FX week in review: Robinhood EU push, Tradeview UAE license, TopFX synthetic indices, executive moves

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

Samin Aref Zaher

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.

Source link

Visited 1 times, 1 visit(s) today

Related Article

AI Stocks Look 'Eerily Similar' to the Dot-Com Craze, CIO Warns

AI Stocks Look ‘Eerily Similar’ to the Dot-Com Craze, CIO Warns

The intoxicating buzz around artificial intelligence stocks over the last few years looks concerningly like the dot-com bubble, top investor Richard Bernstein warns. The CIO at $15 billion Richard Bernstein Advisors wrote in a June 30 post that the AI trade is starting to look rich, and that it may be time for investors to

AUD/USD weekly technical forecast

AUD/USD Weekly Forecast: Traders Gear Up for RBA Rate Cut

The AUD/USD weekly forecast indicates some bearish sentiment. Risk sentiment was poor following the passage of Trump’s tax-cut bill through the US Senate. The US economy added 147,000 jobs in June, above the forecast of 111,000. The AUD/USD weekly forecast indicates some bearish sentiment as market participants prepare for an RBA rate cut. Ups and

Forex trader 2nd to be arrested in 1 cr digi-arrest fraud case

Forex trader 2nd to be arrested in 1 cr digi-arrest fraud case | Kolkata News

Kolkata: The Bidhannagar Police on Saturday arrested Debabrata Ghosh, a forex trader from Kazipara in Barasat, for duping an 86-year-old Salt Lake resident of Rs 1.1 crore between Aug 14 and Aug 29 last year with ‘digital arrest’ threats. Ghosh, a resident of DL Block in Salt Lake, is the second to be arrested in

USD/CAD weekly technical forecast

USD/CAD Weekly Forecast: Optimism Grows on Trade Talks

The USD/CAD weekly forecast shows optimism about US-Canada trade talks. Demand for the dollar fell after the US Senate passed Trump’s controversial bill. The pair recovered slightly at the end of the week after upbeat US employment numbers. The USD/CAD weekly forecast shows optimism regarding progress in trade negotiations between Canada and the US.  Ups

A smiling person sleeps on a heap of dollar bills.

3 Growth Stocks to Buy and Forget About

Want to set your growth-stock portfolio on autopilot? These three stocks could be worth holding for decades. Some investors trade often. Others take their time before pouncing on any particular stock, focusing on long-term investments they can just forget about for decades. Imagine you’re setting up a brand new portfolio for the long haul. Sure,

USD/JPY Weekly Outlook - Action Forex

USD/JPY Weekly Outlook – Action Forex

USD/JPY was bounded by range trading between 142.10 and 148.01 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 148.01 resistance will resume the rise from 139.87 to 61.8% retracement of 158.86 to 139.87 at 151.22. However, break of 142.10 will

Tax Cuts

One Big Beautiful Bill & Job Growth Send Stocks To New Highs

Continued job growth and an expected economic boost from the tax cuts in the One Beautiful Big Bill … More Act (OBBBA) helped push the probability of an economic downturn closer to the lows of the year. President Trump’s July 9 tariff deadline looms as the next big hurdle this week. getty Better-than-expected job growth

0
Would love your thoughts, please comment.x
()
x