This action triggered a wave of suspensions among prop firms, particularly those serving clients in the USA.

Challenges hit Binance's UK comeback! Prospective partners wary due to FCA scrutiny. Despite the storm, Binance stays hopeful! Exciting updates coming soon. Stay tuned!

The UK's FCA is implementing new measures to ensure cash access amidst widespread bank branch closures, prioritizing alternatives and inclusivity in the digital banking era.

Thinkorswim offers a 30-day trial, inviting users to explore futures and forex trading risk-free, showcasing extensive platform capabilities and market tools.

EXNESS won Two Prestigious Awards at iFX EXPO Dubai 2024.

The Economic and Financial Crimes Commission (EFCC) investigates $347bn forex scam, targeting firms & Dangote Group from 2014-2023. Aiming for transparency & legal compliance in Nigeria's economy.

According to the International Swaps and Derivatives Association (ISDA), the rise in capital requirements for bank trading activities under Basel III Endgame in the US could have a negative impact on the vitality of US capital markets. ISDA, along with the Securities Industry and Financial Markets Association (SIFMA), has responded to the Federal Reserve's notice of proposed rulemaking (NPR) expressing concern. The associations highlight that the increase in capital requirements for bank trading activities does not accurately reflect the underlying risks and may lead to higher costs and limited options for US businesses. ISDA also points out that the implementation of the Fundamental Review of the Trading Book (FRTB) and the revised credit valuation adjustment (CVA) framework would result in a significant 129% increase in market risk and CVA risk-weighted assets (RWAs) under the new expanded risk-based approach (ERBA), compared to the current US standardised approach.

The Securities and Exchange Commission (SEC) has approved new rules and changes aimed at safeguarding investors and improving transparency in the initial public offerings (IPOs) of special purpose acquisition companies (SPACs) and subsequent business mergers between SPACs and target companies (known as de-SPAC transactions). SPAC IPOs and de-SPAC transactions are commonly used by private companies seeking to go public. Recognizing the complexity of these transactions, the SEC is focused on bolstering investor protection by ensuring sufficient disclosure and responsible use of financial projections. These rules also address concerns about investor protection in relation to shell companies and blank check companies, including SPACs.

Registered in Mauritius，Kodin Capital Markets is an online forex broker offering various market instruments, including Forex, spot Metals, cryptocurrencies, spot indices, commodities, futures, etc. However, WikiFX has given this broker a low score of 1.22/10. According to what we know so far, this broker is not regulated by any regulatory institution. This is a red flag, we advise traders to be careful about this issue. Kodin Capital Markets offers the popular MetaTrader 5, which is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders get ahead in the financial markets.

The Securities and Futures Commission (SFC) has just unveiled its Strategic Priorities for 2024-2026. This document lays out the SFC's plans for strengthening Hong Kong's securities markets, managing risks, and safeguarding investors. Understanding the ever-changing global landscape and the impact of technological advancements, the SFC is fully committed to fostering market development while ensuring the integrity and excellence of Hong Kong's markets. Over the next three years, the SFC has set several key goals. First and foremost, they aim to maintain market resilience and prevent any significant harm to our markets. Additionally, they strive to boost the global competitiveness and attractiveness of Hong Kong's capital markets. Moreover, the SFC is dedicated to driving financial market transformation by embracing technology and environmental, social, and governance (ESG) principles. Lastly, they plan to enhance institutional resilience and operational efficiency. By pursuing these objectives, the SFC aims to create a vibrant and secure financial environment in Hong Kong that meets the needs of investors and promotes sustainable growth.