SGX reported derivatives traded volume saw a marginal rise of 4% in August to 20.4 million contracts. Derivatives' daily average volume (DDAV) reached 921,170 contracts, registering a 2% increase compared to the same period last year. Securities growth Securities market turnover jumped to S$24.3 billion in August, a 35% rise compared to the previous month.…
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The Aussie regulator said: The financial requirements aim to ensure Australian financial services licensees have adequate financial resources to operate their business in compliance with the Corporations Act 2001, and to manage the operational risks inherent in the OTC derivatives market. Minimizing risk to retail traders ASIC has been bringing restrictions to protect retail traders.…
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Sergei Gruzin commented: We are excited about the new office in Singapore. It is a very important financial center, and we want to ensure we’re available for face-to-face meetings with clients and partners. We believe the new office will support us in providing top-quality service to our local clients and will help us grow and…
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Background Before he joined AMP, Bradshaw held various senior roles in Tier 1 investment banks, fintech, digital assets and asset management in the APAC region in Australia, Japan, Singapore and Hong Kong. According to the official announcement, his vast experience in Prime Services and specifically on global Hedge Funds positions him to work with Invast…
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Darwish has been promoted to the role after more than three years as the firm's Global Head of Brokerage. In that role, he was responsible for developing the brokerage's institutional and retail client base. "Alla has been a great asset to the company over the years, his hard work and dedication along with his track…
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The broker said in the official announcement: The US N100 index used to have a minimum trading unit of 1, which meant that traders would need to pay at least 176,951 yen to trade it. However, the minimum trading unit has now been changed to 0.01, so trades can be made from JPY 1,770. Additionally,…
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Anish Lal, Chief Business Development Officer at BlackBull Markets, was the one pushing for the partnership, the press release detailed. The move was in response to client interest. Anish Lal commented: Many clients are already avid fans of TradingView and have been asking for the option to trade inside the platform for some time. We…
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Robbie McDonnell said: Eventus has been growing by leaps and bounds, with industry-leading technology for trade surveillance and management of market risk. The firm is helping financial institutions navigate an ever-changing and complex marketplace with an easy-to-use platform they can easily customize to their unique needs. I’m just delighted to be part of the next…
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Squillacioti has twenty years of industry and management experience. She joins INFINOX from BDSwiss, where she served as Head of Asia. She also spent two and a half years at BlackBull Markets as Managing Director, China. Previously based in Shanghai, Squillacioti will be joining INFINOX’s Dubai office. Robert Berkeley, CEO of INFINOX, said: Sophie’s addition…
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ASIC will also monitor two of ASX subsidiaries, ASX Clear and ASX Settlement, and their compliance with the additional license conditions, imposed in November 2021, following an outage on the stock trading platform. The official corporate plan stated: We will also analyse and assess the ASX operating rules changes necessary for the CHESS replacement, and…
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