Market news
Crypto, stocks, forex and macro, aggregated for traders.
Revolut Secures Conditional Approval for US Bank Charter
Revolut has secured conditional approval for a US bank charter, leading a daily round-up that also covered falling FX volumes, broker layoffs, a Nasdaq bet on Kraken's parent and prop-trading disputes.
Saxo Bank’s H1 Profit Rises 18% as Client Assets Reach EUR 153B
The Financial Commission is extending its dispute-resolution service to retail prop trading, with COO Nikolai Isayev outlining certification, enforcement and screening plans as regulation lags the sector's growth.
SoFi, Payward agree to link banking network with Kraken infrastructure
SoFi Technologies and Payward will connect SoFi's real-time settlement network to Kraken's trading infrastructure, with Kraken joining the SoFi Exchange Network and listing SoFiUSD.
Bitget Institutional API Raises Single-Account Ceiling to 600 RPS, Adds 120,000 RPS Aggregate Cap
Bitget's new institutional API rate-limit framework took effect today, allowing top MM1 and PRO6 clients to configure up to 600 requests per second per UID and up to 120,000 RPS in aggregate.
"No One Writes Code Manually Anymore at Deriv": CEO Rakshit Choudhary
Deriv CEO Rakshit Choudhary says the broker's client-facing apps are now built with AI and it aims to automate 75% of manual workflows by the end of 2026. He also weighed in on agent liability.
The Battle for Gold Traders Moves Overnight: 32 Accounts Charge, One Offers Positive Swaps
Born2trade is paying up to $19.99 per XAU/USD lot in overnight credits for eligible gold longs through year-end, while a ForexBenchmark sample found negative long swaps at all 32 monitored accounts.
PU Prime Launches Australian Operations Under ASIC Licence
Multi-licensed brokerage PU Prime has begun operating in Australia through PU Prime Trading Pty Ltd, an entity regulated by ASIC under AFSL No. 410681, after building out local staff and infrastructure.
Southampton FC Signs VARIANSE Partnership Following Deals with eToro and OctaFX
VARIANSE has signed a multi-year partnership with Southampton Football Club, becoming the club’s Official CFD Trading Partner. The agreement gives VARIANSE rights to use Southampton FC’s approved intellectual property and partnership titles in international branding and digital campaigns. Southampton previously worked with trading companies including eToro and OctaFX . Finance Magnates has also re
Former Revolut Executive Becomes Apex's Second Product Chief in 20 Months
Apex Group appointed Nick Tomadakis as chief product officer, its second hire for the role in 20 months, as the fund administrator works toward a $100 billion tokenization target by June 2027.
PU Prime Launches Australian Operations under ASIC Licence
PU Prime has begun serving Australian clients through local entity PU Prime Trading Pty Ltd, which holds AFSL No. 410681 and comes with dedicated local support and infrastructure.
Kraken Parent Pushes IPO to Q2 2027 at Earliest
Payward, the parent company of Kraken, has pushed its IPO plans to at least Q2 2027, according to CoinDesk. The company's confidential SEC filing remains under review while it reported mixed Q2 results with revenue up 17% but trading volume down 13%.
Déjà Vu at XTB: Founder Jakub Zabłocki Cashes In $410 Million More
XX ZW Investment Group, the vehicle of XTB co-founder Jakub Zabłocki, sold 8% of the Warsaw-listed broker for about $410 million, trimming his holding to 27.78% in his fifth reduction since 2023.
Coinbase Launches Crypto Futures in Canada With Up to 10x…
Coinbase has rolled out crypto futures in Canada through its CFTC-registered Coinbase Financial Markets unit, offering up to 10x leverage to investors with at least $5 million in net financial assets.
Anthony Armstrong, former CFO at Elon Musk’s xAI and X, joins Coinbase board
Coinbase has appointed Anthony Armstrong, former CFO of Elon Musk's xAI and X, to its board of directors, expanding the board to 10 members, per an SEC filing.
Hyperliquid’s Institutional Turn: RFQ, Tokenised…
Silhouette's request-for-quote system is live on Hyperliquid mainnet for xStocks, adding block-trading execution to the onchain order book venue as the tokenized equity supply expands.
Charles Schwab Fined $175,000 by FINRA Over Fractional Share Trade Reporting Failures
FINRA censured and fined Charles Schwab $175,000 after the broker failed to report or timely report about 2.8 million fractional share trades between 2018 and 2025, and inaccurately reported roughly 690,000 more.
Coinbase Launches Derivatives Contracts in Canada
Coinbase has launched regulated perpetual and dated futures in Canada through Coinbase Financial Markets, giving eligible traders direct access to 23 crypto contracts plus commodity and index futures.
Prospect Markets Enters the Prediction Markets Race on…
Prospect Markets signed a definitive agreement with Crypto.com's CFTC-registered US derivatives business to distribute sports event contracts, targeting a Q3 2026 launch.
Arbitrum DAO reports $6.2 million in first-half income as Robinhood Chain adds new revenue stream
Arbitrum DAO booked $6.19 million in unaudited first-half income across four revenue lines, with licensing fees from Robinhood Chain already contributing 35% of July's total.
XTB Slips on Final $5.3M Fine Despite STOXX 600 Entry, Still Up 140% This Year
Poland's KNF upheld a PLN 20 million (about $5.35 million) penalty against XTB over client checks, product targeting and CFD risk disclosures, sending the stock down 5% on the same day the broker confirmed STOXX Europe 600 inclusion.
Tickmill's Ingmar Mattus: The "Mindset Problem" Killing CFD Brokers Who Won't Diversify
Tickmill's Ingmar Mattus says CFD firms are squeezed by coordinated client flow, tighter rules and rivals like Kalshi, warning that refusing to diversify is a 'mindset problem'.
After Nearly Five Years at Vantage, Charlie Walker Moves to Dupoin for Regional Role
Charlie Walker has left Vantage after close to five years and joined Dupoin in a regional role, the latest senior appointment in the retail FX and CFD brokerage sector.
CFI Names Federico Cirulli Chairman as Founders Become Non-Executive Directors
CFI Financial Group appointed independent director Federico Cirulli as chairman, with co-founders Hisham Mansour and Eduardo Fakhoury staying on the board as non-executive directors.
Freedom24 Eyes Switzerland as European Expansion to Move Into Wealth Management
Freedom24, the European platform of Nasdaq-listed Freedom Holding Corp., is evaluating Switzerland as a long-term market and a possible Geneva presence as it moves toward wealth management, AI and digital infrastructure.