News Nuggets | 20 July: IBKR Adds Taiwan Stocks; Multi Chart on Match-Trader
<p>Interactive Brokers Adds Taiwan Stock Exchange
</p><p><a href="https://www.financemagnates.com/tag/interactive-brokers/">Interactive Brokers</a> (Nasdaq: IBKR) has expanded its offerings with the latest addition of the Taiwan Stock Exchange, allowing customers to invest in the Taiwan stock market. According to the broker, it will offer Taiwanese stocks, ETFs, and TDRs, alongside its existing offerings.
</p><p>"Access to the Taiwan Stock Exchange strengthens Interactive Brokers' presence in Asian markets and enhances the company's global footprint," said David Friedland, Head of APAC at Interactive Brokers. "Extending our global reach underscores our dedication to providing experienced traders and institutional investors unparalleled market access worldwide."
</p><p>Flywire Gains Singapore License
</p><p><a href="https://www.financemagnates.com/fintech/news/us-fintech-flywire-to-raise-250-million-in-ipo/">Flywire</a>, a <a href="https://www.financemagnates.com/terms/p/payments/">payments</a> company, is eying the Asian markets after obtaining in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS).
</p><p>"This is a further validation of Flywire's ability to meet the highest standards of regulation and compliance all over the world," said Frans Wiwanto, Flywire's Managing Director of APAC.
</p><p>"In Singapore, major payment institutions need to be licensed and regulated under the Payment Services Act ("PS Act") to provide payment services. Flywire has demonstrated that we are meeting these requirements, thus highlighting our commitment to data security, privacy, and <a href="https://www.financemagnates.com/terms/c/compliance/">compliance</a> for our clients and payers."
</p><p>Match-Trader Adds Multi-Chart Mode
</p><p>Match Trader, developed by <a href="https://www.financemagnates.com/tag/match-trade/">Match-Trade</a>, enhances its features by adding a multi-chart mode to the web version. Currently, the platform supports the simultaneous display of up to four charts.
</p><p>Released with the platform's July update, the new feature "enhances workspace personalization, enabling traders to simultaneously open and manipulate multiple charts on a single browser screen." Further, it enhances analytical capabilities by allowing the displayed chart to be adjusted and provides drawing tools.</p><p>Webull Japan Adds US Options
</p><p>Webull Japan, which is the Japanese arm of the New York-headquartered broker, announced the launch of US Single Stock Options (SSOs) and a suite of US Index Options. It will now allow Japanese retail traders to access US SSOs and cash-settled Index Options trading.
</p><p>According to the official announcement, <a href="https://www.financemagnates.com/tag/webull/">Webull Japan</a> has become the first broker-dealer in the country to offer US Index Options to retail investors.
</p><p>"Webull Japan is committed to providing its users with the best investment opportunities and experience, and the launch of US SSOs and US Index Options is a testament to that commitment. We look forward to continuing to increase our product offerings locally and are excited about the opportunities it will bring to Japanese retail investors," said Webull Japan's CEO, Wataru Kojima.
</p><p>Bank of Japan Mulls Digital Yen Pilot
</p><p>The Bank of Japan has ramped up its efforts around the <a href="https://www.financemagnates.com/fintech/japan-partners-with-megabanks-on-2-year-digital-yen-experiment/">digital yen </a>by starting discussions with 60 companies to launch a central bank digital currency (CBDC) pilot program. The discussions include the business and technological features of retail settlements with digital yen.
</p><p>However, the official statement highlighted that the pilot would not ensure that the country will ultimately launch a digital yen.
</p><p>UK to Launch a Digital Sandbox
</p><p>The Financial Conduct Authority (FCA) has confirmed the launch of its Digital Sandbox on 1 August after two successful pilots. The upcoming launch will open the platform to a broader range of innovative businesses, start-ups, and data providers.
</p><p>"The Digital Sandbox is a testing environment that enables us to support firms at the early stage of product development by enabling experimentation through proof of concepts," the regulator explained. "Alongside innovators, the permanent Sandbox also welcomes data providers to apply to list their data on the platform and gain traffic and insights on its usage."
</p><p>Following the permanent launch, it will accept applications from themes, including banking, investment, lending, payments, insurance, pension, wholesale buy-side, wholesale sell-side, and cross-sectors. The applications will be assessed under scope, genuine innovation, consumer benefit, readiness, and need for support.</p><p>Read the </p>
This article was written by Finance Magnates Staff at www.financemagnates.com.
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