prop trading
My Forex Funds Era: "Simulated" and "Virtual" Are The New Safe Words for Prop Trading
- Many prop trading platforms have changed their website's wording after the charges filed in the US against My Forex Funds
- They want to highlight their "challenges" on a demo trading platform.
Friday, 29/09/2023 | 13:30 GMT by
Arnab Shome
My Forex Funds and Deel Scandal as a Game-Changing Market Trend: Compliance First
- Deel's decision to cease services to My Forex Funds shows a new trend of prioritizing compliance.
- The market's long-awaited move since the outcry of binary options has nullified the usual tech supplier excuse.
Friday, 29/09/2023 | 11:21 GMT by
Ella Rosenberg
Exclusive: My Forex Funds Claims CFTC “Mischaracterized” Its Tax Payments to Freeze Assets
- The prop trading firm filed a motion yesterday, seeking modification of the statutory restraining order.
- My Forex Funds records show two pre-authorized payments of $27,000,000 CAD and $4,500,000 CAD, which the CFTC flagged.
Wednesday, 27/09/2023 | 19:02 GMT by
Arnab Shome
Exclusive: My Forex Funds Claims It "Didn’t Defraud Traders"
- The company shared with Finance Magnates the first detailed public comment, stating that the allegations are "grossly inaccurate".
- Alex Spiro and team from Quinn Emanual retained to represent My Forex Funds against CFTC allegations.
Thursday, 21/09/2023 | 13:30 GMT by
Arnab Shome
Prop Trading and My Forex Funds: Regulatory Crossroads in the Wake of the Deel Scandal
- Unlike its American counterparts, the EU is busy with Ukraine, pushing down its priority for financial services.
- Dubai's new crypto regulatory framework for propriety trading has demonstrated itself to be both accessible and enduring.
Tuesday, 19/09/2023 | 13:30 GMT by
Ella Rosenberg
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