Aguzin became HKEX Group's Chief Executive last month for a term of three years. HKEX Chief Executive Officer Nicolas Aguzin, commented: I am very pleased to be welcoming Winsome to HKEX. She brings solid experience and technical knowledge of the financial services sector and capital markets to our business, and I look forward to working…
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ASIC Corporations (Amendment) Instrument 2021/510 extends the relief contained in these instruments: ASIC Corporations (Repeal and Transitional) Instrument 2016/396; ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109; and ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182. These aforementioned instruments currently apply to a range of FFSPs until 31 March 2022 The announcement stated: The…
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Colin Murphy said: I am incredibly excited to join the smartTrade team as we look to further scale the business. With a strong product offering and exceptional core technology, smartTrade is uniquely positioned to grow. I look forward to serving smartTrade’s clients and further improving the customer experience as we build innovative, new products across…
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Chief Marketing Officer, Angelo D’Alessio, commented: This is a key milestone for TMGM. Expanding our global reach has been an important focus for us. Since the success of the Australian Open sponsorship, widening our reach was a natural step for us in this journey. Securing the FMA license further solidifies our commitment to expanding our…
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OIL Oil prices are falling on Thursday, following the release of inventory data in the US that showed a surge in gasoline stocks. Recent oil price gains resulted, to a large extent, from investors expecting more demand from the end of lockdowns and the usual increase in driving experienced during the summer months. However, data…
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CMC said that it continued to offer its clients resilient platforms, which meant that existing clients could trade. New clients could also onboard even throughout periods in which trading volumes were extremely high and markets were especially volatile. It also continued to invest in proprietary tech platforms to diversify its offerings, having launched Spot FX…
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It was also announced that Mike Murphy, head of brokerage services at E*Trade, will lead digital direct client service and Chris Larkin, E*trade’s head of trading, will oversee trading across the division. Additionally, Shane Mulron, who previously led institutional product and risk management for E*Trade, will lead business control and support. Last year, Morgan Stanley…
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Broadridge’s data foundation, together with AdvisorStream, will allow financial advisors to pinpoint what is most relevant and engaging for individual clients at each step of the investor lifecycle. Additionally, AdvisorStream’s compliance capabilities provide flexibility for advisors while still integrating into existing head office marketing workflows. Kevin Mulhern, CEO of AdvisorStream, commented: When we created AdvisorStream,…
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The move follows CySEC’s decision to withdraw the Cyprus Investment Firm (CIF) licence of BogoFinance Capital Markets. BogoFinance Capital Markets is a subsidiary of Lebanon-based broker BogoFinance, established in 2006 by local entrepreneur Joseph Boghos. The company obtained its CIF licence in 2017 when it entered the EU market and then rebranded as FXJet. Other…
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EUROPEAN SHARES Stocks fluctuated with lower volumes than usual in Europe on Wednesday, following a mixed trading session in Asia where losses in Japan were offset by gains from Chinese shares. While investors search for new bullish catalysts to drive stock prices higher, there are still no significant bearish market drivers to trigger a sell-off…
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