An Ohio man has been sentenced to three years in federal prison for his role in running a darknet cryptocurrency mixing service that processed over $300 million in illicit transactions. Larry Dean Harmon, 41, of Akron, Ohio, operated Helix (unrelated to the DeFi derivatives trading platform that goes by the same name) from 2014 to 2017, providing services to launder bitcoin tied to criminal activities. Darknet crypto mixer laundered drug money According to court documents, Helix laundered at least 354,468 bitcoin — valued at approximately $311 million at the time. Many of these funds came from darknet drug markets, and Helix was closely integrated with Grams, a darknet search engine also created by Harmon. Helix gained significant popularity among online drug dealers looking to obscure the origins of their proceeds. Harmon profited by taking a percentage of each transaction. To ensure seamless use, Harmon developed an API that allowed major darknet markets to integrate Helix into their systems for bitcoin withdrawals. Customizations made by Harmon enabled Helix to align with specific market needs, further facilitating illegal transactions. Investigators successfully tracked tens of millions of dollars linked to darknet activities back to Helix. Authorities seized assets valued at over $400 million Harmon pleaded guilty on Aug. 18, 2021, to conspiracy to commit money laundering. In addition to the prison term, he faces three years of supervised release and a forfeiture money judgment totaling $311 million. Authorities also seized cryptocurrencies, real estate, and assets valued at over $400 million. Assistance also came from international partners, including the Attorney General’s Ministry of Belize and the Belize Police Department, coordinated through U.S. Embassy Belmopan. FinCEN fined Larry Harmon $60 million in related action The Financial Crimes Enforcement Network assessed a $60 million civil penalty against Harmon in a related action, in this case regarding his violation of the Bank Secrecy Act (BSA). Harmon, the founder and operator of cryptocurrency mixing services Helix and Coin Ninja, ran these businesses without complying with regulations aimed at preventing financial crimes. Between 2014 and 2017, Harmon operated Helix as an unregistered money services business (MSB), processing over 1.2 million transactions. Helix was closely tied to illicit activities on the darknet, including facilitating anonymous payments for drugs, weapons, and other illegal goods. Harmon later founded Coin Ninja, operating it from 2017 to 2020 in a similar unregistered and unregulated manner. FinCEN’s 2013 guidance classified virtual currency exchangers and administrators as money transmitters under the BSA, requiring them to register and implement anti-money laundering (AML) programs. Harmon ignored these requirements, failing to register both Helix and Coin Ninja as MSBs, implement proper AML programs, or report suspicious activities. In 2019, FinCEN reiterated that financial institutions like mixers and tumblers must adhere to the same regulations. The investigation highlighted how Harmon deliberately evaded BSA obligations. He chose not to collect or verify customer details such as names and addresses and deleted any minimal records that were kept. These actions allowed Helix to facilitate transactions with criminals, including narcotics traffickers, counterfeiters, and fraudsters.

Global investment giant BlackRock has received a commercial license to operate in Abu Dhabi amid its interest in expanding into the crypto-friendly region. Granted on Nov. 18, the approval allows BlackRock to establish its presence in the UAE capital and operate within the Abu Dhabi Global Market (ADGM), an international financial hub already hosting several crypto companies. While Abu Dhabi is a known hub for digital assets, BlackRock’s Middle East head, Charles Hatami, clarified the firm’s focus on private markets and artificial intelligence (AI) infrastructure. This aligns with the region’s growing AI investments, including Microsoft’s $1.6 billion funding for G42, an Abu Dhabi-based AI tech firm, and its plans to build two AI centers in the city. BlackRock, which manages the iShares Bitcoin Trust ETF giving U.S. investors exposure to Bitcoin, has seen massive success in digital finance. On Nov. 8, the fund surpassed $33 billion in net assets, overtaking its gold-focused counterpart, the iShares Gold Trust ETF. However, the firm has yet to announce specific plans related to crypto in the UAE. Charles Hatami praised Abu Dhabi as a “global financial center,” citing its strategic location, forward-thinking government policies, and “commitment to sustainable growth” as key factors for BlackRock’s expansion. BlackRock reported a record $10.6 trillion in assets under management (AUM) in its second-quarter earnings report, with profits and revenue rising year-over-year. BlackRock’s second-quarter revenue rose 8% from a year ago to $4.81 billion, while net income was up 9% at $1.5 billion, or $9.99 per share. Martin Small, BlackRock’s chief financial officer, said the company was on track to hit its long-term goal of 5% annual organic fee growth, with expenses on track for a low single-digit percentage increase, apart from acquisitions. The United Arab Emirates is particularly active in the cryptocurrency sector, creating a regulatory environment to attract digital asset businesses. This initiative aligns with the growing interest in cryptocurrency in the Middle East and North Africa (MENA) region. This approach aligns with the Abu Dhabi Global Market’s broader regulatory framework on digital ledger technology (DLT). The DLT Foundations Regulations is part of an initiative that began in 2018 to regulate blockchain foundations, Web3 entities, decentralized autonomous organizations (DAOs), and traditional foundations involved in DLT.

Welcome to this week’s digest on FX, CFDs, Fintech and Crypto markets. In the FX sphere, we highlight major acquisitions, leadership shakeups, and regulatory updates, including ACY Securities’ acquisition of Ingot Brokers and Capital.com’s leadership restructuring. On the crypto side, Italy’s tax reforms, Robinhood’s impressive October numbers, and Notabene’s $14.5M funding round are making waves. Join us as we unpack the week’s biggest stories. FX & CFDs Markets ACY Securities acquires FSCA-regulated Ingot Brokers South Africa ACY Securities has acquired Ingot Brokers South Africa, the FSCA-regulated entity of the CFD brokerage company. Read More Capital.com CEO Kypros Zoumidou steps back, regional CEOs take charge Capital.com has parted ways with its global CEO Kypros Zoumidou as the broker is restructuring its leadership with a focus on regional growth, appointing local CEOs for each of its main markets. Read More SIX to acquire Aquis Exchange for £207 million SIX Group AG (SIX) has announced an agreement to acquire Aquis Exchange Plc (Aquis) through a recommended cash offer. The deal values Aquis at 727 pence per share, representing an enterprise value of approximately £194 million and a total equity value of around £207 million. Read More AMP Global excluded from CySEC investor compensation scheme The Cyprus Securities and Exchange Commission (CySEC) announced that FX brokerage firm AMP Global has been excluded from its investor compensation fund today. Read More AxiCorp and Bell Financial battle for SelfWealth takeover The competition for Australian trading platform SelfWealth is intensifying, with CFDs broker AxiCorp Financial Services countering Bell Financial Group’s (BFG) offer with a higher bid of 23 cents per share, up from BFG’s 22-cent offer earlier this week. Read More Andrew Biggs steps into CEO role at Finalto Trading Trading software and liquidity services provider Finalto has promoted Andrew Biggs to Chief Executive Officer of Finalto Trading, effective immediately. Read More Crypto & Fintech Germany, US miss out on billions by selling seized Bitcoin early The German government may have lost up to $1.6 billion in profits after selling 50,000 Bitcoin in July, just months before a massive rally following Donald Trump’s recent U.S. election victory. Read More Italy considers lowering crypto capital gains tax to 28% The Italian government reportedly intends to revise its initial proposal to increase the capital gains tax on cryptocurrencies, lowering the rate to 28% from a previously considered 42%. Read More Robinhood’s October volumes surge YoY: Equity up 149%, crypto up 143% Robinhood Markets has released its operating data for October 2024, highlighting solid growth in customer engagement and assets. Read More PayPal USD now can move between ETH and SOL PayPal USD (PYUSD), a stablecoin that is fee-free and backed by US dollars, issued on Ethereum by Paxos, and available to eligible US PayPal account holders, is now leveraging LayerZero. Read More Three Arrows seeks $1.53 billion claim against FTX The liquidators of collapsed hedge fund Three Arrows Capital (3AC) filed a motion to amend their claim against FTX, increasing it from $120 million to $1.53 billion. Read More MoonPay turns non-custodial crypto wallets into primary bank accounts MoonPay has announced the launch of a payment solution that brings the convenience of fiat balances to the decentralized crypto ecosystem. Read More Crypto influencer Kevin Mirshahi found dead in Montreal park The body of Canadians crypto influencer Kevin Mirshahi was discovered at Île-de-la-Visitation park in Montreal, following his abduction from a condo in June. Read More Bitfinex hacker Lichtenstein sentenced to five years for 2016 crypto heist Ilya “Dutch” Lichtenstein has been sentenced to five years in prison for his role in the 2016 Bitfinex hack and subsequent money laundering. Read More Notabene secures $14.5 million to expand crypto compliance business Notabene has raised $14.5 million in a Series B funding round led by DRW VC, with participation from funds managed by Apollo, Nextblock, and Wintermute. Read More Sygnum Bank publishes annual survey findings: 63% have high risk appetite Sygnum Bank, the FINMA-regulated digital asset banking group headquartered in Switzerland, has conducted a survey that found 63% have high risk appetite, which is up from 2023. Read More

The Cyprus Securities and Exchange Commission (CySEC) intensified its efforts to combat unauthorized brokers by issuing yet another warning against multiple unlicensed providers. These providers have been blacklisted for offering trading services in foreign exchange (FX) and cryptocurrencies without the necessary authorization from CySEC. CySEC has also highlighted that some of these unlicensed brands are deceptively claiming affiliation with other brokers that are already regulated in Cyprus and hold the Cyprus Investment Firm (CIF) License. In response, CySEC has published a list of blacklisted domains associated with these unauthorized providers. WeonMarket (weonmarket.com & platform.dashboardweonmarket.live) offers trading services in Forex and CFDs but lacks the proper regulatory authorization to operate in Cyprus. NortenWay (nortenway.com & cfd.nortenway.com/register) is another trading platform that claims to provide financial services but is not recognized by CySEC as a licensed entity. PrimusCFD (primuscfd.net & client.primuscfd.net) operates similarly, providing online trading services in Forex and CFDs, but it is not authorized by any recognized financial regulatory body in Cyprus. Axia Group (axiagroup.co) markets itself as an investment firm but does not hold the necessary certifications to operate legally within the region. OctaMarketFX (octamarketfx.com) presents itself as a trading platform for Forex and CFDs, yet it does not have the required legal clearance from CySEC or other governing authorities. APMTrade (apmetrade.com) also offers financial trading services, including access to global markets, but it is not an authorized platform in Cyprus. Investous (investous.pro) is listed among the unauthorized platforms, providing access to CFDs and Forex markets without proper registration. Varkuti (varkuti.eu) and QuoMarkets (quomarkets.com) have both been flagged for operating without proper authorization, despite offering similar financial products and services. ProfitWave (profitwave.cc) has been flagged by CySEC for offering speculative trading services in Forex and CFDs, without the necessary regulatory approvals. Markets Adv Group (marketsadvgroup.com) claims to provide trading opportunities across multiple financial instruments but is not authorized to do so by CySEC. Oro Platform (platform-oro.com) is another financial platform that CySEC warns consumers about, as it is not registered to provide such services. VT Markets (vtmarkets.com & vtmarkets.net) is a Forex and CFD broker that operates without the necessary legal clearance and is on CySEC’s radar. Bybit (bybit.com), a well-known cryptocurrency exchange, is also under investigation due to concerns over its operations in markets regulated by CySEC. Chiron Group (chiron-group.limited) has been flagged for offering trading services without proper regulatory authorization, despite its claims of legitimacy. Game Changers WW (gamechangersww.com), along with Bybit and VT Markets, is under scrutiny for its involvement in unauthorized trading activities. As CySEC’s attitude of adopting more stringent licensing guidelines and operating regulations becomes ever clearer, certain aspects of the rules and operations start to come into sharper focus. Key among these changes is the obligation for every service provider dealing with crypto assets to register with the CySEC. Firms or individuals failing to adhere to this new stipulation will face severe consequences. Penalties for noncompliance range from hefty fines, potentially reaching up to €350,000 ($370,000), to custodial sentences lasting up to five years. In some cases, violators may face a combination of both fine and imprisonment.

Notabene has raised $14.5 million in a Series B funding round led by DRW VC, with participation from funds managed by Apollo, Nextblock, and Wintermute. Existing investors CMT Digital, F-Prime, Green Visor Capital, Illuminate Financial, Jump Capital, ParaFi Capital, Signature Ventures, and Y Combinator, upped their stake. Notabene to focus more on stablecoins and Travel Rule Since being launched, Notabene has helped process half a trillion dollars worth of transactions. The firm has seen a rapid 10x increase in transaction volumes over the past year, totaling nearly $500 billion in transaction volume. With over 165 companies using the platform, including some of the largest virtual asset service providers (VASPs) globally such as Copper, OKX, and Robinhood, as well as working relationships with regulatory bodies across hundreds of global jurisdictions, Notabene has probably built the largest network of transacting counterparties in the market today. The cryptocurrency compliance solutions provider will utilize the funds raised to expand its focus to support the growing number of traditional financial institutions moving into digital payments. With over $20T in stablecoin transactions processed last year, global adoption is on the rise and poised to be crypto’s long-awaited killer use case, the firm stated. Notabene offers the essential infrastructure for compliance, reconciliation, and safety, enabling open, interoperable payment networks that will drive the next wave of adoption. The Travel Rule – where exchanges, wallet providers, and payment processors are required to securely exchange information about sender and receiver – is now a requirement in most global financial centers. Notabene will continue to work with firms to help them ensure compliance with those rules and more. “Stablecoins are emerging as the preferred method” Kimberly Trautmann, Partner and Head of DRW VC, said: “Notabene offers a comprehensive and efficient way to track and disclose who an asset is being sent to, which is critical for those who facilitate the exchange, transfer, safekeeping, and administration of virtual assets (Virtual Asset Service Partners or VASPs) and need to be compliant with the Travel Rule. We believe Notabene is positioned to be the provider-of-choice, as it allows users to achieve real-time compliance, is protocol agnostic and does not require exposing sensitive information to other market participants.” Pelle Brændgaard, CEO of Notabene, added: “We’ve already established ourselves as a pioneer in Travel Rule compliance, and now, as regulatory clarity grows and adoption scales, we are positioned to do the same for payments. By enabling secure, compliant, and open digital asset transactions, we’re helping shape the next generation of global financial infrastructure. Our philosophy of building open networks to maximize reachability between transacting counterparties will be a key driver of adoption with both crypto-native organizations, as well as incumbent players in traditional finance that are showing an increased interest in digital assets and blockchain payment solutions. “With $20 trillion in stablecoin transactions processed last year, stablecoins are emerging as the preferred method for fast, low-cost global payments. As regulatory clarity expands, traditional financial institutions are beginning to recognize stablecoins’ potential. Notabene’s role as a trusted compliance provider is critical to unlocking this potential and establishing stablecoins as a legitimate payment medium worldwide.” Alexander Ross, General Partner, Head of NYC for investor Illuminate Financial, stated: “As the existing market leader for Travel Rule compliance, we believe Notabene has the potential to become the “SWIFT network” for blockchain transactions. There is a desperate need for a secure network to share all transaction metadata. This will enable compliance with global regulations and is a key pillar to unlocking mass adoption of stablecoins for payments. We have been working with the founders since 2021 and believe they are the best positioned to execute this vision.”

Gold has its own laws in trading. The most emotional of all financial assets is traded unlike anything else. Unlike any other commodity, every ounce newly mined adds to the existing stock of Gold. It moves from vault to vault, in various forms. Occasionally it is melted down and given a new form as jewelry, ingots, coins or something else. It is thus not consumed and is not lost. Every year, around 3,500 tons of new Gold are mined, which are added to the existing stock. This is in stark contrast to all other raw materials, such as Silver, Copper or other metals, which are constantly being lost due to their consumption or processing. Unlike Gold, other metals are not recycled at a rate of around 99.9%. A large proportion of the annual production is therefore consumed and does not return to the market. This means that demand can rise and fall for various cyclical reasons. The more the price rises, the lower the demand, because it is now considered too expensive. The more the price rises, the more willing Gold owners are to realize their profits. This makes it increasingly difficult for the Gold price to rise. Or the more it falls, the less the Gold holders are willing to sell their holdings because they perceive it as too cheap. On the other hand, the willingness to profit from the favorable price increases. That the Gold price can thus rise to USD 10,000, as certain market observers dream, is thus a very difficult proposition. Many Gold owners would be overjoyed to sell their holdings at USD 5,000 an ounce. But the higher the price rises, the fewer investors are willing to buy at these prices. While Gold holdings have historically always increased, the same could be said of financial assets such as equities. But equities rise and fall with the company’s earnings per share. If a company’s earnings per share rise, a higher price is justified. This is not the case with Gold. There is no earnings per ounce and no interest rate. It is the pure perception of the investor as to whether the ounce is currently too cheap or too expensive. Naturally, an investor views an ounce of Gold at around USD 2800 as expensive if the price has risen by 30% or more in recent months. This makes the owner of the Gold more willing to sell it. The opposite applies to potential buyers: the more the price of Gold has risen, the less willing they are to pay the now high price for an ounce of Gold. We have arrived at this level in recent weeks. Before the US elections, the high level of uncertainty meant that there was still a willingness to pay a much higher price. After the elections, which were obviously decided clearly, there are clearly fewer reasons to invest in Gold. At least in the short term. The selling pressure has been so strong over the last ten days that the Smart Investors Action in Chinese Gold trading has reached a massive level of ‘exaggeration’. This alone suggests that a countermovement is likely. Potential sellers have missed the ideal moment to sell, while potential buyers could increase their exposure at much lower prices… The stock market, regardless of the asset, is a real seesaw. And the selling pressure has been so strong recently that the ‘market pendulum’ has fallen to its lowest level in over eight months. This also indicates a high chance that the Gold price will recover in the coming days… Of course, the euphoria of the last few weeks has come to an end with the strong correction. The sentiment indicator also shows that Gold trading is at its most pessimistic level in almost three quarters… In recent months, China has been the center of the Gold trading world. However, Chinese investors are no longer willing to chase the sharply risen Gold price. Accordingly, the Gold price in Shanghai is trading at a discount compared to Western markets… And the West, which basically missed the rally in precious metals, continues to show no major action. The small movements of the ‘Smart Investor Action’ suggest indifference… But the ‘market pendulum’ of the market price has also swung to an extremely low value here, which actually suggests nothing other than a stronger countermovement… The ‘After Open Action’ in Western trading has even reached a negative extreme. This suggests that the big investors – who usually trade after the opening (After Open Action) – could now be jumping on the long-term precious metal rally… In the case of Silver, Chinese investors (or solar companies?) are still willing to pay a premium of over 5% compared to Western physical trading. It has decreased significantly, but it is still a positive indication from the world’s largest buyers of Silver… With the strong correction in precious metals, mining company stocks also fell to a hard floor. But here, too, the ‘balance of power’ is shifting: the indicator fell to a multi-month low – a countermovement is on the horizon… The last word belongs to palladium: although the market price recently fell back below USD 1000 per ounce, the massive reduction in short positions in futures positions by ‘non-commercials’ (investment funds) shows that sentiment here is changing from deeply pessimistic to confident again… The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.

Technology meets precision as Avenix Fzco launches its latest forex innovation. Engineered for MetaTrader 4 (MT4) platform users, Forexobot introduces sophisticated XAUUSD trading capabilities designed specifically for the hourly (H1) timeframe. The Technical Edge Advanced algorithms form the foundation of Forexobot’s trading methodology. These sophisticated systems continuously analyze market conditions, initiating trades when specific parameters align with favorable opportunities. By processing complex market data in real-time, Forexobot aims to identify potentially profitable trading scenarios with mathematical precision. Risk management stands at the forefront of Forexobot’s design philosophy. The Forex robot incorporates multiple layers of protection, including customizable Stop Loss and Take Profit settings. A dynamic trailing stop mechanism automatically adjusts protection levels during favorable price movements, helping traders maintain a balance between securing profits and maximizing potential gains. Performance and Adaptability Forexobot’s multi-trade handling capabilities set it apart in the automated trading landscape. This functionality enables users to diversify their trading approach, managing multiple positions simultaneously while maintaining precise control over their overall portfolio exposure. The system generates comprehensive performance reports, providing users with detailed insights into their trading activities. These analytics encompass essential metrics such as: Profit and loss tracking Drawdown analysis Win/loss statistics Position management data Risk exposure measurements Through these detailed metrics, traders can gain deeper insights into their strategy performance and make data-driven adjustments to their trading approaches. Community and Support Infrastructure Trading technology meets social collaboration within Forexobot’s ecosystem. The platform connects users to a vibrant community of traders, creating an environment where knowledge sharing and strategy discussion flourish. This collaborative approach benefits both newcomers seeking guidance and experienced traders looking to exchange insights. The learning environment extends beyond basic trading functionality. Users receive ongoing support through: Strategy development guidance Technical implementation assistance Market analysis discussions Risk management consultations Future-Ready Trading Technology As financial markets evolve, Forexobot demonstrates Avenix Fzco’s commitment to advancing trading technology. The integration of sophisticated algorithms with user-friendly interfaces creates an accessible yet powerful trading tool. Real-time adaptability to changing market conditions, combined with comprehensive risk management features, positions Forexobot as a versatile solution for modern traders. The system’s ability to process complex market data while maintaining user-friendly operation makes it suitable for traders at various experience levels. Whether managing conservative or more dynamic trading strategies, users can leverage Forexobot’s capabilities to potentially enhance their trading approach. About Avenix Fzco In the heart of Dubai’s thriving technology sector, Avenix Fzco combines trading expertise with technological innovation. The company’s development team unites seasoned market professionals with skilled software engineers to create cutting-edge trading solutions. The 2024 launch of Forexobot represents their dedication to advancing automated trading capabilities. Traders can explore Forexobot’s capabilities firsthand by visiting Avenix Fzco’s website, where demo access allows for hands-on evaluation of the platform. https://forexobot.com/   The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.  The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained herein.

Amana Capital’s former CEO, Ahmad Khatib, and its business development officer Ziad Melhem joined MENA-focused brokerage firm CFI Financial Group. Ahmad Khatib was installed as Chief Business Development Officer and Ziad Melhem is taking the role of Chief Marketing Officer. Both have been advising CFI’s board over the last two years with their industry expertise, the broker said in a statement. Khatib, with 25 years in finance, steps in as CBDO to oversee strategies that adapt to changing client needs and competitive markets. Melhem, a marketing expert in financial services, will focus on strengthening CFI’s brand across the MENA region and beyond as the new CMO. According to Co-founder Hisham Mansour, their addition to the team reflects CFI’s focus on further growth and industry leadership. “Welcoming Ahmad and Ziad as part of our executive team signals the continuation of a powerful chapter in the history of CFI. With their full dedication, they bring unique strengths that complement our senior management, positioning us to drive CFI toward even greater achievements, and reinforce our leadership and innovation in the trading industry,” added Hisham Mansour. Khatib has originally started his career in 1998 as an auditor with KSA-based Arthur Andersen, then joined Arab Bank in Dubai. Other stops include assuming the position of CFO of Dubai TV, CEO of Orion Holding, and also hosted a show called “Bayn Alarkam” on CNBC Arabia. Ahmad Khatib led Amana Capital since its inception back in 2010. He stepped down in 2022 for “personal reasons,” but stayed in an advisory role to ensure a leadership transition. Ziad Melhem also left Amana Capital at the end of 2021 to pursue personal interests. Melhem, who served at the broker for over eight years, was instrumental in driving the retail broker’s growth and customer base. Ziad is also the founder and CEO of GoldenHill, a company that provides professional consultancy and training in leadership, team engagement, human resources, marketing, sales and process improvement.

Zenfinex Limited, authorized and regulated by the Financial Conduct Authority under firm reference number 816055, has announced a strategic partnership with Your Bourse to improve its strong and diverse liquidity offerings across multiple assets, along with access to bespoke Your Bourse technology to boost profitability. The partnership with Your Bourse, a top provider of ultra-low latency trade execution, risk management, and MT4 Bridge and MT5 Gateway solutions, allows retail brokers to access an advanced technological package at no additional cost when using Zenfinex as a liquidity provider. Learn more about the offer > This collaboration is set to benefit a diverse clientele, including professional clients, brokerages, regulated asset managers, hedge funds, and regional partners, giving them an advantage to succeed in the financial markets. Zenfinex aims to provide its clients with better trading experiences in all asset classes by combining Your Bourse’s ultra-fast trade execution technology, bridge solutions, and advanced risk management tools. The collaboration uses both companies’ strengths to create customised liquidity solutions that meet the unique needs of different client segments. Understanding the difficulties brokers face in obtaining efficient liquidity and technological benefits, Zenfinex has adopted a client-focused approach. This method encourages open and continuous communication, making it easier for clients to tackle market complexities. Zenfinex offers custom liquidity solutions with deep pools and competitive pricing for over 1500 instruments, including Forex, shares, commodities, and metals. Combined with Your Bourse’s advanced trade execution technologies, this ensures a coherent trading environment for brokers of all sizes, improving performance and agility. Zenfinex prioritizes security and uptime, protecting against cyber threats and minimizing downtime for uninterrupted trading. Brokers also benefit from enhanced transparency with comprehensive reporting, building trust and supporting informed decision-making. Moreover, the personalized support provided by Zenfinex is particularly valuable for startups and smaller firms. Tailored solutions to unique trading challenges and responsive service help brokers confidently handle the market’s hurdles and intricacies. Angelo Pieries, Commercial Director at Zenfinex, comments on the partnership’s strategic impact: “Our collaboration with Your Bourse significantly enhances our ability to support a broad range of clients. By improving our liquidity offering, we’re providing a stronger platform that enhances market access and execution speeds for our clients. Together, we’re advancing brokerage services by integrating advanced technology with focused client engagement, aiming to improve outcomes in the financial markets”. Zenfinex and Your Bourse’s partnership goes beyond just providing liquidity and technology – together, they help set brokers on a path to success by offering various services tailored to enhance brokerage operations.  Your Bourse is well known for their excellent features which make for a smooth trading experience. From ultra-fast trade execution using their Matching and Pricing Engine, to easy platform integration with MT4 Bridge and MT5 Gateway. Not to mention effective risk control due to their advanced risk management and hedging tools. All in all, using Your Bourse comes with great benefits: Profit Maximisation: Your Bourse platform helps brokers optimise trade flow, streamline operations, and seize market opportunities, leading to higher revenue. Easy Integration: Our technology seamlessly connects with MT4/MT5 and other platforms, allowing you to use advanced features without altering your infrastructure. Improved Trade Management: Your Bourse provides tools for effective trade flow management, enabling brokers to match offerings with market demands, optimize routing, and make data-driven decisions for better profitability and efficiency. By joining the Premium Liquidity program offered by Your Bourse and selecting Zenfinex as their liquidity provider, brokers can access Your Bourse’s freemium solution, which includes the following features: Matching & Pricing Engine: This flagship product from Your Bourse boasts ultra-low latency (2-microsecond order processing), advanced order types, symbol mapping, custom price and volume multipliers, order routing, and advanced aggregation rules. Premium LP FIX Connector: Benefit from a FIX API and a cross-connect to Zenfinex. MT4 Bridge/MT5 Gateway: A high-performing, lightweight, and stable solution for processing trades outside MetaTrader, complete with advanced pricing and routing settings. Real-time Logs (System and FIX): Investigate trades in real time using real-time logs and a built-in FIX message parser. Customisable Real-time Reporting via Trade Blotter: Regulatory and brokerage performance reporting with raw and precalculated data. 250 Symbols of Choice: Brokers can choose from a variety of symbols offered by Zenfinex. 1 Billion Notional Volume (A-Book and/or B-Book): The volume calculated is based solely on executions within the Your Bourse platform. Platform Hosting in Equinix Data Centers: Your Bourse infrastructure is co-located with Premium LPs for optimal performance. Technical Support: Receive email support with a guaranteed 48-hour response time or instant escalation via Premium LP. Additionally, brokers can expect email technical support with a guaranteed 48-hour response time for any queries. Brokers have the opportunity to review the complete trading terms offered by Premium Liquidity Providers. To access these services, they can sign up by creating a free account. * Trading forex and CFDs can be risky, and you might lose more money than initially invested. These products carry a high level of risk. About Zenfinex Zenfinex Global Limited is a company registered in Seychelles with registration number: 8428731-1, and is regulated by the Financial Services Authority of Seychelles with License number: SD092. Its registered office is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles. About Your Bourse Your Bourse is the connectivity provider that offers software solutions for the retail and institutional MT4/MT5 brokers. Including: MT5 gateway & MT4 bridge, multi-asset liquidity aggregation, risk management, client profiling, realtime and historical reporting, MT4/MT5 hosting in all Equinix data centers with 99.999% SLA, plugins for MT4 & MT5 and FIX API connections for the B2B clients. Risk Notice: Please be aware that trading in forex and other similar products comes with substantial risk, and it might not be the right choice for everyone. When dealing with financial instruments, there’s a chance of losing money as well as making profits. In some cases, your losses could exceed your initial investment. To make sure you’re well-informed, it’s essential to understand the risks involved in these transactions. If needed, consider getting independent advice before you start trading.

Broadridge has announced the appointment of Alix Jules as AI Business Transformation Leader, based in New York City and reporting into Roger Burkhardt, Head of AI. Alix Jules will be responsible for leading the global vision, strategy and transformation agenda for internal initiatives that will enhance productivity, improve quality and accelerate time to market. Alix Jules joins Broadridge from Google Alix Jules joins Broadridge from Google, where he worked for nearly three years under a similar role. Other leadership roles include IBM and Verizon Business. His transformation leadership experience includes a proven track record of translating GenAI and other digital productivity tools into streamlined business operations to achieve more efficient business outcomes. The appointment of Alix Jules further strengthens Broadridge’s commitment to advancing AI-powered innovations, including BondGPT, OpsGPT and Tradeverse. “Understanding of both the human and technical elements” Roger Burkhardt, Head of AI for Broadridge, said: “We are excited to have Alix join Broadridge where we are dedicated to leveraging AI to better serve our clients, empower our staff and drive efficiency in operations. Alix’s background in digital and AI driven transformations brings invaluable “hands on” expertise to our business and operations teams as they transform the ways in which we service our clients and meet the needs of the financial services industry. He brings deep and practical understanding of both the human and technical elements of business transformations.” Alix Jules, AI Business Transformation Leader at Broadridge, commented: “I am excited to join an organization that is dedicated to driving value and helping clients increase efficiency through technology-driven solutions. I look forward to leveraging my experience and expertise to unlock the transformative potential of AI.” Broadridge announced David Fellah as VP of AI Trading Solutions Earlier this month, Broadridge announced the addition of David Fellah as Vice President of AI Trading Solutions, reporting to Roger Burkhardt, Enterprise Head of AI and Data and CTO of Capital Markets. David Fellah is expected to be instrumental in leveraging data, AI, and analytics to deliver solutions that enable clients to improve trading strategies and reduce costs. The appointment of David Fellah builds on Broadridge’s investment in bringing to market live AI-powered innovations such as: BondGPT, which assists users in identifying corporate bonds and answers complex bond-related queries; OpsGPT, a Gen-AI-powered co-pilot that uses transaction, settlement, and position data to provide clients real-time visibility for faster fail resolution; and the recent launch of Tradeverse—a real-time, multi-asset, unified global data platform foundational to delivering the value of data and AI to clients. With nearly thirty years of expertise at the cutting edge of trading technology, quantitative research, and advanced analytics, Fellah brings significant leadership experience from roles at Instinet, LLC (Nomura), ITG, and J.P. Morgan. David Fellah specializes in quantum computing, order routing, portfolio execution, impact modeling, signals research, and algo research and development in crypto, FX, futures, and equities. As part of its efforts to stay at the forefront when it comes to AI innovation, Broadridge’s fixed-income subsidiary LTX was awarded four new patents covering bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol. The patented technologies enhance various trade workflows, enabling better bond and counterparty selection and e-trading for larger orders. These innovations aim to improve pre-trade decision-making and trade execution efficiency. This could lead to potential price improvements due to multiple responding parties.

In the realm of automated forex trading, a new solution has emerged from Dubai’s fintech sector. Avenix Fzco’s Fexobot, an Expert Advisor (EA) for MetaTrader 4, focuses exclusively on gold trading within the H4 timeframe, bringing a fresh perspective to automated trading systems. Fexobot’s Specifications The technical foundation of Fexobot stems from its sophisticated market analysis capabilities. Drawing from historical data dating back to 2016, the system employs an intricate combination of Moving Averages, Momentum indicators, and Fractal analysis. These components work in concert to decode market patterns and identify potential trading opportunities in the gold market. Support and resistance levels serve as key trigger points for the system’s trade execution protocol. When these critical levels emerge, Fexobot responds by placing strategic BUY STOP or SELL STOP orders. The system’s adaptive nature allows for position enhancement during favorable market conditions, adding complementary trades that align with the prevailing trend. Protection of trading capital remains paramount in Fexobot’s operational framework. The forex robot incorporates multiple safeguards, beginning with dynamic Stop Loss and Take Profit levels for every trade. A customizable Trailing Stop function adapts to market movements, while the BreakEven feature helps secure positions once predetermined price levels are achieved. Notably, Fexobot avoids high-risk methodologies like Martingale or Grid strategies, instead relying on technical analysis-driven decision making. Thinkberry Partnership: Data Processing Excellence Quality data forms the backbone of Fexobot’s analysis, provided through integration with Tick Data Suite, operated by Thinkberry SRL. Traders can fine-tune various aspects of their setup, including spread parameters, slippage controls, and margin requirements, ensuring the system aligns with their individual trading preferences. Trading Interface and Community Ecosystem The user experience extends beyond pure trading functionality. Through an intuitive interface featuring multiple monitoring tabs, traders can track performance metrics and adjust system parameters with ease. Money management tools allow for customization of lot sizes and risk tolerance settings, providing flexibility while maintaining strategic consistency. Avenix Fzco has cultivated a supportive environment for Fexobot users through their community platform. This space serves as a knowledge hub, offering educational resources such as tutorial videos, regular webinars, and detailed market analysis reports. The community aspect encourages collaboration among traders, fostering an environment where both newcomers and experienced users can share insights and strategies. Innovation in automated trading requires a balance of technological sophistication and practical application. Fexobot represents Avenix Fzco’s approach to achieving this balance, combining advanced analytical capabilities with robust risk management features. The system continues to evolve through regular updates and community feedback, adapting to the dynamic nature of gold trading. About Avenix Fzco At the intersection of finance and technology, Avenix Fzco stands as a developer of innovative trading solutions in Dubai, UAE. Their expertise in creating forex robots addresses the evolving needs of modern traders. The company’s dedication to advancing automated trading technology is evident in their detailed approach to system development and commitment to user success. Traders can evaluate Fexobot’s capabilities and access testing resources at https://fexobot.com/.   The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.  The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained herein.

MoonPay has announced the launch of a payment solution that brings the convenience of fiat balances to the decentralized crypto ecosystem. Going by the name of MoonPay Balance, the solution empowers users with the ability to hold and spend balances on MoonPay’s direct integration with non-custodial wallets and exchanges through MoonPay. MoonPay Balance bridges fiat with DeFi This eliminates the friction associated with traditional crypto purchases on decentralized platforms, where transaction declines, high fees, and subpar user experiences have deterred potential users. Further, holding and spending balances directly from MoonPay removes the need for complex processes and costly intermediaries, providing a more efficient, user friendly and affordable experience. MoonPay Balance aims to correct the previous norm within crypto, where fiat balances only existed on centralized exchanges and traditional fintechs such as Coinbase, Revolut, and Robinhood. The new solution brings this payment method to the decentralized ecosystem as a new way to transact, where users simply top up their MoonPay Balance and complete purchases quickly and cost-effectively. Ivan Soto-Wright, CEO and Co-founder at MoonPay, said: “MoonPay Balance is more than just a payment solution; it’s a catalyst for a new era of financial freedom. In the future, users can expect their non-custodial crypto wallets to serve as their primary bank accounts. “Imagine seamless management of your finances: investments, spending, savings, and payments, all from one place, while retaining full control over your assets. MoonPay Balance is a critical step towards this future, bridging the gap between fiat and crypto and making it accessible to everyone with a familiar and user-friendly experience.” MoonPay available in UK and Europe. US is next According to the announcement, MoonPay Balance charges zero MoonPay fees on all transactions, including top up and withdrawals, but partner fees and network fees still apply. In addition to fast transaction speeds and high approval rates, MoonPay Balance can be used across MoonPay’s extensive network integrations with 300+ partner wallets and decentralized exchanges. Early launch partners include Phantom, MetaMask, Uniswap and Bitcoin.com. By partnering with leading non-custodial wallet providers, MoonPay ensures users maintain complete control and ownership of their crypto assets. This lowers the risk of account freezes or hacks often experienced on centralized platforms. MoonPay Balance requires a quick and secure KYC process to enable deposits. Once KYC is completed, users can top up their balance using their preferred payment method. Only users in the UK and certain EU countries (for GBP or EUR) are supported at this time. The firm aims to expand to the US and ROW in due time. MoonPay Balance supports various payment methods, including SEPA, Faster Payments, and Open Banking, with plans to expand to more options in the future including ACH, Wire, and RTP. MoonPay registered with AUSTRAC for Australia operation MoonPay recently registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. The move will help the Miami-headquartered crypto trading platform founded by Ivan Soto-Wright and Victor Faramond in 2019 to establish local payment processing relationships across Australia. MoonPay currently holds registrations in the U.K., Ireland, Italy, Canada, and Australia, alongside 44 Money Transmitter Licenses to operate across the United States. The crypto unicorn is backed by venture firms such as Tiger Global, Coatue, Blossom Capital, Thrive Capital, and Paradigm. The startup focuses on bridging fiat-to-crypto transactions using debit and credit cards. As crypto asset adoption continues to grow in Australia, MoonPay may enable residents and local firms to use alternative payment methods such as Osko and PayID. One in five Australian adults currently or previously owned crypto assets, according to a recent poll in Australia, a country that launched its first Bitcoin ETF in June. The AUSTRAC registration prompts MoonPay to comply with Australia’s AML/CTF Act, the main piece of government legislation that regulates the regulator’s functions. Although MoonPay’s registration is not a license or endorsement by AUSTRAC, it sets the firm to adhere to reporting, KYC, and record-keeping requirements.

Gold can be expected to fall further toward the next major round support level 2500.00 (which is the target price for the completion of the active intermediate ABC correction (4)).   – Gold broke support zone – Likely to fall to support level 2500.00 Gold has been falling sharply over the last few trading sessions and recently broke the support zone lying at the intersection of the key support level 2600.00 (former monthly low from October, as can be seen from the daily Gold chart below) and the 38.2% Fibonacci correction of the upward impulse from August. The breakout of this support zone accelerated the active short-term impulse wave C, which belongs to the intermediate ABC correction wave (4) from the end of October. Given the strength of the active impulse wave C and the widespread safe haven outflows from gold on the possibility the upcoming peace talks in Ukraine, Gold can be expected to fall further toward the next major round support level 2500.00 (which is the target price for the completion of the active intermediate ABC correction (4)). Gold Technical Analysi The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

PayPal USD (PYUSD), a stablecoin that is fee-free and backed by US dollars, issued on Ethereum by Paxos, and available to eligible US PayPal account holders, is now leveraging LayerZero. LayerZero is an interoperability protocol that features an Omnichain Fungible Token (OFT) Standard. PYUSD will leverage LayerZero’s OFT to enable transfers between Ethereum and Solana while eliminating liquidity fragmentation and ensuring fast, secure, and cost-effective transactions for both users and businesses. The stablecoin will now enable users who self-custody their tokens to seamlessly transfer assets between blockchains without needing to rely on centralized platforms like Venmo or PayPal. OFT unlocks a new level of interoperability for stablecoins Bryan Pellegrino, CEO of LayerZero Lab, said: “The OFT standard unlocks a new level of interoperability for stablecoins. By using LayerZero, PYUSD can move seamlessly between Ethereum and Solana – helping holders move their tokens between chains to use how they want and when they need to.” Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies at PayPal, commented: “We believe that PYUSD holders will welcome the flexibility and convenience offered by LayerZero.” Flexibility aims to advance digital commerce PYUSD transfers are secured by a selection of Decentralized Verifier Networks (DVNs) chosen by PayPal USD and Paxos. At launch, the security framework includes verifiers such as Paxos, Google Cloud, LayerZero Labs, Horizen Labs, and Nethermind. This setup ensures robust, varied, and enterprise-level protection for transactions of all sizes. Paxos maintains the ability to update or replace verifiers, preventing vendor lock-in and ensuring continuous security enhancements. The use of LayerZero’s OFT Standard allows PYUSD holders to choose their preferred blockchain, like Ethereum or Solana. This flexibility aims to advance digital commerce by enabling faster, more accessible, and future-oriented payments. PayPal is among top ten stablecoin issuers Launched in August 2023, PYUSD’s supply reached 230 million by the end of 2023. Since then, the total supply of the stablecoin has more than doubled, surpassing the 500 million mark this month, according to data from DeFiLlama. In June 2024 alone, the supply of PYUSD increased by 97%, rising from 270 million on June 26 to over 533 million. This growth places PayPal among the top ten stablecoin issuers, with Tether USD leading the niche with a supply of over 112 billion. The growth in PYUSD’s supply followed its expansion to the Solana network in May. Solana now hosts about 134.5 million PYUSD tokens, which is 25.2% of the overall supply. Meanwhile, nearly 399 million PYUSD stablecoins are on Ethereum, according to The Block’s price page. PYUSD’s adoption on centralized exchanges such as Crypto.com and its integration into decentralized finance protocols like Curve and Frax have also contributed to the stablecoin’s growth over the past year. BVNK is able to mint and burn PYUSD tokens In May, BVNK integrated PYUSD into its payments platform and has the ability to create (mint) and remove (burn) tokens directly for its customers, through its partnership with PYUSD issuer Paxos. BVNK customers can now create PYUSD wallets, settle suppliers, pay contractors and employees around the world and accept consumer payments in PYUSD – through BVNK’s API, hosted payments page, or merchant portal. They can also settle PYUSD into fiat currencies like EUR and GBP. PYUSD is an ERC-20 token operating on the Ethereum blockchain. Despite only launching in August 2023, 11 million people traded PYUSD in its first six weeks. In April 2024, it reached a market cap of $320 million.

Dubai’s financial technology sector has welcomed a new innovation in automated trading. Avenix Fzco, a financial technology company, has introduced Botogon, their latest Expert Advisor (EA) for the MetaTrader 4 platform. This forex robot brings advanced capabilities to automated trading, focusing specifically on the gold market. Through sophisticated algorithms and dedicated market analysis, Botogon aims to transform how traders approach the XAUUSD market. Core Capabilities The Automated Analysis Engine represents the heart of Botogon’s operational framework. This sophisticated system works tirelessly to process market data and identify potential trading opportunities. Continuous monitoring of XAUUSD (Gold/US Dollar) markets Advanced algorithms for identifying support and resistance zones Real-time data processing on the H1 (one-hour) timeframe These core features form the foundation of Botogon’s analytical capabilities, enabling traders to leverage automated market analysis around the clock. The system’s focus on the H1 timeframe provides a balanced view of market movements, capturing both short-term fluctuations and broader trend developments. Protection and Management Features enhance the EA’s ability to handle market volatility and protect trading capital. Dynamic Auto-lot functionality adjusting trade sizes Adaptive position sizing based on account equity Customizable trailing stop mechanisms Advanced Risk Architecture Botogon incorporates sophisticated risk management tools designed to protect trading capital. The system’s approach to risk combines several key elements that work together to maintain consistent risk management across varying market conditions. Trade Size Optimization lies at the heart of Botogon’s risk management approach. Through its Auto-lot feature, Botogon dynamically calibrates position sizes based on current account equity. This automated adjustment aims to maintain consistent risk levels across varying market conditions, adapting to changes in account balance and market volatility. Stop-Loss Management provides an additional layer of protection for trading positions. The EA employs advanced stop-loss mechanisms, including trailing stops and breakeven points. These tools automatically adjust as market conditions change, helping to protect potential profits while managing ongoing risk exposure. Support Structure Community Platform Avenix Fzco has developed an interactive online space where Botogon users can engage with fellow traders and share valuable insights: Share trading experiences Exchange strategy insights Discuss market observations This community aspect creates a collaborative environment where traders can learn from each other’s experiences and develop their trading strategies collectively. Technical Assistance ensures that users can maximize Botogon’s potential through comprehensive support: Software installation guidance Configuration assistance Strategy implementation help Future Development Avenix Fzco maintains an active development cycle for Botogon, regularly enhancing its capabilities through systematic updates and improvements: Algorithm refinements Feature additions Performance optimizations These updates incorporate both market analysis and user feedback, ensuring the EA evolves alongside changing trading conditions and user needs. The company’s commitment to continuous improvement reflects their understanding of the dynamic nature of forex markets and the importance of adapting to new challenges and opportunities. About Avenix Fzco Based in Dubai, United Arab Emirates, Avenix Fzco specializes in developing advanced forex trading solutions. The company combines financial expertise with technological innovation to create sophisticated trading tools for the MetaTrader 4 platform. Through their commitment to continuous improvement and user support, Avenix Fzco aims to enhance the trading experience for their users. To test Botogon’s trading capabilities, interested users can access the demo version on Avenix Fzco’s website. https://botogon.com/   The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.  The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained herein.

Imagine taking to the road without your GPS to guide you along the way; that’s how it would feel to successfully run a business without a well-structured financial model. To companies that base their decisions on informed choices, financial modelling services play a paramount role. In this tutorial, we look at what financial modelling really is, its benefits, and the key techniques necessary to get the most out of the method. Understanding Financial Modeling A number of companies seek financial modelling consulting like Acquinoxadvisors so that they understand their financial health holistically and make decisions based on facts. In simpler terms, financial modelling services build a systematic model that projects a company’s financial performance. The model projects future scenarios based on assumptions derived from historical data and financial theories.  The three-statement model, encompassing an integrated income statement, balance sheet, and cash flow statement, forms the basis of financial modelling. This gives a total view of the firm’s finances; thus, it’s an important tool for every financial forecasting & modelling expert. Key Elements of Financial Models Income Statement: Tracks revenues, expenses, and net profit. Balance Sheet: Reflects assets, liabilities, and equity at a given point. Cash Flow Statement: Projects cash inflows and outflows, which are vital for managing liquidity. When combined, these elements form a robust framework that guides companies in assessing their financial status and planning strategically. Why Financial Modeling Matters For businesses, financial modelling is more than just crunching numbers—it’s about building a roadmap for success. Here’s why financial modelling services by AcquinoxAdvisors are essential as they chart the road map to success. Here’s why financial modelling services are important: Smarter Decision Making A good model provides an idea of what could happen if a number of scenarios are considered, and it helps a business balance risk against reward. Financial models make the consequences of decisions overt and reduce uncertainty about whether the launch of a new product or expansion is considered.  Winning Over Investors Investors want transparency and data-driven insight. Professional financial modelling empowers the business to paint a fully transparent picture of its growth potential to prove expected profitability and ROI. It provides all the transparency required to assist in trusting and attracting funding. Strategic Planning and Budgeting Financial models underpin the realistic setting of budgets and forecasts. These allow for the indications of problem areas and opportunities so that appropriate strategies can be implemented accordingly. Expertly undertaken financial forecasting and modelling services ensure the projections will be accurate and reliable. Effective Risk Management Scenario and sensitivity analyses reveal what eventualities in the relevant factors will affect the projected financial outcome of the business. This proactive step gives early warnings of risks and their mitigation. Popular Techniques in Financial Modeling As there are so many different types of business problems, techniques to be used in financial modeling will vary also. Some of the popular techniques undertaken by any financial modelling consulting firm include the following: Three-Statement Model: Integrates into one big picture the three key financial statements of a business, namely the income statement, the balance sheet, and the cash flow statement. Discounted Cash Flow (DCF) Analysis: Projects the present value of future cash flow a firm generates to estimate intrinsic value. Scenario Analysis: Assists in analyzing the financial consequences of different scenarios for the purpose of strategic decision-making. Sensitivity Analysis: The level of sensitivity resulting from changes in these important assumptions identifies the most influential variables. Comparable Company Analysis: Comps-Values business based on a comparison with the industry peers. Companies for whom comprehensive financial strategy is highly required often outsource expert services to professional companies to make accurate analyses and forecasts. Tools for Building Financial Models Microsoft Excel remains the most utilized tool in financial modeling because of its high degree of flexibility and powerful features. With increased advancement in software, businesses that need specialized functionalities can definitely cater to those needs. Your choice of tool may affect the quality of the model or how well it is made. It’s just as important to note the financial modelling fees while choosing a service provider. Who Uses Financial Modeling? Financial modelling is used in a wide variety of industries and functions including: Investment Bankers: Value mergers and acquisitions using complex models. Equity Analysts: Project the stock valuations and price movements to make investment decisions. Corporate Strategy Teams: Decide on product launches or market expansions. Startup Founders: Build revenue projections and maintain cash flow to attract investors. All of these professionals rely on the services of financial modelling to arrive at correct data-driven decisions to help them reach their strategic objectives. Financial Modeling Across Industries From rеal еstatе to hеalthcarе, financial modelling plays a very important role in projеct еvaluation, prеdiction of markеt fluctuations, and ascеrtaining growth targеts. In applications rеlatеd to е-commеrcе, say, onе would еmploy tеchniquеs for forеcasting in order to arrivе at or prеdict consumеr behaviour. For health care, financial modеls will undеrpin an analysis of thе impacts of introducing nеw trеatmеnts or еxpanding thе facilities. How to Build Your First Financial Model The simple approach allows novices to make financial modelling quite easy. Here’s a simplified version of a roadmap for you: Gather Historical Data: You should require data from the income statement, balance sheet, and cash flow reports.  Establish Assumptions: You set key assumptions regarding market trends and growth estimates. Build the Model: You link up financial statements through the three-statement approach.  Sensitivity Analysis: Run different scenarios with the aim of testing various variables’ effects on the output of the model. Rеfinе and Updatе: Thе modеl should bе continuously rеfinеd whеnеvеr nеw data bеcomеs availablе.  Profеssional Financial Modеling Consulting Sеrvicеs spееd up the financial modeling procеss, еspеcially for complicatеd businеss scеnarios. Discover Your Financial Journey Financial modeling is a very strategic asset, lending clarity and insight to help the enterprise confidently sail through the financial journey. Be it attracting investors or planning growth, a sound financial model forms the base for informed decisions. The quality of your financial models can be further improved by engaging experts, who ensure accuracy and reduce the possibility of costly mistakes. Want to enhance your financial planning? Professional financial modelling services make sure that the growth of your business is complete.

With the development of technology and the expansion of the online world, trading is becoming the most popular way to make money online. The Forex market, without exaggeration, is one of the largest and most active financial markets in the world. Proof of this is the fact that the daily turnover of the Forex market is greater than the turnover of all national stock markets together. To start trading a novice trader needs to find a reliable dealer through whom transactions will be carried out. Keep in mind, that this market involves trading currency pairs. The Forex market is a great place for trading, as it has a large number of benefits. For example, round-the-clock trading, high liquidity, a large variety of currency pairs, stability, low entry threshold, and minimum restrictions. By the way, there are many different platforms for Forex trading, but not all of them are reliable. You should definitely try Justmarkets: Justmarkets mt4 download will open up many new trading opportunities for you. Trading strategies are an excellent tool that will help you more accurately predict events in the Forex market. Below you will see several types of strategies, and you will definitely find the one ideal for you! Scalping. The strategy is to carry out very short-term transactions. As a rule, they open only for a few minutes. Swing trading. The goal of this strategy is to profit from short-term price partners. Positions with this strategy are held for several days.  Intraday trading. In this case, trades are open only during the day, thus, the influence of large movements at night is excluded. This strategy is perfect for a beginner. Positional trading. This strategy requires a lot of patience as it involves long-term trend tracking. As a rule, schedules in this case are checked at the end of the day. Forex And AI AI is present in almost all areas of modern life, therefore, it is not surprising that it is also related to the Forex market. For example, algorithm-based AI tools can help track market fluctuations, so traders can determine the right time to trade.  AI also greatly simplifies and speeds up the process of studying new information, so traders remain aware of all changes and important factors. Moreover, modern AI tools help traders automate their strategies: they process data much faster, and thus, make it possible to immediately conclude trades. Artificial Intelligence can also assess risks and prevent fraud.   Thus, AI has already begun to influence the Forex market, and traders should definitely take this fact into account when trading.  Forex And RPA Robotic process automation is a relatively new concept in the world of innovative technologies. It is the automation of repetitive tasks that helps to overcome possible risks, and this also applies to Forex brokerage. One of its main advantages is minimizing the likelihood of human error. Thus, more resources will be focused on improving strategies or analyzing performance, for example.  Thanks to RPA it becomes possible to make transactions in the most economical way, regardless of the chosen currency pair. It also gives brokers the ability to manage a larger number of Forex broking tasks with smaller teams. As you can see, even Forex trading can be improved with robotic process automation, especially in the areas of risk management, data entry, and trade execution. Future Of The Forex Market Today, trading in the Forex market is very popular and allows many to earn good money without leaving home, so it does not seem at all that this trading will cease to be interesting for new traders. Every year this market improves and becomes more comfortable for trading.  We are confident that over the years Forex will become more and more popular, because, despite everything, today there are still those, who have heard something about this market, but have never checked how it works, as well as those, who have not even heard of it.  There is also a high probability that Forex market trends will no longer be as clear as they are now. This is due to the fact, that the number of participants will increase, and as a result, the response to various important events will become faster. Also, most likely, the market volatility will increase.  Today, there are a huge number of strategies in the public domain, and many traders use them. However, the situation may change in the future. There is a possibility that there will be an increase in demand for paid strategy options, which will be a kind of “marketing ploy”. We remind you that these are only predictions based on expert opinions. You can be sure that despite any changes, Forex will remain the most popular market for traders, because it has a huge number of advantages that will only increase in the future.  The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.

The partnership supports Exinity’s ambitious product development plans by expanding capabilities to deliver innovative trading and investing experiences across a wide range of asset classes. TraderEvolution’s multi-asset technology will be integrated as part of Exinity Group’s trading capabilities to support its trading and investing brands over the coming year. Exinity’s Group Chief Commercial Officer, Alison Cashmore said, “We’re passionate about enabling individuals in the fast developing economies of the world to access financial freedom through innovative investing, trading, and education experiences. We’re excited to work with Trader Evolution to help power our rapidly growing portfolio of creative financial services.” Exinity Group pioneered online trading for the retail market in the late 1990s and remains at the forefront of trading and investing innovation for individuals. The group’s brands include global FX broker FXTM, AI-powered investing app Nemo, and Web3 gaming and edtech ecosystem PiP World. Roman Nalivayko, CEO of Trader Evolution Global Ltd added: “We are thrilled to announce Exinity’s implementation of TraderEvolution’s core back-end multi-asset trading platform. This integration represents a significant milestone for both companies and further demonstrates the limitless possibilities that our core trading engine provides for brokers to work in different directions, offering unparalleled flexibility and scalability.” “Exinity is an industry-renowned electronic trading company, whose choice to implement the TraderEvolution platform further demonstrates our position as a leading provider of advanced trading infrastructure” concluded Mr Nalivayko. About Exinity In the fast-growing economies of the world, there’s a new generation of ambitious younger people eager to gain financial independence. And they’re turning to the world’s financial markets to achieve it. Exinity’s mission is to empower them to succeed. We design, engineer, and market a growing range of innovative trading and investing products that deliver exciting new ways to access the world’s financial markets. Exinity is an energetic and diverse company with choices, regulation, and teams across Europe, Asia, and Africa. www.group.exinity.com About TraderEvolution Global Ltd TraderEvolution is a multi-market, multi-asset trading platform provider offering modular, tailored solutions that are centered around a comprehensive core back-end with established connectivities to dozens of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications. The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or complement their existing solutions. www.traderevolution.com

The FBI raided the New York City home of Polymarket CEO Shayne Coplan, seizing his phone and electronic devices. The raid was reportedly conducted at 6:00 am ET on Wednesday as confirmed by a Polymarket spokesperson. He labeled it as “political retribution” by the Biden administration for hosting a platform that allegedly “correctly called” the recent U.S. presidential election in favor of Donald Trump. A source cited by the New York Post called the raid “grand political theatre,” suggesting authorities could have simply requested Coplan’s devices through his attorney. According to the source, the FBI might be investigating Polymarket for potential market manipulation or accusations of favoring Trump in its election polls. Polymarket, a decentralized betting platform, processed $3.7 billion in bets on its “Presidential Election Winner 2024” market, drawing criticism over its influence on the election narrative. Although U.S. residents are officially prohibited from placing bets on the platform, some have reportedly used VPNs to bypass restrictions. Ahead of the election, Polymarket was verifying that major bettors were overseas-based, as U.S. law restricts such activities. In early 2022, Polymarket settled a $1.4 million fine with the U.S. Commodities and Futures Trading Commission (CFTC) for offering unregistered event-based binary options. The FBI has yet to make any formal arrests or charges, while Coplan and Polymarket await further developments. Polymarket’s election odds, which have increasingly favored former President Donald Trump since early October, are consistent with those on other platforms, the company said. The sharp rise in Trump’s odds followed months of close competition with Vice President Kamala Harris, who maintained a lead earlier in the year. Interestingly, a pseudonymous French trader, known as “Fredi9999,” reportedly placed at least $20 million in pro-Trump bets, standing to earn nearly $50 million in profits. The decentralized prediction market platform confirmed that the trader, who has a strong background in finance and trading, used four separate accounts — Fredi9999, Theo4, PrincessCaro, and Michie — to place the bets. According to The New York Times, Polymarket representatives stated that their investigation found no evidence of market manipulation. The trader reportedly spread his positions across smaller bets to prevent distorting the market. When contacted, the individual explained that the bets were based on personal forecast about the election’s outcome.

South Korean police have arrested 215 people linked to an alleged cryptocurrency scam led by a popular financial influencer, known as Mr. A. Mr. A, a YouTuber with 620,000 followers, is accused of orchestrating the scam after clients demanded refunds for poor stock advice he gave in 2020. Mr. A fled to Australia but has since been arrested, according to South Korea’s Yonhap News Agency. In total, 215 individuals were arrested, with 12 remaining in custody. Authorities report that Mr. A and his associates collected 325.6 billion Korean won ($232.7 million) from over 15,000 victims through investments in 28 cryptocurrencies from December 2021 to March 2023. Six of these coins were issued by Mr. A’s team, who then manipulated their prices. The scammers promoted the scheme using data from nine million phone numbers collected via Mr. A’s YouTube channel, targeting middle-aged and elderly victims and impersonating officials from South Korea’s Financial Supervisory Service. Victims were persuaded to invest large sums, with some reportedly selling apartments to join the scheme. Police confiscated 22 BTC (worth nearly $1.95 million) from Mr. A and have requested the seizure of $34 million in additional funds linked to the fraud. South Korea plans to tighten regulation on cross-border cryptocurrency transactions to curb foreign exchange-related crime. Businesses handling cross-border stablecoin and cryptocurrency transactions will be required to pre-register with authorities and submit monthly transaction reports to the Bank of Korea. The transaction data will be scrutinized by South Korea’s tax, customs, financial, and international regulatory bodies to identify and prevent illegal activities, including money laundering and illegal arbitrage. According to the Korea Customs Service, about 88% of foreign exchange crimes—totaling around 1.65 trillion won ($1.2 billion)—involved cryptocurrency. South Korea has already taken steps to regulate its digital asset sector, implementing investor protection rules in July. The government is also working on additional regulations to standardize crypto issuance, distribution, and disclosures. Additionally, South Korea’s financial regulator is reviewing the ban on local spot cryptocurrency ETFs and institutional accounts on crypto exchanges to expand beyond its current retail-focused market. South Korea’s right-wing political party has proposed delaying the taxation of cryptocurrency gains by three years. If passed, the country’s crypto gains taxation will be pushed back from the beginning of 2025 to 2028. A 20% taxation on crypto gains was initially scheduled to take effect on Jan. 1, 2022, but has been pushed back twice so far to Jan. 1, 2025, due to heavy backlash from investors and industry experts.