Proprietary trading firm Propel Capital Group has announced its immediate closure, halting all operations. The firm’s CEO, Mitchell Ali, attributed the decision to an overcrowded market and aggressive competition that made sustainable growth impossible. In a public statement released on social media platform X, Ali

Trading platform AsteraX Crypt has announced a platform update that expands access to its algorithmic trading bots, making them available to all account tiers. Previously reserved for hedge funds and proprietary trading firms, these tools are now open to retail and semi-professional traders worldwide. The

The push for round-the-clock trading in traditional derivatives markets is gathering pace, with major U.S. exchanges, including the NYSE, launching consultations on the feasibility of 24/7 operations. But while the idea is gaining momentum, proprietary trading firms remain sharply divided on its merits. According to

Retail investors looking for resilient sectors may want to turn their attention to U.S. beauty companies and premium fashion labels that offer luxury without the steep price tag, according to Eric Fisch, senior vice president and sector head of retail and apparel at HSBC. Speaking

Retail investors on Robinhood are leaning into emerging trends, like cryptocurrency, artificial intelligence and income exchange-traded funds (ETFs), according to Stephanie Guild, the platform’s chief investment officer. While Tesla and NVIDIA continue to be the most popularly traded, Ripple (XRP) has surged to the top

A potential alignment between the Federal Reserve, the U.S. Treasury and the Trump administration could set the stage for a sharp rise in inflation and a weaker dollar, according to Bloomberg’s Global Head of Macro Analysis Mark Cudmore. Cudmore argues that if the Fed and

SEBI plans tighter algo and prop trading rules, signalling big compliance shifts for India’s fast-growing trading market.