Prop Trading Survey: 60% of Clients View Brokers-Backed Props as More Trustworthy
Although FX brokers have only recently emerged in the prop trading space, two out of three retail investors consider them more trustworthy than standard prop firms. The recent study also…
Golden Gate Capital Invests in oneZero, Lovell Minnick Partners Continues Support
oneZero Financial Systems, a provider of trading technology solutions, has announced an investment from Golden Gate Capital, a private equity firm based in San Francisco. Lovell Minnick Partners (LMP), oneZeroβs…
CySEC Alerts CIFs to UKNF Restrictions on Referral and Affiliate Programmes
π₯Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…
Banxso Allegedly Misleads South African CFD Clients: Allows Trading with Suspended License
South Africaβs Financial Services Conduct Authority (FSCA) confirmed today (Tuesday) that it is aware of the allegations against Banxso, a local contracts for differences (CFDs) broker, for misleading clients about…
UK Financial Regulators Introduce New Rules for Critical Third-Party Risks
UK financial regulators have confirmed new rules to strengthen the resilience of technology and other third parties providing essential services to financial firms. Financial institutions and market infrastructures increasingly depend…
Metro Bank’s Β£51bn Blind Spot Leads to 3rd Largest FCA Fine of 2024
The Financial Conduct Authority (FCA) has imposed a Β£16.7 million fine on Metro Bank for significant failings in its anti-money laundering controls that left over Β£51 billion in transactions inadequately…
Robinhood’s User Base Soars Past 24M as Deposits Hit $5.2B Mark
Popular trading platform Robinhood saw substantial growth across its key metrics in October, with significant increases in trading volumes and customer assets under management. Robinhood Reports Surge in Trading Volumes,…
FXGT.com Expands Trading Tools with New Mobile and Web Solutions
FXGT.com unveiled new trading platforms to enhance the trading experience for mobile and desktop users. Dubbed FXGT App and FXGT.com Trader, the new platforms aim to give users better features…
Revolut Clashes with Early Investors over Blocked Share Sale
Revolutβs dispute with a crowdfunding platform concerning the sale of its shares escalated into a potential legal battle. The fintech giant reportedly blocked a discounted secondary share sale involving early…
FCA’s New Disclosure Rules: What Every Regulated Firm Must Know Now
The UK’s Financial Conduct Authority (FCA) announced a major reform of its enforcement disclosure procedures today (Monday), implementing broader document review standards and enhanced staff training protocols in response to…
