May 2024


Canada launches T+1 Settlement one day before the US

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada. Canada has been planning for…



Exclusive: Prop firm SurgeTrader closes

FNG Exclusive… FNG has learned that Florida based retail prop trading firm SurgeTrader has shut, following a decision made earlier in the week by trading platform operator Match-Trade Technologies to revoke the license it granted…


FXTM goes offshore, relinquishing CySEC license

Cyprus financial regulator CySEC has announced that Retail FX and CFDs brokerage operator Forextime Ltd has had its CIF license withdrawn, due to the company’s decision to expressly renounce it. Forextime, which operates the FXTM…