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FX week in review: eToro shares low, Yuh CEO, B2PRIME Retail launch, Robinhood entertainment betting, Admirals drops UAE license

Story Center by Story Center
November 9, 2025
Reading Time: 5 mins read
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FX week in review: eToro shares low, Yuh CEO, B2PRIME Retail launch, Robinhood entertainment betting, Admirals drops UAE license

What’s going on at eToro, which has seen its share drop to a post IPO low?

How is B2PRIME going about the launch of its new retail brokerage arm, aptly called B2PRIME Retail?

Which Swissquote executive was named as the new CEO of its finance app unit Yuh?

What is Robinhood adding to its Event Contracts offering?

Which senior hires in Dubai were made by Traze, and ThinkMarkets?

Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:


Top FX and CFDs industry news stories this week

eToro shares fall to post IPO low ahead of Q3 results release. The market is not exactly bullish on eToro (NASDAQ:ETOR). Shares of the Israel based online trading firm fell by just over 1% on Friday, closing at their lowest level since eToro went public at $52 a share back in May. After hitting an intraday low of $36.20, eToro shares rebounded somewhat to close Friday at $37.06 – down 1.1% on the day, down 10% for the month of October, and down 29% since the May IPO.

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B2PRIME launches offshore CFDs brokerage for retail clients, adding cTrader. Institutional broker and multi-asset liquidity provider B2PRIME has announced that it is launching B2PRIME Retail, a new standalone business line that brings the Group’s institutional-grade technology and execution available to eligible retail clients. The aim is to deliver professional grade execution, transparent pricing, and a high-quality client experience to a broader audience.

Robinhood posts record Revenues of $1.27 billion in Q3 2025, names new CFO. US neobroker Robinhood Markets Inc (NASDAQ:HOOD) has released its much anticipated results for the third quarter of 2025, showing record Revenues alongside continued improved profitability. There was one management surprise included with the results release, as well regarded CFO Jason Warnick announced his intention to retire.

United Fintech acquires Trade Ledger to advance AI innovation in banking. Christian Frahm’s brokertech and banktech holding company United Fintech has made yet another addition, announcing the acquisition of London and Sydney based Trade Ledger, a pioneering technology company behind an AI-powered solution that automates commercial and business lending. Trade Ledger brings to United Fintech a strong customer base that includes Barclays and Bank of Queensland, along with proven expertise in data-driven lending and commercial banking automation.

Admirals Group AS announces cancellation of Financial Services Permission for Admirals MENA Limited (UAE). Admirals Group AS today announced that its second-level subsidiary, Admirals MENA Limited (United Arab Emirates), has applied to the Financial Services Regulatory Authority (FSRA) to cancel its Financial Services Permission (FSP) related to the regulated activity of Dealing in Investments as Principal. Following this application, the FSRA has approved the cancellation of the FSP, effective 4 November 2025.

Robinhood expands Entertainment betting: Grammys, Oscars, TIME Person of the Year… Following the recent addition of a variety of both Sports and Politics related event contracts, which allow its clients to essentially bet on the outcome of sports games and election races, FNG has learned that US neobroker Robinhood (NASDAQ:HOOD) is expanding its list of Entertainment event contracts within its Prediction Markets offering.

Top FX industry executive moves this week

Jan De Schepper

❑ Swissquote appoints Jan De Schepper as new CEO of finance app Yuh.

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❑ Offshore CFDs broker SGT Markets hires Andrew Gibson for BizDev/Liquidity role.

❑ Exclusive: FXPrimus CMO Michael Margaritis departs.

❑ ATFX hires Line Ho Young Peteri to head Strategic Partnerships and Affiliates.

❑ Traze hires longtime ICM exec Wassim Anastasiou as Regional Director MENA.

❑ ThinkMarkets hires Josh Fieldhouse as Head of Partnerships.

❑ Exclusive: IG Group Financial Planning head Wendy Falconer moves to LSEG.

❑ Exclusive: IG Group Corporate Development head Mark Evans departs.

❑ CMC Markets appoints Stuart Manning as Non-Exec Director.

❑ Trading 212 adds former Commerzbank MD David Burns to its Board.

‘ The preceding article may include information circulated by third parties ’

‘ Some details of this article were extracted from the following source fxnewsgroup.com ’

Tags: featuredforex industry news
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