Market news
Crypto, stocks, forex and macro, aggregated for traders.
Plus500 to buy Hedge Capital Markets to bring US securities into planned super-app
Plus500 has conditionally agreed to buy US broker-dealer Hedge Capital Markets, adding an SEC-regulated securities business to a planned US super-app it aims to launch in early 2027.
MAS Markets Hires ATFX Australia Head Simon Naish to Lead Asia-Pacific
MAS Markets has appointed Simon Naish, previously ATFX's Sydney country head, as head of Asia-Pacific, succeeding Harry Fry, who moved to Edgewater Markets.
Plus500 Is Building a US ‘Super-App’ and Buying a Broker to Stock the Shelves
Plus500 plans to launch a US super-app in Q1 2027 covering futures, prediction markets, stocks, options and ETFs, and has conditionally agreed to buy SEC-regulated broker-dealer Hedge Capital Markets.
Aussie Dollar Retreats Below 0.70 as Oil Shock Lifts US Dollar
The Australian dollar lost roughly 0.40% on Monday against a stronger US dollar, with AUD/USD trading near 0.6950 after failing to hold the 0.70 level.
Darwinex Zero to Hold First UK Live Events in Manchester and London
Darwinex Zero, the trader development platform from FCA-regulated Darwinex, will hold its first UK in-person events on 6 November in Manchester and 7 November in London.
IG Chief Questions What Kalshi and Polymarket Volume Records Are Worth
IG Group CEO Breon Corcoran said prediction-market notional volume is hard to tie to economic value, as Underdog reported $105 million of quarterly net revenue.
FXCM’s UK Arm Lost $2.2 Million in 2025 Ahead of Sale to Trade Nation
Stratos Markets, which runs FXCM's UK business, lost $2.24 million in 2025 as administrative costs climbed, while client money rose 24% to $110.3 million ahead of its client book's transfer to Trade Nation.
AUD/USD Edges Higher Toward 0.7000 as US Sentiment Softens
AUD/USD trades with mild gains around 0.6985 in early Asian trading, supported by a softer US dollar after weak consumer sentiment.
Weekly Review: AvaTrade and Trade Nation Acquire FXCM; Nasdaq Backs 24/7 Trading
AvaTrade has agreed to acquire the majority of FXCM Group's business and brand rights, days after Trade Nation acquired FXCM's UK client book. The deals reshape the retail forex brand.
Aussie Dollar Extends Weekly Gains as Fed Pause Bets Weigh on USD
The Australian dollar finished Friday higher, adding 0.38% on the day and 0.58% for the week, as the US dollar trimmed some of its weekly advance.
PBoC Rejects Yuan Undervaluation Claims, Cites Industrial Competitiveness
The People’s Bank of China pushed back against claims the yuan is undervalued, saying export strength reflects industrial competitiveness rather than currency valuation, according to Commerzbank FX analysts.
NAGA Adds €1 Million Client Insurance, but Total Cover Is Undisclosed
NAGA has added private insurance for clients of its CySEC-regulated European business. The policy is designed to cover missing cash and securities if the broker becomes insolvent and client assets have been lost through fraud, theft or similar misconduct. The cover is an addition to Cyprus’s €20,000 Investor Compensation Fund and is advertised as providing up to €1 million per eligible client. How
AvaTrade Agrees to Acquire Majority of FXCM as Jefferies…
AvaTrade has agreed to acquire the majority of FXCM Group's business and brand, three days after Trade Nation struck a deal for the UK client book of Stratos Markets. Terms were not disclosed.
Bullwaves Hires FP Markets’ Former Client Relations Head as COO
Bullwaves has hired FP Markets' former head of client relations as chief operating officer, among a run of broker news that also includes AvaTrade's deal for most of FXCM.
AvaTrade agrees to acquire majority of FXCM business
AvaTrade has agreed to acquire the majority of FXCM Group’s business and brand, adding FXCM clients to its multi-asset platforms and AI-powered tools.
AvaTrade Acquires Majority of FXCM in Landmark Consolidation Play
AvaTrade has agreed to acquire most of FXCM, leading a round-up of broker news that also includes NAGA's $8 million raise and Wise's push for a UK tax settlement.
NAGA Group Secures $8M at a 57% Premium, Anchored by CEO’s Share Pledge
NAGA Group has secured $8 million in new financing at a 57% premium, a raise anchored by a pledge of shares from its chief executive, amid a busy stretch of brokerage deal news.
Markets4you Introduces IB Flex Commission Settings Alongside Dream Trip 2026
Markets4you has rolled out Commission Settings for eligible IB Flex partners, letting them control commission splits across their sub-IB network, alongside the Dream Trip 2026 rewards campaign running from September 1 to November 30.
Gold Edges Higher to Near $4,150 as Fed Rate Path Weighed
Gold moved higher toward $4,150 in early Asian trading on Friday, recovering from a two-month low as markets assessed the Federal Reserve's uncertain rate outlook and energy prices.
Yen strengthens as Trump rules out Iran strikes before midterms
The yen firmed after President Trump said on Truth Social that the US would not attack Iran before the midterm elections, while the 10-year Treasury yield settled near 5.22%.
Aussie Dollar Slips as AI Sell-Off Hits Wall Street
AUD/USD fell 0.11% to around 0.6960 as Wall Street losses and lower US yields triggered safe-haven flows into the yen and Swiss franc.
Another IG Executive Joins OANDA After Four Years as Global Compliance Officer
Karolina Jasica has joined OANDA as Global Compliance Officer after more than four years at IG Group, the second senior hire the broker has made from its London rival.
Most Axi Clients Now Trade on MetaTrader 5 as Broker Rolls Out MetaQuotes' Order Engine
MetaQuotes says more than 60% of Axi's customers now trade on MetaTrader 5, and the broker has begun deploying the vendor's Ultency order-matching engine.
XTB Catches Up on Overnight US Stock Trading, Adds Hungarian Tax Account
Warsaw-listed XTB has begun a staged rollout of 24-hour weekday trading in selected US shares and opened a tax-advantaged TBSZ long-term investment account in Hungary.