IForex shares lift after trading platform makes London Stock Exchange debut February 25, 2026 Shares in iForex popped after the firm became the latest fintech to debut on the London Stock Exchange. The stock rose as much as 6.4 per cent to 207.5p by the end of its inaugural trading session on Wednesday. It had floated on London’s main market at an offer price of 195p, implying a market [...]
Goldman Sachs leads Wall St boom amid trading frenzy and deal-making January 16, 2026 Wall Street giants were riding high following this week’s round of earnings updates after months market volatility and deal-making helped take trading revenue to record highs. Goldman Sachs led the surge pocketing $4.3bn in equities trading revenue in the last three months of the year – a record for Wall Street banks. Meanwhile, the banks [...]
HSBC to cough up £230m over dividend tax-fraud claims January 8, 2026 European banking juggernaut HSBC is set to cough up nearly £230m to settle an investigation relating to tax-fraud claims. The FTSE 100 titan was accused of helping foreign investors evade taxes on dividends through a sophisticated financial manoeuvre known as ‘cum-cum’ trading. This relates to a series of transactions between 2014 and 2019, which were [...]
The compromising iPad photos that dragged a London quant trader to court October 25, 2025 It’s never easy moving jobs in the Square Mile – especially for the higher ups. Once you reach a certain seniority, your employer frets over the threat posed if you jump ship – what strategic information you could take with you. That was true for a London-based quant firm called G-Research, after one of its [...]
Two years to go: Your journey to UK T+1 must start now October 13, 2025 The countdown is on to T+1. Here's everything your firm should be doing now to get prepared, writes Andrew Douglas.
Revolut Trading UK CEO: Canada still doesn’t reflect all the people it serves October 9, 2025 The City works best when it reflects the people it serves, and there’s still a way to go, says Revolut Trading UK boss Yana Shkrebenkova.
British billionaire trader offers interns £26k a month September 4, 2025 A billionaire trader has said interns at his trading empire would be paid $35,000 (£26,000) as firms fight to snap up the best tech talent. Alex Gerko, boss of XTX Markets, is offering postgraduates a 12 to 14-week research internship where they could pocket between $105,000 and $122,500. The position, a role commanding four days [...]
Saxo nets bumper profit after surge in customers August 28, 2025 Saxo posted an adjusted net profit of DKK515m (£59.5m) for the first half of 2025, up from DKK508m. The company notched a new record of 1.4 million end clients as of June 30. Client assets reached DKK877bn, after a surge in new and existing client funding. The adjusted total income for the first half of [...]
Pound edges up against dollar after Trump’s latest Fed attack August 26, 2025 The pound gained from a turbulent US dollar trading session on Tuesday after the greenback was stung by President Donald Trump’s attacks on the Federal Reserve. The dollar index (DXY) – which tracks the dollar’s value against a basket of currencies – tumbled as much as 0.4 per cent as Trump said he had “sufficient [...]
Plus500 customer deposits more than double to record $3.1bn August 11, 2025 Plus500 has seen its customer deposits more than double to a record $3.1bn (£2.3bn) as wealthy investors piled in to its share trading app. The London fintech said the average deposit held by an active customer stood at $17,250 by the end of the first half of the year, a jump of 105 per cent [...]