OTC Derivatives vs ETPs: Which Is a Better Revenue Generator for CFDs Brokers?
Despite a tough financial year for some brokers, the demand for over-the-counter (OTC) derivatives and exchange-traded products remains strong, with contracts for differences (CFDs) and exchange-traded instruments driving significant growth…
Retail Investors Flock to Stocks from Forex After Fed Rate Cut. Here’s Why
Global retail investors are significantly increasing their exposure to equities following the Federal Reserve’s (Fed) first interest rate cut in four years, according to new data from eToro. Riskier assets…
FCA Wants to Tighten Grip on Regulated Firms to Better Shield Customer Cash
The UK’s Financial Conduct Authority (FCA) has unveiled plans to strengthen safeguarding regulations for payments and e-money firms, aiming to better protect customers in the event of business failures. FCA…
IG Group Launches Second Tranche of £150 Million Share Buyback
IG Group Holdings plc (LSE: IGG) announced today (Wednesday) the commencement of the second tranche of its £150 million share buyback program. The company has instructed UBS AG London Branch…
Visa Faces Anti-Trust Lawsuit for “Illegal” Monopoly: How Will It Impact Debit Card Users?
The US Justice Department has filed a civil antitrust lawsuit against Visa, alleging the payment giant’s “illegal” monopoly in debit network markets, which is costing consumers and businesses billions of…
bunq Jumps into Stock Trading: Targets Digital Nomads
European neobank bunq has entered the wealth management space with the launch of stock trading on its platform, the company announced today (Wednesday). It is eyeing the growing digital nomad…
Prop Trading: MyFundedFutures Integrates dxFeed for Instant Market Data
Futures prop trading firm MyFundedFutures has integrated dxFeed US Futures into its platform. This collaboration promises to enhance MyFundedFutures’ capabilities and provide participants with access to better market data. Enhancing…
Robinhood to Adorn The Miami Heat Jerseys in Latest NBA Sponsorship Deal
Barely a week after announcing a sponsorship deal with one of the NBA teams, Robinhood has netted another deal in the top US basketball league. Miami HEAT announced a multi-year…
Webull Canada Launches Options Trading for Hedging and Diversification
Webull Canada has introduced options trading on its digital investment platform. This new feature allows users to hedge risk and diversify their investment strategies, regardless of market conditions. The options…
Top Financial Trends to Watch in Quarter 3 2024
As we head into the third quarter of 2024, financial markets are gearing up for a series of shifts and opportunities. The Finance Magnates Quarter 2 2024 Intelligence Report provides…
