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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
PU Prime Gains Financial Commission Membership, Increasing EDR Services
- The firm's customers have access to various benefits, including protection of up to €20,000 per complaint.
- Founded in 2016, it offers trading in over 900 products, including forex, indices, commodities, shares, bonds, and ETFs.
Tuesday, 16/07/2024 | 13:52 GMT by
Tareq Sikder
Financial Commission Membership Expands Vantage Trading's Service Portfolio
- Membership grants Vantage Trading and clients access to up to €20,000 per complaint.
- The Financial Commission provides mediation services as an alternative to traditional processes.
Tuesday, 09/07/2024 | 10:57 GMT by
Tareq Sikder
Capital.com Names Campbell MacPherson as CEO for Australian Operations
- MacPherson’s career spans strategic leadership roles at FactSet, Glenmoira Consulting, and advisory positions at Jaaims and Caplin Systems.
- He holds a Bachelor of Agricultural Science with concentrations in Economics and Agronomy from the University of Melbourne.
Tuesday, 25/06/2024 | 12:42 GMT by
Tareq Sikder
CPT Markets UK Achieves £1.15 Million Turnover, Narrowing Operating Loss
- The firm saw revenue growth, with turnover increasing by 46.6% compared to the previous year.
- Despite higher turnover, increased administrative expenses led to an operating loss of £24,071 for the year.
Friday, 21/06/2024 | 10:48 GMT by
Tareq Sikder
Former MultiBank Sales Director Takes Helm as CEO at MHMarkets
- Chokri Houimli's experience includes roles at One Financial Markets, Alpari (UK) Ltd, and the National Bank of Umm Al Quwain.
- He served as Sales Director at MultiBank Group for over five years in Dubai.
Friday, 14/06/2024 | 12:50 GMT by
Tareq Sikder
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