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Dukascopy Money Market Products Offer Competitive Rates for USD, GBP, and EUR
- The firm launches products with rates up to 5.7% for USD, 5.45% for GBP, and 4.03% for EUR.
- Certain clients receive up to 50% off maintenance fees on new money market investments.
Friday, 01/11/2024 | 17:47 GMT by
Tareq Sikder
Financial Commission Drops DeltaFX from Membership over “Rule Violations”
- The firm’s clients can no longer claim compensation through the Financial Commission.
- The Compensation Fund is available only to members' clients, based on the Committee's rulings.
Friday, 01/11/2024 | 09:22 GMT by
Tareq Sikder
Return to the Trading Desk? 35% of Internet Users Wish to Disappear from the Web
- NordVPN and Incogni's survey noted that the main concern driving this trend is financial data security, with 45% of respondents citing fear of hacking.
- Millennials and Gen Z are the most inclined to want to disappear from the web.
Wednesday, 30/10/2024 | 13:54 GMT by
Jared Kirui
Exclusive: Daman Markets Partners with Dubai Racing Club as Official Event Sponsor
- The contract signing as the Official Event Partner during the 2024–25 racing season took place at Meydan Racecourse.
- The sponsorship may enable horse tokenization, combining horse racing with new investment opportunities.
Thursday, 24/10/2024 | 10:42 GMT by
Tareq Sikder
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
Prop Trading: Dynamic Works and Brokeree Introduce Integrated CRM Solution
- The new module enables clients to select prop trading plans and complete deposits within their client area.
- The update includes SSO for direct access to prop trading accounts from the Syntellicore platform.
Monday, 07/10/2024 | 09:26 GMT by
Tareq Sikder
ZaraFX Rebrands as Zarvista Capital Markets to Align with Growth Objectives
- The rebranded firm will continue to offer the same services and objectives as ZaraFX.
- The firm recently appointed a Chief Business Development Officer and completed its Series A funding round, totaling $2 million.
Monday, 30/09/2024 | 09:19 GMT by
Tareq Sikder
Trading Firms Face New Workplace Reality: 35% of Employees Push for Reduced Market Hours
- Flexibility remains a key issue, as many employees struggle to take breaks or manage personal responsibilities.
- Firms offering hybrid or flexible work arrangements have higher employee satisfaction.
Friday, 27/09/2024 | 13:23 GMT by
Jared Kirui
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
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