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HSBC has opened access to online trading for private banking clients in Asia as part of $100 million of investment in its core banking and digital platforms in the coming two years. HSBC Private Banking has launched its online trading platform in Asia,…
The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs, and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is…
Two Chinese online brokerages backed by major tech titans shared plans about expanding into crypto trading in the midst of a domestic crackdown. Tencent-backed Futu and Xiaomi-backed Tiger Brokers both unveiled crypto trading plans in their latest quarterly…
Saxo Markets customers in Singapore will be able to trade in major cryptocurrencies as FX spot pairs. The online trading and investment platform’s new cryptocurrency offering enables customers to trade bitcoin, ethereum and litecoin against EUR, USD, and JPY…
The bank, which made its first deal on the platform last year, has moved from Contour’s beta network to its production network. DBS will offer streamlined digital letters of credit transactions, including the transfer of electronic trade and title documents,…
Vietnam’s trade with China rose by 14 percent last year to $133.09 billion, making it the latter’s sixth-largest trading partner. Its exports to China grew by 18 percent to $48.9 billion, and imports by 12 percent to $84.1 billion, according to the Ministry…
The Tokyo Stock Exchange (TSE) has resumed regular operations on Friday after a technical outage that lasted all day Thursday. TSE is currently planning to replace the hardware and taking steps, including other maintenance, to ensure normal trading from…
The platform is the company’s fourth global currency pricing, following others in London, Tokyo, and New York. Goldman Sachs will be launching a foreign-exchange (FX) trading and pricing engine in Singapore, planned for the first quarter of 2021, the company…
The VN-Index edged up 0.14 percent to 897.47 points Wednesday, with trading volume significantly down compared to the last several sessions. The Ho Chi Minh Stock Exchange (HoSE), on which the VN-Index is based, saw a fairly balanced session with 183 stocks…
Barclays’ head foreign exchange trading in Asia Pacific will reportedly exit just 18 months after joining the British bank. Pritpal Gill, head of G10 FX and FX options trading in the region, has been let go by Barclays, according to a report citing unnamed…
Learn to Trade Online- It’s an Intricate Affair Trading online may not be as easy as you think. Also, it is riskier than many perceive it to be, especially if you are involved in guess work, and haven’t done your homework. Many of us have capitalized on…
Developed by the bank’s Digital Asset Management department, the application is the first third-party app from a China-based financial institution on the Eikon platform. Bank of China is launching DeepFX, an AI-based forex trading prediction application…
South Korean convenience-store operator BGF Retail has been fined for pushing exorbitant sales promotion costs onto its suppliers. The firm was ordered to pay KRW1.67 billion (US$1.4 million) for its breach of the Act on Fair Transactions in Large Retail…
Citi will drop links to two-thirds of the existing foreign exchange platforms it is using, in a move to consolidate technology and reduce costs. Citi will reduce the number of FX platforms it uses from 45 to 15 by the first quarter of 2020, citing anonymous…
The bank is part of a $1.24 billion lawsuit by investors who want damages back following a scandal over rigging currency exchange markets. It revives another scandal from UBS’ past. The Swiss-based bank is one of five major foreign exchange dealers hit by a 1…
Alibaba executive chairman Joe Tsai told analysts the company’s position as “China’s number-one platform for overseas brands” puts it on the right side of the trade war between the US and China. While discussing the group’s recent full-year results, which saw…
