CySEC Revokes CIFs of Arumpro Capital and Greenpost Trading Europe After Renouncements
The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of two Cyprus Investment Firm (CIF) authorizations. CySEC Withdraws CIFs for Two Firms On 11th November 2024, CySEC revoked…
Robinhood Expands Wealth Management Services With $300M TradePMR Acquisition
Robinhood plans to acquire custodial and portfolio management firm TradePMR. The California-based commission-free investing firm entered into an agreement to buy the company, which targets Registered Investment Advisors, stepping into…
Exclusive: eToro Quadruples BTC Trading Volume amid US Election; Pepperstone, Axi See Jump
eToro, which offers both CFDs and physical crypto trading, revealed to Finance Magnates that the total value of the newly opened Bitcoin positions jumped by more than 300% in the…
This Fintech Repays 60% of Customer Funds After License Revocation, Sets Year-End Deadline
The Polish financial technology company recently stripped of its payment services license, Conotoxia Sp. z o.o. (part of Cinkciarz.pl), announced today (Tuesday) a settlement plan promising full refunds with interest…
FMLS:24 Kicks Off in London, Uniting the Global Retail Trading Industry
The Finance Magnates London Summit 2024 (FMLS:24) is now open. This marks the beginning of another year for the flagship event in the retail trading space, which has returned in…
“Founders Should Know How to Be Recognizable”: Mint & Lemon CEO at FMLS:24
The Finance Magnates London Summit 2024 (FMLS:24) is now open. This marks the beginning of another year for the flagship event in the retail trading space, which has returned in…
DXTrade Joins the Offering of a Company Promising to Set Up Your Prop Firm in 10 Days
YourPropFirm is expanding its trading platform offerings through a new strategic partnership with financial software developer Devexperts, integrating the DXtrade platform into its proprietary trading solutions suite. YourPropFirm Taps Devexperts…
Exclusive: CFDs Broker AAAFx’s Business Development Head Launches Prop Trading Firm
Somesh Kapuria, the Head of Business Development at AAAFx Global, is the latest forex and contracts for differences (CFDs) industry executive to launch his own prop trading platform, Finance Magnates…
Exclusive: CFDs Broker AAAFx’s Former Business Development Head Launches Prop Trading Firm
Somesh Kapuria, the former Head of Business Development at AAAFx Global, is the latest forex and contracts for differences (CFDs) industry executive to launch his own prop trading platform, Finance…
EU Securities Regulator Sets 2027 Deadline for T+1 Settlement Transition
The European Securities and Markets Authority (ESMA) aims to cut the time between trade execution and settlement by half by 2027. ESMA has now put in place a plan to…