Global?

Who was named as the new COO of Match-Prime Liquidity? The new Chairman of CFI?

Where did longtime OANDA CMO Darren Moffett move to?

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

Jakub Zablocki completes $403M sale of XTB shares at 8.2% discount. Jakub Zablocki has sold 9,405,540 XTB shares to a group of institutional investors, at a price of PLN 160 per share – an 8.2% discount to XTB’s Wednesday closing price of PLN 174.30. The 8.2% discount is fairly in line with similar discounts Mr. Zablocki has taken in previous block sales of his XTB shares. He and XX ZW Investment Group SA have agreed to a one year (360 day) lock-up agreement, during which time he cannot sell any more XTB shares.

Exclusive: CFDs broker GODO gets CySEC, FSCA licenses, UAE CMA pending. FNG Exclusive… FNG has learned that Dubai based offshore CFDs broker GODO has “come onshore” in a big way, adding several regulatory licenses in key locations over the past several weeks. The company is planning a major expansion internationally beyond its traditional Arabic and Persian speaking and Far East markets, as a multi-regulated financial services group.

Exclusive: TenTrade / INGOT alum Marios Morfakis launches offshore CFDs broker Noemon. FNG Exclusive… FNG has learned that another offshore CFDs broker has begun to operate, called Noemon Global (at website noemon.global). Domiciled in Mauritius but operated from Cyprus, Noemon is run by CEO Marios Morfakis. Marios was most recently Chief Sales Officer for another Cyprus-run offshore broker, TenTrade.

Saxo Bank bounces back with best ever 6-month period in H1 2026, Profit tops $100M. The new ownership should be pleased. Copenhagen based Retail FX and CFDs broker Saxo Bank has released its best-ever set of results for the first half of 2026, with the company reporting Revenues of DKK 2.803 billion (USD $436 million) and Net Profit of DKK 648 million ($101 million), both records for the company for a six month period. And the results come after a somewhat disappointing H2 2025, which saw Saxo post a decrease in Revenues and a slight Net Loss.

XTB shares drop 5% after $5M fine upheld, as it joins the STOXX Europe 600 index. It is an interesting day for Poland based online broker XTB, as the company announced its inclusion in the STOXX Europe 600 index. However XTB shares have largely ignored the positive news. The reason – an announcement from Polish financial regulator Komisja Nadzoru Finansowego (KNF), that it is upholding an earlier announced PLN 20 million (USD $5.4 million) fine against XTB.

Top FX industry executive moves this week

❑ Exclusive: Former Vantage UK CEO David Shayer joining EXANTE (LHCM).

❑ CFI appoints Federico Cirulli as Chairman.

❑ OANDA CMO Darren Moffett finds a new home at FXTM.

❑ Match-Prime Liquidity names Vladimiros Spanos as COO.

❑ Brian Andreyko replaces David Ogg as CEO of MultiBank’s MEX Exchange.

❑ Pepperstone hires Andrew Turnbull as Head of Africa.

❑ HFM hires Mohamed Elgayyar as Head of GCC and Egypt.

❑ Restricted EXANTE UK unit LHCM adds Grant Thornton alum Steven Clews to its Board.

❑ ATFX compliance exec Abla Osman moves to EXANTE.

❑ Exclusive: ex oneZero marketing head Talia Geberovich joins Caplin Systems.

❑ CFI hires Exinity/INFINOX alum Victor Hugo Cotoski as MD Brazil.

❑ Sucden hires UBS exec Harry Clarke as Head of FX Sales EMEA. Which came after…

❑ …StoneX hires Sucden execs Mike Wilkins, Ben Kleimunt to FX sales team.

❑ Exclusive: Daman Markets sales director Maria Shenouda departs.

❑ Crypto Finance hires BlackRock exec Laura Hermann as MD Germany.

❑ Capitolis appoints Murugan Manickam as CTO.