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Latest News

258 articles
Freetrade loss widens in 2025 as IG acquisition costs outweigh revenue growth
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News
12 May, 2026

Freetrade loss widens in 2025 as IG acquisition costs outweigh revenue growth

Freetrade reported a sharp increase in its pre-tax loss for 2025 as acquisition-related costs and higher marketing spend offset double-digit revenue growth. The figures mark the UK retail investment app’s first full year under IG Group ownership, with assets under administration and trading volumes rising.

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Wikilix Editorial Team
LMAX Group launches Kiosk interface for broker digital asset collateral
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News
12 May, 2026

LMAX Group launches Kiosk interface for broker digital asset collateral

LMAX Group has launched Kiosk, a hosted interface that enables brokers and institutional clients to accept and custody digital assets and post them as margin across the group’s trading venues. BlackBull Markets is among the first adopters as it pursues a dual listing on the ASX and NZX.

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Wikilix Editorial Team
UAE CMA Highlights Restrictions on Category 5 License Holders
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News
12 May, 2026

UAE CMA Highlights Restrictions on Category 5 License Holders

The UAE Capital Markets Authority has begun displaying risk warnings for firms holding Category 5 licenses and has added some to its public warning list. The move underscores that these firms are limited to marketing and introducing services and cannot provide wider financial services.

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Wikilix Editorial Team
Acetop Financial swings to 2025 loss as CFD trading volumes decline
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2
News
12 May, 2026

Acetop Financial swings to 2025 loss as CFD trading volumes decline

Acetop Financial Limited reported a pretax loss for 2025 as client trading volumes fell sharply from 2024’s gold-driven peak. Revenue and trading gains declined, while higher interest costs pushed the London-based CFD provider into the red.

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Wikilix Editorial Team
SEC Files Fraud Complaint Over Reign Financial High-Yield Investment Programs
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News
11 May, 2026

SEC Files Fraud Complaint Over Reign Financial High-Yield Investment Programs

The Securities and Exchange Commission has filed a complaint in the Southern District of Florida against Reign Financial entities and several individuals over an alleged fraudulent high-yield investment scheme. The case involves three purported investment programs, more than $26 million raised from at least 31 investors, and additional alleged misappropriation of hedge fund assets by related defendants.

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Wikilix Editorial Team
Deriv opens Mauritius office with AI-focused strategy
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News
11 May, 2026

Deriv opens Mauritius office with AI-focused strategy

Deriv has opened a physical office in Mauritius two years after obtaining a licence from the Mauritius Financial Services Commission. The move aligns with the broker’s AI-first strategy and leverages the island’s established role as a hub for CFD brokers and payment providers.

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Wikilix Editorial Team
CMC Markets launches listed certificates and warrants in Germany and Austria
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News
11 May, 2026

CMC Markets launches listed certificates and warrants in Germany and Austria

CMC Markets has entered the German and Austrian structured products markets with its first listed certificates and warrants, focusing initially on crypto-linked products. The move positions the London-listed broker against established bank issuers amid regulatory changes for retail turbo certificates.

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Wikilix Editorial Team
Outgoing ASIC chair calls for ban on unlicensed superannuation communications
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News
11 May, 2026

Outgoing ASIC chair calls for ban on unlicensed superannuation communications

Outgoing ASIC Chairman Joe Longo used his final speech to urge a ban on unlicensed superannuation communications, labelling mass lead-generation targeting savers as industrial-scale misconduct. He highlighted enforcement results against failed funds and defended ASIC’s public enforcement stance.

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Wikilix Editorial Team
Central Bank of Ireland Rejects Competitiveness Mandate for Regulators
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3
News
08 May, 2026

Central Bank of Ireland Rejects Competitiveness Mandate for Regulators

The Central Bank of Ireland’s deputy governor for financial regulation has firmly rejected proposals to give financial regulators a mandate to promote sector competitiveness. Mary-Elizabeth McMunn warned such a move could repeat policy errors linked to Ireland’s banking crash and undermine financial stability.

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Wikilix Editorial Team
CFI Financial Group launches Colombia office amid regional expansion
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3
News
08 May, 2026

CFI Financial Group launches Colombia office amid regional expansion

CFI Financial Group has opened a representative office in Bogotá, appointing Simon Knudson as country manager for its Colombian unit. The move comes nearly nine months after Colombia's Financial Superintendence granted regulatory approval and follows a broader regional licensing push.

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Wikilix Editorial Team
ASIC urges urgent cyber resilience uplift as frontier AI heightens risks
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News
08 May, 2026

ASIC urges urgent cyber resilience uplift as frontier AI heightens risks

ASIC has issued an open letter calling on licensees and market participants to urgently strengthen cyber resilience as frontier AI increases global cyber risks. The regulator stresses cyber resilience as a core licensing obligation and outlines priority actions for entities.

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Wikilix Editorial Team
ASIC permanently bans property developer Trent Simon Giumelli from financial services
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2
News
08 May, 2026

ASIC permanently bans property developer Trent Simon Giumelli from financial services

ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after finding he operated unregistered managed investment schemes and carried on a financial services business without a licence. The regulator concluded he demonstrated serious incompetence, irresponsibility and a disregard for the law, raising around $48 million from the public over eight years.

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Wikilix Editorial Team