retail
Kohl’s Fires CEO for Inappropriate Vendor Ties—Wall Street Cheers
- Kohl’s fired CEO Ashley Buchanan for conduct tied to vendor relationships.
- The company’s stock price jumped after the news, suggesting Wall Street isn’t mourning.
- Missteps are now a buy signal. Depressing, but great for the bottom line.
Friday, 02/05/2025 | 07:06 GMT by
Louis Parks
Morgan Stanley to Add Crypto Trading on E*Trade as Fed Eases Restrictions
- The bank may partner with crypto firms to develop infrastructure, with a possible launch next year.
- Charles Schwab and SoFi are also exploring or expanding crypto trading options.
Thursday, 01/05/2025 | 12:42 GMT by
Tareq Sikder
FCA Warns Tech Firms Not Doing Enough to Stop Illegal Forex Finfluencers
- The regulator urges a rise from two to five years for promoting unauthorised financial schemes.
- Recently, the regulator charged individuals for promoting unauthorised forex schemes, with trials set for 2024 and 2027.
Thursday, 01/05/2025 | 09:35 GMT by
Tareq Sikder
FCA Launches AI Testing and Sandbox for Forex, Commodities, and Other Financial Sectors
- The regulator launched PASS to assist cryptoasset, payments, and wholesale firms entering the UK market.
- Independent research shows firms in FCA sandboxes are more likely to secure funding and stay operational.
Tuesday, 29/04/2025 | 16:01 GMT by
Tareq Sikder
LCG UK Returns to Profit with £478K in 2024, Rebounding from £6M Loss
- The firm returned to operational profitability in H2 2024, as shared by its Managing Director.
- Earlier, the company reported a 25% increase in revenue for 2022, reaching under £2 million.
Monday, 28/04/2025 | 13:13 GMT by
Tareq Sikder
FINRA Fines US Tiger $250K and TradeUP $700K for AML and Communication Retention Issues
- The firms violated FINRA rules by using a messaging platform that deleted communications early.
- From 2019 to 2023, the firms' AML programs missed suspicious transactions and lacked foreign account due diligence.
Monday, 28/04/2025 | 12:20 GMT by
Tareq Sikder
Tickmill Integrates KYC and AML Tools as Sumsub Expands with Chainalysis
- The broker will use facial biometrics, document checks, and AML screening for faster account activation.
- Recently, Sumsub partnered with Chainalysis to provide KYC, AML, and transaction monitoring solutions.
Friday, 25/04/2025 | 09:31 GMT by
Tareq Sikder
Public Joins Aston Martin Aramco F1; Launches Fractional Bond Trading
- The partnership features branding on the AMR25 halo during races in Miami, Austin, and Las Vegas.
- Aston Martin Aramco has also taken an equity stake in Public as part of the agreement.
Thursday, 24/04/2025 | 15:53 GMT by
Tareq Sikder
50% of Swiss Financial Firms Use AI, FINMA Survey of 400 Institutions Shows
- 91% of AI users rely on generative tools and third parties, raising outsourcing concerns.
- The regulator will oversee AI use under a “same business, same risks, same rules” approach.
Thursday, 24/04/2025 | 12:37 GMT by
Tareq Sikder
Prop Firms and Broker Offerings Enhanced by Centroid’s EAERA Alliance and Match-Trader Risk Integration
- Brokers will gain access to 300+ liquidity connections, smart order routing, and multi-platform support.
- Centroid has also integrated its risk analytics system with Match-Trader for brokers and prop firms.
Thursday, 24/04/2025 | 09:47 GMT by
Tareq Sikder
FCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?
- The regulator has launched 'My FCA' to centralise regulatory tasks with a single sign-in system.
- Firms may omit specific returns during consultation without facing any submission penalties.
Wednesday, 16/04/2025 | 09:53 GMT by
Tareq Sikder
CySEC Reports €10.1 Billion in AUM as Cyprus-Based Funds Hold 75% Share in Q4 2024
- The regulator supervised 321 fund entities, with most assets managed by AIFMs.
- Key sectors included shipping, which saw €709 million in investments, energy with €496 million, and fintech with €258 million.
Tuesday, 15/04/2025 | 10:49 GMT by
Tareq Sikder
Hantec Markets UK Returns to Profit in 2024 as Equity Rises to £5.5 Million
- The UK unit reported a £72K profit in 2024, reversing a loss from the previous year.
- The company recently launched InsightPro, offering AI-powered trading signals and real-time trends.
Monday, 14/04/2025 | 11:36 GMT by
Tareq Sikder
CySEC Informs Firms as EU Commission Targets T+1 Securities Settlement by 2027
- The regulator issued a circular to CIFs, trading venues, and fund managers, outlining the changes.
- At CySEC, a governance structure, including a T+1 committee and workstreams, will be established to manage the transition.
Thursday, 10/04/2025 | 16:36 GMT by
Tareq Sikder
With Girona FC Deal Extended, Axi Confirms Two-Season Renewal with Esporte Clube Bahia
- The broker's renewed deal with Bahia includes logo placement on the players’ shorts.
- City Football Group’s 90%-owned Bahia qualified for Libertadores; deal terms with Axi undisclosed.
Thursday, 10/04/2025 | 09:30 GMT by
Tareq Sikder
Prop Firm BrightFunded Integrates cTrader Platform; Spotware Expands to Malaysia
- With cTrader, BrightFunded introduces an additional platform also used by other prop trading firms.
- cTrader supports 23 languages, runs on all major devices, and offers over 70 indicators.
Wednesday, 09/04/2025 | 15:01 GMT by
Tareq Sikder
RoboMarkets Adds 1,160 Stocks and ETFs to R StocksTrader as EU Operations Restructure
- The company has added US, European, and UCITS stocks to the R StocksTrader platform.
- The firm has updated trading terms, including zero commission on European stocks and ETFs, and UCITS ETFs for retail clients.
Wednesday, 09/04/2025 | 09:59 GMT by
Tareq Sikder
Following Match-Trade Integration, Centroid Partners with BlackArrow on Trading Tools
- The BlackArrow partnership integrates Bridge and Risk tools for execution and risk management.
- Recently, Centroid integrated Centroid Risk with the Match-Trader platform by Match-Trade Technologies.
Tuesday, 08/04/2025 | 16:20 GMT by
Tareq Sikder
Financial Commission Approves OFinancial.Markets Membership for EDR Access
- OFinancial.Markets provides trading in forex, commodities, stocks, indices, and cryptocurrencies.
- The broker now offers clients access to third-party dispute resolution and up to €20K compensation per complaint.
Tuesday, 08/04/2025 | 09:19 GMT by
Tareq Sikder
Declining Turnover of £1.8 Million and Higher Expenses Lead to Loss for ThinkMarkets UK in 2024
- The company's turnover decreased by 25%, falling to £1.8 million from £2.4 million in 2023.
- The firm's administrative expenses rose, resulting in an operating loss of £56,507.
Monday, 07/04/2025 | 10:34 GMT by
Tareq Sikder
INFINOX Sponsors Porsche Cup Brazil Following Casagrande's Appointment as Brand Ambassador
- The first race featuring INFINOX branding took place at Autódromo Velocitta.
- The partnership includes branding, VIP experiences, media content, and business networking.
Wednesday, 02/04/2025 | 15:29 GMT by
Tareq Sikder
PRA Proposes Raising FSCS Deposit Protection Limit to £110K for CFD Traders
- The FSCS has paid over £20 billion in compensation, mostly due to the 2008 financial crisis.
- The proposal to raise the protection limit from £85K to £110K may take effect in December 2025.
Monday, 31/03/2025 | 11:43 GMT by
Tareq Sikder
CFI Launches CFI Prime for Institutional Traders; Partners with Kuwait Basketball Association
- CFI Prime offers deep liquidity pools, various asset classes, and low-latency execution hubs.
- The platform provides customizable trading platforms with high-speed infrastructure and compliance.
Friday, 28/03/2025 | 11:30 GMT by
Tareq Sikder
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