Tag: APAC

TMGM AFF Suzuki Cup partnership
November 10, 2021 BY Steffy Bogdanova

TMGM becomes official sponsor of AFF Suzuki Cup

The CFD broker will also have presence at the Fan Village where football fans can compete for the chance to win exclusive merchandise. TMGM Head of Sponsorship Jasmyna Mercer revealed: TMGM will launch the brand’s new mascot ‘Max the Globe’ in a series of online videos. “Attendees at the Fan Village will be able to…

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ASIC
November 09, 2021 BY Steffy Bogdanova

ASIC warns companies against collaborations financial influencers

Only individuals or corporations who hold Australian Financial Services (AFS) licence can provide financial advice by law. Most finfluencers do not hold such licence and if they are found to be running a financial services business without being authorised representatives of an AFS licensee, they may be in breach of the Corporations Act 2001. And…

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SGX
November 05, 2021 BY Steffy Bogdanova

SGX partners with DataBP to roll out SGX Data Direct

DataBP’s platform supports the quick addition of new products and the scalability to enable the diversification of subscribers and vendor relationships. Joyce Tan, Head of Market Data Development & Delivery at SGX, said: Our partnership with DataBP and the inception of SGX Data Direct offers a direct online channel of engagement with our end-clients.  It…

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ASIC
October 29, 2021 BY Steffy Bogdanova

ASIC announces regulatory guidance on crypto products

The new regulatory guidance follows ASIC’s public consultation on crypto-assets in June 2021. The new guidelines include good practices for market operators and information on admission and monitoring standards, custody of crypto-assets, pricing methodologies, disclosure and risk management. Armour added: The good practices we published provide practical examples of how these obligations may be met,…

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Refinitiv
October 28, 2021 BY Steffy Bogdanova

Refinitiv releases regulated Tokyo Swap Rate

Jacob Rank-Broadley, Head of LIBOR Transition, Benchmarks & Indices at LSEG, said: As the global financial markets migrate away from LIBOR, the launch of our Tokyo Swap Rate (for swaps referencing TONA) serves as a critical step to facilitate this transition to the new market convention. Now more than ever the industry requires robust and…

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October 26, 2021 BY Steffy Bogdanova

Deutsche Bank’s Singapore e-FX trading hub goes live

Deutsche Bank highlighted its growing presence in the APAC region, moving up the list of the top-ranked liquidity providers in APAC in Euromoney’s annual FX Survey. Chris Bezuidenhout, CIO for Corporate & Investment Bank in APAC and Global Emerging Markets said: We continue to invest in sharpening our technology to ensure that our electronic offering…

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Saxo Markets HK
October 25, 2021 BY Steffy Bogdanova

Saxo Markets obtains SFC Type 4 and Type 9 licenses in Hong Kong

Saxo Markets’ fintech background and understanding of the local market will allow the company to provide a more personalised asset management options to investors at a lower fee threshold. Head of Wealth Management and Responsible Officer of Saxo Markets, Lester Chan said: Investors in Hong Kong now are very much digital-savvy. They are looking for…

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October 25, 2021 BY Steffy Bogdanova

HSBC’s Q3 profits reach $5.4 billion

HSBC’s outlook for revenue remains positive with expectations to see growth, moving forward. The company also noted that it remains committed to the ESG agenda and continues to make progress. Quinn continued: While we retain a cautious outlook on the external risk environment, we believe that the lows of recent quarters are behind us. This…

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