FX week in review: Plus500 exec share grants, Doo Group rebrand, Prop firm launch

Before we get to our first FX week in review of the new year, we’re pleased to share with our audience that FNG recorded yet another month of record visitors in December (despite it being a slow holiday month in the greater financial news world), topping off a more than 70% rise in our daily traffic for 2025.

Driving our growth has been soaring Search traffic. FNG now ranks top-of-page for virtually all online trading company names, and top industry keyword phrases.

If your brand isn’t on FNG, it isn’t being seen by the hundreds of thousands of serious traders and FX/CFD industry insiders, who visit our site (and get our email newsletter) every day.

Come talk to us about what we can do for you in 2026!

And to kick off 2026, we saw a combination of senior executive moves (and eight-figure stock compensation for some of the top brass at Plus500), a broker rebranding, a CFDs broker launching a new Prop brand, and lots more.

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

Plus500 grants shares worth $22.7 million to CEO David Zruia, executives. Plus500 CEO David Zruia (pictured above) and CFO Elad Even-Chen are the largest recipients of the share/unit grants. Mr. Zruia is receiving altogether 231,328 ordinary shares (worth $11.4 million) as a grant of shares in connection with 2026 LTIP, and with 2026 deferred bonus. Mr. Even-Chen is receiving an identical grant. Other executives in on the plan include Plus500 CMO Nir Zatz, CTO Al Yaros, Chief Regulation Officer Yevgeni Shtuckmeyster, Plus500 Israel CEO Erez Levy, Chief People Officer Eden Dahan, and VP R&D Or Rotem.

Exclusive: Doo Group rebranding UK and South Africa operations to… FNG Exclusive… FNG has learned that Retail FX and CFDs brokerage holding company Doo Group, which has traditionally operated brokers containing the “Doo” moniker, has undertaken its second major rebranding effort in as many years. How will Doo Group’s FCA regulated UK brokerage, and South Africa FSCA licensed business, now be known?

Exclusive: TrioMarkets launches in-house prop firm TrioFunded. FNG Exclusive… FNG has learned that TrioMarkets has become the latest Retail FX and CFDs broker to jump into the prop trading / trader challenges space, launching its own prop firm brand called (not surprisingly) TrioFunded. The company’s triofunded.com website has just gone live.

STARTRADER named Official Partner of the NBA. Fresh off a rebranding and reflecting its strategic business direction, Dubai based Retail FX and CFDs broker STARTRADER has announced that it has sealed a deal with the National Basketball Association (NBA) to become the league’s Official Partner, which marks a significant milestone in the company’s continued growth and expansion.

TrioMarkets operator EDR Financial fined €50K by CySEC. Cyprus financial regulator CySEC has announced that a settlement has been reached with the CIF license holder EDR Financial Ltd, for possible violations of the Investment Services and Activities and Regulated Markets Law of 2017. EDR Financial Ltd operates the TrioMarkets CFDs brokerage brand for EU clients, at website triomarkets.eu.

Top FX industry executive moves this week

Michael O’Sullivan

❑ CFI hires Hantec CTO Michael O’Sullivan.

❑ Exclusive: Robinhood ups institutional crypto adding B2C2 sales head Zeke Vince.

❑ Exclusive: IG Group Trading Director Adam Blemings departs.

❑ IronFX BizDev head Lampros Savva departs.

❑ Sucden appoints Bruno Almeida as CFO.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Trump criticised France's immigration policies while addressing a campaign rally for Republican candidates in Perry, Georgia. (AP/Bloomberg)

Trump says France ‘burning down’ because it opens borders to people ‘who hate it’; claims protests not related to education

US President Donald Trump on Saturday said France was “burning down” because it opened its borders to people who “hate it”, dismissing claims that protests were linked to education. Trump criticised France’s immigration policies while addressing a campaign rally for Republican candidates in Perry, Georgia. (AP/Bloomberg) “They have police in France, but they’re not allowed

BE Stock Sees Worst Single-Day Fall In 3 Months — Jefferies Trims Price Target, Flags Lack Of Updates On Its Largest Opportunity With Oracle

Jefferies said that despite management’s optimism that its backlog continues to grow faster than revenue, Bloom Energy did not provide a formal backlog update. JPMorgan also lowered its price target on Bloom, cutting it to $292 from $314 while maintaining an ‘Overweight’ rating. The firm attributed the reduction to lower trading multiples among Bloom Energy’s

A motorised auto-rickshaw powered by liquefied petroleum gas (LPG) passes a bridge amid rising fuel and LPG prices due to the Iran conflict, in Karachi, Pakistan. (Reuters)

Pakistan reopens Gabd-Rimdan border with Iran after week-long trade halt

Pakistan reopened a key border crossing with Iran to resume bilateral trade and cross-border movement after a week-long suspension that stranded freight vehicles, disrupted supplies and aggravated concerns over LPG shortage ahead of winter. A motorised auto-rickshaw powered by liquefied petroleum gas (LPG) passes a bridge amid rising fuel and LPG prices due to the

A Boeing 787 Dreamliner of Riyadh Air at King Khalid International Airport in Riyadh.

The Saudi Airline That Launched Right in the Middle of a War

The day after a missile hit the airport where Riyadh Air’s offices are based, the British boss of Saudi Arabia’s new airline wanted to soothe staff fears. A Boeing 787 Dreamliner of Riyadh Air at King Khalid International Airport in Riyadh. “We would never operate a flight or have people work in a building if

Stock Market Sell-Off: History Says This Is the Best Move to Make Right Now

So your portfolio is redder than a stoplight, and your AI stocks are doing their best impression of a deflating balloon. The Nasdaq Composite (^IXIC -0.21%) has fallen 7.6% from its early October highs, dragging other market indicators lower. Pullbacks of this magnitude tend to rattle investors, particularly those who piled into artificial intelligence plays

What the New Class C Share Structure Actually Means for Meta Platforms Stock Investors

Meta Platforms (META) is introducing non-voting Class C shares to widen its options for raising capital, rewarding employees, and financing acquisitions without weakening CEO Mark Zuckerberg’s voting control. On Wednesday, Oct. 21, the board approved the charter amendment alongside its Q3 results, with a revised certificate of incorporation scheduled to take effect on Tuesday, Jan.

5 Oversold AI Stocks: Where Wall Street Analysts Are Spotting 50%+ Upside

The AI selloff has opened a wide gap between share prices and Wall Street’s expectations. Some of the stocks below have lost nearly half their value in 30 days, while their average analyst targets still imply gains well above 50%. It sounds like an opportunity but can also mean the market has moved faster than

Is Nike Still a Growth Stock? Here’s the Answer.

By now, Nike (NYSE: NKE) shareholders are well aware that the company’s fiscal 2027 could be a tough stretch. In the company’s 2027 first-quarter earnings report, revenue fell 4% year over year to $11.2 billion, and net income slid 2% to $712 million. The athletic wear giant has been in the midst of a turnaround

Banner

UK police arrest 15-year-old boy for photoshopping local politician into rabbit

West Midlands Police in the United Kingdom, on August 3, detained a 15-year-old boy identified only as Fraser, for allegedly mocking a local politician, Simon Bennett, in social media posts, including one that photoshopped him into a rabbit. Police officers stormed the teenager’s family home in the early hours of the day while he was

Jim Cramer’s Case for “Accidental High Yielders” When the Fed Shakes the Market

Quick Read Verizon’s 6.3% yield is backed by strong coverage, with dividends consuming only 57% of EPS guidance and 58% of first-half free cash flow. T. Rowe Price’s quarterly dividend grew from $1.24 to $1.30 while its share price fell 37%, but $56.9 billion in 2025 client outflows signal real business damage. Cramer calls accidental

0
Would love your thoughts, please comment.x
()
x