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Vantage's UK Revenue in FY24 Dips Marginally, but It Reduces Expenses
- "The increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability," Vantage UK's CEO.
- Operating profit fell to £76K, down from £197K the previous year.
Monday, 21/10/2024 | 10:44 GMT by
Tareq Sikder
Tradu Partners with Data Intellect for Platform Launch After TradingView Deal
- The collaboration aims to provide 24/7 development and support for the multi-asset trading platform.
- Recently, Tradu has partnered with TradingView to provide clients access to charting tools.
Friday, 11/10/2024 | 09:56 GMT by
Tareq Sikder
Neex Signs On with FinCom as Approved Broker Member for Dispute Resolution
- Under this membership, FinCom will provide Neex's clients up to €20,000 protection per complaint.
- The organization recently appointed Aytugan Khafizov to its Dispute Resolution Committee.
Thursday, 03/10/2024 | 14:37 GMT by
Tareq Sikder
Axi Enlists John Stones as Brand Ambassador Alongside Manchester City Renewal
- Stones, a defender for Manchester City and the England national team, has over 200 appearances and 13 trophies.
- The firm renewed its sponsorship with Manchester City and partnered with Girona FC and Esporte Clube Bahia.
Thursday, 19/09/2024 | 11:34 GMT by
Tareq Sikder
Prop Firm TradersWithEdge Brings Back MT5 with Trading Promotions
- The firm launches 2-for-1 deal on challenge accounts alongside MT5 reintroduction.
- Regulators, including ASIC, are increasing scrutiny on prop trading firms and CFD distribution channels.
Wednesday, 18/09/2024 | 09:21 GMT by
Tareq Sikder
Prop Trading Industry Is Divided on “Gamification” amid Consob's “Video Game” Remark
- Consob is concerned about the rise of prop trading firms and linked them to “video games.”
- One prop trading executive said, “I don’t really agree with the ‘video game’ label,” while another called Consob’s warning “necessary and timely.”
Wednesday, 04/09/2024 | 13:40 GMT by
Tareq Sikder
IUX Signs First Sports Partnership as Official Trading Partner of Fulham FC
- Founded in 2016, the firm offers currencies, stocks, indices, cryptocurrencies, and commodities.
- Recently, the firm rebranded from IUX Markets, introducing a new logo and domain.
Tuesday, 03/09/2024 | 09:51 GMT by
Tareq Sikder
FCA Slaps £276K Fine on FXTB for Unauthorised Investment Advice
- Customers were pressured into CFD trading and encouraged to borrow from friends and family, FCA claims.
- The initial fine of £1.21 million was reduced due to FXTB's demonstration of serious financial hardship.
Wednesday, 14/08/2024 | 09:56 GMT by
Tareq Sikder
Axi and Girona FC Extend Their Winning Streak with New Two-Season Deal
- The Penalty Challenge featured Girona players showing off their football and trading skills.
- The firm also partners with Manchester City FC, Manchester City Women, and Esporte Clube Bahia.
Monday, 12/08/2024 | 12:06 GMT by
Tareq Sikder
Fund Managers Extend Hedging and Automation amid FX Volatility: 65% Increase Tenors
- A stronger dollar has negatively affected returns and increased operational costs for 83% of fund managers
- 79% of fund managers are now hedging forecastable currency risk, with average hedge ratios and tenors increasing.
Thursday, 08/08/2024 | 12:49 GMT by
Tareq Sikder
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