Regarding Bringans, the regulator stated: In banning Mr Bringans, ASIC found that he is not adequately trained and competent, that he is not a fit and proper person to provide financial services, and that he ignored one of his key duties as a responsible manager, which was to ensure that Sirius Financial complied with the…
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Hong Kong’s Financial Services and Treasury Bureau said in a statement: We recognise VA is here to stay, given how it has attracted attention of global investors and is increasingly viewed as a conduit for financial innovations, not to mention the future opportunities that will be opened up as VA moves into the areas of…
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Chief Business Development Officer of BlackBull Markets, Anish Lal said that he believes it important that investors are given the option to profit from the rising and falling of stock prices in the local market. He noted that this motivated the broker to seek out the development of these CFD products. Chief Business Development Officer…
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Most recently, Goh served as the Vice President of Trading Solutions Asia at New York-based KX for over a year. In her role at the company, she was responsible for the distribution of KX’s proprietary, kdb+ built multi-asset, algorithmic trading and real-time analytics applications across Asia. Before that, she was worked at Deutsche Börse for…
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The announcement comes after Invast Global established its first European office in Cyprus as part of its strategy to build a global network of distribution channels. The acquisition of GMO-Z.com will provide Invast Global with access to a deep pool of talent, particularly in the areas of quantitative trading and market making, as well as…
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ASIC Deputy Chair Sarah Court said: We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining, and that there have been periods of time where it was not possible to exchange Qoin tokens through independent exchanges. ASIC is particularly concerned about the alleged misrepresentation that the Qoin Facility is…
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Tim McCourt, Global Head of Equity and FX Products, CME Group, said: The addition of U.S. dollar-denominated TOPIX futures represents a natural extension of our Japanese index offerings as we aim to become the primary international venue for trading Japanese equity benchmark products. We are pleased to extend our partnership with JPX in launching this…
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Stephen Tudjman commented: I’m thrilled about the opportunity to join Invast Global and to work alongside a passionate and experienced team in an award-winning business that focuses on providing innovative client offerings. Gavin White, CEO of Invast Global added: Stephen’s wealth of experience, including over two decades at Ashurst, one of the most respected financial…
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The September FX activity was led by a 36% MoM surge in SGX USD/CNH futures to 1.6 million. SGX INR/USD futures also jumped 25% MoM and 26% YoY to 1.63 million contracts. Derivatives daily average volume (DDAV) increased to 1.05 million contracts, registering a 14% rise compared to August 2022. The exchange also achieved a…
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Coinbase has been working to increase its presence in the Lion City. Last year, the crypto company announced Singapore as a tech hub for Coinbase. Since then, the exchange has hired and trained product managers and engineers on Web3 technologies. The announcement further detailed that the team leading the firm’s venture business, Coinbase Ventures, has…
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