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Mitrade Taps Former Pit Trader and Brokerage CEO Christopher Brankin; Prolonged Oil Swings Test MENA Traders

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DUBAI, UAE, Oct. 8, 2026 /PRNewswire/ — Global CFD broker Mitrade engaged veteran market commentator and former brokerage CEO Christopher Brankin as Global Markets Advisor. Brankin traded commodities on open-outcry floors, spent more than a decade leading TD Ameritrade Singapore and later led the Asia-Pacific expansion of another global CFD brokerage.

The appointment comes seven months into an unsettled Gulf oil shock. Gulf News reported Brent jumped 3.4% in one session to $106.60 a barrel in late September as Strait of Hormuz fears resurfaced.

Such turbulence is familiar to Brankin. A nearly 30-year markets veteran, he has worked commodity and financial markets from trading desk to boardroom and is a frequent CNBC, Bloomberg and Reuters commentator.

His experience gives Mitrade’s trading community a sharper perspective on how a move in oil can ripple into gold, currencies and equities. Having worked both sides of the trading screen, Brankin, a longtime financial literacy advocate, offers an insider’s view of what changes for traders when conditions turn rapidly.

“Retail traders often get caught playing yesterday’s narrative. Headline risks like Hormuz drive immediate spikes, but structural factors like Fed policy and currency peg dynamics dictate where the real capital flows,” said Christopher Brankin, Global Markets Advisor, Mitrade Group. “Markets in 2026 punish gut reactions. Mitrade’s focus on equipping traders with actionable depth is exactly where I want to focus my energy.”

Brankin will contribute thought leadership on global markets for Mitrade, adding a seasoned and candid voice to the market analysis it already provides retail traders.

About Mitrade Group

Mitrade is a globally recognized, award-winning financial services brand licensed under UAE’s CMA (Category 5, 20200000397), South Africa’s FSCA (FSP 54842), Cayman Islands’ CIMA (SIB1612446), Mauritius’s FSC (GB20025791), Australia’s ASIC (AFSL398528), and Cyprus’s CySEC (CIF438/23).  

Connecting 7M+ traders to 1,000+ OTC derivatives, including indices, forex, commodities, ETFs, and shares, Mitrade’s platform is designed to provide fast trade execution, competitive spreads, and a user-friendly interface accessible across multiple devices.  

OTC derivatives are a leveraged product and can result in the loss of your entire capital. Trading OTC derivatives may not be suitable for everyone. Please consider the product sheet, risk disclosure statement and client agreement before using the services and ensure that you understand the risks involved.

This article is for informational purposes only and not financial advice, an offer, or a solicitation.  

Visit https://www.mitrade.com/ for more information.

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Mitrade Taps Former Pit Trader and Brokerage CEO Christopher Brankin as Global Markets Advisor

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LIMASSOL, Cyprus, Oct. 8, 2026 /PRNewswire/ — Award-winning CFD broker Mitrade has engaged Christopher Brankin as Global Markets Advisor. A markets commentator featured on CNBC, Bloomberg, and Reuters, Brankin was the founding CEO of TD Ameritrade Singapore and later headed regional expansion for a CFD brokerage.

The appointment comes as global events continue driving European market conditions. In September alone, the ECB raised rates citing the Middle East supply disruptions, the euro fell 0.5% after the Fed followed suit, and Europe’s gas benchmark held above twice pre-war levels as Hormuz LNG flows slumped.

Having worked both the trading floor and the helm of major brokerages, Brankin brings over three decades of market experience. Starting in Chicago’s open-outcry futures pits in 1995, he ran a proprietary trading desk and oversaw execution and clearing at thinkorswim before building and leading regulated firms across Asia, navigating cycles from the 2008 financial crisis to 2020 market volatility.

“2026 has put European traders through a war-driven energy shock and back-to-back rate rises. Europe now imports its volatility, and traders who understand its source see the market differently. Mitrade shares my belief in financial literacy, and I look forward to adding my perspective through the platforms I have,” said Christopher Brankin, Global Markets Advisor, Mitrade Group.

In this role, Brankin will contribute institutional analysis, market commentaries, and educational insights on global market developments for Mitrade.

About Mitrade 

Mitrade is a CFD trading platform operating in eligible EEA markets through Mitrade EU Limited, a CySEC-authorised investment firm (CIF438/23). Other legally separate entities within the international group are independently authorised and regulated in their respective jurisdictions by ASIC (AFSL398528), CIMA (SIB1612446), FSCA (FSP54842), FSC (GB20025791), and CMA (20200000397). 

Globally, the brand connects 7M+ traders to 1,000+ CFDs on indices, forex, commodities, shares, ETFs and more. The platform is designed to provide fast execution, flexible leverage on a per-position basis, competitive spreads and an intuitive interface accessible across multiple devices. 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 

Visit https://www.mitrade.eu for more information.

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BORICA and OpenWay Win PAY360 Award for Bulgaria’s Euro Payments Transformation

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The Best Partnership Initiative award recognizes BORICA and OpenWay for their contribution to Bulgaria’s payments transformation and successful euro transition.

LONDON, Oct. 8, 2026 /PRNewswire/ — BORICA AD and OpenWay have won the Best Partnership Initiative Award at the PAY360 Awards 2026 for their work together on Bulgaria’s payment infrastructure and the country’s successful transition to the euro.

The award recognizes the impact of a long-term partnership focused on a challenge where there was no room for disruption: transforming critical national payment infrastructure while ensuring that everyday card payments and ATM services continued from the first minute of euro adoption.

Since 2018, BORICA and OpenWay have worked together to modernize Bulgaria’s card processing infrastructure, combining BORICA’s expertise in national payment services and ecosystem coordination with OpenWay’s Way4 real-time digital payment software platform and payment technology expertise.

What set the initiative apart was its scale, continuity and practical impact. The partnership was developed over years of modernization and then tested under exceptional live conditions when Bulgaria adopted the euro on 1 January 2026.

The euro programme brought together more than 35 banks, payment service providers, fintechs, government institutions and technology partners. BORICA and OpenWay worked closely to prepare and execute the card processing transformation, with extensive testing, rehearsals and operational coordination before the cutover.

The results came almost immediately after midnight. The first successful euro ATM withdrawal was completed just 20 seconds into the new currency environment. Within the first 48 hours, more than 930,000 card and ATM transactions worth nearly €42 million were processed with zero unplanned downtime.

Miroslav Vichev, CEO of BORICA AD, said:
“Our shared objective went beyond a successful technology transition. We wanted to ensure that a transformation of this scale could happen without disrupting the everyday payment experience. That required years of preparation, disciplined execution and trust between our teams and across the wider ecosystem.”

Pavel Gubin, CEO of OpenWay Group, said:
“What makes this achievement distinctive is not technology or scale alone, but what BORICA and OpenWay were able to accomplish together. We have spent years building a payment environment designed to evolve without compromising continuity. Euro adoption put that approach to the ultimate real world test, and the results speak for themselves.”

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SOURCE OpenWay

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Fibocom and Grid-OS Accelerate IoT Deployment at Scale in India at IMC 2026

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NEW DELHI, Oct. 8, 2026 /PRNewswire/ — Fibocom, a leading global provider of wireless communication modules and AI solutions, is collaborating with India-based IoT ODM Grid-OS to advance smart payment and vehicle tracking applications in India. At IMC 2026, Grid-OS is showcasing a Payment Soundbox powered by Fibocom’s LE270 LTE Cat 1 bis module, alongside two 4G Vehicle Trackers based on Fibocom’s LE250 series LTE Cat 1 bis modules.

India’s IoT market is moving rapidly toward large-scale deployment. NPCI data shows that UPI transactions reached 24.51 billion in August 2026, while growing applications such as vehicle tracking are creating increasingly diverse requirements for reliable connectivity, low power consumption and positioning capabilities.

For the Payment Soundbox, Fibocom LE270 provides stable 4G connectivity for real-time payment information transmission. Optimized for connected-mode and DRX standby power consumption, LE270’s low-power design helps the Soundbox achieve approximately 7–8 days of battery life with a 2000mAh battery.

The collaboration also extends to two Grid-OS 4G Vehicle Trackers based on Fibocom LE250. The module provides LTE connectivity and GPS/BeiDou positioning, supporting vehicle location and operational data transmission. LE250 also supports OpenCPU and DFOTA, helping simplify product development and subsequent software maintenance.

“Fibocom’s broad wireless communication portfolio gives us the flexibility to select suitable solutions for different IoT product requirements,” said Raghav Gautam, Founder of Grid-OS. “Together with our capabilities spanning product development through mass manufacturing, this provides a strong foundation for expanding our collaboration across more applications.”

Ronald Chan, Vice President of APAC Sales at Fibocom, said: “India is an important IoT market for Fibocom. Our collaboration with Grid-OS, expanding from payment soundbox to vehicle tracker, demonstrates how our diversified wireless portfolio can support local partners across different device requirements and accelerate commercial deployment at scale.”

About Fibocom

Founded in 1999, Fibocom is a leading global provider of wireless communication modules and AI solutions. Its portfolio spans cellular, AI, automotive and GNSS modules, together with AI toolchains, global connectivity and cloud services, empowering connected and intelligent applications worldwide.

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SOURCE Fibocom

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