Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      Finalto Adds To Its Range of Gold Crosses, Launching Gold/Yen (XAUJPY)

      Published: just now

      Finalto Adds To Its Range of Gold Crosses, Launching Gold/Yen (XAUJPY)

      June 01, 2023 - Multi-asset Prime of Prime liquidity provider Finalto has expanded its Bullion offering to include a new synthetic instrument based on Japanese Yen.

      The instrument Gold Yen (XAUJPY) has been created as part of the bullion and precious metals offering, which already includes:

      • XAUGBP - GOLD v BRITISH POUND
      • XAUAUD - GOLD v AUSTRALIAN DOLLAR
      • XAUCNH - GOLD v CHINESE REMNIMBI
      • XAUEUR - GOLD v EURO
      • XAUUSD - GOLD v US DOLLAR
      • XAUTHB - GOLD v THAI BAHT
      • XAUTRY - GOLD v TURKISH LIRA
      • XAGUSD - SILVER v US DOLLAR
      • XAGEUR - SILVER v EURO
      • XAGSGD - SILVER v SINGAPORE DOLLAR
      • XPDUSD - PALLADIUM v US DOLLAR
      • XPTUSD - PLATINUM v US DOLLAR

      In addition to the above cross pairs, in 2020, the company (as CFH Clearing) announced it had started offering:

      • Gold measured in Tael v Hong Kong Dollar
      • Gold in grams v USD
      • Gold in grams v CNH (Remnimbi) 

      In 2021, Finalto partnered with Singapore Exchange (SGX) owned BidFX for Precious Metals and FX distribution.

      The newest addition to the product line is another asset that caters to the Asian market, specifically Japan, Singapore and Australia. This asset allows clients to hedge gold positions quoted in Japanese Yen.

       

      Visual content
      Alex MacKinnon, CEO at Finalto Asia

       

      “This addition to our bullion offering cements Finalto’s position as a leading liquidity provider able to quickly recognise client needs and uniquely positioned to react, innovate and implement updates,” said Alex MacKinnon, CEO at Finalto Asia.“Furthermore, this new asset illustrates Finalto’s continued commitment to the Asia region.”

      Finalto has been investing in its global presence and has recently launched its New York and Singapore Data Centres, in order to improve outcomes for clients no matter where they are around the world.

      Alex MacKinnon will be attending the Asia Pacific Precious Metals Conference (APPMC) in Singapore on June 4-6th.

      To book a meeting with Alex at the event, please click the following link:

      https://calendly.com/alex-mackinnon/asia-pacific-precious-metals

      To view Finalto's full range of trading products and to follow the company, please click here.

      Next level financial markets. Liquidity, Trading, ClearVision tech and Data in an innovative way. We are Finalto and we’re here to take the global financial markets to new heights.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #Finalto#GoldYen#XAUJPY#PreciousMetals#BullionOffering#JapaneseLiquidity#AsiaExpansion#PrimeOfPrime

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Binance has lowered its VIP 3 Wallet Assets threshold from $3 million to $1 million and will now count OTC Spot Trading Volume at a 4x multiplier toward VIP qualification, removing the previous VIP 4 cap and allowing eligible users to progress through the full tier framework up to VIP 9.

      just now

      Retail futures trading leader NinjaTrader Group has appointed Mark Omens as Senior Vice President, Commercial Strategy, bringing a 25-year veteran of derivatives marketplace CME Group into a newly created role focused on exchange partnerships and enterprise growth.

      just now

      Gold Price Action Forecast: Will XAU/USD Drop to $3930? Meta Description: Read our Gold price action forecast to see if XAU/USD will drop to $3930.

      just now

      BitDelta Securities Financial Services LLC (“BitDelta Securities”) today announced that it has received full regulatory approval from the Capital Market Authority (“CMA”) of the United Arab Emirates under the Category 5 — Arrangement and Advice license framework (License No. 20200000439). The approval follows the firm's receipt of In-Principal Approval earlier this year and represents the successful conclusion of the CMA's full licensing process, including the satisfaction of capital requirements, governance appointments, and operational setup.

      just now

      Crypto.com has received a $400 million strategic investment from Citadel Securities, valuing the firm at $20 billion. It marks the first institutional funding round in the company's history, aimed at accelerating its expansion into tokenised securities, derivatives and other asset classes.

      just now

      WTI’s pullback into $79–82 is the first major test of the bullish Elliott Wave count, with buyers targeting a renewed break above $85.

      just now

      BitDelta Securities has secured a full CMA Category 5 licence in the UAE and opened a regulated office in Business Bay, Dubai. The firm operates as an introducing broker, connecting investors with licensed international brokers across multiple asset classes, with CEO Dr. Demetrios Zamboglou commenting on the milestone.

      just now

      Index volatility is asleep while single stocks fight it out underneath, credit refuses to confirm the equity rally, and a bare macro calendar hands next week to oil.

      just now

      Digital assets and FX brokerage GC Exchange FZE (GCEX) has appointed Mohammed A. Mulla as a Board Member of its Dubai-based entity, part of the wider GCEX Group.

      just now

      Learn what Blockchain-as-a-Service is, how it works, and why businesses are using BaaS to build blockchain applications without managing infrastructure.

      just now
      Feed