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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
RoboMarkets Debuts Trading API for R StocksTrader, Supporting Algorithmic Trading
2024-08-23T12:45:54.930+02:00
The firm removes all order placement fees on R StocksTrader starting September 2, 2024.
The platform features over 150 stocks, including Reddit Inc., Artiva Biotherapeutics, Asana, and Y-mAbs Therapeutics.
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Retail FX
Interactive Brokers Rolls Out CHF Bonds and Extends Trading Hours
2024-08-22T16:40:39.140+02:00
Clients can access more liquidity for European Government Bonds and UK Gilts on the platform.
The firm offers bonds in USD, EUR, GBP, CAD, and HKD, alongside stocks and other assets.
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Retail FX
VT Markets and Newcastle United Kick Off New Partnership
2024-08-16T14:26:23.868+02:00
The club and the firm exchanged tokens of appreciation, including a ‘77’ jersey.
The ceremony was held at Saitama Stadium on July 31.
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Retail FX
Breaking: TipRanks Lands in Prytek’s Hands with $200M Deal
2024-08-15T13:33:04.672+02:00
TipRanks, founded in 2012, delivers data insights to over 50 million investors monthly.
Prytek first invested in TipRanks in 2017 and has now decided to fully acquire the company.
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Retail FX
Investors Gain Round-the-Clock Access to US Stocks with Interactive Brokers' CFD Offering
2024-08-15T11:49:26.442+02:00
New CFDs on US equities offer 24/5 access to over 3,500 stocks and ETFs.
CFDs on US stocks now available with lower margin requirements and no borrowing costs.
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Retail FX
FCA Slaps £276K Fine on FXTB for Unauthorised Investment Advice
2024-08-14T11:56:21.135+02:00
Customers were pressured into CFD trading and encouraged to borrow from friends and family, FCA claims.
The initial fine of £1.21 million was reduced due to FXTB's demonstration of serious financial hardship.
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Executives
Scope Markets Taps Doo Group Veteran as Global Head Business Development
2024-08-14T10:24:43.264+02:00
Fraser Nelson held various positions at Doo Group, including serving as Head of Institutional Clients.
The appointment follows Scope Markets' recent rebrand to enhance global market accessibility.
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Retail FX
ASIC Sues ASX over Allegedly Misleading CHESS Project Statements
2024-08-14T08:03:27.674+02:00
ASX’s misleading statements damaged market trust and had broad impacts, claims ASIC.
This case follows a recent $1,050,000 penalty imposed on ASX by ASIC in March 2024.
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Retail FX
Swissquote Reports 19% Revenue Growth: “Record Client Assets” of CHF 68 Billion
2024-08-13T07:34:06.250+02:00
The company’s pre-tax profit for H1 surged 35.9% to CHF 169.7 million.
The firm has raised its 2024 pre-tax profit target to CHF 320 million.
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Retail FX
Axi and Girona FC Extend Their Winning Streak with New Two-Season Deal
2024-08-12T14:06:39.976+02:00
The Penalty Challenge featured Girona players showing off their football and trading skills.
The firm also partners with Manchester City FC, Manchester City Women, and Esporte Clube Bahia.
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Retail FX
Prop Firm FXIFY Faces MetaQuotes Ban: US MetaTrader Access Ending
2024-08-12T11:18:04.746+02:00
The firm is to move US traders to DX due to MetaQuotes' directive.
The firm plans to launch FXIFY Futures soon, expanding its product range.
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Retail FX
Fund Managers Extend Hedging and Automation amid FX Volatility: 65% Increase Tenors
2024-08-08T14:49:16.776+02:00
A stronger dollar has negatively affected returns and increased operational costs for 83% of fund managers
79% of fund managers are now hedging forecastable currency risk, with average hedge ratios and tenors increasing.
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Retail FX
Webull Becomes First Brokerage in Thailand to Offer 24-Hour US Trading
2024-08-05T14:05:02.010+02:00
The feature offers access to over 15,000 US stocks, ETFs, and options.
The firm introduces 24-hour trading following launches in 15 regions worldwide.
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Retail FX
ASIC and Vietnam’s SSC Formalize Regulatory Partnership with New MoU
2024-08-05T10:14:09.496+02:00
The MoU is part of a capacity-building program funded by DFAT through the Mekong Australia Partnership.
It aims to enhance technical cooperation, information sharing, and market transparency.
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Retail FX
Markets.com Partners with Worldpay to Enhance Online Payment Transactions
2024-08-02T14:33:02.503+02:00
The collaboration aims to improve the trading process for Markets.com’s 4.7 million users.
Worldpay’s processing capabilities will support trading platforms across 146 countries.
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Brokers
StoneX Makes Waves with Montreal Exchange and ASX Membership
2024-08-01T18:34:12.823+02:00
The firm allows clients to exploit CME–TMX spread opportunities following its TMX entry.
The new status has followed the entry as a member of the ASX in April 2024.
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Brokers
Futu Begins Bitcoin and Ether Trading amid Hong Kong’s Push for Crypto Hub
2024-08-01T14:22:54.088+02:00
The firm is seeking a crypto exchange license for its new platform, PantherTrade.
Tiger Brokers started offering crypto trading in May after a license upgrade.
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Executives
NAGA's Sam Chaney Leaves Role as Chief Commercial Officer
2024-07-30T14:25:56.473+02:00
Chaney held roles at INFINOX Global, Hantec Markets, and OANDA Europe earlier.
He steps down to pursue new career opportunities, with details not yet shared.
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Retail FX
Trade Nation and TradingView Unite to Trade Forex, Indices, and Commodities
2024-07-30T11:09:39.385+02:00
The integration offers CFD and spread trading on 1,000+ markets with zero commissions.
Earlier, ThinkMarkets and Capital.com joined TradingView to enhance their offerings.
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Bybit Rolls Out MetaTrader 5 for Crypto, Forex, and CFDs in August
2024-07-29T15:35:37.954+02:00
No minimum deposit is required; deposits will be credited automatically to the Funding Account.
Once launched in August, the MT5 Account will support deposits only in USDT.
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Retail FX
Prop Trading Firm OANDA Prop Trader Makes Its Way to South Africa
2024-07-27T16:06:15.919+02:00
South African traders can now earn up to 90% profit share by completing a Challenge.
Qualified traders will act as signal providers for OANDA's market positioning.
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ThinkMarkets Teams Up with TradingView to Bring Trading to Desktops
2024-07-26T12:14:03.611+02:00
Users can now trade with the broker’s accounts directly on TradingView.
Recently, the firm launched a prop trading brand named ThinkCapital.
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UK’s FCA Gives Green Light to Kuwait-Based Broker NCM
2024-07-25T16:12:30.214+02:00
Consumers dealing with the firm may be eligible for protections under the FSCS.
The firm also operates in Jordan, Turkey, Malaysia, and the UAE.
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Retail FX
Saxo Bank Initiates Strategic Review Led by Major Shareholders
2024-07-18T14:44:10.644+02:00
The firm manages assets exceeding DKK 800 billion from over 1.2 million clients.
Goldman Sachs has been enlisted to advise during the strategic review process.
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Retail FX
Prop Trading Firm The Trader Forge Pauses Operations over “Compliance Challenges”
2024-07-17T13:12:04.681+02:00
The CEO announced a temporary halt, planning to relaunch in early August.
Past mistakes impacted the firm’s reputation, and the CEO took responsibility.
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