The futures prop trading sector faced renewed
questions over its business model, with exchange data costs and low-priced
challenges putting pressure on firms operating without recurring subscriptions.
Meanwhile, established industry figures returned with new businesses, while
brokers continued to expand their regulatory and corporate structures.

London’s trading industry is coming home!

The week also brought developments in brokerage technology,
corporate governance and retail trading activity. IG Group advanced its planned
move to Jersey, CFI secured preliminary approval for a crypto brokerage
operation in Dubai, and eToro reported weaker crypto trading activity despite
account growth.

Artificial intelligence, prediction markets and…