Shares Plunge As Chancellor Accepts FOBT Limit

UK bookmakers’ share prices tumbled this morning after it was reported that the government is set to accept recommendations for a new £2 (€2.29/$2.79) stake limit on fixed-odds betting terminals (FOBTs). Las...

UKGC Makes Recommendations For FOBT Review

The UK Gambling Commission (UKGC) has today (Monday) published a list of recommendations to support the government with its review of fixed-odd betting terminals (FOBTs). The national regulatory body said at...

Global Cryptocurrency Regulation Update

As the cryptocurrency industry spreads across the globe and grows in popularity, governments are forced to take notice. Their responses continue to vary. India Last week, the Reserve Bank of India release...

Andrew Edwards Appointed CEO of Saxo Capital Markets UK

Saxo Capital Markets UK didn’t take a lot of time to find its new CEO. The company has just announced that it is appointing the former chief executive of ETX Capital, Andrew Edwards, into the leadership posit...

UK FCA May Weigh Regulation of Cryptocurrency ICOs

Echoing the recent sentiments of other major financial regulators, the UK’s Financial Conduct Authority (FCA) said on Wednesday that it is “keeping a close eye on Initial Coin Offerings (ICOs)” and has expres...

HSBC Commercial Banking UK Unit Hires Two New Executives

HSBC Commercial Banking, a United Kingdom-based division of HSBC Holdings Plc, has announced the two new senior executives who are joining the company. The newly appointed managing team members are Jane Galvi...

Admiral Markets UK CEO Iain Rogers Moves to Pepperstone

Iain Rogers has stepped down from his role as Admiral Markets UK CEO, to be appointed as a director at Pepperstone, the FCA licensed Australian forex broker, FortuneZ has learned. According to information mad...

IG Group Renames Binary Options Product ‘Digital 100s’

Leading UK brokerage IG Group has renamed the binary options product on its website. The company is now using a new name for the same type of all-or-nothing binary outcome contracts. The company calls the con...