Finalto Expands its Bullion Offering with the Introduction of Gold Yen

FinanceFeeds Editorial Team

Finalto, a leading financial services provider, extends its bullion offering by introducing the Gold Yen (XAUJPY), a new synthetic instrument catering to the Asian market. It allows clients to hedge their gold positions quoted in Japanese Yen.


Finalto, a renowned name in financial services, is expanding its bullion offering by including a new synthetic instrument based on the Japanese Yen. Named Gold Yen (XAUJPY), this instrument has been developed as a fresh addition to the company’s precious metals offering.

The Gold Yen is designed to cater to the needs of the Asian market, particularly for investors in Japan, Singapore, and Australia. This novel asset allows clients to hedge their gold positions quoted in Japanese Yen. It signifies a strategic move for Finalto, presenting clients with a unique opportunity to trade gold in the thriving Asian market.

Alex MacKinnon, CEO of Finalto Asia, emphasized the significance of this latest addition, saying, “This addition to our bullion offering cements Finalto’s position as a leading liquidity provider. We are equipped to quickly recognize client needs, uniquely positioned to react, innovate, and implement updates.” MacKinnon further stressed Finalto’s ongoing commitment to the Asian region.

Finalto’s launch of Gold Yen is a testament to its broader strategy of enhancing its global presence and improving outcomes for its clients worldwide. In line with this strategy, the company recently launched its data centers in New York and Singapore, enabling it to serve its customers better, irrespective of their geographical location.

Alex MacKinnon, CEO of Finalto Asia
Alex MacKinnon, CEO of Finalto Asia

Alex MacKinnon will attend the Asia Pacific Precious Metals Conference (APPMC), scheduled for June 4-6 in Singapore. The conference serves as a platform for leaders in the precious metals industry to interact, share insights, and discuss prospects in the Asian market.

Those interested in meeting Alex MacKinnon at the event can arrange a meeting through the provided link: Schedule Meeting.

The launch of the Gold Yen is yet another example of Finalto’s innovative approach to providing value for its clients and its firm commitment to the Asian region. As Finalto continues introducing unique products like the Gold Yen, its position as a leading liquidity provider in the global bullion market is further solidified.

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.


Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.