Broker News | US Labor Market Remains Tight as Weekly Jobless Claims Decline Further
01 Retail Traders Struggle with Trading Fees: Regulator Aims for Simplification
French investors suggest that information about trading commissions and fees is often too complicated.
Therefore, the AMF wants companies to use simpler and standardized language.
02 Good News for AFS Licensees: ASIC Eases Breach Reporting Rules
If a regulation breach didn't harm the client, there's no need to report it.
Additionally, ASIC has extended the reporting period for significant matters from 30 to 90 days.
03 US Labor Market Remains Tight as Weekly Jobless Claims Decline Further
The number of people applying for unemployment benefits in the U.S. fell for a third straight week, highlighting a stubbornly strong labor market.
04 CySEC Imposters in New Zealand? FMA Issues Warning
FMA warns New Zealanders against any communication from CySEC imposters.
It also flagged six fake CySEC websites and one email address.
01 SEC to Prohibit Volume-Based Transaction Pricing among Stock Brokers
The regulator had introduced a new proposal aimed at enhancing transparency.
The SEC seeks to level the playing field for broker-dealers of all sizes.
02 US Forex Brokers Report Increase in August Deposits to $525 Million
According to the CFTC, retail forex obligations in the US rose in the latest reported period.
Market share remained steady, with Gain Capital in the lead.
03 Interactive Brokers' Strong Q3: Impressive Revenue and Profit Gains
It reported a $1.56 diluted earnings per share.
It will distribute a quarterly cash dividend of $0.10 per share.
04 Fortrade's Fiscal 2022: 14% Revenue Surge with a Profit Dip
The broker ended the year with £32.3 million in revenue.
Increased costs to the company pushed its profits down.
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