Author: Fajar Febriansyah

The Financial Conduct Authority (FCA) is preparing to overhaul the regulations that govern the UK’s asset management industry, a move aimed at cutting through red tape and enhancing global competitiveness in the wake of Brexit. This transformation is set to replace elements of the EU’s Alternative Investment Fund Managers Directive (AIFMD) with a new framework more closely aligned with the specific needs of the UK market. The planned changes are part of a broader initiative to make financial regulations simpler, more effective, and better suited to modern-day challenges. Enhancing Competitiveness and Reducing Complexity The FCA’s proposed reforms come at a…

The Securities and Exchange Commission is set to lose 10% of its workforce, as nearly 500 employees take a $50,000 buyout. These SEC staff cuts come as part of a wider federal downsizing effort led by the Trump-Musk administration. The voluntary separation program was open to staff hired before January 24. Those who accepted agreed to leave through retirement, resignation, or transfer. If they return to the agency within five years, the full incentive must be paid back. Enforcement and Legal Divisions Affected The most affected areas include the Enforcement Division, the Office of Examinations, and the General Counsel’s Office. Insiders say…

Interactive Brokers (IBKR) posted strong March metrics with daily trading volume up and client numbers growing sharply. The brokerage saw a 44% year-over-year rise in Daily Average Revenue Trades (DARTs), totaling 3.471 million for the month. Despite a 4% dip from February, trading activity remains high. Client Account Growth Continues IBKR ended March with 3.62 million client accounts, up 32% year-over-year. The firm added 87,700 new accounts in the month, though 13,300 were escheated to authorities, lowering net growth to 74,400. Customer Assets and Balances Stay Strong These figures stayed mostly stable month-over-month, reflecting continued investor activity. Breakdown of Commissions and Fees Interactive Brokers reported an average commission of $2.85 per cleared…

New integration blends investment tools with broker platforms, turning CRM systems into fund management hubs. Broctagon and Takeprofit Tech introduce CRM upgrade that allows forex brokers to manage client accounts like small hedge funds. This partnership adds fund management tools directly into Broctagon’s broker platform, expanding its use beyond basic operations. The key update is the integration of EasyMAM, a portfolio solution by Takeprofit Tech, into Broctagon’s AXIS CRM. Brokers can now oversee multiple investor accounts from a single interface, helping them act more like fund managers. Broctagon Expands CRM Role Broctagon CEO Don Guo said the CRM should act as a growth engine for brokerages.…

HONG KONG – March 2025 Upside Funding, a newly launched proprietary trading firm, is redefining the industry with a capital-backed, mentorship-driven model. Founded by two former Citigroup Managing Directors with over 60 years of combined trading experience, the firm is introducing a mentorship-driven funding model designed to develop traders and offer full-time employment opportunities with salaries of up to $350,000 per year. Bringing Institutional Expertise to Prop Trading Upside Funding was founded in 2024 with a clear mission—to provide traders access to real capital, direct mentorship, and long-term career opportunities. Unlike traditional prop firms, where traders are often left on…

Dubai, United Arab Emirates March 3rd, 2025 Orion Funded, the leading prop firm in the Spanish-speaking market, has officially launched Orion V2, the most significant upgrade to its proprietary trading program to date. This release introduces a revolutionary funding model, a fully redesigned trader dashboard, WebTrader integration, and cutting-edge AI-powered trading tools. The highlight of Orion V2 is its game-changing funding model, where traders only pay the full challenge fee if they successfully get funded. Previously, traders had to pay the full amount upfront—now, they pay only half to start their evaluation. If they pass and get funded, they activate…

London, February 2025 – Most proprietary trading firms operate under a B-Book model, profiting when traders lose. AXIS Capital has introduced a fully transparent A-Book trading framework, ensuring that all funded trader positions are directly executed in the live market. With this shift, AXIS Capital eliminates the conflicts of interest common in B-Book models by aligning its success with traders. Unlike most prop firms that claim A-Book execution without verifiable proof, AXIS Capital publicly commits to a fully disclosed execution model, emphasizing real market conditions and institutional-grade liquidity. Institutional Execution Backed by Real Liquidity AXIS Capital was founded by former…

The Trading Pit has integrated the cTrader platform into its trading system, making it available exclusively for its Prime CFDs challenges. This follows a broader trend of prop firms adopting cTrader, coming just a day after Hoorahannounced its own integration. The company says this move is about enhancing the trader experience with better tools and greater flexibility. “We’re excited about this partnership because it gives our community access to one of the most advanced trading platforms available. Bringing cTrader into our system reinforces our commitment to a smooth, transparent trading experience,” said Daniela Egli, CEO of The Trading Pit. Expanding Trading Capabilities With this integration, The Trading…

Asian currencies weakened on Tuesday as the U.S. dollar gained momentum, driven by concerns over new trade tariffs under Donald Trump’s administration. The Reserve Bank of Australia (RBA) also implemented its first rate cut in over four years, further weighing on regional currencies. The U.S. Dollar Index, which measures the greenback’s value against major currencies, rose 0.2%, mirroring a similar gain in futures. This rebound comes after the index declined more than 1% last week and dropped over 3% from its early January peak. Investors turned to safe-haven assets amid fears of escalating trade tensions and expectations of prolonged high…

Finding the right proprietary trading firm can be a challenge, especially with so many options available. The trading world is filled with firms that promise funding opportunities, high profit splits, and flexible trading conditions, but not all of them are trustworthy. Knowing how to tell if a prop trading firm is reputable can save traders from falling into costly traps or getting involved with firms that lack transparency. A reputable prop trading firm provides clear funding terms, a fair evaluation process, and reliable trader support. In contrast, some firms hide their fees, impose unrealistic rules, or operate without proper regulation.…