Connect with us

Technology

24 Exchange Launches New Direct Connection to LCH ForexClear

Published

on

Company completes its first FX NDF production trade through LCH ForexClear

HAMILTON, Bermuda, March 24, 2025 /PRNewswire/ — 24X Bermuda Limited (“24 Exchange“) announced today that it is officially an approved trade source for FX NDF clearing at LCH ForexClear, a leading foreign exchange clearing solution which is part of the Post Trade division of LSEG (London Stock Exchange Group). The company completed its first LCH-cleared production trade involving the company’s strategic partner Standard Chartered Bank, becoming the second electronic FX trading platform provider to offer its non-U.S. users a direct workflow to LCH ForexClear.

24 Exchange’s non-U.S. users are now able to both trade and immediately clear trades with LCH ForexClear, with the potential to benefit from a reduction in counterparty risk and uncleared margin rule requirements, with multi-lateral margin netting.

24 Exchange CEO and Founder Dmitri Galinov said: “We are thrilled that 24 Exchange is now an approved platform for NDF clearing for our global institutional users. This new settlement path with LCH ForexClear is an exceptional new option for our non-U.S. users empowering them to simultaneously reduce their risks and costs while increasing their operational efficiency. As we look to the year ahead, 24 Exchange will continue to set the standards in delivering cost effective trading at the optimum price.”

24 Exchange, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional customers. Since its launch in 2019, 24 Exchange’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost.

About 24 Exchange

24 Exchange allows market participants to seamlessly exchange their exposures at the lowest possible cost. 24 Exchange’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/.

Media Contact:

Eric Andrus, KARV
24Xmedia@karv.global
Phone: +1 (212) 333-0275

View original content:https://www.prnewswire.com/news-releases/24-exchange-launches-new-direct-connection-to-lch-forexclear-302409344.html

SOURCE 24 Exchange

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Moomoo Malaysia Recognised for Fintech Innovation at Malaysia Technology Excellence Awards 2025

Published

on

By

The award-winning digital brokerage is recognised for its AI-powered trading tools, seamless global market access, and institutional-grade tools and resources for retail investors.

KUALA LUMPUR, Malaysia, April 4, 2025 /PRNewswire/ — Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has been recognised for its cutting-edge innovations in financial technology, winning two awards – Fintech – Brokerage and Fintech – Financial Technology at the Malaysia Technology Excellence Awards 2025. The MTEA awards recognizes companies at the forefront of technological innovation, honouring those that drive digital transformation and set new benchmarks in their respective industries.

“Winning these awards within our first year of operation is incredibly encouraging. It demonstrates that our technology-first approach – powered by AI and advanced analytics – is resonating strongly with Malaysian investors. We’ve always believed technology should simplify and democratise investing. Our growth to over 500,000 users in less than a year, becoming Malaysia’s No. 1 financial app by downloads and daily active users lets us know we’re on the right track.” said Indy Lau, Chief Operating Officer of Moomoo Malaysia.

Moomoo Malaysia was recognized specifically for its innovation in brokerage and financial technology. The digital brokerage stands out by integrating institutional-level analytics, AI-driven trading features, and seamless global market connectivity within a single, user-friendly platform. Among the innovative features Moomoo Malaysia introduced are Malaysia’s first fully digital in-app IPO subscription service and a proprietary AI-powered Candlestick Chart Analysis tool, providing retail investors with real-time insights and market intelligence. It is also the first licensed brokerage in Malaysia to offer direct retail access to U.S. options trading.

Empowering Smarter Investing

Beyond technological advancements, Moomoo Malaysia is committed to improving financial literacy among Malaysian investors through its Moo Learn initiative. With more than 700 free educational resources available, including webinars and interactive tutorials, the platform has accumulated over 2.7 million views, reflecting the strong local demand for accessible financial education. The platform’s Moo Community with a robust community of over 25 million investors provides a vibrant space for investors to exchange insights and learn collaboratively.

Ivan Mok, CEO of Moomoo Malaysia, emphasised the company’s mission: “Our vision goes beyond trading; we want to reshape financial literacy and empower Malaysians through technology-driven investment resources and education. Recognition from the Malaysia Technology Excellence Awards reaffirms our commitment to continue innovating and delivering value to every Malaysian investor.”

Since launching in February 2024, Moomoo Malaysia has rapidly grown to become the No. 1 trading app* by downloads and DAU, surpassing over 500,000 users within one year. The company continues to expand its offerings, providing Malaysian investors with seamless global access, intelligent market insights, automation-driven trading tools, and education-led investing experiences.

For more information, visit www.moomoo.com/my.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/moomoo-malaysia-recognised-for-fintech-innovation-at-malaysia-technology-excellence-awards-2025-302420634.html

SOURCE Moomoo Malaysia

Continue Reading

Technology

transcosmos signs collaboration agreement with Miyoshi City, Hiroshima towards DX in local government

Published

on

By

Aims to create a sustainable management model for local governments

TOKYO, April 4, 2025 /PRNewswire-PRWeb/ — transcosmos hereby announces that on March 26, 2025, the company signed a collaboration agreement with Miyoshi City, Hiroshima Prefecture, on co-creating a sustainable management model for local governments. Under this agreement, transcosmos will collaborate with, and assist the city in streamlining and boosting productivity of local governments’ administrative operations, promoting work style reform of government employees, discussing the option to use outsourcing, developing digital talent, and ultimately bring about a sustainable management model for local governments that leads to the future.

With a view to realize regional cooperation in the future, transcosmos and Miyoshi City aim to bring about sustainable management for local governments in the whole region in partnership with nearby areas that face similar challenges.

Streamlining business processes and accelerating processing speed as well as promoting employee work style reform are key challenges that must be addressed for local governments to deliver sustainable management. Miyoshi City was faced with similar challenges, yet the city could not create an optimal environment, due to lack of experience and knowledge in streamlining complex administrative tasks as well as a lack of people with digital skills. To help overcome such challenges, transcosmos will provide the city with its DX (Digital Transformation) services designed for local governments that help consolidate administrative functions and achieve BPR (Business Process Reengineering) in local governments. With these services, transcosmos will co-create a sustainable management model for local governments in partnership with Miyoshi City. With a view to realize regional cooperation in the future, transcosmos and Miyoshi City aim to bring about sustainable management for local governments in the whole region in partnership with nearby areas that face similar challenges.

Mr. Satoshi Fukuoka, Mayor of Miyoshi City commented on the collaboration agreement as follows.
“We are delighted to have signed a collaboration agreement with transcosmos. Towards co-creating a sustainable model for local governments with transcosmos, we, Miyoshi City, will take a comprehensive approach with digital technology and people development at the core.”

With its services designed for promoting DX and achieving business process transformation, transcosmos will continue to help local governments deliver sustainable management while contributing to solving challenges in their communities.

transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost optimization through our 182 bases across 35 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment. Visit us here https://www.trans-cosmos.co.jp/english/

Media Contact

transcosmos inc., transcosmos inc., +81-3-6709-2251, pressroom@trans-cosmos.co.jp, https://www.trans-cosmos.co.jp/english/

View original content to download multimedia:https://www.prweb.com/releases/transcosmos-signs-collaboration-agreement-with-miyoshi-city-hiroshima-towards-dx-in-local-government-302420582.html

SOURCE transcosmos inc.

Continue Reading

Technology

Aker Horizons ASA: Notice of Annual General Meeting

Published

on

By

FORNEBU, Norway, April 4, 2025 /PRNewswire/ — The annual general meeting of Aker Horizons ASA (the “Company”) will be held on Wednesday, 30 April 2025 at 13:00 CEST as a virtual meeting. The proposed agenda includes election of members of the Board of Directors.

The meeting will be conducted as a virtual meeting only, accessible online via Lumi AGM. All shareholders will be able to participate in the meeting, vote and ask questions from smartphones, tablets or desktop devices. For further information regarding electronic participation, please refer to the guide available at https://akerhorizons.com/investors/shareholder-center/general-meetings/.

Although no pre-registration is needed for attending online, shareholders that are eligible for attending and voting at the annual general meeting are encouraged to register their attendance no later than 28 April 2025 at 13:00. Deadline for registration of advance votes and proxies is 28 April 2025 at 13:00 CEST.

Please find attached the following documents:

Notice and Proxy form for the Annual General Meeting 2025The Board of Directors’ Proposed Resolutions for the Annual General Meeting 2025Remuneration GuidelinesProposal from the Nomination Committee

All documents to be processed in the meeting are also available at https://akerhorizons.com/investors/shareholder-center/general-meetings/.

For further information:
Investor Relations:
Jonas Gamre
Mobile: +47 97 11 82 92
E-mail: jonas.gamre@akerhorizons.com

Media:
Mats Ektvedt
Mobile: +47 41 42 33 28
E-mail: mats.ektvedt@corporatecommunications.no

About Aker Horizons ASA

Aker Horizons ASA develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons ASA applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons ASA is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–notice-of-annual-general-meeting,c4131059

The following files are available for download:

https://mb.cision.com/Public/20659/4131059/9a73884e105bae00.pdf

Aker Horizons Notice of Annual General Meeting 2025 and Proxy Form

https://mb.cision.com/Public/20659/4131059/94b158cae1591ff2.pdf

The Board of Directors Proposed Resolutions for the Annual General Meeting 2025 79

https://mb.cision.com/Public/20659/4131059/bb76e720ea4e54c3.pdf

Proposal from the Nomination Committee of Aker Horizons ASA to the Annual General Meeting 2025

https://mb.cision.com/Public/20659/4131059/aa653daed8323d32.pdf

Remuneration Guidelines for Aker Horizons ASA

 

View original content:https://www.prnewswire.co.uk/news-releases/aker-horizons-asa-notice-of-annual-general-meeting-302420646.html

Continue Reading

Trending