broker

DUBAI, UAE, Sept. 28, 2026 /PRNewswire/ — Following a highly active two-day exhibition, Aurra Markets announces its successful conclusion at Forex Expo Dubai 2026. Held at the Dubai World Trade Centre from the 22nd to the 23rd of September, the event marked a major milestone in our global expansion, highlighted by Aurra Markets receiving the ‘Best Emerging Broker’ award.

Award Recognition for Trading Infrastructure

In a highly competitive industry, being recognized as the Best Emerging Broker highlights our operational standards and commitment to advancing trading technology. By consistently delivering sub-12ms execution, maintaining raw spreads from 0.0 pips, and holding fully segregated client funds, Aurra Markets is rapidly positioning itself as a broker of choice for active market participants.

Meeting Global Market Demands

“We are pleased to receive the Best Emerging Broker award at Forex Expo Dubai,” stated a spokesperson for Aurra Markets. “This recognition is a direct result of our mission to build a multi-asset ecosystem that prioritizes the trader’s success by combining Tier-1 liquidity with technical stability. Winning this award in a major financial hub like Dubai proves that our transparent, high-performance infrastructure meets global market demands.”

Showcasing Technology at Booth 21

Throughout the expo, our Diamond Sponsor space at Booth 21 served as a primary focal point for investors, media buyers, and financial professionals reviewing modern trading technology.

Volume-Based Rebates for Affiliates

Our dedicated affiliate managers held continuous consultations with introducing brokers and network builders. These professionals were eager to review our Partnership Programme, specifically our highly competitive volume-based rebates and comprehensive partner tracking portal designed to scale affiliate revenue.

Interactive On-Booth Networking

To complement the high-level business discussions, Booth 21 featured a lively atmosphere driven by our interactive activities. Expo attendees participated in these networking sessions, resulting in hundreds of visitors walking away with exclusive Aurra Markets merchandise, further establishing our brand presence in the region.

Building on Global Momentum

Aurra Markets extends its gratitude to the organizers of Forex Expo Dubai, our dedicated global team, and the thousands of traders and partners who visited our booth. We look forward to leveraging this momentum as we continue to push the boundaries of financial technology.

For more information about our award-winning forex platform and multi-asset ecosystem, please visit www.aurra.markets.

Aurra Markets Logo in Black with White Background

Ripple completed its $1.25 billion acquisition of Hidden Road.
The rebranded Ripple Prime has grown 3x since the deal was announced.
RLUSD stablecoin is now used as collateral for prime brokerage products.

Ripple, the developer of cryptocurrency XRP, just became the first crypto company to own a global prime broker.

The firm completed its $1.25 billion acquisition of Hidden Road, a non-bank prime broker. The platform, now rebranded as Ripple Prime, will offer institutions clearing, prime brokerage, and financing across foreign exchange, digital assets, derivatives, swaps, and fixed income.

Since Ripple first announced the deal back in April, Ripple Prime’s business has grown threefold, said the firm.

Owning a prime broker signals that crypto is settling into the very center of institutional finance. Prime brokers are the gatekeepers of professional trading. They determine who gets access to leverage, which assets qualify as collateral, and how risk is managed.

By controlling that infrastructure, Ripple can ensure crypto — and especially its native XRP or RLUSD — gets the same treatment as stocks and bonds. Indeed, it’s not about buying market share, but rather about legitimacy and the power to set standards.

XRP is up 8% to $2.48 in the past seven days.

“We are at an inflection point for the next phase of digital asset adoption,” Brad Garlinghouse, Ripple CEO, said when the acquisition was announced.

“The US market is effectively open for the first time due to the regulatory overhang of the former SEC coming to an end.”

Collateralising RLUSD

At the centre of the deal is increased utility for Ripple’s stablecoin, RLUSD.

Right now, RLUSD is being used as collateral for prime brokerage products, with certain derivatives customers already holding their balances in RLUSD.

One of RLUSD’s highly touted features is its regulatory compliance. In July, Bluechip ranked RLUSD the number one stablecoin for stability, governance, and asset backing.

But the market doesn’t agree. Of the $308 billion stablecoin sector, RLUSD has fallen to 20th place, with $898 million in market value — about 0.3% of the total market.

Tether and USDC lead stablecoins by a wide margin.

Ripple also announced that The Bank of New York Mellon will serve as the primary reserve custodian of RLUSD, underscoring the company’s commitment to meeting institutional and regulatory expectations.

Shopping spree

Ripple has been doling out cash lately.

The deal with Hidden Road is one of five major acquisitions inked by Ripple in the past two years.

Just last week, Ripple announced plans to acquire treasury management system provider GTreasury for $1 billion. And earlier acquisitions include the stablecoin-powered payment platform Rail in August 2025, Standard Custody in June 2024, and Metaco in May 2023.

Hidden Road brings significant scale. The platform clears $3 trillion annually across markets with more than 300 institutional customers, according to Ripple.

Pedro Solimano is DL News’ Buenos Aires-based markets correspondent. Got a tip? Email him at psolimano@dlnews.com.

Aurra Markets Crowned ‘Best Emerging Broker’ at Forex Expo Dubai 2026

Ripple deploys $1.25bn to become first crypto company with global broker – DL News

Collateralising RLUSD

Shopping spree