This 20-Something Trader Outsmarted a Global Bank’s Risk System, And Cost Them $58 Million
The UK’s Financial Conduct Authority (FCA) has fined Macquarie Bank Limited’s (MBL) London branch £13 million ($16.4 million) for serious control failures that allowed a junior trader to conceal hundreds…
dxFeed Collaborates with Hybrid Trading Firm to Improve Market Data Access
Market data platform dxFeed teamed up with Tickblaze, a hybrid trading platform, to eliminate barriers to global traders’ access to market data. The collaboration aims to enhance efficiency through tools…
Exclusive: BDSwiss Vacates Its Cyprus Office Space
BDSwiss has vacated its office in Limassol, Cyprus, and is selling all its office equipment, Finance Magnates has learned. The broker now has no physical presence on the Mediterranean island.…
cTrader 5.0 Launches with New Algo API, Cloud Integration, and Mobile Support
🎥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…
Fintech Giant Takes On Banking Elite in SWIFT Access Battle
After losing its payments license, the Polish fintech company Cinkciarz.pl, part of Conotoxia Holding, has filed a complaint with consumer protection watchdog UOKiK over several banks’ refusal to provide SWIFT…
This Prop Firm New Futures Trading Platform Draw 100,000 Waitlist Registrations
The prop firm FXIFY unveiled several platform updates this weekend, including the imminent launch of its Instant Funding program and the FXIFY Futures. The new platform has garnered substantial pre-launch…
Gold Price Today Surges Past $2,700, Setting Historic Weekly Gains
Gold prices have surged significantly, with spot gold hitting $2,715.81 per ounce as of November 23, 2024. The rally, marking the strongest weekly gain in nearly two years, reflects heightened…
Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More
Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement There is a high probability that a settlement deal is being negotiated between the proprietary trading firm…
SEC Fines Webull, Two Brokers-Dealers for Compliance Failures
US-based electronic trading platform Webull is among three companies that settled with the US securities regulator regarding suspicious activity reports that did not include important and required information. Webull Financial,…
SEC Fines Webull, Two Broker-Dealers for Compliance Failures
US-based electronic trading platform Webull is among three companies that settled with the US securities regulator regarding suspicious activity reports that did not include important and required information. Webull Financial,…
