The Hong Kong Securities and Futures Commission (SFC) has welcomed the appointment by the Financial Secretary of Ms Agnes Chan Sui-kuen and the re-appointment of Mr Edward Cheng Wai-sun as Non-Executive Directors for a term of two years. The term of Ms Chan will begin on 20 October 2018 and Mr Cheng’s term will start…
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The Stock Exchange of Thailand (SET) has appointed Soraphol Tulayasathien as Senior Executive Vice President (SEVP), Head of Corporate Strategy Division to oversee strategy, international relations, and research, effective from November 1, 2018. SET President Pakorn Peetathawatchai said that SET's board of governors has recently appointed Soraphol Tulayasathien as SEVP. With strong expertise in finance,…
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The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the Australian Securities and Investments Commission (ASIC) have signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction. The Agreement provides a framework for information sharing between the two regulators on financial technology (fintech) and regulatory technology (regtech).…
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It looks like Saxo Bank's new ownership group has its work cut out. Continuing a very disturbing trend, trading volumes at Copenhagen based Retail FX broker Saxo Bank declined for the fourth consecutive month in September 2018, dropping to their lowest level since 2015. Saxo's all-important FX trading volumes - which account for more than…
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KB TECH, a UK based software development company providing data management products to the trading, pension and financial markets, has announced that its trading platform, KB Trading Portal™ will go live at the NOREXECO Exchange on 1st October 2018. NOREXECO (NXE) is a regulated commodity exchange (MIC:NEXO) offering trading in cash settled financial futures, specializing…
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ECN platform solutions provider Fortex Inc. has announced today that DMA/STP broker Tier1FX now offers Crypto CFD trading on the Fortex platform. The most popular crypto currencies—Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple—are now available to trade as CFD, and clients can jump in to this innovative and volatile market using the Fortex technology. Albert…
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FTSE Russell, the global index, data and analytics provider, has launched a new Shariah-compliant index tracking companies listed on the Singapore Exchange (SGX). The FTSE ST Singapore Shariah Index has been designed to track Shariah-compliant companies listed on SGX and can used as the basis of investment products. Independent screening is carried out by Yasaar…
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Global financial technology and social trading group ayondo Ltd and Huanying International Limited (“Huanying”) have informed that they are establishing a collaboration through a white label agreement to grow trading opportunities for Huanying’s clients in Asia, and in particular, China (the “Collaboration”). It is envisaged that under the Collaboration, ayondo and Huanying will partner to…
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Advanced Markets Ltd, Australian Financial Services Licensee providing Institutional Liquidity as well as Prime of Prime services, has just announced that it has officially signed a statement of commitment to the FX Global Code of Conduct (the Global Code). Other companies recently signed up to the Code of Conduct include UK online trading leader IG Group Holdings plc…
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LeapRate Exclusive... LeapRate has learned that Silicon Valley based cloud-based eFX platform company Integral has made its second significant hire in as many months, adding Lars Olesen as the company's new Head of EMEA. Lars Olesen is currently working on a consulting basis, and will formally join Integral in November after completing garden leave. He…
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