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Strategizing to Ensure “I Don't Hire More People Than I’d Like to Oversee”: Rostro’s Ayres
- Finance Magnates recently interviewed Michael Ayres, Group CEO of Rostro Group, to discuss the latest hires and expansion plans.
- "To be honest, it was more of a surprise," Ayres on Scope Prime's hiring of Lochlan White.
Tuesday, 15/10/2024 | 13:40 GMT by
Yam Yehoshua
Exclusive: 26 Degrees Is Surrendering Its CySEC Licence
- Regulatory challenges, along with other business decisions, have prompted the company to surrender its CySEC licence.
- It will keep the Cyprus office open as a branch for supporting its international activities.
Thursday, 10/10/2024 | 03:56 GMT by
Yam Yehoshua
Exclusive: “Prop Trading Will Fall under Robust Regulation at Some Point”, CySEC Chair
- Dr. George Theocharides confirmed to Finance Magnates that “there will certainly be more scrutiny on [prop trading] firms in the near future.”
- He further pointed out that there will be “a lot of scrutiny across Europe” under MiCA and seeks judicial reform in Cyprus.
Tuesday, 16/07/2024 | 10:44 GMT by
Yam Yehoshua
Exclusive: Regulators Conducted Preliminary Reviews on Potential Prop Trading Regulations
- Finance Magnates has learned that the ESMA held a discussion around prop trading regulations.
- Muinmos' CEO reveals that regulators are "conducting studies, gathering data, and engaging in consultations" for possible prop regulations.
Friday, 31/05/2024 | 06:49 GMT by
Yam Yehoshua
Exclusive: Prop Trading Firm FTMO Halts US Client Acquisition amid MetaQuotes Crackdown
- The firm informed its clients about the migration to the new DXtrade platform.
- New traders attempting to register from a US IP address were unable to complete the registration form.
Sunday, 18/02/2024 | 13:10 GMT by
Yam Yehoshua
Exclusive: Trade.com Undergoes Management Buyout as Part of Restructuring Plan
- The ongoing restructuring involves launching new product lines and accelerating growth in new regions.
- The company will focus on Italy with its recently acquired CONSOB license, LATAM and emerging markets.
Wednesday, 29/11/2023 | 13:36 GMT by
Yam Yehoshua
Breaking: US Court Orders Release of Majority of My Forex Funds Founder's Assets
- Murtuza Kazmi will receive approximately $100 million, but $12 million remains frozen.
- The court upheld the "first impression evidence" submitted by the CFTC against My Forex Funds.
Tuesday, 14/11/2023 | 22:03 GMT by
Yam Yehoshua
Exclusive | CySEC's Chair: Regulators Should Be 'Careful' with AI
- In part 2 of our interview, Dr George Theocharides talks AI, fintech, and the FTX saga.
- The SEC's "aggressive stance" towards Binance and Coinbase is an attempt to create "a structure."
Thursday, 20/07/2023 | 09:00 GMT by
Yam Yehoshua
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