Last Week Recap: Updates on Equiti, Centroid, Lightspeed, Smartstream and Smartstream; U.S and Australia Expect Regulation Changes
Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. The below is the selected highlights of last week.
Equiti Capital UK Profit Halved as Costs Rise
Equiti Capital UK Limited has reported a 52% fall in profit for 2024, despite achieving modest growth in revenue. The London-based broker, a subsidiary of Equiti Group, specializes in institutional CFD trading and execution-only brokerage services.
Argamon Group, a company specializing in the optimization of financial and digital liquidity as well as the management of Prime Broker relationships and Centroid Solutions, a leader in multi-asset trading technology, are excited to announce a strategic partnership.
Lightspeed Launches Next-Generation Trading Platform
Lightspeed Financial Services Group LLC has rolled out Lightspeed Trader Pro, a new version of its flagship platform designed for active traders seeking more advanced tools and flexibility.
Smartstream Rebrands with Unified 'Smart' Identity
Smartstream, a provider of data solutions to global financial institutions, has announced a wide-ranging rebrand. The initiative introduces new visual branding, a refreshed website and domain, updated messaging, and a unified naming convention across its product suite.
FINRA Moves to Scrap $25,000 Day Trading Rule
The Financial Industry Regulatory Authority (FINRA) has voted to overhaul one of the most debated rules in U.S. retail trading: the requirement that pattern day traders maintain a minimum balance of $25,000.
Australia Proposes Stricter Licensing for Crypto Platforms
Australia is moving to tighten regulation of digital assets, with the government releasing draft legislation that would bring crypto exchanges and custody providers under a licensing regime similar to traditional finance.
Subscribe Now
