Audi Revolut F1 Team has announced a multi-year partnership with digital assets platform Nexo. Under the agreement, Nexo becomes the team’s first official digital asset partner.Last year, Nexo expanded its platform to offer trading in global forex, commodities, and stock indices through Contracts for Difference. The move, enabled by a partnership with MetaTrader 5, allows clients to trade assets such as gold, silver, oil, major stock indices, and key currency pairs, with leverage available on certain instruments. Audi Revolut F1 Gains Nexo PartnershipThe partnership coincides with Audi Revolut F1 Team’s entry into Formula 1. Nexo said it will use the collaboration to showcase its digital tools globally.Antoni Trenchev, co-founder of Nexo, said: “Nexo was built for a demanding reality: instant, self-directed, and always on. Partnering with Audi Revolut F1 Team at the start of their new era is a statement about how we see the future.” He added that Nexo will provide “meaningful utility and premium experiences to a global audience, grounded in the same discipline and precision that defines success in motor sports.”Nexo is the Official Digital Asset Partner of the Audi Revolut F1 Team.We set the pace at the pinnacle. pic.twitter.com/sJH9PgU5TT— Nexo (@Nexo) January 16, 2026Partnership Offers Fans “Exclusive” Digital ExperiencesThe agreement will include global activation through digital-first engagement and premium experiences. Nexo clients and fans may receive exclusive access, educational content, and co-created brand experiences.Stefano Battiston, chief commercial officer of Audi Revolut F1 Team, said the partnership “reflects a shared ambition to scale with discipline and innovation, and to create tangible value — from exclusive experiences to new ways of engaging our global fanbase and Nexo’s clients.”The partnership signals a focus on innovation and performance for both organisations, which described the collaboration as aligned around engineering principles and performance at the highest level. This article was written by Tareq Sikder at www.financemagnates.com.

Belgium’s KBC Bank will allow retail investors to trade Bitcoin and Ether starting next month through its online investment platform Bolero. According to KBC, it will be the first Belgian bank to offer crypto trading.The launch comes amid increased European regulatory scrutiny of crypto service providers. The European Securities and Markets Authority recently updated its rules on conflict-of-interest management for crypto-asset service providers under the Markets in Crypto-Assets Regulation.KBC Bank Launches Crypto Trading PlatformKBC said customers will be able to buy and sell crypto assets using the bank’s own custodial solution. “This will enable self-directed investors in Belgium to invest in cryptocurrencies within a secure and fully regulated environment,” the bank said.The bank has also submitted a full crypto asset service provider notification to the relevant Belgian authority. “By offering the opportunity to purchase and sell crypto within a regulated framework, we are making innovation concrete and accessible,” said KBC Group chief innovation officer Erik Luts.? JUST IN ??? BELGIUM’S 2ND-LARGEST BANK KBC TO OFFER BITCOIN & ETHER TRADING FOR RETAIL CLIENTS! ??#KBC #Crypto #Bitcoin #Ether #Belgium #CryptoNews pic.twitter.com/M6irHZIYQZ— Crypto News Hunters ? (@CryptoNewsHntrs) January 16, 2026Belgium Delays MiCA License IssuanceCointelegraph reported that Belgian authorities have not yet issued MiCA licenses, according to the ESMA public register. While MiCA entered into force across the EU in late 2025, Belgium only adopted its implementing law in December 2025. The law took effect on Jan. 3, 2026, officially designating the Financial Services and Markets Authority and the National Bank of Belgium as the country’s crypto regulators.Belgium’s delayed implementation reflects broader debate across the EU over centralized oversight and cross-border licensing. Some member states, including France, have argued that ESMA should have direct authority over major crypto firms and raised concerns about the passporting of licenses from other countries. France has also indicated it may block licenses issued by states with more lenient standards, while other countries, such as Malta, have opposed centralization, citing potential impacts on competitiveness and innovation. This article was written by Tareq Sikder at www.financemagnates.com.

Chinese regulators are forcing high-frequency trading (HFT) firms to remove servers co-located inside exchange data centers, a move that directly targets the ultra-low-latency model used by global firms such as Citadel Securities, Jane Street, and Jump Trading. According to sources familiar with the matter cited by Bloomberg, commodity futures exchanges in Shanghai and Guangzhou have instructed local brokers to relocate their HFT clients’ servers away from exchange facilities. The Shanghai Futures Exchange has reportedly set a deadline of the end of next month for high-speed trading clients. By placing servers close to an exchange’s matching engine, HFT firms gain a critical speed advantage. In algorithmic trading, even a few milliseconds can determine profitability. Forcing servers out of exchange data centers effectively removes this edge. The measures go further.China's Double BlowSources say futures exchanges are also planning to introduce a fixed two-millisecond latency for connections routed through third-party data centers. While imperceptible to human traders, such a delay could render many speed-dependent strategies unviable. The combination of physical relocation and artificial latency significantly limits remaining avenues for ultra-low-latency trading. This is the most aggressive step so far in Beijing’s broader effort to “level the playing field” and reinforce market stability. In recent weeks, regulators have also tightened margin trading rules and increased scrutiny of certain ETF transactions involving foreign market makers. “High-frequency traders may adjust their strategies and are likely to reduce their trading frequency in the short term,” said Shen Meng, a director at Beijing-based investment bank Chanson & Co. He added that firms would “continue to design new solutions,” setting the stage for a prolonged cat-and-mouse dynamic between quantitative funds and regulators.Markets Go DownThe news sent a shockwave through Chinese markets. The benchmark CSI 300 Index, which had been up nearly 1% before the report emerged, quickly slid into negative territory. The move also weighed on metals, as traders reassessed hedging strategies and arbitrage flows between China and overseas markets such as the LME and Comex. Curbs on high-frequency trading cooled speculative momentum after a recent surge in futures activity on Chinese exchanges, prompting copper, zinc and aluminum to retreat in both Shanghai and London.Some market participants argue the measures could have a longer-term positive effect, as curbing ultra-fast trading may reduce short-term price distortions.BREAKING: Metal prices fell after China moved to curb high frequency trading.Regulators told exchanges like the Shanghai Futures Exchange to remove HFT servers from data centers after aggressive futures trading pushed prices to record highs.Copper, zinc, and aluminum dropped…— BigBreakingWire (@BigBreakingWire) January 16, 2026Broader Regulatory Shift Other major jurisdictions have taken a more measured approach. In Europe, MiFID II permits colocation under transparent and non-discriminatory terms. In North America, venues such as IEX and TSX Alpha apply so-called “speed bumps” that introduce small, uniform delays without banning colocated infrastructure. China’s approach goes further. Regulators are both removing HFT servers from exchange data centres and imposing fixed latency on connections from third-party facilities — combining physical and technical constraints in a way not seen in other major markets. For leading global trading firms, the move introduces a new layer of state-mandated friction into a market they have invested heavily to navigate, raising uncertainty over the future role of high-frequency trading in China. This article was written by Tanya Chepkova at www.financemagnates.com.

Prop trading operations have remained marketing-centric. Then the question comes - how much does a prop firm need as its starting marketing budget? What is the break-even time? And does it even make sense to go for the big markets, or is it better to tap emerging markets?The United States is a mature and established market for prop trading, while Latin America is seeing rapid growth. However, when it comes to these two markets, or others, the initial marketing budget break-even point can vary widely.Although organic channels like YouTube gained the trust of prop traders, Google and Meta ads remain the two most used marketing channels globally. Prop firms also utilise other platforms for marketing, depending on the country; some companies even run campaigns on Reddit and native ad platforms like Taboola/Outbrain.The US Is Lucrative, but Comes at a CostIn the US, prop firms have to wait between three and six months to see any return on their initial marketing budget on Google and Meta ads, according to Stanislav Galandzovskyi, a user acquisition and growth consultant to prop firms, who provided these data to FinanceMagnates.com.The initial budget requirement is also higher — between $5,000 and more than $10,000 — but prop firms can expect up to a three times return on ad spending (ROAS). For strong brands, the ROAS can be up to four times.The high budget requirement is associated with the lucrativeness and competitiveness of prop firms in the US. The market is now captured by futures prop firms like Topstep, My Funded Futures and others. Although the contracts for differences (CFDs) prop firms offering services there received a massive hit in early 2024 due to the unannounced MetaQuotes crackdown, most of them have reentered the market. FTMO, The5ers and FundedNext are only a few names to reenter the US last year.In neighbouring Canada, prop firms can become profitable within 2-4 months of initiating their ad campaigns. With a minimum ad budget requirement between $3,000 and $6,000, the peak ROAS can touch 4x.Entering Latam Is Cheaper, but Is It Worth?Spanish-speaking Latin American markets, on the other hand, remain among the most efficient globally. An ROAS can be achieved in 1 or 2 months. The ad budget requirement there is also lower - $1,000 to $2,000 per country is enough to generate optimisation-ready data and produce a positive ROAS.At peak levels, customer acquisition cost (CAC) can range between $30 and $40.Firms also utilise local trading YouTube channels, as well as WhatsApp and Telegram communities, to promote their products. For Brazil, a Portuguese-speaking country, a ROAS can also be achieved in 1-2 months; however, the initial budget requirement is slightly higher, ranging from $2,000 to $5,000. In the long term, working ROAS can reach up to five times, and at peak levels, it may even reach ten times.An earlier study also shows that South America is one of the leading regions in terms of active prop traders. Colombia leads all countries by participation, with almost 15 per cent of prop firms’ clients, followed by the United States and Brazil.Read more: ATFX Converted Over 10% Prop Traders to Brokerage in South AmericaWhen it comes to the core European countries, including Germany, France, Spain and Italy, a positive ROAS occurs between two and four months, and slightly faster in lower-competition markets. Companies targeting the western parts of the continent can expect a working ROAS of between two and three times, while campaigns in the southern and eastern parts can perform better. In saturated markets, peak performance can reach about four times. Meanwhile, in the UK, a noticeable positive ROAS may appear only after three to six months, reflecting a highly competitive and regulation-constrained environment. The peak ROAS there can go above four times. Two other notable English-speaking markets are Australia and New Zealand, where prop companies can break even in two to four months.Is India Attractive from a Marketing Budget Perspective?India is another major market for prop firms. It is the largest market for several major players, including The5ers. Although FTMO did not accept India-based clients for a period, it entered the market last year. FinanceMagnates.com also previously reported that prop firms entered the Indian market without using the terms “forex” and “contracts for differences”.Beyond India, other South Asian markets include Pakistan and Bangladesh. Prop campaigns can break even in those countries, often immediately or within the first month. Working ROAS also remains stable between two and four times, while the peak potential can reach twelve times.Another challenging yet profitable market for prop firms is East and Southeast Asia. These markets include emerging economies like Indonesia, Vietnam and the Philippines, along with developed ones like Japan, South Korea and Singapore.The emerging markets there can turn a positive ROAS within a month, while it can take three to six months for optimisation in the developed ones. Southeast Asia’s working ROAS can go up to three times, while for Japan and South Korea, it can be as much as five times.Many CFD brokers also target the Middle East and North Africa, as do prop firms. In countries like Morocco and Egypt, where the marketing budget requirement is lower, the break-even point occurs within one to three months; however, it takes closer to three months in the GCC.In sub-Saharan markets such as Nigeria, Kenya, Ghana and South Africa, even a regional budget of $500 to $1,000 can generate a strong volume of leads. Break-even is usually reached within one to two months, although it takes slightly longer in South Africa. This article was written by Arnab Shome at www.financemagnates.com.

Kuala Lumpur– AIMS is pleased to announce an official partnership with the Lamborghini Brand and its winery. This collaboration represents not only a powerful alliance between two leading brands from distinct fields, but also a dedicated effort to transcend traditional industry boundaries, creating an unprecedented platform of excellence for traders and brand enthusiasts across the Asia-Pacific region and globally.Lamborghini is not only an icon of ultimate automotive craftsmanship but has also extended its pursuit of luxury and quality into the world of wine. The spirit of resilience, excellence, and breakthrough embodied by its founder, Mr. Ferruccio Lamborghini, has been ingrained in the winery since its establishment in 1968. Faithfully continue Lamborghini's relentless pursuit of perfection and channeling the fighting spirit symbolized by the iconic Taurus emblem. "We are truly honored to enter into this partnership," mentioned by Aaron Chang, CEO of AIMS. "This goes far beyond a commercial linkage; it is a profound alignment of brand philosophies. AIMS is committed to providing users with exceptional and efficient service experience, empowering them to continually push boundaries and pursue the 'extraordinary' in their trading journey. This resonates perfectly with the Lamborghini founder's ethos of constantly challenging limits and pursuing perfection. We look forward to working together to open new doors for our clients, leading them toward greater achievements and unique experiences.""This partnership sets a new benchmark where elite trading services converge with legendary Italian luxury," said Mr. Stanley Ng, Principal Consultant & Advisor for the Lamborghini Brand and Winery in Southeast Asia. "We are confident that AIMS distinguished market presence and influence will further elevate the brand experience for connoisseurs throughout the region."This partnership marks a strategic step in AIMS’s global expansion, further solidifying its leadership in integrating high-end lifestyle offerings with advanced trading platforms. Moving forward, both parties will jointly explore greater cross-sector value, providing high-end clients with a new dimension of experience that combines luxurious taste with excellent performance.About AIMS AIMS is a brand with an 11-year industry heritage and a trusted financial broker for institutional and individual traders worldwide. With a global presence spanning more than 21 countries and regions, the broker is renowned for its high-performance trading platforms, highly competitive spreads, and client-centric service philosophy, continuously driving development and innovation in the global trading industry.For more information about Aims, please visit www.aimsfx.com or follow their social media accounts on Facebook, Instagram andTiktok. This article was written by FM Contributors at www.financemagnates.com.

Swissquote expects to close 2025 with net revenue of at least CHF 720 million, while its pre-tax profit for the year may come close to CHF 420 million. Both figures are significantly higher than the previous year, when the company generated a pre-tax profit of CHF 345 million on revenue of CHF 655 million.Another Exceptional YearAlthough the expected revenue for the recently closed year exceeded the company’s guidance of CHF 700 million, the expected pre-tax profit increased sharply from the CHF 365 million forecast.FinanceMagnates.com reported earlier that the Swiss online bank and trading platform closed the first six months of 2025 with net revenue of CHF 358.2 million and a pre-tax profit of CHF 185.2 million.“The results were supported by customer growth and steady revenues, as well as one-off items with a net positive impact of about CHF 50 million,” Swissquote said in its announcement on Friday.Meanwhile, client assets on the platform approached CHF 89 billion by the end of 2025, as the company added CHF 8.5 billion in net new funds during the year.Swissquote's Bet on YuhThe Swiss company also noted that its “most significant exceptional item” last year was taking full control of Yuh, a digital finance platform. It previously held a 50 per cent stake and acquired the remaining share from PostFinance, paying CHF 89.8 million in cash and treasury shares.Earlier, Swissquote revealed that Yuh added 342,369 accounts in the first half of 2025, a yearly increase of 44.5 per cent. Client assets on the platform also jumped by 56.5 per cent to CHF 3.2 billion.Meanwhile, the Chairman of Swissquote, Dr Markus Dennler, decided to step down, as the board proposed Hans-Rudolf Köng to take up the role.Interestingly, the Swiss broker is now looking for a Chief Executive for its South African operations. It entered the country in March 2024 by acquiring Optimatrade Investment Partners, a Cape Town company that had worked as an introducer broker for more than ten years. This article was written by Arnab Shome at www.financemagnates.com.

The UK generated a financial services trade surplus of $127 billion in 2024, which kept it ahead of the US on $64.2 billion and above the combined surpluses of Singapore, Switzerland and Luxembourg. TheCityUK estimates that the UK’s overall financial and related professional services trade surplus reached £119.1 billion, or about $152.5 billion, underlining the scale of exports generated by the wider ecosystem.The latest edition of TheCityUK’s “Key facts about the UK as an international financial center” report shows that the US remains the UK’s largest trading partner for financial and related professional services, taking 35.1% of total sector exports. The EU ranks second with a 31% share, with Luxembourg, Ireland and France as the top three destinations inside the bloc.Report Highlights Resilience and UncertaintyTheCityUK frames the numbers against a backdrop of geopolitical tension and a fragile global outlook, where higher volatility could test the resilience of cross‑border finance.The report shows that the banking system remains a core pillar of the UK’s international offering, with sector assets reaching $13.3 trillion at the end of the third quarter of 2025, making it the fourth largest banking center globally and second in Europe.The country also ranks as the world’s largest cross‑border banking hub, accounting for 14.6% of the total outstanding value of international bank lending in the second quarter of 2025, a share that has held relatively stable over the last decade.“The global economic landscape remains highly uncertain, with geopolitical tensions once again to the fore and the impact of any increased market volatility also potentially in prospect,” commented Anjalika Bardalai, the Chief Economist and Director for Economic Research at TheCityUK.“Against this backdrop, UK-based financial and related professional services exports remain resilient, with their exports a particular measure of their ongoing strength,” she explained.London remains dominant in foreign exchange, with 38% of global FX turnover and twice as many US dollars traded in the UK as in the US. The city also stands as the biggest offshore renminbi FX center, handling 43.1% of total offshore renminbi transactions in December 2024, up 5.8% year‑on‑year.Insurance, Pensions and Equity MarketsBeyond banking and FX, the UK retains weight across insurance and capital markets. The island nation's insurance sector is the largest in Europe, with $554 billion in gross written premiums in 2024. London holds a 43% share of the global market for specialty risk classes.Continue reading: New Year, New UK? Can Britain’s IPO Market Finally TurnEquity markets remain a significant part of the UK’s capital markets footprint. As of October 2025, 259 foreign companies were listed on the London Stock Exchange, placing London as the fourth‑ranked stock exchange globally by this metric.The UK recorded one of the highest equity market capitalizations relative to GDP among major economies, standing at 83.8% at the end of 2024.Green Finance Gains TractionThe report indicates that green and sustainable finance continues to grow as a feature of the UK market. The country issued $31.9 billion in green bonds in 2024, ranking sixth globally and third in Europe by issuance volume. The London Stock Exchange hosted 564 active sustainable bonds from more than 137 issuers by the end of 2024, and these instruments together raised around $341bn.The UK remains a major fintech destination despite a tougher global funding environment. In 2024, UK‑based fintech firms attracted $3.6 billion across 546 deals, retaining the country’s position as the world’s second largest fintech investment hub after the US. Related professional services continue to reinforce the UK’s financial hub status and contribute significantly to exports. The UK remains Europe’s largest legal services market, with a value of £52.3bn in 2024, and it ranks second globally only behind the US. This article was written by Jared Kirui at www.financemagnates.com.

Nomura has hired Mark McMillan into the role of Managing Director and Global Head of Electronic Foreign Exchange as electronic trading continues to reshape how banks quote and distribute FX liquidity. His new post spans both e-trading and sales, which allows Nomura to align platform development, pricing and distribution under one senior manager. McMillan to Oversee E-Trading and SalesIn his new position, McMillan will oversee Nomura’s electronic FX trading business and the associated sales teams that distribute the platform to clients. The appointment formalizes a single leadership point for strategy, product priorities and client engagement in electronic currencies.McMillan acknowledged the move in an update on Thursday. “I’m happy to share that I’m starting a new position as Managing Director, Global Head of Electronic FX at Nomura!” he said, confirming both his title and the scope of his responsibilities.He is a seasoned expert in the financial industry, more recently serving as the Managing Director and Global Head for Markets Product Management and Data Analytics at Standard Chartered.More recent executive moves: Exclusive: FXBO Onboards Natalie Agopian as New Commercial ChiefDuring his eleven-year tenure at the lender he held several other roles, including Managing Director and Head of Algorithmic Trading Quants. He joined as the Executive Director for eFX Trading. He also brings experience from HSBC, where he has had a stint as the eFX Quantitative Analyst. More Recent Collaborations at Nomura​Nomura is one of the big names focusing on AI. The firm recently moved deeper into artificial intelligence by signing a partnership with OpenAI to build new investment tools, market-analysis systems and client services. Under the deal, Nomura will adopt OpenAI Deep Research and draw on technical support as it develops AI-powered services that blend its internal data with external datasets. The bank aims to deliver new forms of investment advice and analytics while it maintains its existing security and governance standards as it rolls out the tools. This article was written by Jared Kirui at www.financemagnates.com.

State Street launched a digital asset Platform, describing it as a scalable infrastructure designed to support a range of tokenized products for institutional clients. The bank plans to use the platform to develop tokenized money-market funds, ETFs, other tokenized assets and cash instruments including tokenized deposits and stablecoins.The group positions the platform as a bridge between traditional finance and digital asset venues, and as a connection point for clients that want to access tokenized instruments through a single provider. It comes as large custody and asset management firms explore tokenization to change how investors hold and transfer fund shares and cash-like instruments.Wallets, Custody and Cash CapabilitiesThe Digital Asset Platform bundles wallet management, custodial services and cash functionality in a single environment that supports tokenized product development across multiple jurisdictions."By pairing blockchain connectivity with robust controls and global servicing expertise, we’re enabling institutions to confidently embrace tokenization as part of their core strategy with an organization like us that they can trust,” Jörg Ambrosius, the President, Investment Services, State Street Corporation, said.State Street says the infrastructure can operate across both private and public permissioned blockchain networks, reflecting institutional focus on controlled access and regulatory oversight.You may also like: How Tokenised Stocks Are Creating a Parallel 24/7 Market for EquitiesInstitutional clients gain a single interface intended to link digital asset activity with traditional servicing, which aims to reduce the need to build or manage separate technology stacks for each blockchain project.​Focus on ‘Practical, Not Experimental’ InfrastructureIt is worth noting that the demand for tokenized has been on the rise beyond the well-known Bitcoin and Stablecoins. Recent data indicates that the combined market capitalization of tokenized stocks has climbed to a record of about $1.2 billion, with the fastest growth occurring in September and December last year.At the same time, regulators have highlighted risks associated with this emerging market. The European Securities and Markets Authority warned that tokenized stocks can mislead investors because, while they may mirror the price of underlying shares, they typically do not provide shareholder rights.As of 30 September 2025, State Street reported about $51.7 trillion in assets under custody and/or administration and $5.4 trillion in assets under management, and it operates in more than 100 geographic markets with around 52,000 employees worldwide. This article was written by Jared Kirui at www.financemagnates.com.

Interactive Brokers announced that eligible clients of its US subsidiary can now fund their brokerage accounts using stablecoins. The firm said the feature allows near-instant processing and operates 24/7, including weekends and holidays.The capability enables clients to deposit funds and start trading across 170 global markets within minutes of initiating a transfer. The announcement follows an update last year in which Interactive Brokers said it was exploring stablecoin support for instant, round-the-clock client funding and potential support for third-party stablecoins, subject to issuer credibility.Interactive Brokers Launches 24/7 Stablecoin Access“Stablecoin funding provides international investors with the speed and flexibility required in today’s markets. Clients can transfer funds and begin trading within minutes, while also reducing transaction costs,” said Milan Galik, Chief Executive Officer of Interactive Brokers.The introduction of stablecoin funding aims to address challenges in accessing global capital markets. Traditional cross-border funding has often been slow and expensive, particularly in regions where USD wire transfers require multiple correspondent banks. Stablecoins settle near-instantly and can be used outside normal business hours.Stablecoins Convert Instantly into Dollars IBKRClients can fund their accounts by sending USD Coin from their crypto wallet to a secure wallet provided through a collaboration with zerohash. Interactive Brokers plans to add support for Ripple Coin and PayPal’s coin next week. Once received, the stablecoin is automatically converted into US dollars and credited to the client’s brokerage account.Retail, Hedge Clients Show Strong ReturnsAlongside the stablecoin announcement, Interactive Brokers reported that its clients outperformed the S&P 500 Index in 2025. Individual clients achieved an average return of 19.2%, compared with the S&P 500’s 17.9%. Retail client activity remained high, with daily average revenue trades of 3.384 million in December and 4.399 million client accounts by year-end, holding $779.9 billion in equity. Hedge fund clients posted an average return of 28.91%. The company attributed performance to lower trading costs, execution quality, and access to global markets. Clients also earned interest on uninvested cash, and margin rates remained below industry averages. This article was written by Tareq Sikder at www.financemagnates.com.

Scope Prime announced an update to its spread structure for Spot Gold and Gold Futures today (Thursday). The firm said the change reflects a "sustained repricing" in precious metals markets.The update comes as other market participants also adjust to record precious metals prices. Earlier this week, CME Group switched its margin system for gold, silver, platinum, and palladium futures from fixed dollar amounts to percentage-based requirements. The change is designed to automatically scale margins with price movements, reducing the need for frequent manual adjustments during periods of rapid market swings.Broker-Level Gold Spreads Adjusted by ScopeThe update primarily affects broker clients. Scope Prime operates as an institutional liquidity provider rather than a retail broker. Changes to spreads on spot gold and gold futures apply at the wholesale pricing level, with brokers receiving pricing under the revised structure. Any further impact would depend on how brokers apply the updated pricing within their own services.The decision follows a shift in market conditions. Gold prices have reached record levels in recent months, and market volatility has increased. Scope Prime said these factors have changed the cost of providing liquidity in gold products.The firm described the update as a response to changes in market structure, intended to keep trading conditions aligned with the institutional environment. Scope Prime Ensures “Consistent Liquidity” ProvisionAll other contract specifications remain unchanged. Scope Prime said the revised spreads are designed to support execution certainty and continuous service during periods of market stress, building on earlier communications that focused on price stability and counterparty reliability.Daniel Lawrance, Chief Executive Officer at Scope Prime, said gold pricing has shifted at a structural level. He said, “Gold has undergone a meaningful structural shift in price levels.” He added that the update ensures pricing remains “consistent with current market conditions” and said this alignment is “essential to sustaining consistent, high-quality liquidity provision.”Brokers Manage Pricing Amid Spread ChangesAs a liquidity provider to brokers and professional counterparties, Scope Prime supplies pricing and execution at the wholesale level. Brokers may choose how to manage the revised pricing, including passing it on to clients, absorbing the impact, or adjusting mark-ups based on internal models.Scope Prime said it continues to invest in risk management and liquidity resilience. The firm did not announce changes to other instruments as part of the update. This article was written by Tareq Sikder at www.financemagnates.com.

The stablecoin market has fundamentally transformed from a crypto-native experiment into critical infrastructure for B2B payments and settlement. According to Binance Research’s Full-Year 2025 report, this evolution will force traditional brokers and fintech firms to reconsider how they approach digital payments. The Numbers Tell the Story In 2025, stablecoin market capitalization surged nearly 50% to exceed $305 billion, while daily transaction volumes reached $3.54 trillion. The report reveals that stablecoins now achieve an annual monetary velocity of approximately 110x, meaning the average stablecoin dollar circulates once every 3.3 days. These figures are comparable to Visa’s reported volume of $1.34 trillion, indicating a high level of stablecoin usage for cross-border transactions.Six new stablecoins crossed the $1 billion market cap threshold in 2025. These include BlackRock’s BUIDL, PayPal’s PYUSD, and Ripple’s RLUSD. Each targets distinct B2B use cases, from institutional settlement to cross-border remittances. Regulatory Clarity Changes the Game The passage of the U.S. GENIUS Act in July 2025 established the first federal framework for stablecoin oversight, requiring 1:1 reserve backing and monthly audits. Europe’s MiCA implementation created similar standards, effectively legitimizing stablecoins as regulated financial instruments rather than speculative assets. For brokers and payment processors, this regulatory clarity eliminates a major barrier to institutional adoption. Under new rules, banks can now integrate stablecoin systems, while fintech platforms gain a foundation for cross-border settlement with lower operational costs than traditional methods. The 2026 Outlook: Mainstream Consumer Adoption According to the research, 2026 will mark stablecoins’ transition into everyday consumer finance through neobank applications and digital wallets. The competitive landscape is intensifying. Stripe and PayPal are building stablecoin infrastructure leveraging their distribution networks, while crypto-native platforms like MetaMask (30 million users) and Phantom (15-17 million users) are evolving into full-fledged neobanks. The report projects a total stablecoin market size of $1.9 trillion by 2030, representing a compound annual growth rate of approximately 58%. For brokers and fintech firms, stablecoin integration is no longer optional—it’s foundational infrastructure for competing in tomorrow’s digital economy. This article was written by Tanya Chepkova at www.financemagnates.com.

Millonarios FC and Taurex today announce a strategic partnership, bringing together one of Colombia’s most established football institutions and a global trading brand with a growing presence in Latin America.The partnership brings together two organisations aligned by shared values of discipline, performance, and long-term thinking. Through this collaboration, Millonarios FC and Taurex will engage new audiences, strengthen regional connections, and deliver digital initiatives designed to resonate with the club’s supporter base.Taurex is a global broker specialising in CFDs, providing advanced trading technology and access to a broad range of financial markets. Operating internationally, the company focuses on transparency, education, and empowering traders through accessible tools and resources."We are incredibly proud to partner with one of Colombia's most iconic and respected football clubs," said Nick Cooke, CEO of Taurex. "This collaboration represents a significant milestone in Taurex's expansion and growing recognition across Latin America, fully aligned with our global ambitions. Together, we look forward to creating meaningful connections with the Millonarios fan community while introducing our innovative trading and investing ecosystem to both aspiring and experienced traders throughout the region.""We're very pleased to welcome Taurex as our official partner," said Carlos Enrique Garcia, Millonarios FC's Commercial Director. "This partnership will enable the development of joint initiatives, exclusive content, and new digital activations that link the world of football with the global financial ecosystem, connecting Blue fans with tools, experiences, and opportunities aligned with emerging dynamics in the digital landscape."The collaboration will centre on educational content, exclusive supporter experiences, and digital initiatives designed to responsibly connect Millonarios’ fan community with Taurex’s global trading services.Through its partnership with Millonarios FC, Taurex continues to build meaningful connections with local communities while supporting responsible participation in global financial markets.About TaurexTaurex is a global online broker specializing in CFDs across forex, commodities, indices, and cryptocurrencies. Taurex provides traders with advanced technology, comprehensive educational resources, and dedicated support in local languages. For more information, visit https://www.tradetaurex.comAbout Millonarios FCFounded in 1946, Millonarios Fútbol Club is one of Colombia's most successful and beloved football institutions, with a rich history of sporting excellence and passionate fan support. The club competes in Colombia's top division and has won numerous national championships. Millonarios is committed to innovation both on and off the field, creating value for its community through strategic partnerships and digital initiatives. This article was written by FM Contributors at www.financemagnates.com.

OANDA, a provider of online multi-asset Contracts for Difference trading services, has expanded its offering in Australia with the addition of share CFDs on stocks listed in the US and Europe.Australian Traders Gain Global CFD AccessThe update is part of the launch of a new OANDA One sub-account, which allows eligible clients to trade via the MetaTrader 5 platform. With the addition of share CFDs, Australian traders can access individual company shares including Nvidia, Microsoft, Alphabet, Tesla, and Amazon. Shares from countries such as the USA, the United Kingdom, Germany, France, Spain, Sweden, Portugal, the Netherlands, Finland, and Denmark are included.The expansion completes OANDA’s multi-asset CFD offering in Australia. Retail traders can now access a full range of instruments, including indices, forex, commodities, metals, and bonds.OANDA Highlights Choice, Diversification, Trading PlatformsRafal Slon, Managing Director of OANDA Australia, said the launch reflected “the growing demand for CFDs” and noted their appeal in allowing traders to “benefit from price fluctuations without owning the underlying assets.” He added that integrating the new share CFDs into OANDA’s platform gives clients “greater choice and valuable diversification opportunities.”The full suite of tradable instruments is available through the OANDA app and the TradingView platform.Prop Firm FTMO Enters Brokerage SectorThe expansion comes after OANDA was acquired by FTMO, a proprietary trading firm, from CVC Asia Fund. FTMO had already signalled its intention to enter the brokerage sector by establishing a brokerage unit and appointing Michael Kamerman to lead it. Riana Chaili later joined as Chief Operating Officer of the brokerage division.The financial terms of the OANDA acquisition were not disclosed. Previously, CVC acquired OANDA in 2018 for a reported valuation of around $162.5 million, according to Finance Magnates.FTMO, which recently reported strong cash reserves and revenue growth, now oversees OANDA as part of its broader strategy to combine proprietary trading and brokerage operations. The acquisition positions the firm to expand its presence in the global CFD and forex markets, while supporting the rollout of new products such as the Australian share CFD offering. This article was written by Tareq Sikder at www.financemagnates.com.

The head of trading technology provider oneZero Financial Systems is warning that retail and institutional brokers need to fundamentally rethink how they operate as market volatility transitions from a periodic challenge to a permanent operating condition.Andrew Ralich, CEO of the Massachusetts-based firm, said in his annual outlook that “volatility has shifted from relative predictability with occasional curve balls to a state of capricious, sustained market activity.”The assessment comes as CFD and forex brokers grapple with elevated trading volumes but also heightened risk management demands. The view echoes observations from brokerage executives at Finance Magnates London Summit 20225, where Interactive Brokers and eToro discussed how volatility has fundamentally changed investor behavior and separated firms with strong capital bases from those operating on thin margins.Unlike previous periods where volatility spiked during crises and then subsided, Ralich argues the current environment stems from overlapping policy shifts, monetary framework changes, and structural liquidity issues that won't resolve quickly.Risk Systems Built for Different EraOneZero, which provides execution and liquidity hub technology to retail brokers and institutional clients, sees the pressure firsthand through its client base. The firm's technology handles trade routing, risk management, and pricing for brokerages operating in FX, CFDs, and digital assets.Ralich noted that “systems, processes, and models are now being tasked to perform under continuous pressure” with assumptions about correlations, liquidity depth, and client behavior getting tested in real time. He added that “past performance is not indicative of future results, has never felt so close to home for many people operating in capital markets.”For CFD brokers specifically, sustained volatility creates a double-edged sword. Higher client activity generates revenue, but margin calls, rapid price swings, and unpredictable correlations strain risk engines and capital reserves. Brokers using legacy technology or manual processes face particular challenges.The technology provider's message to clients emphasizes operational endurance. Ralich said “longevity and staying power are no longer virtues; they are practical indicators of whether a firm is prepared for what comes next.”Institutional Push AcceleratesOneZero has been expanding beyond its retail broker client base into institutional territory. The firm hired Adam Collins as Head of Institutional Sales for Americas and EMEA in August, bringing expertise from LSEG FX and BNP Paribas.That push included launching Swap Curve Manager in September, a pricing platform aimed at regional banks that consolidates FX swap workflows. The product can integrate with existing bank pricing engines, a design choice that reflects oneZero's broader philosophy about technology adoption.AI Won't Replace Core InfrastructureRalich also addressed artificial intelligence adoption in financial markets, pushing back against narratives that AI will displace traditional trading infrastructure. Instead, he sees AI as an efficiency multiplier rather than a replacement technology.“Think less about what AI can do to replace our own traditional effort today, and think more about how the outputs of our efforts enable our customer to be more efficient via AI,” he said.The company's view is that AI's usefulness depends entirely on data quality. Without clean, real-time, observable data, AI models lose effectiveness regardless of sophistication. For brokers, that means infrastructure investments in data pipelines and API design remain critical even as AI tools proliferate. This article was written by Damian Chmiel at www.financemagnates.com.

LMAX Group and Ripple have announced a strategic partnership aimed at integrating traditional financial markets and digital assets. The multi-year collaboration includes both technology integration and a financing arrangement.Ripple will provide $150 million in financing to support LMAX’s long-term cross-asset growth strategy. No further financial terms were disclosed.Last year, LMAX Digital listed RLUSD on its institutional trading platform, allowing clients to “now access RLUSD Stablecoin.” The move was an early step in integrating regulated stablecoins into the firm’s institutional infrastructure.RLUSD Enables Cross-Asset Trading at LMAXUnder the partnership, LMAX will integrate RLUSD as a core collateral asset across its institutional trading infrastructure. The stablecoin will serve as collateral and a settlement currency for spot crypto, certain fiat pairs, perpetual futures, and CFD trading. Custody will be provided through LMAX Custody using segregated wallets to support transferability between traditional and digital assets. The integration will be available to LMAX’s global institutional customer base, including banks, brokers, and buy-side firms.David Mercer, Chief Executive Officer of LMAX Group, said, “Partnering with a leader like Ripple is a milestone for LMAX.” He added that “fiat-backed stablecoins will be a key catalyst in driving the convergence of TradFi and digital assets.” Mercer also said LMAX believes “RLUSD is positioned at the forefront.”LMAX Kiosk Enables 24/7 RLUSD TradingLMAX Kiosk will allow institutional on-ramps, enabling clients to trade multiple FX and digital asset products using RLUSD as collateral. The companies said RLUSD will provide continuous, 24/7 cross-asset market access not available with traditional fiat currencies.Jack McDonald, Senior Vice President of Stablecoins at Ripple, said, “Institutions are increasingly recognising the transformative potential of blockchain technology.” He added that the partnership will “accelerate the utilisation of RLUSD” in large trading environments.LMAX Reports $8.2 Trillion VolumesThe collaboration also integrates LMAX Digital with Ripple Prime, Ripple’s multi-asset prime brokerage service, providing institutions with a regulated exchange infrastructure combined with credit and brokerage services to reduce market fragmentation and counterparty risk.Ripple holds more than 75 regulatory licenses globally. The announcement follows a record year for LMAX Group, which reported $8.2 trillion in institutional exchange volumes in 2025. This article was written by Tareq Sikder at www.financemagnates.com.

A significant proportion of retail brokers and prime of primes deliberately internalise the majority of client flow. This is not a weakness or a temporary compromise. It is a rational commercial choice.For many firms, B-booking works. Client behaviour is statistically favourable, flow nets naturally, and internalisation delivers cleaner economics than externalising every trade. In stable market conditions, the model is efficient, scalable, and predictable.The problem is not internalisation. The problem appears when internalisation stops working and risk must be released into the market. That moment almost always coincides with deteriorating liquidity, widening spreads, and heightened volatility. The cost is not linear. It accelerates.Delayed hedging and threshold-based controls, which are common in B-book dominant models, quietly introduce non-linear loss. Not because the strategy is flawed, but because the timing and structure of its controls are fragile under stress.Internalisation Changes the Shape of RiskB-booking is often described as reducing risk. In practice, it redistributes it.Instead of paying spread continuously through immediate hedging, the broker accumulates inventory and relies on netting, client asymmetry, and time diversification. As long as exposure builds gradually and markets remain liquid, this works well.However, internalisation postpones market interaction. Once the decision is made to hedge, the broker is no longer acting opportunistically. They are acting under constraint.The difference between those two states is subtle in calm markets and decisive in fast ones.Where Delayed Hedging Really Comes FromIn most retail and hybrid models, delayed hedging is not caused by technology. It is caused by design.Typical controls include exposure bands within which no hedging occurs, minimum size thresholds, netting windows, volatility or spread filters that suppress hedging, and manual approval gates during fast markets.Each control makes sense in isolation. Together, they allow risk to accumulate quietly and release it abruptly.Market stress compresses time and correlation. Exposure builds faster, multiple thresholds are crossed in quick succession, and execution quality deteriorates at the same moment hedging urgency increases.The hedge arrives later than expected, into a worse market than assumed.From Linear Exposure to Convex LossInternalisation models are usually calibrated on expected value. Risk limits, thresholds, and hedge cadence are tuned to average flow, average volatility, and average execution cost.The problem is that losses are not generated at the average. They are generated in the tail.When exposure is allowed to accumulate inside a band, the broker is implicitly assuming that:Exposure grows approximately linearly in timeHedge cost is roughly proportional to hedge sizeExecution quality is independent of urgencyNone of those assumptions holds in stressed regimes. Empirically, three relationships break down simultaneously.Exposure growth accelerates: Client flow becomes clustered and directional. Net exposure often grows super-linearly with volatility. What takes hours to accumulate in calm markets can occur in minutes when volatility doubles.Hedge cost becomes convex: Execution cost is no longer a linear function of size. Spread paid, slippage, and reject probability all increase as a function of urgency and market stress. The cost curve steepens precisely when the hedge is most needed.Delay increases conditional loss: The expected cost of hedging becomes path-dependent. Two identical exposures can have very different realised costs depending on whether the hedge is initiated before or after a volatility regime shift.The result is that a control system designed to manage linear risk is suddenly exposed to convex outcomes.Thresholds as a Short-Volatility PositionA threshold-based hedging rule can be expressed simply as carrying risk until the price moves far enough to justify paying the spread.This framing reveals the embedded optionality.Inside the threshold, the broker collects economic benefit by avoiding hedge costs. Once the threshold is breached, the broker pays the full cost of hedging under prevailing conditions.In effect, the broker is short a volatility-dependent option whose payoff is realised when the threshold is crossed.Most days, this option expires worthless. On a small number of days, the payoff is large and negative. Quantitatively, this shows up as:Low variance in daily P&L.Fat-tailed loss distributions,Benign average slippage metrics.Extreme slippage and reject clustering in the top few percentiles of events.This is why average execution statistics are poor indicators of true risk.When Holding Risk Feels Optimal, but Isn’tMany internalisation models are explicitly designed to hold risk. The rationale is straightforward: client flow mean-reverts, time nets exposure, and releasing risk too early incurs unnecessary spread and slippage.In stable regimes, this logic is often correct.The issue is not that holding risk is irrational. It is that the decision is usually justified using expected value, while the cost of holding risk is realised through variance and tail events.When a broker chooses to hold inventory rather than release it, they are implicitly assuming that:Future client flow will offset current exposure Market conditions will remain sufficiently liquid Execution cost tomorrow will be no worse than execution cost todayThose assumptions hold most of the time. They fail together.From a risk perspective, holding inventory is not free. It is a position with a time-dependent cost of exit. The longer the position is held, the more its exit cost becomes conditional on the regime.What appears to be patience can, in stressed markets, become an unpriced option written to volatility.Why Delay Multiplies Loss, Not Just CostThe economic impact of delayed hedging is often described as “a bit more slippage”. In practice, delay multiplies loss through interaction effects.Three measurable variables matter:Δt: time between exposure creation and hedge completion σ: realised volatility during that window C: execution cost per unit hedgedA simple way to formalise the effect is to split the cost of delay into two components: Total Cost ≈ (Exposure × Price Move while waiting) + (Hedge Size × Execution Cost)The first term captures the price movement incurred while risk is carried. It increases with the length of the delay and with realised volatility during that window. The second term captures the execution penalty paid when the hedge is finally placed. That cost is not constant. It rises with urgency as spreads widen, available size fragments, and reject rates increase.In calm conditions, execution cost is relatively flat with respect to both time and volatility.In stressed conditions, execution cost becomes a convex function of both.That means:Increasing the delay by a factor of two can increase the total cost by more than a factor of two Identical hedge sizes can produce materially different outcomes depending on timing Delaying hedging into a higher-volatility regime increases both price risk and execution risk simultaneouslyLoss is no longer exposure multiplied by market move. It becomes exposure multiplied by market move, multiplied again by an execution penalty.This is the non-linearity most control systems fail to capture.XAU/USD as a Stress Amplifier, Not a Special CaseThese dynamics exist in major FX pairs, but they are easier to observe in XAU/USD because the slopes are steeper.In gold, the relationship between volatility and execution cost is stronger. Spreads widen more abruptly, available size collapses faster, and reject rates increase earlier in the volatility cycle.This means the gradient of execution cost with respect to delay is higher.In practical terms, a one-minute delay in a fast gold market can be economically equivalent to a much longer delay in a major FX pair. The same control logic, therefore, produces visibly worse outcomes sooner.XAU/USD does not introduce a new risk. It exposes the same risk with a higher signal-to-noise.Read more: Silver and Gold Price Surges Force CME to Change How It Calculates Precious Metal MarginsMeasuring the Problem ProperlyTo ground this analysis operationally, the metrics are simple and powerful.Measure distributions, not averages, for:Time-to-hedge conditional on volatility regime.Execution cost as a function of hedge urgency.Reject probability versus hedge size and spread state.Exposure growth rate before threshold breach.Tail P&L contribution from the top 1 to 5 per cent of events.When plotted correctly, most firms see the same pattern: stable averages, unstable tails.That is not a market failure. It is a control design issue.Designing Controls that Survive StressThe objective is not to abandon B-booking. It is to remove brittle behaviour.Practically, that means:Progressive or proportional hedging rather than binary triggers.Volatility-aware exposure bands that tighten as regimes change.Separating risk release from execution-quality gating.Pre-authorised stress playbooks that remove decision latency.Stress-testing the control system itself, not just the book.These approaches preserve internalisation economics while materially reducing convex loss.Reframed QuantitativelyInternalisation optimises expected value. Risk management must control variance and tail loss.Delayed hedging shifts cost from the mean into the tail. Thresholds compress that tail into a small number of extreme events. Volatility turns those events into convex losses.The firms that manage this well do not predict markets better. They design controls whose cost curves remain shallow as volatility rises.Because once the hedge becomes urgent, the mathematics are no longer on your side. This article was written by Jamie Rose at www.financemagnates.com.

A new generation of investors is reshaping how trust is built in financial services, forcing brokers and asset managers to rethink product design, distribution, and client engagement. According to new research from the World Economic Forum, the investment behaviour patterns of Gen Z investors differ substantially from prior generations. Self-Directed, Digital, and Skeptical The WEF report identifies a growing sense of “financial nihilism” among parts of Gen Z, driven by frustration with traditional wealth-building paths such as home ownership. For Gen Z investors, credibility is increasingly social and experiential rather than institutional. Recommendations from peers, online communities, and finfluencers often carry more weight than traditional financial advice. At the same time, comfort with technology runs deeper. Over 40% of Gen Z respondents say they are willing to trust AI with managing investments or handling financial information — nearly three times the level seen among Baby Boomers.This openness to automation is reflected in portfolio construction as well, with crypto and other non-traditional assets taking up a far larger share of Gen Z portfolios than in older cohorts. According to the WEF, crypto accounts for more than one-third of portfolios for 71% of Gen Z investors. Separate Coinbase research supports this trend, showing younger cohorts allocate roughly 25% of their portfolios to non-traditional assets — around three times the level seen among older investors. What This Means for Brokers For brokers and asset managers, the implications are operational rather than theoretical. Trust-building increasingly depends on transparency, clear pricing, and the integration of AI-enabled advisory tools into everyday workflows. Education is also shifting from static content to in-product guidance, as younger investors prefer learning through interaction rather than formal advice. Finally, user experience is becoming a competitive differentiator, with platforms expected to feel as intuitive and responsive as the consumer apps Gen Z uses daily. At the same time, firms face new compliance and governance questions. Gen Z investors show greater willingness to share data with fintech apps, AI tools, and social platforms, challenging privacy frameworks that were designed around more risk-averse client profiles. A Shift in Trust FoundationsThe Edelman Trust Barometer adds an important clarification: Gen Z does not distrust financial services more than older generations overall. Instead, the divergence lies in how trust is formed. While older investors tend to prioritise regulatory oversight and institutional longevity, younger cohorts place greater weight on usability, peer validation, and technological sophistication.For the financial services industry, this distinction matters. Firms that continue to rely on legacy trust signals risk misalignment with a demographic that is entering markets earlier, allocating capital differently, and evaluating platforms through a fundamentally new lens. The research from the WEF and Coinbase points to a shared conclusion: the future of investing is multi-asset, always-on, digitally native, and socially informed. Whether traditional finance can adapt its trust-building mechanisms to that reality will help determine who wins — and who fades — as the next generation of investors comes of age. This article was written by Tanya Chepkova at www.financemagnates.com.

Bitpanda is preparing for a stock market listing in Frankfurt during the first half of 2026, targeting a valuation between 4 billion and 5 billion euros, according to Bloomberg report. A first-quarter debut remains possible, though no final decisions have been made and timing could shift.Bitpanda Eyes Frankfurt IPO at Up to $5.2 Billion ValuationThe Austrian firm has hired Goldman Sachs, Citigroup and Deutsche Bank to arrange the offering, said the people, who asked not to be identified discussing private plans. Bitpanda declined to comment beyond confirming an IPO remains one option under consideration.Founded in 2014, Bitpanda currently serves more than 7 million users. The company no longer wants to be associated solely or exclusively with cryptocurrencies, instead positioning itself around a broad range of asset classes.It presents itself as Europe’s leading broker offering access to stocks, cryptocurrencies, indices, ETFs, and precious metals. Trading is available 24/7, with minimum investment amounts starting from one euro.CFDs Underpin Multi-Asset OfferingWhile Bitpanda markets itself as a comprehensive multi-asset platform, the firm offers derivatives contracts rather than direct ownership of stocks and ETFs. The structure mirrors competitors in the European retail trading space that rely on contracts for difference (CFDs) across most instrument classes.Co-founder Eric Demuth previously told the Financial Times the company had considered New York alongside Frankfurt, after ruling out London over concerns about market liquidity. The firm raised $263 million in August 2021 at a $4.1 billion valuation from investors including Peter Thiel's Valar Ventures.Regulatory Push Supports ExpansionBitpanda has secured multiple regulatory approvals over the past year that position it for broader European and Middle Eastern growth. The platform obtained a MiCAR license from Germany's BaFin in January 2025, enabling operations across all 27 EU member states under the bloc's new crypto framework.In February, Bitpanda gained UK Financial Conduct Authority approval to offer more than 500 crypto assets to British investors, and later secured a full operating license in Dubai, marking its first major regulatory win outside Europe.Fintech IPO Pipeline Builds MomentumA successful Bitpanda listing would add to a growing roster of publicly traded retail brokers in Europe. Poland's XTB has traded on the Warsaw Stock Exchange since 2016, while the Frankfurt- based NAGA Group was formally listed on the German Stock Exchange in 2017.The Israeli-founded eToro completed a $620 million Nasdaq IPO in May 2025 at a $4.3 billion valuation.Several other digital asset firms have filed for U.S. listings this cycle. Kraken submitted confidential IPO paperwork with the Securities and Exchange Commission in November following an $800 million fundraise that valued the exchange at $20 billion. Asset manager Grayscale Investments also filed a registration statement for a proposed New York Stock Exchange listing.Early 2025 crypto IPOs delivered mixed results after initial debuts. Circle, Gemini and Bullish all saw shares retreat from post-listing highs, though performance varied across individual issuers. This article was written by Damian Chmiel at www.financemagnates.com.

ATFX has launched the latest edition of its Trader Magazine, offering a forward-looking market outlook for Q1 2026. Despite ongoing uncertainties and global tensions, the economy remains stable enough to inspire cautious optimism. With countries adopting different monetary policy approaches, traders should expect increased market fluctuations across bonds, currencies, and other asset classes.Prepared by ATFX’s in-house market analysts, the magazine delivers a structured, research-driven framework for evaluating market opportunities across regions and asset classes, guiding traders through key insights and strategies.What Traders Will Find in the Q1 2026 EditionThis Q1 2026 edition of ATFX Trader Magazine offers insights that guide traders in navigating macro uncertainty, translating it into practical market awareness and effective trading decisions. Inside, traders will find:Clear frameworks to understand how policy divergence, economic data, and geopolitical risks impact short-term volatilityAsset class views across equities, FX, commodities, and indices, highlighting key themes and potential market reactionsRegional insights covering the U.S., Europe, Asia-Pacific, and emerging markets to assess relative opportunitiesRisk scenarios and strategy ideas to support position management and volatility planning around major data releasesBy delivering in-depth analysis and actionable trade ideas, this edition of ATFX Trader Magazine empowers traders to navigate the complexities of global markets with confidence. Download your copy here: ATFX Q1 2026 Trader MagazineAbout ATFXATFX is a leading global fintech broker with a local presence in 24 locations and holds 9 licenses from regulatory authorities, including the UK's FCA, Australia's ASIC, Cyprus' CySEC, the UAE's SCA, Hong Kong's SFC, South Africa's FSCA, Mauritius' FSC, Seychelles' FSA, and Cambodia's SERC. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX delivers exceptional trading experiences to clients worldwide.For further information on ATFX, please visit ATFX website https://www.atfx.com. This article was written by FM Contributors at www.financemagnates.com.