Coronavirus prompts OANDA Japan employees to work from home

Maria Nikolova

Many of the employees and managers of the brokerage work from home in response to the risks associated with the spreading of the new coronavirus.

Online trading company OANDA Japan today published a notice on its website regarding the arrangements implemented in response to the risks associated with the spreading of the new coronavirus.

The broker explains that half of its executives and employees work from home because of the outbreak of the new coronavirus. There are no problems for conducting the daily work with regards to that, the company says.

However, if the virus spreads more widely, it may take longer than usual to open an account, so OANDA Japan is asking its clients for understanding.

Other Japanese businesses have also implemented measures in response to the new coronavirus outbreak. GMO Internet has also advised its employees to work from home, and is now publishing the latest information about the virus on a dedicated webpage.

On February 19, 2020, Japan Exchange Group (JPX) announced that, in light of recent developments in the novel coronavirus outbreak, it is suspending public seminars and events and visits to its visitor facilities for the time being. Persons who have registered for JPX seminars or events, or made visit reservations will be contacted separately.

Read this next

Digital Assets

Luxembourg’s regulator warns on false regulation of Crypto Capital Profits

The regulator of Luxembourg’s financial markets, the Commission de Surveillance du Secteur Financier (CSSF), has warned that a firm claiming to be authorized under the name Crypto Capital Profits is in fact not licensed to carry out business from within its jurisdiction.

Institutional FX

FINRA fines Wedbush $900K over reporting violations

The Financial Industry Regulatory Authority continues to take disciplinary actions against financial services firms for providing inaccurate securities trading information.

Digital Assets

Bitkub investigated by Thai regulator in ‘wash trading’ case

Thailand’s Securities and Exchange Commission has targeted Bitkub over allegations of inaccurate reporting and wash trading on its cryptocurrency platform.

Crypto Insider

Crypto.com secures approval to launch its services in France

Crypto.com has registered its cryptocurrency services with the dual regulatory structure in France, which includes the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Inside View

How to offer iOS compliant trading apps? Editorial by Chris Rowe

Webtraders are becoming increasingly important for FX and CFD brokers as more and more of their clients are trading using their mobiles. 

Institutional FX

SpiderRock deploys Eventus trade surveillance for futures and options offering

“As we have begun to provide direct market access as a routing broker and grown in our futures offering, which is subject to a different regulator, we wanted to make sure we chose a trade surveillance platform that has all the tools that we need, a format we can review easily, and capabilities to demonstrate to regulators that we have the proper trade surveillance procedures in place. Validus checks all the boxes for us.”

Industry News

Space and Time raises $20 million to grow its decentralized data warehouse

“We look forward to seeing the ways in which Space and Time will allow the business logic in centralized systems to be automated and connected directly to smart contracts.”

Digital Assets

Mastercard, hi app partner to issue cards with NFT avatars

In partnership with Mastercard, crypto and fiat financial app hi is launching what it calls “the world’s first debit card featuring NFT avatar customization.”

Digital Assets

Wirex to support government of Uzbekistan to adopt blockchain

“We’re excited to work alongside the Uzbekistan Direct Investment Fund in order to help the sector thrive, enrich the financial ecosystem there and set a benchmark for other countries, and ultimately expand.”

<