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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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CryptoCurrency
ASIC Scores Legal Victory: BPS Financial Found Guilty in Qoin Wallet Case
2024-05-03T10:31:22.627+02:00
Further proceedings for penalty determination have been set for later in 2024.
According to the court, the firm misled consumers about the Wallet's registration, usage, and exchangeability.
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Retail FX
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
2024-05-02T17:56:46.862+02:00
Amid the uncertainty, 80% of UK retail investors value managing their investments for market agility.
81% prioritize seeking expert advice, indicating a shift towards traditional financial guidance.
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Retail FX
CFI Obtains Regulatory Approval for South African Operations
2024-05-02T12:51:28.896+02:00
The company has secured a Category 1 FSP license from the Financial Sector Conduct Authority.
The firm holds regulatory licenses from the UK, UAE, Cyprus, Jordan, and Egypt.
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Retail FX
FCA Approval Expands Stratiphy's Retail Offerings with Customized Portfolios
2024-05-01T10:46:58.736+02:00
The firm has become FCA's first approved independent wealth manager for retail client investments.
It now can offer tailored portfolios to retail investors, diverging from tradition and unlocking growth.
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Executives
Elena Kupriianova Lands as Chief Marketing Officer at Spotware
2024-04-30T11:47:27.565+02:00
With experience at Soula, CFI Dubai, and Ornament Health AG, Kupriianova brings diversity to her new role.
Earlier, Spotware introduced cTrader Desktop for Mac, a trading app designed for macOS users.
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Retail FX
South African Cricketer Brings '360-Degree Proficiency' to Markets4you as Brand Ambassador
2024-04-30T11:06:45.910+02:00
The collaboration integrates cricket insights into trading strategies, emphasizing trader enablement.
AB de Villiers, a cricket legend is known for his versatile batting and game-changing performances.
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Retail FX
Devexperts Checks Off Type 2 SOC 2 Audit for Enhanced Data Security
2024-04-25T11:29:42.948+02:00
After completing its Type 1 SOC 2 audit last year, the firm has progressed in data security with the Type 2 audit.
Soc 2 Type 2 audits evaluate control effectiveness over a 3 to 12-month period.
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Retail FX
FxGrow Chooses Integral's SaaS Solutions for Trading Infrastructure
2024-04-24T10:21:25.856+02:00
Integral's platform integration enhances FxGrow's trading capabilities at a fixed cost.
FxGrow offers trading FX, metals, energy, indices, commodities, CFDs, and cryptocurrencies.
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Retail FX
FCA Acts: Kent Resident Faces £2.67M Investment Scheme Charges
2024-04-23T16:45:52.998+02:00
The allegations center around involvement in an unauthorized investment scheme named 'Kube Trading'.
The FCA has planned to enhance transparency by divulging more about its investigations into companies earlier.
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Executives
Exclusive: Deriv Embraces Dual Leadership with Co-CEO Appointment
2024-04-23T11:12:18.481+02:00
Rakshit Choudhary previously held the position of Chief Operating Officer at the same firm.
The firm previously launched Deriv Prime to address liquidity challenges with solutions.
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Retail FX
Leverate Stripped of ICF Membership and CIF Authorization by CySEC
2024-04-22T15:22:37.758+02:00
Withdrawal of ICF membership doesn't impact clients' past compensation rights.
ICF membership was withdrawn due to revoking CIF authorization on December 4, 2023.
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Executives
Jareer Hiary Takes Helm as CEO in CFI UAE's Leadership Transition
2024-04-22T11:20:22.546+02:00
Hiary joined the CFI Group in 2018, beginning in the Jordanian division.
Formal approval of his CEO appointment awaits final regulatory clearance.
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Retail FX
Prop Trading Firm True Forex Funds Introduces Match-Trader as Secondary Trading Platform
2024-04-19T15:45:42.957+02:00
The platform is currently available in specific countries, including Germany, Austria, Sweden, and Hungary.
The firm faced disruption when MetaQuotes revoked its MT4 and MT5 licenses.
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Orfinex Adds Financial Commission's Membership for Dispute Resolution
2024-04-18T14:36:42.139+02:00
The firm can now leverage mediation and reinforce regulatory compliance and client support.
The company is regulated by the Financial Sector Conduct Authority in Australia.
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Retail FX
Acuity Trading and Excent Capital Partner for Market Analytics Integration
2024-04-16T15:47:16.050+02:00
The clients gain access to market research and signals, merging AI technology with expert analysis.
Acuity Trading and FXBackOffice partnered to improve user experience and support business operations earlier.
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FP Markets Broadens Portfolios with Expanded Commodity Selection
2024-04-16T14:34:28.444+02:00
The firm has expanded its offerings with Brent Oil, Cotton, and Sugar Futures CFDs.
Earlier, the firm partnered with TradingView for charting solutions across financial instruments.
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Retail FX
Freetrade Achieves Breakeven: £100,000 EBITDA amid £8.3 Million Loss Recovery
2024-04-15T14:00:12.198+02:00
Despite previous losses, the firm reported £6.7 million in revenue.
In the first quarter of this year, Freetrade saw net inflows totalling £130 million.
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Executives
Taurex's Head of LATAM Jeffrey Navarro Announces Departure
2024-04-12T16:17:13.688+02:00
Navarro led Taurex's LATAM division for over 2 years, contributing to its regional growth.
The firm previously concluded its Series B funding round securing $15 million.
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Interactive Brokers Introduces New Services Catering to US Hedge Funds
2024-04-11T17:18:25.524+02:00
The firm has launched two new services, High Touch Prime Brokerage and Global Outsourced Trading.
High Touch Prime Brokerage clients gain access to IBKR Outsourced Trading desks in Europe and Asia.
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CFI Notes Role as Partner in Saudi Super Cup's Abu Dhabi Inauguration
2024-04-05T10:58:54.715+02:00
The firm's advertisements, logos, and commercials will be positioned to enhance visibility and engagement.
Earlier, the firm partnered with PSG, AC Milan, Sheffield United F.C., and the Jordan Football Association.
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Retail FX
Risk Management Needn’t Be Risky Business: Lessons from Retail and Institutional Trading
2024-04-03T19:11:52.067+02:00
Initiating risk management practices should mark the beginning, not the culmination, of a broker's strategy.
With the right tools and training, one unified team is key for effective trading risk management.
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XTB Surpasses One Million Customer Milestone amidst Fintech Expansion
2024-04-03T11:47:20.643+02:00
After expanding its offerings, XTB has seen its clientele double since late 2021.
The firm's 'Social' service lets users track expert and personal investment strategies.
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Notesco Agrees to €100,000 Settlement with CySEC over Compliance Issue
2024-04-02T13:27:45.259+02:00
Following an inspection conducted in 2023, CySEC decided to settle on January 29, 2024.
The regulator stressed settlements require suspicion of violation, with no judicial review indication.
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Convrs Platform Enhances Business Communication for The Trading Pit
2024-04-01T15:34:10.793+02:00
The Convrs Solution offers real-time monitoring and management, enhancing visibility into sales conversations.
It records to address regulatory concerns and mitigate risks associated with unmonitored communications.
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Retail FX
MAS Introduces COSMIC to Tackle Money Laundering and Terrorism Financing
2024-04-01T11:02:36.224+02:00
The platform has been developed with six major commercial banks in Singapore.
It allows FIs to share information based on identified red flags for suspicious behavior or profiles.
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