Nigeria Proposes New CFD Guidelines; SVG Pauses Crypto Functions


Regulatory modifications, enterprise enlargement and product
diversification formed a busy week throughout retail buying and selling and fintech.
Regulators in Nigeria and Saint Vincent and the Grenadines launched measures
affecting leveraged merchandise and digital asset companies, whereas Deriv secured
a banking licence in SVG.

Elsewhere, brokers and prop corporations continued adapting to
altering dealer demand. AI automation, futures buying and selling and broader product
choices featured prominently, whereas prediction markets confronted questions over
retail participation and revenue focus. XTB’s founder additionally decreased his
stake once more, whereas Revolut moved nearer to establishing a US banking operation.

Nigeria’s Securities and Alternate Fee has proposed
its first devoted framework
for the international alternate and CFD business, tightening guidelines for retail
buying and selling. The framework bans binary choices and locations a 1:2 leverage cap on
crypto-related CFD merchandise.

It additionally targets social media advertising and marketing,
prohibiting promoters and executives from utilizing luxurious life to counsel wealth
was generated by means of retail buying and selling. The SEC’s measures kind a part of a broader
effort to strengthen oversight of leveraged merchandise and retail promotion.

The
new framework provides brokers and promoters clearer conduct necessities whereas
imposing tighter limits on merchandise considered as greater threat. It represents a
important regulatory step for Nigeria’s rising retail buying and selling market.

Saint Vincent Freezes New Digital Asset Functions

The Monetary Companies Authority of Saint Vincent and the
Grenadines has
suspended new functions for digital asset companies till additional
discover. The regulator stated the transfer will enable it to strengthen inside
capability whereas persevering with to course of and supervise the nation’s rising
digital asset sector.

Functions submitted earlier than September 1, 2026, will
proceed by means of the prevailing evaluate course of and are usually not affected by the
suspension. The FSA described the measure as precautionary and administrative,
with out linking it to enforcement motion towards present digital asset
companies. No date has been set for reopening functions.

The authority stated
it’s going to announce when submissions can resume, leaving potential candidates
unable to file new digital asset enterprise functions within the meantime.

Deriv Secures Banking Licence in SVG

Rakshit Choudhary, CEO of Deriv

Deriv has obtained
a banking licence from the Monetary Companies Authority of Saint Vincent and
the Grenadines, increasing the CFD dealer’s regulated presence within the
jurisdiction. Chief Govt Officer Rakshit Choudhary stated the licence kinds
a part of a broader effort to increase Deriv’s jurisdictional attain.

The licence
was granted to an entity separate from Deriv’s present offshore enterprise in
SVG. The banking standing is predicted to scale back the dealer’s reliance on third
events for deposits and withdrawals, giving it higher management over components of
its funds infrastructure.

The event follows Deriv’s earlier
utility for the licence and comes because the dealer continues increasing its
worldwide operations, together with a brand new workplace in Mauritius earlier this
12 months.

Deriv Targets 75% AI Workflow Automation

Deriv CEO Rakshit Choudhary has outlined how the dealer is utilizing
synthetic intelligence to automate giant components of its operations, with a
goal of automating 75% of handbook workflows by the top of 2026. Choudhary stated
client-facing functions at the moment are constructed utilizing AI and that the corporate has
moved automation into areas together with HR, finance, compliance, advertising and marketing,
product and engineering.

Deriv has introduced in additional than 100 AI engineers to
assist non-engineering employees use the know-how and runs weekly coaching
periods. Choudhary additionally stated the corporate is constructing an inside intelligence
system based mostly on its enterprise context and determination historical past. He described the
technique as centered on bettering effectivity whereas acknowledging AI’s affect on
jobs.

Mattus Urges CFD Brokers to Diversify

Tickmill co-founder Ingmar Mattus advised Finance Magnates that
CFD
brokers face growing stress from futures, prediction markets, tighter
regulation and a reluctance to diversify. He argued that established corporations threat
shedding relevance in the event that they focus too closely on higher-margin CFD merchandise whereas
merchants transfer in the direction of equities, ETFs, futures and different devices.

Mattus stated
brokers want to reply extra shortly to altering consumer demand, noting that
newer platforms can introduce merchandise far quicker than conventional corporations. He
additionally recognized threat administration and entry to banking companies as rising
challenges for brokerage companies.

By Andromeda Capital Companions, Mattus
has backed diversification tasks together with TradersYard and MetroTrade,
reflecting his view that brokers want broader choices to stay aggressive.

XTB Founder Sells One other $410 Million Stake

XTB co-founder Jakub Zabłocki has
offered one other 9.4 million shares within the Warsaw-listed dealer for
roughly $410 million, decreasing his stake to 27.78% from 35.78%. The
shares had been offered at 160 zlotys every by means of an accelerated bookbuilding
course of, representing an 8% low cost to XTB’s market worth on the time.

Motion of XTV shares in 2026 (Google Finance)

The
transaction was carried out by means of XX ZW Funding Group, a
Luxembourg-registered car majority owned by Zabłocki. It marks at the very least the
fifth discount in his holding since 2023. Regardless of the most recent sale, Zabłocki
stays XTB’s largest shareholder and continues to sit down on the corporate’s
supervisory board. The transaction follows a number of earlier disposals by the
dealer’s co-founder.

Brokers Shift Loyalty Methods Past Buying and selling Rewards

Retail brokers are more and more shifting past easy
rebates and trade-based rewards as they search for methods to retain shoppers in a
extra aggressive market. Money incentives can appeal to merchants, however brokers
are inserting higher emphasis on occasions, schooling, assist, insights, platform
high quality and broader consumer relationships.

The shift displays the excessive value of
buying new prospects, with corporations searching for loyalty programmes that
encourage longer-term engagement somewhat than merely growing buying and selling
exercise. Brokers are additionally utilizing community-based advantages and unique
experiences to strengthen their relationship with shoppers.

The strategy marks a
transfer away from the normal assumption that greater buying and selling frequency alone
is sufficient to construct loyalty, as corporations search to compete on the broader consumer
expertise.

FTMO Expands Into Futures With Beta Launch

FTMO
has launched a beta model of its futures prop buying and selling providing, increasing
the Prague-based agency past its established CFD-focused mannequin. FTMO Futures
requires merchants to finish an analysis earlier than shifting to a Sim-Funded
Account, with challenges providing as much as $450,000 in simulated capital.

From left: FTMO CEO Otakar Suffner and CTO Marek Vasicek at Finance Magnates London Summit

The beta
contains Development and Professional account buildings with totally different withdrawal guidelines. The
launch comes as a number of prop corporations broaden their product ranges and discover
futures as an alternative choice to CFDs. FTMO has additionally resumed companies for US-based
merchants, providing its US product by means of MetaTrader 5.

The agency beforehand
suspended US companies in 2024. Its return follows modifications throughout the prop
buying and selling sector and the broader adoption of other working fashions.

Prediction Markets Face Retail Revenue Focus
Questions

Prediction markets are going through rising questions over whether or not
their fast enlargement might create an uneven surroundings for retail
individuals. An evaluation printed by Finance Magnates highlighted information
exhibiting a big share of income on Polymarket being captured by a really small
group of accounts.

The focus raises questions on whether or not
well-capitalised or better-informed merchants might acquire a persistent benefit
as extra retail individuals enter the market. The difficulty goes past whether or not
prediction markets needs to be handled as playing or monetary markets.

Their
attraction has grown quickly amongst retail merchants, whereas platforms compete with
brokers and different venues for buying and selling exercise. The expertise of different markets
suggests extreme focus of income might ultimately undermine
participation if smaller merchants constantly lose.

Revolut Wins Conditional US Financial institution Constitution Approval

Revolut
has obtained conditional approval from the US Workplace of the Comptroller of
the Forex for a nationwide financial institution constitution, marking a step in the direction of establishing
its personal banking operation within the nation. The fintech had beforehand thought of
getting into US banking by means of an acquisition however modified course in January to
pursue a constitution straight.

Founder and CEO Nik Storonsky stated the corporate needs
to serve US prospects totally and straight with its broader vary of merchandise and
companies. The conditional approval doesn’t but enable Revolut to function as a
full nationwide financial institution.

The corporate should proceed working with the OCC, FDIC and
Federal Reserve to finish the necessities related to the constitution earlier than
it will possibly function below the brand new construction.

Regulatory modifications, enterprise enlargement and product
diversification formed a busy week throughout retail buying and selling and fintech.
Regulators in Nigeria and Saint Vincent and the Grenadines launched measures
affecting leveraged merchandise and digital asset companies, whereas Deriv secured
a banking licence in SVG.

Elsewhere, brokers and prop corporations continued adapting to
altering dealer demand. AI automation, futures buying and selling and broader product
choices featured prominently, whereas prediction markets confronted questions over
retail participation and revenue focus. XTB’s founder additionally decreased his
stake once more, whereas Revolut moved nearer to establishing a US banking operation.

Nigeria’s Securities and Alternate Fee has proposed
its first devoted framework
for the international alternate and CFD business, tightening guidelines for retail
buying and selling. The framework bans binary choices and locations a 1:2 leverage cap on
crypto-related CFD merchandise.

It additionally targets social media advertising and marketing,
prohibiting promoters and executives from utilizing luxurious life to counsel wealth
was generated by means of retail buying and selling. The SEC’s measures kind a part of a broader
effort to strengthen oversight of leveraged merchandise and retail promotion.

The
new framework provides brokers and promoters clearer conduct necessities whereas
imposing tighter limits on merchandise considered as greater threat. It represents a
important regulatory step for Nigeria’s rising retail buying and selling market.

Saint Vincent Freezes New Digital Asset Functions

The Monetary Companies Authority of Saint Vincent and the
Grenadines has
suspended new functions for digital asset companies till additional
discover. The regulator stated the transfer will enable it to strengthen inside
capability whereas persevering with to course of and supervise the nation’s rising
digital asset sector.

Functions submitted earlier than September 1, 2026, will
proceed by means of the prevailing evaluate course of and are usually not affected by the
suspension. The FSA described the measure as precautionary and administrative,
with out linking it to enforcement motion towards present digital asset
companies. No date has been set for reopening functions.

The authority stated
it’s going to announce when submissions can resume, leaving potential candidates
unable to file new digital asset enterprise functions within the meantime.

Deriv Secures Banking Licence in SVG

Rakshit Choudhary, CEO of Deriv

Deriv has obtained
a banking licence from the Monetary Companies Authority of Saint Vincent and
the Grenadines, increasing the CFD dealer’s regulated presence within the
jurisdiction. Chief Govt Officer Rakshit Choudhary stated the licence kinds
a part of a broader effort to increase Deriv’s jurisdictional attain.

The licence
was granted to an entity separate from Deriv’s present offshore enterprise in
SVG. The banking standing is predicted to scale back the dealer’s reliance on third
events for deposits and withdrawals, giving it higher management over components of
its funds infrastructure.

The event follows Deriv’s earlier
utility for the licence and comes because the dealer continues increasing its
worldwide operations, together with a brand new workplace in Mauritius earlier this
12 months.

Deriv Targets 75% AI Workflow Automation

Deriv CEO Rakshit Choudhary has outlined how the dealer is utilizing
synthetic intelligence to automate giant components of its operations, with a
goal of automating 75% of handbook workflows by the top of 2026. Choudhary stated
client-facing functions at the moment are constructed utilizing AI and that the corporate has
moved automation into areas together with HR, finance, compliance, advertising and marketing,
product and engineering.

Deriv has introduced in additional than 100 AI engineers to
assist non-engineering employees use the know-how and runs weekly coaching
periods. Choudhary additionally stated the corporate is constructing an inside intelligence
system based mostly on its enterprise context and determination historical past. He described the
technique as centered on bettering effectivity whereas acknowledging AI’s affect on
jobs.

Mattus Urges CFD Brokers to Diversify

Tickmill co-founder Ingmar Mattus advised Finance Magnates that
CFD
brokers face growing stress from futures, prediction markets, tighter
regulation and a reluctance to diversify. He argued that established corporations threat
shedding relevance in the event that they focus too closely on higher-margin CFD merchandise whereas
merchants transfer in the direction of equities, ETFs, futures and different devices.

Mattus stated
brokers want to reply extra shortly to altering consumer demand, noting that
newer platforms can introduce merchandise far quicker than conventional corporations. He
additionally recognized threat administration and entry to banking companies as rising
challenges for brokerage companies.

By Andromeda Capital Companions, Mattus
has backed diversification tasks together with TradersYard and MetroTrade,
reflecting his view that brokers want broader choices to stay aggressive.

XTB Founder Sells One other $410 Million Stake

XTB co-founder Jakub Zabłocki has
offered one other 9.4 million shares within the Warsaw-listed dealer for
roughly $410 million, decreasing his stake to 27.78% from 35.78%. The
shares had been offered at 160 zlotys every by means of an accelerated bookbuilding
course of, representing an 8% low cost to XTB’s market worth on the time.

Motion of XTV shares in 2026 (Google Finance)

The
transaction was carried out by means of XX ZW Funding Group, a
Luxembourg-registered car majority owned by Zabłocki. It marks at the very least the
fifth discount in his holding since 2023. Regardless of the most recent sale, Zabłocki
stays XTB’s largest shareholder and continues to sit down on the corporate’s
supervisory board. The transaction follows a number of earlier disposals by the
dealer’s co-founder.

Brokers Shift Loyalty Methods Past Buying and selling Rewards

Retail brokers are more and more shifting past easy
rebates and trade-based rewards as they search for methods to retain shoppers in a
extra aggressive market. Money incentives can appeal to merchants, however brokers
are inserting higher emphasis on occasions, schooling, assist, insights, platform
high quality and broader consumer relationships.

The shift displays the excessive value of
buying new prospects, with corporations searching for loyalty programmes that
encourage longer-term engagement somewhat than merely growing buying and selling
exercise. Brokers are additionally utilizing community-based advantages and unique
experiences to strengthen their relationship with shoppers.

The strategy marks a
transfer away from the normal assumption that greater buying and selling frequency alone
is sufficient to construct loyalty, as corporations search to compete on the broader consumer
expertise.

FTMO Expands Into Futures With Beta Launch

FTMO
has launched a beta model of its futures prop buying and selling providing, increasing
the Prague-based agency past its established CFD-focused mannequin. FTMO Futures
requires merchants to finish an analysis earlier than shifting to a Sim-Funded
Account, with challenges providing as much as $450,000 in simulated capital.

From left: FTMO CEO Otakar Suffner and CTO Marek Vasicek at Finance Magnates London Summit

The beta
contains Development and Professional account buildings with totally different withdrawal guidelines. The
launch comes as a number of prop corporations broaden their product ranges and discover
futures as an alternative choice to CFDs. FTMO has additionally resumed companies for US-based
merchants, providing its US product by means of MetaTrader 5.

The agency beforehand
suspended US companies in 2024. Its return follows modifications throughout the prop
buying and selling sector and the broader adoption of other working fashions.

Prediction Markets Face Retail Revenue Focus
Questions

Prediction markets are going through rising questions over whether or not
their fast enlargement might create an uneven surroundings for retail
individuals. An evaluation printed by Finance Magnates highlighted information
exhibiting a big share of income on Polymarket being captured by a really small
group of accounts.

The focus raises questions on whether or not
well-capitalised or better-informed merchants might acquire a persistent benefit
as extra retail individuals enter the market. The difficulty goes past whether or not
prediction markets needs to be handled as playing or monetary markets.

Their
attraction has grown quickly amongst retail merchants, whereas platforms compete with
brokers and different venues for buying and selling exercise. The expertise of different markets
suggests extreme focus of income might ultimately undermine
participation if smaller merchants constantly lose.

Revolut Wins Conditional US Financial institution Constitution Approval

Revolut
has obtained conditional approval from the US Workplace of the Comptroller of
the Forex for a nationwide financial institution constitution, marking a step in the direction of establishing
its personal banking operation within the nation. The fintech had beforehand thought of
getting into US banking by means of an acquisition however modified course in January to
pursue a constitution straight.

Founder and CEO Nik Storonsky stated the corporate needs
to serve US prospects totally and straight with its broader vary of merchandise and
companies. The conditional approval doesn’t but enable Revolut to function as a
full nationwide financial institution.

The corporate should proceed working with the OCC, FDIC and
Federal Reserve to finish the necessities related to the constitution earlier than
it will possibly function below the brand new construction.





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