Doo Group seems to be leaving Limassol
Our weekly bulletin begins with an attention-grabbing growth
involving the Cyprus brokerage area. Doo Group’s retail and institutional
brokerage arm, Doo Prime, seems to be vacating one in all its two places of work in Limassol following a sequence of workers layoffs.
An worker informed FinanceMagnates.com that workers had been
knowledgeable the dealer would depart the premises inside two weeks. The group
confirmed that it’s “realigning its operational construction” and expressed
appreciation to staff members “for his or her dedication through the years.”
Be a part of IG, CMC, and Robinhood at London’s main buying and selling business occasion!
Retail merchants misplaced £75M at finfluencer-promoted CFD agency
Within the regulatory entrance, the UK’s Monetary Conduct
Authority (FCA) revealed this week that over 90,000 retail buyers misplaced roughly £75 million at a single agency promoted by on-line “finfluencers.”
Our Annual Report units out how we have used knowledge and know-how to crack down on hurt in monetary companies.
Learn extra https://t.co/PV9ugNCd9d#FinancialServices #FinancialRegulation #Data #TechInFinance pic.twitter.com/DweFq2zcVo
— Monetary Conduct Authority (@TheFCA) July 10, 2025
These influencers continuously push unregulated offshore
buying and selling schemes, promising unrealistic returns by means of copy buying and selling, managed
accounts, or paid buying and selling ideas. The regulator mentioned it continues to fight such
exercise, having blocked 1,600 web sites, eliminated 50 apps, and focused extra
than 1,500 finfluencers.
XTB is contemplating exiting the Brazilian market
On the similar time, brokers in Brazil are dealing with stringent laws. XTB is reconsidering its growth into Brazil lower than a yr after acquiring regulatory approval, citing challenges linked to protectionist
measures within the native brokerage sector.
The Warsaw-listed fintech secured authorization in February
however has but to start operations, regardless of initially transferring to hitch Brazil’s
listing of regulated establishments. XTB mentioned it’s “evaluating all potential
enterprise choices, together with the opportunity of ceasing additional operations in
this market.”
In the meantime, XTB reported weaker third-quarter outcomes amid low market volatility. The corporate’s consolidated web revenue fell 74%
year-on-year to PLN 53.2 million, down from PLN 203.8 million in the identical
quarter of 2024. Income additionally declined 20.1% to PLN 375.8 million, with
the drop primarily attributed to decrease profitability per CFD lot.
Financial institution of England warns AI valuations mirror the dot-com period
Within the AI area, not everyone seems to be optimistic. The Financial institution of England has warned that hovering valuations of
know-how firms linked to synthetic intelligence resemble patterns seen
in the course of the dot-com period, at the same time as these companies generate substantial income.
Right here we see that breadth has collapsed for the reason that final earnings season in the summertime, however the market magically moved greater because of rising focus.
And the identical factor occurred on the final high in February as effectively.
These are the dangers posed by AI to the markets and the… pic.twitter.com/lmdC2zwRdv
— Mac10 (@SuburbanDrone) October 28, 2025
The central financial institution has now cautioned that heavy investor
focus in AI-related shares might go away markets susceptible if sentiment
across the know-how shifts.
Alongside its deal with AI-driven market dynamics, the BoE
highlighted broader considerations about monetary stability, together with high-profile US
credit score defaults and the fast progress of personal credit score.
CySEC removes certification registers after rip-off abuse
In Cyprus, the monetary regulator is grappling with a surge
in scams. This week, it was compelled to droop public entry to its certification registers after discovering that fraudsters have been utilizing the
private particulars of licensed professionals to deceive buyers.
Sure people unlawfully used names and particulars from
their certification registers and revealed examination outcomes to impersonate
reputable funding professionals and deceive the general public.
Government transfer: Alaa Kriedy joins Optimum Merchants as MENA CEO
Optimum Merchants, a comparatively new proprietary buying and selling agency,
has appointed Alaa Kriedy as CEO for its Center East and North Africa operations, signaling its intent to speed up progress within the area.
Alaa Kriedy, Supply: LinkedIn
Kriedy brings over 20 years of expertise in monetary
companies, having led vital initiatives in enterprise growth,
operational effectivity, and strategic partnerships throughout the MENA area.
Bybit halts new registrations in Japan
Within the crypto area, regulatory hurdles proceed to restrict
progress for some gamers. Bybit will stop onboarding new customers in Japan as of 31 October 2025. The restriction applies to each Japanese residents and
nationals, whereas current customers will proceed to have entry with none
service disruption.
The change said that the choice is a part of its proactive strategy to adjust to native laws and align with the evolving framework established by Japan’s Monetary Providers Company. The change emphasised that present
clients in Japan will expertise no fast adjustments to the companies they
use.
NVIDIA, Nokia shares leap on $1B AI funding
AI is attracting vital funding and driving positive factors in associated shares. NVIDIA and Nokia shares surged after NVIDIA introduced a $1 billion strategic funding within the telecom firm, coupled with an AI-networking partnership. The leap in share costs highlights buyers’ confidence that telecoms will play a central function within the subsequent wave of AI-driven progress.
NVIDIA’s inventory rose sharply following a flurry of product bulletins at its GTC occasion, pushing the corporate’s market capitalization near $5 trillion. The rally displays robust demand for AI {hardware}, together with GPUs and accelerators, as buyers proceed to guess closely on the corporate’s management within the AI market.
Amazon inventory jumps 13%
Lastly, Amazon’s inventory surged 13% after the corporate reported third-quarter earnings that considerably exceeded Wall Avenue expectations.
The agency posted earnings per share of $1.95 on income of $180.2 billion,
surpassing analyst estimates of $1.58 and $177.8 billion.
Amazon Internet Providers
(AWS) contributed considerably, producing $33 billion in income, a 20% year-over-year improve, and marking its quickest progress since 2022. The rally got here simply days after Amazon introduced plans to chop
as much as 30,000 company jobs, a transfer buyers appeared to view positively as a
signal of price self-discipline.
Amazon to chop 30,000 company jobs — 9% of worldwide workplace workforce: report https://t.co/okUYJnBISe pic.twitter.com/grra8IkYhJ
— New York Put up (@nypost) October 27, 2025
Amazon is beginning a significant layoff of as much as 30,000 white-collar workers – practically 10% of its roughly 350,000 company
workforce – whereas making ready to launch its subsequent quarterly earnings, with Wall
Avenue intently watching the vacation season efficiency.
Doo Group seems to be leaving Limassol
Our weekly bulletin begins with an attention-grabbing growth
involving the Cyprus brokerage area. Doo Group’s retail and institutional
brokerage arm, Doo Prime, seems to be vacating one in all its two places of work in Limassol following a sequence of workers layoffs.
An worker informed FinanceMagnates.com that workers had been
knowledgeable the dealer would depart the premises inside two weeks. The group
confirmed that it’s “realigning its operational construction” and expressed
appreciation to staff members “for his or her dedication through the years.”
Be a part of IG, CMC, and Robinhood at London’s main buying and selling business occasion!
Retail merchants misplaced £75M at finfluencer-promoted CFD agency
Within the regulatory entrance, the UK’s Monetary Conduct
Authority (FCA) revealed this week that over 90,000 retail buyers misplaced roughly £75 million at a single agency promoted by on-line “finfluencers.”
Our Annual Report units out how we have used knowledge and know-how to crack down on hurt in monetary companies.
Learn extra https://t.co/PV9ugNCd9d#FinancialServices #FinancialRegulation #Data #TechInFinance pic.twitter.com/DweFq2zcVo
— Monetary Conduct Authority (@TheFCA) July 10, 2025
These influencers continuously push unregulated offshore
buying and selling schemes, promising unrealistic returns by means of copy buying and selling, managed
accounts, or paid buying and selling ideas. The regulator mentioned it continues to fight such
exercise, having blocked 1,600 web sites, eliminated 50 apps, and focused extra
than 1,500 finfluencers.
XTB is contemplating exiting the Brazilian market
On the similar time, brokers in Brazil are dealing with stringent laws. XTB is reconsidering its growth into Brazil lower than a yr after acquiring regulatory approval, citing challenges linked to protectionist
measures within the native brokerage sector.
The Warsaw-listed fintech secured authorization in February
however has but to start operations, regardless of initially transferring to hitch Brazil’s
listing of regulated establishments. XTB mentioned it’s “evaluating all potential
enterprise choices, together with the opportunity of ceasing additional operations in
this market.”
In the meantime, XTB reported weaker third-quarter outcomes amid low market volatility. The corporate’s consolidated web revenue fell 74%
year-on-year to PLN 53.2 million, down from PLN 203.8 million in the identical
quarter of 2024. Income additionally declined 20.1% to PLN 375.8 million, with
the drop primarily attributed to decrease profitability per CFD lot.
Financial institution of England warns AI valuations mirror the dot-com period
Within the AI area, not everyone seems to be optimistic. The Financial institution of England has warned that hovering valuations of
know-how firms linked to synthetic intelligence resemble patterns seen
in the course of the dot-com period, at the same time as these companies generate substantial income.
Right here we see that breadth has collapsed for the reason that final earnings season in the summertime, however the market magically moved greater because of rising focus.
And the identical factor occurred on the final high in February as effectively.
These are the dangers posed by AI to the markets and the… pic.twitter.com/lmdC2zwRdv
— Mac10 (@SuburbanDrone) October 28, 2025
The central financial institution has now cautioned that heavy investor
focus in AI-related shares might go away markets susceptible if sentiment
across the know-how shifts.
Alongside its deal with AI-driven market dynamics, the BoE
highlighted broader considerations about monetary stability, together with high-profile US
credit score defaults and the fast progress of personal credit score.
CySEC removes certification registers after rip-off abuse
In Cyprus, the monetary regulator is grappling with a surge
in scams. This week, it was compelled to droop public entry to its certification registers after discovering that fraudsters have been utilizing the
private particulars of licensed professionals to deceive buyers.
Sure people unlawfully used names and particulars from
their certification registers and revealed examination outcomes to impersonate
reputable funding professionals and deceive the general public.
Government transfer: Alaa Kriedy joins Optimum Merchants as MENA CEO
Optimum Merchants, a comparatively new proprietary buying and selling agency,
has appointed Alaa Kriedy as CEO for its Center East and North Africa operations, signaling its intent to speed up progress within the area.
Alaa Kriedy, Supply: LinkedIn
Kriedy brings over 20 years of expertise in monetary
companies, having led vital initiatives in enterprise growth,
operational effectivity, and strategic partnerships throughout the MENA area.
Bybit halts new registrations in Japan
Within the crypto area, regulatory hurdles proceed to restrict
progress for some gamers. Bybit will stop onboarding new customers in Japan as of 31 October 2025. The restriction applies to each Japanese residents and
nationals, whereas current customers will proceed to have entry with none
service disruption.
The change said that the choice is a part of its proactive strategy to adjust to native laws and align with the evolving framework established by Japan’s Monetary Providers Company. The change emphasised that present
clients in Japan will expertise no fast adjustments to the companies they
use.
NVIDIA, Nokia shares leap on $1B AI funding
AI is attracting vital funding and driving positive factors in associated shares. NVIDIA and Nokia shares surged after NVIDIA introduced a $1 billion strategic funding within the telecom firm, coupled with an AI-networking partnership. The leap in share costs highlights buyers’ confidence that telecoms will play a central function within the subsequent wave of AI-driven progress.
NVIDIA’s inventory rose sharply following a flurry of product bulletins at its GTC occasion, pushing the corporate’s market capitalization near $5 trillion. The rally displays robust demand for AI {hardware}, together with GPUs and accelerators, as buyers proceed to guess closely on the corporate’s management within the AI market.
Amazon inventory jumps 13%
Lastly, Amazon’s inventory surged 13% after the corporate reported third-quarter earnings that considerably exceeded Wall Avenue expectations.
The agency posted earnings per share of $1.95 on income of $180.2 billion,
surpassing analyst estimates of $1.58 and $177.8 billion.
Amazon Internet Providers
(AWS) contributed considerably, producing $33 billion in income, a 20% year-over-year improve, and marking its quickest progress since 2022. The rally got here simply days after Amazon introduced plans to chop
as much as 30,000 company jobs, a transfer buyers appeared to view positively as a
signal of price self-discipline.
Amazon to chop 30,000 company jobs — 9% of worldwide workplace workforce: report https://t.co/okUYJnBISe pic.twitter.com/grra8IkYhJ
— New York Put up (@nypost) October 27, 2025
Amazon is beginning a significant layoff of as much as 30,000 white-collar workers – practically 10% of its roughly 350,000 company
workforce – whereas making ready to launch its subsequent quarterly earnings, with Wall
Avenue intently watching the vacation season efficiency.
