HKEX Chief Executive Charles Li commented: I am very delighted to welcome Richard to HKEX to lead our critical risk management function. He brings to the Group nearly three decades of experience in financial markets, and will work across the business to ensure that our risk culture, policies and procedures are front and central in…
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The launch of the platform is a great addition for a financial institution that offers OTC FX and FX exchange-traded derivatives in SGX with close to zero latency. Marcus Goi, Chief Executive Officer of Orient Futures Singapore explained: With quantum leaps in computing technology, functionalities of trading platforms are ever expanding. On the other hand,…
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The New Zealand watchdog advises caution when dealing with the entity Unitex Capital Limited because of concerns it may be involved in a scam. The FMA found that Marketing Giant is not a registered financial service provider in New Zealand. The FMA advises caution when dealing with Intrgroups/Intragroup. The FCA in the UK and the Financial…
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What to watch Note: US stock markets are closed on Monday due to a public holiday. Jobs report: With minimal earnings news, all eyes will be on August’s US jobs report from the Bureau of Labor Statistics on Friday. The report will include data on nonfarm payrolls – a measure of the number of US…
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Global digital asset exchange, Gate.io announced its partnership with crypto-friendly hotel booking platform Travala.com to integrate GateToken (GT) on the travel website’s platform. Users of the website can book more than 2.2 million hotels across 230 countries. Travala.com will accept crypto assets including GateToken, Bitcoin, Ethereum and AVA (Travala’s native cryptocurrency for bookings). Digital wealth manager…
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GOLD Gold has been hit by the strength of the greenback in the last 48 hours. The bullion price retraced from the resistance zone at $2,000 to once again near the support zone at $1,920. Moreover, the general "risk on" scenario seen on markets, with another rally on stocks, pushed investors to bet on more risky…
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What to watch Broadcom: Semiconductor and infrastructure software firm Broadcom has seen its share price jump 18.7% year-to-date, including a 4% rally on Wednesday, the day before its latest quarterly earnings report. The near $150bn market cap firm has found some of its services and products, which are used to help build and maintain IT…
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Over the last year, Moneyfarm has focused on technology and expanding its reach. In July, the company signed an agreement with open banking platform, Fabrick, giving banks and intermediaries the infrastructure to offer Moneyfarm’s service to their customers. Paolo Galvani, Co-founder and President of Moneyfarm, said: Seeing results like these is more than just satisfying.…
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GOLD The US dollar is recovering and consequently gold is losing ground. Bullion’s decline is proportional to the recovery of the greenback, confirming that the current movement is mostly related to what is happening on the currency markets. In other words, the main trend for gold remains positive and a clear surpass of $1,990 and…
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As the financial markets are still under the turbulence caused by the coronavirus pandemic, ATFX focuses on educating and simplifying every trading step with the relevant tools that demystify the trading process. ATFX offers more accessibility with anyone being able to use Autochartist and Trading Central. FX trading and advanced trading tools were reserved large…
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