CME Group Secures Approval as Futures Commission Merchant, But Faces Significant Backlash
The Chicago Mercantile Exchange (CME) Group has recently received regulatory approval from the National Futures Association (NFA) to operate as a Futures Commission Merchant (FCM). This decision marks a significant step in the firm's expansion into the realm of futures trading. However, the approval has not come without considerable controversy, prompting backlash from several stakeholders in the financial market ecosystem.
Continue readingRobinhood Expands Trading Landscape with Futures and Index Options
In a significant move set to reshape online trading, Robinhood, the popular trading platform, has announced plans to give users access to futures and index options. This development is expected to open new avenues for both novice and experienced traders alike, expanding the offerings available on the platform beyond traditional stocks and ETFs.
Continue reading