Daily Dose of Broker News: UK Focus

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Trading 212 Set to Launch 212 Card, Enabling International Transactions for UK Users

Mar 6 2024    
Trading 212 is gearing up to introduce card services in the UK, as revealed in a recent LinkedIn post by the company.

XTB Sets Sights on £400 Billion UK Market with Upcoming ISA Application

Mar 4 2024    
XTB is targeting the lucrative £400 billion market in the UK. With plans to submit an ISA application in the coming weeks, the company anticipates a "strong take-up."

Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker

Mar 1 2024    
Saxo Bank announces it is parting ways with Saxo Markets UK CEO Charlie White-Thomson after five years of contributing to strengthening its governance.

CMC Markets Witnesses 18% Surge in Shares Following Layoffs

Feb 29 2024    
CMC Markets shares surges 18% as cost-cutting measures, including layoffs, drive optimism for improved profitability.

CMC Markets Announces 17% Workforce Reduction in Effort to Boost Annual Turnover

Feb 29 2024    
For cost reduction and efficiency plans, CMC Markets decided to reduce its workforce by approximately 200 positions, representing 17% of its staff.

Vantage Extends Partnership with NEOM McLaren Extreme E Team

Feb 27 2024    
Vantage and NEOM McLaren Extreme E Team have renewed their third year of sponsorship following the addition of drivers Cristina Gutiérrez and Mattias Ekström into the team.

XTB Forex Broker Boosts UK ETF Investments with New Auto-Invest Feature

Feb 21 2024    
XTB launches auto-invest feature, promoting passive investment strategies in the UK. Let's explore flexible options for ETF investments with XTB's Investment Plans.

AQMetrics and CMC Markets Join Forces to Simplify MiFID II Compliance

Feb 16 2024    
CMC Markets and AQMetrics redefine MiFID II compliance, setting new industry standards with innovative technology and strategic partnership.

ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds

Feb 13 2024    
ThinkMarkets court-ordered to return $4.28M amid client dispute, adding to financial challenges and uncertainties for the broker.

One Global Market Forex Broker Triples Revenue, Growth Explodes in FY 2023

Feb 8 2024    
One Global Market triples FY 2023 revenues, marking a transformative year with new leadership and a strategic vision for continued success in 2024.