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Saxo Singapore Discontinues SaxoWealthCare and SaxoSelect
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
FINRA Imposes $115,000 Fine on Spartan Capital Securities Over Compliance Failures
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
SEC Seeks to Dismiss Kraken's Defenses in Legal Case
The SEC intensifies legal action against Kraken, arguing the exchange operates as an unregistered securities platform. Kraken fights back with multiple defenses.
Naga Group Appoints Mike Tyson as its Brand Ambassador
NAGA collaborated with boxer Mike Tyson for its campaign "NAGA: Your Go-To App for Everything Money." Mike Tyson filmed a promotional video with the broker.
Caroline Ellison Begins Two-Year Sentence for FTX Scandal
Caroline Ellison, former CEO of Alameda Research, begins a two-year prison sentence for her role in the FTX fraud, following her guilty plea and testimony.
TradingView Expands to Include Irish Stocks from Euronext Dublin
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.
After Trump's win, Advisors cautioned Indian firms to be wary of forex risks
The people of the United States made the decision. Donald Trump, the Republican Party candidate, is now the 47th President of the United States. But Trump's victory has some negative consequences.
Daman Markets collaborates with Dubai Racing Club
UAE-based, Retail broker Daman Markets, which is a branch of the brokerage firm Daman Securities announced its partnership with the DRC for the 2024 – 2025 season.
CySEC Extends Suspension of CIF License for FTX (EU) Ltd Until May 2025
The Cyprus Securities and Exchange Commission (CySEC) has announced an extension to the suspension of the Cyprus Investment Firm (CIF) license held by FTX (EU) Ltd. This decision follows a series of prior announcements from CySEC dating back to November 2022 and most recently updated on April 16, 2024
Will Trump's reelection drive more market growth?
According to the report, U.S. markets celebrated Wednesday as stocks rocketed upward following the decisive victory of former President Donald Trump in Tuesday’s presidential election. Investors were quick to respond, with the Dow Jones Industrial Average skyrocketing by 1,507 points, or 3.57%, to reach a record high—marking the first time the index has gained more than 1,000 points in a single day since November 2022. Similarly, the S&P 500 surged by 2.5%, and the Nasdaq climbed 2.95%, bringing all three major indexes to fresh highs.
Do You Really Know Your Trading Game?
This article challenges traders to examine whether their actions are driven by emotions or disciplined strategy, emphasizing the importance of planned risk management over impulsive, adrenaline-fueled decisions for sustainable success.
Tether Surpasses $7.7 Billion Profit and $102.5 Billion in Treasuries
Tether hits record $7.7 billion in 2024 profits, $102.5 billion in U.S. Treasury holdings, and grows USD₮ circulation to nearly $120 billion in Q3 report.
CySEC Tightens Compliance Rules for Crypto and FX/CFD Brokers
The Cyprus Securities and Exchange Commission (CySEC) has introduced several changes impacting both domestic and cross-border operations of firms providing financial and investment services within its jurisdiction
Coinbase Opens Engineering Hub in Singapore to Boost Blockchain Innovation
Coinbase launches a new Engineering Hub in Singapore, partnering with EDB to foster blockchain innovation and nurture local talent in the APAC region.
FCA WARNING AGAINST Touchstone Markets
ANOTHER UNAUTHORIZED BROKER EXPOSED! The Financial Conduct Authority is effectively carrying out its duty to safeguard consumers from bogus brokers. Touchstone Markets is one of the unregistered broker
Robinhood, Kraken, Galaxy Digital Launch USDG Stablecoin for Global Payments
Robinhood, Kraken, and Galaxy Digital launch USDG stablecoin with Paxos, aiming to expand global stablecoin use for secure cross-border payments.
FP Markets Partners with xsee to Offer Live Trading Signals
FP Markets partners with xsee to provide real-time trading signals, empowering traders with expert strategies and data-backed insights for informed decisions.
Morgan Stanley Gains Approval to Launch Futures Business in China
Morgan Stanley secures regulatory approval to enter China's futures market, expanding its presence and joining J.P. Morgan in the rapidly growing derivatives sector.
Trump Win Spurs Historic Stock Rally as Markets Hit Record Highs
U.S. stocks surge to record highs after Trump’s return, with gains in financials, tech, and small-cap stocks amid expectations of tax cuts and deregulation.
Launch of the SkyLine Judge Community, Partnering with Top Judges to Build Industry Excellence
On November 6, the judges of the first SkyLine Guide were invited to attend the WikiFX SkyLine Appreciation Dinner, where WikiFX officially announced the formation of the SkyLine Judge Community. This new professional community aims to bring together industry elites and drive future development—"Where Professional Traders Unite and Thrive."
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