The UK entity of GMI Markets, which offers technology and trading services to professional clients, saw its pre-tax profit rise by 610 per cent to £209,787 in 2024, mainly driven by a rise in revenue and a reduction in administrative expenses. Improving Revenue According to the latest Companies House filings, the UK company generated £658,089 […]
Author Archives: BooBee
25
May
May
FXIFY, the oldest broker-backed prop firm, is proud to celebrate its second anniversary, marking two years of industry-defining innovation, trader-first policies, and rapid global growth. Since its inception, FXIFY has paid out over $30 million to its traders and now serves a global community of more than 200,000 active users. In the first quarter of […]
FXCubic, a leading provider in the retail bridging space has officially announced the launch of its 4th Annual FXCubic Mini-Football Tournament, set to take place on June 13, 2025, at Wembley Mini Football in Ypsonas, Limassol. This much-anticipated industry event has rapidly become a tradition that blends sportsmanship with professional networking, drawing top names from […]
FD Technologies plc has confirmed it is in advanced discussions with TA Associates Management, L.P. regarding a possible acquisition. The confirmation follows recent movements in FD Technologies’ share price. Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of […]
The UK’s Financial Conduct Authority (FCA) is planning to simplify complaints reporting for around 10,000 regulated entities. While the FCA does not directly mention CFDs and retail trading firms, the proposed changes are likely to impact these providers, offering them a potentially predictable reporting process. Under the FCA’s rules, firms authorized to carry out regulated […]
Former financial services director Mark Francis McCabe has been sentenced to four years and three months in prison for orchestrating a sophisticated forex trading scam that defrauded investors of nearly $1 million. Former Financial Director Sentenced to Over 4 Years for $1M Forex Trading Fraud The Downing Centre District Court in Sydney imposed the sentence […]
B2BROKER, a leading global provider of fintech and liquidity solutions, has announced the launch of its groundbreaking Liquidity Provider Turnkey, the first fully integrated solution designed to enable financial institutions to launch their own Prime-of-Prime (PoP) liquidity operations with unprecedented speed and technical sophistication. Today, while most providers continue offering standard FX broker turnkey packages, […]
As more European companies eye Wall Street for their debut listings, exchanges on the continent are mounting a counteroffensive. With IPO volumes already depressed, operators like Deutsche Boerse and Euronext are pressing to change the narrative that New York guarantees better value for newly public firms, Reuters reported. Hype Surrounding US Listing Citing a document […]
25
May
May
European exchange operator Euronext reported a significant increase in its foreign exchange (Forex) trading business for the first quarter of 2025, with FX trading revenue jumping over 30% to €9.2 million compared to the same period last year. Euronext Reports Record FX Trading Volumes in First Quarter 2025 The surge in FX trading performance came […]
The European Securities and Markets Authority (ESMA) is inviting feedback from retail investors and consumer groups on how current investment rules affect their experience and engagement. The consultation focuses on whether rules under MiFID II support investor protection or unintentionally discourage participation. Understanding Investor Engagement Barriers “The purpose of this Call for Evidence is to […]