Who acquired ASIC licensed Retail FX and CFDs dealer World Prime?
Who launched new Retail FX and CFDs brokerage model Afterprime? Which CySEC CIF licensed entity did Afterprime purchase?
What are US neobroker Robinhood’s plans to launch service within the UK?
The place did skilled trade advertising govt Helen Astaniou land, greater than a 12 months after leaving her place as CMO of TIOMarkets?
Among the most learn and commented-on FX/CFD trade information tales to seem over the previous seven days on FNG included:
Unique: World Prime bought, homeowners Jeremy Kinstlinger and Elan Bension begin Afterprime. FNG Unique… FNG has realized of various modifications within the Australia Retail FX and CFDs sector, with various transactions occurring between some pretty well-known names and types within the enterprise. On the heart of the transactions are Jeremy Kinstlinger and Elan Bension, who collectively co-owned and co-ran ASIC licensed dealer World Prime since 2012. In 2020 the pair introduced in former IC Markets senior govt Angus Walker as Common Supervisor of World Prime.
Robinhood launches within the UK. After a failed try again in 2020, US app-based neobroker Robinhood (NASDAQ:HOOD) has formally launched brokerage companies in the UK. The corporate stated that its enlargement to the UK marks an vital milestone in its journey to democratise finance across the globe and enhance entry to the markets for all. The launch comes after Robinhood began posting for key positions within the UK just a few months again, and after the corporate employed Freetrade EU head Jordan Sinclair as new UK CEO.
Unique: iS Prime rebrands to iSAM Securities – a chat with Alexander Lowe. FNG Unique Interview… We’re happy to talk as we speak with iSAM CEO Alexander Lowe on iSAM Securities’ 12 months of transformation. Since 2014, iSAM Securities has been a market main supplier of bespoke liquidity options, buying and selling expertise and danger consultancy companies throughout the globe. Inside the final 12 months, the model developed by combining its iS Prime and iS Threat product traces below the overarching identify of iSAM Securities. This was initiated to extra intently align iSAM Securities with its mum or dad firm, $5bn systematic hedge fund supervisor, iSAM.
Unique: Zenfinex posts £1.9M loss in 2022 earlier than Taurex rebrand. FNG Unique… FNG has realized by way of regulatory filings that FCA licensed dealer Zenfinex Restricted has posted a Web Lack of £1.9 million on Revenues of simply £397K in 2022. The loss was barely larger than the £1.8 million that Zenfinex misplaced in 2021, on Revenues of £239K. The losses come as Zenfinex has rebranded its Retail FX and CFDs enterprise to Taurex, each for its UK operation and its offshore (Seychelles) enterprise, that now each run from web site tradetaurex.com. The group’s B2B enterprise nonetheless operates below the Zenfinex model, from web site zenfinex.co.uk.
Prime FX trade govt strikes reported at FNG this week included:
❑ Unique: Helen Astaniou joins FXStreet’s FinancialMarkets.media.
❑ Unique: Former ADSS/Saxo/ETX exec Jo Web page joins board of Intertrader operator Alvar.
❑ Hargreaves Lansdown appoints Alison Platt as Chair.
❑ Nomura appoints Jérôme Brochard as World Head of QIS Structuring.
❑ Argo Blockchain appoints Thomas Chippas as CEO.