Busy week for FCA regulated CFH Clearing, TradeTech Group’s liquidity provider and Prime of Prime brokerage, as it has just announced that it has extended its single stock CFD product range with a wide selection of additional stocks from the US, Europe, Hong Kong and Australia. LeapRate reminds that earlier this year, CFH launched single…
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Australian regulator ASIC has announced earlier today that it has cancelled the Australian financial services (AFS) licence of Sydney-based financial services provider KP International Group Australia Pty Ltd, effective 22 November 2019. This is not the first time ASIC suspends the company's licence, it was previously suspended until 23 September 2020. KP International Group Australia…
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The Hong Kong protests have pushed investors from around the globe to pull out nearly $5 billion in funds since April 2019, as reported by the Financial Times and the Bank of England. What is staggering is that this amount represents 1.3% of the GDP of Hong Kong. The data comes from Refinitiv, the Bank…
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The tension between the United States and China has started to slowly decrease. And such tension ebb is affecting the global stock market in a very positive way, as noted by the Financial Times. On Monday, December 16, global stocks saw new record highs. The primary reason was that China and the US de-escalated the…
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Saxo Bank has just announced that it has teamed up with Geely Sweden Holdings AB, a subsidiary of Zhejiang Geely Holding Group Co. Ltd, to establish a technological joint venture (JV). The two companies will now provide financial and regulatory technology solutions to financial institutions such as banks and fintechs in China. The ownership structure…
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The Sydney Stock Exchange (SSX), Australia’s alternative tier-one listing venue, has today announced its new CEO, Michael Go. The exchange has also accepted its first listing applications from Australian cleantech energy company AGEO Resources and Australian medical technology company ANNSCA Medical. Michael Go joins the SSX from an international career in finance. He said the…
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The following article was submitted by Michael Stark, market analyst at Exness. Positivity dominated in many markets on Monday morning GMT after the USA and China had reached a preliminary trade deal at the end of last week. The two countries held separate press conferences on Friday to announce that they’d achieved what the media are calling…
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Multi-asset prime broker Invast Global has just announced that it has expanded its suite of Index & Commodity CFDs by releasing two new Cash Oil CFDs: Brent Crude Oil (Cash) and WTI Crude Oil (Cash), as well as 6 new Equity Index CFDs: Japan 225 (USD settled), US 2000, Netherlands 25, Swiss 20, India 50…
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Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, has today announced that it has teamed up with Bangkok-based broker and subsidiary of SBI Group, SBI Thai Online. TT will now be able to distribute the TT platform to the firm’s client base. Through this agreement, SBI…
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Global financial education company, FX1 International has just announced that it has registered its trademark in Singapore, Vietnam, Indonesia, Thailand and the Philippines. The latest registration marks FX1 International’s steady expansion across the region, where it will look to engage clients via a suite of offerings which include seminars, online education, books and a trading…
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