Tools for Brokers Enhances Offerings for Prop Trading Firms: Brings cTrader Package
Tools for Brokers, a prominent technology provider in the brokerage industry, has enhanced its offerings to prop trading firms by introducing a cTrader package tailored specifically for this growing sector.…
India’s Cybersecurity Crisis: Ransomware Takes 300 Small Banks Offline
India’s small banks have been hit by a ransomware attack, forcing nearly 300 such small institutions offline, Reuters reported. The attack involves C-Edge Technologies, a key provider of banking technology.…
Singapore’s M-DAQ Global Acquires Easy Pay Transfers to Boost Cross-Border Payments
Singapore’s fintech firm M-DAQ Global has acquired Easy Pay Transfers, a Malaysia-based B2B payments service provider. This step targets the company’s expansion in the ASEAN region. The acquisition focuses on…
Exclusive: Prop Trading Giant FTMO’s 2023 Turnover Hits $213 Million
FTMO, a prominent prop trading brand planning to launch a brokerage, generated a turnover of almost CZK 5 billion (over $213 million) in 2023, Finance Magnates learned exclusively. The figure…
FCA Imposes Restrictions on London Stone Securities over Excessive Fees
The Financial Conduct Authority (FCA) announced today (Wednesday) that it has imposed strict restrictions on wealth management firm London Stone Securities Limited. The company can no longer undertake any regulated…
eToro Launches Staking for Solana and Ethereum: Intro Days and Eligibility
Trading and investing platform eToro announced today (Wednesday) the launch of staking services for Solana (SOL) and Ethereum (ETH). This addition allows users to earn rewards by participating in staking…
Another Prop Firm, This Time Crypto-Focused, Enters the Futures Market
Crypto Fund Trader has joined the ranks of prop trading firms offering futures contracts to their clients. The crypto-focused investing service provider revealed that it will launch its “Crypto Futures…
Fraud Recovery Scams and ‘Pig Butchering’ Attract CFTC’s Attention
The Commodity Futures Trading Commission (CFTC) is alerting the public against rampant financial scams and frauds targeting common people. Yesterday (Tuesday), the regulator’s Office of Customer Education and Outreach (OCEO)…
Aiming to Become “Robinhood of Europe,” They Withdrew from Prop Trading
Bullo, a financial technology startup, announced today it has completed its Series A funding round and will temporarily suspend its proprietary trading services as it pursues regulatory licensing in multiple…
Director’s “Cavalier Attitude” Leads to 10-Year ASIC Ban, License Loss
The Australian Securities and Investments Commission (ASIC) has taken decisive action against United Global Capital Pty Ltd (UGC) and its director, banning Joel James Hewish from the financial services industry…
