It was a very busy week for senior management moves, especially at Australia based Retail FX and CFDs brokers.
There were also a number of interesting product launches, such as iSAM Securities’ Surge and NAGA’s new NAGA One superapp.
Which C-Suite executives have left Eightcap and Axi?
Where did MultiBank’s Head of China Sophie Squillacioti move to?
What was digital prime broker GCEX’s latest acquisition?
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
iSAM launches Surge intelligent book and execution optimisation platform. London based prime-of-prime broker and liquidity solutions provider iSAM Securities has announced the addition of Surge to its technology suite, a product that is unique to the industry. Surge enhances the group’s existing risk management platform, Radar, by introducing additional intelligent analytics to inform advanced automation for A- and B-book optimisation, and execution.
NAGA One superapp launches merging payments, investing and trading. Leading online broker The NAGA Group AG (ETR:N4G) has announced that it is introducing NAGA ONE, its next-generation SuperApp unifying payments, investing, and trading within one single intuitive platform, expected to be available for download in Q4 of 2025.
GCEX acquires crypto broker GlobalBlock. Digital prime broker GCEX Group has announced that it has acquired GlobalBlock Europe UAB, a specialist crypto brokerage and asset management firm focused on high-net-worth individuals with over $60 million in client assets. This strategic transaction marks a natural expansion for GCEX from its established OTC, conversion and technology business into a broader digital assets proposition for asset and wealth managers.
Argamon / Afterprime to utilize Centroid Bridge multi-asset connectivity. Argamon Group, a company specializing in the optimization of financial and digital liquidity as well as the management of Prime Broker relationships, and Centroid Solutions, a leader in multi-asset trading technology, have announced a new strategic partnership.
Top FX industry executive moves this week
❑ Axi CCO Louis Cooper retires.
❑ Eightcap CEO Alex Howard, LATAM director Carlos Cadavid depart.
❑ MultiBank’s Head of China Sophie Squillacioti leaves for UEXO.
❑ CPP Group announces CEO departure, closure of Leeds office.
❑ Brendan Nelson to assume role of HSBC Interim Group Chair.
