Australia Has 280 New AFS License Holders: How Many of Them Are CFDs Brokers?
The Australian Securities and Investments Commission (ASIC) granted 280 new Australian Financial Services (AFS) licences between July 2023 and June 2024, the regulator revealed today (Friday). This figure is much…
StoneX Makes $480M Unsolicited Bid for UK’s CAB Payments: Report
StoneX, a US-based financial services company, made an unsolicited $480 million takeover bid for UK-listed CAB Payments just months after its public listing. The proposal represents a significant premium to…
SEC Charges Firm for “AI Washing” in Investment Scheme
An investment firm is facing charges by the SEC for misrepresenting AI capabilities in automating trades for clients. The Securities and Exchange Commission (SEC) charged Rimar Capital USA, Inc., its…
SEC Charges Firm for “AI Washing” in Investment Scheme
An investment firm is facing charges by the SEC for misrepresenting AI capabilities in automating trades for clients. The Securities and Exchange Commission (SEC) charged Rimar Capital USA, Inc., its…
MetaTrader 5 Releases Build 4620, Fixing MQL5 Bugs and Adding OpenBLAS
MetaQuotes will release an updated version of the MetaTrader 5 platform on Friday, October 11, 2024. This update, designated as build 4620, addresses several issues related to the MQL5 programming…
24% of French Investors Go Independent, Embrace ETFs as Top Choice
The French investment space is experiencing new trends that are driving younger and more active investors into the market. This is according to a study that revealed that 40% of…
Finance Magnates Visits Taiwan: Can Traders Master ‘Black Swan’ Market Risk?
“We are not just seeing market volatility; we are looking at a perfect storm where geopolitical tensions, inflation, and monetary policies are converging like never before,” David Barrett, the CEO…
Pairing and Matching under EMIR Refit Has Gone Live: How Shall Brokers Prepare?
EMIR Trade Repositories (TRs) have now started giving reporting entities feedback on their pairing and matching status in the form of an end of day report in respect of the…
Broker’s Exit Suggests £1.3 Million Net Profit Is Insufficient for The UK CFD Market
TrivePro, a UK-based broker, has decided to wind down its operations in the country this year. However, its parent company, Trive Financial Services UK Limited, was still required to release…
Century Financial Opens Abu Dhabi Office in UAE Expansion Push
Century Financial, a Dubai-based financial services firm, announced today (Thursday) the opening of a new branch office in Abu Dhabi, marking an expansion of its presence in the United Arab…
