Zoltan Nemeth has taken on a new role as Head of Business Development at FunderPro, a proprietary trading firm. He announced the move today (Friday) on LinkedIn. Nemeth wrote: “I’m happy to share that I’m starting a new position as Head of Business Development at FunderPro.” Former Swissquote COO Leads FunderPro Before joining FunderPro, Nemeth […]
Author Archives: BooBee
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May
May
Moving into the B2B space is an opportunity for brokers to diversify revenue streams and reduce dependency on retail flows – but it’s no quick fix for those looking to bump up their margins. Growing competition in retail trading coupled with rising customer expectations has made acting as a liquidity provider seem like a logical […]
NAGA Group AG (XETRA: N4G), the publicly listed company behind the retail trading app NAGA, reported a 7% year-over-year (YoY) revenue increase in the first quarter of 2025, according to unaudited figures released today (Thursday). NAGA Group Reports 7% Revenue Growth in Q1 2025 The Hamburg-based fintech saw group revenues climb to €16.4 million in […]
25
May
May
Crypto exchange Kraken plans to offer tokenized versions of popular U.S. equities. According to the exchange’s announcement today (Thursday), Kraken will list a new suite of tokenized equities dubbed xStocks in partnership with Backed Finance. The assets will reportedly be live on the Solana blockchain and represent actual shares held 1:1 by Backed. Clients in […]
In April, Mantra’s OM token dumped by more than 90%, going from $6.30 to less than $0.50 in only a few hours after $227 million worth of tokens were shifted to exchanges. The event made many worry about liquidity, insider trading, and the lack of clarity in the crypto market. This is simply one of […]
25
May
May
FXIFY, the oldest broker-backed prop firm, is proud to celebrate its second anniversary, marking two years of industry-defining innovation, trader-first policies, and rapid global growth. Since its inception, FXIFY has paid out over $30 million to its traders and now serves a global community of more than 200,000 active users. In the first quarter of […]
25
May
May
Crypto.com has appointed former IG Group CEO Kevin Algeo as Senior Vice President (SVP) of Capital Markets. The announcement comes just one day after the cryptocurrency platform revealed its acquisition of a CySEC-regulated broker and expressed its intention to launch a CFD offering beyond its core products in the second half of the year. FX […]
25
May
May
The UK’s Financial Conduct Authority (FCA) is planning to simplify complaints reporting for around 10,000 regulated entities. While the FCA does not directly mention CFDs and retail trading firms, the proposed changes are likely to impact these providers, offering them a potentially predictable reporting process. Under the FCA’s rules, firms authorized to carry out regulated […]
EXANTE appointed Robert Parker as Head of Risk, Financial Markets. With over two decades of industry experience, Parker will now step into the London-based role. A Strategic Hire at a Pivotal Moment Parker’s career includes senior positions at major institutions like Deutsche Bank, Sberbank CIB, and BCS Global Markets. His background covers all major risk […]
25
May
May
This week, EXANTE hired Deutsche Bank’s former executive Robert Parker as Head of Risk, ADSS’s Head of Sales stepped down, Crypto.com added the former IG Group CEO, and Fusion Markets added the Former IG Manager as Head of Sales. Elsewhere, Fusion Markets named a Former IG Manager as Head of Sales, CMS brought CFI Dubai’s […]