<p>
Nomura Appoints New Head
of Wealth Management</p><p class=”MsoNormal”>Today, <a href=”https://www.financemagnates.com/tag/nomura/” target=”_blank” rel=”follow”>Nomura</a>, a leading Asian investment bank, announced the appointment of Dr
Rudolf Hitsch as the Head of North Asia for its International Wealth Management
division. In this new position, Dr Hitsch will operate from Hong Kong and
oversee client relationship management teams for North Asia within
International Wealth Management. He will report directly to Ravi Raju, Nomura’s
Head of International Wealth Management.</p><p class=”MsoNormal”>”As we
build out our International Wealth Management business and grow our
capabilities to serve our clients, we are excited to have Rudolf join us to
strengthen our presence in North Asia. We continue to attract top talent from
the industry as we make significant investments in people and platforms and
enhance our product and services capabilities while integrating our Global
Markets and Investment Banking solutions for high-net-worth clients,” Rajdu
said.</p><p>JPX Releases J-Quants API
for Retail Traders</p><p class=”MsoNormal”>JPX Market
& Innovation, Inc. (JPXI) fosters a space for data science enthusiasts to
encourage trading through IT and data analysis with the ‘J-Quants’
project, the Japan Stock Exchange informed on Monday.</p><p class=”MsoNormal”>After
trialing the J-Quants API (beta) since July 2022, which offered historical
stock prices and financial data, JPXI received favorable responses from
numerous users. Consequently, the official J-Quants API (paid version) <a href=”https://www.jpx.co.jp/english/corporate/news/news-releases/6020/20230403-01.html”>was
launched</a> on 3 April 2023.</p><p>Nicole Carroll Becomes
Paysafe’s CSO</p><p class=”MsoNormal”>Paysafe named
Nicole Carroll as its inaugural Chief Strategy and Innovation Officer.
Reporting to Paysafe’s CEO, Bruce Lowthers, Carroll assumes her position today. Carroll
has a long history of fostering growth and innovation in prominent global
companies in the technology, fintech, and payments sectors. </p><p class=”MsoNormal”>Her main
duties at Paysafe will include refining the company’s corporate vision and
long-term growth strategy and spearheading product innovation and
capital expenditure initiatives. Carroll comes to Paysafe from Experian, where
she served as the Chief Product Officer for the Decision Analytics division. Before Experian, she held a position as a director at Visa, leading the development
of their next-generation global software acceptance.</p><p>Clearstream Enables
Conversion, Repatriation for Non-Residents</p><p class=”MsoNormal”><a href=”https://www.financemagnates.com/tag/clearstream/” target=”_blank” rel=”follow”>Clearstream</a>,
Deutsche Börse Group’s ICSD, <a href=”https://www.clearstream.com/clearstream-en/newsroom/230403-3492532″>expands</a>
its services for the Ukrainian capital market, offering foreign exchange
entitlement on UAH-denominated sovereign bonds’ interest payments as of 1 April.
Holders now have the option to receive UAH or USD credits, following the
National Bank of Ukraine’s updated regulation, encouraging non-resident
investors to participate in the local government bond market.</p><p class=”MsoNormal”>Committed
to supporting the Ukrainian capital market and the country’s infrastructure and
economy, Clearstream plans to expand its existing link with additional asset
classes for cross-border investments and improved domestic capital market
liquidity. Clearstream created its connection to Ukraine’s capital market for
debt securities in 2019 and remains the sole ICSD and global custodian granting
entry to the local UAH-denominated government bond market.</p><p>TISE Appoints Non-Executive
Director, Julia Chapman</p><p class=”MsoNormal”>The
International Stock Exchange (TISE) <a href=”https://tisegroup.com/news/2023/tise-appoints-new-non-executive-director-to-group-board/”>has
revealed</a> the appointment of Julia Chapman as a Non-Executive Director for
its parent organization. Based in Jersey, Chapman has accumulated over 30 years
of expertise in the investment fund and capital markets industry. She is a
qualified solicitor in England & Wales and Jersey.</p><p class=”MsoNormal”>Julia
Chapman joined The International Stock Exchange Group Limited Board as of
Friday, 31 March. The Group Chair, Anderson Whamond, expressed his enthusiasm for
Julia’s appointment, stating her extensive experience in the corporate services
sector and as a Non-Executive Director will bolster the board’s skills and
knowledge.</p><p class=”MsoNormal”>”I
look forward to Julia working with myself, our fellow Directors, including our
CEO, Cees Vermaas, to develop and deliver the Group’s strategy to diversify and
scale up the business to sustain future growth,” Whamond added.</p><p>Charges against Octaviar
Investment Holdings Director Dropped
</p><p>ASIC announced
today that the Commonwealth Director of Public Prosecutions (CDPP) dropped 27
fraud charges against David Mark Anderson, who had been accused of dishonestly
utilising $4.6 million of Octaviar Investment Holdings No 3 Pty Ltd (OIH3) funds
for personal use between 2012 and 2015.
</p><p>
The CDPP
decided to withdraw charges due to compelling medical evidence regarding Anderson’s
poor health, deeming it no longer in the public interest to continue the prosecution. The judge discharged him, concluding the case initiated by ASIC’s
investigation and evidence referral.</p><p>GMO Financial Holdings Invests in AWR Capital
</p><p>Japan’s GMO Financial Holdings has taken a 10 percent stake in AWR Capital, an algorithmic trading firm. The deal is strategic as AWR will act as a dedicated crypto market-maker for <a href=”https://www.financemagnates.com/cryptocurrency/news/gmo-internet-cryptocurrency-offering-z-com-coin-rebrands-gmo-coin/” target=”_blank” rel=”follow”>GMO Coin</a>, GMO’s FX and crypto exchange. However, none of the companies has revealed the financials of the deal.
</p><p>”Our investment will allow AWR to build out its services and solutions to span multiple asset classes and strategies,” said Tomitaka Ishimura, the COO at GMO Financial Holdings.
</p><p>Aquis Launches Aquis Equeinox
</p><p>Aquis Technologies, a division of <a href=”https://www.financemagnates.com/forex/aquis-exchange-ends-fy22-with-24-revenue-rise/” target=”_blank” rel=”follow”>Aquis Exchange</a>, announced the launch of Aquis Equinox, a regulated market-grade matching engine with a round-the-clock uptime. It guarantees continuous operation, with no need for shutdown for software upgrades, infrastructure changes, capacity increases, reference data management or member onboarding.
</p><p>”With the ability to run an exchange system without the need for shut-down, our ambition to offer ‘exchanges as a service’ has now become a reality,” said Adrian Ip, the Managing Director at Aquis Technologies. “Through a shared ecosystem in which downtime is not a requirement, Aquis’ matching engine enables the economies of scale to be shared across exchange platforms, delivering significant benefits to customers.”</p><p>BMLL Adds 3 Asian Exchanges to Expand Data Coverage</p><p>BMLL, a provider of historical Level 3 data and analytics for global equity and futures markets, has expanded its coverage by adding CBOE Japan, Japannext, and Singapore Exchange. It came as part of the company’s expansion drive following <a href=”https://www.financemagnates.com/fintech/bmll-secures-26-million-in-series-b-funding-round/” target=”_blank” rel=”follow”>$26 million raised in a Series B funding round</a>.</p><p>”The demand for high-quality historic market data has grown exponentially as participants need to understand market or venue behaviour across the US, EMEA, and APAC,” said Paul Humphrey, the CEO of BMLL.</p><p>Read the full story <a href=”https://www.financemagnates.com/institutional-forex/bmll-adds-3-asian-exchanges-to-expand-data-coverage/” target=”_blank” rel=”follow”>here</a>.</p><p>Komainu Adds Institutional Collateral Management Solution
</p><p>Komainu, an institutional <a href=”https://www.financemagnates.com/institutional-forex/komainu-helps-gcex-to-expand-crypto-custody-services/” target=”_blank” rel=”follow”>digital asset custody provider</a>, announced the launch of a collateral management service, Komainu Connect. The new service is now available only to a selection of Komainu clients, allowing them to leverage digital assets keeping them in custody.
</p><p>”Komainu Connect cements our vision of introducing true trade connectivity to ramp up the utility and velocity of digital assets, while under our secure, institutional grade custody,” said Sebastian Widmann, the Head of Strategy at Komainu. “As this industry matures, we will continue to pioneer the development of time-tested traditional finance products to match digital asset requirements.”</p><p>Swiss Prosecutors Probe UBS and Credit Suisse Merger</p><p>Switzerland’s federal prosecutors have opened an investigation against the rushed <a href=”https://www.financemagnates.com/institutional-forex/ubsagreed-to-buy-troubled-rival-credit-suisse/” target=”_blank” rel=”follow”>takeover of Credit Suisse by rival UBS</a> for possible violations of the country’s criminal laws.</p><p>The prosecutors have identified “numerous aspects of events around Credit Suisse” that warranted a probe and are now assessing for any “criminal offenses that could fall within [their] competence.”</p><p>The merged entity of UBS and Credit Suisse is looking to reduce the workforce by 20 to 30 percent, according to the Swiss daily Tages-Anzeiger. However, the banking giant did not confirm anything officially.</p><p>Read the full story <a href=”https://www.financemagnates.com/institutional-forex/swiss-prosecutors-probe-ubs-and-credit-suisse-merger/” target=”_blank” rel=”follow”>here</a>.</p>
This article was written by Finance Magnates Staff at www.financemagnates.com.
