Revolut quietly rolled out contracts for distinction (CFD) buying and selling to “energetic merchants” in 29 nations, together with a number of throughout Europe. This follows an earlier pilot in simply three EU markets — the Czech Republic, Denmark and Greece — and comes on the heels of the fintech big securing a full UK banking license.
Singapore Summit: Meet the biggest APAC brokers you already know (and people you continue to do not!)
Finance Magnates verified that European customers can now discover CFDs contained in the Revolut app beneath the Funding tab, alongside the corporate’s separate CFD-focused platform, Revolut Make investments. In Europe, these merchandise are supplied through Revolut’s Lithuanian entity, which operates beneath a MiFID II license, giving the agency a regulatory framework to market leveraged CFD merchandise throughout a number of EU jurisdictions.
Revolut’s newest numbers look sturdy. The fintech big stated it made a pretax revenue of £1.7 billion final yr, a 57% bounce from £1.09 billion the yr earlier than. It credit the efficiency to including extra prospects and incomes cash from a wider mixture of merchandise. Income climbed to £4.5 billion ($6 billion), up 46% from £3.1 billion in 2024 and above the £4.2 billion common forecast from Bloomberg analysts.
BlackBull kicks off IPO roadshow
Within the CFD area, corporations are eying avenues for development. Auckland-based BlackBull Markets is contemplating a twin itemizing on each the Australian Securities Change (ASX) and the New Zealand Inventory Change (NZX). In response to the Australian Monetary Overview, the corporate has appointed Barrenjoey Capital Companions, UBS, and Forsyth Barr to prepare a non-deal roadshow.
|
KPI |
2024 |
2025 |
YoY Change |
|
Income |
£3.1bn |
£4.5bn |
+46% |
|
Revenue Earlier than Tax |
£1.1bn |
£1.7bn |
+57% |
|
Internet Revenue |
£0.8bn |
£1.3bn |
+63% |
|
Retail Clients |
52.5M |
68.3M |
+30% |
|
Mortgage E book |
£1.0bn |
£2.2bn |
+120 |
The transfer comes after firm founders introduced to traders in Sydney this week, sources on the assembly stated. In its investor presentation, BlackBull reported income of NZ$108 million (about A$90 million) over the previous yr, with EBITDA of NZ$55 million and web revenue of NZ$38 million. The corporate’s supplies additionally indicated an EBITDA margin above 50%, underscoring its sturdy profitability.
Capital.com eyes MAS License
Capital.com is increasing, with plans to acquire licenses throughout a number of jurisdiction. It marketed for a senior Threat Supervisor function in Singapore. The dealer additionally famous that’s in search of a
South African license in December and is exploring extra licenses in
a number of different markets.
Souce: LinkedIn
Early this yr, Capital.com entered the African market after securing a license from Kenya’s regulator, permitting it to function as a neighborhood Dealing On-line Overseas Change Dealer and provide on-line foreign exchange
Foreign exchange
Overseas trade or foreign exchange is the act of changing one nation’s forex into one other nation’s forex (that possesses a special forex); for instance, the changing of British Kilos into US {Dollars}, and vice versa. The trade of currencies will be performed over a bodily counter, akin to at a Bureau de Change, or over the web through dealer platforms, the place forex hypothesis takes place, often called foreign currency trading.The overseas trade market, by its very nature, is the world’s largest tradi
Overseas trade or foreign exchange is the act of changing one nation’s forex into one other nation’s forex (that possesses a special forex); for instance, the changing of British Kilos into US {Dollars}, and vice versa. The trade of currencies will be performed over a bodily counter, akin to at a Bureau de Change, or over the web through dealer platforms, the place forex hypothesis takes place, often called foreign currency trading.The overseas trade market, by its very nature, is the world’s largest tradi
Learn this Time period and buying and selling providers to shoppers within the nation.
How Singapore’s VCC attracts European cash
Elsewhere, Singapore is strengthening its place as Asia’s main fund domicile by selling an onshore various to conventional offshore fund constructions for managers and traders. A key a part of this effort is the variable capital firm (VCC), its predominant versatile company construction for funding funds.
Launched in January 2020, the VCC is regulated by each the Accounting and Company Regulatory Authority and the Financial Authority of Singapore. It may be used for open-ended or closed-ended funds and affords versatile share issuance and redemption, in addition to capital-based dividends.
XTB sells inactive South Africa unit
Not everyone seems to be increasing. XTB agreed to promote its South African subsidiary for 645,000 {dollars}, ending an eight‑yr effort to enter the African market that by no means correctly began. The dealer stated in its 2025 annual report that it signed a conditional deal on 17 February 2026 to promote 100% of XTB Africa PTY Ltd. to an unnamed purchaser, and that the sale nonetheless wants approval from South Africa’s Monetary Sector Conduct Authority.
The report explains that the South African firm acquired its FSCA licence in August 2021 however by no means started serving shoppers. XTB stated it’s promoting the unit as a result of it “didn’t begin operational actions” and didn’t give any additional causes.
AETOS homeowners exit CFD enterprise with Aussie sale
On the identical time, the homeowners of AETOS offered their final remaining Australian operation to Dynamic Fintech Options, an Australian fintech agency, finishing their exit from the CFDs enterprise. Till the sale, the AETOS Australia unit was largely managed by Chinese language on-line entrepreneur Yongqiang Lu, however the brand new proprietor has now taken full management of its operations and property.
The events didn’t disclose the monetary particulars of the deal. Nonetheless, the sale contains AETOS AU’s company entity, its Australian Monetary Companies (AFS) licence, and all associated monetary providers and operational actions run beneath that entity.
Prediction markets increase as belief push continues
Within the prediction markets, the business has had a tough spell lately. Probably the most disturbing episodes concerned reviews of merchants putting large bets on the timing of a potential nuclear strike linked to the battle between the US and Iran, which badly broken the sector’s picture. In response, platforms have rolled out totally different steps to rebuild belief and present they aren’t turning a blind eye to abuse.
Tradermayne: Polymarket Simply Partnered With Palantir And It Is A Huge Deal.
“This can be a huge partnership right here between Polymarket between Palantir. Clearly, the transfer in the direction of extra rules. They’re gonna be working with Palantir’s capability to detect knowledge integrity utilizing… pic.twitter.com/9BVp6VUzEY
— The Order E book (@OrderBookShow) March 17, 2026
As beforehand reported by Finance Magnates, they’re making an attempt to show that customers can not revenue from insider data, whether or not it comes from navy circles or informal locker-room chatter.
IG eyes prediction markets
In the meantime, IG Group is actively exploring prediction markets. In the course of the latest earnings name, CEO Breon Corcoran stated the corporate has mentioned them earlier than and described prediction markets as basically a brand new label for what was once binary choices in Europe or merchandise on European betting exchanges. He added that IG already has functionality and mental property on this space however has not but launched a product.
The group can be utilizing this work to sharpen its concentrate on crypto as a part of a broader push to diversify income. IG’s Chief Monetary Officer, Clifford Abrahams, famous on the decision that whereas crypto income continues to be at an early stage, crypto buying and selling introduced in round 4 p.c of group web buying and selling income in 2025.
US invoice on sports activities prediction contracts clouds brokers
Regardless of the prediction markets increase, rules are tightening. A bunch of U.S. senators has launched a invoice that might bar federally regulated prediction markets from providing contracts tied to sports activities occasions, in response to the Wall Avenue Journal. The transfer has raised new questions on how these sports-related contracts ought to be overseen and which regulators ought to be in cost.
The invoice is co-sponsored by Senators Adam Schiff, a Democrat from California, and John Curtis, a Republican from Utah. It will change the regulation in order that sports-related contracts are now not beneath the authority of the Commodity Futures Buying and selling Fee, shifting them as an alternative to state-level oversight.
IGA assertion: The Indian Gaming Affiliation welcomes the introduction of the “Prediction Markets Are Playing Act” @RWW pic.twitter.com/IBKM0rHYiI
— Suswati Basu (@suswatibasu) March 23, 2026
Elsewhere, the newest transfer is the Indian Gaming Affiliation’s help for a bipartisan Senate invoice that might bar federally regulated platforms from providing contracts linked to sporting occasions and casino-style outcomes.
What prop corporations should do to outlive 2026
Between 80 and 100 prop buying and selling corporations shut down in 2024, and
that shake-out continued into 2025. Out of 376 prop corporations tracked in a single
business database, 84 have been now not energetic and one other 30 confirmed no indicators of
operation, implying that roughly a 3rd of the market disappeared in lower than
two years.
The prop buying and selling enterprise has moved past its early “gold
rush” section right into a extra mature stage the place development calls for a full technique
reasonably than fast wins. Corporations can now not depend on merely choosing the most affordable
promoting channels or low cost-per-acquisition markets and as an alternative want far
extra groundwork throughout compliance
Compliance
In finance, banking, investing, and insurance coverage compliance refers to following the principles or orders set down by the federal government regulatory authority, both as offering a service or processing a transaction. Compliance regarding finance would even be a state of being following established pointers or specs. This designation also can embody efforts to make sure that organizations are abiding by each business rules and authorities laws. Understanding ComplianceCompliance is a
In finance, banking, investing, and insurance coverage compliance refers to following the principles or orders set down by the federal government regulatory authority, both as offering a service or processing a transaction. Compliance regarding finance would even be a state of being following established pointers or specs. This designation also can embody efforts to make sure that organizations are abiding by each business rules and authorities laws. Understanding ComplianceCompliance is a
Learn this Time period, funds, advertising, and operations to develop
sustainably.
Retail needs oil perps however crypto venues are behind
A pointy oil rally in latest weeks has proven that main crypto exchanges are gradual to launch new derivatives, in response to TradingView Chief Progress Officer Rauan Khassan. He famous that just a few of the highest‑10 crypto venues supplied oil perpetuals whilst costs have been surging.
Because of this, newer platforms have been faster to react. Khassan identified that venues akin to Polymarket and Hyperliquid moved first to listing oil‑linked perpetual merchandise.
Retail cools on AI shares as gold soars
Retail traders have gotten extra cautious about AI shares and the so‑referred to as Magnificent 7 tech names, whereas rising their holdings in commodities to the very best degree in nearly three years, in response to a quarterly survey by eToro. The ballot lined 11,000 retail traders in 13 nations and was carried out between February 12 and 27.
Within the newest outcomes, 43% of respondents stated they count on AI‑associated shares to rise in 2026, down from 52% within the earlier quarter. The share who assume the Magnificent 7 will outperform the broader market additionally fell, to 40% from 47% within the prior survey.
Revolut quietly rolled out contracts for distinction (CFD) buying and selling to “energetic merchants” in 29 nations, together with a number of throughout Europe. This follows an earlier pilot in simply three EU markets — the Czech Republic, Denmark and Greece — and comes on the heels of the fintech big securing a full UK banking license.
Singapore Summit: Meet the biggest APAC brokers you already know (and people you continue to do not!)
Finance Magnates verified that European customers can now discover CFDs contained in the Revolut app beneath the Funding tab, alongside the corporate’s separate CFD-focused platform, Revolut Make investments. In Europe, these merchandise are supplied through Revolut’s Lithuanian entity, which operates beneath a MiFID II license, giving the agency a regulatory framework to market leveraged CFD merchandise throughout a number of EU jurisdictions.
Revolut’s newest numbers look sturdy. The fintech big stated it made a pretax revenue of £1.7 billion final yr, a 57% bounce from £1.09 billion the yr earlier than. It credit the efficiency to including extra prospects and incomes cash from a wider mixture of merchandise. Income climbed to £4.5 billion ($6 billion), up 46% from £3.1 billion in 2024 and above the £4.2 billion common forecast from Bloomberg analysts.
BlackBull kicks off IPO roadshow
Within the CFD area, corporations are eying avenues for development. Auckland-based BlackBull Markets is contemplating a twin itemizing on each the Australian Securities Change (ASX) and the New Zealand Inventory Change (NZX). In response to the Australian Monetary Overview, the corporate has appointed Barrenjoey Capital Companions, UBS, and Forsyth Barr to prepare a non-deal roadshow.
|
KPI |
2024 |
2025 |
YoY Change |
|
Income |
£3.1bn |
£4.5bn |
+46% |
|
Revenue Earlier than Tax |
£1.1bn |
£1.7bn |
+57% |
|
Internet Revenue |
£0.8bn |
£1.3bn |
+63% |
|
Retail Clients |
52.5M |
68.3M |
+30% |
|
Mortgage E book |
£1.0bn |
£2.2bn |
+120 |
The transfer comes after firm founders introduced to traders in Sydney this week, sources on the assembly stated. In its investor presentation, BlackBull reported income of NZ$108 million (about A$90 million) over the previous yr, with EBITDA of NZ$55 million and web revenue of NZ$38 million. The corporate’s supplies additionally indicated an EBITDA margin above 50%, underscoring its sturdy profitability.
Capital.com eyes MAS License
Capital.com is increasing, with plans to acquire licenses throughout a number of jurisdiction. It marketed for a senior Threat Supervisor function in Singapore. The dealer additionally famous that’s in search of a
South African license in December and is exploring extra licenses in
a number of different markets.
Souce: LinkedIn
Early this yr, Capital.com entered the African market after securing a license from Kenya’s regulator, permitting it to function as a neighborhood Dealing On-line Overseas Change Dealer and provide on-line foreign exchange
Foreign exchange
Overseas trade or foreign exchange is the act of changing one nation’s forex into one other nation’s forex (that possesses a special forex); for instance, the changing of British Kilos into US {Dollars}, and vice versa. The trade of currencies will be performed over a bodily counter, akin to at a Bureau de Change, or over the web through dealer platforms, the place forex hypothesis takes place, often called foreign currency trading.The overseas trade market, by its very nature, is the world’s largest tradi
Overseas trade or foreign exchange is the act of changing one nation’s forex into one other nation’s forex (that possesses a special forex); for instance, the changing of British Kilos into US {Dollars}, and vice versa. The trade of currencies will be performed over a bodily counter, akin to at a Bureau de Change, or over the web through dealer platforms, the place forex hypothesis takes place, often called foreign currency trading.The overseas trade market, by its very nature, is the world’s largest tradi
Learn this Time period and buying and selling providers to shoppers within the nation.
How Singapore’s VCC attracts European cash
Elsewhere, Singapore is strengthening its place as Asia’s main fund domicile by selling an onshore various to conventional offshore fund constructions for managers and traders. A key a part of this effort is the variable capital firm (VCC), its predominant versatile company construction for funding funds.
Launched in January 2020, the VCC is regulated by each the Accounting and Company Regulatory Authority and the Financial Authority of Singapore. It may be used for open-ended or closed-ended funds and affords versatile share issuance and redemption, in addition to capital-based dividends.
XTB sells inactive South Africa unit
Not everyone seems to be increasing. XTB agreed to promote its South African subsidiary for 645,000 {dollars}, ending an eight‑yr effort to enter the African market that by no means correctly began. The dealer stated in its 2025 annual report that it signed a conditional deal on 17 February 2026 to promote 100% of XTB Africa PTY Ltd. to an unnamed purchaser, and that the sale nonetheless wants approval from South Africa’s Monetary Sector Conduct Authority.
The report explains that the South African firm acquired its FSCA licence in August 2021 however by no means started serving shoppers. XTB stated it’s promoting the unit as a result of it “didn’t begin operational actions” and didn’t give any additional causes.
AETOS homeowners exit CFD enterprise with Aussie sale
On the identical time, the homeowners of AETOS offered their final remaining Australian operation to Dynamic Fintech Options, an Australian fintech agency, finishing their exit from the CFDs enterprise. Till the sale, the AETOS Australia unit was largely managed by Chinese language on-line entrepreneur Yongqiang Lu, however the brand new proprietor has now taken full management of its operations and property.
The events didn’t disclose the monetary particulars of the deal. Nonetheless, the sale contains AETOS AU’s company entity, its Australian Monetary Companies (AFS) licence, and all associated monetary providers and operational actions run beneath that entity.
Prediction markets increase as belief push continues
Within the prediction markets, the business has had a tough spell lately. Probably the most disturbing episodes concerned reviews of merchants putting large bets on the timing of a potential nuclear strike linked to the battle between the US and Iran, which badly broken the sector’s picture. In response, platforms have rolled out totally different steps to rebuild belief and present they aren’t turning a blind eye to abuse.
Tradermayne: Polymarket Simply Partnered With Palantir And It Is A Huge Deal.
“This can be a huge partnership right here between Polymarket between Palantir. Clearly, the transfer in the direction of extra rules. They’re gonna be working with Palantir’s capability to detect knowledge integrity utilizing… pic.twitter.com/9BVp6VUzEY
— The Order E book (@OrderBookShow) March 17, 2026
As beforehand reported by Finance Magnates, they’re making an attempt to show that customers can not revenue from insider data, whether or not it comes from navy circles or informal locker-room chatter.
IG eyes prediction markets
In the meantime, IG Group is actively exploring prediction markets. In the course of the latest earnings name, CEO Breon Corcoran stated the corporate has mentioned them earlier than and described prediction markets as basically a brand new label for what was once binary choices in Europe or merchandise on European betting exchanges. He added that IG already has functionality and mental property on this space however has not but launched a product.
The group can be utilizing this work to sharpen its concentrate on crypto as a part of a broader push to diversify income. IG’s Chief Monetary Officer, Clifford Abrahams, famous on the decision that whereas crypto income continues to be at an early stage, crypto buying and selling introduced in round 4 p.c of group web buying and selling income in 2025.
US invoice on sports activities prediction contracts clouds brokers
Regardless of the prediction markets increase, rules are tightening. A bunch of U.S. senators has launched a invoice that might bar federally regulated prediction markets from providing contracts tied to sports activities occasions, in response to the Wall Avenue Journal. The transfer has raised new questions on how these sports-related contracts ought to be overseen and which regulators ought to be in cost.
The invoice is co-sponsored by Senators Adam Schiff, a Democrat from California, and John Curtis, a Republican from Utah. It will change the regulation in order that sports-related contracts are now not beneath the authority of the Commodity Futures Buying and selling Fee, shifting them as an alternative to state-level oversight.
IGA assertion: The Indian Gaming Affiliation welcomes the introduction of the “Prediction Markets Are Playing Act” @RWW pic.twitter.com/IBKM0rHYiI
— Suswati Basu (@suswatibasu) March 23, 2026
Elsewhere, the newest transfer is the Indian Gaming Affiliation’s help for a bipartisan Senate invoice that might bar federally regulated platforms from providing contracts linked to sporting occasions and casino-style outcomes.
What prop corporations should do to outlive 2026
Between 80 and 100 prop buying and selling corporations shut down in 2024, and
that shake-out continued into 2025. Out of 376 prop corporations tracked in a single
business database, 84 have been now not energetic and one other 30 confirmed no indicators of
operation, implying that roughly a 3rd of the market disappeared in lower than
two years.
The prop buying and selling enterprise has moved past its early “gold
rush” section right into a extra mature stage the place development calls for a full technique
reasonably than fast wins. Corporations can now not depend on merely choosing the most affordable
promoting channels or low cost-per-acquisition markets and as an alternative want far
extra groundwork throughout compliance
Compliance
In finance, banking, investing, and insurance coverage compliance refers to following the principles or orders set down by the federal government regulatory authority, both as offering a service or processing a transaction. Compliance regarding finance would even be a state of being following established pointers or specs. This designation also can embody efforts to make sure that organizations are abiding by each business rules and authorities laws. Understanding ComplianceCompliance is a
In finance, banking, investing, and insurance coverage compliance refers to following the principles or orders set down by the federal government regulatory authority, both as offering a service or processing a transaction. Compliance regarding finance would even be a state of being following established pointers or specs. This designation also can embody efforts to make sure that organizations are abiding by each business rules and authorities laws. Understanding ComplianceCompliance is a
Learn this Time period, funds, advertising, and operations to develop
sustainably.
Retail needs oil perps however crypto venues are behind
A pointy oil rally in latest weeks has proven that main crypto exchanges are gradual to launch new derivatives, in response to TradingView Chief Progress Officer Rauan Khassan. He famous that just a few of the highest‑10 crypto venues supplied oil perpetuals whilst costs have been surging.
Because of this, newer platforms have been faster to react. Khassan identified that venues akin to Polymarket and Hyperliquid moved first to listing oil‑linked perpetual merchandise.
Retail cools on AI shares as gold soars
Retail traders have gotten extra cautious about AI shares and the so‑referred to as Magnificent 7 tech names, whereas rising their holdings in commodities to the very best degree in nearly three years, in response to a quarterly survey by eToro. The ballot lined 11,000 retail traders in 13 nations and was carried out between February 12 and 27.
Within the newest outcomes, 43% of respondents stated they count on AI‑associated shares to rise in 2026, down from 52% within the earlier quarter. The share who assume the Magnificent 7 will outperform the broader market additionally fell, to 40% from 47% within the prior survey.