FX week in review: Valutrades capital raise, XTB founder sells, HYCM ownership change, FXOpen license cancelled

FX week in review: Valutrades capital raise, XTB founder sells, HYCM ownership change, FXOpen license cancelled

The FX and CFDs industry had a very busy news week as many folks returned from summer break, which saw more than one broker license yanked, several ownership changes, several new sports sponsorships launched, and quite a number of senior executive moves.

Why did Valutrades raise money from its controlling shareholders – for the third time in under 12 months?

How much money did XTB founder Jakub Zablocki net from cashing out a healthy chunk of XTB shares – his largest share sale to date?

Who bought full control of HYCM, less than a year after the company’s ownership changed in a management buyout?

What led ASIC to cancel the AFS license of FXOpen AU?

Which executive moves were seen at Capital.com (new COO), OneRoyal (new CMO), Finalto (new COO), Tickmill, Britannia Financial, and Markets.com, among others?

Some of the most read and commented-on FX/CFD industry news stories to appear over the…
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