TenTrade has appointed Wilfred Obasi as its Regional Director for Africa, adding an experienced African financial services executive to its leadership team as the company strengthens its regional operations. Obasi takes over TenTrade’s commercial operations in Africa from Victor Ufot and will oversee the company’s regional commercial strategy, including partnership development, business development, market expansion
XM has launched GOLD24 7, a new gold trading instrument that extends access to gold markets across all seven days of the week, including weekends. The product, introduced through XM’s UAE entity, comes as financial markets increasingly move towards extended trading hours, with market participants seeking greater flexibility to respond to economic and geopolitical developments
XTB is taking its financial education push into football after signing a three season partnership with French football club Olympique Lyonnais, a deal that will see the investment platform combine global sports visibility with efforts to make investing more accessible to a wider audience. The partnership, which runs through 2029, will see XTB’s branding appear
Oil price volatility never remains restricted to just the energy sector. Volatile moves in the price of either WTI or Brent can very soon impact inflation forecasts, central bank policies, currency values, indices, and overall risk sentiments. In this way, Africa traders can have many more opportunities to trade in oil CFDs, in addition to
The volatility in the US100 and S&P 500 indexes CFD is seldom limited to the equity market alone. Large movements in US indexes frequently impact the forex market, gold prices, and overall market sentiment. This may be useful information for CFD traders to consider when trading more than one instrument. The US100 index may be
In the past, traders in the Forex market used to pay most of their attention to the activities of central banks, economic data, and politics. Although these three elements remain important, more and more traders start paying attention to yet another element – government bond yields. During 2026, the movement of bonds in the financial
SpaceX’s record-breaking Nasdaq debut has triggered a scramble among forex and CFD brokers to offer the stock to retail clients — giving traders outside the US a fast route into one of the biggest IPOs in history, without needing a US brokerage account. SpaceX priced its IPO at $135 a share on June 11 and
FNG Exclusive… FNG has learned that China based Retail FX and CFDs broker EBC Financial Group is accusing a former Director of its UK-based, FCA-regulated arm EBC Financial Group (UK) Ltd of misappropriating funds from the company’s bank account. EBC write-off EBC UK has taken a write-off of £747,000 (just under USD $1 million) as
JustMarkets, one of the leading international brokerages has launched the trading in SpaceX (SPCX) CFD shares for its clients. Starting 17 June 2026, traders will be able to trade on the one of the most watched private aerospace enterprises on the JustMarkets trading platform, thus gaining access to trading in the innovative sphere that may
The foreign exchange market is approaching a point where the issue of positioning is gaining in importance relative to the fundamental backdrop. Over the past couple of weeks, some trends have emerged that could be explained by the development of crowded trades, namely those involving USD or carry trades. Although the fundamentals supporting those positions