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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
Retail Investor Complaints to French Regulator Rise 37% as Backlog Reaches 693
2+ day, 22+ hour ago (285+ words) Complaints from retail investors to the Autorité des Marchés Financiers mediator rose 37% in 2025, the sharpest annual increase since the mediator began tracking the data. The AMF mediation service received 3,010 new requests and closed 2,772 cases, up 41% from 2024. Its backlog also rose…...
Spotware brings cFinancial debut and major cTrader, cBridge updates to Forex Expo Dubai 2026
3+ day, 3+ hour ago (357+ words) Spotware Systems will attend Forex Expo Dubai 2026 on 22–23 September at Booth 136, Dubai World Trade Centre, demonstrating its technology innovations for brokers and prop firms. The team will be at the event to walk brokers and prop firms through cFinancial, discuss…...
Piper Sandler Wins French Approval to Trade Equities Two Years After Registering in Paris
3+ day, 4+ hour ago (446+ words) Deb Schoneman, president at Piper Sandler, said "demand for our industry-leading U.S. equity research and execution capabilities continues to grow internationally." "This approval is a critical step in our broader European expansion," Allen said. Piper Sandler Companies has received French regulatory…...
Valutrades Says “Business as Usual” After Pausing Onboarding and Cutting Client Segments
3+ day, 16+ hour ago (238+ words) Valutrades has paused new client onboarding and stopped serving some client segments, but still describes its global operations as “business as usual” and the changes as part of a strategic review of its client portfolio. The statement came after Finance…...
B2PRIME Q2 Net Profit Jumps 79% Amid Gold and Oil Volatility
3+ day, 17+ hour ago (376+ words) B2PRIME says its infrastructure helped turn volatile trading conditions into higher profit in the second quarter. However, its update does not separate the effect of technology investments from increased market activity. The company reported the figures in a leadership letter rather…...
Report: IG Prepares Hundreds of Layoffs in Consumer Business Restructure
3+ day, 18+ hour ago (409+ words) IG Group is preparing to cut hundreds of jobs as it merges its regional consumer operations into a single division. The exact reduction has not been disclosed, but the plans affect a workforce that numbered about 2,300 at the end of…...
Fifth-Largest US Bank Tests Cross-Border Payment with Own Stablecoin
3+ day, 20+ hour ago (367+ words) U.S. Bank has placed a dollar-backed token, USBDC, on a public blockchain while retaining conventional banking controls, including the ability to freeze assets and reverse transfers. The bank completed a live cross-border payment between its entities in North America and Europe…...
BaFin Says Firms Choose Europe's Weakest Supervisor Then Expand Across the Bloc
4+ day, 1+ hour ago (654+ words) Financial centers should not "engage in a race to the bottom to attract financial firms," Pötzsch said. Firms that exploit the gaps between them should not be able to scale that arbitrage across the single market. "We cannot let that…...
Revolut Offers Staff £1,000 Bonuses in FTSE 250 Banking Push
4+ day, 5+ hour ago (475+ words) Revolut is taking a cautious approach to lending and hiring staff from banks with established corporate operations. "You can’t just go ‘bang’... you’ve got to have credit underwriting models," Gibson said. Revolut plans to pitch business banking services to FTSE…...
Archax Gains US Broker-Dealer Entry Through tZERO Infrastructure
4+ day, 15+ hour ago (374+ words) Archax now has a regulated route into US securities distribution, entering the market without recreating its exchange, custody and clearing stack. The digital asset firm will operate as an introducing broker, relying on tZERO for the underlying US infrastructure. The…...