Karthik Subramanian
Digital Assets Correspondent
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem. He covers token economics, L1/L2 infrastructure, DeFi protocols, wallets/custody, and the bridge between crypto and forex—broker technology, liquidity, and macro drivers. Karthik’s writing focuses on clear, practical frameworks that help professionals evaluate new products and on-chain innovation alongside FX market realities.
October 2018
FXCM Jumps onto the Crypto Bandwagon with Launch of BTC/USD CFD
The first crypto CFD is offered to clients in UK, Australia and South Africa.
September 2018
Cobalt Promotes Darren Coote as its New Managing Director and Appoints Anoushka Hampton as its Head of Sales
All the senior level appointments come at a time when company is preparing to boost its sales and going to scale its business higher.
CLS Group Reports H1-2018 Interim Financial Statement, Reports Loss Despite Stellar Operational Performance
The group changed its accounting policy and will have larger provision for amortization of asset of CLSSettlement, thus impacting the future profitability.
CMC Markets Lowers Revenue Guidance for FY2019 Due to Increased Regulatory Challenges and Sustained Volatility
CMC Markets has issued a trading update before the end of second quarter for the FY19.
Cboe Europe Expands into New Markets with Addition of Polish, Hungarian and Czech Markets
Cboe Europe has announced the addition of Polish, Hungarian and Czech regions most liquid stocks.
Investoo Group Acquired its First Spanish-Speaking Product EFXTO.com, Seventh Acquisition Since Dec. 2016
Fx and Crypto affiliate firm, Investoo Group has made another acquisition in its European home base by buying EFXTO.com.
IG Group Reports 5% Decline in Revenue in Q1-FY19 as Impact of Regulatory Crackdown Felt
The decline is in line with the prediction of the company, in which it estimated a fall of 10% in revenue.
TechFinancial Reports 46% Drop in Revenue in H1-2018 as Binary Operations Stalls
Majority of revenue came from its DragonFinancials binary options JV and has also invested its resource in blockchain technology.
CEO of CLS Group, David Puth Steps Down, Kenneth Harvery has been Appointed Interim CEO
David Puth led the company as a CEO from 2012, and played an instrumental role in the company’s growth.
Geely Group Formally Takes Over SAXO Bank Post All-Necessary Regulatory Approvals, August 2018 FX Trading Turnover Lowest in Two Years
Nordic financial services group, Sampo and China’s Geely Group will takeover 19.9 per cent and 52 per cent into the company.
Also filing this week: Rick Steves and Abdelaziz Fathi.