Forex News | Finance Magnates

The platform received an in-principal Capital Markets license in Singapore recently.
It will offer zero commission and real-time pricing on the offered products.

Tuesday, 31/01/2023 | 07:14 GMT by Arnab Shome

Retail FX

Monex Reports Lower Revenues Due to TradeStation and Crypto Operations Net Loss

The company's total revenue fell by 16% in the last nine months of 2022.
TradeStation reports a net loss, but lower than in the same period a year earlier.

Monday, 30/01/2023 | 12:03 GMT by Damian Chmiel

Retail FX

FCA’s Financial Ombudsman Zahida Manzoor to Serve Second Term

Manzoor was initially appointed as an FOS Chair in 2019.
The second term of office lasts until 2025.

Monday, 30/01/2023 | 11:40 GMT by Damian Chmiel

Retail FX

ASIC Bans Bradford AI Director for Unlicensed FX Trading Services

Without holding an AFS license, the company allowed clients to trade FX CFDs.
It leased a trading bot and tapped the services of a CFDs broker.

Monday, 30/01/2023 | 07:37 GMT by Arnab Shome

Retail FX

Canadian Public Bank ATB Financial Onboards smartTrade’s FX Solution

smartTrade acquired Toronto-based TickTrade Systems in November 2021.
The technology provider said it is placing a strong focus on growth in 2023.

Thursday, 26/01/2023 | 19:17 GMT by Solomon Oladipupo

Thought Leaders

Finalto Adds Taiwan NDF to its Platform

Anyone considering trading the Asian market may be interested in the asset.

Wednesday, 01/02/2023 | 08:59 GMT by FM

Brokers

OvalX (Previously ETX Capital) Future in Doubt as Layoffs Begin

The company said there are ongoing talks of a possible merger or asset sale.
It noted "business as usual."

Thursday, 26/01/2023 | 10:54 GMT by Arnab Shome

Retail FX

IG Sees 10% Revenue Jump in H1 FY23, Extends Share Buyback Program

Its basic earnings per share came in 5 percent lower.
The company allocated an additional £50 million to the share buyback program.

Thursday, 26/01/2023 | 08:19 GMT by Arnab Shome

Retail FX

Devexperts Integrates DXtrade with AI-Chatbot Devexa

Traders can now seek support directly from the web trading terminal with the chatbot interface.
It will allow brokers to automate services and target traders with personalized messages.

Thursday, 26/01/2023 | 05:31 GMT by Arnab Shome

Retail FX

Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022

FinaCom expanded its global presence by 30% last year.
The organization also marked its fastest average resolution time since its founding.

Wednesday, 25/01/2023 | 20:09 GMT by Solomon Oladipupo

Retail FX

UK Charges Ex-Janus Analyst and 4 Others with £1.5M Insider Dealing

The FCA alleged that they traded CFDs on 49 companies with their insider info.
Southwark Crown Court will hold a hearing on the case on February 22, 2023.

Wednesday, 25/01/2023 | 15:15 GMT by Solomon Oladipupo

Retail FX

CySEC Finds 31% of Retail Investors Rely on Finfluencers

The regulator conducted a study to learn about retail investor behavior.
Twenty-two percent of investors made their decisions based on promotions and endorsements.

Wednesday, 25/01/2023 | 11:22 GMT by Arnab Shome

Thought Leaders

PayRetailers Appoints Philippe Laranjeiro as New Chief Commercial Officer

Laranjeiro joins PayRetailers with an impressive track record in the paytech sector.

Tuesday, 31/01/2023 | 10:16 GMT by FM

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