Cyprus hit by wildfires
In our weekly assessment, we begin with the results of wildfires in Cyprus. A devastating wildfire in southern Cyprus killed two folks,
injured no less than ten, destroyed quite a few houses, and compelled the evacuation of
over a dozen villages close to Limassol.
🚨 Huge Wildfire in Limassol Area, Cyprus 🔥Purple alert issued as excessive warmth and dry winds gasoline the blaze. Villages evacuated. Smoke covers the world. [ ForestFire LimassolValley Cyprus Emergency StaySafe WildfireAlert BreakingNews ClimateCrisis Evacuation LimassolFire ] pic.twitter.com/CdfTWXiBAj
— Odin Root 🇸🇸🇺🇸 (@RootsOdin) July 23, 2025
Firefighters, supported by over 250 personnel and no less than
14 plane from Cyprus, Spain, Jordan, and the UK’s RAF, battled the hearth amid
robust winds and very excessive temperatures that peaked at 43°C (109.4°F),
with forecasts reaching 44°C—the most well liked day of the 12 months at the moment.
Following the catastrophe, a number of CFD brokers have actively
supported communities affected by offering
monetary support and important provides. XM has pledged €5 million to help
residents and areas impacted by the fires.
XM commits €5 million to Limassol hearth reduction https://t.co/ozrpQI0j98 through @In_Cyprus
— in-cyprus (@In_Cyprus) July 24, 2025
Moreover, IC Markets EU partnered with AEL Limassol to launch a marketing campaign gathering important items for affected households. Tickmill
has established a donation drop-off level at its Mesa Geitonia, Limassol workplace.
IG’s revenue up 24%
Shifting from flames to numbers, IG Group posted robust fiscal 12 months 2025 outcomes, with complete income exceeding £1.07 billion, up 9%
in comparison with the earlier 12 months.
Web buying and selling income grew 12% to £942.8 million. The corporate
additionally noticed spectacular income, with adjusted pre-tax revenue growing 17% to
£535.8 million. Earnings per share stood at 106.3 pence, a 34% rise from
final 12 months.
IG Group’s full-year report 2025 offered further insights past the headline figures, revealing that the corporate exited a number of
legacy and sandbox initiatives throughout 2024, together with Spectrum, Brightpool,
Raydius, BadTrader, and Small Change.
The report additionally highlighted a 7 per cent discount in
natural fastened price to serve per buyer over the previous fiscal 12 months. IG plans to launch a brand new £125 million share buyback programme within the
first half of the present fiscal 12 months.
Sports activities sponsorships: EC Markets, Moneta Markets, Mitrade
In the meantime, the sports activities sponsorship market is increasing. EC Markets has signed a multi-year sponsorship deal withLiverpool FC, the reigning home league champions, changing into the membership’s
“Official World Accomplice.”
Underneath the settlement, EC Markets’ branding will likely be
prominently displayed at Liverpool’s iconic residence stadium, Anfield. This stadium, opened in 1884, has a seating capability of practically 62,000.
Moneta Markets additionally ventured into the soccer enviornment by sponsoring the Spanish membership Atlético de Madrid. This collaboration, nonetheless, is regional and unique to the Asia-Pacific market.
A partnership like no different 🙌
The PWR are partnering with eToro and to have fun we’re launching the ‘eToro Attempt of the Week’ Award 🔥
Learn extra on the hyperlink under 👇#PWR #PoweredDifferently
— Premiership Ladies’s Rugby (@ThePWR) July 22, 2025
Down below, Mitrade grew to become the official regional CFD sponsor of Argentina’s nationwide soccer workforce, aiming to leverage the World Cup champions’ robust following in Southeast Asia and Australia to develop its consumer base.
Lastly, eToro is sponsoring Premiership Ladies’s Rugby, making it the primary firm to sponsor each the Premiership Males’s and Ladies’s Rugby competitions. The corporate has been sponsoring the lads’s league since 2023.
LSE’s 24/7 plan
Within the UK, the London Inventory Change Group is
presently analyzing the operational and regulatory challenges of introducing 24-hour buying and selling.
A number of exchanges have already taken steps to elongate buying and selling hours in america. Final October, the New York Inventory
Change (NYSE) introduced plans to increase weekday buying and selling on its NYSE Arca
platform to 22 hours every day.
Rostro introduces crypto CFDs prime providers
Rostro Group expanded its institutional providers by launching prime providers for digital asset derivatives. This new providing
will present pricing and execution capabilities particularly for crypto
contracts for variations (CFDs), catering to institutional purchasers.
These prime providers will likely be delivered below Rostro’s
institutional division, Scope Prime, which was shaped following Rostro’s
acquisition of Scope Markets in 2022.
OctaFX India fined
India’s securities regulator has settled with Tauga Personal Restricted (previously OctaFX India Personal Restricted), requiring the
firm to pay INR 3.2 million (round $37,000) over alleged ties to an
unauthorized international foreign exchange and CFD buying and selling platform.
As a part of the settlement, Tauga should additionally give up its
brokerage license, in response to the Securities and Change Board of India
(SEBI).
AI bots dominate Gen Z crypto
A brand new report by cryptocurrency alternate MEXC exhibits that 67% of Era Z crypto merchants used no less than one AI-powered buying and selling bot within the second quarter of 2025.
The information is predicated on a pattern of over 780,000 customers aged 18 to 27.
In accordance with the report, a majority of Gen Z merchants now
depend on synthetic intelligence instruments to help their funding selections.
Trump eases Nvidia China chip ban
Away from the business, Nvidia CEO Jensen Huang efficiently lobbied Donald Trump to
reverse a ban on superior AI chip exports to China.
Huang’s method mixed financial reasoning, emphasizing
the significance of U.S. tech management, with strategic messaging round international
competitors and provide chain affect.
Following the discussions, Trump agreed to ease
restrictions, permitting Nvidia to renew sure chip gross sales to China below
outlined circumstances.
Revolut Picks Paris for EU Push
And lastly, Revolut established a Western Europe headquarters in Paris to broaden its presence on the continent and
pursue a French banking license.
Revolut is the #1 finance app in Europe — as soon as once more (a thread 🧵)
Because of your belief, we set a brand new benchmark in 2024. pic.twitter.com/lf7fAMMoel
— Revolut (@RevolutApp) April 24, 2025
Whereas Revolut will not be leaving London, the choice alerts a
strategic shift amid ongoing issues concerning the UK’s post-Brexit enchantment for
fintech companies.
Cyprus hit by wildfires
In our weekly assessment, we begin with the results of wildfires in Cyprus. A devastating wildfire in southern Cyprus killed two folks,
injured no less than ten, destroyed quite a few houses, and compelled the evacuation of
over a dozen villages close to Limassol.
🚨 Huge Wildfire in Limassol Area, Cyprus 🔥Purple alert issued as excessive warmth and dry winds gasoline the blaze. Villages evacuated. Smoke covers the world. [ ForestFire LimassolValley Cyprus Emergency StaySafe WildfireAlert BreakingNews ClimateCrisis Evacuation LimassolFire ] pic.twitter.com/CdfTWXiBAj
— Odin Root 🇸🇸🇺🇸 (@RootsOdin) July 23, 2025
Firefighters, supported by over 250 personnel and no less than
14 plane from Cyprus, Spain, Jordan, and the UK’s RAF, battled the hearth amid
robust winds and very excessive temperatures that peaked at 43°C (109.4°F),
with forecasts reaching 44°C—the most well liked day of the 12 months at the moment.
Following the catastrophe, a number of CFD brokers have actively
supported communities affected by offering
monetary support and important provides. XM has pledged €5 million to help
residents and areas impacted by the fires.
XM commits €5 million to Limassol hearth reduction https://t.co/ozrpQI0j98 through @In_Cyprus
— in-cyprus (@In_Cyprus) July 24, 2025
Moreover, IC Markets EU partnered with AEL Limassol to launch a marketing campaign gathering important items for affected households. Tickmill
has established a donation drop-off level at its Mesa Geitonia, Limassol workplace.
IG’s revenue up 24%
Shifting from flames to numbers, IG Group posted robust fiscal 12 months 2025 outcomes, with complete income exceeding £1.07 billion, up 9%
in comparison with the earlier 12 months.
Web buying and selling income grew 12% to £942.8 million. The corporate
additionally noticed spectacular income, with adjusted pre-tax revenue growing 17% to
£535.8 million. Earnings per share stood at 106.3 pence, a 34% rise from
final 12 months.
IG Group’s full-year report 2025 offered further insights past the headline figures, revealing that the corporate exited a number of
legacy and sandbox initiatives throughout 2024, together with Spectrum, Brightpool,
Raydius, BadTrader, and Small Change.
The report additionally highlighted a 7 per cent discount in
natural fastened price to serve per buyer over the previous fiscal 12 months. IG plans to launch a brand new £125 million share buyback programme within the
first half of the present fiscal 12 months.
Sports activities sponsorships: EC Markets, Moneta Markets, Mitrade
In the meantime, the sports activities sponsorship market is increasing. EC Markets has signed a multi-year sponsorship deal withLiverpool FC, the reigning home league champions, changing into the membership’s
“Official World Accomplice.”
Underneath the settlement, EC Markets’ branding will likely be
prominently displayed at Liverpool’s iconic residence stadium, Anfield. This stadium, opened in 1884, has a seating capability of practically 62,000.
Moneta Markets additionally ventured into the soccer enviornment by sponsoring the Spanish membership Atlético de Madrid. This collaboration, nonetheless, is regional and unique to the Asia-Pacific market.
A partnership like no different 🙌
The PWR are partnering with eToro and to have fun we’re launching the ‘eToro Attempt of the Week’ Award 🔥
Learn extra on the hyperlink under 👇#PWR #PoweredDifferently
— Premiership Ladies’s Rugby (@ThePWR) July 22, 2025
Down below, Mitrade grew to become the official regional CFD sponsor of Argentina’s nationwide soccer workforce, aiming to leverage the World Cup champions’ robust following in Southeast Asia and Australia to develop its consumer base.
Lastly, eToro is sponsoring Premiership Ladies’s Rugby, making it the primary firm to sponsor each the Premiership Males’s and Ladies’s Rugby competitions. The corporate has been sponsoring the lads’s league since 2023.
LSE’s 24/7 plan
Within the UK, the London Inventory Change Group is
presently analyzing the operational and regulatory challenges of introducing 24-hour buying and selling.
A number of exchanges have already taken steps to elongate buying and selling hours in america. Final October, the New York Inventory
Change (NYSE) introduced plans to increase weekday buying and selling on its NYSE Arca
platform to 22 hours every day.
Rostro introduces crypto CFDs prime providers
Rostro Group expanded its institutional providers by launching prime providers for digital asset derivatives. This new providing
will present pricing and execution capabilities particularly for crypto
contracts for variations (CFDs), catering to institutional purchasers.
These prime providers will likely be delivered below Rostro’s
institutional division, Scope Prime, which was shaped following Rostro’s
acquisition of Scope Markets in 2022.
OctaFX India fined
India’s securities regulator has settled with Tauga Personal Restricted (previously OctaFX India Personal Restricted), requiring the
firm to pay INR 3.2 million (round $37,000) over alleged ties to an
unauthorized international foreign exchange and CFD buying and selling platform.
As a part of the settlement, Tauga should additionally give up its
brokerage license, in response to the Securities and Change Board of India
(SEBI).
AI bots dominate Gen Z crypto
A brand new report by cryptocurrency alternate MEXC exhibits that 67% of Era Z crypto merchants used no less than one AI-powered buying and selling bot within the second quarter of 2025.
The information is predicated on a pattern of over 780,000 customers aged 18 to 27.
In accordance with the report, a majority of Gen Z merchants now
depend on synthetic intelligence instruments to help their funding selections.
Trump eases Nvidia China chip ban
Away from the business, Nvidia CEO Jensen Huang efficiently lobbied Donald Trump to
reverse a ban on superior AI chip exports to China.
Huang’s method mixed financial reasoning, emphasizing
the significance of U.S. tech management, with strategic messaging round international
competitors and provide chain affect.
Following the discussions, Trump agreed to ease
restrictions, permitting Nvidia to renew sure chip gross sales to China below
outlined circumstances.
Revolut Picks Paris for EU Push
And lastly, Revolut established a Western Europe headquarters in Paris to broaden its presence on the continent and
pursue a French banking license.
Revolut is the #1 finance app in Europe — as soon as once more (a thread 🧵)
Because of your belief, we set a brand new benchmark in 2024. pic.twitter.com/lf7fAMMoel
— Revolut (@RevolutApp) April 24, 2025
Whereas Revolut will not be leaving London, the choice alerts a
strategic shift amid ongoing issues concerning the UK’s post-Brexit enchantment for
fintech companies.
