It may be the end of the listing road for the embattled trading firm Ayondo, which said on Friday that it is reviewing a notice of delisting from the Singapore Exchange (SGX) and intends to make an appeal.
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SGX, one of the largest multi-asset and FX derivatives marketplaces in Asia, has announced that it has acquired MaxxTrader to expand its reach into the FX Over The Counter (OTC) markets.
XTX Execution Algo went live on BidFX during 2020 in an initially targeted client roll-out.
Mr. de Win joined SGX from Goldman Sachs, where he was Managing Director in Hong Kong, heading Southeast Asia Financial Institutions and Fintech (Asia ex-Japan).
The new capabilities will help automate the extraction of data that can then be used to compute certain indicators of financial risks.
SGX acquired BidFX from TradingScreen 2020, having paid $25 million for a 20% stake in 2019. The remaining 80% stake was priced at $128 million. The deal allowed SGX to expand its reach beyond FX futures into the global FX over the counter (OTC) market.
The platform addresses common challenges faced by companies and investors such as lack of comparability, changing investors’ demand, as well as the evolving business landscape and regulations.
Single Stock DLCs are structured products offering investors fixed leverage of 5 times the daily performance of the underlying stock.
This is Beeks’ first point of presence in Singapore and provides Beeks’ clients with greater access to Asian markets.
Binance said on Thursday it had appointed a former DFSA executive as its chief regulatory liaison, part of an attempt by the world’s largest crypto exchange to undo regulatory red flags and reinvent itself as a regulated financial firm.
Binance, the world’s largest cryptocurrency exchange platform, has responded to a warning by Singapore’s regulator by entirely halting its trading and payment services in the city-state.
Finalto a global B2B multi-asset liquidity and clearing broker partners with institutional FX technology solutions provider BidFX to expand its FX and Precious metals distribution.
Binance, the world’s largest cryptocurrency exchange, was placed on the Investor Alert List of Singapore’s financial regulator after the country’s central bank found it to be in breach of local laws.
“Colt’s stable, reliable and low latency connectivity has been trusted and certified by its financial customers for over 20 years. The ability to subscribe to these exchange data feeds in a secure, fast and reliable manner is critical to their trading needs”.
“Binance is not only a leader in technology innovation — we will also be a leader in regulatory compliance. Having Richard joining us is a big step in that direction.”
The firm also appointed Cecilia Chan as its Executive Director and Head of FX. Ms. Chan joins Broctagon from Singapore Exchange, where she was Vice President.
The exchange will facilitate the sale of large-scale high-quality carbon credits through standardized contracts – catering primarily to multinational corporations (MNCs) and institutional investors.
Mr. Wong was charged with creating misleading appearances with respect to the price of Gaylin shares on 17 occasions from 11 November 2015 to 25 October 2016. He was also convicted for deceiving UOB Kay Hian Private Limited (UOBKH) by not disclosing his 50 percent beneficial interest in Gaylin shares bought using a UOBKH trading account belonging to another individual.
FactSet will integrate OneConnect’s AI-powered ESG content sets into its workstations, standard data feed, and APIs to make available ESG metrics for over 3,500 Chinese class A-share companies.