Tag: APAC

January 30, 2024 BY PureContent

IC Markets Introduces Zero Brokerage Fee Promotion for IC Shares

Australian investors are set to benefit from the zero-fee offer from IC Markets when investing in companies of their choice. However, this exclusive offer is time-limited, and terms and conditions are attached. To ensure investors have a user-friendly and secure experience, IC Markets has partnered with Finclear. Founded in 2007, IC Markets is known for…

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LMAX Group partners with SIX
November 23, 2023 BY Elizabeth Anderson

LMAX Group granted a Recognised Market Operator Licence from the Monetary Authority of Singapore

Clients can now hedge their FX exposure against non-convertible currencies on a Central Limit Order Book (CLOB). Transparent price discovery, efficient market structure, firm limit order market data, deeper liquidity and streaming real-time will now be available to all participants. LMAX intends to create a more diversified offering for institutional investors. That results from a…

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November 14, 2023 BY Elizabeth Anderson

IC Markets Announce IC Shares

Through the partnership with FinClear, IC Shares has been established to provide a secure, user-friendly, and cost-effective means of accessing mid-cap and blue-chip companies in the Australian share market. Clients can easily invest in Aussie shares using their own HIN with a competitive brokerage fee, one of the lowest on the market, making the investment…

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July 26, 2023 BY Steffy Bogdanova

TMGM becomes Chelsea's APAC partner in a multi-year deal

Jurasek commented: This new relationship aligns our shared commitment to innovation and we look forward to building this partnership and introducing TMGM’s impressive online trading services to our fans. TMGM chief commercial officer Nick Yang also shared excited to bring the company’s trading expertise to the team’s fan base Yang said: Together, we will explore…

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FTX
July 19, 2023 BY Steffy Bogdanova

ASIC cancels FTX’s license in Australia

Additionally, the cancellation of the company’s AFS license does not affect requirements stemming from its membership with the Australian Financial Complaints Authority, and to have arrangements for compensating retail clients. The official announcement also detailed that John Mouawad, Scott Langdon and Rahul Goyal of KordaMentha were appointed as voluntary administrators of FTX Australia and its…

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Market Analysis
July 17, 2023 BY Steffy Bogdanova

Market Insight: Week ending 21 July

Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Testing Monthly Support It has been quite a week for the US dollar. Consistent with the US Dollar Index—a geometrically-weighted average of the dollar’s value against a basket of six major currencies, including Europe’s single currency—the greenback plunged -2.3% last week, marking its…

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Acquisition
July 12, 2023 BY Steffy Bogdanova

Fortune Prime Global acquires CFD broker GMT Markets

Regulated by ASIC since 2011, GMT Markets, caters to retail, as well as institutional clients. The company works closely with banks to provide clients with competitive spreads on forex, gold, commodities, indices, and crypto CFDs. FPG Capital establishes strong partnerships with banks to offer competitive spreads on forex, gold, commodities, indices, and crypto CFDs. Through…

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Market Analysis
July 10, 2023 BY Steffy Bogdanova

Market Insight: Week ending 14 July

Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Eyeing the 101.92 Low With Friday’s one-sided decline, it was a disappointing week for the Dollar Index, down -0.6%. Trend studies on the monthly timeframe show price action has been northbound since bottoming in 2008 at 70.70. Q4 (2022), as you can see,…

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