What led to a sharp rise in the shares of US neobroker Robinhood, to new all-time highs?
Which executives have moved from Doo Group and its D Prime CFDs brokerage unit, to rival broker EC Markets?
Who did leading UK online broker IG hire as its new CEO North America?
Which is the latest international CFDs broker to obtain a UAE SCA license?
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
Robinhood shares pop 12% to all time high on Sports Betting, institutional buying. Shares of US neobroker Robinhood Markets Inc (NASDAQ:HOOD) hit a new all-time high of $136.84 on Monday, before closing the day at $136.72, up 12.3% from Friday’s close. At its current share price Robinhood has a valuation of more than $121 billion. Robinhood shares are now up by 35% since it was announced earlier this month that the company would be added to the S&P 500 Index. Year to date in 2025, Robinhood shares are up 267%.
IG secures FCA crypto license. Leading UK online brokerage IG Group (LON:IGG) has announced that it has been granted a cryptoasset license by the Financial Conduct Authority (FCA), enabling the firm to significantly expand its crypto offering for customers. IG becomes the first UK-listed business to join the FCA’s cryptoasset register, marking a milestone moment for the UK’s crypto sector.
CFDs broker Deriv obtains UAE SCA license. Deriv, a global leader in online trading, has announced that it has obtained a license from the UAE Securities and Commodities Authority (SCA) for its newly formed UAE subsidiary, Deriv Capital Contracts & Currencies L.L.C. This marks Deriv’s strategic expansion across the region, further enabling its mission to offer regulated online trading services in one of the world’s most dynamic financial hubs.
NinjaTrader Group introduces NinjaTrader Prop and Tradovate Prop. NinjaTrader Group, a provider of retail futures and trading technology, announced the launch of NinjaTrader Prop and Tradovate Prop under their NT Technologies entity. With the launch of NinjaTrader Prop and Tradovate Prop, NT Technologies reinforces its commitment to developing purpose-built tools and technology for prop trading, continuing to lead innovation.
CFDs broker Blueberry integrates cTrader into its trading offering. Leading trading platform developer Spotware has announced that Australia based Retail FX and CFDs broker Blueberry has integrated its multi-asset trading platform, cTrader, into its trading offering. This strategic addition enhances Blueberry’s multi-platform approach, enabling clients to access a high-performance, intuitive trading solution built to support evolving trader needs.
Top FX industry executive moves this week
❑ IG hires venture capitalist Mike Vaughan as CEO North America.
❑ Exclusive: D Prime sales manager Pratham Shah joins EC Markets.
❑ EC Markets hires Doo Group MENA head Omar Qumuq as Managing Director.
❑ Traze hires Trade Nation exec Lorenzo Patchay to head South Africa sales.
❑ Finalto hires CMC alum Sam Horowitz as Head of Liquidity UK/EU.
❑ iSAM Securities hires 26 Degrees exec Alex Papoutsas as Sales Director in Cyprus.
❑ oneZero adds former Coinbase, Ameritrade and Saxo exec Asiff Hirji to its Board.
❑ ActivTrades promotes Danislav Gurbalov to CMO, Nedko Geshev to CCO.
❑ Bitpanda names Markus Dorner as CTO.
❑ GCEX hires FX industry vet Steve Thomas for UK/EMEA Sales and BizDev.
