Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT
Swiset, a provider of trading analytics, has acquired Proprietary Firms Tech (PFT), a provider of solutions for proprietary trading firms. This acquisition combines Swiset’s data-driven analytics with PFT’s expertise in…
Breaking: Boxing Legend Mike Tyson Becomes NAGA Group’s Brand Ambassador
NAGA Group AG has appointed boxing legend Mike Tyson as its brand ambassador, marking another entry of a sports personality into the retail trading industry, Finance Magnates has learned. A…
Financial Commission Approves IUX Markets for Membership and Customer Protection
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert…
Capital.com Gains from Index Trading Demand: Q3 Volume Surpasses $450B
Client trading volume on Capital.com skyrocketed to over $450 billion in Q3 2024, which is 20 percent higher than the previous quarter. The volume was $337 billion in Q1, meaning…
Plus500 Moves to Mend Fences with Shareholders After AGM Pushback
Plus500 (LSE: PLUS) has launched a shareholder charm offensive to quell growing investor unrest after a contentious annual meeting that sent tremors through its corporate governance foundations. The fintech trading…
Adyen Revenue Hits €498.3 Million on Digital Commerce Surge
Dutch payment technology giant Adyen NV reported stronger-than-expected third-quarter results, with net revenue climbing 21% at constant currency, highlighting the company’s successful recovery from last year’s challenges. Adyen Posts 21%…
BP Prime’s Professional Clients Push FY24 Revenue 7x: Boosting China Retail Offerings
Black Pearl Securities Limited, which operates as BP Prime, reported a turnover of more than £16 million for the fiscal year ending 31 March 2024, compared to the previous fiscal’s…
Zarvista (Formerly ZaraFX) Implements FCA-Regulated AI Trading Tools
Zarvista Capital Markets (formerly ZaraFX) has announced a partnership with Acuity Trading to integrate advanced AI-driven market analytics into its global trading platform. The collaboration centers on implementing Acuity’s AnalysisIQ…
Compagnie Financière Tradition’s Revenue Continues to Grow: Brings in CHF 272M in Q3
Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, generated consolidated revenue of CHF 272.3 million in the third quarter of 2024,…
Indian Regulator Calls Prop Trading Platforms “Unauthorised”
The Indian regulator overseeing the local securities markets has issued an advisory against “apps/web applications/platforms” offering “virtual trading services, paper trading, or fantasy games to the public based on stock…
