Tech Vendors Lower Entry Barrier for New Prop Firms, but Conflicts Mount
The prop trading industry has grown rapidly, with new entities appearing frequently. This expansion raises questions about the ease of entry into the market, the integrity of its operations, and…
Former Head of Front Office at Saxo Bank, Launches Prop Firm ‘R u The 1’
Eli Shirazi launched a new venture, a UK-based proprietary trading firm named “R u The 1.” He serves as the Founder and Director of this firm. Established in November 2024,…
Pepperstone Enters Motor Racing: Sponsors Aston Martin Aramco F1 Team
Pepperstone, a Melbourne-headquartered forex and CFDs broker, has further strengthened its presence in the sports arena with its latest sponsorship deal with the Aston Martin Aramco Formula One Team. “Multi-Year”…
Exclusive: Coinbase Acquires BUX’s Cyprus Unit: Is the Crypto Giant Entering CFDs?
Coinbase, the US-listed cryptocurrency exchange giant, has acquired the Cyprus unit of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe, Finance Magnates has learned. Is Coinbase Exploring…
Exclusive: Coinbase Acquires BUX’s Cyprus Unit; Is the Crypto Giant Entering CFDs?
Coinbase, the US-listed cryptocurrency exchange giant, has acquired the Cyprus unit of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe, Finance Magnates has learned. Is Coinbase Exploring…
XTB Announces Jan Byrski Stepping Down as Supervisory Board Chairman
Warsaw-based brokerage firm XTB S.A. announced on January 2, 2025, that Jan Byrski has resigned from his position as Chairman of the Supervisory Board. The resignation, attributed to personal reasons,…
Best Brokers in UAE
The United Arab Emirates (UAE) has increasingly grown to become a crucial hub for a wide range of retail trading in the Middle East. This includes investors looking to trade…
2 Days to 10 Seconds: Cyprus to Make Online Transfers Instant
Cyprus is making a significant change in its banking infrastructure, as interbank and cross-border transactions will be completed in just 10 seconds from 9 January 2025, a process that currently…
CySEC Breaks Six-Month Silence with First Consultation Paper: What’s Inside?
Cyprus Securities and Exchange Commission (CySEC) broke its six-month consultation silence during the Christmas period, by proposing new rules that would significantly expand the acceptance of English-language prospectuses. How will…
“A Major Incident”: Chinese Hacker Allegedly Hacked the US Treasury
A Chinese state-sponsored hacker breached the cybersecurity of the US Treasury Department’s systems earlier this month and accessed some unclassified documents, an official letter from US lawmakers confirmed, labelling the…
