retail
39% of Retail Investment Firms Cite Excessive FCA Data Requests, Survey Shows
- Retail Banking and Digital Assets firms show the highest trust in FCA’s effectiveness at 71%.
- The survey includes responses from 25,000 firms across various financial sectors.
Wednesday, 23/10/2024 | 10:09 GMT by
Tareq Sikder
FCA Flags 38 Finfluencers amid Surge in Financial Scams Targeting Youth
- The regulator is questioning 20 finfluencers over potential illegal financial promotions.
- Two-thirds of 18- to 29-year-olds follow influencers, and most trust their financial advice.
Monday, 21/10/2024 | 23:01 GMT by
Tareq Sikder
Vantage's UK Revenue in FY24 Dips Marginally, but It Reduces Expenses
- "The increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability," Vantage UK's CEO.
- Operating profit fell to £76K, down from £197K the previous year.
Monday, 21/10/2024 | 10:44 GMT by
Tareq Sikder
FCA Plans Temporary Permissions for BNPL Firms Ahead of New Rules
- The regulator supports the government's plan to regulate BNPL and will introduce rules after legislation is finalized.
- Firms will have time to prepare for regulations, set to take effect 12 months after the legislation passes.
Thursday, 17/10/2024 | 16:07 GMT by
Tareq Sikder
Prop Trading: Axi Select Marks One Year, Attracting over 17K Traders
- The firm offers funding of up to $1 million USD and allows traders to retain 90% profits.
- The program is available to AxiTrader clients and is not accessible to residents of AU, NZ, EU, or the UK.
Thursday, 17/10/2024 | 10:49 GMT by
Tareq Sikder
Devexperts Names Ben Hurley as New CEO, Succeeding Michael Babushkin
- Hurley joined the firm in 2022 as Country Manager in Ireland and has experience in business optimization.
- The firm facilitates investor participation through fractional stock trading and leverages mobile platforms and AI.
Tuesday, 15/10/2024 | 11:45 GMT by
Tareq Sikder
CySEC Oversees 328 Companies as AUM Hits €9.4 Billion Despite Yearly Decline
- The regulator oversees 236 Externally Managed UCIs and 69 External Fund Managers, down from 334 last year.
- Total assets under management rose 2.88% in Q2 from the previous quarter but fell 12.8% Y-o-Y.
Tuesday, 15/10/2024 | 09:59 GMT by
Tareq Sikder
Tradu Partners with Data Intellect for Platform Launch After TradingView Deal
- The collaboration aims to provide 24/7 development and support for the multi-asset trading platform.
- Recently, Tradu has partnered with TradingView to provide clients access to charting tools.
Friday, 11/10/2024 | 09:56 GMT by
Tareq Sikder
MetaTrader 5 Releases Build 4620, Fixing MQL5 Bugs and Adding OpenBLAS
- The update fixes incomplete tick history retrieval and improves the autocompletion feature.
- MetaQuotes has launched a service recently that provides Nasdaq data and includes 20 years of tick history.
Thursday, 10/10/2024 | 15:50 GMT by
Tareq Sikder
Meme Stock 2024: DJT Gains Attention amid Retail Trading Surge
- Despite increased trading in GameStop and AMC, blue-chip stocks outperform in profitability, according to Capital.com.
- DJT, primarily owned by Donald Trump, closed at $16.50, up 2.04%, with pre-market trading at $16.88 on Oct 7.
Monday, 07/10/2024 | 17:01 GMT by
Tareq Sikder
Prop Trading: Dynamic Works and Brokeree Introduce Integrated CRM Solution
- The new module enables clients to select prop trading plans and complete deposits within their client area.
- The update includes SSO for direct access to prop trading accounts from the Syntellicore platform.
Monday, 07/10/2024 | 09:26 GMT by
Tareq Sikder
MetaTrader 5 Update Build 4585 is Set for Release: Key Fixes for MQL5 Program Stability
- This update follows build 4570, which improved the web terminal and added machine learning functions in MQL5.
- The MetaTrader 5 build 4380 update fixes Live Update issues and adds the Alt+X hotkey for quick access to Expert Advisors.
Thursday, 03/10/2024 | 15:47 GMT by
Tareq Sikder
Neex Signs On with FinCom as Approved Broker Member for Dispute Resolution
- Under this membership, FinCom will provide Neex's clients up to €20,000 protection per complaint.
- The organization recently appointed Aytugan Khafizov to its Dispute Resolution Committee.
Thursday, 03/10/2024 | 14:37 GMT by
Tareq Sikder
Centroid Integrates Scope Prime’s Liquidity Pools Through API Connection
- Scope Prime has integrated via Centroid Bridge, providing expanded access to deep liquidity pools.
- Recently, Centroid has collaborated with DXtrade to support the CFD white-label trading platform on Centroid Risk
Thursday, 03/10/2024 | 09:24 GMT by
Tareq Sikder
Trive Appoints Head of Sales, Bringing over Five Years of Industry Experience
- Sunny Lethyy was recently Director of Corporate Partnerships in Vietnam at a Financial company.
- Recently, Arkadius Materla has stepped into the role of CEO for the 'Trive Hub' division.
Wednesday, 02/10/2024 | 09:32 GMT by
Tareq Sikder
Direct Trading Technologies Appoints Former ATC Brokers Head of Business Development
- Isabella Mannucci worked remotely at INFINOX as an Institutional Sales representative.
- Earlier, she worked at Gold-i for over two years in an Institutional Sales role.
Tuesday, 01/10/2024 | 15:00 GMT by
Tareq Sikder
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