Gold price extended losses for a fourth consecutive session, trading today (Thursday), 30 October 2025, at $3,972.30 per ounce (-0.71%) after Federal Reserve (Fed) Chairman Jerome Powell walked back market expectations for a December rate cut, strengthening the dollar and pressuring precious metals. The extended selloff has pushed gold 8.9% below last Friday's $4,144 level, with the metal testing $3,915 on Wednesday before Thursday's modest 0.8% rebound failed to reclaim the psychologically critical $4,000 threshold.The dollar is strengthening, Bitcoin is also falling, and traders are asking why gold is down today. In this article, I conduct technical analysis of the XAU/USD and BTC/USDT charts to answer that question and review the latest gold price predictions.Why Gold Price Is Falling Today? Fed's Powell Walks Back December Cut ExpectationsThe Federal Reserve's rate cut Wednesday, while expected, came with hawkish commentary that caught markets off guard. Peter Grant, VP and senior strategist at Zaner Metals, noted: "Gold had a logical reaction to Powell trying to walk back expectations for a December cut. We're already seeing Fed funds futures trimming expectations, that would be dollar positive and gold negative."The dollar index surged to 99.36 following Powell's comments, one of the highest levels since August, as traders reduced bets on another rate cut in December. Yesterday's declines were mainly caused by dollar strengthening after the Fed's rate cut decision, which boosted the DXY index to this elevated level.Chair Powell reads opening statement at the #FOMC press conference on October 29, 2025: https://t.co/ZDw8oqy6g3— Federal Reserve (@federalreserve) October 29, 2025Together with gold, Bitcoin is also falling for a fourth consecutive session, often called "digital gold," testing intraday lows below $108,000 Thursday. As a result, BTC prices are again declining below the support zone around $110,000 and stopping at the 200 EMA, combined with the 38.2% Fibonacci retracement and a broad support zone marked by July and September lows also tested in October (extending down to $105,000).Michał Stajniak, analyst at XTB, also explained Wednesday's catalyst: "The Fed decided to cut interest rates by 25 basis points to the 3.75-4.00% range, in line with market expectations. Powell indicated during the press conference that the December decision is not certain, and opinions among FOMC members are strongly divided. EUR/USD retreated below 1.1600 after this information."However, in my view, the dollar will weaken in the longer perspective, which will also translate into growth for both gold and Bitcoin. Nonetheless, in the short term we can see some deepened correction.Gold Price Analysis Shows Bearish Pin BarAccording to my technical analysis, gold prices have now experienced four consecutive declining sessions, correcting significantly from the $4,144 level observed last Friday to $3,915 noted yesterday. Although Thursday, October 30, 2025 brings a modest rebound of 0.8% and a test of the $3,982 level per ounce, precious metal prices remain below the psychological $4,000 barrier.Simultaneously, as my technical analysis shows, Wednesday drew a bearish pin bar on the daily chart under this psychological resistance, which generates a sell signal and the possibility of a stronger correction toward the support zone between $3,275 and $3,441, which I wrote about in my earlier analysis in this place. This zone is simultaneously strengthened by the 200 EMA, and from current levels gold could decline by 17%, as I mentioned in my previous gold analysis.It's true that gold still has the 50 EMA ahead of it, above which it has moved continuously since the beginning of 2025. Historically, however, this average has not proven to be as strong support as the aforementioned 200-day indicator. The 50-day moving average currently sits at $3,776.45, representing the first major technical test if the current correction extends.Bitcoin Correlation Highlights Risk-Asset WeaknessUnlike gold, on the BTC/USDT chart I would expect a chance for a rebound and, in the medium term, a return to the vicinity of the ATH around $126,000, which would certainly also help gold. For that matter, on gold, like analysts at major banks, I also forecast a return to the price discovery phase in the medium term.The parallel weakness in both gold and Bitcoin, each declining for four consecutive sessions, highlights a broader risk-asset rotation rather than isolated precious metal weakness. Bitcoin testing support below $110,000 and finding buyers at the 200 EMA zone suggests digital assets face similar technical pressure as traditional safe-havens.Why am I mentioning Bitcoin when talking about gold? Among other reasons, because in recent days the two have been moving in tandem, a trend seen especially when gold posted its sharpest one-day drop since 2020.The correlation between these assets typically strengthens during periods of dollar strength, as witnessed following Powell's hawkish Wednesday comments. Volume in gold futures surged to 64,749 contracts, 34 times the average of 1,879, indicating heavy institutional selling pressure and potential capitulation among leveraged traders.Gold Price Prediction: Long-Term Institutional Forecasts Remain BullishDespite the near-term bearish technical setup, major financial institutions maintain aggressively bullish medium-term forecasts. JP Morgan projects gold averaging $5,055 per ounce by Q4 2026, a 27% premium to current $3,972 levels, while Goldman Sachs targets $4,900 by December 2026, representing 23% upside.These institutional forecasts provide important context for the current 4-day decline. While technical indicators suggest potential for further near-term weakness toward the $3,776 or even $3,275-$3,441 support zones, the strategic outlook remains positive based on structural demand drivers that transcend short-term Fed policy uncertainty or dollar strength.Morgan Stanley recently revised its 2026 forecast upward to $4,400 per ounce, while Metals Focus sees gold reaching $5,000 in 2026 as uncertainty persists across global markets. The convergence of these bullish institutional views, all significantly above current spot prices, suggests sophisticated analysts view the correction as a buying opportunity rather than the start of a prolonged bear market.Before you leave, please also check my previous analysis with Bitcoin and gold price predictions:Gold Price Analysis, FAQWhy is gold falling for 4 days straight?Gold declined fourth consecutive session to $3,972.30 (-0.71% Thursday, -4.14% from Friday $4,144) triggered by Federal Reserve Chair Powell walking back December rate cut expectations during Wednesday press conference, strengthening dollar to 99.36 (highest since August), with Peter Grant (Zaner Metals) noting "Powell trying to walk back expectations for December cut" proving "dollar positive and gold negative," while bearish pin bar formed under $4,000 resistance generating technical sell signal.Is gold crash over or will it continue declining?No. According to my technical analysis, Wednesday's bearish pin bar under $4,000 psychological resistance generates sell signal with potential 17% downside toward $3,275-$3,441 support zone (200 EMA confluence), though 50 EMA at $3,776 represents first major test, with RSI remaining elevated suggesting correction incomplete, but everything above 200 EMA maintains uptrend definition and JP Morgan/Goldman Sachs forecasts $4,900-$5,055 by 2026 viewing weakness as buying opportunity.How low will gold prices go in 2025?My technical analysis identifies first downside target at 50-day EMA $3,776.45 (5% below current $3,972), with main support zone $3,275-$3,441 coinciding with 200-day EMA $3,316 representing 17% decline potential, though volume surge to 64,749 (34x average) suggests capitulation may be approaching, while long-term forecasts remain bullish with Trading Economics $4,157 Q4 2025, Goldman Sachs $4,900 Dec 2026, JP Morgan $5,055 Q4 2026.Why are Bitcoin and gold both falling?Bitcoin declined fourth consecutive session testing below $108,000 alongside gold's parallel weakness, with both assets pressured by dollar strength (DXY 99.36 after Powell's hawkish comments) indicating broad risk-asset rotation, though my analysis expects Bitcoin chance for rebound toward $126,000 ATH in medium term which would help gold, as longer perspective dollar weakness from Fed easing bias and fiscal deficits will translate into growth for both gold and Bitcoin. This article was written by Damian Chmiel at www.financemagnates.com.

Interactive Brokers stepped further into personal finance with the launch of the Karta Visa card, aiming to give users a way to spend directly from their brokerage accounts.Join buy-side heads of FX in London at fmls25According to the brokerage, the new card links trading and cash management in a single platform, enabling users to trade, save, invest, and make purchases globally without the friction of moving funds between platforms.“Our all-in-one cash management solution gives clients an easy and flexible way to manage their money,” commented Milan Galik, Chief Executive Officer at Interactive Brokers. “Introducing the Karta Visa card broadens the scope of our integrated approach and further simplifies how clients can oversee their finances.”A New Layer to IBKR’s Cash Management PlatformThe Karta Visa card adds to Interactive Brokers’ suite of cash management tools, offering clients a U.S. dollar card with no foreign transaction fees, real-time support, and lifestyle perks such as airport lounge access and luxury travel concierge services.The Karta Visa card reportedly enables clients to make purchases worldwide without FX fees while earning reward points on travel and lifestyle spending. Cardholders also gain access to global airport lounges, the Visa Luxury Hotel Collection, and concierge assistance via WhatsApp.Bringing Brokerage Convenience to Everyday FinanceInteractive Brokers’ existing cash management solution already lets clients earn interest of up to 3.62% on idle cash or borrow at rates between 4.62% and 5.62% when needed. Deposits can be made via mobile check or automated payroll, and funds remain protected under IBKR’s strong balance sheet and risk management framework.At launch, the Karta Visa card is available to eligible clients across several regions. With instant virtual issuance through Apple and Google Wallet, users can start spending immediately while maintaining direct access to their investment funds.By linking brokerage and banking functionality, Interactive Brokers continues to blur the line between investing and daily finance, offering a single account that works across markets, currencies, and now, at checkout.Interactive Brokers recently reported strong third-quarter results, driven by a rebound in trading activity and higher interest income. The performance reflected continued momentum among active investors despite ongoing market volatility.The brokerage recorded broad-based growth across its core business segments while maintaining tight cost control, helping boost profitability to its highest level in a year. GAAP net revenue rose to $1.66 billion from $1.37 billion in the same quarter last year, while adjusted net revenue reached $1.61 billion.Diluted earnings per share increased to $0.59, up from $0.42 a year earlier. Profit before taxes climbed to $1.31 billion, with the company maintaining a strong pre-tax margin of 79%. This article was written by Jared Kirui at www.financemagnates.com.

The Cyprus Securities and Exchange Commission (CySEC) has suspended public access to its certification registers after uncovering that scammers were using the personal details of certified professionals to defraud investors. The regulator said the move aims to protect the integrity of the capital market and safeguard the public from impersonation schemes.Join IG, CMC, and Robinhood at London’s leading trading industry event!“To safeguard investor protection and ensure the smooth functioning of the capital market, CySEC announces that it has temporarily suspended the publication of the Certification Registers and the announcements of certification examination results on its website, the watchdog mentioned.Fraudsters Exploiting Certification DataCySEC revealed that certain individuals had unlawfully used names and details listed in its Certification Registers or in the published results of certification exams. These fraudulent actors allegedly exploited the data to pose as legitimate professionals and mislead unsuspecting members of the public.The regulator emphasized that certification remains a necessary condition for employment in firms supervised by CySEC, as set out under the Directive for the Certification of Persons and the Certification Registers.CySEC urged investors to exercise extra caution when approached by individuals offering investment opportunities. It advised the public to verify both the person’s identity and the company they claim to represent by consulting CySEC’s official website or other recognized supervisory bodies.The regulator also reminded investors never to share personal or financial details or make payments without confirming the legitimacy of the entity involved.Protecting Investor ConfidenceIn a statement, CySEC said the suspension is temporary and intended to ensure a secure environment for investors and certified professionals alike. “The Commission’s primary objective is to uphold investor protection and the smooth functioning of the capital market,” the announcement read.You may also like: Think €250 Is a Small Test Investment? That’s How the Scam Starts, FSMA WarnsCySEC invited individuals seeking clarification or information to contact its Certifications Department directly. The regulator’s swift action underscores growing concerns across European financial markets over data misuse and impersonation scams targeting retail investors.Recently, the Chair of the Cyprus Securities and Exchange Commission, Dr. Giorgos Theocharidis, warned that artificial intelligence tools and social media influencers promoting questionable investment schemes pose growing risks to investors. In an interview with Forbes Cyprus, Theocharidis said the regulator is grappling with how to curb the influence of unauthorized individuals who market financial products online, often showcasing lavish lifestyles and promising quick profits without holding proper licenses.“We constantly remind investors that if something sounds too good to be true, then it probably isn't,” Theocharidis said during the interview, describing the phenomenon of so-called “fin-fluencers” targeting young investors as particularly concerning.Theocharidis, who has led CySEC since 2021, emphasized that the trend of so-called “fin-fluencers” targeting young and inexperienced investors is particularly troubling, reiterating the need for caution with offers that appear “too good to be true.” This article was written by Jared Kirui at www.financemagnates.com.

This week promises to be a highly dynamic period for traders, with four prominent central banks—the Bank of Canada (BoC), the U.S. Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB)—scheduled to deliver their verdicts on interest rates within a tight window of under 72 hours, spanning Wednesday and Thursday. Their policy statements and accompanying commentary will catch the attention of the global financial community. With relative monetary policy being a primary driver of currency valuations, any shift in a central bank's stance—or even a subtle change in its forward guidance—can trigger significant market movements across major currency pairs.Octa Broker offers a concise overview of the anticipated outcomes, potential market implications, and critical levels for traders to monitor. Policy shifts could amplify volatility in currency pairs such as USDCAD, EURUSD, USDJPY, and XAUUSD (gold), with key support and resistance levels potentially being tested. Understanding these dynamics is essential, as relative interest rate differentials often drive Forex movements, and any surprises could lead to sharp reactions in equities, bonds, and commodities.Bank of CanadaThe BoC is due to announce its monetary policy decision on Wednesday, 29 October, at 9:45 a.m. ET (1:45 p.m. UTC), followed by the release of its quarterly Monetary Policy Report (MPR).The market is heavily positioned for a second consecutive 25-basis-point (bps) rate cut, which would bring the overnight rate down to 2.25%. According to Refinitiv, interest rate swap markets are pricing in a 91% probability of this move. The rationale for easing policy stems from persistently high unemployment rate and subdued aggregate demand outlook, as highlighted in a recent BoC survey that showed that businesses were facing weak order volumes and restrained hiring plans. Although early indicators suggest that the Canadian economy may avoid another quarterly contraction, risks remain elevated, especially after the suspension of U.S.–Canada trade negotiations. BoC Governor Tiff Macklem stated in September that the bank was ready to cut again if risks to the economy materialised, and the data since then suggests they have.However, not all economists agree with a rate cut. The BoC's mandate is to keep inflation anchored at the 1% to 3% target midpoint. However, the Consumer Price Index (CPI) unexpectedly rose to 2.4% in September, and key core inflation measures continue to stay above 3%. This has prompted some analysts to argue that holding rates steady would be a prudent move. Key levels to watch (USD/CAD)Because a 25-bp rate cut is largely priced in, the immediate market reaction will hinge on the accompanying statement and the forward guidance in the MPR. A cut accompanied by a dovish statement suggesting an open door for further easing would weaken the loonie and exert upward pressure on USDCAD. Conversely, a decision to hold rates unchanged, or a cut with a more hawkish tone focusing on elevated core inflation, would likely trigger a sharp sell-off in USDCAD. The key levels to watch are 1.39500 on the downside and 1.4050 on the upside. Federal ReserveThe Federal Reserve's Federal Open Market Committee (FOMC) will conclude its two-day policy meeting on Wednesday, 29 October, with a decision on interest rates expected at 2:00 p.m. ET (6:00 p.m UTC) and the press conference scheduled for 2:30 p.m. ET (6:30 p.m. UTC). Financial markets are broadly expecting the U.S. central bank to lower its benchmark interest rate by a quarter of a percentage point to the 3.75%–4.00% range, marking the second cut this year. According to Refinitiv, interest rate swap markets are pricing in a 97% probability for a 25-bps rate cut. However, policymakers are divided: hawks like Kansas City Fed President Jeffrey Schmid worry about inflation, while new Governor Stephen Miran has argued for a much larger 50 bps cut. The rift within the FOMC is exacerbated by the U.S. government shutdown, which has halted key data releases like employment figures, leaving policymakers navigating partial information from private surveys and regional reports. However, available indicators show that job growth averaged just 29,000 per month from June to August, far below pre-pandemic norms. Furthermore, the recent milder-than-expected inflation readings have eased near-term concerns about tariff-driven price pressures. Taken together, the data strongly suggest a rate cut and a dovish statement. However, this outlook is significantly complicated by external pressures, such as renewed U.S.–China trade tensions, which still carry the risk of future price hikes.Beyond the interest rate decision, a major focus for Wall Street is whether the Fed will signal or announce the end of its balance sheet reduction program, known as quantitative tightening (QT), at this upcoming meeting. This speculation follows recent turbulence in overnight lending markets, which saw key borrowing rates spike and forced firms to tap the Fed's Standing Repo Facility (SRF). This is an unwelcome development as it threatens the Fed's control over its main policy rate.Key Levels to Watch (XAUUSD)This time, the market's focus is threefold: traders will scrutinise the FOMC statement for any hints on the future rate path, analyse Jerome Powell's press conference, and look for news regarding the future of QT. A cut accompanied by a dovish commitment to more easing and an immediate end to QT would put downward pressure on the U.S. Dollar Index (DXY) and provide a boost to gold (XAUUSD). Conversely, a cut with a more cautious, hawkish-sounding forward guidance could lead to a muted DXY reaction. The key levels to watch are 3,900and 3,825 on the downside and 4,050–4,100 on the upside. Bank of JapanThe BoJ will announce its policy decision on Thursday, 30 October, between approximately 02:45 to 04:00 UTC.This event is the 'wild card' of the week. Expectations lean toward holding short-term rates at 0.5% (82% probability, according to Refinitiv), but the decision is far from certain due to political influences from new Prime Minister Sanae Takaichi, who emphasises wage-driven inflation, supports continued monetary easing and is preparing a new fiscal stimulus package. Furthermore, external developments, such as U.S. tariffs and a weakening yen, complicate the outlook for interest rate changes. At the same time, the recent economic data justifies a hike. Core inflation hit 2.9% in September, the yen remains weak, and inflationary pressures are building. At the last meeting, two board members dissented, voting for an immediate rate hike. Thus, the key focus for markets will be the vote split: if those two hawkish dissenters are joined by another member, or even if they just remain, it will signal that a hike in December is highly likely.Key levels to watch (USDJPY)Traders should watch USDJPY, where a decision to hold rates could pull it above the 153.90 resistance level, while hawkish signals might push the pair towards support at 151.00. European Central BankThe ECB is scheduled to announce its monetary policy decision on Thursday at 1:15 p.m. UTC.Policymakers are likely to view this as an 'interim meeting', with the more significant one slated for mid-December, as they await the full impact of global trade developments. Thus, financial markets widely expect the central bank to keep rates on hold at 2% for the third consecutive meeting. According to Refinitiv, interest rate swap markets are pricing in a 100% probability of the ECB rate remaining flat. Since September, when policymakers described the economy as being in a 'good place', not much has changed. While headline inflation ticked up to 2.2% in September (just above the 2% target), this was expected, and the bank's own forecasts see it falling back to 1.7% next year.For markets, the key focus is the timing of a future rate cut. ECB Chief Economist Philip Lane has noted that downside risks could warrant slight easing, while upside factors like German stimulus might support a more hawkish view. Broader uncertainties, including political instability in France and debates over frozen Russian assets, reinforce the need for a cautious policy stance.Key levels to watch (EURUSD)A decision to hold the rate unchanged could strengthen EURUSD toward 1.17200 resistance level, especially if the preceding Fed's decision delivers a dovish message. Alternatively, a decidedly dovish ECB might push EURUSD below the 1.15700 mark. Disclaimer: This article does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences.Octais an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 61 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.Since its foundation, Octa has won more than 100 awards, including the 'Most Reliable Broker Global 2024' award from Global Forex Awards and the 'Best Mobile Trading Platform 2024' award from Global Brand Magazine. This article was written by FM Contributors at www.financemagnates.com.

Optimal Traders, a relatively new prop trading firm, has named Alaa Kriedy as Chief Executive Officer for its Middle East and North Africa operations, aiming to accelerate growth in the region.Join IG, CMC, and Robinhood in London’s leading trading industry event!Kriedy brings more than two decades of experience in financial services to his new role. He has previously led major initiatives in business development, operational efficiency, and strategic partnerships across the region. Experience from MultiBank GroupPreviously, he held various roles at MultiBank Group based in Dubai. He joined as an Executive Sales Manager and later served as the Senior Marketing Manager.Most recently, Kriedy was the Senior Marketing Manager at OTS Capital, a quantitative hedge fund that offers diversified portfolios for institutional investors and high-net-worth individuals.His experience in the online trading industry also includes a recent role as a senior marketing manager at Raze Markets, an online brokerage firm registered in Saint Lucia. Based in Dubai, he served as a Director of Marketing. A Leadership Boost for MENA OperationsHis expertise in digital transformation and client relationship management positions him to spearhead Optimal Traders’ regional growth strategy.Optimal Traders has been steadily expanding its global footprint, and the MENA region has become a key strategic hub. The firm provides multi-asset brokerage services, investment solutions, and technology-driven platforms catering to both institutional and retail clients.Meanwhile, MultiBank recently appointed Dana Massey as its Chief Product and Growth Officer, bringing a seasoned leader with extensive experience in scaling multi-market trading platforms. Based in Dubai, Massey oversees product strategy and growth initiatives across the firm’s operations.Massey joined MultiBank after more than three years at Capital.com, where he held senior positions, including Chief Product and Marketing Officer and later Chief Product and Technology Officer. At Capital.com, he expanded the firm’s product offerings and led development projects that supported its international growth.Prior to his work in trading, Massey built a career in digital product development. He held leadership roles at game developer King, Flaregames, and Rocket City Studios and served as VP of product at payments provider WorldRemit, gaining experience across fintech, gaming, and digital services. This article was written by Jared Kirui at www.financemagnates.com.

After eight years of innovation, the company earns top honours for bridging the fiat and crypto divide in Southeast Asia.The digital marketplace of Southeast Asia is a mosaic of economies, currencies, and consumer behaviours. For any business operating in the region, managing payments is a significant operational challenge. From customer transactions in Vietnamese Dong and partner settlements in Malaysian Ringgit, to supplier payments in USDT, the payment spectrum is broad and diverse. An efficient payment solution provider must be able to handle this diversity with precision and accuracy. For nearly a decade, one company has been building the financial infrastructure to streamline these operations, and its industry leadership has now been formally recognised. 5PAY, a specialist in integrated payment solutions, has been given the “Best Payment Gateway - APAC” title at the UF AWARDS APAC 2025. This award is not a simple plaque. It is a vote of confidence from the entire financial technology community, confirming the company’s status as a leader in one of the world’s most dynamic economic regions. The win acknowledges the company’s consistent performance, reliable technology, and deep understanding of what businesses require. Over the years, the company has earned a reputation for building an integrated infrastructure that bridges the gap between crypto and fiat payments. Its platform is not just a crypto solution or a fiat solution; it is an ecosystem that provides the stability, security, and convenience that today’s businesses and consumers need.A foundation of trust and experienceThe recognition from UF AWARDS APAC is the result of eight years of focused effort. Since its inception, the company has concentrated on building a reputation for reliability and efficiency. In the fast-moving world of digital finance, trust is the most valuable asset. The company has earned it by consistently delivering secure and compliant payment processing for a wide range of merchants.This experience provides businesses with a stable foundation for their financial operations. The company understands the regulatory and practical challenges of cross-border commerce in Southeast Asia. This knowledge is built into its platform, helping clients manage their payment flows effectively. This long-standing presence in the market demonstrates a commitment that goes beyond technology. It shows a dedication to supporting the growth of the businesses it serves.Unifying fiat and crypto paymentsA key factor in the company’s success is its ability to manage both traditional and digital currencies on a single platform. The separation between fiat and crypto has long been a point of friction for modern commerce. The company removes this barrier, enabling businesses to accept payments, send payouts, and handle seamless transactions, regardless of the currency. The company offers extensive multi-currency support, which is critical for any business with ambitions in Asia and beyond. This includes major regional currencies such as:Malaysian Ringgit (MYR)Vietnamese Dong (VND)Thai Baht (THB)Indonesian Rupiah (IDR)Hong Kong Dollar (HKD)South Korean Won (KRW)It also supports key currencies from other emerging markets, such as the Mexican Peso (MXN) and Brazilian Real (BRL). Alongside these fiat options, 5PAY provides full support for USDT, enabling quick and efficient settlement using one of the world’s most popular stablecoins. This dual capability gives businesses the flexibility to meet the demands of any customer or partner.A commitment to growth in AsiaWinning the “Best Payment Gateway - APAC” award affirms the company’s current success and reinforces its future direction. The company has a stated focus on continued growth and expansion across Asia. This means investing in technology, building local partnerships, and staying ahead of market trends to serve its clients better.A spokesperson for the company commented on the recent achievement. "We are honoured by this recognition. It validates our team's dedication to simplifying payments for businesses across Southeast Asia. Our focus remains on providing reliable and innovative solutions that support our clients' growth. We see this award not as a final goal, but as a milestone on our journey to empower commerce throughout the region."This vision offers a clear message to the market. 5PAY is not just a service provider. It is a strategic partner invested in the long-term success of its clients. For businesses seeking to expand their presence in Asia, selecting a payment partner with both regional expertise and a global perspective is crucial. The solutions offered provide a direct path to simplifying financial operations, reducing friction, and enabling businesses to focus on their core objectives. The recent industry award confirms what its clients already know: 5PAY is the partner of choice for seamless payments in Southeast Asia. This article was written by FM Contributors at www.financemagnates.com.

Marketing has always been dynamic. A simple rule change on platforms like Google or Facebook has the potential to throw campaigns, big or small, into disarray. Now, the advancement of artificial intelligence (AI) has further disrupted the industry.But AI is more of a boon for marketers than a bust.Discover how neo-banks become wealthtech in London at the FMLS25.The FMLS panel on “Marketing in 2026: Audiences, Costs, and Smarter AI” will explore the future of financial services marketing.Moderated by Yam Yehoshua, Editor-in-Chief at Finance Magnates, the participants in the panel will include Jo Benton, CMO at Fractional; Itai Levitan, Head of Strategy at investingLive; Roberto Napolitano, CMO at Innovate Finance; Tony Cross, Director at Monk Communications; Federico Paderni, Managing Director for Growth Markets in Europe at X, and Jo Benton, Chief Marketing Officer, Consulting/Fractional CMO.The panel is expected to discuss on the intricacies of marketing by brokers in the age of AI. While marketers need to act wisely with often limited budgets, AI is now giving them scalable solutions, but only if used properly.“As we look ahead to 2026, smarter AI tools are opening opportunities for businesses to reach customers more effectively,” said Napolitano. “The question will be how firms can strike the right balance between technology and human creativity to build trust and growth in a competitive market.”"Real-time AI Insights"Indeed, creativity is key to marketing. However, when it comes to promoting financial services, creativity must follow strict regulations.Companies also spend heavily on marketing across social media and other online platforms. Although these platforms provide advertisers with massive data sets, they also restrict financial services ads.“At X, we’re focused on turning that into precision for financial advertisers,” said X's Paderni.“Real-time AI insights allow brokers, fintechs, and crypto brands to meet audiences in the moment, whether it’s during a market spike, a regulatory shift, or a cultural breakthrough.""We saw this with crypto", he said, "investor sentiment can flip in minutes, and brands that respond in real time don’t just save on acquisition costs — they gain cultural credibility that lasts far beyond the spike.”Read more: Plus500 Believes in High Marketing Spends, IG and CMC Have Found Their Sweet SpotThe upcoming FMLS panel will cover the acquisition costs across platforms and geographies. The panelists will also offer analysis on today’s multi-layered audience segments and differences in behaviour and first-hand account of how global brokers balance consistency and local flavour.According to Itai Levitan, Head of Strategy at investingLive (part of the Ultimate group), companies must bring “practical insights on scaling personal and marketing productivity with AI, without losing the brand’s individuality.”He further suggested that it can be as simple as “transforming Google Search Console data into actionable one-month content strategies that align growth with conversions.”However, information overload is another factor that marketers must consider.Platforms are scraping an enormous amount of data, and if marketers do not have a grip on the data they are handling, it might ruin campaigns."We cannot fall into the trap of unlimited content at close to zero marginal cost in the recruitment and retention of clients," said Monk Communications' Cross. "Information overload is a real challenge, and we have a responsibility to make the onboarding and trading processes better — not overwhelming."Paderni of X believes that "the next frontier isn’t just smarter targeting — it’s smarter timing." This article was written by Arnab Shome at www.financemagnates.com.

Are AI stocks still an intelligent investment?At its October meeting, the Bank of England’s financial policy committee noted that measures of risk premia across many asset classes had tightened since June.It concluded that equity market valuations appear stretched on a number of measures ‘particularly for technology companies focused on artificial intelligence’ and that when combined with increasing concentration within market indices, this ‘leaves equity markets particularly exposed should expectations around the impact of AI become less optimistic’.Join IG, CMC, and Robinhood in London’s leading trading industry event!The committee is also not alone in expressing concern around concentration of US equities, with the five largest companies on the S&P 500 now accounting for almost 30% of market share – the highest level since the mid-1980s.Parallels have been drawn with market conditions prior to the dotcom crash at the end of the last century, particularly the sharp rise in tech stock valuations and speculative trading as well as the extensive use of circular financing – of which vendor financing was a key feature in the late 1990s.As with most tech sector stocks, AI company valuations are based on expectations of future adoption. Many investors remain confident that when it comes to artificial intelligence, Amara’s law (that the effect of a technology is overestimated in the short run and underestimated in the longer term) will come to pass.Here we see that breadth has collapsed since the last earnings season in the summer, but the market magically moved higher due to increasing concentration. And the same thing happened at the last top in February as well.These are the risks posed by AI to the markets and the… pic.twitter.com/lmdC2zwRdv— Mac10 (@SuburbanDrone) October 28, 2025There are significant potential obstacles to these valuations being realised though. Competition could increase and constraints on resources such as power and water could hold back infrastructure development, while new models for delivering services could render some of the anticipated infrastructure requirements obsolete.However, there will still be winners and it should be noted that some of the biggest names in this space have heavyweight backers. There is also a sense among market veterans that investment is much more focused on companies with a solid businesses model than it was at the height of the dotcom boom.With a September report from JP Morgan noting that AI-related capital expenditure was a more significant factor than consumer spending in US GDP growth that month, maybe investors should just strap and enjoy the ride.24-hour party peopleIn an increasingly interconnected world, enabling round-the-clock stock trading has long seemed like a logical progression.Earlier this month, trading of US equities between 4am and 8pm ET commenced on 24X National Exchange. The exchange says it plans to offer 23-hour weekday trading in the second half of next year.National securities exchanges including NYSE, Nasdaq and CBOE intend to follow suit and in March, DTCC subsidiary National Securities Clearing Corporation announced that it would increase clearing hours to support extended trading with implementation targeted for the second quarter of 2026.In September, IG launched 24/5 trading on 110 of the most popular US stocks for UK investors.These organisations are looking to tap into demand for longer trading hours from investors in regions where traditional US market hours are not convenient as well as from institutional investors who are not able to tap into the alternative trading systems and retail brokerages that already offer round-the-clock trading.However, there is recognition from industry groups of the need to allow market participants to opt in or out of offering this extended window to their clients, so that firms can invest in offering extended trading hours in a manner commensurate with their business needs.There is also acknowledgment that 24-hour trading is not suitable for every type of trader. For example, volumes will inevitably be lower in the middle of the night, which can increase the risk of price slippage and widen spreads as well as making it more difficult to fill orders.Then there is the matter of volatility. In a low trading volume environment there is greater scope for exaggerated price swings - which can create opportunities to pick up stocks below true market value but also make it difficult to assess that value.There is also the human factor. Trading is already stressful and if markets never close, the risk of burn-out will be that much higher. As my mother used to say, you can’t put a price on your health.BREAKING: The governor of the Bank of England, Andrew Bailey, has said that recent events in US private credit markets have worrying echoes of the sub-prime mortgage crisis in 2008— unusual_whales (@unusual_whales) October 22, 2025Think twice before taking creditOver recent months we have observed various instances of discord between the UK’s most senior banker and the government’s chief finance minister, perhaps most notably over the merits of a digital pound.The latest example relates to the equally contentious topic of private credit, where high profile credit defaults in the US automotive sector have highlighted concerns around high leverage, weak underwriting standards, opacity and complex structures.Andrew Bailey, governor of the Bank of England, told a recent House of Lords committee that the failure of First Brands and Tricolor could be indicative of a wider malaise in the private credit market. He suggested that investors consider whether these incidents are telling us something more fundamental about the private credit sector.Are 2008 Vibes Making a Comeback?Something big might be brewing again… The Bank of England just issued a serious warning after the collapse of First Brands and Tricolor, saying these events could pose systemic risks to global markets.Governor Andrew Bailey even compared… pic.twitter.com/xDGNutepum— BeLaunch (@BeLaunch_) October 23, 2025The Bank of England has said it will conduct a simulation to explore the connections between the private credit market and other parts of the financial system.Meanwhile, Rachel Reeves remains committed to making it easier for retail investors to get access to long-term asset funds and by extension to asset classes such as private credit. The UK chancellor has secured a commitment from 17 UK workplace pension providers to invest £50 billion – a minimum of 10% of defined contribution default funds - to private investments over the next five years, which includes private credit. This aim of this initiative is to increase investment in private assets for higher potential returns, with the hope of benefiting the UK economy and pension holders.Research suggests growth in private investments will outpace that of public assets over the coming years. However, that growth is likely to be uneven and some funds feel that the market is unattractive at a time when interest rates are relatively high.Reeves would love a rate cut ahead of next month’s budget – but that is yet another area where government and central bank are not on the same page. This article was written by Paul Golden at www.financemagnates.com.

As NVIDIA hits record highs and adds a $1 billion strategic stake in Nokia, the AI-fueled jump in both stocks says one thing: telecoms are now tomorrow’s battlefield.NVIDIA Stock Hits the StratosphereLet’s start with the obvious: NVIDIA is on a tear. After unveiling a series of updates at its GTC event, NVIDIA stock rose sharply, pushing the company’s market capitalization close to the $5 trillion mark.WATCH: All three major US stock indexes posted record closing highs again as Nvidia shares gained following news it will build artificial intelligence supercomputers for the US energy department, and as investors were optimistic about corporate earnings https://t.co/zS8cp8sGAi pic.twitter.com/sf5Asqa9aI— Reuters Business (@ReutersBiz) October 29, 2025Yes, you read that right: $5 trillion. That kind of number puts NVIDIA in the company of the gods (or at least near them). Its ascension is being fueled by the explosive demand for AI-hardware, GPUs, accelerators, you name it, and investors appear comfortable betting big.The question, of course, is whether that valuation is all gravy or if some of it is baked into a big leap. For now the market seems to believe it.Nokia Stock Rockets on Strategic BetNow turn to Nokia. The Finnish telecom gear maker has had a rough ride in recent years, but the announcement from NVIDIA gives it the kind of headline injection that’s rare: NVIDIA is investing $1 billion in Nokia, acquiring a 2.9 % stake at a subscription price of $6.01 per share, as part of a strategic tie-up to develop “AI-native” mobile networks.BREAKING: Nokia stock, $NOK, surges nearly +30% after announcing a $1 billion investment from Nvidia. pic.twitter.com/14cewE2pNf— The Kobeissi Letter (@KobeissiLetter) October 28, 2025Unsurprisingly, Nokia stock surged more than 20%, reaching their highest level in nearly a decade. A hardware vendor that many had somewhat written off is suddenly in the spotlight, thanks to this alignment with the major AI wave.[#highlighted-links#] Turning Telecom into AI InfrastructureSo what exactly is going on here? Why is NVIDIA, the chip/AI company, taking a stake in Nokia, the telecom infrastructure company? And why are both stocks benefiting?We are thrilled to announce that @NVIDIA will invest $1 billion in Nokia to accelerate AI-RAN innovation and lead the transition from 5G to 6G as part of a new strategic partnership. https://t.co/pxGT5DYsA2 #NVIDIAGTC #Nokia pic.twitter.com/XBtsQgNuBw— Nokia (@nokia) October 28, 2025The answer lies in the concept of AI-RAN (Radio Access Network) and the shift towards “AI-native connectivity.” According to NVIDIA, they and Nokia will jointly develop AI-RAN products so that telecom operators can support generative AI, edge computing, 5G-Advanced and 6G infrastructure.NVIDIA’s CEO, Jensen Huang, puts it bluntly: “Telecommunications is a critical national infrastructure—the digital nervous system of our economy and security. Built on NVIDIA CUDA and AI, AI-RAN will revolutionize telecommunications….”Nokia’s CEO, Justin Hotard, adds: “The next leap in telecom isn’t just from 5G to 6G – it’s a fundamental redesign of the network to deliver AI-powered connectivity, capable of processing intelligence from the data center all the way to the edge.”Exactly Why the Stocks Are Up· For NVIDIA: This move strengthens its role not just as a data-center AI chip provider but as a key component of next-generation connectivity infrastructure. More chips, more edge computing, more subscriptions.· For Nokia: It gains renewed relevance. The backing of NVIDIA gives the company a strong signal to investors that it is pivoting into high-growth territory, not just legacy network gear.· For investors: You get a two-fer, exposure to the AI hardware boom and the telecom infrastructure reboot all in one play.Stock Surge MechanicsLet’s dig into the figures. For NVIDIA, the stock gained roughly 5% when the updates were announced, bringing the cap to around $4.89 trillion. For Nokia, after the investment announcement, the shares jumped roughly 22.8 %, reaching highs not seen for a decade.In other words: the market rewarded the narrative. Hardware + AI + connectivity = good. Still, worth noting: such big jumps can fade as easily as they come if the delivery doesn’t follow. Execution risk is real.What You Should Keep an Eye OnClosing conditions – The investment by NVIDIA is “subject to customary closing conditions.” If anything goes wrong there, the premium in Nokia stock could evaporate. Commercial deployment timing – Nokia and NVIDIA expect field trials of AI-RAN solutions (with US operator T‑Mobile US) in 2026 and full roll-out likely later. If real revenue doesn’t kick in, the story could stall.Valuation risk – NVIDIA’s valuation is already enormous. For it to justify that price, the AI hardware/telecom angle must scale significantly.Competitive risk – Other players (like Ericsson, Huawei, and others) have stakes in RAN/6G infrastructure. If Nokia/NVIDIA stumble, others could grab share.Regulatory/geopolitical risks – Telecom infra is national infrastructure. Governments will be keen on sovereignty, supply chains, export controls. NVIDIA and Nokia are playing in a high-stakes zone.Final TakeIn the world of stocks, narrative sometimes drives as much value as numbers. Here we have a narrative check-boxed: NVIDIA, the poster child of the AI chip boom, links up with Nokia, a telecom operator looking for a second act, to build the networks of tomorrow. NVIDIA stock is riding high and arguably now embedded into the connective tissue of tomorrow’s digital world. Nokia stock is catching a wave of optimism it hasn’t seen in years. The catch? The wave has to carry them both through real deployments and monetization. If it does, both stocks may be up for more. If it doesn’t, the premium is at risk of being pruned.For more stories of finance and tech, visit our Trending pages. This article was written by Louis Parks at www.financemagnates.com.

Finance Magnates’ Q3 2025 Intelligence Report highlights ATFX’s continued strength and growing influence in the global trading landscape. During the quarter, ATFX achieved a total trading volume of USD 709.2 billion, marking another milestone in a year defined by steady growth, product diversification, and rising client engagement worldwide.2025: A Year of Expansion and InnovationThroughout the first three quarters of 2025, ATFX recorded a cumulative trading volume exceeding USD 2,347.9 billion, reflecting the company’s commitment to advancing technology, expanding its global footprint, and enhancing accessibility for traders worldwide.Over the year, ATFX strengthened its multi-asset offering and upgraded its trading platforms with faster execution, advanced charting tools, and a broader range of instruments. Educational initiatives, including quarterly Trader Magazines, webinars, and campaigns like AT GO Next-Gen Trading Power, further engaged and empowered traders.ATFX also expanded its presence across Africa and Asia, participating in major events such as the Finance Magnates Africa Summit (FMAS:25) and the Forex Expo Dubai 2025, where it served as a Regional Sponsor and received multiple industry awards. Industry recognition, including Best Forex MT4 Broker – Asia 2025 award at the Global Brand Awards and accolades for trusted services in Africa and Southeast Asia, underscores its leadership in the global trading sector.Product Performance in Q3Precious Metals: Rose 15.14% year-on-year as investors turned to safe-haven assets amid ongoing market volatility.Energy: Increased 47.23% quarter-on-quarter, driven by heightened commodity market activity and price fluctuations.Indices: Grew 23.51% quarter-on-quarter, reflecting stronger participation in global equity benchmarks.Stocks: Surged 1,318.30% year-on-year, underlining ATFX’s expanding multi-asset ecosystem and growing trader interest in equities.“2025 has been a defining year for ATFX, one marked by expansion, innovation, and stronger global engagement,” said Joe Li, ATFX Group Chairman. “From record-breaking trading volumes to deeper client connections, each milestone this year reinforces our commitment to trader empowerment and transparency. We remain focused on sustainable growth as we move confidently toward 2026.”As ATFX enters the final quarter of 2025, the company continues to build momentum through innovation, education, and service excellence. Its consistent performance and growing participation across asset classes affirm ATFX’s position as a global leader, delivering lasting value and opportunity for traders around the world.About 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.

SIX Group announced plans to implement a shared trading platform across all its exchanges, including SIX Swiss Exchange, Bolsas y Mercados Españoles and Aquis.Join buy side heads of FX in London at fmls25Last year, SIX agreed to acquire London’s Aquis Exchange in a deal valued at around £194million, rising to about £207million including share capital. The move marked a key step in expanding SIX’s pan-European trading and technology footprint.SIX Adopts Aquis for Coordinated AccessThe initiative aims to provide a unified experience for clients through a single connection that covers multiple trading venues. The platform is expected to offer easier market access, innovative trading solutions, and increased liquidity.The exchanges will operate on the Aquis Equinox matching engine. This technology is used by several exchanges worldwide and offers high availability, fault tolerance, ultra-low latency, and continuous uptime. SIX plans to use the system to build a next-generation pan-European platform, providing coordinated access for clients across its venues.SIX To Harmonize Trading Platforms Across Its Trading Venues, With Aquis Technologies Selected As Technology Provider https://t.co/ILM8pM3mDn— Mondo Visione (@ExchangeNews) October 29, 2025Aquis’ technology has seen growing adoption among financial institutions globally. With SIX being one of Europe’s largest exchange groups, the partnership aims to expand the use of Aquis technology in the coming years.Equity Platform Launch Planned for 2027SIX selected Aquis after a multi-stage selection process involving multiple vendors. Joint development work has started, with the new platform for equity and equity-like products scheduled to launch in 2027. Additional asset classes will be integrated later.SIX is coordinating with relevant regulatory authorities to secure necessary approvals for the platform’s implementation.SIX Expands Multi-Currency Interest Rate SwapsMeanwhile, SIX, via its Spanish CCP BME Clearing, has expanded clearing services to include multi-currency interest rate swaps. The extension covers USD, SEK, NOK, CHF, DKK, and GBP, alongside existing EUR-denominated IRS, in line with EMIR 3.0 requirements. SIX offers clearing across multiple asset classes, integrating risk management tools and flexible account structures under the LSOC principle. The service includes simplified pricing, revenue-sharing programs, and CCP fee savings, providing a cost-effective alternative for market participants seeking compliance with European IRS clearing rules. This article was written by Tareq Sikder at www.financemagnates.com.

The Australian Securities and Investments Commission has clarified how existing financial laws apply to digital assets. The update aims to give investors more protection and provide firms with clearer rules ahead of future law reforms.Digital assets meet tradfi in London at the fmls25The clarification follows earlier proposals for full licensing and stronger consumer protections for crypto firms in Australia.Stablecoins, Tokens Classified as Financial ProductsASIC’s new guidance confirms that stablecoins, wrapped tokens, tokenised securities, and digital asset wallets are considered financial products under current law. This means that many providers offering these products will need to hold a financial services licence.ASIC Commissioner Alan Kirkland said that distributed ledger technology and tokenisation are changing global finance. He added that ASIC’s guidance gives firms the clarity they need to operate within existing laws.He explained that licensing ensures consumers receive legal protections and enables ASIC to take action when poor practices cause harm. To help firms adjust, ASIC has introduced a sector-wide no-action position that will last until 30 June 2026. During this period, the regulator will not take enforcement action against unlicensed providers making genuine efforts to comply.Public Feedback Open on Draft ReliefASIC also plans to provide temporary relief for distributors of stablecoins and wrapped tokens, and for custodians of digital assets that qualify as financial products. The regulator is seeking public feedback on these draft relief measures until 12 November 2025.No-Action Position Considered for Past BehaviourIn addition, ASIC released a summary of industry feedback from Consultation Paper 381, which focused on digital asset financial products and services. The feedback helped shape the current guidance, including the examples and relief measures now proposed.ASIC said it will consider the no-action position when assessing past behaviour but will continue to act against serious misconduct or practices that cause significant consumer harm. This article was written by Tareq Sikder at www.financemagnates.com.

XTB is reconsidering its entry into Brazil less than a year after securing regulatory approval, citing protectionist measures that have complicated the market landscape for foreign brokerages.XTB Licensed Since February but Still No ActivityThe Polish fintech obtained authorization to operate in Brazil earlier this year and started the process to join the country's list of regulated institutions. But the firm now says it's "evaluating all potential business options, including the possibility of ceasing further operations in this market," according to its third-quarter earnings report released yesterday (Tuesday).What is the reason? XTB says the “current conditions in the Brazilian brokerage sector, especially local protectionist measures,” are preventing it from launching brokerage operations in Brazil, one of Latin America’s largest economies.The reassessment comes as XTB faces a sharp profit drop driven by weak trading conditions. Net income fell 74% year-over-year to PLN 53.2 million in the third quarter, down from PLN 203.8 million a year earlier. Revenue declined 20.1% to PLN 375.8 million as subdued volatility across financial and commodity markets reduced profitability per contract."For most instruments that are most popular among clients, a more predictable trend was observed, with the market moving within a limited price range," the company said in its report.Indonesia Launch Proceeds Despite local problems in Latin America, XTB's Asian expansion is moving forward. The brokerage's Indonesian subsidiary has begun onboarding clients and offers stocks and ETFs, with plans to introduce CFDs by early 2026. The firm secured its Indonesian license at the end of last year, marking its first regulatory approval in Southeast Asia.Moreover, XTB received its Chilean securities license from the country's Financial Market Commission in February, signaling its commitment to Latin America. Omar Arnaout, XTB's CEO, said earlier this year that Chile was a "key player" in the firm's global growth strategy. The company expected to start onboarding Chilean clients in the first half of 2025.Brazil, however, presents a different picture. The company had been pursuing Brazilian approval simultaneously and completed that process as planned. But local market conditions have since prompted a strategic review.XTB also launched its eWallet service this year, a multi-currency payment solution that nearly 22,000 clients had activated by the end of September. The wallet supports cashless payments and transfers in 19 currencies. This article was written by Damian Chmiel at www.financemagnates.com.

A surge in new clients couldn’t offset the drag of low market volatility for XTB in the third quarter of 2025. The Warsaw-listed brokerage added a record 222,000 new clients, but its net profit fell sharply as muted price movements across global markets reduced trading income.Join IG, CMC, and Robinhood at London’s leading trading industry event!Profit Declines as Market Volatility FadesXTB reported a consolidated net profit of PLN 53.2 million, down from PLN 203.8 million a year earlier, representing a 74% decline. Revenues dropped 20.1% year-on-year to PLN 375.8 million, weighed down by a fall in CFD profitability per lot. The company attributed the weaker performance to subdued volatility in financial and commodity markets. “The decline in profitability was a consequence of the low activity observed in the financial and commodity markets in the third quarter of the current year.”“For most instruments that are most popular among clients, a more predictable trend was observed, with the market moving within a limited price range,” it added. Despite the quieter market backdrop, XTB expanded its client base faster than ever. The brokerage added 221,762 new clients, more than double the figure from the same quarter in 2024. Total active clients rose 75.9% year-on-year to nearly 920,000, driving a 28.6% increase in the number of CFD contracts traded and a 60.8% rise in nominal turnover to USD 1.1 trillion.Commodities-based CFDs were the top revenue driver, accounting for 48.5% of total income, boosted by trading in gold, silver, natural gas, and cocoa. CFDs on stock indices contributed 32.4%, while currency-based CFDs, including crypto instruments such as Bitcoin, Ethereum, and Ripple, represented 10.8%.Operating expenses jumped 54.7% year-on-year to PLN 322.7 million, mainly due to heavier marketing spending and higher employment. Marketing costs alone rose by PLN 69.9 million, while staff-related expenses climbed by PLN 26.1 million.You may also like: Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market TradingBesides that, costs increased further by PLN 29.7 million quarter-on-quarter, as XTB invested more resources in advertising and technology. The board expects total operating expenses for 2025 to be roughly 40% higher than last year, driven by global expansion and a strong client acquisition push.Global Expansion in Asia and South AmericaXTB continued to expand its international footprint, securing licenses to operate in Indonesia and Brazil. Its Indonesian subsidiary has already begun onboarding clients and plans to launch CFDs by early 2026. In Brazil, XTB obtained regulatory approval but is reassessing its strategy in light of “local protectionist measures.”The broker also rolled out its eWallet service, a multi-currency payment solution, earlier in the year. Nearly 22,000 clients reportedly activated the wallet by Q3, enabling cashless payments and transfers in 19 currencies, including EUR, USD, and GBP.XTB reaffirmed its dividend policy, aiming to distribute 50–100% of its standalone net profit, depending on capital needs and regulatory requirements. For the first nine months of 2025, standalone profit stood at PLN 462.8 million. This article was written by Jared Kirui at www.financemagnates.com.

After a brief absence, Skilling has reestablished its integration with TradingView, enabling users to trade a wide range of CFDs directly from their charts.Join IG, CMC, and Robinhood at London’s leading trading industry event!The relaunch follows a recent announcement that an investor group led by Marc Joppeck, which also owns INFINOX, had agreed to acquire European online brokerage Skilling.com. Strengthening Presence in Europe’s Trading SectorThe deal is intended to strengthen the group’s footprint in Europe’s trading sector and enhance client access to a wider range of trading products. It reportedly allows traders to place and manage positions in forex, stocks, indices, commodities, and cryptocurrencies without switching platforms.The renewed connection gives TradingView users full access to Skilling’s multi-asset environment. This setup simplifies execution by merging analysis and order placement into a single interface. Traders can connect through the TradingView panel, link their Skilling accounts, and begin trading instantly.Founded in 2016, Skilling operates under regulation from the Cyprus Securities and Exchange Commission. The broker provides access to more than 1,000 CFD instruments and caters to both retail and professional traders.Read more: FCA Plans to Simplify Short Selling With Anonymized Data and Faster FilingsSkilling said the updated integration aims to provide a “straightforward trading environment” that balances accessibility with cost efficiency. Its trading conditions include tight spreads designed to support fast execution and effective chart-based decision-making.Skilling.com Set to Join INFINOX Ownership GroupRecently, an investor group led by Marc Joppeck agreed to acquire Skilling.com. The group, which already owns INFINOX, aims to expand its footprint in Europe’s competitive trading market and strengthen client access to a wider range of trading products.Skilling’s strong presence in the Nordic region was cited as a key attraction, complementing the group’s existing international reach. Joppeck described Skilling’s technology and client-first approach as a strategic fit for the group’s growth plans..“Skilling’s technology and client-first approach are an ideal fit for our strategy, creating opportunities to scale innovation, deliver enhanced value, and build resilience in an increasingly competitive sector,” said Marc Joppeck, board member of INFINOX.Following completion, Skilling is expected to retain its brand and operational independence while integrating the group’s technology, compliance resources, and licensing framework. This article was written by Jared Kirui at www.financemagnates.com.

The financial markets are stabilizing ahead of the FED's meeting. The US inflation was published despite the government shutdown in the US and was a bit softer than anticipated, which had caused the immediate bullish reaction of Gold, stocks indices and pushed down the US dollar index.The reaction was, however, limited, as volatility remains low across the board. VIX dives below 16, confirming the bullish trend narrative, though without any substantial participation from bit capital, as volume falls since October 10 for S&P 500s index futures, and since October 17 for Gold futures, according to the statistics from Chicago Mercantile Exchange.Traders are preparing for the publication of the US interest rate on Wednesday, October 29th, and the press-conference of Jerome Powell. Usually, he provides a softening effect on markets with a positive sentiment, so given the overall dovish expectations from the FED and a moderately bullish sentiment, we can expect markets to resume the pullback ahead of the FED’s meeting and beyond.The Nasdaq and overall tech sector gets overbought against the financial sector, so one possible scenario for the week is a rotation between techs and financials (in favor of financial stocks): some of this dynamics was already displayed last week, and it may extend to the week ahead.Crude oil had returned back to $60 and above, reacting to sanctions imposed by Donald Trump to largest Russian oil producers. That creates uncertainty in the energy markets, as around 500 to 600 thousand barrels per day is expected to be eliminated from the oil market, according to Bloomberg.So, the global record surplus pressure might be compensated by the effects of sanctions. At the same time, Kuwait’s prime minister said that OPEC is prepared to increase production if demand requires it. So, current upward pressure for Crude oil futures might be amplified by short coverage, though the overall bearish trend remains intact.Let’s dive into the charts of Crude oil and Gold and try to highlight major scenarios for the week ahead.USOILCrude oil had reached the 50-day moving average, driven by sanctions for Russia, and creating some bullish flow amid some short coverage, as open interest for crude oil futures has been declining steadily since October 15. The effect seems temporary, as the global record surplus expectations skew expectations for lower price levels.Thus, we may expect some rotation around the achieved level with some volatility around it. One should be careful with upside breakouts, as they have greater odds to be false, unless any game changing news will reach the market.XAUUSDGold is consolidating after the large sell-off, which also was the biggest daily decline for more than a 10-year period. As the asset was deleveraged, it’s not expected to continue quickly moving up, though in case it generates the upside breakout, it may turn down as shown at the chart, as the bullish price action might be vulnerable now after the liquidation.Though, everything will depend on the geopolitical situation, as Gold acts as a protection against political statements and current market volatility.If there would be no drivers behind the bullish action, it would probably slide down further in case the retest of the upper border of the chart formation would be false. This article was written by FM Contributors at www.financemagnates.com.

With Sanae Takaichi's ascent, a new trading logic – "Takaichi trades" – quickly formed in financial markets. Its core is the expectation that the new government will restart a combination of large-scale fiscal stimulus and ultra-loose monetary policy, which is seen as a continuation of former PM Shinzo Abe's "Abenomics.""Takaichi Trades" – Assessing the New Political PremiumShe has clearly expressed opposition to interest rate hikes, a stance that fundamentally puts pressure on the Japanese Yen.The market's initial reaction was direct and intense. The Yen immediately weakened, USD/JPY quickly climbed from below, while the Japanese stock market (Nikkei) rose, and Japanese government bonds (JGBs) faced selling pressure. This price action reflects the market's immediate expectations for the new policy mix: fiscal expansion will increase government spending, and pressure on the central bank may delay or prevent interest rate hikes, thereby maintaining or even widening the interest rate differential between Japan and major economies like the United States, weakening the appeal of the Yen.However, the rapid depreciation of the Yen has caused official unease. Japanese Finance Minister Katsunobu Kato recently stated that the government is "closely monitoring the Yen's recent rapid weakening" and expressed concern about "unilateral and sudden" exchange rate fluctuations. This is typical "verbal intervention" rhetoric, aiming to warn market speculators that the government has a tolerance limit for excessive exchange rate volatility.A deeper analysis reveals the potential fragility of the "Takaichi trade" itself. The ruling Liberal Democratic Party (LDP) led by Takaichi has formed a coalition government with Ishin. The reality of this political alliance means that any major policy requires negotiation and compromise. Analysts point out that Ishin's inclusion may act as a check on Takaichi's most aggressive reflationary policies, prompting the government to adopt a more balanced economic approach.Therefore, the market's initial interpretation of the "Takaichi trade" may be overly simplistic. The inherent constraints of a coalition government mean that the final fiscal stimulus package may be smaller than market expectations or come with more considerations for fiscal discipline. This potential gap between expectations and reality sets the stage for a reversal of the "Takaichi trade." Once subsequent policy falls short of expectations, the current USD/JPY exchange rate, inflated by political premiums, may face the risk of a rapid pullback.Furthermore, this also exposes potential internal divisions within the Japanese government on exchange rate issues. The PM office may prefer a weaker Yen to boost export corporate profits and overall economic growth, which can garner business support politically. However, the Ministry of Finance(MoF) is more concerned with exchange rate stability and import costs. A weaker Yen pushes up the prices of imported energy and food, exacerbating inflationary pressures, which is highly unpopular with the general public, especially with current inflation already above the central bank's target. The Ministry of Finance's verbal intervention is a manifestation of this internal tension, setting a "soft top" for USD/JPY's upside, backed by the threat of actual foreign exchange intervention. Internal Divisions within the Bank of JapanAmidst changes in the political landscape, policy debates within the Bank of Japan are also becoming more public. Divisions among members regarding the future path of monetary policy are increasingly apparent. At the core of this debate is how to interpret current inflation data and when is the appropriate time for policy normalization.A key figure in the hawkish camp is council member Hajime Takata. On 20 October, he once again publicly called for an interest rate hike, arguing that "now is an excellent opportunity to raise policy rates," and emphasized that Japan is nearing its price stability target. This clear hawkish stance directly challenges the new government's dovish tendencies and reflects the concerns of some policymakers within the central bank about sustained inflation.In contrast, the cautious faction, led by Governor Kazuo Ueda, advocates for a more prudent approach. Governor Ueda has repeatedly emphasized that any interest rate hike in October will depend entirely on future economic data and whether his confidence in achieving inflation and growth forecasts strengthens. Deputy Governor Seiichi Shimizu expressed similar views, pointing out that given Japan's long history of low or even zero interest rates, there is great "uncertainty" about the potential reactions to interest rate normalization. Therefore, the central bank must "be very careful" in evaluating the consequences of policy actions.The internal debate within the Bank of Japan is actually taking place in a more incomplete information environment. This makes the position of the cautious faction (such as Governor Kazuo Ueda), who advocate for "continuing to observe data," more persuasive. They are fully justified in pointing out that any policy adjustment made before the release of key inflation data would be premature.From a technical analysis perspective, USDJPY has broken through the downtrend line and formed a higher high structure. The price is above both moving averages, indicating that momentum has shifted to bullish. If it breaks above 152.50, the price may move up to test the next resistance level at 153.20. Conversely, if it closes below 152.50, the pair may fall back to the support level at 150.90.Based on the above analysis, the market expects Japan to restart an active fiscal stimulus plan, which may delay the Bank of Japan's monetary policy normalization and widen the policy divergence with the Federal Reserve. Expectations of fiscal expansion may further increase downward pressure on the Japanese Yen.US Side: Economic Resilience and the Data-Deficient FedInitial jobless claims have continued to be lower than market expectations in recent weeks. For example, in the third week of September, initial jobless claims were 218,000, significantly lower than the market consensus of 235,000, reaching a two-month low. This series of data indicates that despite economic challenges, corporate layoff rates remain low, which allays market concerns about a sharp deterioration in the labor market.Secondly, recent remarks by Federal Reserve Chairman Powell have also reinforced market expectations. He emphasized that a strong economy and labor market give the Federal Reserve the "ability to proceed cautiously" when deciding the future path of interest rates. This means that until clear and sustained signs of economic weakening emerge, the Federal Reserve is not in a hurry to begin an interest rate cut cycle.Ironically, the current US government shutdown has actually become a short-term positive factor for the US dollar. Due to the shutdown, important economic indicators, including the September jobs report and key inflation data, have been postponed. Chairman Powell has publicly acknowledged that if the shutdown continues, the Federal Reserve will "start missing data," which will make policy decisions "more challenging."This creates a "shutdown paradox": the market expects to see weak economic data to prompt the Federal Reserve to cut interest rates sooner, thereby narrowing the US-Japan interest rate differential and weakening the dollar. However, the government shutdown precisely prevents the release of these most critical data. In a state of "flying blind without data," no prudent central bank would easily adopt an easing policy. Therefore, the Federal Reserve's most likely option is to remain patient and wait for data to resume. This "forced inertia" in policy maintains the huge interest rate gap between the US and Japan, providing solid macro fundamental support for the USD/JPY exchange rate and acting as a resistance to any rebound in the yen.The Bank of Japan's monetary policy meeting, scheduled for October 29-30, will undoubtedly be the most critical event determining the short-term direction. The market is currently in a fragile balance, and every signal conveyed by Governor Kazuo Ueda at the post-meeting press conference – whether it's his assessment of the inflation outlook, his views on the new government's fiscal policy, or his responses to internal policy disagreements – could become a catalyst to break this balance. This article was written by FM Contributors at www.financemagnates.com.

HONG KONG – October 27th, 2025 – Renowned Hong Kong entrepreneur and investor Dr. Adrian Cheng, Founder of A2Z of ALMAD Group, has become a shareholder of CBCX, a London-headquartered multi-asset liquidity provider. This strategic investment will inject significant momentum and resources into CBCX’s growth across Asia-Pacific and the global market. The partnership will focus on expanding financial investment trading solutions for participants in the gold and foreign exchange industries, while deepening collaboration across commodities, stocks and brokerage services.At the same time, CBCX is preparing to launch its Digital Asset Index, offering diversified crypto investment and hedging products for financial institutions, family offices, and individual investors. They will also jointly explore the issuance of digital gold and tokenised financial products, fostering deeper integration between traditional finance and the digital asset economy. Through this strategic alignment, CBCX aims to build a next-generation integrated financial ecosystem that spans traditional financial instruments, digital assets, and tokenised products — covering trading, investment, hedging, and wealth management.As one of Asia’s most influential business leaders, Dr. Cheng is known for his forward-looking investments across real estate, technology, culture, and digital finance. His investment reflects strong confidence in CBCX’s vision to integrate traditional finance with digital innovation and redefine global asset liquidity. It also represents a milestone moment in uniting traditional finance with the emerging digital assets.Building an Integrated Platform for Traditional and Digital AssetsLed by Vincent Pong and Andy Cheung, CBCX has long specialised in delivering top-tier liquidity and efficient trade execution services to global banks, brokers, asset managers, and individual investors. Backed by strong technology and a solid compliance framework, CBCX has grown into one of the world’s leading multi-asset liquidity providers.As the company enters a new phase, CBCX is accelerating the development of an integrated financial ecosystem that bridges traditional and digital assets. Traditional assets: The platform supports efficient trading of a wide range of products including precious metals, forex, stocks, and commodities—offering professional investors stable and transparent access. Crypto assets: CBCX is rapidly expanding liquidity and trading infrastructure for major cryptocurrencies, strengthening its position in digital asset trading and management. Digital gold: Leveraging its expertise in gold market liquidity, CBCX is developing a dedicated digital gold trading platform, along with tokenisation services, to offer users a reliable and secure digital store of value. Launching a Digital Wealth Management Platform to Bridge Traditional Allocation and Digital GrowthCBCX will soon launch its Digital Wealth Management Platform, tailored for high-net-worth individuals and institutional clients. The platform will offer diversified crypto asset management services under a strict compliance framework, supported by robust risk controls and data-driven investment strategies. By extending traditional asset allocation methodologies into the digital sphere, CBCX aims to help clients achieve sustainable growth and wealth preservation in the expanding digital economy.Dr. Andy Cheung stated: “Dr. Adrian Cheng’s strategic investment not only affirms CBCX’s institutional-grade infrastructure and strong compliance record built over the past decade but also accelerates our transformation into a next-generation financial institution. This partnership represents the breaking down of barriers between traditional capital and emerging digital finance. Dr. Cheng’s involvement gives strong strategic backing to our global expansion and reflects growing confidence among traditional business leaders in the ‘traditional + digital’ financial model. Moving forward, with London and Hong Kong as dual hubs, CBCX will continue to integrate liquidity across asset classes, expand in areas like cross-asset trading, index-based investment, digital wealth management, and tokenised financial products—building a full-spectrum digital financial ecosystem for both institutional and individual investors.”About CBCXFounded in 2011, CBCX Group is an award-winning multi-asset liquidity provider committed to delivering a secure, compliant, and efficient trading environment for clients worldwide. Headquartered in London, the company also maintains offices across the world, with regulated subsidiaries across several leading global jurisdictions. CBCX provides seamless access to a diverse range of markets — including FX, Precious Metals, Commodities, and Indices. With advanced execution technology, deep liquidity networks, and a strong regulatory foundation, CBCX serves global banks, brokers, asset management firms, and professional traders with competitive cross-asset liquidity and value-added solutions.Building on its strong foundation in traditional finance, CBCX is expanding rapidly into the digital asset ecosystem. The firm is launching its Digital Asset Index and Digital Wealth Management Platform, designed to provide both institutional and individual clients with transparent, compliant tools for investment and institutional hedging — bridging the worlds of traditional finance and digital assets. For more information, please visit www.cbcx.com. This article was written by FM Contributors at www.financemagnates.com.

Short selling, long a contentious yet vital feature of financial markets, is once again in the spotlight as the UK’s Financial Conduct Authority (FCA) launches a consultation to revamp its regulation.Join IG, CMC, and Robinhood at London’s leading trading industry event!The watchdog’s latest proposal seeks to balance market transparency and operational efficiency, designed to encourage trading activity without compromising oversight.A Smarter, Simpler FrameworkThe FCA’s consultation, released today (Tuesday), outlines several key reforms aimed at making short selling more efficient and less burdensome for market participants.The plan follows the government’s legislative framework introduced in January 2025 and forms part of the UK’s broader post-Brexit effort to make its capital markets more competitive.Under the proposed model, the FCA would introduce aggregated net short position disclosures, combining and anonymizing all individual positions reported above the 0.2% threshold. This approach would preserve transparency while protecting the identities of individual investors.The regulator also plans to extend the reporting deadline for firms to submit their positions and to offer clearer guidance on how they calculate a company’s issued share capital. Together, these steps are meant to simplify compliance and reduce administrative strain.Streamlined Processes for Market MakersThe proposals also aim to speed up and automate the reporting process. Market makers, who play a central role in providing liquidity, would benefit from upgraded systems for exemption notifications and position reporting. According to the FCA, the changes are designed to make submissions “easier, quicker, and less burdensome.”The consultation reflects the regulator’s continuing shift toward data-driven oversight and proportional regulation, which prioritizes efficiency while maintaining safeguards for market integrity.With feedback now open, the FCA’s short-selling review marks a pivotal moment in the UK’s efforts to modernize its financial rulebook for a global marketplace increasingly focused on agility and trust.Keep reading: Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market TradingThe latest update follows FCA’s easing of retail investor access to crypto exchange-traded notes (cETNs). The regulator recently lifted a ban on cETNs, marking a notable shift in the UK’s regulatory stance toward digital asset investments. Under the new framework, cETNs can be offered to retail investors provided they are listed on the FCA’s Official List and traded on a UK-recognized investment exchange. The policy aims to expand distribution opportunities for firms while maintaining safeguards to protect consumers through stricter disclosure and oversight requirements.The regulator has classified cETNs as Restricted Mass Market Investments, bringing them under the financial promotion regime and ensuring that marketing materials meet standards designed to reduce the risk of investor harm. This article was written by Jared Kirui at www.financemagnates.com.

Truth Social is set to become the world’s first social media platform to provide prediction market trading, following a new agreement with Crypto.com’s regulated exchange, CDNA. This integration enables users to trade contracts on election results, inflation rates, commodity prices, and sports outcomes in real time.Digital assets meet tradfi in London at the fmls25According to the announcement, Truth Social plans to embed prediction market capabilities directly into its platform. This integration will allow users to trade contracts on political outcomes, economic events, and global sports in real time.Democratizing Access to Prediction MarketsAt the center of this initiative is “Truth Predict,” a new product enabling users to buy and sell contracts tied to the outcomes of major events such as elections, inflation changes, commodity prices, and sports results. Users will watch prices shift instantly, enabling dynamic reactions to live developments around the world. Commenting about the move, Crypto.com Co-Founder and CEO Kris Marszalek said, “We are proud to partner with Trump Media, an innovator in digital media, to bring the utility of CRO to the Truth Social platform.”“This CRO integration is a historic moment for the Cronos blockchain and a testament to the loyal community of builders dedicated to broadening access to the benefits and opportunities of crypto.”Rewards, Integration, and Future PlansIn addition to standard purchases, Truth Social and its streaming service Truth+ will enable users to convert platform-earned Truth gems into the Cronos (CRO) cryptocurrency, the companies mentioned. These tokens will then be applied to buying prediction contracts, further linking social engagement to financial participation.The service is set to begin with Beta testing in the United States soon, followed by a full launch and plans for a global rollout once regulatory prerequisites are met.You may also like: US President Trump’s Social Media Firm to Launch a Bitcoin ETFThis move expands on a recent partnership between Trump Media and Crypto.com to incentivize user activity with CRO rewards and follows an ongoing plan to form a digital asset treasury company through a business combination with Yorkville Acquisition Corp.Early this year, Crypto.com collaborated with TrumpMedia & Technology Group and Yorkville America to support a series of TMTG-branded exchange-traded funds (ETFs). These ETFs include both digital and traditional assets, with one ETF incorporating a basket of cryptocurrencies, including Crypto.com’s CRO token. This article was written by Jared Kirui at www.financemagnates.com.