prop trading
Exclusive: “Prop Trading Will Fall under Robust Regulation at Some Point”, CySEC Chair
- Dr. George Theocharides confirmed to Finance Magnates that “there will certainly be more scrutiny on [prop trading] firms in the near future.”
- He further pointed out that there will be “a lot of scrutiny across Europe” under MiCA and seeks judicial reform in Cyprus.
Tuesday, 16/07/2024 | 10:44 GMT by
Yam Yehoshua
Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
- Italian Consob, along with FSMA and CNMV, is warning against proprietary trading.
- According to the institution, its growing popularity carries significant risks for investors and their capital.
Monday, 08/07/2024 | 08:11 GMT by
Damian Chmiel
Exclusive: Prop Trading Giant FTMO Strengthens C-Suite with New CFO and Head of Legal
- Radek Dyntar has been appointed as CFO and Eva Svobodová as the Chief Legal Officer.
- The appointments came as the firm is launching brokerage services and regulators are considering regulating prop trading.
Wednesday, 03/07/2024 | 07:00 GMT by
Arnab Shome
Prop Firm UWM Also Relaunches MetaTrader, Signaling Possible Industry Shift
- Four months ago, the prop companies switched to MetaTrader alternatives after MetaQuotes decided to ban US clients.
- However, on Saturday GFT relaunched it, and now UMW is following, signaling a potential market change.
Tuesday, 25/06/2024 | 09:27 GMT by
Damian Chmiel
Exclusive: Purple Trading's Prop Trading Brand Expands beyond Japan and Central Europe
- Fintokei now generates 75 percent of its business in Japan and the rest from a few central European countries.
- The brand now aims at broader Europe, Australia, and Southeast Asia.
Tuesday, 18/06/2024 | 06:07 GMT by
Arnab Shome
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