A series of updates across brokers, fintech platforms and regulators spans earnings expectations, licensing, customer withdrawals and new products. Plus500 raised its annual outlook, FXOpen UK applied to surrender its licence, OANDA Japan suspended withdrawals after a cyberattack on its servers, and IG is considering a move into prediction markets. The available details do not include specific financial figures, timelines or incident-resolution updates.
Plus500 raises outlook as NAGA faces profit pressure
Plus500 lifted its annual outlook but did not disclose revised targets or the revenue, trading-volume or client data behind the change. For a listed trading platform, an updated outlook offers a signal about management’s expectations; without figures or further performance context, the scale and drivers of the revision remain unclear.
NAGA, meanwhile, faces rising marketing costs and declining profitability. The update provided no figures for profit, revenue or marketing expenditure, making it impossible to assess the size of the changes or compare their effects. The relationship between spending and earnings will need to be assessed against the company’s full financial disclosures.
FXOpen UK seeks licence cancellation as FCA considers rule changes
FXOpen UK has applied to cancel its licence. Separately, the UK Financial Conduct Authority (FCA) is considering changes to its senior managers rules. No details were provided on the next steps for FXOpen’s application, the handling of client accounts or the proposed FCA provisions, so the implementation timetable and specific effects on firms are not yet clear.
The update also noted that Match-Prime has joined iSAM Securities Apex, without specifying the scope of the arrangement, integration timeline or operating details. For trading service providers, platform integrations can involve connecting products and infrastructure, but the confirmed information is limited to the membership announcement.
OANDA Japan suspends withdrawals after server attack
OANDA Japan suspended withdrawals after its servers were targeted in a cyberattack. The update also referred to Japanese FX brokers responding to cybersecurity incidents, but did not identify whether other platforms were affected. It gave no details on how long withdrawals would remain suspended, the number of clients affected, the status of funds or progress toward restoring service.
For customers, the key outstanding questions are when withdrawals will resume and whether the platform will publish findings from its investigation and details on account handling. The information available does not answer those questions, and provides no basis for drawing further conclusions about the duration or reach of the disruption.
IG weighs prediction markets as Webull extends options hours
IG plans to apply for a UK gambling licence and is considering entering prediction markets. No formal application progress, proposed products or launch date were provided. Webull has extended options trading hours, but the new schedule and eligible markets were not specified. The impact of both moves will depend on product arrangements and regulatory developments.
The update also covered 275 executive moves in the sector and highlighted talent mobility, competition for AI roles and Dubai’s appeal to industry professionals. It did not name the individuals appointed or the firms involved.
Separately, FM Intelligence introduced its FMIQ tool, which lets users query seven datasets in natural language. They cover trading volumes, traffic, platforms, market changes, regulation, fines and licences. The tool provides data with sources and includes independent quality checks; no further information was given on usage limitations beyond the stated data coverage.