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The AI RegTech Trap: Why Smart Tools Fail Unprepared Firms Finance Magnates Finance Magnates - the world’s only multi-asset online trading knowledge hub - offers financial news, industry research, international events and more.
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News
Brokeree's Third Redesign in Six Months Lands on PAMM
8+ hour, 11+ min ago (486+ words) Anton Sokolov, head of product, said the company ran hours of sessions with clients before deciding what to change, and that with every product on one design language, "we expect improvements to reach clients faster than before." "A clearer interface…...
Elev8 Partners receives 'Best Partner Program Conditions for Affiliates and IB' award at Wealth Expo Mexico
11+ hour, 15+ min ago (305+ words) The Elev8 broker's partner program received an award at Wealth Expo Mexico, a major financial event in LATAM held in August 2026, where Elev8 served as a gold sponsor, hosting a booth and participating in networking sessions. The accolade, awarded by Wealth Expo…...
The Retail CFD Industry Is Running Out of FX
1+ day, 18+ hour ago (578+ words) "Part of it is the trade itself," Arkadiusz Jóźwiak, the Editor-in-Chief at Comparic.pl, told FinanceMagnates.com, "because the moves that pull retail money in over the past year have been in metals, equities and crypto, not in currency pairs....
Nigeria’s Proposed Forex Rules Could Protect Retail Traders but Push Them Offshore
3+ day, 9+ hour ago (986+ words) On the 1st of September, the Nigerian Securities and Exchange Commission published its proposed rules on online forex trading and contracts for difference, issued under the Investments and Securities Act No. 2 of 2025. The trade press has largely settled on a single…...
Peratera Appoints Commercial Director After Nearly Three Years at IFX Payments
3+ day, 6+ hour ago (231+ words) John Kinghorn has joined Peratera as Commercial Director, following more than two decades in partnerships, business development and relationship management roles across payments and financial services. “One of the biggest challenges for brokers and financial services firms is finding the…...
Closing the Infrastructure Gap: A Boutique Asset Manager’s Journey to Institutional-Grade Operations
3+ day, 5+ hour ago (562+ words) As these firms grow and take on more sophisticated investors, access to modern infrastructure and technology is becoming a competitive necessity rather than a luxury. Having reliable infrastructure is no longer simply a nice-to-have. It can make a real difference…...
Spotware CSR Cup 2026: Serving Up Purpose and Padel
3+ day, 10+ hour ago (319+ words) "We wanted this to feel different from another industry event," said Ilia Iarovitcyn, CEO of Spotware Systems. "Let’s get everyone onto the court and do something good together. Brokers, partners, friends – everyone who joins will contribute directly to helping those…...
The Convergence Trade Nobody Planned: On-Chain Fridays to NYSE Mondays
3+ day, 10+ hour ago (928+ words) Binance agrees: "Binance Research’s seven-weekend sample is small and says so, but a 41-for-41 directional record on large gaps is not the signature of a toy market." Wall Street closes on Fridays. But the information that moves the market on…...
OpenAI Builds Finance-Focused ChatGPT for Banks and Analysts
3+ day, 20+ hour ago (375+ words) OpenAI has launched a finance-focused version of ChatGPT for analysts, bankers and other institutional users. The tool combines the model with market data, company filings and source-backed research features. The release comes as OpenAI tries to make corporate use of…...
CME to Launch Treasury Clearing Weeks Before SEC Mandate Takes Effect
3+ day, 21+ hour ago (416+ words) CME Group is timing its entry into cash Treasury clearing for the final weeks before the SEC mandate, opening a new clearing revenue line and extending the margin economics around its interest-rate futures franchise. CME Securities Clearing will begin operating…...