Author: Chief Editor

Laura Lin, ex-CEO of Capital.com Australia, joins Banxa as Head of Compliance. Banxa, a prominent player in the embedded crypto infrastructure space, has appointed Laura Lin as its new Head of Compliance. Lin, who recently stepped down as CEO of Capital.com Australia, brings a wealth of experience from her extensive career in financial services. Laura Lin led Capital.com Australia from 2021 to March 2024, steering the company through a period of growth and regulatory change. Prior to that, she served as CEO of Mitrade, a retail FX and CFDs broker, and held various senior compliance roles at IG Group in…

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PU Prime has become an Approved Broker Member of the Financial Commission as of July 16th, 2024, enhancing its credibility and customer trust. PU Prime customers now benefit from up to €20,000 protection per complaint, backed by the Financial Commission’s Compensation Fund, ensuring a safer trading environment. The Financial Commission has officially announced the admission of PU Prime as its newest approved member, effective July 16th, 2024. This recognition grants PU Prime and its customers access to a host of services and benefits associated with the membership. As an Approved Broker Member, PU Prime clients now benefit from enhanced protection,…

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Oneroyal.com introduces IMPS and UPI payment methods, enhancing convenience and flexibility for Indian users managing funds. IMPS allows deposits and withdrawals ranging from ₹500 to ₹90,000, while UPI supports deposits from ₹100 to ₹50,000. Oneroyal.com has launched two new payment methods tailored for its Indian clientele: IMPS and UPI. These additions are expected to enhance convenience and flexibility for users managing their funds. IMPS Payment Method Minimum Deposit: ₹500 Maximum Deposit: ₹90,000 Minimum Withdrawal: ₹500 Maximum Withdrawal: ₹50,000 UPI Payment Method Minimum Deposit: ₹100 Maximum Deposit: ₹50,000 IMPS is available for both deposits and withdrawals, while UPI is exclusively for…

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Equiti Group launches Equiti Gold app for buying, selling, and gifting physical gold. Equiti Gold App enables gold delivery in Dubai and gifting to other Equiti Gold users. Equiti Group, a leading global provider of online trading services, has announced the launch of Equiti Gold, a revolutionary mobile app that makes owning and trading gold easier than ever before. The secure and user-friendly app allows users to buy, sell, and gift physical gold directly from their smartphones. One of the most exciting features of Equiti Gold is the ability to have physical gold delivered to a location of choice in Dubai.…

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Asseta Holding acquires BUX UK, appointing Salim Sebbata as new entity head. BUX commission-free stock offering continues in the Netherlands under ABN AMRO. Asseta Holding, the parent company of APM Capital, a UAE-based brokerage firm regulated by the Financial Services Regulatory Authority in Abu Dhabi, has acquired the UK entity of Dutch brokerage business BUX. The new entity will be led by Salim Sebbata, former CEO of BUX UK, who has been working with APM Capital in preparation for the acquisition. Sebbata expressed enthusiasm about the acquisition, stating that it marks a new chapter for BUX UK and promises growth…

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Lule Demmissie departs as eToro US CEO, Andrew McCormick named successor in company’s strategic leadership transition. Lule Demmissie, CEO of eToro US operations, has announced her departure, with Andrew McCormick set to replace her as Head of eToro US from August 1, 2024. Lule Demmissie reflected on her tenure with gratitude, citing achievements in M&A integrations and regulatory milestones despite challenging market conditions. Following her departure, Demmissie will stay on in an advisory role for the remainder of the year, maintaining her connection with the brokerage. Andrew McCormick, currently serving as US Senior Counsel at eToro since 2022, assumes the…

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eToro partners with SDA Bocconi to enhance European fintech influence, focusing on innovation and market accessibility in Milan. eToro, a leading multi-asset broker, has announced a strategic partnership with SDA Bocconi to develop its presence in the Italian and broader European fintech landscape. The collaboration marks eToro’s entry into the European FS Tech Hub in Milan, an initiative supported by I.C.E. SDA Bocconi and various financial services stakeholders. As a member of the Hub, eToro aims to contribute to discussions on the future of financial markets and fintech’s role in enhancing accessibility and transparency. This includes co-organizing events focused on…

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XTB, a leading Polish brokerage firm specializing in retail forex and CFD trading, has announced its continued operation in Spain despite stricter regulations on CFD marketing and trading. The company emphasized its commitment to complying with the guidelines set forth by the Spanish financial regulator, CNMV. XTB acknowledged that the new regulations, which prohibit CFD advertising and restrict certain marketing practices, will likely impact the company’s client acquisition and revenue in the Spanish market. However, the firm remains optimistic, citing its minimal advertising activities in Spain for the past two years and the relatively small contribution of Spanish revenues to…

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Petros Kalaitzis has joined Malta-based proprietary trading firm FunderPro as their new Chief Strategy Officer (CSO). Petros Kalaitzis previously served as Managing Director at Tools for Brokers, where he led the Cyprus office Petros Kalaitzis has been appointed as the Chief Strategy Officer (CSO) at Malta-based proprietary trading firm FunderPro. Kalaitzis brings a wealth of experience to his new role, having spent the last two years as Managing Director at Tools for Brokers, where he led the company’s Cyprus office. Kalaitzis’s career in the FX industry is marked by notable positions including Chief Experience Officer at NAGA Group, Head Of…

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Daniel Takieddine, former MENA CEO of BDSwiss, has launched Sky Links Capital Group, a pioneering brokerage firm focusing on equities, bonds, commodities, and currencies. Daniel Takieddine, renowned for his leadership at BDSwiss, FXPrimus, and ADSS, has launched Sky Links Capital Group, a pioneering brokerage firm set to transform the trading landscape. Sky Links Capital emphasizes empowering investors with cutting-edge tools and real-time insights, enabling seamless trading experiences across diverse financial markets. With a robust background in the financial sector, Daniel Takieddine brings unparalleled expertise to Sky Links Capital, aiming to enhance financial independence and transparency for traders worldwide. This launch…

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