Financial

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.

 

Recent Posts

Google and News Corp’s AI Content Partnership: Unveiling a Symbiotic Relationship

In a move that could reshape the landscape of content creation and distribution, tech giant…

2 days ago

Amazon Faces Pressure to Offer Dividends Amid Peer Trends

As one of the leading e-commerce giants, Amazon.com finds itself increasingly under scrutiny to provide…

2 days ago

Nvidia’s Dominance and Its Impact on the U.S. Stock Market

Nvidia Corp (NVDA.O) has emerged as a pivotal player in the U.S. stock market, symbolizing…

2 months ago

Sarah Callery Takes the Helm as Head of Sales

Clinch, a pioneer in recruitment marketing solutions, is thrilled to announce the appointment of Sarah…

4 months ago

Bitget Introduces Spot P2P Market

Bitget, a global leader in the cryptocurrency exchange and Web3 space, has made waves with…

4 months ago

HPE Welcomes New CFO as Tech Industry Faces Turbulence: A Deep Dive into the Latest Leadership Changes

In a strategic move that reverberated across the tech industry, Hewlett Packard Enterprise (HPE) announced…

5 months ago

This website uses cookies.