Last Week Recap: Updates on BUX, Centroid, ACY, GODO; Vietnam Market; KYC and Compliance Automation

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. The below is the selected highlights of last week.

BUX and JP Morgan Launch Active ETF for Retail Investors

Dutch fintech firm BUX, now operating under the ownership of ABN AMRO, has introduced a new investment product in partnership with JP Morgan Asset Management last week. The product, branded as BUX Prime Investment Plans, is designed to offer retail investors diversified, actively managed ETF portfolios.

XS.com Partners with Centroid Solutions to Provide Tier-1 Liquidity for Retail Brokers

XS.com, the global leader in multi-asset brokerage and global markets liquidity services, last week announced its partnership with technology provider Centroid Solutions. This collaboration integrates Centroid into XS.com's liquidity distribution network, expanding access to XS.com's premium liquidity services for institutional investors and retail brokers worldwide.

ACY Securities Expands to South Africa with New Office and Platform

ACY Securities has formally launched its operations in South Africa, opening a physical office in Johannesburg and rolling out its proprietary trading platform in the country. This move follows the firm's acquisition of INGOT Brokers South Africa, which provided a foundation through local licensing under FSCA number 51008.

GODO Expands GCC Presence with New Office in Oman

One of the fastest growing and most trusted trading platforms in the region, proudly announces the opening of its new office in Muscat, Oman. This strategic expansion strengthens GODO's regional footprint and reaffirms its commitment to delivering innovative, localized trading solutions across the Gulf.

Devon Man Convicted Over £1.3 Million Ponzi Scheme

Daniel Pugh, 35, promoted the so-called Imperial Investment Fund (IIF) through social media adverts, mainly on Facebook, between March 2019 and August 2020. The fund promised returns of 1.4% a day, 7% a week, or 350% annually. According to the UK Financial Conduct Authority (FCA), the operation was a Ponzi scheme, paying early investors with money from later ones.

Vietnam's Export Engine Is Firing, But Traders Shouldn't Ignore the Warning Lights

Insight from EBC: Vietnam's exports are booming in 2025, but hidden risks in certification delays and red tape could derail key gains in fruit, seafood, and wood sectors.

KYC and Compliance Automation: The Next Big Leap for Forex Brokers​

As regulatory requirements tighten across the forex industry, brokers must adopt advanced compliance solutions to remain operational and trustworthy. Automated Know Your Customer (KYC) and Anti-Money Laundering (AML) processes powered by CRMs are revolutionizing the way brokers manage compliance. This article by FX Back Office explores how automation is shaping the future of forex broker compliance.