Prior to his new position as Head of Liquidity Asia, Lim has supervised the implementation of SG1 eFX to provide Asian clients with optimised pricing and enhanced liquidity. This expansion is similar to Finalto’s recent expansion into New York and Singaporean data centres. Kenneth Lim commented: I am absolutely thrilled to be embarking on this…
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White stated that the current conditions have presented significant challenges for broker-dealers, emerging hedge funds, and family offices in their efforts to access essential markets and services required to maintain competitiveness in an industry where performance is key. As a result, there is a growing interest in independent prime service providers who possess the necessary…
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MacKinnon added: In addition to local latency decreases, Singapore is a welcome addition to our global network, acting as a fallback venue for execution in the unlikely event of downtime in London or New York. With access to global liquidity sources, our clients can select the geographical centres that best meet their requirements. The official…
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Throughout his career, Ong has accumulated an extensive experience in many niches across the brokerage world. Prior to joining Tools for Brokers, he has served as a team lead, a business development manager, and a COO. Between 2013 and 2017 he also co-founded two companies and was instrumental in growing a brokerage from its inception…
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$1.25 Resistance? Out of the H1 timeframe, I see the unit elbowed through $1.25 recently and is poised to retest the lower boundary as resistance. I know some traders will be watching the structure to the left of the price between $1.2427 and $1.2453 to form potential support (blue curve), though trendline support taken from…
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Kris Marszalek, CEO of Crypto.com, said: The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector. We are proud to receive the licence from a regulator that prioritizes consumer protection, safety, and security. We look forward to continuing to collaborate with MAS and leading at…
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Simon Blackledge, CEO of BidX Markets, said: BidX Markets is dedicated to providing exceptional trading experiences and innovative solutions to financial institutions. We are delighted to welcome Elizabeth to our team. With her proven track record in liquidity management and a deep understanding of the Forex, CFD and crypto markets, we are confident that Elizabeth…
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ASIC stated: The registration requirement is new. It is separate, and in addition to, the pre-existing requirements for an AFS licensee to appoint a relevant provider to the Financial Advisers Register after they have been authorised. Provisional Relevant Providers cannot be registered. The requirement for registration of financial advisers was introduced in 2021 in response…
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Short-Term Support Breach? While the bigger picture (daily chart) displays room to push lower, H1 support at $1,945 is vulnerable. Overhead resistance at $1,955 remains on the radar, but the zone surrounding the base (often recommended to draw support/resistance as a zone rather than a defined price point) has been tested. Therefore, a decisive H1…
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Launched in 1999, Yieldbroker operates an institutional and wholesale marketplace (D2C and D2D) for domestic customers in Australian and New Zealand debt securities. The official announcement detailed that the trading platform facilitates trading of about A$6 trillion annually. Tradeweb further stated that the acquisition would allow it to boost market efficiency. It would grant Australian…
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