Revolut Launches Euro Stablecoin; IG Faces Outage


This week introduced a mixture of product launches, regulatory
developments and adjustments throughout the web buying and selling trade. A brand new euro
stablecoin entered circulation, whereas brokers confronted technical disruptions,
regulatory settlements and licence adjustments.

Regulators additionally turned their consideration to CFD protections
and operational resilience in an more and more AI-driven atmosphere. In the meantime,
monetary outcomes and shareholder returns provided contrasting views of dealer
efficiency, whereas the prop buying and selling sector continued to diverge between giant
institutional market makers and retail-funded buying and selling companies.

Revolut launched EURR, a
euro-backed stablecoin that turned publicly out there on August 20, with
solely EUR 374 in circulation when Bridge’s reserve dashboard was checked. The
token is legally issued by Luxembourg-based Bridge Constructing S.A., a
Stripe-owned firm regulated as an digital cash establishment and
crypto-asset service supplier, whereas Revolut distributes it by its app and
Revolut X.

Supply: Bridge.xyz

EURR initially operates on Ethereum and Polygon and is backed
one-for-one by euro-denominated reserves. The launch offers Revolut a dwell euro
stablecoin providing below the EU’s MiCA framework, though its preliminary provide
stays far beneath established rivals resembling Circle’s EURC.

IG Resolves Shopper Login Disruption

IG shoppers reported login failures throughout its net
and cellular buying and selling platforms shortly earlier than and across the US market open.
Customers within the UK, Eire, Singapore and Australia mentioned they had been unable to
entry their accounts, with some reporting issues throughout a number of browsers
and gadgets.

The dealer’s important web site remained out there, whereas
outage-monitoring websites and on-line discussions pointed to issues with account
entry. IG later confirmed that it had skilled a technical problem that
primarily affected shopper logins and mentioned the issue had been absolutely resolved.
The incident added to a sequence of latest platform disruptions throughout the
brokerage trade, together with reported entry issues at Interactive Brokers
and different companies.

RoboMarkets Settles CySEC CFD Case

CySEC reached a EUR 100,000 settlement with RoboMarkets
Ltd over attainable breaches of funding companies guidelines, together with
restrictions governing the advertising, distribution and sale of CFDs to retail
shoppers. The dealer has already paid the settlement, in response to the
regulator.

CySEC’s overview additionally lined organisational necessities, data
offered to shoppers and procedures for assessing whether or not funding merchandise
had been acceptable. The regulator didn’t disclose the particular practices or
incidents behind the attainable violations.

The settlement follows an earlier
CySEC intervention in 2023, when RoboMarkets was ordered to cease providing
non-monetary rewards, together with race tickets and branded merchandise, to retail
CFD shoppers.

FXDD’s Malta Entity Surrenders Licence

Malta’s monetary regulator accepted Triton Capital Markets
Ltd.’s voluntary
give up of its funding companies licence, ending the previous FXDD Malta
dealer’s authorisation after 16 years. The Malta Monetary Companies Authority
mentioned the withdrawal was not the results of regulatory motion.

Triton had used
the licence to supply funding companies throughout the European Financial Space
below MiFID passporting guidelines, a route now closed to the Maltese entity. The
firm ceased to be licensed on August 25.

The event doesn’t decide
the regulatory standing of separate authorized entities utilizing the FXDD model exterior
Malta. Belgium had already recorded the top of Triton’s freedom to supply
funding companies there in March.

ASIC Prepares Assessment of CFD Guidelines

Sarah Court docket, Supply: LinkedIn

Australia’s monetary regulator mentioned it
will seek the advice of within the fourth quarter on proposals to amend and prolong its CFD
product intervention order earlier than the present guidelines expire on Could 23, 2027.
The order applies to Australian monetary companies licensees issuing CFDs to
retail shoppers and at present caps leverage at 30:1 for main international trade
pairs and a pair of:1 for crypto CFDs.

It additionally requires margin close-out and destructive
stability protections, standardised threat warnings and restrictions on sure
inducements. ASIC ‘s timetable locations the session after an preliminary overview,
with ministerial approval deliberate for the primary quarter of 2027. The regulator
has not but specified which provisions might change.

ASIC Requires AI Assault Planning

ASIC and APRA referred to as on monetary companies to ascertain
decision-making authority and restoration priorities earlier than an AI-enabled
cyberattack or different main incident happens. The steerage adopted 9
roundtables involving greater than 600 members from over 380 entities.

Simone Fixed, the ASIC Commissioner

Regulators mentioned boards ought to determine upfront who can escalate an incident,
order a shutdown, set restoration priorities and approve disaster communications.
The difficulty extends to retail buying and selling companies, the place shopper entry, funds and
buying and selling platforms could all require prioritisation throughout a disruption.

Companies
had been additionally urged to map vital property, limit privileged entry, patch
vulnerabilities and check backups. ASIC mentioned cyber resilience is a licensing
obligation somewhat than merely an IT problem.

Dukascopy Revenue Falls Regardless of Deposit Progress

Dukascopy Financial institution reported a
58% fall in consolidated first-half revenue to CHF 1.38 million, as weaker
buying and selling and internet curiosity revenue outweighed stronger fee revenue. The
buying and selling consequence, the group’s largest revenue line, fell 25% to CHF 8.77 million,
whereas internet curiosity revenue declined 33%. Internet fee revenue rose 37% to CHF
2.33 million.

Mixed revenue from the three core strains fell 18%, whereas
working bills had been broadly steady. On the identical time, buyer deposits
elevated 25% from the top of December to CHF 239.29 million, and complete
consolidated property rose 19% to CHF 309.50 million. The interim assertion
offered no steerage for the second half.

Plus500 Begins One other $100 Million Buyback

Plus500 started a
USD 100 million share buyback, its second repurchase programme of that measurement
in 2026. The London-listed dealer is authorised to buy as much as 5.76 million
shares below an authority accepted at its Could annual common assembly.

The
buyback varieties a part of the USD 182.5 million shareholder return introduced with
the corporate’s first-half outcomes, with the remaining USD 82.5 million allotted
to dividends. The programme combines a USD 35.3 million interim buyback with a
USD 64.7 million particular buyback and will proceed into 2027.

Plus500 mentioned
repeated repurchases have diminished its weighted common share depend,
contributing to a 6% year-on-year enhance in first-half earnings per share.

Prop Buying and selling Splits Between Two Fashions

Prop buying and selling continued to indicate a
widening divide between giant institutional market makers and retail-funded
buying and selling companies. On the institutional finish, non-bank buying and selling companies
generated an estimated USD 114 billion in income in 2025, whereas Jane Avenue
reported greater than USD 40 billion in internet buying and selling income over the earlier 12
months.

Giant companies are increasing past high-frequency equities and investing
closely in AI, information and computing infrastructure. In retail prop buying and selling,
consolidation has coincided with rising demand and a shift in direction of
futures-based evaluations.

One trade survey discovered {that a} USD 100,000 futures
analysis averaged about USD 193, in contrast with USD 419 for a comparable CFD
analysis, reflecting altering economics and aggressive pressures.

This week introduced a mixture of product launches, regulatory
developments and adjustments throughout the web buying and selling trade. A brand new euro
stablecoin entered circulation, whereas brokers confronted technical disruptions,
regulatory settlements and licence adjustments.

Regulators additionally turned their consideration to CFD protections
and operational resilience in an more and more AI-driven atmosphere. In the meantime,
monetary outcomes and shareholder returns provided contrasting views of dealer
efficiency, whereas the prop buying and selling sector continued to diverge between giant
institutional market makers and retail-funded buying and selling companies.

Revolut launched EURR, a
euro-backed stablecoin that turned publicly out there on August 20, with
solely EUR 374 in circulation when Bridge’s reserve dashboard was checked. The
token is legally issued by Luxembourg-based Bridge Constructing S.A., a
Stripe-owned firm regulated as an digital cash establishment and
crypto-asset service supplier, whereas Revolut distributes it by its app and
Revolut X.

Supply: Bridge.xyz

EURR initially operates on Ethereum and Polygon and is backed
one-for-one by euro-denominated reserves. The launch offers Revolut a dwell euro
stablecoin providing below the EU’s MiCA framework, though its preliminary provide
stays far beneath established rivals resembling Circle’s EURC.

IG Resolves Shopper Login Disruption

IG shoppers reported login failures throughout its net
and cellular buying and selling platforms shortly earlier than and across the US market open.
Customers within the UK, Eire, Singapore and Australia mentioned they had been unable to
entry their accounts, with some reporting issues throughout a number of browsers
and gadgets.

The dealer’s important web site remained out there, whereas
outage-monitoring websites and on-line discussions pointed to issues with account
entry. IG later confirmed that it had skilled a technical problem that
primarily affected shopper logins and mentioned the issue had been absolutely resolved.
The incident added to a sequence of latest platform disruptions throughout the
brokerage trade, together with reported entry issues at Interactive Brokers
and different companies.

RoboMarkets Settles CySEC CFD Case

CySEC reached a EUR 100,000 settlement with RoboMarkets
Ltd over attainable breaches of funding companies guidelines, together with
restrictions governing the advertising, distribution and sale of CFDs to retail
shoppers. The dealer has already paid the settlement, in response to the
regulator.

CySEC’s overview additionally lined organisational necessities, data
offered to shoppers and procedures for assessing whether or not funding merchandise
had been acceptable. The regulator didn’t disclose the particular practices or
incidents behind the attainable violations.

The settlement follows an earlier
CySEC intervention in 2023, when RoboMarkets was ordered to cease providing
non-monetary rewards, together with race tickets and branded merchandise, to retail
CFD shoppers.

FXDD’s Malta Entity Surrenders Licence

Malta’s monetary regulator accepted Triton Capital Markets
Ltd.’s voluntary
give up of its funding companies licence, ending the previous FXDD Malta
dealer’s authorisation after 16 years. The Malta Monetary Companies Authority
mentioned the withdrawal was not the results of regulatory motion.

Triton had used
the licence to supply funding companies throughout the European Financial Space
below MiFID passporting guidelines, a route now closed to the Maltese entity. The
firm ceased to be licensed on August 25.

The event doesn’t decide
the regulatory standing of separate authorized entities utilizing the FXDD model exterior
Malta. Belgium had already recorded the top of Triton’s freedom to supply
funding companies there in March.

ASIC Prepares Assessment of CFD Guidelines

Sarah Court docket, Supply: LinkedIn

Australia’s monetary regulator mentioned it
will seek the advice of within the fourth quarter on proposals to amend and prolong its CFD
product intervention order earlier than the present guidelines expire on Could 23, 2027.
The order applies to Australian monetary companies licensees issuing CFDs to
retail shoppers and at present caps leverage at 30:1 for main international trade
pairs and a pair of:1 for crypto CFDs.

It additionally requires margin close-out and destructive
stability protections, standardised threat warnings and restrictions on sure
inducements. ASIC ‘s timetable locations the session after an preliminary overview,
with ministerial approval deliberate for the primary quarter of 2027. The regulator
has not but specified which provisions might change.

ASIC Requires AI Assault Planning

ASIC and APRA referred to as on monetary companies to ascertain
decision-making authority and restoration priorities earlier than an AI-enabled
cyberattack or different main incident happens. The steerage adopted 9
roundtables involving greater than 600 members from over 380 entities.

Simone Fixed, the ASIC Commissioner

Regulators mentioned boards ought to determine upfront who can escalate an incident,
order a shutdown, set restoration priorities and approve disaster communications.
The difficulty extends to retail buying and selling companies, the place shopper entry, funds and
buying and selling platforms could all require prioritisation throughout a disruption.

Companies
had been additionally urged to map vital property, limit privileged entry, patch
vulnerabilities and check backups. ASIC mentioned cyber resilience is a licensing
obligation somewhat than merely an IT problem.

Dukascopy Revenue Falls Regardless of Deposit Progress

Dukascopy Financial institution reported a
58% fall in consolidated first-half revenue to CHF 1.38 million, as weaker
buying and selling and internet curiosity revenue outweighed stronger fee revenue. The
buying and selling consequence, the group’s largest revenue line, fell 25% to CHF 8.77 million,
whereas internet curiosity revenue declined 33%. Internet fee revenue rose 37% to CHF
2.33 million.

Mixed revenue from the three core strains fell 18%, whereas
working bills had been broadly steady. On the identical time, buyer deposits
elevated 25% from the top of December to CHF 239.29 million, and complete
consolidated property rose 19% to CHF 309.50 million. The interim assertion
offered no steerage for the second half.

Plus500 Begins One other $100 Million Buyback

Plus500 started a
USD 100 million share buyback, its second repurchase programme of that measurement
in 2026. The London-listed dealer is authorised to buy as much as 5.76 million
shares below an authority accepted at its Could annual common assembly.

The
buyback varieties a part of the USD 182.5 million shareholder return introduced with
the corporate’s first-half outcomes, with the remaining USD 82.5 million allotted
to dividends. The programme combines a USD 35.3 million interim buyback with a
USD 64.7 million particular buyback and will proceed into 2027.

Plus500 mentioned
repeated repurchases have diminished its weighted common share depend,
contributing to a 6% year-on-year enhance in first-half earnings per share.

Prop Buying and selling Splits Between Two Fashions

Prop buying and selling continued to indicate a
widening divide between giant institutional market makers and retail-funded
buying and selling companies. On the institutional finish, non-bank buying and selling companies
generated an estimated USD 114 billion in income in 2025, whereas Jane Avenue
reported greater than USD 40 billion in internet buying and selling income over the earlier 12
months.

Giant companies are increasing past high-frequency equities and investing
closely in AI, information and computing infrastructure. In retail prop buying and selling,
consolidation has coincided with rising demand and a shift in direction of
futures-based evaluations.

One trade survey discovered {that a} USD 100,000 futures
analysis averaged about USD 193, in contrast with USD 419 for a comparable CFD
analysis, reflecting altering economics and aggressive pressures.



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