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Tag: fx

Retail Asia31/12/2019
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Finance

Global Christmas break can boost Vietnam stock market

4min0
Global stock markets closing for Christmas break on Wednesday could reduce selling pressure from foreign investors and help the VN-Index recover, analysts say. With foreign investors have been net sellers for the majority of sessions in December, the Christmas break could ease selling pressure and help the VN-Index reach 958-961 points in the first few […]
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Retail Asia29/11/2019
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Finance

Shanghai-Frankfurt Stock Link in the Works

2min0
In another move to internationalize Chinese markets, plans are underway for a Shanghai-Frankfurt stock link driven in part for Europe’s «unabated eagerness» for collaboration with the second-largest economy. The China Europe International Exchange (CEINEX) is currently preparing for a stock connect program, according to state media, which reflects European countries’ «unabated eagerness» for Chinese collaboration in […]
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Retail Asia08/11/2019
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Finance

Citi to Drop Two-Thirds of FX Platforms

1min0
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 sources. The report added that the move to cut links […]
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Retail Asia08/11/2019
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Research

Singapore Brokerages Suffer Cyberattacks

1min0
Up to five trading houses were affected by the attack, which disrupted trading from 30 minutes to up to the whole morning session. Several brokerage houses in Singapore were hit by distributed denial-of-service (DDoS) attacks on October 24, the Monetary Authority of Singapore (MAS) said on Wednesday, in response to media queries. A DDoS attack happens […]
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Retail Asia10/05/2019
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Finance

Singapore Banks’ FX Volumes Pushed Up

3min0
Singapore banks will enjoy increased FX volumes going forward as the country grows as a foreign exchange (FX hub), banking heads said. «Singapore is fast evolving into a natural hub for FX in Asia with the many initiatives to promote FX trading in the region, coupled with regulatory support to encourage key market participants to set up their pricing […]
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Retail Asia19/03/2019
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General

TradeGecko launches Founder Plan giving commerce startups the technology superpowers to build amazing businesses

3min1
TradeGecko, a leading technology company that provides cloud-based inventory and order management solutions for small and medium-sized businesses (SMBs), today launched its Founder Plan, expanding access to its powerful technology platform to early-stage commerce businesses.  The plan enables founders to integrate TradeGecko’s leading inventory and order management solution from the get-go, so that they can build their […]
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Retail Asia26/09/2018
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Finance

Soft Start Predicted For Thai Stock Market

3min0
The Thai stock market has moved lower in back-to-back trading days, sliding almost 10 points or 0.6 percent along the way. The Stock Exchange of Thailand remains just beneath the 1,750-point plateau and it’s tipped to open in the red again on Wednesday. The global forecast for the Asian markets is murky, with little movement […]
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Retail Asia20/06/2018
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Finance

Vietnam stock market in Free Fall

1min0
Vietnam’s stock market dropped 2.87 percent to more than 987 points on Monday, the second time this year that it has dropped below the 1,000-point level. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) fell from 1,000 points for the first time this year on May 23 and did not bounce back to that […]
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Retail Asia25/10/2017
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Finance

HSBC debuts mobile stock app

2min0
HSBC has introduced a new stock trading mobile app for both Android and iOS to help Hong Kong customers more easily trade Hong Kong, China A and US stocks. The HSBC HK Easy Invest standalone stock trading app includes new features including a one-screen quick buy function, interactive charts, a sector heat map and tailored news. Customers can […]
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Retail Asia03/10/2017
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Finance

Goldman Sachs studying whether to trade bitcoins

3min0
Large banks have until now avoided trading in bitcoin due to its reputation as a conduit for illicit activity.Goldman Sachs is exploring whether to launch a trading  venture in bitcoin in response to client demand, a person familiar with the matter said Monday. Goldman’s consideration of the digital currency could give bitcoin a boost at […]
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Retail Asia17/07/2017
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Finance

Vietnam fastest growing stock market in region

4min0
The Vietnamese stock market has surpassed its counterparts in the Philippines, Indonesia and Thailand to become the fastest-growing market in the region in the first six months of the year. In late May, Thang, an investor in Hanoi, decided to re-activate his securities trading account after five years of closure. The crisis which broke out […]
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Retail Asia14/06/2017
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Finance

More Filipinos adopt online trading at stock mart

7min
Online accounts at the Philippine stock market grew 27.8 percent to 302,516 from 236,669 in 2015, according to the annual Philippine Stock Exchange (PSE) report. PSE reported also that the total number of stock market accounts, which include both online and traditional accounts, was at 8.5 percent, from 712,549 accounts in 2015 to 773,187 at […]
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Retail Asia27/04/2017
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Finance

500 Startups funds Stockbit, a social network for stock trading

4min0
Indonesia’s Stockbit bills itself a “social network for stock traders.” Individual traders sign up for customizable stock market information and analytics. Basic features are free, while paying subscribers get more in-depth intelligence. The site’s been growing and adding features since 2012. The company just closed an investment from 500 Startups, it said in a release […]
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Retail Asia27/12/2016
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Finance

Nearly 70 million more shares listed on UpCoM

2min0
Unlisted Public Company Market (UPCoM) welcomed the listing of nearly 70 million shares of five companies on Monday, with share value registered for trading equal to VNĐ693.4 billion (US$31 million). The five companies are 36 Corporation (G36), Sài Gòn-Nghệ Tĩnh Bear Joint Stock Company (SB1), Hà Nội Water Manufacturing Joint Stock Company No 3 (NS3), Quảng Ngãi […]
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Retail Asia22/12/2016
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Finance

Big appetite for online platform to trade funds

3min
Most local and mainland retail investors will trade funds on an online platform if the Hong Kong Exchanges and Clearing sets up and operates one, according to a Hong Kong Investment Funds Association survey. The poll showed that 81 percent of mainlanders would like to use such a scheme – where funds can be bought […]
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