CySEC Withdraws CFD Provider Conotoxia Ltd Licence After Around One-Year Suspension

  • The regulator cited “governance, management, shareholder suitability, and organisational deficiencies.”
  • The firm must investigate and resolve all outstanding customer complaints.
Ajax Building, Nicosia, CySEC Headquarters, Source: Wikipedia

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Webull Adds Mutual Funds to IRAs as Retail Brokers Race to Own Retirement Dollars

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Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

Established in 2009, Finance Magnates is the leading online source for news, research, analysis and education in the financial services industry. With a primary focus on Online Trading, Fintech, Payments, and Cryptocurrency, we provide up-to-date insights and valuable resources to empower businesses and professionals worldwide. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/ 👍 Facebook: https://www.facebook.com/financemagnates/ 📸 Instagram: https://www.instagram.com/financemagnates_official/ 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: https://www.youtube.com/channel/UCaMiOoCIu0Lb_bEO_V2kI_g #financemagnates #FinancialIndustry #IndustryInsights #InvestmentInsights #MarketOpportunities #MarketAnalysis #TechnologyInFinance Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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    Industry Talks | Philip Huang | CRO, Orient Futures Singapore | FM Singapore Summit 2026

    Industry Talks | Philip Huang | CRO, Orient Futures Singapore | FM Singapore Summit 2026

    Here is our conversation with Philip Huang, Chief Risk Officer at Orient Futures Singapore, on navigating market volatility, modern risk management, and Singapore's growing role as a global liquidity hub. We begin by reflecting on the heightened volatility seen across commodities and energy markets in recent months. Philip shares how risk frameworks were stress-tested during periods of geopolitical uncertainty, why correlations breaking down is one of the toughest challenges for risk teams, and what stood out most to him was the composure and preparedness displayed by market participants throughout the turbulence. The discussion then turns to the evolving nature of risk management. Drawing on insights from a private industry roundtable, Philip explains why successful risk functions increasingly require a combination of quantitative expertise, technological understanding, and strong governance. We explore the growing role of AI, automation, and human oversight, and why effective risk management is becoming a multidisciplinary discipline rather than a collection of isolated specializations. We also examine Singapore's position in the global liquidity landscape. Philip discusses how the city-state has developed a distinct identity compared to other major financial centers, driven by institutional participation, regulatory stability, and a market structure that continues to attract sophisticated participants from across the region. Finally, we look ahead to the second half of the year and the challenges risk teams are preparing for. Philip shares how simulation exercises, stress-testing programs, and forward-looking risk indicators are becoming increasingly important as firms adapt to an environment where volatility remains the norm and resilience is a competitive advantage.

    Here is our conversation with Philip Huang, Chief Risk Officer at Orient Futures Singapore, on navigating market volatility, modern risk management, and Singapore's growing role as a global liquidity hub. We begin by reflecting on the heightened volatility seen across commodities and energy markets in recent months. Philip shares how risk frameworks were stress-tested during periods of geopolitical uncertainty, why correlations breaking down is one of the toughest challenges for risk teams, and what stood out most to him was the composure and preparedness displayed by market participants throughout the turbulence. The discussion then turns to the evolving nature of risk management. Drawing on insights from a private industry roundtable, Philip explains why successful risk functions increasingly require a combination of quantitative expertise, technological understanding, and strong governance. We explore the growing role of AI, automation, and human oversight, and why effective risk management is becoming a multidisciplinary discipline rather than a collection of isolated specializations. We also examine Singapore's position in the global liquidity landscape. Philip discusses how the city-state has developed a distinct identity compared to other major financial centers, driven by institutional participation, regulatory stability, and a market structure that continues to attract sophisticated participants from across the region. Finally, we look ahead to the second half of the year and the challenges risk teams are preparing for. Philip shares how simulation exercises, stress-testing programs, and forward-looking risk indicators are becoming increasingly important as firms adapt to an environment where volatility remains the norm and resilience is a competitive advantage.
  • Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Industry Talks | Vidushan Premathiratne | Founder, 8 Circle & TechLabs | FM Singapore Summit 2026

    Here is our conversation with Vidushan Premathiratne, Founder of 8 Circle and TechLabs, on startup growth, business development, AI opportunities, and the evolving digital asset ecosystem. We begin with Vidushan's work across both ventures, from participating in the Bank of England's digital securities and digital pound initiatives through TechLabs to helping businesses accelerate growth through curated introductions, investor connections, and strategic networking with Eight Circle. The discussion then turns to one of the most persistent challenges facing startups: go-to-market execution. Vidushan explains why customer acquisition remains harder than product development in the AI era, how founders can better identify decision-makers within target organizations, and why face-to-face interactions continue to outperform digital channels when it comes to building trust and closing deals. We also explore the opportunities emerging from AI and agentic workflows. Vidushan shares his perspective on where startups can still create meaningful value, from workflow automation and digital transformation to AI-powered research, customer acquisition, and localized solutions tailored to specific markets across Asia. Finally, we discuss stablecoins and digital asset adoption in the region. Vidushan outlines why cross-border payments and remittances remain one of the strongest use cases for stablecoin infrastructure, how regulatory and compliance challenges are being addressed, and why Singapore continues to position itself as a leading hub for innovation at the intersection of finance and technology.

    Here is our conversation with Vidushan Premathiratne, Founder of 8 Circle and TechLabs, on startup growth, business development, AI opportunities, and the evolving digital asset ecosystem. We begin with Vidushan's work across both ventures, from participating in the Bank of England's digital securities and digital pound initiatives through TechLabs to helping businesses accelerate growth through curated introductions, investor connections, and strategic networking with Eight Circle. The discussion then turns to one of the most persistent challenges facing startups: go-to-market execution. Vidushan explains why customer acquisition remains harder than product development in the AI era, how founders can better identify decision-makers within target organizations, and why face-to-face interactions continue to outperform digital channels when it comes to building trust and closing deals. We also explore the opportunities emerging from AI and agentic workflows. Vidushan shares his perspective on where startups can still create meaningful value, from workflow automation and digital transformation to AI-powered research, customer acquisition, and localized solutions tailored to specific markets across Asia. Finally, we discuss stablecoins and digital asset adoption in the region. Vidushan outlines why cross-border payments and remittances remain one of the strongest use cases for stablecoin infrastructure, how regulatory and compliance challenges are being addressed, and why Singapore continues to position itself as a leading hub for innovation at the intersection of finance and technology.
See all videos

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    MP Lisa Cameron

    Parliamentarian's view on Connecting with Industry

    ‘I'm delighted to be here it's great actually to be out of parliament for the morning but also to be linking with people who are on the front line of the fintech industry’
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Latest News

bears win

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025
stocks

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025
Zuckerber Meta

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering
Trump Warsh

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates

Trump: Would like to see lower interest rates
Crude oil traded

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431

Baker Hughes oil rig count up 2 to 431
BTC ETH SAND

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows

Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows
bears win

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025

US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025
stocks

NASDAQ on pace for its worst day day since April 10, 2025

NASDAQ on pace for its worst day day since April 10, 2025
Zuckerber Meta

Meta is considering raising tens of billion dollars in a stock offering

Meta is considering raising tens of billion dollars in a stock offering
Read all news

Technical Analysis

gold sinking

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is sinking with the US dollar rising and yields moving higher

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%

Gold is trading down $-143 or -3.20%
EURUSD

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

EURUSD continues the tumble lower

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046

Breaking below the 1.15768 level ignited further selling. The next target comes in at the April low at 1.15046
USDCHF

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

USDCHF breaking higher the price is breaking away from recent swing highs

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since

The USDCHF is following the USD to the upside. Trades at the highest level since
Stocks Sell Risk Off

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.

The S&P index is trying to stay above its rising 100 hour moving average, while the NASDAQ index is currently below that key moving average for the first time going back to early April.
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