A combination of ten Japanese and Hong Kong financial institutions, one of which is Monex Group, have established a new bank in Hong Kong named Nippon Wealth Limited, to provide wealth management services to individual clients
Read moreHKSFC licensed corporations are now authorized to solicit and accept orders and funds directly from U.S. customers for trading on any exchange subject to the HKSFC’s oversight without having to register with the CFTC as futures commission merchants (FCMs)
Read more"Our focus on improving the situation for our clients has been a real journey! We wanted to improve the internet experience for our Asian customers, without giving each of them private lines." - Ole Rossing, CIO, CFH Systems
Read moreDeepening it's presence in Greater China, Singapore Exchange (SGX) today opened its new Hong Kong office, which is registered as Singapore Exchange Derivatives Trading Limited (SGX-DT). Mr. Chew Sutat, Executive Vice President of SGX, hosted the office opening and reiterated SGX’s continued focus and commitment to its operations in Greater China. “With its strategic location…
Read moreIn the wake of European market turmoil, exchanges and venues in Japan, China and Hong Kong, with the backing of global regulators, are busily adding products to their ranges which aim to attract European, Middle Eastern and American retail and institutional traders to increasingly strong markets. LeapRate takes a detailed look at the developments
Read moreKVB Kunlun Financial Group Ltd (HKG:8077), the Hong Kong-focused retail Forex broker, issued an update on trading in its shares earlier today. No major piece of news was announced, with the broker simply stating that trading in its shares will remain suspended until it prepares the official release of a deal with the purchaser. KVB…
Read moreFXCM Asia Limited, the Hong Kong-based subsidiary of FXCM Holdings LLC, has sent its clients emails, informing them of changes to their client agreements. The changes concern the sensitive issue of negative account balance protection: according to the revision, clients of the Forex broker will be made fully responsible for any debit balances on their…
Read moreEarlier today it became clear that Andrey Dashin, chairman of the Board of Directors of Alpari RU, has completed the deal for getting intellectual ownership rights over the brand. This means that he now has the intellectual property rights for the trademarks Alpari, the domain names, with these ownership rights spanning over 60 countries. The latter…
Read moreHong Kong based Ortus Capital Management is preparing to launch a new fund in March to try to win back investors who left the $1 billion hedge fund company after deep losses in its main fund in 2012 and 2013. Nishant Kumar from Reuters broke the news earlier today... Ortus, run by former Lehman Brothers proprietary trader Joe…
Read moreChina's CITIC has agreed to buy Li Zhi Da's 60% stake in KVB. Next - an offer for the public shareholders.
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