Tag: APAC

ASIC ban
February 22, 2023 BY Steffy Bogdanova

ASIC brings charges against third person involved in Courtenay House $180 million FX Ponzi scheme

The allegations against Sipina are related to Courtenay House's illegal activities, which took place between June 2015 and April 2017. The regulator called Courtenay House's operation, a Ponzi scheme. The court alleges that the group convinced at least 585 investors to invest more than $180 million based on false representations that their money would be…

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FTX
February 21, 2023 BY Steffy Bogdanova

FTX Japan resumes withdrawals of fiat and crypto assets

The parent company FTX stopped its operations in November last year after a public collapse and filed for bankruptcy along with 134 subsidiaries. Its Japanese arm’s business was suspended and was supposed to resume withdrawals in December. The exchange pointed out that there might be delays in the processing of the withdrawals due to the…

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Interactive Brokers
February 14, 2023 BY Steffy Bogdanova

Interactive Brokers introduces crypto trading in Hong Kong

Interactive Brokers Hong Kong’s new crypto trading has commissions of 0.20% - 0.30% of trade value, which also depends. Additionally, there is a $2.25 minimum per order charge with no added spreads or markups. David Friedland, Head of APAC at Interactive Brokers, said: Investor demand for digital assets continues to grow in Hong Kong and…

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February 13, 2023 BY Steffy Bogdanova

Ludovic Moncla joins VT Markets as Head of Affiliates

Moncla has served as an Affiliate Manager, Business Development Manager and Head of Sales for a range of finance companies. Additionally, he speaks French, English, Greek and Spanish. According to the official announcement, he is adept at driving cross-selling initiatives while recruiting affiliates with ease. Ludovic Moncla commented: I am thrilled to join VT Markets,…

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February 08, 2023 BY Steffy Bogdanova

Eightcap introduces a new AI-powered economic calendar

Alex Howard, CEO of Eightcap commented: By incorporating Acuity's cutting-edge AI technology into our platform, we are able to offer our clients a powerful new tool that will help them stay ahead of the markets. We are committed to providing an extensive range of tools and educational resources that will enhance our clients' trading experience…

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Interactive Brokers
February 07, 2023 BY Steffy Bogdanova

Interactive Brokers launch stock yield enhancement program in Australia

Once Interactive Brokers Australia receives permission to enter into SYEP Derivatives, the company will manage everything from there. The firm will examine clients' stock portfolios and enter into SYEP Derivatives with eligible clients, depositing cash collateral in their accounts and paying them a fee reflected as interest. The American automated global electronic broker highlighted the…

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