Prop firm news

FTMO, a prop firm, will open 300 jobs, half of them at its broker OANDA

FTMO, one of the world's largest prop firms, has announced the hiring of 300 employees. Roughly half of the vacancies are at OANDA, a broker that is part of the company's structure.

UK unemployment fell to 4.7% - the pound hit a weekly high

The Office for National Statistics (ONS) reported that unemployment fell to 4.7% in the three months to August, versus 4.9% in the previous quarter. This is the lowest in more than a year, and the market had expected the previous level to be maintained.