The rules will ensure that the contents of the advertisement are not inaccurate or misleading, the insertion of mandatory risk statements, and the obligation to notify the FSMA of all advertisements to be used in a mass media campaign.
"From 17 May onwards, every new advertisement that is disseminated in connection with a distribution of virtual currencies to consumers has to comply with these rules, regardless of the channel used for the dissemination (social media, internet sites, physical medium)," the regulatory announcement stated.
Zondacrypto Secures Slovakia License
Estonia-based Zondacrypto (previously Zonda) announced that it had secured a digital asset services license in Slovakia, which will allow the company to offer crypto services.
"This expansion aligns perfectly with our vision of becoming a global leader in the EU crypto market. We're confident that entering this new market will not only present us with exciting business opportunities, but also allow us to bring our unique products and services to a more diverse range of customers," the company wrote in a Linkedin post.
In addition, Zondacrypto highlighted that while the Slovakian government doesn’t require crypto asset providers to operate with an official license, it will ensure that the company is compliant with anti-money laundering and terrorist financing rules.
FINMA Takes Actions against Crypto Platform
The Swiss Financial Market Supervisory Authority (FINMA) concluded its enforcement action against the Dohrnii Foundation and its Founder and former Managing Director, who ran crypto businesses without a license.
The Dohrnii Foundation and its Founder launched an initial coin offering (ICO) with promises of providing access to a learning platform and a marketplace where users can trade crypto services and products. The ICO received around 3 million euros from around 500 private individuals.
However, FINMA found that Dohrnii's platform was never operational, and the DHN tokens could never be used.
"The single judge sitting at the Cantonal Court of Zug opened bankruptcy proceedings against the Dohrnii Foundation as early as mid-March 2023 due to overindebtedness. The foundation is in the process of being dissolved," the regulator stated. "As a result, FINMA no longer needs to take any measures."
Libertex Expands Crypto CFDs Offering
Libertex, a retail brokerage, has added Arbitrum CFDs to enhance its offerings with cryptocurrency instruments. The broker offers more than 90 cryptocurrency trading instruments.
The addition of Arbitrum came when demand for the token is growing. It is a layer-2 scaling solution for Ethereum that runs its own blockchain, which offers faster transactions, lower fees, governance functionality, and other features.
"Arbitrum continues to add new features that make it an even bigger player in the crypto world. Traders now have a chance to join this project's exciting journey by trading Arbitrum CFDs with Libertex without needing to buy or hold the ARB token itself," the official announcement of Libertex added.
CLSA Premium Seeks to Resume Share Trading
Hong Kong-based CLSA Premium, which recently exited margin dealing, announced that it is taking necessary steps to resume the trading of its shares on the Hong Kong Stock Exchange as soon as possible.
The announcement came as the company received a letter from the stock exchange on 12 May, asking to meet two guidelines for resumption of trading.
"The Stock Exchange required the Company to meet all Resumption Guidance, remedy the substantive issues causing its trading suspension, and fully comply with the Listing Rules to the Stock Exchange’s satisfaction before trading in its securities is allowed to resume," the company's announcement stated. "For this purpose, the Company has the primary responsibility to devise its action plan for resumption."
"The Company is taking appropriate steps to resolve the issues causing its trading suspension and will seek to resume trading of its shares as soon as possible."
Public.com
Introduces AI Chatbot Alpha to Enhance Offering
Public.com,
a trading platform provider eyeing European expansion, has introduced an artificial intelligence
chatbot called Alpha, to enhance its clients’ trading experience. The chatbot
is powered by GPT-4, a large language model chatbot developed by OpenAI.
“With
Alpha, you can save time researching and tracking stocks, ETFs, crypto, and
alternative assets by receiving instant answers to your questions through a
natural language interface,” Public.com said in a Medium post published on
Wednesday.
The zero-commission
platform further explained that the chatbot can help its clients with everyday
investment-related activities, such as evaluating stock performance and outlook,
monitoring real-time market activity and comparing top movers of the day. It
can also retrieve important news articles and even summarize earning calls
almost immediately after they are held.
FXOpen Adds
HUF and CZK Currency Pairs to Meet Client Demand
FXOpen, a
retail forex and CFDs broker, has added two new currency pairs to its asset
pool. These are the Hungarian forint (HUF) and Czech Koruna (CZK), both of
which are paired with the US dollar and euro.
The broker
announced the addition on Wednesday, noting that it introduced the pairs to
meet its clients’ increased demands for the new pairs. The pairs can be traded
on MetaTrader 4 and 5 as well as TickTrader, the broker said.
Gary
Thomson, FXOpen’s UK Chief Operating Officer, pointed out that: “the Hungarian
forint has been increasing in value quite dramatically.”
“Since October
last year, the forint has been appreciating against the euro. In October 2022,
the forint was trading around 432 to the euro, whereas today it is trading at
372,” he further explained.
Euronext
Reappoints Stéphane Boujnah as Chairman/CEO
Stephane Boujnah, Chairman/CEO at Euronext
Stéphane Boujnah
has been reappointed as the Chairman of the Managing Board of Euronext, a
pan-European stock exchange group, extending his tenure to 2027. Additionally, he was re-elected as the CEO during the group’s Annual General Meeting, winning 98.21% of
the votes in his favour.
Boujnah
first became the Chairman and CEO in 2015 and contributed significantly to
increasing the stock exchange group’s operating performance and
diversification.
“He has
realized an ambitious expansion strategy to establish Euronext as Europe's
leading market infrastructure,” Euronext said in a statement released on
Wednesday. “As a result, Euronext now manages activities across the entire
capital markets value chain, operating under a highly scalable and diversified
model.”
The rules will ensure that the contents of the advertisement are not inaccurate or misleading, the insertion of mandatory risk statements, and the obligation to notify the FSMA of all advertisements to be used in a mass media campaign.
"From 17 May onwards, every new advertisement that is disseminated in connection with a distribution of virtual currencies to consumers has to comply with these rules, regardless of the channel used for the dissemination (social media, internet sites, physical medium)," the regulatory announcement stated.
Zondacrypto Secures Slovakia License
Estonia-based Zondacrypto (previously Zonda) announced that it had secured a digital asset services license in Slovakia, which will allow the company to offer crypto services.
"This expansion aligns perfectly with our vision of becoming a global leader in the EU crypto market. We're confident that entering this new market will not only present us with exciting business opportunities, but also allow us to bring our unique products and services to a more diverse range of customers," the company wrote in a Linkedin post.
In addition, Zondacrypto highlighted that while the Slovakian government doesn’t require crypto asset providers to operate with an official license, it will ensure that the company is compliant with anti-money laundering and terrorist financing rules.
FINMA Takes Actions against Crypto Platform
The Swiss Financial Market Supervisory Authority (FINMA) concluded its enforcement action against the Dohrnii Foundation and its Founder and former Managing Director, who ran crypto businesses without a license.
The Dohrnii Foundation and its Founder launched an initial coin offering (ICO) with promises of providing access to a learning platform and a marketplace where users can trade crypto services and products. The ICO received around 3 million euros from around 500 private individuals.
However, FINMA found that Dohrnii's platform was never operational, and the DHN tokens could never be used.
"The single judge sitting at the Cantonal Court of Zug opened bankruptcy proceedings against the Dohrnii Foundation as early as mid-March 2023 due to overindebtedness. The foundation is in the process of being dissolved," the regulator stated. "As a result, FINMA no longer needs to take any measures."
Libertex Expands Crypto CFDs Offering
Libertex, a retail brokerage, has added Arbitrum CFDs to enhance its offerings with cryptocurrency instruments. The broker offers more than 90 cryptocurrency trading instruments.
The addition of Arbitrum came when demand for the token is growing. It is a layer-2 scaling solution for Ethereum that runs its own blockchain, which offers faster transactions, lower fees, governance functionality, and other features.
"Arbitrum continues to add new features that make it an even bigger player in the crypto world. Traders now have a chance to join this project's exciting journey by trading Arbitrum CFDs with Libertex without needing to buy or hold the ARB token itself," the official announcement of Libertex added.
CLSA Premium Seeks to Resume Share Trading
Hong Kong-based CLSA Premium, which recently exited margin dealing, announced that it is taking necessary steps to resume the trading of its shares on the Hong Kong Stock Exchange as soon as possible.
The announcement came as the company received a letter from the stock exchange on 12 May, asking to meet two guidelines for resumption of trading.
"The Stock Exchange required the Company to meet all Resumption Guidance, remedy the substantive issues causing its trading suspension, and fully comply with the Listing Rules to the Stock Exchange’s satisfaction before trading in its securities is allowed to resume," the company's announcement stated. "For this purpose, the Company has the primary responsibility to devise its action plan for resumption."
"The Company is taking appropriate steps to resolve the issues causing its trading suspension and will seek to resume trading of its shares as soon as possible."
Public.com
Introduces AI Chatbot Alpha to Enhance Offering
Public.com,
a trading platform provider eyeing European expansion, has introduced an artificial intelligence
chatbot called Alpha, to enhance its clients’ trading experience. The chatbot
is powered by GPT-4, a large language model chatbot developed by OpenAI.
“With
Alpha, you can save time researching and tracking stocks, ETFs, crypto, and
alternative assets by receiving instant answers to your questions through a
natural language interface,” Public.com said in a Medium post published on
Wednesday.
The zero-commission
platform further explained that the chatbot can help its clients with everyday
investment-related activities, such as evaluating stock performance and outlook,
monitoring real-time market activity and comparing top movers of the day. It
can also retrieve important news articles and even summarize earning calls
almost immediately after they are held.
FXOpen Adds
HUF and CZK Currency Pairs to Meet Client Demand
FXOpen, a
retail forex and CFDs broker, has added two new currency pairs to its asset
pool. These are the Hungarian forint (HUF) and Czech Koruna (CZK), both of
which are paired with the US dollar and euro.
The broker
announced the addition on Wednesday, noting that it introduced the pairs to
meet its clients’ increased demands for the new pairs. The pairs can be traded
on MetaTrader 4 and 5 as well as TickTrader, the broker said.
Gary
Thomson, FXOpen’s UK Chief Operating Officer, pointed out that: “the Hungarian
forint has been increasing in value quite dramatically.”
“Since October
last year, the forint has been appreciating against the euro. In October 2022,
the forint was trading around 432 to the euro, whereas today it is trading at
372,” he further explained.
Euronext
Reappoints Stéphane Boujnah as Chairman/CEO
Stephane Boujnah, Chairman/CEO at Euronext
Stéphane Boujnah
has been reappointed as the Chairman of the Managing Board of Euronext, a
pan-European stock exchange group, extending his tenure to 2027. Additionally, he was re-elected as the CEO during the group’s Annual General Meeting, winning 98.21% of
the votes in his favour.
Boujnah
first became the Chairman and CEO in 2015 and contributed significantly to
increasing the stock exchange group’s operating performance and
diversification.
“He has
realized an ambitious expansion strategy to establish Euronext as Europe's
leading market infrastructure,” Euronext said in a statement released on
Wednesday. “As a result, Euronext now manages activities across the entire
capital markets value chain, operating under a highly scalable and diversified
model.”
UK Watchdog Extends Consumer Duty Lens from CFDs to “Complex” Exchange Traded Products
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates