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Industry news

The retail trading industry beyond any single broker: platforms, liquidity, payments, prop firms, listings and the people moving between them. Updated 3 Sep 2026.

Coinbase Launches Derivatives Contracts in Canada

Coinbase said Wednesday that it has launched regulated derivatives contracts in Canada, allowing eligible Canadian traders to access the products directly on its platform for the first time. Offered through Coinbase Financial Markets, the exchange said it is the first major crypto-native platform to offer direct...

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VIDA Markets Names Michael Chen Head of APAC as Regional Hiring Takes Shape

VIDA Markets has appointed Michael Chen as Head of APAC, giving the FX and CFD broker a dedicated executive for its Asia-Pacific growth strategy. The company said Chen will focus on strengthening VIDA Markets' regional presence, building teams and developing long-term relationships with introducing brokers, affiliates...

IndustryFinance Magnates

Alpaca Moves Index Options from Paper Trading to Live API Access

Alpaca has moved index options from paper trading into live trading, giving users access to Cboe-listed contracts including SPX, SPXW, VIX, VIXW, DJX and XSP through its Trading API and dashboard. The launch extends Alpaca's API-first infrastructure into a product set used by fintech startups, broker-dealers, hedge...

IndustryFinance Magnates

Montrеal Exchange Offers Retail Options Rebate, But Brokers Face $1 Fee Cap

Montrеal Exchange has launched a "bring a client, get a rebate" style promotion, offering to reduce trading and clearing fees to zero on selected retail options trades. The programme comes with a pricing condition: participating firms must charge retail clients no more than $1 per contract, including execution and...

IndustryFinance Magnates

XTB Slips on Final $5.3M Fine Despite STOXX 600 Entry, Still Up 140% This Year

XTB shares slipped 5% today (Wednesday) after the Polish Financial Supervision Authority (KNF) upheld a PLN 20 million (about $5.35 million) fine. The sanction covers customer checks, product targeting, conflict controls and CFD risk disclosures. Even after Wednesday's decline, XTB was up about 143% this year and only...

IndustryFinance Magnates

Marex Expands Corporate FX Business into France

Marex announced the expansion of its Corporate FX business into France on Tuesday, extending institutional-grade foreign exchange risk management solutions to French corporates with exposure to international markets. The move builds on Marex's enhanced Corporate FX capabilities following its acquisition of Hamilton...

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Not Only Advising: RUBIK Says It Now Makes Risk Decisions for Prop Firm Clients

RUBIK promoted Bryan Cycman to chief operating officer today (Wednesday) as it moves beyond consulting to run risk desks for prop trading firms. RUBIK says those desks make decisions for clients. That puts an external provider inside decisions that can affect payouts and account access. RUBIK says its work can include...

IndustryFinance Magnates

Euroclear and HSBC Automate FX Before Europe Cuts Securities Settlement to One Day

Euroclear tapped HSBC yesterday (Tuesday) to supply the pricing, conversion and liquidity behind an automated FX service embedded in securities settlement. AutoFX will initially support more than 30 currencies and is due in early 2027, the companies said. Cross-border investors must secure the currency needed to...

IndustryFinance Magnates

Transparency as a Feature: Building Long-Term Trader Confidence

Choosing a broker is one of the few decisions a trader makes that affects every trade afterwards. Spreads matter, platforms matter, and execution matters, though all three sit on top of something more basic: whether you know where you stand before you commit any money and whether the company holding your account will...

IndustryFinance Magnates

ASIC Crypto License Applications Pass 45 Before September Deadline

The Australian Securities and Investments Commission ( ASIC ) recorded more than 45 applications tied to digital-asset services, it said today (Wednesday). The count has increased by roughly half since ASIC extended its transitional licensing relief. Businesses relying on the regulator's no-action position have until...

IndustryFinance Magnates

Deriv Gains Banking License in SVG

Deriv has obtained a banking license from the regulator in St Vincent and the Grenadines. Its CEO, Rakshit Choudhary, highlighted that the move is "part of a broader push" to expand the contracts for differences (CFD) broker's jurisdictional reach globally. The move did not come as a surprise, as Finance Magnates...

IndustryFinance Magnates

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