Scope Markets Launches Stock CFDs for Dubai and Abu Dhabi Markets
Scope Markets launched two new equity indices to enable global investors to access the stock markets of Dubai and Abu Dhabi. These indices, named AD15 and DXBI, allow traders to…
Scope Markets Launches Stock CFDs for Dubai and Abu Dhabi Investors
Scope Markets launched two new equity indices to enable global investors to access the stock markets of Dubai and Abu Dhabi. These indices, named AD15 and DXBI, allow traders to…
CySEC Extends Russia-Linked Otkritie Broker Director Ban Implementation by Six Months
The Cyprus Securities and Exchange Commission (CySEC) has announced a further extension to the implementation of its decision regarding Otkritie Broker Ltd, a Cyprus Investment Firm (CIF). In a statement…
Prop Trading Poses Image Hazard for CFD Brokers: These Two Firms Aim to Fix It
RegTech firm Muinmos and technology provider Brokeree Solutions have announced a partnership focused on proprietary trading compliance and risk management for regulated brokers. This move comes amid ongoing discussions about…
US Dollar Dives: Fed Cuts Spark $4B Yen Carry Trade Shakeup
Two weeks ago, the Federal Reserve (Fed) began a widely anticipated cycle of interest rate cuts. As a result, the US dollar exchange rate fell to its lowest level since…
Saxo Expands Offerings for “Buy-and-Hold Investors”: Launches SaxoInvestor in the UK
The UK unit of Denmark-headquartered Saxo Bank today (Wednesday) announced the launch of SaxoInvestor, an investment platform targeted at “buy-and-hold and active investors” in the country. SaxoInvestor Launches According to…
Tools for Brokers Bets on Dubai with New Office Launch
Tools for Brokers (TFB), a technology provider for the financial services industry, has announced the opening of a new representative office in Dubai. With this step, the company wants to…
The Future of Digital Payment Trends Heading into 2025
The world continues to embrace digitalization across multiple industries, with the financial sector being no exception heading into 2025. Digital payments, once considered an emerging technology, have now become a…
ASIC’s Final Decision against CFDs Broker Prospero Markets: Cancels License
The Australian Securities and Investments Commission (ASIC) has cancelled the operational license of the now-defunct Prospero Markets, which offered contracts for differences (CFDs) instruments to retail traders. Prospero Markets Lost…
Exclusive: XTB Launches Multi-Currency Card and Retirement Accounts
XTB, the Polish publicly listed fintech company (WSE: XTB), is launching two new products as part of its 2024 expansion strategy, Finance Magnates learned exclusively. The company will introduce a…
