Prop Trading in the UAE: A Side-by-Side Review of How High Profit Splits Attract Traders
The retail proprietary trading industry, traditionally associated with the United States, has found a new hotspot: the United Arab Emirates (UAE). Now the world’s third most popular destination for prop…
AI’s Financial Impact: Key Findings from BIS
The Bank for International Settlements highlights AIโs transformative potential in the financial sector. By enhancing data processing capabilities, AI models, particularly large language models (LLMs), streamline regulatory compliance, fraud detection,…
StoneX Advances Market Access with New Commodities Trading Options
StoneX Group Inc. has reported the execution and clearance of the initial trade on the inaugural trading day of Abaxx Commodity Futures Exchange and Clearinghouse. Dedicated Forex cloud solutions with…
RBI Greenlights Hitachi Payment Services for Online Payment Aggregation
With the recent approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator, Hitachi Payment Services is set to begin a new chapter in India’s…
Australian Watchdog Steps Up Oversight of Financial Advisers and Traders
The Australian Securities and Investments Commission (ASIC) has issued a reminder to Australian Financial Services (AFS) licensees about upcoming notification requirements for the experienced provider pathway for financial advisers. Dedicated…
Neobanking in Transition: Opportunities and Obstacles in a $6.37 Trillion Transaction Era
Neobanking is taking off across the world, seeing faster and more transparent financial solutions entering the market and proving successful among consumers. In 2024, neobanking transaction values are projected to…
Apple Faces Scrutiny for App Store Policies under EU Digital Rules
European Union regulators announced today (Monday) that Apple Inc. has breached new digital regulations by restricting users of its App Store from accessing alternative platforms. The European Commission, responsible for…
Prop Firm Goat Funded Trader Reintroduces MetaTrader 4 After Four-Month Hiatus
Prop trading firm Goat Funded Trader (GFT) is once again offering its clients access to the MetaTrader 4 platform after a four-month break. According to information posted on GFT’s social…