As we close the books on October, we’re pleased to report that FNG had, once again, another record month of website traffic, social media engagement, email newsletter subscribers…
This time traffic growth has been driven by rapidly rising Search traffic. And according to Ahrefs, we now get more Search traffic than FinanceMagnates, as Google continues to reward sites offering original, credible, non-promotional content.
Downloaded from Ahrefs.com, October 28, 2024.
Another way of looking at things is via our Google Search Console stats. About three months ago, following the latest Google algo update, FNG’s search-based traffic took off. Our search rankings on virtually all FX and CFD industry related names and terms has been top-of-page, resulting in a 3x (!!) rise in daily Search traffic in less than six months.
Here’s our last six months on Google Search Console.
Do you want your brand to be seen by senior level decision-makers, and all those who matter in the industry? Come talk to us!
And now on to this week’s top FX and CFDs industry news…
Why did CySEC suspend the voting rights of FXOpen controlling shareholder Aliaksandr Klimena?
Who is cTrader developer Spotware’s new Head of Marketing?
Which senior ACY Securities executive was hired by EBC Financial to head its Australia business?
How did the latest results look from XTB, NAGA Group, Plus500, and Robinhood?
Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:
FXOpen owner Aliaksandr Klimenka has voting rights suspended by Cyprus regulator CySEC. Cyprus financial regulator CySEC has announced that it has decided to suspend the voting rights of CIF-licensed FXOpen EU Ltd controlling shareholder Aliaksandr Klimenka. Why did CySEC suspend Aliaksandr Klimenka’s voting rights in FXOpen? And what other regulatory trouble has the FXOpen brand run into recently?
Exclusive: AUS Global adds UAE SCA license, hires MultiBank exec. FNG Exclusive… FNG has learned that Retail FX and CFDs broker AUS Global has taken some steps to continue building out its presence in the MENA region, including the addition of a UAE SCA Category Five license and the hiring of a senior MultiBank bizdev executive. Who did AUS Global hire in Dubai?
Exness selects Centroid Bridge to enhance liquidity offering. Centroid Solutions, a leading technology provider for brokers, has announced that Exness, one of the world’s largest Retail FX and CFDs brokers which has also expanded its services by offering B2B liquidity, has selected Centroid Bridge to extend its prime liquidity offerings to brokers globally.
Brokers reporting financials – with some very mixed results – this past week included:
- XTB makes nice recovery in Q3-2024 with Revenues up 23%, Profits rise 27%.
- NAGA Group first half 2024 results: Revenues €31.7M, EBITDA €2.8M.
- Plus500 registers 11% Y/Y increase in revenues in Q3 2024.
- Robinhood shares sink 11% after Q3 2024 results disappoint.
Top FX industry executive moves reported at FNG this week included:
❑ Exclusive: cTrader operator Spotware hires Roman Snegirev to head Marketing.
❑ Exclusive: ACY exec Kris Wang joins EBC to head Australia business.
❑ Swissquote names Tara Yip as Chief People Officer.
❑ Peter Garnry to step down as Saxo’s Chief Investment Strategist.
❑ IG Group appoints Clifford Abrahams as CFO.
❑ Exclusive: Exinity country manager for Colombia Geofrey Briñez moves to CAPEX.com.
❑ Exclusive: Daman Markets hires ICM exec Samer Fakhridin to head Trade Operations.