Last Week Recap: Updates on FYNXT, Neex and XM; Institutional demand for ETFs Surges; CPT Markets Reports Loss

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.

TradingView Expands LME Coverage for Enhanced Analysis

TradingView has announced a significant expansion of its coverage of the London Metal Exchange (LME), now providing its users with a broader range of instruments for deeper market analysis. This update allows traders to explore beyond traditional futures, offering access to cash (spot) contracts and N-month futures (spanning 3, 15, 27 months, and more). These enhancements give traders an improved ability to assess the commodity markets and make more informed trading decisions.

Institutional Demand Drives Record Inflows into Bitcoin and Ethereum ETFs

Institutional demand for Bitcoin and Ethereum exchange-traded funds (ETFs) surged last Monday, with nearly $620 million entering the two largest digital assets through regulated investment vehicles. Bitcoin ETFs saw net inflows of $259.9 million, while Ethereum ETFs attracted even larger investments, drawing $359.7 million.

FYNXT Unveils Turnkey White Label Solution: Launch a Fully Branded Brokerage in Just 14 Days

FYNXT has launched its White Label Solution, enabling FX/CFD brokers to go live with a fully operational brokerage in as little as 14 days. Offered at a fixed platform fee of USD 5,000, the solution delivers a complete brokerage setup covering trading systems, broker & client management tools, liquidity and payments access, branded website, compliance support and lot more. By consolidating traditionally fragmented technology into one ready-to-deploy platform, FYNXT helps brokers reduce time to market, minimise upfront costs, and expand more efficiently across regions.

Neex Secures UAE Securities & Commodities Authority Category 5 License

Neex Securities LLC (Neex), a UAE-based entity within the award-winning Neex Group, announced it has officially obtained a Securities & Commodities Authority (SCA) Category 5 license in the United Arab Emirates.

CPT Markets UK Posts Heavy 2024 Loss, Plans Institutional Pivot

CPT Markets UK has reported a steep decline in 2024 revenue, with turnover falling 70% to £351,378 from £1.15 million the year before. The company ended the year with a loss after tax of £874,276, a sharp widening from the £23,489 loss posted in 2023.

XM Launches an Enhanced Trading Experience and Introduces New Powerful Tools​

Leading multi-asset broker XM is giving traders more control and confidence by unifying all its products and introducing new powerful tools in one seamless trading experience.