Huobi Asset Management secures SFC licenses for securities advisory and asset management services LeapRate

August 03, 2020 BY Steffy Bogdanova

Huobi Asset Management secures SFC licenses for securities advisory and asset management services

Elaine Sun, the Compliance Director of Huobi Tech commented: We are delighted to get licensed and it marks a good start for the Company to provide professional asset management services. The Asset Management arm is led by a team of investment professionals with extensive traditional securities investment experience and fruitful knowledge in blockchain and virtual…

August 03, 2020 BY Steffy Bogdanova

TFX Click kabu 365 drops again with 30% in July

Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 15,728 (-42.4% MoM / -79.1% YoY) and its average daily volume was 749. Items Jul 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Total of Interest Rate Futures contracts 15,728 749 -42.4% -79.1% Three-month Euroyen futures 15,728 749…

July 30, 2020 BY Steffy Bogdanova

SGX announces S$472 million net profit in FY20 report and 21% rise from last year

The financial highlights included: $ million, except where indicated FY2020 FY2019 Change Key income statement figures Fixed Income, Currencies and Commodities 171.4 139.0 23% Equities 759.7 668.3 14% Data, Connectivity and Indices 121.6 102.5 19% Operating revenue 1,052.7 909.8…

July 30, 2020 BY Steffy Bogdanova

Philippines Central Bank looking into issuing its own digital currency

Dionko stated: Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it. Bank of Japan, Bank of England and European Central Bank have collaborated on the assessment of a potential digital currency already while China has gone further in testing of its own digital currency. Banque…

July 30, 2020 BY Valentina Kirilova

Daily Market News: Earnings weigh heavily on European open

PayPal CEO says ‘no going back’ from pandemic induced e-commerce surge Boeing’s earnings report appeared to take airline stocks down with it yesterday, as American Airlines and United Airlines both sank by around 3% on a day where the broader market soared. The Nasdaq Composite was up 1.4%, helped higher by names including AMD, PayPal…

July 29, 2020 BY Steffy Bogdanova

Sucden Financial and FlexTrade Systems launch TY3 matching engine

Phil Kim, Head of eFX Sales, Asia-Pacific, commented: We are very excited to add our TY3 venue to Sucden Financial’s ever-expanding suite of eFX products, as well as for our partnership with FlexTrade. This launch underlines our continued commitment to enhancing our services within the Asia-Pacific region, even during these times of global uncertainty. Manish…

Samtrade secures FCA and ASIC licences in expansion of its global footprint

July 29, 2020 BY Steffy Bogdanova

Samtrade expands global footprint and secures FCA and ASIC licences

Sam Goh, Founder and CEO, Samtrade FX commented: Since incorporation, ensuring trust and confidence in every trade has been central in everything that we do. These added layers of regulation – on top of the existing licences that Samtrade FX already holds, reinforces our commitment toward setting the highest possible standards in corporate governance, trading…

July 27, 2020 BY Steffy Bogdanova

Brilliance Capital Management to pay $30K fine for unlicensed activities

The court discovered that in January 2013 BCM presented itself as a finance services company and advised on listing application, by entering into an Advisor Engagement Agreement while being unlicensed. The Hong Kong court also found that Law Sai Hung assisted and counselled in the licensing violations in his capacity as a director. Read More:…

July 27, 2020 BY Valentina Kirilova

Daily Market News: Gold hits record high, Bitcoin breaks $10,000

New quarantine rules threaten British airlines London-listed shares fell harder than their US counterparts last week, with the FTSE 100 ending 2.7% lower after sinking 1.4% on Friday. M&G and Vodafone were the two biggest losers on Friday, closing out the day 6% and 5.2% lower respectively. In addition to the factors that hurt US…

Tag: APAC