Japanese online trading company Monex, Inc, a subsidiary of Monex Group, Inc (TYO:8698), will officially launch wealth management services on Monday, October 18, 2021(tentative), under the newly established Private Wealth Department. Monex has been offering in-person consultation to its customers through independent financial advisors (IFA). In this way, Monex’s extensive product line-up as well as…
Leading Forex and CFD broker IC Markets has announced that it has added five new cryptocurrencies to its market leading offering. The new additions are in response to a surge in demand from investors trading cryptocurrency CFDs on the IC Markets platform. From 15th October, IC Markets will be offering digital currency CFDs on Binance…
Read More “IC Markets boosts crypto offering with 5 new products including Cardano and Tezos” »
New Zealand’s Financial Markets Authority (FMA) has formally censured Jarden Securities Limited for contraventions by OM Financial Limited (OMF) as a licensed derivatives issuer (DI). OMF co-mingled derivative investor money with its own money, a breach of its DI obligations. OMF amalgamated with Jarden in March 2021, so the amalgamated entity inherited the property, rights…
Read More “New Zealand’s FMA censures Jarden Securities for license breaches by OMF” »
The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. We’re finally in taper territory. All market activity across assets and around the world seems to be in response to the US Fed’s tapering plans. The Fed has been purchasing $80 billion in treasuries and $40 billion in…
Read More “The Real Impact of the US Fed’s Stimulus Tapering” »
Exchange technology pioneer Exberry has announced that it is providing its “Marketplace as a Service” technology at the heart of ProMEX, the digital marketplace for physical commodities. The new technology partnership will enable ProMEX to create new products and markets at speed, and securely offer trading in a wide variety of commodities in new ways….
Read More “ProMEX selects Exberry core matching engine for commodities digital marketplace” »
Taskize, a provider of inter-company workflow to the financial services industry, today announced the appointment of Philip Slavin as Chief Executive Officer, effective 1 November. Mr Slavin succeeds John O’Hara who co-founded the firm with Mr Slavin in 2012. Mr O’Hara will remain on the Board as a Strategic Advisor. Philip Slavin
Shiba Inu is now available on eToro. Designed as a cryptoasset to support a fan-favorite breed, SHIB is one of the first cryptos to actually give back to charity. Unlike $BTC’s limited supply, SHIB has a circulating supply of one quadrillion, and it is represented on eToro as “Shiba (in millions)”, which is a “lot”…
The Financial Markets Authority (FMA) of New Zealand today issued new guidance on how firms should be advertising financial products. The regulator consulted on proposed guidance on advertising last year. The final guidance, published today, reflects feedback from consultation and sets out three key principles for organisations to consider when advertising financial products or services:…
Read More “NZ regulator issues guidance on advertising of financial products” »
The Australian Securities and Investments Commission (ASIC) has written to CEOs of public companies, large proprietary companies and trustees of registrable superannuation entities (RSEs) urging them to review their whistleblower policies to ensure they comply with the law. Since 1 January 2020, the Corporations Act 2001 (Corporations Act) has required public companies, large proprietary companies,…
Read More “ASIC urges Australian CEOs to review whistleblower policies” »
Standard Chartered and Atome Financial have announced a 10-year multi-product strategic partnership, combining their strengths in finance and technology to deliver a wide range of financial services to consumers and merchants across key markets in Asia. Atome Financial is a business unit under Advance Intelligence Group, which recently closed a USD 400M+ Series D financing…
Read More “StanChart partners with Atome Financial on mobile-first fin services in Asia” »
