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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
The Retail CFD Industry Is Running Out of FX
19+ hour, 19+ min 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....
Weekly Wrap-Up: FTMO’s $422 Million OANDA Deal; CySEC Names New Chair
1+ day, 10+ hour ago (1232+ words) The week brought a mix of major transactions, regulatory changes and restructuring across the retail trading and financial services sectors. FTMO’s acquisition of OANDA was put into sharper focus after the prop trading firm disclosed the price paid for the…...
How PrimeXBT Rewards Traders at Every Stage of Their Journey
2+ day, 7+ hour ago (410+ words) As traders become more active and experienced, there are more opportunities to get additional value from their trading activity. Beyond competitive trading conditions, rewards, cashback and loyalty benefits can help traders reduce costs, increase trading power and access enhanced conditions....
How to Choose a Crypto Payment Gateway and Processor: The Due Diligence Nobody Writes About
2+ day, 7+ hour ago (1008+ words) Every comparison table ranks providers on licensing, settlement and fees. Those are the easy questions. The ones that decide whether the system survives contact with real customers sit a layer below, in operational policy that most providers don’t publish. Search…...
Singapore Tests Cross-Bank AI to Flag Scam Accounts in Near Real Time
2+ day, 1+ hour ago (382+ words) Singapore is moving fraud detection beyond the data held by individual banks, testing whether financial institutions, law enforcement and the regulator can identify suspicious payment chains through a shared testing setup. London's trading industry is coming home! The Monetary Authority…...
CFDs Account for 35% of EU Retail Complex-Product Trades, ESMA Finds
1+ day, 21+ hour ago (404+ words) More than 10 million EU retail investors traded derivatives or structured products between 2022 and 2025, with contracts for difference accounting for 35% of transactions in complex products, according to new analysis by the European Securities and Markets Authority. London's trading industry is coming…...
Closing the Infrastructure Gap: A Boutique Asset Manager’s Journey to Institutional-Grade Operations
2+ day, 6+ 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…...
Paystand Brings AI 'Digital Employees' to B2B Finance on Its Programmable Money Network
2+ day, 11+ hour ago (650+ words) "This is a growing suite of enterprise-grade digital employees enabling finance team members to spend their time focusing on growth," said Jeremy Almond, co-founder and CEO of Paystand. "These agents are not AI bolted onto old payment infrastructure. They execute…...
OpenAI Builds Finance-Focused ChatGPT for Banks and Analysts
2+ day, 21+ 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…...
Kraken Adds Editable Grid Bot with Backtesting to Desktop App
3+ day, 20+ hour ago (398+ words) Kraken has added Smart Grid, an automated range-trading tool, to its desktop application for eligible Pro users. The exchange is entering a crowded grid-bot category by focusing on backtesting, saved configurations and parameters that can be changed after launch. Smart…...