Tag: APAC

Saxo Bank and Geely Holding Group establish fintech joint venture serving the China market
January 28, 2019 BY Valentina Kirilova

PRC regulators take further actions to open up China's futures markets

Dalian Commodity Exchange (DCE) and China Financial Futures Exchange (CFFEX) have just announced that they had been officially recognized by the China Securities Regulatory Commission (CSRC) as qualifying central counterparties (QCCPs). DCE, CFFEX as well as other major futures exchanges in China have been performing the function of central counterparties in futures trading. According to…

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Huobi DM volumes
January 23, 2019 BY Mariela Naydenova

Huobi Japan is now a fully-regulated crypto exchange

Huobi Japan is now a wholly-regulated crypto exchange, supervised by the Financial Services Agency in Japan. The cryptocurrency exchange was created through a merger between Huobi Group and BitTrade. The Founder and CEO of Huobi Group commented on the milestone: This is an important milestone for us," said Leon Li, Huobi Group Founder and CEO. "Firstly,…

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hkex
January 17, 2019 BY Valentina Kirilova

Prime broker Invast Global expands to Hong Kong

Sydney, Australia based boutique prime broker Invast Global has just announced that has opened a new Hong Kong office. Senior Executive Marcus Fung, who has been with Invast since 2013, will lead the Hong Kong business as its CEO. Invast Global has committed to the FX Global Code of Conduct back in June 2018. The…

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Daily Market analysis
January 14, 2019 BY Valentina Kirilova

Daily Market News: China market slowdown

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 14, 2019. Highlights include: Look Beyond Crypto Price: Savvy investors in emerging industries should look at job growth to understand the overall landscape. Blockchain development jobs are in high demand. China Market Slowdown: Export…

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Terra launches Mongolia’s first ever blockchain payment system
January 10, 2019 BY Valentina Kirilova

Terra launches Mongolia’s first ever blockchain payment system

Terra, the blockchain company building a payment system powered by its stablecoin, has just announced that it has teamed up with Mongolia’s capital city of Ulaanbaatar. The partnership's aim is to utilize Terra's blockchain technology and change how Mongolian citizens pay for goods and services, as well as to reform the largely cash-based infrastructure of Mongolia…

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moex moscow exchange
November 26, 2018 BY Valentina Kirilova

MOEX signs MoU with China International Capital Corporation

Moscow Exchange (MOEX) has announced that it has signed a Memorandum of Understanding with China International Capital Corporation (CICC), one of the largest investment banks in China. The agreement happened last Friday and aims to strengthen cooperation between Russia and China to promote investment and develop the offshore Chinese yuan market in Russia. The MoU…

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avelacom
November 20, 2018 BY Valentina Kirilova

Avelacom opens new Singapore office managed by Gabriel Bassas

Global connectivity provider Avelacom has just announced that it has opened a new office in Singapore, managed by Gabriel Bassas, VP Sales for APAC. In the past year Avelacom has seen double-digit growth in new business volumes coming from the APAC region, driven by clients demanding professional-grade connectivity services between APAC venues and exchanges, and to…

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usgfx uk
November 19, 2018 BY LeapRate Staff

Exclusive: Australia Retail FX broker USGFX gets UK FCA license

LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…

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