retail
Freetrade CEO Adam Dodds Steps Down amidst Shifting Market Dynamics
- Dodds will remain a major shareholder, owning 12% of the company, but won't be involved in daily operations.
- The firm aims to expand its offerings, including new products such as bonds and mutual funds, tax wrappers, and its web platform.
Monday, 13/05/2024 | 16:59 GMT by
Tareq Sikder
PrimeX Broker's Mustafa Basil Announces Departure
- Basil held multiple roles at the broker, including Deputy General Manager and Marketing Manager.
- Recently, the firm gained regulatory approval from the Financial Sector Conduct Authority in South Africa.
Friday, 10/05/2024 | 08:34 GMT by
Tareq Sikder
“60% of Clients Don't Trust Financial Institutions”: Fintech's Customer-Centric Shift
- A survey reveals 36% of participants have chosen 'Reputation and Track Record' as a significant influencer of trust.
- Fintech firms use data analytics and AI to tailor services, cultivating loyalty through personalized experiences.
Thursday, 09/05/2024 | 10:50 GMT by
Pini Yakuel
Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch
- The joint offering provides White Label packages, liquidity bridge, risk management tools, server hosting, and KYC assistance.
- SALVUS Funds aids brokers in securing specialized licenses, advising efficient choices for new firms.
Thursday, 09/05/2024 | 08:45 GMT by
Tareq Sikder
Capital.com Hits $1.2 Trillion in Client Trading Volumes, Sees 53% Surge
- In Q1 2024, the firm saw trading volumes hit $337 billion, with active traders increasing by 17%.
- Indices dominated trading, representing 79% of volumes, while commodities accounted 58%.
Tuesday, 07/05/2024 | 09:05 GMT by
Tareq Sikder
eToro Welcomes Back Naomi Rarmani as Head of Compliance Operations
- Rarmani brings compliance and operational management experience from roles at Rapyd, Fundbox.
- Earlier, at eToro, she ascended from Customer Care Representative to Compliance Team Leader.
Tuesday, 07/05/2024 | 08:21 GMT by
Tareq Sikder
52% Acknowledge Parental Influence: Financial Legacies in Hong Kong
- Nearly half of Hong Kong adults defy parental financial habits, striving for financial stability.
- 74% learned money management from parents in childhood, linked to adult financial security.
Friday, 03/05/2024 | 09:41 GMT by
Tareq Sikder
ASIC Scores Legal Victory: BPS Financial Found Guilty in Qoin Wallet Case
- 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.
Friday, 03/05/2024 | 08:31 GMT by
Tareq Sikder
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
- 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.
Thursday, 02/05/2024 | 15:56 GMT by
Tareq Sikder
FCA Approval Expands Stratiphy's Retail Offerings with Customized Portfolios
- 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.
Wednesday, 01/05/2024 | 08:46 GMT by
Tareq Sikder
Elena Kupriianova Lands as Chief Marketing Officer at Spotware
- 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.
Tuesday, 30/04/2024 | 09:47 GMT by
Tareq Sikder
South African Cricketer Brings '360-Degree Proficiency' to Markets4you as Brand Ambassador
- 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.
Tuesday, 30/04/2024 | 09:06 GMT by
Tareq Sikder
Devexperts Checks Off Type 2 SOC 2 Audit for Enhanced Data Security
- 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.
Thursday, 25/04/2024 | 09:29 GMT by
Tareq Sikder
FCA Acts: Kent Resident Faces £2.67M Investment Scheme Charges
- 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.
Tuesday, 23/04/2024 | 14:45 GMT by
Tareq Sikder
Prop Trading Firm True Forex Funds Introduces Match-Trader as Secondary Trading Platform
- 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.
Friday, 19/04/2024 | 13:45 GMT by
Tareq Sikder
Acuity Trading and Excent Capital Partner for Market Analytics Integration
- 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.
Tuesday, 16/04/2024 | 13:47 GMT by
Tareq Sikder
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