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“The Market Isn't Saturated, It Is Crowded”: FMLS:25 Panel on What It Takes for Retail Brokers to Compete in B2B

| www.financemagnates.com

At a Finance Magnates London Summit 2025 panel tilled "To B2B or Not? Dos and Donts for Brokers Going Institutional", industry leaders cautioned retail brokers: B2B liquidity is a compelling but challenging space, not just a simple...

Weekly Summary: Doo Group’s Restructuring; Why Bank of England Is Wary of AI Valuations

| www.financemagnates.com

Doo Group appears to be leaving LimassolOur weekly bulletin starts with an interesting development involving the Cyprus brokerage space. Doo Group’s retail and institutional brokerage arm, Doo Prime, appears to be vacating one of its two offices in...

NVIDIA and Nokia Stocks Surge After AI Giant Makes $1 B Investment

| www.financemagnates.com

As NVIDIA hits record highs and adds a $1 billion strategic stake in Nokia, the AI-fueled jump in both stocks says one thing: telecoms are now tomorrow’s battlefield.NVIDIA Stock Hits the StratosphereLet’s start with the obvious: NVIDIA is on a...

CMC Markets, IG, oneZero, and More: Executive Moves of the Week

| www.financemagnates.com

Head of CMC Markets Middle East departsAmong key executive moves this week, Richard Elston left CMC Markets after more than ten years with the company. He initially joined to lead CMC’s institutional business, which launched in 2016 following...

GTC Group Appoints Alexandros Patsalides as Vice President of Institutional

| www.financemagnates.com

GTC Group, which operates in both the retail and institutional trading space, has strengthened its leadership with the appointment of Alexandros Patsalides as its new Vice President of Institutional.Join IG, CMC, and Robinhood in London’s leading...

Weekly Snapshot: Prop Firm Funded Unicorn's A-Book Bet Ends in Failure, Is FxPro Entering Crypto Next?

| www.financemagnates.com

Unraveling of the prop firm Funded UnicornHow far-reaching are the consequences of failure in risk handling for prop trading firms? The closure of Funded Unicorn, one of Germany's top prop trading firms, exposed weaknesses in the firm’s risk...

CFD Broker Starts Construction on GTC Tower, Its Own Headquarters in Dubai

| www.financemagnates.com

Brokerage firm GTC has officially begun construction on its new regional headquarters in Dubai. GTC began operations in 2012. It provides access to trading services across FX, commodities, indices, shares, and cryptocurrencies. The company says it...

GTCFX Appoints CCO with 13 Years at Alpari Following FinCom Approval

| www.financemagnates.com

Mikhail S. announced on LinkedIn today that he has started a new role as Chief Commercial Officer (CCO) at GTCFX. On a LinkedIn post he shared: “I’m happy to share that I’m starting a new position as Chief Commercial Officer (CCO)!”The latest...