Middle East Leads in Digital Payment Innovation amid Escalating Regional Hostilities
Traditionally, countries in the Middle East have been considered cash-forward economies, with the majority of residents using local fiat currencies to complete transactions and conduct trade. Although in some countries,…
ASIC Rewrite Is Knocking: What Should CFDs Brokers Know?
ASIC has recently finalised the new OTC derivative reporting requirements, which commence on 30 September 2024, which are known as ASIC Rewrite. The first part of the ASIC Rewrite was…
Axi Enters India with a New Office
Axi, an Australia-headquartered forex and contracts for differences (CFDs) broker, has expanded its physical presence by opening a new office in Bangalore, India. Although confirmed today (Monday), the India office…
Exclusive: Zlatan Ibrahimović Becomes Official Ambassador of XTB
Following last year’s addition of legendary goalkeeper Iker Casillas to its ambassador team, XTB has another surprise for football fans. This time, the publicly traded Polish fintech has partnered with…
Week in Focus: Fed Cuts Interest Rates, NAGA Brings CFDs to Telegram, and More
Only 7% of 300,000 Prop Trading Accounts Achieved Payouts Our news summary begins with the exclusive story we covered this week, highlighting the elusive success in proprietary trading. According to…
StoneX Settles ICE Charges for $20,000 over Trade Practice Violations
Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this…
“Go Beyond Traditional Risk Management”: Brokers Must Adapt amid Hezbollah’s Pager Blast
“Brokers’ operational systems must go beyond traditional risk management,” CFI Financial’s Global Head of Education and Research, George Khoury, told Finance Magnates amid the recent pager and walkie-talkie blasts in…
ThinkMarkets UK’s 2023 Profit Dived 71%: Client Acquisition and Deposits Boosted
The British entity that operates ThinkMarkets, a forex and contracts for differences (CFDs) broker, ended 2023 with an annual turnover of over £2.4 million, a 14.2 percent decline from the…
Robinhood Nets Jersey Sponsorship Deal with NBA Memphis Grizzlies
Robinhood will sponsor the American professional basketball team Memphis Grizzlies as the official jersey patch partner. This partnership, set to begin in the 2024-25 NBA season, will place the fintech…
MetaQuotes Rolls Out 20 Years of Nasdaq Tick Data Access for Traders
MetaQuotes has launched a new service that provides detailed Nasdaq data to assist traders in refining their strategies. The service focuses on tick data, which captures every price change, rather…