Firm

Crypto Fund Trader, a prop trading firm offering services with cryptocurrencies, has become the latest to confirm the cessation of its services on MetaTrader 5 for US-based clients. However, the accounts of its US clients would still be…

In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange.…

In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address…

The5ers, a proprietary trading firm, has decided to temporarily cease onboarding new traders in the US amid regulatory ambiguity. The company's action arrives in response to the evolving regulatory landscape surrounding the participation of…

In an unprecedented case that underscores the complex regulatory environment in the European Union, Jupiter Asset Management was compelled to divest its XRP Exchange Traded Product (ETP) investment valued at…

Bitcoin has been on an absolute tear, surpassing $52,000 for the first time since December 2021. The leading digital asset has already climbed over 23% in 2024, and a major driver of this meteoric rise has been…

The stock market is in a bubble, but it can keep growing.Johannes Eisele/AFP via Getty ImagesThe stock market is in a bubble, but that doesn't mean investors should sell their stocks right now.The S&P 500 still has 30% upside between…

© Reuters. Smartphone with displayed Instacart logo is seen in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) -Instacart forecast on Tuesday its first-quarter gross transaction value and core profit…

The proprietary trading firm Funded Engineer will delay plans to relaunch its services. This followed the alleged termination of its software licenses by FPFX Technologies last week. Consequently, Funded Engineer has opted to switch its…

© Reuters. FILE PHOTO: Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha MEXICO CITY (Reuters) - Ratings agency Moody's (NYSE:) on Friday…