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Retail
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Illuminate the Future Spectrum: ATFX’s Vision for 2025
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
Futu Buys into Airstar Bank, Now Holds 44.1% Indirect Stake
2024-06-07T10:19:39.657+02:00
The firm has invested HKD440 million in Airstar Bank, becoming its second largest beneficial owner.
Earlier, its Moomoo App introduced 24-hour trading for US stocks in Singapore and Australia.
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Retail FX
ADSS Opens Up Trading for Abu Dhabi Exchange Listed Companies
2024-06-06T15:32:36.317+02:00
The firm now provides access to various local market sectors, including finance, energy, and telecom.
Regulated by the SCA, fund transfers are facilitated through UAEPGS and the Central Bank of the UAE.
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Retail FX
Public Teams Up with CLEAR to Simplify Identity Verification for Investors
2024-05-30T19:08:11.725+02:00
This collaboration aims to leverage CLEAR's expertise in identity verification to enhance Public's user experience.
It highlights CLEAR’s expansion, backed by its brand, regulatory knowledge, and 22 million users.
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Retail FX
TradingView Integration Expands Dhan's Offerings of Options Trading
2024-05-30T16:50:00.325+02:00
The integration across web, desktop, and mobile, facilitates cross-platform trading in stocks and futures.
TradingView has launched TradingView Options for modeling option spreads with customizable parameters.
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Executives
FinCom Bolsters DRC by Onboarding FastMT CEO
2024-05-28T14:02:54.586+02:00
Aytugan Khafizov's experience, with roles at Alpari and MetaQuotes, highlights his industry expertise.
FastMT aids brokers in improving trading systems, showcasing focus on advancing industry technology.
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Retail FX
CySEC Withdraws FXTM's CIF Authorisation Following Renunciation
2024-05-24T14:27:43.377+02:00
The authorisation was revoked on May 20, 2024, following the company's decision to renounce it.
The firm ceased operations under its Cypriot entity effective December 31, 2023.
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Retail FX
Bad Trader App Integrates TipRanks Data for Investment Research
2024-05-23T10:26:37.587+02:00
The app enhances user experience with comprehensive stock analysis tools for informed trading.
Users gain buy/sell insights through aggregated analyst ratings in the Analyst Ratings feature.
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Retail FX
Devexperts Unveils Enhanced DXtrade XT for Multi-Currency Trading
2024-05-22T13:28:07.021+02:00
The release introduces features enabling EU equity trading and expanded currency options.
Proprietary trading firms are switching to DXtrade platform as an alternative to MetaTrader.
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Retail FX
FCA Reveals Scammers Imitating Finalto Financial Services
2024-05-21T18:07:02.640+02:00
The FCA advises verifying the authenticity of financial firms to avoid falling victim to scams.
Engaging with the fraudulent firm means no financial protection services are available.
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Retail FX
Prop Trading Firm MyFlashFunding’s CEO Responds to Payout Concerns
2024-05-20T18:51:49.032+02:00
The CEO has stated that payout adjustments were required only once due to a technical issue.
He acknowledges a few cases where payouts were denied for clear violations of trading rules.
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Executives
Match-Trade Announces Appointment of New Head of Sales in Management Revamp
2024-05-15T12:45:33.349+02:00
Michael Nichols, formerly at the Sales division, now assumes the role of CCO at Match-Prime Liquidity.
Przemysław Wojtyna will now serve as Head of Sales at Match-Trade Technologies.
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Retail FX
Interactive Brokers Cashes in on US Interest Rate Surge
2024-05-14T14:52:18.967+02:00
Analyzing the annual results, Interactive Brokers saw 42% increase in total revenue, outpacing IG (5%), Saxo (11%), and Fidelity (12%).
Expanding into global markets, Nasdaq Copenhagen and the Prague Stock Exchange were added to the list of tradable options.
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Retail FX
CFI Reaches Record High: Trading Volume Surpasses $557 Billion in Q1
2024-05-14T14:41:46.269+02:00
The company reported 24% increase in trading volume compared to Q1 2023.
The firm's active client base surged by 80% compared to the preceding year's Q1.
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Retail FX
Swift Trader Enters Financial Commission's Fold as Approved Member
2024-05-14T11:25:50.231+02:00
The firm gains access to a range of services, including €20,000 protection per complaint.
The Financial Commission offers a resolution process for approved members and their clients.
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Executives
Freetrade CEO Adam Dodds Steps Down amidst Shifting Market Dynamics
2024-05-13T18:59:40.151+02:00
Dodds will remain a major shareholder, owning 12% of the company, but won't be involved in daily operations.
The firm aims to expand its offerings, including new products such as bonds and mutual funds, tax wrappers, and its web platform.
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Executives
PrimeX Broker's Mustafa Basil Announces Departure
2024-05-10T10:34:38.390+02:00
Basil held multiple roles at the broker, including Deputy General Manager and Marketing Manager.
Recently, the firm gained regulatory approval from the Financial Sector Conduct Authority in South Africa.
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FinTech
“60% of Clients Don't Trust Financial Institutions”: Fintech's Customer-Centric Shift
2024-05-09T12:50:14.835+02:00
A survey reveals 36% of participants have chosen 'Reputation and Track Record' as a significant influencer of trust.
Fintech firms use data analytics and AI to tailor services, cultivating loyalty through personalized experiences.
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Retail FX
Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch
2024-05-09T10:45:00.926+02:00
The joint offering provides White Label packages, liquidity bridge, risk management tools, server hosting, and KYC assistance.
SALVUS Funds aids brokers in securing specialized licenses, advising efficient choices for new firms.
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CryptoCurrency
Tradu Introduces New Crypto Exchange with Competitive Fees
2024-05-08T09:31:46.412+02:00
The exchange, part of Stratos Group International, offers over 40 coins including BTC and ETH.
The fee structure offers up to 95% savings, with commissions starting at 0.1%.
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Retail FX
Capital.com Hits $1.2 Trillion in Client Trading Volumes, Sees 53% Surge
2024-05-07T11:05:49.320+02:00
In Q1 2024, the firm saw trading volumes hit $337 billion, with active traders increasing by 17%.
Indices dominated trading, representing 79% of volumes, while commodities accounted 58%.
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Executives
eToro Welcomes Back Naomi Rarmani as Head of Compliance Operations
2024-05-07T10:21:53.567+02:00
Rarmani brings compliance and operational management experience from roles at Rapyd, Fundbox.
Earlier, at eToro, she ascended from Customer Care Representative to Compliance Team Leader.
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Retail FX
52% Acknowledge Parental Influence: Financial Legacies in Hong Kong
2024-05-03T11:41:35.896+02:00
Nearly half of Hong Kong adults defy parental financial habits, striving for financial stability.
74% learned money management from parents in childhood, linked to adult financial security.
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CryptoCurrency
ASIC Scores Legal Victory: BPS Financial Found Guilty in Qoin Wallet Case
2024-05-03T10:31:22.627+02:00
Further proceedings for penalty determination have been set for later in 2024.
According to the court, the firm misled consumers about the Wallet's registration, usage, and exchangeability.
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Retail FX
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
2024-05-02T17:56:46.862+02:00
Amid the uncertainty, 80% of UK retail investors value managing their investments for market agility.
81% prioritize seeking expert advice, indicating a shift towards traditional financial guidance.
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Retail FX
CFI Obtains Regulatory Approval for South African Operations
2024-05-02T12:51:28.896+02:00
The company has secured a Category 1 FSP license from the Financial Sector Conduct Authority.
The firm holds regulatory licenses from the UK, UAE, Cyprus, Jordan, and Egypt.
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