Robinhood Clients in the UK Can Now Borrow Money for Margin Investing
Robinhood announced today (Monday) the launch of margin investing for its UK customers, allowing retail traders to borrow money. The move comes just months after the company’s initial entry into…
ASIC’s “Rewrite” Game-Changing Rules Just Went Live: Is Your CFD Brokerage Ready?
Australian CFD brokers are bracing for significant changes to their reporting obligations as the Australian Securities and Investments Commission (ASIC) finalizes its “ASIC Rewrite” of OTC derivative reporting rules, set…
Liquidity Providers and Trade Tech are Make or Break for Brokers
It’s obvious that the relationship between B-book brokers and liquidity providers differs from the relationship between A-book brokers and their providers and here we dive into the nuances of a…
Simon Blackledge’s Multi Asset Solutions (Previously BidX) Triples FY24 Revenue
London-based Multi Asset Solutions Limited, formerly known as BidX Markets, tripled its turnover for the 2024 fiscal year, which ended on May 31. According to the latest Companies House filing,…
Weekly Brief: South Africa Curbs FX Signals, Germany to Repeal CFD Tax Law, and More
South Africa’s Trading Signal Providers Must Be Licensed In its first-ever administrative action, South Africa’s Financial Sector Conduct Authority (FSCA) imposed an administrative penalty of over 1 million rands (about…
FlowBank Liquidation: Clients Advised to Act Before November Deadline
The liquidators of the bankrupt Geneva-based online brokerage and trading bank FlowBank activated a new platform to enable clients to sell their securities directly before the November 15 deadline. Asset…
English Premier League’s Fulham FC Partners with FIS to Launch Innovation Hub
US-based fintech firm FIS partnered with Fulham Football Club, the English football club, to create an innovation hub. The newly launched “Markers, presented by the FIS” center at Fulham Pier,…
FCA Plans Temporary Permissions for BNPL Firms Ahead of New Rules
The Financial Conduct Authority (FCA) has welcomed the government’s consultation on regulating currently-exempt Buy Now Pay Later (BNPL) products. The FCA has long supported bringing these products under its regulatory…
Broadridge Targets Global Expansion with Instant Payment Service
Broadridge Financial Solutions introduced an instant payment service to enhance the handling of real-time money transfers. The new service promises high resiliency and continuous 24/7/365 operations. Broadridge’s Instant Payments According…
Firstrade Adds Trading Central’s AI-Powered Analytics to Mobile Trading App
Investors using Firstrade’s mobile app are set to receive an influx of analytical firepower. The online trading platform has broadened its alliance with Trading Central, weaving the company’s investment research…