Tag: APAC

June 16, 2023 BY Steffy Bogdanova

Invast Global rebrands to 26 Degrees, focusing on prime brokerage business

White stated that the current conditions have presented significant challenges for broker-dealers, emerging hedge funds, and family offices in their efforts to access essential markets and services required to maintain competitiveness in an industry where performance is key. As a result, there is a growing interest in independent prime service providers who possess the necessary…

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June 15, 2023 BY Steffy Bogdanova

Finalto launches a data centre in Singapore

MacKinnon added: In addition to local latency decreases, Singapore is a welcome addition to our global network, acting as a fallback venue for execution in the unlikely event of downtime in London or New York. With access to global liquidity sources, our clients can select the geographical centres that best meet their requirements. The official…

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Market Analysis
June 13, 2023 BY Steffy Bogdanova

Daily Report: GBP/USD Ahead of UK Jobs and US CPI Data

$1.25 Resistance? Out of the H1 timeframe, I see the unit elbowed through $1.25 recently and is poised to retest the lower boundary as resistance. I know some traders will be watching the structure to the left of the price between $1.2427 and $1.2453 to form potential support (blue curve), though trendline support taken from…

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June 01, 2023 BY Steffy Bogdanova

Crypto.com secures payment institution license from MAS

Kris Marszalek, CEO of Crypto.com, said: The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector. We are proud to receive the licence from a regulator that prioritizes consumer protection, safety, and security. We look forward to continuing to collaborate with MAS and leading at…

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May 31, 2023 BY Steffy Bogdanova

Elizabeth Leskauskaite joins BidX Markets as its new liquidity manager

Simon Blackledge, CEO of BidX Markets, said: BidX Markets is dedicated to providing exceptional trading experiences and innovative solutions to financial institutions. We are delighted to welcome Elizabeth to our team. With her proven track record in liquidity management and a deep understanding of the Forex, CFD and crypto markets, we are confident that Elizabeth…

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May 30, 2023 BY Steffy Bogdanova

ASIC extends financial adviser registration deadline

ASIC stated: The registration requirement is new. It is separate, and in addition to, the pre-existing requirements for an AFS licensee to appoint a relevant provider to the Financial Advisers Register after they have been authorised. Provisional Relevant Providers cannot be registered. The requirement for registration of financial advisers was introduced in 2021 in response…

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Weekly data: Oil and Gold price action before the NFP
May 26, 2023 BY Steffy Bogdanova

Daily Report: XAU/USD appears vulnerable

Short-Term Support Breach? While the bigger picture (daily chart) displays room to push lower, H1 support at $1,945 is vulnerable. Overhead resistance at $1,955 remains on the radar, but the zone surrounding the base (often recommended to draw support/resistance as a zone rather than a defined price point) has been tested. Therefore, a decisive H1…

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Tradeweb
May 25, 2023 BY Steffy Bogdanova

Tradeweb acquires Yieldbroker in a A$125 million deal

Launched in 1999, Yieldbroker operates an institutional and wholesale marketplace (D2C and D2D) for domestic customers in Australian and New Zealand debt securities. The official announcement detailed that the trading platform facilitates trading of about A$6 trillion annually. Tradeweb further stated that the acquisition would allow it to boost market efficiency. It would grant Australian…

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May 25, 2023 BY Steffy Bogdanova

Daily Report: GBP/USD Continues to Navigate Deeper Waters

GBP/USD Direction Given the scope to post additional underperformance, GBP/USD is likely to cross beneath H1 support from $1.2356 and target $1.23, followed by daily support mentioned above at $1.2272. A H1 close lower, therefore, could ignite breakout selling. (Chart: TradingView) Last week's report: Daily Report: Commodities displaying bearish tone... Read More Disclaimer: The information…

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