Foreign exchange market

AEON Credit Proposes Final Dividend of 18 HK Cents for FY2020 amid Solid Fundamentals

Thursday, April 8, 2021 - 5:46am

Facing an exceptionally uncertain market environment during FY2020, the Group's revenue was HK$1,089.9 million, with profit after tax amounting to HK$301.6 million.

Key Points: 
  • Facing an exceptionally uncertain market environment during FY2020, the Group's revenue was HK$1,089.9 million, with profit after tax amounting to HK$301.6 million.
  • The Group's capital base remained strong with total equity up 3.3% to HK$3,422.0 million as at 28 February 2021.
  • In view of the sound fundamentals of the Group, the Board has recommended a final dividend of 18.0 HK cents per share, bringing the total dividend for the year to 40.0 HK cents per share, representing a dividend payout ratio of 55.5%, up from 49.8% last year despite adversity.
  • Furthermore, the Group will enhance its data analysis methodologies to raise its marketing, credit assessment and credit management effectiveness.

SCEX Exchange Launches Related-Party Trading and Copy Trading System

Wednesday, April 7, 2021 - 6:54am

The newly launched related-party transaction and copy trading system will subvert existing digital asset platform contract transaction methods and increase the frequency of contract transactions as well as their efficiency.

Key Points: 
  • The newly launched related-party transaction and copy trading system will subvert existing digital asset platform contract transaction methods and increase the frequency of contract transactions as well as their efficiency.
  • To provide an illustration, A and B are SCEX registered users who are personally acquainted (be it family or friend).
  • Copy Trading allows users to automatically copy and follow transactions opened and managed by another pre-determined user.
  • Unlike other digital currency trading platforms, SCEX is a digital currency trading platform built with a focus on contract transactions.

Abel Noser Solutions Recruits Alexander Sedgwick to Head Global Fixed Income TCA Group

Thursday, April 1, 2021 - 12:00pm

New York, NY, April 01, 2021 (GLOBE NEWSWIRE) -- Abel Noser Solutions today announced the appointment of Alexander Sedgwick as Global Head of the companys expanded fixed income analytics group.

Key Points: 
  • New York, NY, April 01, 2021 (GLOBE NEWSWIRE) -- Abel Noser Solutions today announced the appointment of Alexander Sedgwick as Global Head of the companys expanded fixed income analytics group.
  • Previously, Mr. Sedgwick was the Head of Fixed Income Market Structure and Electronic Trading at T. Rowe Price where he was responsible for multi-asset electronic trading strategy including the global credit, rates and foreign exchange markets.
  • "Abel Noser is the only independent provider of trade measurement for all asset classes including fixed income, equities, foreign exchange and derivatives.
  • Ranked as the Top Global Fixed Income TCA Provider 2020 by Greenwich Associates.

Abel Noser Solutions Recruits Alexander Sedgwick to Head Global Fixed Income TCA Group

Thursday, April 1, 2021 - 8:00am

New York, NY, April 01, 2021 (GLOBE NEWSWIRE) -- Abel Noser Solutions today announced the appointment of Alexander Sedgwick as Global Head of the companys expanded fixed income analytics group.

Key Points: 
  • New York, NY, April 01, 2021 (GLOBE NEWSWIRE) -- Abel Noser Solutions today announced the appointment of Alexander Sedgwick as Global Head of the companys expanded fixed income analytics group.
  • Previously, Mr. Sedgwick was the Head of Fixed Income Market Structure and Electronic Trading at T. Rowe Price where he was responsible for multi-asset electronic trading strategy including the global credit, rates and foreign exchange markets.
  • "Abel Noser is the only independent provider of trade measurement for all asset classes including fixed income, equities, foreign exchange and derivatives.
  • Ranked as the Top Global Fixed Income TCA Provider 2020 by Greenwich Associates.

Ripple Science Board of Directors Welcomes Jeanne Hecht, Clinical Trial Services Industry Veteran

Tuesday, March 30, 2021 - 2:00pm

"I am personally honored and thrilled to be joining the Board at Ripple Science.

Key Points: 
  • "I am personally honored and thrilled to be joining the Board at Ripple Science.
  • Previously, Jeanne was CEO and board member of Ora, Inc. an ophthalmic services company.
  • "As a strategic advisor since the first of the year, Jeanne's deep knowledge of the clinical trial services industry has helped me and the Ripple Science team expand our footprint among industry-sponsored sites and site networks," commented Peter Falzon, Ripple Science President and CEO.
  • About Ripple Science: Ripple Science accelerates clinical research with its secure, HIPAA-compliant suite of tools.

Galaxy Digital Announces Fourth Quarter 2020 Financial Results

Tuesday, March 30, 2021 - 11:30am

Galaxy Digital is actively preparing for a U.S. listing in the second half of 2021

Key Points: 
  • Galaxy Digital is actively preparing for a U.S. listing in the second half of 2021
    Industry Veteran Alex Ioffe joins as Chief Financial Officer, effective April 1, 2021
    NEW YORK, March 30, 2021 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital" the "Company" or "GDH Ltd.") today released financial results for the year ended December 31, 2020 for both itself and Galaxy Digital Holdings LP (the "Partnership" or "GDH LP").
  • Select Financial Highlights for the Fourth Quarter 2020, compared to Fourth Quarter 2019
    Net comprehensive income1 increased 1,175% to $335.7 million, from a net comprehensive loss of $31.2 million in the prior year period.
  • Operating Highlights and Other Updates for the Fourth Quarter 2020, compared to Third Quarter 2020
    Galaxy Digital Trading ("GDT") generated a record in: counterparty trading volumes, the size of its counterparty loan book, and in gross counterparty loan book originations in the fourth quarter 2020, compared to the third quarter 2020.
  • In the quarter ended December 31, 2020, GDT counterparty volumes were up 80%+ sequentially quarter over quarter and 230%+ year over year.

Cirtek's Financial Results in Second Half of FY2020 Demonstrate Significant Improvement, Sales of RFID Products Soars by 1.3 Times

Tuesday, March 30, 2021 - 5:35am

Despite adversities, the Group successfully achieved a turnaround; moving from a loss-making position as reported for its interim results to a profit-making position.

Key Points: 
  • Despite adversities, the Group successfully achieved a turnaround; moving from a loss-making position as reported for its interim results to a profit-making position.
  • The Group's business was inevitably affected, resulting in a year-on-year decrease in revenue of 26.5% to approximately HK$259.3 million.
  • Nonetheless, the Group's orders started to rebound in the second half year and showed improvement when compared with the first half year, narrowing the decline for the whole year.
  • In terms of products, sales of RFID products achieved the most handsome growth, achieving a year-on-year spike of 1.3 times, contributing HK$8.2 million in revenue.

Hi Sun Tech Announces 2020 Annual Results: Profit for the Year Increases 14% to HK$779 million

Monday, March 29, 2021 - 11:50pm

Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).

Key Points: 
  • Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).
  • During the Year, the Group's consolidated revenue reached HK$4,143.4 million, representing a decrease of 26% when compared with HK$5,576.0million for the same period last year.
  • The Group's operating profit was HK$653.1 million, representing an increase of 13% when compared with HK$578.2 million the same period last year.
  • Profit for the year was HK$779.1 million, representing an increase of 14% when compared with HK$683.0 million for the same period last year.

Nuvei Adds Payment Solution for Nearly 40 Cryptocurrencies

Monday, March 29, 2021 - 11:01pm

Nuvei continuously strives to offer the most relevant payment mediums for our clients and their customers.

Key Points: 
  • Nuvei continuously strives to offer the most relevant payment mediums for our clients and their customers.
  • Active in over 200 global markets, Nuvei enables access to the most popular cryptocurrencies in addition to supporting nearly 150 local currencies and over 455 APMs.
  • Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates.
  • Our proprietary platform offers direct connections to all major payment card schemes in over 200 markets worldwide, supports 455 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies.

Global Cinema Software Market (2021 to 2025) - Size, Trends and Forecasts

Thursday, March 25, 2021 - 12:45pm

DUBLIN, March 25, 2021 /PRNewswire/ -- The "Global Cinema Software Market: Size, Trends, Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 25, 2021 /PRNewswire/ -- The "Global Cinema Software Market: Size, Trends, Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.
  • This report provides an in-depth analysis of the cinema software market including detailed description of market sizing and growth.
  • The report provides analysis of the cinema software market by value, by volume, by penetration and by region.
  • The report further provides detailed regional analysis of the global cinema software market by value and by penetration.