Last Week Recap: Updates on SIX, Capital.com, FTMO, CFTC, Binance, SEC and FCA

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.

SIX Swiss Exchange Extends Structured Products Trading to Nearly 14 Hours

The SIX Swiss Exchange has expanded its trading hours for structured products, now operating from 8:00 a.m. to 9:45 p.m. Central European Time (CET), adding almost six hours to its previous 9:15 a.m. to 5:15 p.m. window. The extension, effective Monday, allows retail investors to trade more than 70,000 listed structured products during a period that overlaps with most of the U.S. trading session.

Capital.com Pursues South African Licence amid Wider Global Expansion

CFD brokerage Capital.com has applied for a trading licence in South Africa, adding the country to a growing list of target markets as it broadens both its regulatory footprint and product scope.

FTMO Completes Acquisition of OANDA Global Corporation

Czech prop trading firm FTMO has finalized its acquisition of OANDA Global Corporation, a major global online trading group. The deal closed on December 1 following a regulatory approval process that began earlier this year.

CFTC Seeks Extension in KuCoin Lawsuit Amid Settlement Discussions

The Commodity Futures Trading Commission (CFTC) has filed a status report regarding its lawsuit against the operators of KuCoin, an offshore digital asset exchange. The CFTC informed the New York Southern District Court on December 1, 2025, that discussions between the parties have resumed.

Binance Names Co-Founder Yi He as Co-CEO

Binance has appointed its co-founder Yi He as co-CEO, the company announced during Binance Blockchain Week.

SEC Blocks High-Leverage Crypto ETFs, Citing Regulatory Limits

The U.S. Securities and Exchange Commission (SEC) has halted applications for crypto exchange-traded funds (ETFs) offering more than 200% exposure to underlying assets, sending warning letters to several issuers including Direxion, ProShares, and Tidal. The agency cited provisions under the Investment Company Act of 1940, which restrict the amount of leverage a fund may take relative to its unleveraged "reference portfolio."

UK Bond Market Overhaul Moves Forward as FCA Clears Legal Hurdle

The UK's plans for a consolidated bond-market tape have regained momentum after the Financial Conduct Authority (FCA) received court approval to lift a legal suspension that had prevented it from signing a contract with Etrading Software (ETS). The High Court's decision allows the regulator to formalize the agreement while continuing to defend the ongoing legal challenge.