ESMA to Upgrade Systems as EU Aims for T+1 Settlement
The European Union is accelerating efforts to reduce the securities settlement cycle from two days (T+2) to one day (T+1), which is in line with international trends. ESMA has highlighted…
CySEC Oversees 328 Companies as AUM Hits €9.4 Billion Despite Yearly Decline
In the second quarter of 2024, the number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus remained at 328. At the same time, assets under management (AUM)…
Prop Firm MyFundedFutures Overhauls Affiliate Program and Suspends over 20 Countries
Affiliates of Matthew Leech’s prop firm MyFundedFutures (MFF) who haven’t generated a sufficient number of “individual purchases” will be removed from the program at the end of this month. This…
TradingView Integrates with HTX to Enable Direct Crypto Trading
HTX, a digital asset trading platform, has partnered with TradingView, a financial analysis and trading platform. The collaboration integrates HTX into TradingView’s Broker feature, allowing users to trade cryptocurrencies directly…
Cinkciarz.pl and Conotoxia Plan to Sue 10 Banks for a Total of 6.5 Billion Zlotys
Polish currency exchange platform Cinkciarz.pl has announced plans to sue two more major banks operating in the country. This time, the fintech is seeking at least 1.5 billion zlotys ($375…
Wise Q2 Update: Active Users Hit 8.9M, Volume Reaches £35.2B
The London-based cross-border payments company Wise (LSE: WISE), reported continued growth in its customer base and transaction volumes for the second quarter of fiscal year 2025, while also reducing fees…
eToro Launches GBP and EUR Trading to Reduce Conversion Fees
eToro introduced a new feature that enables users to trade in their local currencies, GBP and EUR, eliminating the need for conversion fees. This change promises to help investors save…
MetaTrader 5 for Hedge Funds: Brings Down Costs Through Technology
MetaQuotes presents a more affordable alternative to complex and expensive infrastructures with its MetaTrader 5 platform. Hedge funds often deal with large volumes of market data, necessitating powerful data warehouses…
Exclusive: CFDs-Heavy Cyprus’ Compliance and Legal Heads Are Earning Six Figures
Most companies mention “we offer competitive salary” when recruiting for a new role. But what is a “competitive salary”? And how much are people getting paid in the fintech, tech,…
Conotoxia Alleges Polish KNF “Violates the Law” and Regulations “Destroy” Companies
Polish fintech Conotoxia Sp. z o.o., operating the currency exchange brand Cinkciarz.pl, is contesting a decision by the Polish Financial Supervision Authority (KNF) to revoke its payment services license, alleging…
