The company said in a press release on Tuesday that Gillespie will report directly to Lars Holst, founder and chief executive of the London-headquartered digital assets and FX trading group. Gillespie brings more than 35 years of industry experience, having started his career as an FX trader before moving into institutional sales and business development. …
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The company said on Tuesday it had received authorisation from the Colombian Financial Superintendence (SFC), allowing it to establish a presence in the country’s over-the-counter trading sector. The move broadens Plus500’s international footprint and will enable it to build stronger ties with local stakeholders while offering Colombian customers a more localised service. Plus500 operates proprietary…
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The company said in a release on Monday that the fund aims to provide diversified total returns with lower volatility and stronger downside protection by tapping into PIMCO’s best ideas across the credit spectrum, including high-yield bonds, emerging market debt and bank loans. It is also said to feature a monthly distribution component, catering to…
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The company said the move underscores its “disciplined capital allocation framework” and confidence in delivering sustained shareholder returns. The fresh buyback is said to form part of the $165 million shareholder returns unveiled in its half-year results earlier this month, which also included dividends of $75 million. The programme, managed by Panmure Liberum, will run…
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Part of the Bangkok-headquartered YLG Bullion Group, the firm has been active in the precious-metals market for more than three decades and has held a licence from Thailand’s Securities and Exchange Commission since 2009. TradingView noted in its release that YLG Futures also maintains a presence in Singapore and has won multiple industry accolades, including…
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The financial services platform reported H1 revenue of $967.4 million, up 23% from a year earlier, while adjusted profit before tax rose 27% to $202.7 million. Reported profit before tax jumped 45% to $201.6 million. The adjusted PBT margin improved to 21.0% from 20.2% a year ago. Second-quarter revenue increased 18% year-on-year to $500.1 million,…
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SBI Financial Services, an intermediate holding company for the group’s financial services business, entered a capital and business alliance with Double Standard in December 2019. The latest purchase of 55,000 shares through market transactions will lift the group’s voting rights ownership ratio from 19.73% to 20.13%. Double Standard specialises in generating and supplying big data…
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The bank stated that SC Invest streamlines the investment process, enabling account opening and fund subscription in just three steps. It offers four foundational portfolios curated by its Chief Investment Office, with a minimum investment of HK$100 and no subscription, redemption, or platform fees. Standard Chartered said the platform aims to address the “investment pain…
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McCann, who has nearly 30 years of corporate experience, including two decades in banking and insurance, has spent more than 10 years with Westpac. Prior to stepping into the acting role in May, she served as Group Executive, Customer and Corporate Services, overseeing operations, scams and fraud prevention, customer collections and hardship, property resilience, corporate…
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The launch provides Singaporean investors with what the firm describes as “true cost transparency,” avoiding the additional charges often associated with so-called zero-commission offerings. IBKR Lite allows trading without minimum balances or hidden fees, while also giving access to the broker’s award-winning platforms, tools and global markets. “We’re pleased to bring zero-commission US stock trading…
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