Preview Mode
Latest
Navigating Europe's Crypto Tax Evolution: Strategies for Wealth Preservation and Growth
- Investors are exploring more favorable regimes.
Monday, 16/12/2024 | 15:57 GMT by
FM
SEC Adds 20 Firms to Public Alert List, Cites Rising Investment Fraud Concerns
- The new entities on the PAUSE list include 14 firms accused of deceptive practices and two impersonating legitimate companies.
- The SEC has identified entities impersonating actual securities firms and government regulatory bodies.
Wednesday, 27/11/2024 | 19:12 GMT by
Jared Kirui
9 in 10 UK and US Firms Overhaul FX Hedging Plans Following Donald Trump’s Election Win
- MillTechFX’s quarterly report revealed that more firms are increasing hedge ratios and extending hedge durations to manage currency risks.
- UK companies reportedly show greater optimism about the economic environment under Trump than their US counterparts.
Wednesday, 27/11/2024 | 17:55 GMT by
Jared Kirui
EXANTE Targets UAE Market with New Office in Dubai International Financial Center
- The company will now provide trading solutions across various markets in the region.
- EXANTE is reportedly regulated in multiple jurisdictions, including the UK, Hong Kong, Cyprus, Malta, and the UAE.
Wednesday, 27/11/2024 | 15:12 GMT by
Jared Kirui
CySEC Withdraws IFCM Cyprus License Following Voluntary Renouncement
- The regulator confirmed no judicial reviews or additional rulings were involved in the license withdrawal.
- Meanwhile, CySEC is accepting CASP licence applications for MiCA assessment.
Wednesday, 27/11/2024 | 14:15 GMT by
Tareq Sikder
Capital.com Becomes “First Fintech” to Collaborate with Amazon in the UAE
- Over 500,000 Amazon customers in Dubai will receive Capital.com boxes with a chance to win AED 1 million.
- The firm launches a Q4 marketing campaign, featuring a partnership with Amazon and Emirates advertising.
Wednesday, 27/11/2024 | 12:28 GMT by
Tareq Sikder
FCA Begins £1 Trillion Market Reform That May Affect Every UK Investor
- FCA launches consultation to transfer EU investment firm rules into its handbook, preparing for future reforms.
- The overhaul affects thousands of UK firms and traders and marks a key step in post-Brexit regulation modernization.
Wednesday, 27/11/2024 | 10:34 GMT by
Damian Chmiel
X Open Hub Expands Multi-Asset Liquidity Horizons
- What does it mean for brokers?
Monday, 16/12/2024 | 15:32 GMT by
FM
This Prop Firm’s $85M Vanished Overnight amid Allegations of a Potential Scam and Cloning
- FundedFirm faces serious claims, including reportedly falsifying traders' payouts, reaching $95M
- The company's website appears to be largely copied from FundedNext, another popular prop firm.
Wednesday, 27/11/2024 | 10:10 GMT by
Damian Chmiel
CFD Popularity in Singapore Hits Lowest Since 2019, Retail Traders Turn to Prop Trading
- While 73,000 investors are still interested in CFDs, only half stayed active in 2024.
- The market evolution is marked by prop firms, transparency, and lower costs.
Wednesday, 27/11/2024 | 08:54 GMT by
Damian Chmiel
ViewTrade Rebrands Tech Unit as $339 Billion Trading Flow Surges
- The company renames its technology division Orbis Systems and announces new hires across Asia and the Middle East.
- It also reports $339 billion in year-to-date trade flow and manages over $22 billion in assets.
Wednesday, 27/11/2024 | 07:58 GMT by
Damian Chmiel
FCA Reduces Enforcement Timelines by Nearly 70%, Targets Financial Crime and Innovation
- The regulator mentioned that recent cases were closed in 13 months from the previous average of 42 months.
- The FCA is now exploring digital identity tools to streamline anti-money laundering processes without compromising security.
Tuesday, 26/11/2024 | 17:29 GMT by
Jared Kirui
FINRA Licenses Netcapital as Broker-Dealer
- The approval allows Netcapital to syndicate deals and offer more extensive fundraising options.
- The company now aims to democratize private equity investment by using its fintech platform to improve online fundraising.
Tuesday, 26/11/2024 | 15:11 GMT by
Jared Kirui
CentFx Announces New Crypto-Focused Products
- CentFX also confirmed an upcoming integrated Crypto Exchange and receives an award.
Monday, 16/12/2024 | 13:04 GMT by
FM
This 20-Something Trader Outsmarted a Global Bank's Risk System, And Cost Them $58 Million
- Macquarie Bank's London branch employee, Travis Klein, evaded detection for 20 months despite multiple controls in place.
- The FCA fined MBL £13m for control failures that enabled a junior trader to hide millions in losses through fictitious trades.
Tuesday, 26/11/2024 | 10:22 GMT by
Damian Chmiel
dxFeed Collaborates with Hybrid Trading Firm to Improve Market Data Access
- The partnership involving Tickblaze aims to address high data fees and technical complexities.
- Tickblaze, originally focusing on institutional clients, has expanded its offerings to retail traders.
Monday, 25/11/2024 | 17:42 GMT by
Jared Kirui
cTrader 5.0 Launches with New Algo API, Cloud Integration, and Mobile Support
- New Plugins Enhance Flexibility with Third-Party Integrations and UI Customization.
- Mobile users can customize indicators, while Web supports real-time order tracking and strategy embedding.
Monday, 25/11/2024 | 12:22 GMT by
Tareq Sikder
Gold Price Today Surges Past $2,700, Setting Historic Weekly Gains
- Gold prices jumped amid geopolitical tensions, marking the best weekly gain since March 2023.
- Safe-haven demand outweighs the strong dollar as the Russia-Ukraine conflict escalates, pushing gold price today up $170.
Saturday, 23/11/2024 | 09:34 GMT by
Damian Chmiel
Kama Capital Leads the Charge, wins Entrepreneur’s “Fintech of the Year”
- Kama Capital leads the charge in a new generation of brokers.
Monday, 16/12/2024 | 12:00 GMT by
FM
Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More
- Also this week, the SEC confirmed that Gary Gensler will step down on Jan. 20; eToro secured a New York license, while Italy's lawmakers rejected crypto tax hikes. Meanwhile, Revolut launched UK and EU stock trading, while CySEC canceled a few licenses.
Saturday, 23/11/2024 | 03:00 GMT by
Jared Kirui
SEC Fines Webull, Two Broker-Dealers for Compliance Failures
- Lightspeed Financial Services Group, Paulson Investment Company, and Webull Financial agreed to pay the regulator a total of $275,000.
- The three firms reportedly failed to meet filing standards for suspicious activity reports.
Friday, 22/11/2024 | 19:05 GMT by
Jared Kirui
See more
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}