Axi Expands Perpetual Futures Offering into Traditional Markets

 

SYDNEY, Oct 23 (Bernama-GLOBE NEWSWIRE) -- TradFi perpetual futures bring 24/7 continuous trading to global traditional markets through the Axi Trading Platform and MT5.

Axi is expanding its perpetual futures offering into traditional financial markets, extending access to eligible clients beyond its existing cryptocurrency lineup and bringing continuous trading opportunities to traditional asset classes.

Available through the Axi Trading Platform and MetaTrader5 (MT5), the expansion enables eligible clients to access traditional financial markets 24 hours a day, seven days a week, including weekends. The launch builds on Axi’s existing crypto perpetual futures offering, broadening its product range to reflect evolving approaches to accessing global markets.

Traditional financial markets have historically operated around established trading sessions with market access shaped by exchange opening hours, closing times and holidays. Perpetual futures offer a different approach, allowing traders to speculate on price movements without taking ownership of the underlying assets and without the fixed expiry dates associated with conventional futures contracts.

Unlike traditional futures contracts, which expire on a predetermined date, perpetual futures have no contract expiry date or rollover requirement. Positions can be opened on either side of the market, allowing traders to take long or short positions based on their market outlook. Periodic funding rates provide a mechanism associated with the pricing of perpetual contracts.

By extending this product structure into traditional markets, Axi is broadening the range of instruments available to eligible clients through its trading platforms, while offering greater flexibility around when they can access supported markets.

Greg Lunz, Head of New Product and Innovation Growth at Axi said, “Expanding perpetual futures into traditional markets gives eligible clients greater flexibility in how they access and engage with familiar asset classes. By bringing 24/7 trading to TradFi markets through the Axi Trading Platform and MT5, we’re building on our existing offering to give clients more choice in how they approach changing market conditions.”

The expansion reflects the continuing development of trading products designed to provide access beyond conventional market schedules. For traders seeking to respond to developments outside standard trading hours, the availability of supported traditional-market instruments around the clock offers an additional way to engage with price movements.

TradFi perpetual futures are accessible to eligible Axi clients through the Axi Trading Platform and MT5, subject to applicable eligibility requirements and product availability. Clients can visit the official Axi website to explore available instruments, contract specifications and account options.

About Axi

Axi is a global online FX and CFD broker, providing thousands of clients across 100+ countries with access to financial markets through intuitive trading platforms, advanced tools, and educational resources. Its product suite includes forex, CFDs, and perpetual futures, with availability varying by region and entity.

Promoted by AxiTrader LLC. Trading carries a high risk of investment loss. This content may not be available in your region.

For more information contact: mediaenquiries@axi.com 

SOURCE: Axi Trader LLC

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

XSOLLA BUNDLES SIX INDIE PC GAMES FOR US$9.99

 

KUALA LUMPUR, Oct 21 (Bernama) -- Xsolla, a global commerce company, is selling a bundle of six indie personal computer (PC) games from six studios for US$9.99 on its Xsolla Mall online store until Nov 2. (US$1 = RM4.07)

Bought separately, the games would cost US$123.94 at regular United States (US) Steam prices as of Oct 1, making the bundle 91 per cent cheaper, the company said in a statement.

“Six games for US$9.99 get someone to try the deckbuilder or the horror visual novel they would have scrolled right past.

“Players get a real range for the price, and every studio in the line-up gets in front of people who are actively looking for their next game,” said Xsolla president, Chris Hewish.

The bundle commemorates gamescom asia x Thailand Game Show, to be held from Oct 29 to Nov 1 at the Queen Sirikit National Convention Center in Bangkok, where Xsolla is also exhibiting.

Xsolla said 10 per cent of the purchase price, after taxes, fees and refunds, will go to Stand Up To Cancer, which funds cancer research, with restrictions applying.

The bundle includes GigaBash, a giant monster fighting game for up to four players; HELLCARD, a cooperative deck-building game for up to three players; Gordian Quest, a deck-building role-playing game; Winion Virus, a psychological horror visual novel for mature players; Monstrum, a survival horror game set aboard a derelict cargo ship; and UNYIELDER, a series of one-on-one boss fights.

Buyers receive all six Steam keys by email immediately after purchase, with step-by-step instructions for redeeming them on Steam, while the studios get a chance to reach players who might not otherwise have found their games.

-- BERNAMA

MONGOLIAN MINING’S Q3 COKING COAL SALES FALL 26 PCT

KUALA LUMPUR, Oct 16 (Bernama) -- Mongolian Mining Corporation’s washed coking coal sales fell 26 per cent quarter-on-quarter to about 1,996.9 kilotonnes (kt) in the third quarter (Q3) ended Sept 30, even as coking coal prices in China rebounded strongly on tighter domestic supply.

Sales were also down 13 per cent from 2,303.2 kt a year earlier, according to the company’s unaudited operational update.

The number of coal trucks crossing the Ganqimaodu border point into China fell to an average of 897 per operating day during the quarter. This was 34 per cent and 29 per cent lower than the averages of 1,366 and 1,270 trucks in the second and first quarters, respectively.

However, the year-to-date average of 1,177 trucks per operating day was 15 per cent higher than the 2025 full-year average of 1,023, the company said in a statement.

Combined output from its Ukhaa Khudag and Baruun Naran mines showed raw coal mined rising eight per cent quarter-on-quarter and 33 per cent year-on-year to 4,791.2 kt.

Coking coal processed fell six per cent from the previous quarter to 4,253.2 kt but rose 13 per cent year-on-year, while washed coking coal production dropped 11 per cent quarter-on-quarter to 2,503.1 kt, up 19 per cent from a year earlier.

At its Bayan Khundii gold mine, ore mined rose 68 per cent quarter-on-quarter to 414.9 kt, ore processed increased seven per cent to 164.5 kt and gold sales edged up one per cent to 11,853 ounces (oz).

The company’s average realised gold price fell four per cent quarter-on-quarter to US$4,315 an ounce, but was 13 per cent higher than US$3,805 a year earlier. (US$1 = RM4.08)

Mongolian Mining Corporation sells its coking coal through auctions on the Mongolian Stock Exchange.

-- BERNAMA

GTCFX Appoints Abdulrahman Ahmed Al Ali as General Manager, Strengthening Leadership with Extensive Regulatory Expertise

 

DUBAI, United Arab Emirates, Oct 16 (Bernama-GLOBE NEWSWIRE) -- GTCFX is pleased to announce the appointment of Abdulrahman Ahmed Al Ali as General Manager, marking a significant step in the company's continued commitment to strengthening its leadership, enhancing operational excellence, and advancing sustainable growth.

With more than 12 years of experience in the UAE's financial services and capital markets sector, Abdulrahman brings extensive expertise in financial regulation, corporate governance, and regulatory compliance. His appointment reinforces GTCFX's focus on experienced leadership, professional standards, and long-term strategic development.

Extensive Experience in Financial Markets

Prior to joining GTCFX, Abdulrahman served as a Legal Specialist within the Enforcement Department of the UAE's Securities and Commodities Authority (SCA), now the Capital Market Authority (CMA), from March 2014 to August 2026.

Throughout his career, he developed a comprehensive understanding of the UAE's financial regulatory framework, corporate governance practices, and compliance standards. His professional background includes experience in regulatory matters and engagement with relevant judicial and regulatory authorities, providing valuable insight into the principles and practices that support well-governed financial markets.

Abdulrahman holds a Bachelor of Laws (LL.B.) from the University of Sharjah and completed the Future Financial Leadership Program at the Securities and Commodities Authority. His combination of legal expertise, regulatory experience, and professional development provides a strong foundation for his new leadership role at GTCFX.

Advancing GTCFX's Strategic Vision

Abdulrahman's appointment comes as GTCFX continues to strengthen its organizational capabilities and pursue its long-term business objectives.

His knowledge of the UAE's financial regulatory landscape will contribute valuable perspectives to the company's management, supporting its commitment to transparency, sound governance, and responsible business practices.

As General Manager, Abdulrahman will apply his professional experience and leadership perspective to support operational efficiency, organizational development, and the continued enhancement of internal management standards.

His appointment also supports GTCFX's broader commitment to service excellence, stronger client relationships, and improved investor satisfaction through a professional and client-focused approach.

By combining experienced leadership with a forward-looking business strategy, GTCFX aims to further strengthen its organizational foundations and create lasting value for clients, partners, and stakeholders.

Leadership Built on Experience and Integrity

Effective leadership is essential to the long-term success of financial institutions. As the industry continues to evolve, regulatory knowledge, sound judgment, and strong corporate governance remain important foundations for sustainable development.

Abdulrahman brings a valuable combination of regulatory expertise, legal knowledge, and industry experience to GTCFX. His appointment reflects the company's commitment to building a capable, professional, and forward-looking leadership team.

GTCFX warmly welcomes Abdulrahman Ahmed Al Ali as General Manager and looks forward to his contributions as the company continues to strengthen its capabilities, advance its strategic priorities, and pursue its next chapter of growth and excellence.

Media Contact

Email: support@gtcfx.com
Website: http://gtcfx.com/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b1c02b52-e8da-43ec-af23-861977ded271 

SOURCE: GTC Global Trade Capital Co. Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

CHERY’S LEPAS TO UNVEIL CONCEPT CAR, DESIGN LANGUAGE

KUALA LUMPUR, Oct 15 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS will hold the world premiere of its LEPAS Concept Car and unveil the Next-Generation Leopard Aesthetics design language at its first Global Elegant Lifestyle Week.

The event, themed “TOGETHER IN ELEGANCE”, runs from Oct 18 to 24 during the 2026 Chery International User Summit, bringing together the brand’s first vehicle owners worldwide, partners and industry media, according to a statement.

It comes as LEPAS’s NEVs reach their first owners in global markets this year. The company said the programme will centre on driving, technology, design and lifestyle.

According to LEPAS, the new design language explores sculpted lines and light, as well as future interactions between people and vehicles. User feedback from around the world continues to shape its design approach.

The LEPAS L6 EV will also set off on the brand’s first Global Journey of Elegant Driving, a route covering city streets, intercity highways and winding mountain roads. Media and user representatives will assess the car’s handling, comfort, range and intelligent technologies along the way.

Participants will be able to test drive the LEPAS L4, L6 and L8 models in real-world conditions. The test drives include demonstrations of Automated Parking Assist (APA), Remote Parking Assist (RPA) and Super Intelligent Valet Parking (SIVP), with SIVP available only on the L8.

LEPAS aims to integrate such technology into everyday driving so that advanced features feel effortless to use, rather than drawing attention to the technology itself.

The event will also include a Global Elegance Promenade, where owners will share cultural stories and interactive experiences from their home cities. Participants will be named “Global Elegant Lifestyle Partners” of the brand.

LEPAS said further details of the event would be announced later.

-- BERNAMA

VANTIVA UNVEILS 50G PON DEVICE FOR ULTRA-HIGH-SPEED FIBRE NETWORKS

 

KUALA LUMPUR, Oct 13 (Bernama) -- Vantiva, a global technology leader in connected home solutions, has unveiled a 50-gigabit passive optical network (50G PON) optical network terminal (ONT) designed to support higher-capacity fibre broadband networks and future data demands.

The FXA701Z device complies with the ITU-T G.9804 standard and supports symmetrical upstream and downstream transmission, enabling equal data transmission speeds in both directions.

It also features an XGS-PON port, allowing telecommunications operators to deploy the device on existing 10G networks before upgrading customers to 50G services without replacing the terminal, according to the company in a statement.

Vantiva Senior Director of Product Management, Barry Weber said growing data traffic from video calls, cloud backups and AI applications was increasing demand for upstream network capacity.

Meanwhile, its Chief Product and Engineering Officer Ashwani Saigal said the device would extend the company's fibre broadband product portfolio as operators prepare for the next generation of network capacity.

Vantiva said the device is designed to support bandwidth-intensive applications, including 8K video streaming, augmented and virtual reality (AR/VR), distributed artificial intelligence (AI) workloads and mobile backhaul for base stations.

The FXA701Z includes operations, administration and maintenance interface support through the optical network terminal management and control interface (OMCI), enabling operators to manage and diagnose the device using standard tools already deployed across their passive optical network infrastructure.

The device has a compact design for tabletop or wall-mounted installation, while its top and bottom covers use post-consumer recycled acrylonitrile butadiene styrene (PCR ABS) plastic.

Vantiva is showcasing the FXA701Z at Network X in Vienna, Austria, from Oct 13 to 15.

-- BERNAMA

DIC Expands Low-Solvent ECOVART Ink Rollout to Asia

KUALA LUMPUR, Oct 12 (Bernama) -- DIC Corporation will begin the global rollout of its ECOVART gravure ink, which requires significantly less solvent than conventional gravure inks, focusing on Japan, the People’s Republic of China (PRC) and Southeast Asia.

In a statement, DIC said the low-solvent ink reduces the volume of naphtha-derived solvents used by packaging materials printing companies, helping mitigate procurement risks while improving printing productivity and lowering volatile organic compound (VOC) emissions.

Packaging materials printing companies face growing pressure to reduce VOC emissions and environmental impact while securing stable supplies of raw materials and managing solvent procurement costs.

ECOVART will be showcased at DIC’s booth at the Tokyo International Packaging Exhibition 2026 (TOKYO PACK 2026). Following its introduction in Japan, the company plans to expand sales in the PRC, where solvent-use restrictions are stringent, and Southeast Asia, which is expected to see continued market growth.

Launched in India in 2022, ECOVART has recorded steady sales growth. DIC plans to draw on its experience in the Indian market to support the global rollout, beginning with Japan and targeting the PRC and Southeast Asia.

Supplied as a press-ready ink, ECOVART is preadjusted to the appropriate viscosity for printing, reducing the need for solvent dilution and viscosity adjustments required with conventional gravure inks. This shortens processing time, eases operator workloads and reduces solvent purchases, while simplifying inventory management and limiting exposure to price fluctuations.

DIC testing has confirmed that ECOVART can reduce solvent use by at least 50 per cent. The ink helps customers meet environmental targets and is suitable for solvent recovery, potentially further reducing the environmental impact of printing processes.

ECOVART also has a higher colour density than conventional gravure inks, allowing printers to achieve the required density with less ink while maintaining print quality.

Looking ahead, DIC said it would continue expanding sales globally to reduce solvent use and VOC emissions, improve productivity and support a more sustainable packaging printing industry and circular economy.

-- BERNAMA