Singapore Exchange (SGX) just announced that it has launched methanol futures and swap contracts to help methanol producers, traders and downstream users manage risk and improve price discovery amid rising demand. Both new features (SGX Platts Methanol CFR China Swap and the SGX Platts Methanol CFR China Futures) will be listed with 12 consecutive contract…
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Australian Securities Exchange (ASX) has announced that it has teamed up with S&P Dow Jones Indices (S&PDJI) to launch the S&P/ASX All Technology Index (All Tech Index), ahead of its go-live on Monday, 24 February. The new index captures ASX-listed companies in the fast-growing technology sector. ASX CEO and Managing Director, Dominic Stevens, said that…
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Investment industry leaders from New Zealand were gathered in Auckland last night to debate whether passive or active fund management was best. The debate was hosted by Financial Markets Authority (FMA), on topic: ‘passive management gives investors the best outcome’. Most KiwiSaver funds and managed funds in New Zealand favor active management, however passive management…
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SL Markets appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. The company's website states that it uses National Cloud Service Co Limited’s financial service provider registration details. However, SL Markets is not associated with the New Zealand incorporated company National Cloud Service Co Limited. SL Markets also claims its operations are…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 19, 2020. This is not a trading advice. See details below: FOREX The Pound is on a winning streak, despite the uncertainty generated by an increasingly bleak outlook for the negotiations between the UK and the EU, for a post-Brexit deal. Following yesterday’s…
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Channel New Asia reported yesterday that Pareto SG Pte Ltd, Pareto International Holdings Limited and Veritas Global Exchange are under investigation by the Commercial Affairs Department of the Singapore Police for involvement in an investment scheme. The companies are investigated for possible breaches and offences under the Penal Code and the Securities and Futures Act,…
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IOS Investments Limited appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. Complaints have been filed against the company from individual who have invested in IOS after seeing interviews with high profile New Zealand citizens stating that they invested in bitcoin with the same company. One of those high…
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St. Vincent-based brokerage Fullerton Markets announced its new addition for alternative funds transfer via digital wallet. The company added a new cryptocurrency channel to its existing options of deposits and withdrawal methods. The cryptocurrency channel works with Bitcoin, Bitcoin Cash, Binance Coin, Bitcoin SV, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, NEO, OmiseGO and Tron. All clients…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 17, 2020. This is not a trading advice. See details below: FOREX The big foreign exchange news of the day concerns the euro and its performance against the dollar. During the early Monday session the single currency gained almost 0.1% against the greenback.…
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CLS announced today that Metrobank just joined CLSSettlement as a third-party participant. Metrobank is the first Philippine bank to access CLS’s settlement service and UBS, a CLSSettlement member, will provide access to Metrobank. The increase in third-party participation in CLSSettlement throughout the region has been driven by a number of factors: since 2018, the overall…
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