The companies, products and regulatory developments shaping the broker industry.
Webull has opened its investing platform in Italy from its Amsterdam-centred EU operation; product availability and pricing still depend on the local contract and securities.
FinecoBank reported €13.129bn of nine-month net sales. Reconstructing the flow mix shows €9.2bn went to custody, changing the economic meaning of the headline without diminishing the platform growth.
The latest Italian action brings the cumulative total to 1,878 sites since July 2019. Ten addresses in the new list use the Renditanzia name.
The Italian approval covers custody, crypto exchanges, execution and transfers under an identified legal entity, not unrestricted securities or derivatives brokerage.
The regulator’s 29 October notice identifies eight .it domains offering unauthorised crypto services. Internet providers may need several days to implement the blocks.
The 23 October notice names three investment-service cases and two crypto-service cases. Linked resolutions dated 21 October identify the legal basis for each operator and domain.
The remaining 49% acquisition completed in September. Banca Generali’s distribution agreement survives the ownership exit, while customers retain their accounts through the Saxo Italia rebranding.