Vantage Flags Liquidity and Execution Risks in 24/7 Trading
Swissquote nears CHF 100B in client assets and warns Russian customers of possible closures, while recaps also cover OKX inflows, Bitpanda's MiCA fine, and Deribit's Coinbase routing.
Finance Magnates' latest daily recaps cover a wide set of broker and crypto developments, with Swissquote in the spotlight for both client asset growth and a new warning to Russian customers.
Swissquote is approaching CHF 100 billion in client assets, according to one recap. The Swiss online broker also warned Russian customers that their accounts may face closure, according to another item. The recaps did not provide a timeline or detailed rationale for the Russia-related warning.
In another broker-focused item, XTB is examining a systematic internaliser model. Separately, CFD brokers are expanding their trading menus, a trend that continues to reshape the product offerings available to retail clients. Sam Bradbury has returned to prop firm ownership, according to the recaps.
The crypto side of the daily briefings included OKX seeing a surge in inflows linked to Binance users and Deribit routing most of its spot orders to Coinbase. Gate has entered US equities through a partnership with Alpaca. AI trading agents also raised questions over trading liability, underscoring the operational and legal challenges of automated strategies.
On the regulatory front, Bitpanda is facing a MiCA fine in Austria, and the Australian regulator has removed almost 20,000 AI deepfake scams. Equiti has expanded its sponsorship of Al Wahda, while a separate item flagged that Vantage has highlighted liquidity and execution risks in 24/7 trading.
The daily recaps are part of Finance Magnates' ongoing coverage of forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets. Further details on the individual stories were not included in the summary.
Source: Finance Magnates