Author: Chief Editor
Oneroyal launches AI-driven trading tools to provide traders with real-time insights and market analysis. Oneroyal, a renowned brokerage firm, is stepping up to help traders navigate today’s ever-changing markets. They’ve just launched a suite of AI-powered trading tools designed to give investors a serious advantage. These tools tap into the power of artificial intelligence to deliver in-depth market insights and real-time data analysis. Oneroyal understands that market conditions can shift rapidly, so these tools constantly monitor trends to help traders adjust their strategies on the fly. Oneroyal is known for innovation, and the introduction of these AI tools highlights their…
Lars Seier Christensen, co-founder of Saxo Bank, invests in crypto trading firm Skynet Trading through his investment arm, Seier Capital. Digital asset-focused venture fund, Edessa Capital, also joins the investment round in Skynet Trading. Lars Seier Christensen, co-founder of Saxo Bank, has invested in Skynet Trading, a digital assets trading and algorithmic software development firm. The investment was made through Christensen’s investment vehicle, Seier Capital. Edessa Capital, a venture fund focused on the digital asset space, also participated in the investment round. This marks the first external funding for Skynet Trading, which had previously been self-funded by its co-founders. A…
Jareer Hiary becomes new CEO of CFI UAE, succeeding Nidal Abdelhadi. Hiary’s appointment is pending final regulatory approvals. CFI Financial Markets LLC, the UAE division of CFI Financial Group, has announced the appointment of Jareer Hiary as its new CEO. Hiary takes over from Nidal Abdelhadi, who leaves CFI to focus on personal ventures. The transition occurs after CFI’s recent milestone of securing a Category One license from UAE’s Securities and Commodities Authority (SCA). Abdelhadi, who expressed pride in his achievements with CFI UAE, departs with confidence in the company’s future under new leadership. Hiary joins the role after demonstrating…
MetroTrade, a new retail futures and options brokerage, launched in the US. The company is founded by industry veterans Ingmar Mattus (Tickmill co-founder) and David Klotz (former Crypto.com COO). MetroTrade, a new retail futures and options brokerage firm, has been launched in the United States. The company is the brainchild of two well-known figures in the online trading world: Ingmar Mattus, co-founder of Tickmill, and David Klotz, the former COO of Crypto.com. Klotz will serve as MetroTrade’s president. MetroTrade is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is also a member of the National…
TopFX expands into Latin America, appoints Nordine Mejd as Regional Director Forex and CFD broker TopFX Global is making a strategic move into the burgeoning Latin American markets. The company has appointed Nordine Mejd as its new Director for the Latam region, signaling its intent to expand its presence. Mejd brings over a decade of financial services experience, including a prominent role at TTCM Traders Trust. His appointment underscores the growing focus of brokers on the Latam region, joining the likes of ATFX and Exness in targeting this emerging market. TopFX Global offers a range of CFDs on forex, indices,…
Gold-i CTO Chris James departs after 12 years of service. CEO Tom Higgins praises James’ contributions and leadership. Forex and crypto technology provider Gold-i has announced the departure of its Chief Technology Officer, Chris James. James spent 12 years with the company, rising through the ranks from Quality Assurance Analyst to CTO. Gold-i CEO and Founder, Tom Higgins, took to LinkedIn to express his gratitude for James’ contributions. “Chris was responsible for many innovations during his tenure with us, and we will miss his immense intelligence and dedication,” Higgins said. He wished James well in his future endeavors. James’ career…
ASIC revokes JB Markets’ financial services license over financial deficiencies. The regulator cites ongoing failure to meet financial requirements. The Australian Securities and Investments Commission (ASIC) has revoked JB Markets Pty Ltd’s Australian Financial Services (AFS) license, effective April 12, 2024. The move follows a suspension in November 2023 due to the company’s ongoing failure to meet financial requirements and maintain adequate resources. ASIC determined JB Markets lacked the necessary financial resources to operate under its AFS license. The regulator stated the license cancellation protects consumers and promotes confidence in the industry. JB Markets, operating under AFS license number 323182…
NAGA shareholders overwhelmingly approve merger with CAPEX.com New CEO Octavian Patrascu outlines plans for expanded market reach, enhanced NAGA SuperApp Social and copy trading-focused broker NAGA Group AG has secured shareholder approval for its acquisition by CAPEX.com. The vote during NAGA’s Extraordinary General Meeting was overwhelmingly in favor, with 99.81% support for the merger. NAGA’s new CEO, Octavian Patrascu (also CAPEX.com’s founder), unveiled a bold vision for the company. This includes a robust regulatory framework, expanded global reach, and a seamless, all-in-one SuperApp experience. Key plans focus on market expansion, app enhancements, and a unified NAGA SuperApp offering trading, investing,…
CFI adds Options trading to its platform, expanding investment opportunities for traders. Investors can now trade options on popular U.S. securities, with low fees and advanced risk management tools. Leading online trading provider CFI just made trading even more versatile. The company announced the launch of Options trading on its popular Multi-Asset platform, opening up a whole new world of possibilities for investors. Options trading can get a little complex, but in essence, it gives traders the right to buy or sell an asset (like stocks) at a set price by a specific date. It’s a powerful way to fine-tune…
Orfinex joins the Financial Commission, offering clients access to dispute mediation and potential compensation. Orfinex, the Australian-regulated forex broker, is taking client support seriously. They’ve recently joined the Financial Commission, a self-regulatory organization that helps resolve disputes in the FX industry. What does this mean for Orfinex clients? If you have a disagreement with the broker that can’t be settled directly, the Financial Commission can step in as a neutral mediator. Plus, you might be eligible for up to €20,000 in compensation if your complaint is valid. Orfinex is showing a strong commitment to customer satisfaction and playing by the…