Fineqia Appoints ITG as Market Maker to Enhance Liquidity
Fineqia International (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) has announced the appointment of Independent Trading Group (“ITG”), Inc. as a market maker for its shares traded on the Canadian Securities Exchange (“CSE”). This appointment will provide liquidity and execution services to clients worldwide, ensuring the efficient and timely execution of trades while contributing to a fair and orderly market for Fineqia’s shares.
ITG – A Leading Canadian Trading Firm
ITG is a leading Canadian trading firm that has been providing liquidity and execution services to clients globally for several years. As a market maker for Fineqia, ITG will help ensure the efficient and timely execution of trades, enhance liquidity and contribute to a fair and orderly market for Fineqia’s shares.
Fineqia and ITG – A Perfect Match
“This is an important step forward for Fineqia, and we are thrilled to have ITG on board as a market maker,” said Bundeep Singh Rangar, CEO of Fineqia. “ITG’s expertise and commitment to client service will help us provide the best possible trading experience for our investors.” With ITG on board as a market maker, Fineqia will be able to provide more efficient and effective trading services to its clients.
ITG Will Provide Liquidity to the Market
As a market maker, ITG will buy and sell Fineqia’s shares on the CSE, the Company’s primary listing venue, as well as other alternative Canadian trading venues. ITG’s involvement will ensure the provision of liquidity while maintaining an orderly market, enabling investors in Fineqia to buy and sell shares more easily.
ITG’s Excitement to Work with Fineqia
“ITG is excited to be working with Fineqia to provide market-making services to their growing client base,” said ITG’s Managing Director, Jeff Gamble. “Our experienced traders and proven technology will ensure a liquid and efficient trading environment for Fineqia shares.” This statement highlights ITG’s commitment to providing top-notch trading services to Fineqia’s clients.
DVX Capital Markets Affiliation
ITG is a wholly owned subsidiary of DVX Capital Markets, which is an affiliate of DV Trading, a Chicago-based proprietary trading firm with offices in New York, Toronto and London. DV Trading makes markets on securities and derivatives exchanges worldwide with more than 300 personnel globally.
Initial 3-month Contract with ITG
The contract with ITG is for an initial 3-month period, with automatic monthly extensions thereafter by mutual agreement. This agreement provides Fineqia and ITG with the flexibility to adjust to market conditions and ensure that Fineqia’s clients are always provided with top-notch trading services.
Conclusion
The appointment of ITG as a market maker for Fineqia’s shares traded on the Canadian Securities Exchange will enhance liquidity and contribute to a fair and orderly market for Fineqia’s shares. ITG’s expertise and commitment to client service will help Fineqia provide the best possible trading experience for its investors. With ITG on board as a market maker, Fineqia will be able to provide more efficient and effective trading services to its clients.
Joseph is an experienced financial journalist with a focus on Earnings News and Financial updates. He has a degree in finance and has been working as a journalist for more than 7 years. He joined Survey Paid in 2020 and his byline can be found on articles covering stock market analysis and commentary, earnings reports, and other financial news. Based in Los Angeles, CA.
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