Arnab Shome

Circle Internet Group will become Chelsea FC's principal partner and front-of-shirt sponsor from the 2026/27 season.

The license will reduce the broker's reliance on third parties for deposits and withdrawals. It is also expanding in other regions and opened an office in Mauritius earlier this year.

Mattus told Finance Magnates that competition from futures brokers and prediction markets, tougher regulation, and CFD firms' reluctance to diversify are behind a wave of established brokers selling up or shutting down.

XX ZW Investment Group, the vehicle owned by XTB co-founder Jakub Zabłocki, sold 9.4 million shares (8% of the company) for about $410 million (1.5 billion zlotys).

Choudhary says the broker has brought in over 100 AI engineers to guide non-engineering staff as it automates HR, compliance, marketing and product, and rejects the idea that AI-driven job losses make the shift a zero-sum cut.

The CFD broker continues its sponsorship of the Kiwi football team for another year. It is also reportedly mulling a dual listing on the Australian and New Zealand stock markets.

A Tel Aviv court has convicted Roy Cuzin, the former chief analyst of collapsed Israeli algo-trading broker UTrade, over his role in helping the firm obtain roughly NIS 77 million from about 600 clients through fraud.

The broker has obtained a licence from Cambodia's Securities and Exchange Regulator, which authorised it to operate in the country as of August 12.

The prop firm's 2025 annual financials revealed how much it paid for OANDA, which was one of the most talked-about deals in the retail trading space.

Speaking to Finance Magnates, the broker's CEO clarified that "we are not exiting the global market but are making some changes to business"