HKEX Chief Executive Charles Li commented: I am very delighted to welcome Richard to HKEX to lead our critical risk management function. He brings to the Group nearly three decades of experience in financial markets, and will work across the business to ensure that our risk culture, policies and procedures are front and central in…
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The launch of the platform is a great addition for a financial institution that offers OTC FX and FX exchange-traded derivatives in SGX with close to zero latency. Marcus Goi, Chief Executive Officer of Orient Futures Singapore explained: With quantum leaps in computing technology, functionalities of trading platforms are ever expanding. On the other hand,…
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The New Zealand watchdog advises caution when dealing with the entity Unitex Capital Limited because of concerns it may be involved in a scam. The FMA found that Marketing Giant is not a registered financial service provider in New Zealand. The FMA advises caution when dealing with Intrgroups/Intragroup. The FCA in the UK and the Financial…
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Equity Options Single stock options average daily contracts traded fell by 17% and index options average daily contracts traded were down 47% on the pcp.. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.1 billion, compared to $11.3 billion the previous year. Settlement The value of securities held in CHESS dropped 1%…
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The Australian watchdog found that Bigatton provided unlicensed financial product advice. His conduct was also misleading and deceiving in promotion of BitConnect and the BitConnect Lending Platform. The Commission stated that Bigatton is not fit to provide financial services or adequately trained. Read More: ASIC bans Brisbane finance broker and cancels the license of Global…
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Much of the AUM is currently captured by asset managers based in the US and the Europe, Middle East, and Africa (EMEA) region. However, Asia is well-positioned to raise its share of this global AUM. The Asian fiat-crypto trading pairs now account for 43% of total global spot volumes. In the past four years GX…
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Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 9,860 (-37.3% MoM / -82.2% YoY) and its average daily volume was 493. Items Aug 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Total of Interest Rate Futures contracts 9,860 493 -37.3% -82.2% Three-month Euroyen futures 9,860 493…
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New Zealand’s National Cyber Security Centre issued a general security advisory warning of DoS attacks affecting entities in New Zealand. The NZX was forced to suspend trading last week because of the cyber attacks but today it is trading under an arrangement with the New Zealand Financial Markets Authority to keep trading even if its…
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Without approval from the settlor, Lo attached a signature from the settlor she obtained from a scanned version of a previous signed letter. She submitted it to the trustee as a normal valid document. The Hong Kong watchdog considers Lo’s conduct dishonest, however it takes into account she has a clean disciplinary record so far.…
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GF Securities will partner with SGX through its wealth management and asset management businesses so together can engage institutional investors in both Chinese and Singapore markets. Loh Boon Chye, CEO of SGX, commented: We look forward to deepening our cooperation and relationship with GF Securities, whom we have worked closely with in the past decade.…
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