Market Overview - Wall Street is experiencing significant disruption concerns due to AI, leading to a sell-off in various sectors, particularly software companies, which has resulted in sharp losses in U.S. stocks this week [1][2]. Software Sector - The S&P 500 Software & Services index has lost approximately $2 trillion in value since its peak in October, with half of this loss occurring in the past two weeks due to fears that AI could disrupt traditional subscription and enterprise tools [2]. - Notable declines in the Nasdaq 100 include Atlassian down 47%, Intuit down 40%, and Workday down 33% [4]. - The U.S. software sector is facing its worst drawdown in over three years, impacting alternative asset managers with exposure to software-related loans, with firms like Ares, Blackstone, and KKR seeing declines between 13% and 24% this year [5]. Financial Brokerage, Data Analytics & Legal Services - The financial industry, especially brokerages and data analytics firms, has been negatively affected after Altruist introduced AI-enabled tax planning features, raising fears about the viability of their business models [6]. - Shares of brokers such as LPL Financial and Charles Schwab fell over 7%, while S&P Global's shares dropped more than 25% in February, marking its worst month since 2009 [7]. Real Estate Services - Commercial real estate and investment managers have suffered as investors shift away from high-fee, labor-intensive business models perceived as vulnerable to AI disruption, with CBRE Group and Jones Lang LaSalle each dropping about 12% [8]. Insurance Sector - Insurance stocks have experienced a significant decline, with the S&P 500 insurance index falling 3.9% on a single day, its largest drop since mid-October, following the release of an AI-powered comparison tool by Insurify [10]. - Shares of Willis Towers Watson have decreased by 15% this week, while Aon and Arthur J. Gallagher fell by 9% and 15%, respectively [11]. Trucking & Logistics - The trucking and logistics sector saw unexpected declines, with stocks like Landstar System and C.H. Robinson dropping sharply after Algorhythm Holdings reported a significant increase in freight volumes without a corresponding rise in operational headcount [13].

Compass agent Kyle Blackmon just made a pretty penny off his company’s stock. But it wasn’t for selling high or buying low. The veteran New York City luxury broker was awarded $5.5 million by a Financial Industry Regulatory Authority (FINRA) arbitration panel in a complaint he brought against UBS Financial Services over how it handled his Compass stock options and shares. In January 2025, Blackmon brought a complaint to FINRA, which regulates the financial brokerage industry, accusing UBS of mishandling ...

Core Insights - The global precious metals market has experienced significant volatility, yet VT Markets has demonstrated robust trading infrastructure, maintaining stable execution and uninterrupted trading access during market pressures [1]. Group 1: Trading Performance - In January, VT Markets recorded a trading volume of up to $1.5 trillion in gold, indicating high customer participation and sustained confidence in its trading environment [3]. - On January 29, 2026, VT Markets achieved a historical peak in gold trading volume amidst severe price fluctuations in the global gold market, driven by geopolitical and macroeconomic factors [3]. - 20% of gold traders on the platform were new users, highlighting VT Markets' ability to attract new traders during periods of extreme market volatility [3]. Group 2: Market Infrastructure - VT Markets' deep and diversified liquidity pool allowed the platform to maintain stable pricing and high order execution rates even during peak volatility [3]. - The average spreads for gold and silver remained competitive, and the platform's execution stability was ensured despite overall industry liquidity pressures [3]. - Ross Maxwell, the global strategy operations head at VT Markets, emphasized the importance of platform stability under extreme market conditions, asserting that their systems operated as designed to ensure continuous access to gold and silver trading [4]. Group 3: Commitment to Traders - VT Markets' performance during high volatility periods reinforces its commitment to providing reliable market access for traders, transforming market uncertainty into trading opportunities [4]. - The company's ability to maintain operational capacity under pressure distinguishes it from other brokers in the industry [4].

Group 1 - BGC Group, Inc. is recognized as one of the best undervalued stocks under $10, with recent developments enhancing its market position [1] - The company has been authorized as a U.K. registered benchmark administrator by the U.K. Financial Conduct Authority, allowing it to offer regulated benchmark reference data to clients [1][2] - The approved benchmark offerings include swaps pricing in EUR IRS, GBP IRS, XCCY swaps, and EU and U.K. Inflation swaps, which improve data quality and provide a strong alternative benchmark solution [1] Group 2 - The registration enables BGC Group to support valuation and risk management activities across key rate markets [2] - Piper Sandler has reiterated a Buy rating on BGC Group, setting a price target of $14, indicating positive market sentiment [2] - BGC Group provides a range of brokerage and financial technology services, specializing in various sectors including Foreign Exchange, Fixed Income, Equities, Shipping, Energy, Commodities, and Futures [3]

Core Insights - Penn Capital Management Company sold 1,615,590 shares of BGC Group, reducing its position by approximately $17.1 million, which reflects a strategic adjustment rather than a negative outlook on the sector [2][3][9] Company Overview - BGC Group, Inc. is a financial brokerage and technology provider with a market capitalization of $4.1 billion and revenue of $2.7 billion over the trailing twelve months (TTM) [5][6] - The company reported a net income of $165.8 million (TTM) and has a diversified product suite across multiple asset classes, including fixed income, equities, and commodities [5][8] Recent Performance - BGC Group's third-quarter revenue reached a record $736.8 million, marking a 31% year-over-year increase, with significant growth in energy, commodities, and shipping sectors [10] - The company's U.S. Treasury market share increased to a record 37%, and adjusted EBITDA rose to $167.6 million [10] Investment Positioning - Following the sale, Penn Capital's remaining stake in BGC Group is valued at $5.9 million, representing 0.5% of its reportable assets, down from 2% in the previous quarter [4][11] - The reduction in position indicates a valuation-sensitive approach by Penn Capital, while BGC Group's fundamentals remain strong [9][11]

Core Insights - The upcoming webinar titled "Think Like an Economist: Financial Literacy and Economic Understanding in an Age of Complexity" will be held on November 11, 2025, focusing on bridging the global financial literacy gap [1][4][8] - The event is a collaboration between Oxford University and EBC Financial Group, featuring experts Michael McMahon and David Barrett [2][6] Financial Literacy Importance - Financial literacy is crucial for making informed decisions in today's complex economic environment, with 66% of adults in OECD member countries lacking basic financial literacy [4] - In the UK, 39% of adults express a lack of confidence in their financial management skills, highlighting the need for effective educational interventions [4] Webinar Structure and Goals - The discussion will explore the differences in economic understanding between the general public and experts, effective educational interventions, and how central banks can improve communication [4] - The "Three E" framework (Explanation, Engagement, Education) will be introduced to enhance economic understanding [4] Expert Backgrounds - David Barrett, CEO of EBC Financial Group, has nearly 40 years of experience in forex, fixed income, commodities, and CFDs, and is a recognized expert in geopolitical risk and market volatility [6][10] - Michael McMahon is a professor at Oxford University with a focus on macroeconomics and central bank communication, having published in top economic journals [7][10] Event Details - The free online webinar will take place via Zoom and is open to students, finance professionals, policymakers, educators, traders, and investors interested in economic thinking [8][9]

Core Points - The general meeting of Admirals Group AS has elected Anton Tikhomirov and Fedor Ragin to the supervisory board, effective from October 6, 2025, while Tikhomirov has resigned from the management board [1] - Both Tikhomirov and Ragin have extensive backgrounds in finance and management, with Tikhomirov having been with Admirals since 2012 and Ragin since 2017 [2][3] - The management and supervisory boards will have new compositions starting from October 6, 2025, and the articles of association will be amended to allow shareholders and the supervisory board to adopt resolutions without convening a meeting [4] Group 1 - Anton Tikhomirov has been active in the financial brokerage industry since 1999 and has served on the supervisory board of Admirals Group AS from 2016 to 2024 [2] - Fedor Ragin has 19 years of experience in teaching and strategic consulting, and he serves on several supervisory boards outside the Admirals group [3] - The management board will consist of Alexander Tsikhilov, Eduard Kelvet, Andrey Koks, and Liudmila Bataeva starting from October 6, 2025 [4] Group 2 - The supervisory board will include Anatolie Mihalcenco, Dmitri Lauš, Olga Senjuškina, Anton Tikhomirov, and Fedor Ragin from October 6, 2025 [4] - The amendments to the articles of association will enhance the decision-making process for shareholders and the supervisory board [4]

Core Insights - WeTrade is celebrating its 10th anniversary with a global branding campaign, domain name upgrade, expanded trading tools, and a significant client reward program [1][2][4] Company Overview - Founded in 2015, WeTrade has evolved into a globally recognized trading platform, serving a rapidly growing client base across various regions [2][9] - The company emphasizes performance, visibility, and appreciation in its operations [2] Branding Campaign - The anniversary campaign included lighting up iconic skylines such as Nasdaq Tower in New York, Leicester Square in London, and Victoria Harbour in Hong Kong, showcasing the brand on major LED billboards [3] - This initiative reinforces WeTrade's position as a trusted international broker and highlights its increasing influence in the financial industry [3] Client Reward Program - The "10 Years In Trust We Trade" campaign runs from August 1 to August 31, 2025, offering $100,000 in rewards [4] - New clients can earn $2 cashback per standard lot traded, with total giveaways up to $100,000, while existing clients can earn 2 Reward Points per lot, up to 100,000 points [4] - Clients trading 25 standard lots during the campaign can redeem a limited-edition Gold Note and have a chance to win up to 3,000 Reward Points on the Anniversary Lucky Wheel [5] Major Brand Updates - WeTrade has upgraded its official website from wetradebroker.com to wetrade.com, reflecting a more streamlined global identity [6] - The platform now offers MetaTrader 5 (MT5) across mobile and desktop, enhancing trading execution, market data access, charting options, and multi-asset trading flexibility [6] Commitment to Growth - WeTrade's growth is characterized by a commitment to trust, client-first innovation, and strong partnerships, earning multiple regulatory licenses and industry recognition [7] - The company aims to provide a better trading experience, as stated by its CEO, George Miltiadou [8]

Core Insights - Charles Schwab (NYSE: SCHW) significantly exceeded consensus estimates for its second fiscal quarter, driven by higher interest rates, robust asset gathering, and market volatility during the quarter [1] Financial Performance - The financial brokerage reported a notable increase in core metrics, reflecting the positive impact of the aforementioned factors [1]

Core Viewpoint - The National Financial Regulatory Administration has issued the "Management Measures for Currency Brokerage Companies," which will take effect on August 1, 2025, aiming to regulate the establishment and operation of currency brokerage companies in China [1][4]. Group 1: Establishment and Requirements - Currency brokerage companies must have a registered capital of at least 100 million RMB or its equivalent in freely convertible currency [3][5]. - At least 60% of the employees must have prior experience in financial or related economic work [3][5]. - Companies must establish a governance structure, internal control, and risk management system that meets regulatory requirements [3][5]. Group 2: Business Scope - Currency brokerage companies can engage in brokerage services for domestic and foreign currency markets, foreign exchange markets, bond markets, gold markets, and over-the-counter financial derivatives markets [8][12]. - They are prohibited from engaging in any proprietary trading of financial products [9][12]. Group 3: Operational Guidelines - Companies must maintain cash assets sufficient to cover at least three months of operational expenses [16]. - They are required to establish a comprehensive risk management system that aligns with their business scale and risk profile [13][16]. - Companies must adhere to principles of honesty, fairness, and confidentiality in their operations [9][10]. Group 4: Supervision and Compliance - The National Financial Regulatory Administration will oversee the operations of currency brokerage companies, ensuring compliance with relevant laws and regulations [20][21]. - Companies must undergo regular external audits and submit annual audit reports to the regulatory authority [20][21]. - Violations of the management measures may result in penalties, including suspension of certain business activities [20][21].