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…

MoneyGram Taps dLocal to Roll Out Cross-Border Payments in APAC and EMEA

dLocal, a cross-border payment platform focused on emerging markets, announced a new partnership with MoneyGram, a global financial technology company. The partnership aims to support MoneyGram in expanding its services…

Axi Enlists John Stones as Brand Ambassador Alongside Manchester City Renewal

Online trading broker Axi has expanded its partnership portfolio by announcing John Stones as its latest Brand Ambassador. This follows earlier sponsorship announcements made in 2023. John Stones is a…

UK Government and FCA Set to Overhaul PRIIPs Regulation for Retail Investors

The UK Government and the Financial Conduct Authority (FCA ) are working to reform capital markets. They aim to help retail investors make informed investment choices. A key aspect of…

NAGA Brings CFDs to Telegram: From Onboarding to Trading Directly on the Social Medium

NAGA Group, which recently merged with CAPEX.com, now allows retail traders to access its platform directly from Telegram’s App Center with the launch of the “NAGA Everything Trading” app. Integrating…