Cenroid Solutions’ Fintech Bridge to Saudi’s $69B Asset Manager Goes Live

Financial technology provider Centroid Solutions has completed integration with SNB Capital, Saudi Arabia’s largest investment bank, enabling international brokers to directly access the kingdom’s expanding equity market. Centroid Solutions Expands…

Centroid Solutions’ Fintech Bridge to Saudi’s $69B Asset Manager Goes Live

Financial technology provider Centroid Solutions has completed integration with SNB Capital, Saudi Arabia’s largest investment bank, enabling international brokers to directly access the kingdom’s expanding equity market. Centroid Solutions Expands…

AUS Global Solidifies Middle East Presence: Gains New UAE Licence

AUS Global, a forex and contracts for differences (CFDs) broker established in Australia, is now focusing on the markets in the Middle East and has obtained a Category 5 licence…

Plus500 Active Users Rise to 121K as Average Deposits Surge to $6,150

Plus500 Ltd today (Monday) reported a visible growth in the third quarter of 2024, with revenue climbing 11% to $187.3 million and new customer acquisition surging 21% year-over-year. Plus500 Reports…

“Careless Rather Than Deliberate or Reckless” Approach Cost Wise CEO Another +£350K Fine

UK’s Financial Conduct Authority (FCA) has imposed a £350,000 fine on Wise plc CEO Kristo Käärmann for failing to disclose significant tax issues, marking the latest development in a prolonged…

Weekly Summary: ATFX Enters Prop Trading, BRICS Explores Blockchain Payments, and More

ATFX to Launch Prop Trading Services ATFX, a popular forex and contracts for differences (CFDs) broker plans to launch prop trading services, Finance Magnates learned exclusively. The broker noted that…

Credit Agricole Takes Part in “Banking Conspiracy,” Cinkciarz.pl Claims

Polish currency exchange platform Cinkciarz.pl has intensified its legal offensive against major banks, announcing plans to sue Credit Agricole’s Polish unit for 1 billion zlotys ($250 million), marking the latest…

Cyprus Watchdog Slaps Money App Plum with €30K Penalty

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €30,000 fine on smart money management app Plum for multiple violations of “prudential requirements.” CySEC Cracks Down on Plum Money…

NYSE Proposes 22 Hour Trading on Arca Equities Exchange During Weekdays

The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial…

BUX Enables Retail IPO Access in Belgium, Netherlands with PrimaryBid

BUX, a company under ABN AMRO Bank N.V., is the first pan-European partner to adopt PrimaryBid’s capital markets platform, expanding retail investors’ opportunities in Belgium and the Netherlands. This development…