Management Suspension on Trade360’s Cyprus Operator’s Owner Extended
The Cyprus Securities and Exchange Commission (CySEC) has extended Petros Zachariades’ suspension from his ownership and management duties at Crowd Tech Ltd, which operated the forex and contracts for differences…
Prop Firm QuantTekel Introduces Broker Services after Rebranding from AscendX Capital
In a social media post at X, the Forex Prop Firm AscendX Capital revealed it has rebranded as QuantTekel. The firm stated: “We are excited to announce that our name…
Waiting for a Payout from The Funded Trader Prop Firm? You Might Not See It This Year
Investors who have been waiting for over six months to withdraw their funds from the prop firm The Funded Trader (TFT) will need to find additional reserves of patience. The…
Labuan Regulator Limits FX and CFDs Brokers’ Offerings Only to Currency Instruments
The Labuan Financial Services Authority (LFSA) is restricting locally regulated forex and contracts for differences (CFDs) brokers to offering only currency-related instruments, such as spot FX and CFDs on FX.…
French FX/CFD Trader Numbers Fall Below 30,000, Lowest in 4 Years
The French online trading and listed derivatives markets are demonstrating resilience despite recent declines in active trader numbers, according to two new reports released by Investment Trends. The studies reveal…
ASIC Prohibits CFDs ‘Margin Discounts’: How Shall Brokers Prepare?
In ASIC’s most recent Market Integrity Update issued in July 2024, it expressed concerns that some derivative issuers of contracts for difference (CFDs) may be offering ‘margin discounts’ to retail…
Broadridge Expands DLR Platform, Integrates Lending Tools with Morningstar
Broadridge Financial Solutions (NYSE: BR) has announced two significant developments, securing a major Canadian bank as the first adopter of its Distributed Ledger Repo (DLR) platform for High-Quality Liquid Asset…
Playtech Surpasses 2024 Earnings Estimates on B2B Strength
Playtech plc (LSE: PTEC) announced today (Monday) that it expects its full-year 2024 adjusted EBITDA to surpass current consensus expectations, driven by robust performance in its B2B division during the…
Q2 Intelligence Report is Here: MiCA, AI, and Recoed Breaking Volumes
The second half of 2024 is upon us, and with it comes a fresh edition of Finance Magnates’ Quarterly Intelligence Report (QIR2)—your go-to guide for navigating the ever-changing world of…
Q2 Intelligence Report is Here: MiCA, AI, and Record Breaking Volumes
The second half of 2024 is upon us, and with it comes a fresh edition of Finance Magnates’ Quarterly Intelligence Report (QIR2)—your go-to guide for navigating the ever-changing world of…
