On a second consecutive week that saw a larger-than-usual number of FX and CFDs industry senior executive moves involving companies such as IC Markets, INFINOX, GTCFX, Admirals, Hirose, IG/tastytrade, Your Bourse, and STARprime, among others, there were also some interesting strategic moves by brokers looking to build out in new markets.
How is US neobroker Robinhood looking to attract clients in the EU?
What is new about TopFX’s Synthetic Indices launch?
How did institutional eFX trading volumes fare in June?
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 launches US stock and ETF tokens in the EU, perpetual futures. US neobroker Robinhood (NASDAQ:HOOD), after recently teasing what it said would be its “biggest crypto announcements of the year,” has unveiled a suite of new products that the company says mark a major step forward for crypto. From expanding Robinhood to over 400 million people across 30 EU and EEA countries, to launching stock and ETF tokens, Robinhood said that it is building toward a future where investing is simpler, smarter, and more accessible worldwide.
Tradeview gets UAE SCA Category Five license. Retail FX and CFDs broker Tradeview has announced that the company has become the latest in a growing list of firms to receive a license from the UAE’s financial regulator SCA. Other Category Five license recipients during 2025 have included Eightcap, EC Markets, CPT Markets, VPFX, and STARTRADER. (A full Category One license would also allow for providing brokerage and trading services, and direct holding of client funds.)
TopFX launches Synthetic Indices enabling 24/7 algo trading on cTrader. TopFX, a global forex broker and multi-asset liquidity provider, has announced the launch of Synthetic Indices, a new class of market instruments offered exclusively on its cTrader platform. These algorithmic indices simulate fast-moving price action while remaining completely independent of traditional market assets.
Institutional FX trading volumes recover slightly in June 2025 but lag earlier months. After seeing a 22% across-the-board decrease in FX trading volumes in May, each of FXSpotStream, Cboe FX, EuronextFX and Deutsche Borse’s 360T reported between 0.6% and 3.6% increases in June 2025, averaging 1.5%. Better than May, but well below March and April’s record figures enjoyed when currency volatility was at a multi-year peak.
CFI becomes Official Online Trading Partner of Etihad Arena in Abu Dhabi. Leading MENA region based online trading provider CFI has announced its new designation as the Official Online Trading Partner of Etihad Arena, the region’s premier entertainment destination located in the heart of Abu Dhabi. As part of the agreement, CFI will gain strong brand visibility across Etihad Arena’s year-round lineup of world-class events, reaching hundreds of thousands of visitors through premium onsite and digital exposure.
Top FX industry executive moves this week
❑ Exclusive: STARTRADER hires Samin Aref Zaher as Head of Trading for STARprime.
❑ Exclusive: Admirals hires Cosmin Ruse succeeding Bogdan Albu as Romania and Hungary director.
❑ Exclusive: Your Bourse head of marketing Diana Ilchuk departs.
❑ INFINOX hires Exinity/FxPro alum Artem Gonov as CTO.
❑ Exclusive: GTCFX Head of Sales Ali Afzaal departs.
❑ Exclusive: tastytrade Head of International James Rutter departs.
❑ eToro adds former SEC Commissioner Laura Unger and Wix CFO Lior Shemesh to its Board.
❑ Exclusive: Hirose UK adds former Finalto sales director Marco Maggioni.
❑ Former England Rugby International Simon Halliday joins MAS Group as Key Partnerships Adviser.
❑ Rostro hires Exness alum Constantina Georgiadou to head PR and Comms.
❑ Exclusive: IC Markets hires IG / Brightpool exec Ioannis Lamprou as Risk Manager.
❑ XS.com hires GTCFX exec Marcus Ng to head APAC.
❑ Exclusive: Investment Trends’ Head of Research Irene Guiamatsia returns to ASIC.
