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Sydney Hooke
Former contributor

Sydney Hooke

47 articles

Articles by Sydney Hooke (47)

OvalX Begins Layoffs

Two years after Swiss private equity company Guru Capital took over CFD and FX broker ETX Capital, now OvalX, sources say the broker has begun laying off its employees. On January 26th, 2023, an internal source leaked the news of a massive retrenchme...

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Tixee Lists Match-Prime Liquidity as its Liquidity Provider

Match-Prime, a CySEC-authorized forex broker and CFD liquidity provider, and Tixee, a top-rated broker and trading instruments provider, declared their collaboration on the 25th of January, 2023. Via a public release, Tixee expressly revealed that Ma...

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Regulators Overlook RegTech and Stick to Traditional Security Measures

Financial market regulators have for decades been searching for strategies to broaden their supervisory authority. Many regulators have, however, stuck to a simulation of the traditional regulatory approach. The implementation of RegTech is the solut...

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CMC Markets Acquires Singapore License

The publicly listed forex broker Currency Management Corporation (CMC Markets) announced on January 31, 2023, that it was extending its services to Singapore under the name CMC Markets Singapore Invest. By the end of Q1 2023, the platform is anticipa...

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DXtrade Has Been Integrated With Devexa

On January 25th, 2023, Devexperts, a financial software company, revealed its intention to improve its technology and service offerings. To achieve this, the software company is reportedly fusing its CFD and forex trading platform, DXtrade, with an A...

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ASIC Prepares New Rules for Aussie's Foreign Brokers

As part of its duties as a market regulator, the Australian Securities and Investments Commission (ASIC) has published new rules to oversee the financial offerings within the region. The ASIC published the official draft of these new rules in January...

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Insider Dealings: FCA Charges Five People with £1.5M Fraudulent Dealings

In line with its statutory duties, the Financial Conduct Authority (FCA) has charged five people to Court for insider dealings. The accused appeared before the Westminster Magistrates' Court on Wednesday, January 25, 2022. Details of the Fraudulent D...

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CySEC Reports on Retail Investors and Finfluencers Partnerships

Research has always been an integral instrument in the financial market. It is skillfully welded by regulatory bodies to monitor the activities of various market players. In line with this structure, the Cyprus Securities and Exchange Commission (CyS...

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DFSA Publishes Strategy to Protect Clients' Assets

It's that time of the year when financial market watchdogs worldwide set out new policies to ease the operations of trading platforms and secure clients' assets. The Dubai Financial Services Authority (DFSA) is not left out. The DFSA has prepared a s...

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Updates on UFX’s Suspended Operations

Clients of UFX, a retail CFD broker, have raised concerns over the sudden suspension of the platform's operations. These concerns were heightened by the fact that the broker has put a halt to opening new accounts on its platform. Despite the sudden u...

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