News Nuggets | 26 July: Tiger Launches HK Stocks' Auto-Invest; Moneta Hires New Manager

<p>Tiger Brokers Launched Auto-Invest
for HK Stocks</p><p><a href="https://www.financemagnates.com/tag/tiger-brokers/" target="_blank" rel="follow">Tiger
Brokers</a> has announced an automatic investment plan (AIP) for Hong Kong stocks
through its flagship platform, Tiger Trade. This addition allows global
investors to trade weekly, bi-weekly, or monthly starting from a minimum of HKD
500. The new feature, intended to help investors mitigate market volatility,
complements the existing AIP for US stocks, enabling a one-stop investing
experience across both markets.</p><p>"This
newly added auto-invest plan is in response to our users' demand amid market
volatility and aligns with their anticipation of the market transitioning from
the bottoming-out phase to a market recovery," Henry Toh, the CFO at Tiger
Brokers Singapore, commented.</p><p>"At
Tiger Brokers, our R&amp;D capability positions us to regularly provide
investors with a wide variety of investment choices and tools, empowering them
to better manage and allocate investments in spite of the ups and downs in the
markets."</p><p>Moneta Markets Has Added New
LATAM Manager</p><p>The retail
FX and CFD broker, <a href="https://www.financemagnates.com/tag/moneta-markets/" target="_blank" rel="follow">Moneta Markets</a> has announced that Juan Mora Daring was
onboarded as the new Country Manager for LATAM. Daring previously worked for many popular trading brands in Uruguay, including Exness, INFINOX Global and
TOPFX.</p><p>"I am
delighted to announce that I am starting a new position of Country Manager in
Moneta Markets for LATAM," Daring shared through a LinkedIn post yesterday
(Tuesday).</p><p>He also
worked as a Country Manager at TOPFX, Senior Business Developer at INFINOX
Global, and Key Account Specialist at Exness.</p><p>GAT and Currencycloud's
Global Banking Solution</p><p>GAT
Investment Bank has partnered with <a href="https://www.financemagnates.com/tag/currencycloud/" target="_blank" rel="follow">Currencycloud </a>to offer its clients an app
called GAT Money, providing a comprehensive global banking solution. This app
grants access to multi-currency virtual accounts and competitive FX rates,
enabling global transactions in over 35 currencies and local payouts in more
than 180 countries. </p><p>The
partnership eliminates the need to integrate multiple corresponding banks
and payment providers, streamlining transactions for GAT's globally-focused
clientele.</p><p>ASIC's Action against
Unlicensed Property Group</p><p>The
Australian Securities and Investments Commission (<a href="https://www.financemagnates.com/tag/asic/" target="_blank" rel="follow">ASIC</a>) has initiated civil
proceedings against Sasha Hopkins and The A Team Property Group for allegedly
operating unregistered investment schemes without a necessary license. </p><p>ASIC is
seeking a court order to wind up the company, disqualify Hopkins from managing
corporations, and close five associated investment schemes. Hopkins and his
company have allegedly offered unlicensed property investment opportunities, raising
over $32 million from clients via online and social media promotions.</p><p>SFC Embraces New
Sustainability Standards</p><p>The
Securities and Futures Commission (<a href="https://www.financemagnates.com/tag/sfc/" target="_blank" rel="follow">SFC</a>) has welcomed the IFRS Sustainability
Disclosure Standards endorsement by the International Organization of
Securities Commissions (IOSCO). </p><p>The
standards provide a global framework for investor-focused corporate
sustainability disclosure. The SFC is developing a roadmap for the adoption of these
standards in Hong Kong, which will help investors make informed decisions.</p><p>EDX Markets and Talos
Integration</p><p><a href="https://www.financemagnates.com/tag/edx-markets/" target="_blank" rel="follow">EDX
Markets</a>, a digital asset exchange, has merged with Talos, a leading
provider of institutional trading technology for digital assets. This
partnership enhances EDX Markets' capabilities by leveraging Talos' end-to-end
trading platform, thereby expanding access to various liquidity venues for
customers. </p><p>The union
equips clients with superior front-end UI and proven trading tools. In
addition, it enhances the trading experience for both traditional financial
institutions and crypto-native firms.</p><p>Joint Venture of JSE and big
xyt</p><p>The
Johannesburg Stock Exchange (JSE) and <a href="https://www.financemagnates.com/tag/big-xyt/" target="_blank" rel="follow">big xyt</a>, a data and analytics solution
provider, have launched a new venture, big xyt ecosystems. This partnership
aims to provide the services of the data analytics platform, Trade Explorer, to other global financial centers.</p><p>The
platform offers advanced analytics tools for understanding market liquidity,
execution performance, trading patterns, and other crucial trading metrics. It allows
trading venues to efficiently provide sophisticated data analytics solutions for their customers.</p>

This article was written by Finance Magnates Staff at www.financemagnates.com.