Tag: APAC

ASIC ban
June 28, 2022 BY Steffy Bogdanova

ASIC calls on market operators and participants to continue providing services even during outages

ASIC is eager to tackle market outages in response to the Australian Securities Exchange (ASX) equity market outage in November 2020 following a major technical upgrade. ASIC’s latest concerns of market outages come with several important updates in the industry, including the replacement of CHESS, Cboe’s technology upgrade and the implementation of new market integrity…

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ASIC ban
June 27, 2022 BY Steffy Bogdanova

ASIC freezes assets of four companies and director

ASIC discovered that Arandez obtained $2.5 million from Australian investors based on false and misleading statements. He claimed the funds would be invested in property and cryptocurrency and used the fund in part for personal benefit and to pay returns to other investors. The regulator acted quickly in order to personal benefit and to pay…

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ASIC ban
June 20, 2022 BY Steffy Bogdanova

CFD trader sent to prison in Australia for insider trading

Prior to the official announcement by PanAust of the takeover bid on 30 March 2015, Li acquired 390,000 PanAust CFDs during the period between 19 and 26 March 2015. He also made his wife acquire 265,000 PanAust CFDs between 22 and 26 March 2015. In sentencing, Judge Rinaudo said: [He] took an unfair advantage when…

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June 10, 2022 BY Steffy Bogdanova

Binance CEO confirms the company is going after Philippines licenses

Zhao also disclosed the exchange’s plans to expand its operations within the country. He said: We are interested in investing in traditional financial service centers including payment service providers, banks, etc. We want to help bring those businesses into the blockchain world. Earlier in May, Binance tconfirmed it is in talks with Germany’s financial regulator…

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Osaka Digital Exchange
June 06, 2022 BY Steffy Bogdanova

Osaka Digital Exchange set to start PTS operations on 27 June

The exchange was registered as Type 1 Financial Instruments Business Operator on 18 April and it is now accepted as a member of the Japan Securities Dealers Association, according to the official press release. The ODX shareholders include SBI PTS Holdings (70%), Sumitomo Mitsui Financial Group (20%), Nomura Holdings (5%) and Daiwa Securities Group (5%).

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June 03, 2022 BY Steffy Bogdanova

FTX continues global expansion with launch of FTX Japan

Sam Bankman-Fried, CEO of FTX and currently serving as Interim CEO of FTX Japan, said: The acquisition not only gives us a technological advantage, but also allows us to work directly with Japanese regulators in a transparent, constructive and positive manner. With the launch of FTX Japan, FTX will be able to provide the Japanese…

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June 01, 2022 BY Steffy Bogdanova

TFX Click 365 Fx volume grows 58.5% YoY in May

The volumes of equity index daily futures contracts registered a substantial increase last month, on a monthly basis, as well as yearly. TFX said: The total trading volume of Equity Index Daily Futures contracts (Click kabu 365) was 6,967,482 (+66.1% MoM / +82.9% YoY) and its average daily trading volume was 316,729. The trading volumes…

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