IronFX cuts 150 roles
Job cuts at IronFX enjoy emerged because the most fresh signal of tension across the web shopping and selling industry. The broker laid off round 150 staff, or about 10% of its roughly 1,500‑actual body of workers, with sources citing “efficiency” amid the AI wave because the major driver.
The layoffs say earlier reductions at other brokers, including Tradu/FXCM and eToro, and attain as IronFX continues to characteristic with a Cyprus Funding Company license, a British Virgin Islands offshore license and authorization from the UK Financial Behavior Authority.
eToro’s crypto expansion understanding
Within the meantime, eToro CEO Yoni Assia said the fintech huge is in a
actual state to lengthen its crypto offering and has offered prediction markets within its contemporary non-custodial crypto pockets.
Talking to Finance Magnates in Limassol, Assia vital that
the characteristic modified into designed to protect spoil away users’ indispensable investments. He
added that eToro is for the time being working with Polymarket and retaining discussions
with Kalshi because the firm explores alternatives within the short-rising
prediction markets sector.
The CEO of eToro factual revealed how they profited $50 million by integrating Bitcoin into their treasury draw.
Crypto is here to protect, it’s a brand contemporary extra or much less world capital market. pic.twitter.com/eGEwTbltTe
— Kashif Raza (@simplykashif) Might presumably simply 16, 2025
Assia emphasized that prediction markets remain within the early
stages of model and it’s peaceful unclear how phenomenal ardour eToro users
will cloak in them.
Struggle exposes insider risks in prediction markets
Within the wild west of prediction markets, the Iran battle has
drawn appealing attention to the increasing probability of insider shopping and selling.
Following the US
strike on Iran in dreary February, users reportedly wagered a complete bunch of tens of millions
of greenbacks on outcomes starting from the timing of attacks to a capability
nuclear detonation.
Records analytics company Bubblemaps identified several suspected
insiders who allegedly wager over 1,000,000 dollars on the timing of the strike,
whereas other analysts vital shopping and selling patterns that mirrored insider behavior
round occasions engaging Iran’s leadership.
CFTC rules for prediction market
Prediction markets are indeed gaining mainstream attention, however contemporary
regulatory indicators point out the rules are tightening. CFTC issued contemporary steerage for platforms
attracted to launching prediction markets, outlining requirements that resemble a
compliance take a look at.
The advisory requires platforms to trace that their
match contracts can withstand market manipulation and insider shopping and selling sooner than being
authorized for buying and selling within the United States.
On the same time, CFTC Chairman Michael Selig said the company would no longer intend to mediate which products folks are allowed to trade and
will wait on away from making policy by enforcement actions.
As an different, he instructed an audience at the FIA World Cleared
Markets Convention in Florida that the CFTC plans to spin away from “regulating
by enforcement” and step reduction from enforcement-driven policymaking.
Are prediction markets the following prop shopping and selling?
Prediction markets are also rising as a capability different
for retail traders as regulators tighten oversight of simulated proprietary shopping and selling. Authorities within the U.S., Canada, and Europe enjoy begun scrutinizing
prop shopping and selling corporations that count extra on dispute charges than precise shopping and selling task.
Retail prop shopping and selling vs. prediction markets
Loads of these corporations operate in regulatory grey areas, time and any other time
the utilize of simulated accounts in desire to executing live trades. Fresh enforcement
cases and platform shutdowns enjoy accelerated the industry’s see contemporary
units.
XTB provides execute swap to block hackers
Away from prediction markets, XTB offered an emergency lock characteristic that allows purchasers to freeze all task on their epic with a single tap within the event that they gain unauthorized gather entry to. When activated, the lock halts shopping and selling in all instruments, blocks withdrawals from all forex accounts, and disables all eWallet transactions, the firm said.
To restore gather entry to, users must first switch their password after which spin a facial recognition overview to verify they are the decent epic holder.
XTB CEO Omar Arnaout said the characteristic is designed to present purchasers a rapid draw to secure administration of their accounts amid rising digital and cybersecurity threats.
Over half of Singapore CFD traders utilize one platform
As Singapore’s CFD market returns to growth, suppliers are beneath tension to be trek their buyer carrier meets the expectations of both contemporary and existing purchasers. Companies want to contend with inquiries, onboarding, and toughen efficiently to protect traders in a extra aggressive atmosphere.
In accordance to Funding Traits affiliate overview director Lorenzo Vignati, the purpose of curiosity in Singapore has shifted from expansion to engagement, with brokers now concentrating on reactivating traders who previously stopped shopping and selling.
He vital that brokers can no longer give you the money for missteps with returning purchasers due to first impressions are principal when these traders attain reduction to the market.
World forex brokers target Japan
Japan remains one of many world’s key retail international exchange markets, combining high shopping and selling volumes with a colossal and titillating scandalous of retail traders. The country has higher than 1.5 million retail FX traders and over 3 million titillating shopping and selling accounts, producing round $400 billion in day-to-day FX turnover, placing it alongside London, New York, and Singapore as a prime FX hub.
A important characteristic of Japan’s market is the dominance of home brokers in retail shopping and selling. Predominant native corporations equivalent to GMO Click Securities, SBI FX Replace, Rakuten Securities, DMM FX, and Monex Community enjoy constructed intensive retail shopping and selling ecosystems, supported by established platforms and sizable buyer bases.
Revolut wins fats UK bank licence
Revolut has got approval from the Prudential Regulation Authority to originate its UK bank, concluding a prolonged regulatory direction of. The license will enable the firm to lengthen its providers for round 13 million potentialities in its dwelling market by its contemporary entity, Revolut Financial institution UK Ltd.
We’re now officially a absolutely licensed bank within the UK.
As a bank, we’ll rapidly provide accounts safe by the Financial Companies and products Compensation Map (FSCS) up to £120,000 per particular person on eligible deposits.
It also draw we’ll have the choice to originate extra banking choices within the raze… pic.twitter.com/fH7K2TQLDd
— Revolut (@Revolut) March 11, 2026
With this authorization, Revolut can operate as a absolutely licensed bank within the UK and provide deposit accounts covered by the Financial Companies and products Compensation Map. It now joins other main fintechs which enjoy got fats banking licenses, including UK-basically based Monzo and Starling and Germany’s N26.
Executive Strikes of the week: Traze, Tarurex
Lastly, within the govt. moves, Naeem Afzal has joined Traze, the sister CFDs broker ticket of ZFX beneath Zeal Community, as Regional Sales Director, basically based within the United Arab Emirates.
He brings virtually twenty years of skills in institutional and retail gross sales, most no longer too prolonged within the past serving as Regional Sales Director at GO Markets.
Furthermore this week, CFD broker Taurex reappointed Matthew Wright as a Non-Executive Director, virtually three years after he left for Exinity, bringing reduction an govt who previously led the company sooner or later of its Zenfinex fragment.
IronFX cuts 150 roles
Job cuts at IronFX enjoy emerged because the most fresh signal of tension across the web shopping and selling industry. The broker laid off round 150 staff, or about 10% of its roughly 1,500‑actual body of workers, with sources citing “efficiency” amid the AI wave because the major driver.
The layoffs say earlier reductions at other brokers, including Tradu/FXCM and eToro, and attain as IronFX continues to characteristic with a Cyprus Funding Company license, a British Virgin Islands offshore license and authorization from the UK Financial Behavior Authority.
eToro’s crypto expansion understanding
Within the meantime, eToro CEO Yoni Assia said the fintech huge is in a
actual state to lengthen its crypto offering and has offered prediction markets within its contemporary non-custodial crypto pockets.
Talking to Finance Magnates in Limassol, Assia vital that
the characteristic modified into designed to protect spoil away users’ indispensable investments. He
added that eToro is for the time being working with Polymarket and retaining discussions
with Kalshi because the firm explores alternatives within the short-rising
prediction markets sector.
The CEO of eToro factual revealed how they profited $50 million by integrating Bitcoin into their treasury draw.
Crypto is here to protect, it’s a brand contemporary extra or much less world capital market. pic.twitter.com/eGEwTbltTe
— Kashif Raza (@simplykashif) Might presumably simply 16, 2025
Assia emphasized that prediction markets remain within the early
stages of model and it’s peaceful unclear how phenomenal ardour eToro users
will cloak in them.
Struggle exposes insider risks in prediction markets
Within the wild west of prediction markets, the Iran battle has
drawn appealing attention to the increasing probability of insider shopping and selling.
Following the US
strike on Iran in dreary February, users reportedly wagered a complete bunch of tens of millions
of greenbacks on outcomes starting from the timing of attacks to a capability
nuclear detonation.
Records analytics company Bubblemaps identified several suspected
insiders who allegedly wager over 1,000,000 dollars on the timing of the strike,
whereas other analysts vital shopping and selling patterns that mirrored insider behavior
round occasions engaging Iran’s leadership.
CFTC rules for prediction market
Prediction markets are indeed gaining mainstream attention, however contemporary
regulatory indicators point out the rules are tightening. CFTC issued contemporary steerage for platforms
attracted to launching prediction markets, outlining requirements that resemble a
compliance take a look at.
The advisory requires platforms to trace that their
match contracts can withstand market manipulation and insider shopping and selling sooner than being
authorized for buying and selling within the United States.
On the same time, CFTC Chairman Michael Selig said the company would no longer intend to mediate which products folks are allowed to trade and
will wait on away from making policy by enforcement actions.
As an different, he instructed an audience at the FIA World Cleared
Markets Convention in Florida that the CFTC plans to spin away from “regulating
by enforcement” and step reduction from enforcement-driven policymaking.
Are prediction markets the following prop shopping and selling?
Prediction markets are also rising as a capability different
for retail traders as regulators tighten oversight of simulated proprietary shopping and selling. Authorities within the U.S., Canada, and Europe enjoy begun scrutinizing
prop shopping and selling corporations that count extra on dispute charges than precise shopping and selling task.
Retail prop shopping and selling vs. prediction markets
Loads of these corporations operate in regulatory grey areas, time and any other time
the utilize of simulated accounts in desire to executing live trades. Fresh enforcement
cases and platform shutdowns enjoy accelerated the industry’s see contemporary
units.
XTB provides execute swap to block hackers
Away from prediction markets, XTB offered an emergency lock characteristic that allows purchasers to freeze all task on their epic with a single tap within the event that they gain unauthorized gather entry to. When activated, the lock halts shopping and selling in all instruments, blocks withdrawals from all forex accounts, and disables all eWallet transactions, the firm said.
To restore gather entry to, users must first switch their password after which spin a facial recognition overview to verify they are the decent epic holder.
XTB CEO Omar Arnaout said the characteristic is designed to present purchasers a rapid draw to secure administration of their accounts amid rising digital and cybersecurity threats.
Over half of Singapore CFD traders utilize one platform
As Singapore’s CFD market returns to growth, suppliers are beneath tension to be trek their buyer carrier meets the expectations of both contemporary and existing purchasers. Companies want to contend with inquiries, onboarding, and toughen efficiently to protect traders in a extra aggressive atmosphere.
In accordance to Funding Traits affiliate overview director Lorenzo Vignati, the purpose of curiosity in Singapore has shifted from expansion to engagement, with brokers now concentrating on reactivating traders who previously stopped shopping and selling.
He vital that brokers can no longer give you the money for missteps with returning purchasers due to first impressions are principal when these traders attain reduction to the market.
World forex brokers target Japan
Japan remains one of many world’s key retail international exchange markets, combining high shopping and selling volumes with a colossal and titillating scandalous of retail traders. The country has higher than 1.5 million retail FX traders and over 3 million titillating shopping and selling accounts, producing round $400 billion in day-to-day FX turnover, placing it alongside London, New York, and Singapore as a prime FX hub.
A important characteristic of Japan’s market is the dominance of home brokers in retail shopping and selling. Predominant native corporations equivalent to GMO Click Securities, SBI FX Replace, Rakuten Securities, DMM FX, and Monex Community enjoy constructed intensive retail shopping and selling ecosystems, supported by established platforms and sizable buyer bases.
Revolut wins fats UK bank licence
Revolut has got approval from the Prudential Regulation Authority to originate its UK bank, concluding a prolonged regulatory direction of. The license will enable the firm to lengthen its providers for round 13 million potentialities in its dwelling market by its contemporary entity, Revolut Financial institution UK Ltd.
We’re now officially a absolutely licensed bank within the UK.
As a bank, we’ll rapidly provide accounts safe by the Financial Companies and products Compensation Map (FSCS) up to £120,000 per particular person on eligible deposits.
It also draw we’ll have the choice to originate extra banking choices within the raze… pic.twitter.com/fH7K2TQLDd
— Revolut (@Revolut) March 11, 2026
With this authorization, Revolut can operate as a absolutely licensed bank within the UK and provide deposit accounts covered by the Financial Companies and products Compensation Map. It now joins other main fintechs which enjoy got fats banking licenses, including UK-basically based Monzo and Starling and Germany’s N26.
Executive Strikes of the week: Traze, Tarurex
Lastly, within the govt. moves, Naeem Afzal has joined Traze, the sister CFDs broker ticket of ZFX beneath Zeal Community, as Regional Sales Director, basically based within the United Arab Emirates.
He brings virtually twenty years of skills in institutional and retail gross sales, most no longer too prolonged within the past serving as Regional Sales Director at GO Markets.
Furthermore this week, CFD broker Taurex reappointed Matthew Wright as a Non-Executive Director, virtually three years after he left for Exinity, bringing reduction an govt who previously led the company sooner or later of its Zenfinex fragment.
