S&P Global and CME Group have completed the sale of their joint venture, OSTTRA, to investment firm KKR. The deal values OSTTRA at $3.1 billion, with proceeds split equally between the two companies. The transaction marks the end of a 50/50 partnership that began in 2021.OSTTRA Sale May Affect Retail InvestorsCME Group’s sale of its stake in OSTTRA brings potential changes for retail investors. The additional capital may be used for share buybacks, dividends, or reinvestment in its exchange and clearing businesses. Join buy side heads of FX in London at fmls25The exit from a non-core post-trade operation allows CME to focus on its core derivatives markets. However, the move also narrows its business scope, increasing its reliance on trading activity and market volatility.OSTTRA Connects Banks, Brokers, Asset ManagersOSTTRA was created to support the global financial ecosystem with post-trade services across interest rates, foreign exchange, credit, and equity markets. Its platform connects banks, broker-dealers, and asset managers, helping them manage trade processing and optimization.Barclays and Davis Polk advised S&P Global on the transaction. Citi and Skadden provided financial and legal advice to CME Group.CME Group has seen one of its directors depart, as Helena Jarabakova moves to TradingView’s Business Development & Partnerships team for the Americas.Jarabakova most recently serving in London as Senior Director, Global Channel Partnerships, Retail. Before that, she held the role of Director, Global Institutional Marketing, in New York and London for six years.CME Q2 Volumes Rise Across Multiple Asset ClassesMeanwhile, CME Group reported record international trading volumes in the second quarter, driven by strong activity across multiple asset classes, particularly foreign exchange products. The exchange recorded an average daily volume of 9.2 million contracts outside the U.S., an 18% increase from the same period last year. FX trading in Latin America rose 30%, setting quarterly records, while Europe, the Middle East, and Africa contributed 6.7 million contracts, up 15%, and Asia Pacific volumes increased 30% to 2.2 million contracts. The launch of the FX Spot+ platform boosted activity, reaching $1.4 billion in daily volume during its first month. Equity and energy products also saw notable growth, contributing to a total global daily volume of 30.2 million contracts. This article was written by Tareq Sikder at www.financemagnates.com.

DUBAI, United Arab Emirates, Oct 10, 2025 – PU Prime, a global multi-licensed online brokerage, was honoured to be one of the Global Sponsors at the Dubai Forex Expo 2025. Held on 6–7 October at the Dubai World Trade Centre, the event attracted more than 30,000 financial professionals from around the world, marking another milestone in PU Prime’s commitment to industry excellence.Expert Insights from PU Prime’s Ahmed Yousre on the Future of TradingMr Ahmed Yousre delivering his keynote speech at Dubai Forex Expo 2025Mr Ahmed Yousre, Promotion Manager at PU Prime, delivered a keynote speech sharing insights on how AI is advancing Forex trading. He provided a comprehensive overview of the practical applications of AI, emphasising its role in enhancing market analysis, boosting trading efficiency, and supporting more robust, data-driven risk management.Recognised as a Top Client Funds Protection BrokerPU Prime wins the Top Client Funds Protection Broker awardPU Prime has been honoured with the prestigious title of Top Client Funds Protection Broker, reaffirming its commitment to safeguarding investors’ assets. Client fund security remains at the core of PU Prime’s operations. A commitment strengthened through its partnership with the Financial Commission and Lloyd’s of London.Driving engagement with surprise aheadVisitors participating in on-ground activities at the PU Prime boothPU Prime introduced a lucky draw segment to reward visitors who opened a live account and made deposits, offering them a chance to win premium Apple products and exclusive mystery gifts through PU Prime’s partnership with the Argentina Football Association. Beyond ordinary product showcases, PU Prime took the opportunity to address visitors’ questions and provide clear explanations about its products and trading services.Reinforcing the brand's global and regional presenceLooking ahead, PU Prime remains dedicated to strengthening its global presence by providing traders with secure, transparent, and technology-driven solutions underpinned by institutional-grade infrastructure, strong regulatory compliance, and a client-first approach.For media enquiries, you can reach out to media@puprime.com. This article was written by FM Contributors at www.financemagnates.com.

IG Group (LON: IGG) announced the appointment of David Perry, the co-founder of the now-collapsed crypto platform Ziglu, as the new Group Chief Technology Officer, effective today (Friday).Join IG, CMC, and Robinhood in London’s leading trading industry event!IG Strengthens Its C-SuiteThe appointment came only a week after the London-listed company onboarded Michael Vaughan as the Chief Executive of its North American operations.“David brings extensive CTO experience across the fintech and consumer digital sectors,” IG wrote in a LinkedIn post announcing the appointment of the new CTO.Perry joined IG from Vemi Money, where he served as Group CTO since 2023. Before that, he co-founded Ziglu and sat on its advisory board for over four years. Although Robinhood wanted to acquire Ziglu in 2023, that deal collapsed, and the UK-based crypto firm eventually entered liquidation in May 2025.Other brands he worked with include DANIEL, Opta6, Penta Consulting, and BJSS. He also had a short stint at Starling Bank as an Infrastructure Specialist. In the early years of his almost three-decade-long career, Perry worked with Barclays, the Royal Bank of Scotland, and several other mainstream financial institutions.“His experience and leadership will be instrumental as we continue to execute on our strategy to grow active customer numbers and deliver the next phase of our growth,” IG added on Perry’s appointment.IG’s Crypto BetThe new CTO took charge as IG is investing heavily in crypto services. The broker, under the IG brand, first launched spot crypto services for its UK clients through its partnership with Uphold. However, it had already been offered in the US under the tastytrade brand.Last month, IG Group agreed to acquire the Australian crypto exchange Independent Reserve in an £87 million deal. However, it will initially take a 70 per cent stake in the crypto exchange, while holding options to acquire the remainder based on the company’s performance.IG also recently secured registration from the Financial Conduct Authority (FCA) as a crypto asset provider. This article was written by Arnab Shome at www.financemagnates.com.

Exness, one of the world’s largest multi-asset trading brokers, is proud to announce the opening of its first Middle East and North Africa (MENA) office in Amman, Jordan. This milestone coincides with the company securing an operating license from the Jordan Securities Commission, reinforcing its commitment to regulatory excellence and long-term growth in the region.The Amman office and Jordanian entity strengthen Exness’ presence in the MENA region, marking a significant step in the broker’s global journey. By establishing a base in Jordan, Exness not only highlights the country’s role as a strategic hub for financial services but also celebrates Amman as a cultural and economic center for the wider region.Speaking at the opening, Mohammad Amer, CEO of Exness Jordan, said: “This launch reflects our deep commitment to the Jordanian market and to traders across the region. With a regulated presence here in Amman, we are ensuring that local traders benefit from the highest standards of security, reliability, and trust.”The opening was commemorated with a two-day event that brought together Exness senior management, employees, partners, clients, key industry people, media, and influencers. The celebrations culminated in a gala dinner for 120 distinguished guests, marking the beginning of a new chapter in Exness’ regional journey.Artem Seledtsov, Chief Business Development Officer at Exness Group, added: “Securing our Jordan Securities Commission license and opening our Amman office are more than just milestones. They reflect our long-term vision to be part of the region’s future and to deliver world-class trading conditions backed by transparency and innovation.”With this expansion, Exness reinforces its position as the leading regulated broker in Jordan, distinguishing itself from unlicensed companies and setting new market standards. The move underlines the company’s mission to provide traders with unparalleled transparency, superior trading conditions, and safeguards that allow them to stay in control.About ExnessFounded in 2008, Exness is a global multi-asset broker committed to offering better-than-market conditions to traders. Today, Exness is trusted by a global network of active traders. With a focus on transparency, innovation, and long-term partnerships, Exness delivers stability, precise execution, and instant withdrawal processing, setting the benchmark for reliability in the online trading industry This article was written by FM Contributors at www.financemagnates.com.

For the first time since the 1980s, silver is trading at dizzying highs and gold’s leap reinforces the metals party, but is it sustainable?Silver’s Grand Return to the SpotlightIt’s official: silver has reclaimed a crown last worn in the 1980s. Prices recently pushed above $50 per ounce, marking the highest levels in roughly four decades. In terms of metals, silver is up.Silver retests the $50 level, asPlatinum tumbles $SLV $PLAT pic.twitter.com/JotyNXqciN— Veteran Market Timer (@3Xtraders) October 10, 2025To put that in perspective: back in January 2025, silver was selling for around $28.92 per ounce. That’s a percentage gain of around 73% in under a year. Many investors who jumped in earlier this year are now grinning.Why so dramatic? That’s the job of macro forces. Inflation pressures, potential changes to the federal funds rate, and global volatility are all contributing to a surge in demand for so-called “hard assets.” Add in the fact that some feel priced out of gold and want a cheaper alternative, and silver becomes alluring.What Investors Should KnowSilver is volatile. Yes, it’s up massively, but it can’t escape its mercurial roots if you’ll pardon the pun. You’ll see intraday moves, and leverage or margin exposure will magnify that. The fact that it’s now trading at “only $50-ish” doesn’t mean small bets won’t sting.Silver Prices jump above $70 a troy-ounce in Canada ?? pic.twitter.com/ebSZfN3sPw— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) October 10, 2025The entry point is now expensive. A few months ago, you could access silver at much lower levels. Today, the entry cost has jumped. The days of speculative “cheap metal” plays are fading newcomers may feel the burn quicker.Some analysts point to tightness in the silver lease and lending markets, and rising ETF inflows, as fuel for the rise. The lesson is that the plumbing behind how silver is financed and lent matters a lot. If supply constraints build, the upside remains plausible, but if they ease, we could see sharp reversals.In general, precious metals shouldn’t replace income-generating assets like stocks or bonds in a portfolio. They can be complementary, but with risks. As a rule of thumb, many analysts suggest a cap of between 10-15%.Gold Goes Nuclear: $4,000+ and CountingSilver’s historic surge is big news, but gold isn’t doing too badly either. On October 8, 2025, gold broke past $4,000 per ounce for the first time ever. Spot gold hit roughly $4,050.24 in the spot market, with futures pushing past $4,070.5.Prices have doubled in less than two years as central banks stockpile bullion and investors pour in to gold funds https://t.co/AMV4dLAtZA pic.twitter.com/KLiorwSK7Y— Financial Times (@FT) October 8, 2025That kind of move is not just symbolic; it reflects the intensity of the rush into so-called “flight-to-safety” assets. Factors supporting it include: · Expectation of Fed rate cuts· Geopolitical and economic uncertainty· Heavy inflows into gold-backed ETFs and central bank accumulationWill the Surge Last?Here’s where the smart (and cynical) investor raises an eyebrow.· Rate cuts are not guaranteed, if inflation surprises to the upside or central banks get hawkish again, the metals could slip.· Profit taking will happen. At these levels, some participants will lock in gains, injecting short-term volatility.· Correlation risks: If equities or bonds start reasserting dominance, capital may flow out of metals fast.· Mechanical constraints (storage, lending, ETF flows) can work both ways.In short: this is no sure path to riches. But for those who time it well, precious metals may yet deliver.Final WordSilver’s breakout to its highest in forty years feels like more than a flash in the pan. Coupled with gold’s historic breach of $4,000, we’re seeing a real pressure test of the safe-haven thesis.That said: Use caution. The metals party is happening, but the cleanup afterward is brutal for the unprepared.For more stories making waves in trading, finance and fintech, visit our dedicated archives. This article was written by Louis Parks at www.financemagnates.com.

Hargreaves Lansdown, the biggest retail investment platform in the United Kingdom, warned against crypto investments, stating, “Bitcoin is not an asset class.” The caution came after the country’s regulator lifted restrictions on retail access to crypto exchange-traded notes (ETNs).Digital assets meet tradfi in London at the FMLS25.“We Do Not Think Cryptocurrency… Helps Clients Meet Their Financial Goals.”“The HL Investment view is that Bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income, and it shouldn’t be relied upon to help clients meet their financial goals,” Hargreaves Lansdown noted in a statement.“Performance assumptions are not possible to analyse for crypto, and unlike other alternative asset classes, it has no intrinsic value.”The warning also came a few days after Bitcoin tested a new peak value above $125,000. Although the cryptocurrency corrected, sentiment towards it remained positive.Hargreaves Lansdown Will Offer CryptoDespite the warning, Hargreaves Lansdown will offer crypto ETNs to its clients, but with restrictions. It is planning to introduce the products “early next year.”“Clients will have to undertake an appropriateness assessment before being allowed to invest,” the investment platform noted. “In some cases, the amount that retail investors can invest in RMMIs will be restricted to 10% of their total investment portfolio.”Hargreaves Lansdown had over 2 million active clients at the end of June 2025, adding about 136,000 new clients in the ongoing year.The platform has £172.7 billion in assets under administration, which includes the £6 billion it received in new funding this year. It also has a 91.5 per cent client retention rate.Interestingly, the platform also offered its clients access to four crypto ETNs listed on the Stockholm Stock Exchange before the Financial Conduct Authority (FCA) banned retail access in January 2020.However, the new rules came into effect on 8 October, allowing UK platforms to offer crypto ETNs traded only on UK-based stock exchanges.Hargreaves Lansdown is not the only platform that takes a critical view of crypto while offering it.Earlier, JPMorgan CEO Jamie Dimon compared Bitcoin to Ponzi schemes, but his bank now offers crypto-related services for both consumers and institutions, though access and features vary by region and product.In the United States, a partnership with Coinbase enables Chase customers to buy crypto using Chase credit cards, link bank accounts directly to Coinbase, and convert Ultimate Rewards points to USDC, with card purchases slated for autumn 2025 and rewards conversions beginning in 2026. This article was written by Arnab Shome at www.financemagnates.com.

October 2025: OneRoyal is proud to announce its official sponsorship of the Oman Bangladeshi Students Football Tournament 2025, a dynamic community event bringing together students, sports, and cultural celebration in the heart of Muscat. The tournament took place on 2 October 2025 at the Al Amrat Football Field, and ran from 8:00 PM to 2:00 AM, it featured 8 competing teams and had around 80 guests in attendance.As part of our growing commitment to Corporate Social Responsibility (CSR) in Oman, OneRoyal is contributing 500 OMR (approx. USD 1,300) to support the success of this student-led tournament. This sponsorship aims to empower the local Bangladeshi student community and reinforce OneRoyal’s role as a socially responsible organization in the region.“We believe in backing communities where we do business,” said Syed Tanvir Ahmmed Regional Head of Business Development - SEA, at OneRoyal. “Sponsoring this tournament is more than just supporting football — it’s about investing in youth, unity, and positive cultural exchange.”This sponsorship is one of several initiatives OneRoyal is rolling out in Oman as part of a broader CSR strategy aimed at fostering youth empowerment, education, and community well-being.About OneRoyal:OneRoyal is a globally trusted financial services brand committed to excellence, innovation, and community impact. With a growing presence in the Middle East, OneRoyal remains dedicated to supporting meaningful local initiatives and creating shared value for clients and communities alike. This article was written by FM Contributors at www.financemagnates.com.

IntroductionTrading has always been about information and timing. Prices jump, news hits the screen, and charts don’t always tell a clear story. Even experienced traders can struggle to decide what matters right now. For beginners, it’s even harder.That’s why FBS built the AI Assistant directly into its app. It is designed to simplify complex analysis, highlight where opportunities could be forming, and give traders an extra layer of confidence in decision making. It is more than just another tool, it is a second pair of eyes powered by artificial intelligence that can help you move from uncertainty to clarity.What is the FBS AI Assistant?At its core, the FBS AI Assistant is an automated analytical tool that generates trading insights in seconds. Instead of spending hours maneuvering between indicators, you can request a chart analysis with a single tap and receive a structured report in less than 15 seconds.Here is what you get:Quick market reports: analysis of the chosen chart, including trend detection and potential price movements.Trading ideas: suggestions with entry points, stop levels, and take-profits that you can place directly from the report.Daily access: 5 free reports every day for all users, and up to 15 reports if your account balance is above $20.Real-time execution: if you like one of the suggested setups, hit Place Order and open the position instantly.Each report is unique to the chart and timeframe you analyze. The system always keeps only the most recent analysis, so you are working with up-to-date insights rather than outdated signals. Importantly, FBS emphasizes that the Assistant does not provide financial advice — it supports your strategy, not replaces it.How to use it in practiceGetting started takes less than a minute:1. Open the chart of the instrument you want to analyze — for example it XAUUSD, EURUSD, or an index.2. Add 3+ indicators to the chart for better data. For example RSI, MA, EMA Cross.3. Tap the AI Assistant icon on the chart.4. You will see how many reports you have left for the day. Tap Analyze chart.5. Wait a few seconds. The Assistant processes market data and generates the report.6. Review the results: trend summary, indicators, candlestick and price patterns, and signals.7. After you review everything, you can choose a trade idea that fits you the best.8. If one idea fits your strategy, press Set up order to open the position instantlyDo not stop at one timeframe. Check multiple time horizons — sometimes an intraday signal looks strong, but the bigger picture shows the opposite.Why this tool mattersThe value of the FBS AI Assistant is not just in speed, but in how it changes the trading process. Let’s break it down:1. Speed of analysisMarkets move quickly, and hesitation can cost money. With AI, you get an immediate overview of signals and patterns. That means less time guessing and more time acting.2. Clarity in the noiseInstead of scrolling through multiple indicators, the Assistant delivers a clean, readable interpretation. It is like having a simplified briefing note rather than a messy spreadsheet.3. Ideas when you need themThe hardest part of trading is often deciding what to do next. The Assistant provides ready-to-use setups, offering direction when your own analysis stalls.4. Fewer emotional mistakesHumans are emotional; algorithms are not. The Assistant keeps the process disciplined, helping you avoid impulsive trades or revenge trading.5. Institutional-grade tools for everyoneAI analysis was once a luxury of hedge funds and institutional desks. With FBS, retail traders can now use similar tools directly from a smartphone.It does not replace your thinking, but it amplifies your decision making.Can this really help you earn?Convenience is nice, but what most traders really ask is: does this help me make money? No tool can guarantee profits—but the FBS AI Assistant can directly influence the factors that decide whether you end up winning or losing.Turning consistency into profit: Structured reports force you to trade with discipline rather than on impulse.Time efficiency: You spend less time analyzing and more time executing.Protecting against bad trades: Instead of relying only on your gut feeling, you check against an objective algorithm.Reduced stress: With fewer decisions left to guesswork, the psychological load becomes lighter.Competitive edge: Most retail traders still trade without AI tools. Using one puts you ahead of the crowd.The Assistant will not trade for you, but it helps close the gap between beginner intuition and professional structure.Example use casesBeginner trader: You are learning and afraid of making mistakes. Instead of staring at charts, you run 5 free reports every day, compare AI’s ideas with your own notes, and slowly build confidence.Busy professional: You don’t have hours to trade. The Assistant delivers a summary in 10 seconds, so you can decide whether to place an order or skip.Experienced trader: You already have a strategy, but you use AI reports as a second opinion. If your setup matches AI’s suggestion, conviction increases. If not, you review why.FAQ: clearing the doubts“What if AI is wrong?” — That’s why you remain the decision maker. Treat AI as a partner, not a boss.“Will I get addicted to the tool?” — It is designed to support, not replace you. Using it correctly makes you more independent, not less.“Only 5 free reports a day?” — Enough for beginners to learn and test. With more funds in your account, the daily quota rises to 15.“If everyone uses it, won’t signals lose value?” — Edge in trading is not just signals. It’s discipline, timing, and execution. The Assistant helps with those too.ConclusionThe FBS AI Assistant is not a magic button that prints money. But it is a powerful ally: fast, structured, and accessible. Trading is hard, but with the AI partner it doesn’t have to feel impossible.Test it in your own trading, and you’ll notice how much easier it feels to stay confident. This article was written by FM Contributors at www.financemagnates.com.

Helena Jarabakova has announced that she has joined TradingView as part of its Business Development & Partnerships team for the Americas. She shared the update on LinkedIn, stating that she will focus on expanding partnerships with exchanges, brokers, and fintech companies across the region.Former CME Director Joins TradingViewPrior to this role, Jarabakova spent over four years at CME Group in London. Her most recent position was Senior Director, Global Channel Partnerships, Retail, which she held for just over a year. Join IG, CMC, and Robinhood in London’s leading trading industry event!In that role, she led strategic growth initiatives to accelerate retail trading through partnerships with financial news outlets, trading platforms, and technology providers.Before that, she served as Director, Global Institutional Marketing in New York and London for six years.“I'm immensely grateful for the journey of growth, impact, and learning, and I'm particularly proud of the work we delivered to enable tremendous growth in retail trading, Jarabakova, commented on her CME tenure. Former GFI Marketing Head Joins IndustryJarabakova began her post-trade marketing career as Senior Director, Post-Trade Technology Marketing at OSTTRA in London, which she held for over two years.Before her tenure at CME Group, Jarabakova spent over ten years at GFI Group, including six years as VP, Global Head of Marketing in London and New York. In this role, she led the global repositioning of the GFI and Fenics brands, developing and executing unified marketing strategies across multiple regions and business lines.She oversaw product marketing, customer acquisition, and engagement initiatives, launching go-to-market campaigns for trading and analytics products in FX, credit, and interest rate derivatives. Her work included account-based programs, lead generation, and events to support commercial objectives. Earlier, she served as Marketing Manager in London for four years, executing integrated marketing strategies for fixed income trading and risk management tools. This article was written by Tareq Sikder at www.financemagnates.com.

Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates. The license allows Bybit to operate regulated virtual asset trading, brokerage, custody, and fiat conversion services in the country.According to Bybit, it is the first crypto exchange to receive this full license from the SCA. The license follows the exchange’s In-Principle Approval received in February 2025, which was granted with support from the Blockchain Centre, Abu Dhabi.Bybit Plans Abu Dhabi, Dubai ExpansionThe SCA license follows Bybit’s regulatory developments in 2025, including obtaining a MiCAR license in May and resuming full trading operations in India in September.Digital assets meet tradfi in London at the fmls25Bybit plans to expand its UAE presence by opening a larger regional operations center in Abu Dhabi. The exchange aims to employ more than 500 staff across Abu Dhabi and Dubai. It also plans to hire for compliance, operations, and customer service roles and introduce education and Web3 programs with local partners.“The UAE has emerged as a global leader in digital asset regulation, and this recognition underscores the strength of our security and governance standards,” Ben Zhou, Co-founder and CEO of Bybit, commented.History made in the UAE ??Bybit becomes the first crypto exchange licensed by the UAE Securities and Commodities Authority (SCA) - a historic milestone that cements the UAE’s place at the center of global blockchain regulation.A new benchmark for security, transparency, and… pic.twitter.com/rV4c94BYqf— The Blockchain Center in Abu Dhabi (@adbc_ae) October 9, 2025Bybit Expands TradFi Platform with 24/5 Stock CFDsBybit has introduced 24/5 stock CFD trading on its TradFi platform, allowing users to access selected equities continuously on weekdays. The expansion removes previous limitations tied to U.S. market hours and aligns trading hours more closely with crypto markets. Since May 2025, the platform has reportedly added over 100 stock CFDs, including major technology and crypto-related companies. Existing positions and fees remain unchanged, and the firm is temporarily waiving transaction fees on selected stocks and indices. Bybit describes the update as enabling access to traditional financial products alongside its crypto offerings. This article was written by Tareq Sikder at www.financemagnates.com.

Interactive Brokers, a global electronic broker, has added new features to its professional tax planning toolkit. The firm launched Tax Planner, available through PortfolioAnalyst, its portfolio management platform. According to the firm, the tool works with existing tax-lot matching and tax loss harvesting features, aiming to give investors more control over the tax impact of their investments.PortfolioAnalyst Adds Tax and Budget FeaturesTax Planner allows users to create personal tax profiles using inputs such as income from other sources, deductions, withholdings, and tax rates. The tool combines this information with account activity to estimate tax bills and support year-round tax planning. Join IG, CMC, and Robinhood in London’s leading trading industry event!PortfolioAnalyst consolidates accounts from multiple institutions, tracks performance, and offers tools to analyze portfolios and plan for the future. Other features include Allocation Goals, a Retirement Planner, and a Budgeting Tool.Investors Can Manage LossesInteractive Brokers also continues to offer tax optimization features. These include tools for identifying losses across portfolios and matching trades with specific lots, supporting tax loss harvesting and management of capital gains and losses.Key features of the new toolkit include planning investment income alongside other taxable income, estimating total year-end taxes, identifying tax loss opportunities, previewing gains or losses before trades, and optimizing tax-lot matching.Interactive Brokers Reports September TradingIn September, Interactive Brokers reported accelerated activity across trading and financial metrics. Daily revenue trades averaged 3.86 million, up 47% year-on-year, while client equity reached $757.5 billion, marking a 40% annual increase. Margin loans rose to $77.3 billion, reflecting higher leveraged positions. Total client accounts climbed to 4.13 million, with net growth of 73,100 after adjustments for broker withdrawals. Average trades per client remained steady at 203. Commissions averaged $2.71 per cleared order, and trading costs were roughly 1.8 basis points per U.S. Reg-NMS stock trade. A $195,000 mark-to-market loss on U.S. government securities was reported. This article was written by Tareq Sikder at www.financemagnates.com.

Get ready to make a stand in the online trading and fintech space: 8 - 15 October!Whether you’re a broker or fintech provider expanding into Asia-Pacific (APAC) or have been there a while but have not yet come face-to-face with what success looks like, the UF AWARDS APAC 2025 are the definition of success. The fact that the number of companies registering for the UF AWARDS APAC increased significantly compared to the previous edition is vivid proof.Defining industry standardsThe UF AWARDS APAC have set the standard for what quality should be in online trading services and fintech. As traders’ interest continues to shape the financial space, industry players respond with stronger and more innovative offerings year after year. This year, the competition was tighter than ever. From flagship trading technologies to AI-powered tools and multi-asset trading service offerings to liquidity solutions, the brands registering across the Brokers and B2B categories of the UF AWARDS APAC 2025 truly deserve a place among the region’s best. Voters from across the entire industry are called to the polls to validate those who they believe have the power to reshape APAC’s fintech and online trading space.Your vote counts. Between 8 and 15 October, you will have the chance to make things happen by voting for the company or companies that you believe deserve this kind of recognition. View all the award categories here.A few golden rulesStructured and shaped by the dynamic of Asia-Pacific’s brokerage and fintech sector, the UF AWARDS APAC have one sole purpose: to acknowledge and celebrate excellence. Every year, among the usual ‘Best’ suspects, new names emerge, proving that innovation can take many forms and can shape demand.The winners are vetted by industry peers and acknowledged as leaders in their field. The voting procedure is transparent and straightforward. Below is a breakdown of the steps you need to follow to be able to vote and play a part in the industry’s future:Register or log in: If you have not yet registered on the UF AWARDS APAC 2025 website, now is the time to do so. Take your pick: Once logged in, browse through the categories available and choose the brand you feel best deserves APAC-wide recognition.Cast your vote: Every vote matters, so make it count! You can vote in multiple award categories, but only once in each category. This ensures transparency and fairness across the entire voting process. Ready to vote? Voting commences on 8 October! The power of one voteNow that the nominees have been confirmed, the decision-making power shifts to the industry. Traders and business players in the FX and fintech sectors are called to the polls to express their opinion and support the brands they believe in. Some of the unique value propositions considered in the Brokers category include asset coverage, service transparency and high performance, customer support, partnership/IB programmes, execution, and pricing. Comparatively, in the B2B category, voters will consider liquidity, advanced white label and prop trading technology, payment solutions, AI-based fintech solutions and how they influence the course of the industry.Securing an UF Award does not come easy. The Awards are a huge nod to the efforts made by the participants and their active involvement in raising the bar, each in their respective sector. By positioning the winners as industry leaders, the accolades validate the most innovative and forward-thinking businesses in APAC, opening the door to opportunities at scale. Truly the industry’s most credible awardsOver the years, the UF AWARDS have established themselves as the industry’s most credible awards. From MEA to Asia-Pacific and worldwide, they serve as an indication for the highest standard of quality and commitment to innovation, identifying the best companies to trade and partner with. Your vote can help traders looking for a broker in APAC choose the best there ever is, and technology buyers get the most suitable solutions. Cast your vote before 15 October and give a winning chance to those who deserve it most! This article was written by FM Contributors at www.financemagnates.com.

A former Israeli intelligence official is asking a court to force Prime Minister Benjamin Netanyahu to turn over records of foreign bank accounts, cryptocurrency wallets, and overseas property as part of his defense against a $150,000 defamation lawsuit filed by the prime minister.But is it really possible to access such information, especially in the supposedly anonymous cryptocurrency market? Experts who spoke with FinanceMagnates.com say yes.Can Tax Authorities Really Track Netanyahu's CryptoDr. Udi Levi, who spent three decades with the Mossad, the National Security Council, and military intelligence, filed the legal response this week, calling Netanyahu's suit a tactic to shut down public questions about possible financial ties to Qatar. The court filing asks for records of foreign bank accounts, cryptocurrency wallets, and overseas property owned by Netanyahu and his family.In his court filing, Levi said he's received reports of witnesses who claim to have seen cash deliveries to the Netanyahu family, both inside Israel and abroad. He said those accounts included allegations of foreign bank accounts, digital wallets, and real estate purchases made with money that was never declared.[#highlighted-links#] Levi wants the court to compel Netanyahu to produce verified bank statements, cryptocurrency records, and property purchase documents for himself and his family members.The demands arrive at a moment when tracking crypto has become far more realistic than most people assume. Isaac Joshua, CEO of Gems Launchpad, said once funds pass through centralized exchanges like Binance, Coinbase, or OKX, analytics tools such as Chainalysis and TRM Labs can connect blockchain activity to verified identities.“The offshore privacy era is ending,” Joshua said. “Israeli holders should expect greater scrutiny and may consider voluntary disclosure before global data-sharing becomes fully automatic.”Israel has committed to adopting the OECD's Crypto-Asset Reporting Framework, known as CARF, which will create a standardized system for collecting and exchanging data on cryptocurrency transactions between countries. Through OECD information-sharing frameworks and CARF, more than 50 countries will automatically exchange crypto account data from regulated exchanges starting in 2027.There is still a long way to go before that happens. For now, from a procedural or political standpoint, it may be considered impossible. However, current technological solutions suggest otherwise.Blockchain Leaves Permanent TrailThe technical reality of crypto tracking has shifted dramatically in recent years. Matthew Stern, CEO of CNC Intelligence, explained to FinanceMagnates.com that the blockchain is an immutable ledger, which means even if it takes authorities time to catch up, the trail doesn't disappear.“Wallets can often be tied back to real identities,” Stern said. Analytics tools have become far more advanced, some even tracking cash-for-crypto schemes. “With governments and private players teaming up against money laundering and terror financing, Israeli traders should expect their overseas accounts to be within reach of tax authorities.”Levi wants the court to compel Netanyahu to produce verified bank statements, cryptocurrency records, and property purchase documents for himself and his family members. He also requested information on political campaign funding received by Netanyahu and his parties in the 2012 and 2018 elections.Stern’s view is echoed by Nathan Bekerman, Head of Product at Station70. Even if the funds were held in self-custodian wallets and not directly linked to any identity, “most blockchains are actually highly transparent, not private,” he said.“Every transaction is recorded on a public ledger, which means with the right analytics tools, tracing funds is often easier than hiding them,” Bekerman addedQatar Bribery Probe ContinuesThe demands come as Israeli law enforcement continues to investigate what's been called “Qatargate,” a scandal in which close aides to Netanyahu are accused of taking money from Qatar to promote Doha's interests in Israeli media. Two of Netanyahu's top advisers were arrested in connection with the probe, and court documents suggest they're suspected of accepting bribes and coordinating messages to journalists that portrayed Qatar favorably while downplaying Egypt's role in ceasefire negotiations.Netanyahu denied all of the allegations through his attorney Uriel Nizri, who called Levi's comments “sick and insane” and accused political opponents of spreading lies to bring down a sitting prime minister during wartime. The prime minister claimed Levi used his security background to give false legitimacy to what he called baseless conspiracy theories.Levi argued that Netanyahu, as a public figure, isn't immune from public scrutiny, particularly when there are credible questions about financial conduct. The former intelligence official said the radio interview was a good-faith call for transparency, not libel. This article was written by Damian Chmiel at www.financemagnates.com.

Exness Group opened its first regional office in Amman after obtaining a license from the Jordan Securities Commission (JSC), the company announced today (Thursday). The move places another international broker in a market where, until recently, the regulation of foreign exchange trading remained limited.Exness Secures Jordan Authorization, Launches First MENA HubIn a press release sent to FinanceMagnates.com, Exness emphasized that its Jordan branch is intended to strengthen the company’s presence in the Middle East and North Africa (MENA) region. The country’s capital, with a population of 2.4 million, was described as the ideal location for this purpose.“This launch reflects our deep commitment to the Jordanian market and to traders across the region,” said Mohammad Amer, CEO of Exness Jordan. “With a regulated presence here in Amman, we are ensuring that local traders benefit from the highest standards of security, reliability, and trust.”Exness held a two-day event to mark the opening, culminating in a dinner for 120 attendees including company executives, partners, and media. From now on, The Amman office will serve as the company's MENA regional base.And the competition in the region is growing rapidly. This should come as no surprise, given the results, including trading volumes and revenues.Jordan and the MENA Region Becoming Increasingly Attractive for BrokersA month ago, Capital.com reported its financial results for the first half of 2025, showing that more than half of its trading volume came from the MENA region. Trading activity during the six-month period exceeded $800 billion (compared with $224 billion in Europe), marking a 54% increase compared with the second half of 2024.Interestingly, these results were achieved with only about 35,000 traders in the region, half as many as in Europe, yet they opened more and higher-value positions.Tickmill also reported record volumes in the MENA region last year, up 54% to $135 billion.As for Jordan, the local market has recently attracted several major players, including ICM.com and Windsor Brokers, while CFI Group has maintained a strong position there for years.13 Regulated EntitiesThe company registered its Jordanian entity, Exness Limited Jordan Ltd, with the Companies Control Department under registration number 51905. The broker, however, has not disclosed the size of its Amman office or local headcount. Exness Group operates 13 regulated offices globally with more than 2,000 employees. The broker, which was founded in 2008, claims over one million active traders globally across its various regulated entities.The JSC authorization joins Exness's existing licenses from regulators including the Financial Services Authority in Seychelles, the Central Bank of Curaçao and Sint Maarten, and European authorities in Cyprus, Spain, and Germany. The company operates different entities under separate regulatory frameworks depending on jurisdiction. This article was written by Damian Chmiel at www.financemagnates.com.

Exness, the global multi-asset broker, was recognized as the “Most Client-Oriented Broker” at Forex Expo Dubai 2025, which took place from 6–7 October 2025 at the Dubai World Trade Center. The award underscores Exness’ reputation for transparency, reliability, and a client-first approach, reinforcing its role as a global leader in multi-asset trading.Attended by tens of thousands of professionals, brokers, fintech companies, and investors from around the world; Forex Expo Dubai is widely regarded as one of the most prestigious gatherings in global finance. As an Elite Sponsor, Exness played an active role across the two-day event, showcasing its better-than-market trading conditions and engaging with global traders and partners.Exness leaders also contributed to some of the Expo’s most anticipated discussions.Alfonso Cardalda, CMO, spoke in the headline panel: Global Visionaries: Forex Without Borders: Attracting the Next Billion Traders.Wael Makarem, Financial Markets Strategists Lead, participated in two forward-looking discussions: AI in Market Sentiments and News Analysis, and AI-Powered Forex Trading–Tools and Strategies.These sessions underlined Exness’ thought leadership and its commitment to shaping conversations about the future of trading.“Being named ‘Most Client-oriented Broker’ is a powerful validation of what we stand for,” said Mohammad Amer, Exness Jordan CEO. “Our mission has always been to create an environment where traders feel secure, confident, and supported. This award confirms that our focus on transparency, stability, and reliability is recognized globally.”“But recognition is not the end goal,” Amer added. “The real measure of success is how consistently we listen to our clients and adapt to their needs. Dubai has shown us once again the importance of staying connected with global traders and partners, and we are more motivated than ever to keep raising the bar.”About ExnessFounded in 2008, Exness is a global multi-asset broker that uses a unique combination of technology and ethics to create a favorable market for traders and raise the industry benchmark. Exness's ethos and vision focus on offering its clients a frictionless trading journey, where financial markets are brought to life in the way they should be experienced. This article was written by FM Contributors at www.financemagnates.com.

VT Marketshas successfully concluded its inaugural VT Market Dubai Week 2025, a curated event that combined client engagement, industry leaders sharing sessions, and exclusive experiences alongside its Elite sponsorship at Forex Expo Dubai. The debut event highlighted the broker’s growth in the region and pushing forward into the future of trading.At Booth 57, VT Markets showcased a cutting-edge, tech-forward experience that captivated thousands of visitors. The booth was thoughtfully designed with sleek, modern aesthetics that reflected the brand’s commitment to innovation. Visitors were drawn to interactive displays and live demonstrations of the award-winning MetaTrader 4 and MetaTrader 5 platforms. The space was designed to encourage hands-on engagement, with dedicated stations where traders could explore platform features, receive personalized guidance, and experience the tools that drive their trading success. This dynamic environment reinforced VT Markets' vision of the future of trading - accessible, innovative, and client-focused. A keynote session on the future of AI, presented by Ross Maxwell, Global Strategy Operations Lead, drew strong attendance, offering traders practical insights on navigating today’s fast-moving markets.Ross Maxwell, Global Strategy Operations Lead at VT Markets, shared during his session: “The transformative power of AI is already reshaping the future of trading, particularly in how we forecast and respond to market dynamics. The real breakthrough comes when human expertise and AI intelligence work hand in hand to overcome traditional challenges. Those who embrace this synergy will remain ahead of the curve- AI is here to empower traders, not to replace them.”As part of its expansion strategy, VT Markets Dubai, operates under a Category 5 licence from the UAE Securities and Commodities Authority (SCA) The licence provides clients and partners with greater confidence in VT Markets’ long-term presence in the Middle East and reaffirms the company’s commitment to operating under the highest international standards.The week also featured a series of exclusive client experiences, including a yacht party around the marina, Gala dinner and panel discussion on the AI revolution & investment future in the UAE at the prestigious Armani Ballroom, and the official opening of the VT Markets' new Dubai office in the city’s Central Business District. These activities reflected VT Markets’ dedication to nurturing lasting relationships and creating memorable opportunities for its global client base.With VT Markets Dubai Week 2025 setting a strong precedent, VT Markets is poised to deepen its regional footprint, strengthen its partnerships, and continue redefining the standards of client engagement in the financial services industry. This article was written by FM Contributors at www.financemagnates.com.

9 October, Sydney, Australia - VT Markets, a leading multi-asset broker, announced plans to introduce an AI-powered growth strategy designed to elevate trading performance, strengthen client protection, and transform user experience. The strategy was revealed during the high-profile VT Markets Dubai Week Gala Night that brought together industry leaders, partners, and traders.As financial markets become increasingly complex, VT Markets’ upcoming AI integration aims to address key challenges for retail traders, including decision-making, risk management, and education. More than a technological upgrade, the strategy underscores the company’s long-term commitment to its clients and the industry.Ross Maxwell, Global Strategy Operations Lead shared: “We’re harnessing AI to deliver sharper insights, faster execution, and smarter support - helping traders navigate market dynamics with confidence, while staying true to the trust and transparency our brand is built on." He added: “We’re also using AI to boost internal efficiency and productivity so we can deliver products and services at the highest standards."Upcoming Tech and AI-Powered InnovationsOne-Tap Trading: Streamlined trading actions such as deposits, withdrawals, and trade entries/exits, optimized by AI for speed and ease.AI Trading Assistant: Consolidates market trends, news, and data into personalized insights for informed decision-making.Automated Loyalty Program: Tracks client activity and automatically rewards engagement and referrals to customer satisfaction.Real-Time Risk & Compliance Monitoring: Monitors market exposure, leverage, and anomalies, offering real-time alerts and automated adjustments to ensure client safety.Digital Finance Ecosystem: A unified ecosystem for managing assets, offering features such as seamless top-ups, withdrawals, and real-time conversions between currencies and cryptocurrencies. Powered by AI, it enhances efficiency and security, integrating everyday transactions via digital wallets and cards to cater to local and global payment needs24/7 AI Support: Round-the-clock AI-powered support provides real-time, multilingual assistance, ensuring a smooth trading experience. As the financial landscape continues to evolve, VT Markets’ AI strategy reinforces its position as an industry leader, combining innovation with its legacy of trust as it enters a new era of smarter, more empowering trading experiences. This article was written by FM Contributors at www.financemagnates.com.

CMC Markets announced today (Thursday) that it has completed the private placement of a shareholding in the UK using distributed ledger technology (DLT), or in other words, it has tokenised stocks.Join IG, CMC, and Robinhood in London’s leading trading industry event!A Proof of Concept for the BrokerThe broker highlighted that the stock tokenisation has been implemented as a proof of concept. It further emphasised that such tokenisation can be used with existing UK client asset rules to move securities between investors safely.Its corporate broking arm, CMC CapX, facilitated the placement of the hybrid shareholding, while StrikeX acted for the issuer to create the mirror token, reflecting the shareholding, on the Arbitrum Layer 2 blockchain.Read more: Tokenised Stocks Are Here, but Do They Really Bring Added Value over CFDs?“This project is a significant step in our digital strategy,” said Laurence Booth, Global Head of Capital Markets at CMC Markets.“With StrikeX, we are embarking on a plan to tokenise securities and derivatives markets so that investors can trade 24/7. This collaboration between CMC CapX and StrikeX demonstrates the possibilities for services we can offer to issuers and professional investors. We will go further and create marketplaces that leverage the new technology and open new opportunities for investors as well.”The entry of the London-listed firm into the tokenisation space did not come as a surprise, as FinanceMagnates.com reported earlier on its intentions to launch the now-trending tokenised stocks.CMC Jumps into a TrendThe pilot came at a time when stock tokenisation is gaining popularity globally. While Robinhood is the most prominent mainstream broker to launch tokenised stocks in its non-US markets, several crypto exchanges have also joined the race.Coinbase is even seeking approval to launch tokenised stocks in the US.CMC Markets launched CMC CapX, its capital markets platform, in 2022. It offers investors access to capital raisings, including IPOs and secondary placings. The platform also connects buyers and sellers with a range of unlisted investment opportunities.Meanwhile, CMC took an initial stake in StrikeX in mid-2023, marking its move into blockchain technology. In May this year, it increased its stake from 33 per cent to a majority 51 per cent, gaining control over StrikeX’s technology and product direction.Notably, the increased stake came after CMC wrote off its initial £2.8 million investment as unrecoverable.“This marks a key step forward, moving from internal testing to real-world execution,” said Joe Jowett, CEO of StrikeX, on the latest tokenisation pilot.“Our tokenisation engine has now been proven live in a Tier 1 regulated environment. While tokenisation is being trialled in many contexts, achieving it at this level with an established TradFi institution demonstrates readiness for large-scale adoption and provides a strong foundation for broader rollout.” This article was written by Arnab Shome at www.financemagnates.com.

The price of gold breached the $4,000-per-ounce threshold for the first time this week, marking another stunning milestone in a three-year rally that has demolished analytical models and converted longtime skeptics. The precious metal closed at $4,042.03 after hitting an intraday peak of $4,059.31, extending gains that have made it one of 2025's best-performing assets with a 52% year-to-date surge.The rally accelerated as the U.S. government shutdown entered its seventh day, delaying critical economic data releases and amplifying uncertainty across financial markets. Spot gold has now climbed more than 50% since January while the dollar index dropped 10%, creating conditions that independent metals trader Tai Wong says could push prices toward $5,000.Why Gold Price Is Going Up? Western Money Floods Back Into GoldWestern investors poured $64 billion into gold ETFs through September, with the month alone recording a record $17.3 billion, nearly double the previous monthly high set during the 2020 pandemic panic.U.S.-based funds captured $35 billion of these flows, surpassing the entire pandemic year of 2020 when gold ETFs attracted $29 billion. September's inflows represented the largest monthly gain in ETF history, capping the strongest quarter on record at $26 billion. Holdings across global gold ETFs reached 3,692 tonnes by August's end, the highest monthly close since July 2022 and just 6% below the all-time record of 3,929 tonnes.Goldman Sachs raised its December 2026 price target to $4,900 per ounce from $4,300, citing sustained ETF demand and likely central bank purchases. The bank expects Western ETF holdings to climb as the Federal Reserve cuts rates by 100 basis points through mid-2026, historically a powerful tailwind for bullion.Central Banks Stack Gold at Unprecedented PaceCentral banks emerged as the dominant force behind gold's ascent, accumulating over 1,000 tonnes annually since 2022, more than double the 2016-2021 average of 457 tonnes. The buying spree reflects strategic diversification away from dollar assets following Russia's 2022 invasion of Ukraine and subsequent Western sanctions.Key drivers behind central bank accumulation include:Reserve diversification away from U.S. Treasuries and dollar-denominated assetsProtection against potential asset freezes and geopolitical sanctionsHedge against mounting sovereign debt concerns and fiscal instabilityInflation protection as consumer prices remain above central bank targetsAugust saw net additions of 15 tonnes to global reserves, with Kazakhstan's central bank leading purchases. Poland remained 2025's largest buyer year-to-date, even reaffirming its commitment by raising its gold target allocation. Gold's market value in central bank reserves has now almost certainly surpassed holdings of non-U.S. Treasuries, while overtaking the euro as the second-largest reserve asset earlier this year.World Gold Council data shows 44% of central banks actively manage their gold reserves in 2025, up from 37% the prior year. Survey respondents cite reserve diversification, inflation protection, and geopolitical security as primary motivations.China Steps Back as West Steps InChinese gold demand drove much of 2024's 27% gain and the rally's first four months, visible in the "Shanghai premium", the spread between London benchmark prices and Chinese exchanges. But Chinese prices slipped below the benchmark in recent months even as gold hit new highs, signaling Western investors took over as the primary force.The shift occurred as trade tensions escalated under President Trump's tariff policies, roiling global markets and unleashing safe-haven buying in China through April. India's Reserve Bank also curtailed purchases, buying just 3.8 tonnes through August compared to 45.4 tonnes during the same 2024 period.Multiple Tailwinds Converge on GoldThe dollar's 10% year-to-date decline made gold cheaper for international buyers while reducing opportunity costs for holding non-yielding assets. Inflation remains elevated at 2.9%, above the Federal Reserve's 2% target, sustaining gold's appeal as a purchasing power hedge.Geopolitical tensions across the Middle East and Ukraine continue fueling safe-haven demand, with energy market disruptions creating inflation risks that further support bullion. The U.S. government shutdown compounded uncertainty by delaying employment reports and other data crucial for Fed decisions.Ray Dalio advised investors at the Greenwich Economic Forum to allocate "approximately 15% of your portfolio to gold," calling it "the one asset that performs well when the usual components of your portfolio decline". Bank of America cautioned clients about potential "uptrend exhaustion" and consolidation near $4,000, though the warning came before gold powered through the level.Breaking Every Record in the BookGold eclipsed its inflation-adjusted peak set 45 years ago when prices topped $850 in January 1980. That high came as the U.S. battled currency collapse, spiking inflation, and recession following President Carter's freeze on Iranian assets during the hostage crisis. Analysts see faint echoes of those conditions today in Trump's trade policies, Fed independence concerns, and persistent inflation.The rally's magnitude has benefited the U.S. government itself, with official holdings surpassing $1 trillion in market value last month, over 90 times what appears on federal balance sheets. This windfall dwarfs the stated book value established when the Treasury valued gold at $42.22 per ounce.Gold Price Predictions: Wall Street's Updated ForecastsMajor investment banks dramatically revised their gold outlooks as prices shattered previous targets. The table below shows how rapidly analyst expectations have shifted upward:Goldman Sachs leads with the most aggressive forecast, projecting $4,900 by December 2026, a 23% increase from current levels. The bank expects emerging market central banks to average 80 tonnes of purchases in 2025 and 70 tonnes in 2026, contributing roughly 19 percentage points to the expected price gain.Deutsche Bank raised its 2026 average forecast to $4,000 per ounce from $3,700, citing official demand running at double the 10-year average and recycled gold supply coming in 4% lower than expected. HSBC also lifted its 2027 forecast to $3,600 from $2,925 and introduced a 2028 forecast of $3,330.Technical Levels Point Higher Despite Overbought SignalsAccording to my technical analysis, gold's 14-day Relative Strength Index reached 78.4 in mid-April, entering overbought territory for the first time since 2020's pandemic surge. Fibonacci retracement analysis suggests resistance near $3,250, though gold blasted through that level weeks ago. Support now sits at $3,930, $3,900, and $3,860, with resistance at $3,980, $4,020, and $4,070.Moreover, the volume patterns show institutional rather than speculative participation, suggesting sustained momentum despite extreme readings. COMEX futures open interest declined 12% during recent price spikes, potentially signaling distribution, though ETF inflows contradict this bearish interpretation.What's Driving Gold Prices Higher?Economic factors:Federal Reserve rate cuts totaling 100 basis points expected through mid-2026U.S. dollar weakness with 10% year-to-date decline against major currenciesPersistent inflation at 2.9%, above Fed's 2% target rateMounting U.S. fiscal concerns with debt approaching $36 trillionGeopolitical catalysts:Ongoing conflicts in Ukraine and Middle East fueling safe-haven demandU.S. government shutdown delaying economic data and policy decisionsTrump administration tariff policies creating trade war uncertaintyAsset seizure concerns following Western sanctions on RussiaStructural demand shifts:Central banks buying 1,000+ tonnes annually versus 457-tonne historical averageWestern ETF inflows totaling $64 billion year-to-dateDedollarization trend among emerging market central banksPortfolio diversification away from traditional 60/40 stock-bond allocationRisks Remain Despite Bullish SentimentGoldman Sachs acknowledges risks skew to the upside "because private sector diversification into the relatively small gold market may boost ETF holdings above our rates-implied estimate". The bank expects emerging market central banks to continue structural reserve diversification, averaging 80 tonnes in 2025 and 70 tonnes in 2026.Potential headwinds include lasting peace in Ukraine or the Middle East, though analysts say core drivers, massive debt, reserve diversification, and dollar weakness, won't shift soon. Better U.S. growth or Fed rate hikes due to inflation surprises could pressure gold, though market consensus leans toward continued easing.The put/call ratio for gold options climbed to 1.4 as net long futures contracts reached 287,000 in March, suggesting sophisticated investors hedge while maintaining core positions. Retail sentiment surveys show 42% consider gold "overvalued" above $3,000, compared to 18% at $2,500, potential fuel for further upside if skeptics capitulate.Gold ETF Holdings Surge But Room RemainsHoldings in bullion-backed exchange traded funds tell a story of renewed investor conviction. The table below shows how ETF positions have evolved:Holdings remain 6% below pandemic highs, suggesting substantial upside potential if buying continues. J.P. Morgan notes every 100 tonnes of net purchases by conviction buyers corresponds to a 1.7% rise in gold prices.Ole Hansen, commodities strategist at Saxo Bank, said the move above $4,000 "reflects a deeper shift in investor psychology and global capital flows". He added that "sanctions, asset seizures, and concerns about fiscal sustainability have nudged investors, both institutional and sovereign, toward tangible assets that sit outside the financial system".Gold's performance since 1979's similar rally suggests the bull market may have substantial room to run. Historical patterns show gold functions better as long-term inflation hedge than short-term tactical play, with correlation to inflation rising from 0.16 over five-year periods to 0.58 over twenty years.Whether gold consolidates near $4,000 or powers toward $5,000 depends on Fed policy, geopolitical developments, and whether the structural shift away from dollar assets accelerates. What's clear is that gold has reclaimed its position at the center of global monetary discussions after decades as an afterthought.Gold Price Analysis, FAQIs gold price expected to rise or drop?Gold is expected to continue rising based on consensus analyst forecasts. Goldman Sachs projects $4,900 by December 2026, while other major institutions including Deutsche Bank, UBS, and Commerzbank forecast targets between $4,200 and $4,300 over the same period. What will the price of gold be in 2025?Gold has already surpassed most 2025 forecasts by reaching $4,042 in October, well above the $3,400-$3,700 range predicted by major banks earlier this year. The current price represents a 52% gain year-to-date, making gold one of 2025's best-performing assets. Analysts now expect gold to average between $3,800 and $4,000 for the remainder of 2025, with potential spikes above $4,100 if Fed rate cuts accelerate or geopolitical tensions intensify. Will gold go to $5,000 an ounce?Yes, multiple analysts believe gold will reach $5,000, though timelines vary. Goldman Sachs sees potential for $5,000 if Federal Reserve independence comes under pressure and investors shift just 1% of the $57 trillion U.S. Treasury market into gold. Ed Yardeni predicts $5,000 by end of 2026 under current conditions, calling it the "next big round number" that markets will target. Will the price of gold go up in the next 5 years?Long-term forecasts through 2030 show strong consensus for continued gains. Analysts project gold reaching $4,500-$5,000 by 2027-2028 in medium-term scenarios, with potential to hit $5,150-$5,800 by 2030 under optimistic conditions. Ed Yardeni's most aggressive forecast sees $10,000 by 2030, implying 151% gains over five years, though this requires extreme scenarios including runaway inflation or severe geopolitical crises.You may also like: This article was written by Damian Chmiel at www.financemagnates.com.

Mitrade bought Fridah Asset Managers Pty Ltd, a South African firm regulated by the country's Financial Sector Conduct Authority (FSCA), and plans to rename it Mitrade Markets Pty Ltd. The deal gives the CFD broker its fifth license and opens up fresh territory across Africa, the Middle East (MENA) and Latin America (LATAM).Mitrade Buys South Africa Firm to Expand ReachThe company already operates under ASIC in Australia, CIMA in the Cayman Islands, FSC in Mauritius and CySEC in Cyprus. Trading in emerging regions has been picking up, according to FinanceMagnates.com data from Q2 2025, with the Middle East, North Africa and Latin America showing stronger retail participation and appetite for mobile-first platforms."In a volatile macroeconomic climate, building resilient infrastructure across licensed jurisdictions is how we scale sustainably," said Kevin Lai, Vice President of Mitrade. "This acquisition forms part of a broader strategy to promote inclusivity by expanding access to credible, regulated brokers across regions like LATAM and MENA, and to provide traders with intuitive trading experiences that meet them wherever they are."This is another acquisition we reported during Thursday’s session. Earlier, an investor group led by Marc Joppeck agreed to acquire Skilling.com, a European online brokerage, pending regulatory approval. The group already owns INFINOX.Recent Platform and Marketing InitiativesMitrade connects more than five million traders to over 800 instruments, including forex, indices, commodities, ETFs and shares. The broker has rolled out several updates this year to appeal to younger, mobile-first users and expand its regional footprint.In July, the company added Apple Pay and Google Pay for its Australian customers, responding to a shift in how Gen Z investors manage their money. Digital wallets now account for a substantial share of payment transactions in Australia, and mobile devices handle 56.6% of all trading activity. Also in July, Mitrade signed as the official regional CFD sponsor for Argentina's national football team, targeting Southeast Asia and Australia. The partnership, branded as the "Rise with Champions" campaign, leverages Argentina's popularity following its World Cup win. Earlier in March, Mitrade introduced paperless KYC verification through its EU entity. The system allows real-time identity checks and cuts administrative work. Mitrade EU also added Excess of Loss Insurance through Lloyd's of London to supplement existing protections for retail clients. This article was written by Damian Chmiel at www.financemagnates.com.