Bank

Upgrading their data distribution backbone will help Finalto meet the performance and reliability standards required to remain competitive

LONDON, Nov. 20, 2023 /PRNewswire/ -- Solace, the leading enabler of event-driven architecture for real-time enterprises, announced today that Finalto, a London-based financial services firm, is replacing its legacy messaging infrastructure with Solace PubSub+ Platform in order to stay ahead of the curve in an environment with ever-increasing market data volume, providing efficient, low latency pricing and trading to its clients.

As a broker, Finalto will accept trades from clients and submit them to liquidity providers. To offer competitive pricing for its customers, Finalto required a trading platform that could support higher throughput and lower latency which their current system was unable to deliver.

"We knew our desire to continually improve our offering demanded that we upgrade our trading platform's data distribution infrastructure, and quickly realized Solace was the answer," said Paul Groves, CEO, Finalto Financial Services Ltd and Finalto Trading Ltd. "The Solace team's deep experience in building high performance trading systems was as impressive as it was unsurprising, given their stable of blue-chip customers in the Capital Markets space."

To support this shift, Finalto is deploying a combination of Solace PubSub+ Event Broker appliances and software in financial centers around the world, including London, Copenhagen, New York and Singapore. The company is linking these event brokers to build an event mesh that will efficiently stream information across their enterprise in real-time – from the low latency distribution of market data that informs trades, to the guaranteed delivery of pre- and post-trade data between front-, middle- and back-office systems across lines of business and geographies.

"We're proud to be helping Finalto expand their business by upgrading their trading platform," said David Mitchell, Regional VP, United Kingdom and Ireland, Solace. "By giving Finalto the power to route tens of millions of messages a second with mere microseconds of latency, our proven technology will be a key part of their ongoing success."

About Finalto
Finalto is a market leader in global financial services. Formerly the Tradetech group comprising of a number of B2B businesses, CFH, Alpha, and Tradetech 360 in addition to our B2C brand Markets.com, we have been raising the industry bar for years. We are market leaders in next-generation multi-channel trading software, systems and liquidity services which are offered in a B2B capacity to our global partner network. Visit https://finalto.com to learn more.

About Solace
As the experts in EDA, Solace helps enterprises become modern and real-time by giving them everything they need to make their business operations and customer interactions event-driven. With PubSub+, a complete events streaming and management platform, the company provides a comprehensive way to create, document, discover and stream events from where they are produced to where they need to be consumed. Established enterprises worldwide use Solace's advanced event broker technologies to modernize legacy applications, deploy modern microservices, and build an event mesh to support their hybrid cloud, multi-cloud and IoT architectures. Learn more at solace.com.

Solace Press Contacts

UK
Positive
Carl Escoffier
cescoffier@positivemarketing.com
+44 (0)780 080 5625

Europe & Americas
IBA International
Jamie Kightley
Jkightley@iba-international.com
+44 (0) 1572 757932

APAC
Rice Communications
Neil Mirano
neil.mirano@ricecomms.com
+65 3157 5685

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BEIJING, Nov. 20, 2023 /PRNewswire/ -- A report from China Daily: 

In front of the camera, Manzoor Hussain Soomro, 67, in a suit, burst with vigor. Speaking of the role of youth in the Belt and Road Initiative (BRI), he cast his eyes to the volunteers present with visible excitement. "They are the future," he said. "They are more energetic than our generation and more adapted to modern technology, and they are the world's future leaders."

It was the seventh time that Professor Manzoor Hussain Soomro has taken part in the Belt and Road Teenager Maker Camp and Teacher Workshop. The sight of the teachers and students from Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Uzbekistan, countries along the Belt and Road, as well as the Chinese volunteers who worked at the venue, impressed him with the aim of the event: to draw on the power of youth. A sustainable supply of talent is a decisive factor for growth in the field of science and technology and beyond.

Railways, roads and bridges bring in engineers

" Science and technology are powerful. For countries with young people who are not good at the development and application of technology, they must seek cooperation to catch up," Soomro said. The Pakistani teacher is committed to researching international scientific and technological collaboration, especially collaboration among BRI partners. He is recognized as an international heavyweight as Vice President of the Belt and Road International Science Education Consortium (BRISEC) and a recipient of the Chinese government's Friendship Award in 2020.

Soomro refers to Pakistan, his home country, as a laboratory for many collaborative projects between China and other BRI partners. In recent years, he has seen railways, highways, bridges, dams and other large infrastructure projects spring up in Pakistan as a result of close collaboration with China. Upon the completion of these projects, many Pakistanis have been employed for the daily maintenance of the facilities, after which they would be trained to be engineers or technicians with scientific literacy. "It will offer great access to science education [for young people in developing countries], Soomro said. As part of the BRI, youth training has kept pace with the times and has delivered remarkable outcomes.

A teenager grows out of a village without electricity

Soomro grew up poor in a hot Pakistani village with no electricity and little access to information.

His father, a farmer, had no formal education but was wise in raising his young son, encouraging his curiosity about and exploration of the world of science, including astronomy.

As a student, Soomro had a strong desire to escape poverty. He loved science, and as he explored it, he came to realize the significance of communication and education for individual growth. After excelling in various science competitions he was awarded the President's Merit Scholarships in Pakistan and travelled to the United Kingdom to pursue a PhD. He has gradually earned his place on the international stage and has been engaged in more and greater international collaboration.

Technology gives the underprivileged access to education

Working experience in UNESCO, FAO UN and other organizations has made Soomro deeply aware of the role of science and technology in helping the disadvantaged. In the past, in some remote rural areas, schools were understaffed and under-equipped, especially for subjects such as physics. Science is dynamic but generally the teachers don't get updated training. As a consequence, their education quality lagged far behind that of city schools. The introduction of distance education and collaboration with external teachers has made it possible to greatly improve education in poor areas. However, there is no replacement for the face to face interaction.

Personalized learning is also more favorable for education as artificial intelligence is introduced into traditional classrooms, Soomro says. Students can adjust the pace and difficulty of their learning to suit their needs, and those with disabilities and those who speak different languages are no longer shut out of education.

"Young people can work together instead of just competing and comparing with each other." "The future of work will change drastically, but it is predictable that strong critical thinking, analytical capability, adaptability and continuous learning will all be vital for young people."

Through the Maker Camp organized by the China Association for Science and Technology and local governments, he says, he expects young person will find their own unique strengths, discover themselves and will learn to work with others while pursuing their dreams. His idea is consistent with the vision of the BRI: drawing on one's strengths so as to achieve growth that everyone benefits from.

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MUMBAI, India, Nov. 18, 2023 /PRNewswire/ -- OKX, a leading Web3 technology company, today launched its cricket-themed 'Be a Crypto Player' Web3 ad campaign in India. Strategically timed to coincide with the 2023 international cricket championship final between India and Australia in Ahmedabad on November 19, the campaign positions OKX as a key Web3 player in India and showcases its comprehensive suite of Web3 products.

Scheduled to launch with a prominent takeover of X (formerly known as Twitter) across the Indian market on November 19, the ad campaign revolves around a character named Ajay, who is engrossed in the international cricket championship final. In the ad, Ajay hears the voice of OKX encouraging him to become a crypto player and join a community of millions in a new economic system powered by Web3.

The goal of the ad is to inspire the wider audience to embrace the world of Web3 via the OKX Wallet, which makes crypto accessible for everyone. The ad highlights the benefits of OKX's all-in-one Web3 wallet, which provides access to 200,000 tokens via its DEX aggregator, as well as thousands of NFTs and DApps across nearly 80 blockchains. The ad, available in Hindi in addition to English, also marks OKX's recent addition of Hindi support to its Web3 wallet.

OKX Chief Marketing Officer Haider Rafique said: "India's growing enthusiasm for crypto and its position as a significant market for Web3 users have made us prioritize the country in our expansion efforts. The campaign aims to introduce the Indian market to the world of Web3, encouraging users to explore the countless possibilities offered by blockchain technology. It also reflects our commitment to driving the widespread adoption of this revolutionary technology in the country, while encouraging people to learn about Web3 and its applications in a responsible way."

This campaign follows the recent launch of OKX Crypto Cricket Cup, an interactive competition that ran from October 5 to November 5 alongside the 2023 international cricket championship. The competition saw participation from over 80,000 users and aimed to encourage eligible participants to learn about Web3, capture exclusive, cricket-themed NFTs and compete for a share of a prize pool worth over USD200,000.

As part of its expansion efforts in India, OKX's Web3 team will strengthen its connection with India's thriving developer community by organizing Web3 activations, hackathons and side events at prominent developer events during the month of December. Some of the events they will be participating in include EthSign, Polygon Connect and ETH India.

For further information, please contact:
Media@okx.com

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

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- Interests Grow for Reunion with Pets Across the Rainbow Bridge

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- A 3D video of a black dog, running joyfully across the grassy White House lawn, its luxurious fur flowing, has captured attention in New York Times Square.

This black dog, unveiled on November 11th, resembles 'Bo,' the beloved First Dog of the United States during the tenure of former President Barack Obama. With its sparkling black eyes, white socks-like front paws, and a sleek black fur coat, the dog resembles Bo. Despite its brief 15-second duration, the video conveys the earnest gaze of Bo, expressing a longing to reunite with its family through XOOX. This heartfelt expression is deeply moving for many who have lost their pets. There is particular interest in how the Obama family, who adored Bo, will react to this video.

The video was created on the pet-exclusive pet networking service(PNS) application XOOX, based on short-form content challenges. XOOX, which was launched on the 11th, is currently developing avatars of departed pets. Utilizing videos and photos captured during their lifetime, XOOX aims to create avatars closely resembling the pets. According to XOOX, this allows families to reunite with their departed pets, comforting those who miss their beloved companions. Kristen Kim, the PR manager at XOOX, stated, "With the consent of pet owners, we use data from registered pets to create avatars. The purpose of creating pet avatars is to convey emotions and healing through encounters that transcend time and space."

XOOX is an application operated through pet accounts, not human ones. XOOX provides a service function that analyzes the patterns around the eyelids and eyes of pets to register their Face Detection biometric ID and then verify their identification. XOOX has launched various specialized pet applications, including pet-exclusive music, urine diagnostic kits, and games, alongside its main application based on short-form content challenges. Additionally, they plan to release an application integrating pet DNA and MBTI, building on the launch of the pet urine diagnostic kit app developed in collaboration with Medi Cloud, a global genetic analysis company based on NGS technology.

Upon joining XOOX, 1 penny is automatically donated to the XOOX Foundation. The funds from the XOOX Foundation are allocated to campaigns advocating for global pet welfare law reforms.

Company: XOOX LAB, INC
Website Address: www.xoox.pet
Contact Person: Kristen Kim
Email address: Press@xoox.pet

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DUBAI, UAE, Nov. 15, 2023 /PRNewswire/ -- Bybit, the world's third-largest crypto exchange by volume, is excited to announce the launch of Easy Options — a new, user-friendly tool designed to simplify options trading. This groundbreaking feature, available from Nov. 15, 2023, streamlines options trading, allowing users to easily identify and capitalize on opportunities.

Easy Options is an entry-level tool that eliminates the complex process of filtering through numerous expiration dates and prices. By showcasing popular options and crucial information, it enables users to quickly grasp profit opportunities with a one-click buy solution.

Easy Options comes with exploration and selection functions. These include:

• Popular Option Recommendations: Handpicked options for effective trading
• Tracking of Large Transactions: Insight into significant market movements
• Simplified Selection Process: Easy-to-understand presentation of profit conditions, costs, and price movements

This feature is particularly beneficial for beginners, traders seeking profit opportunities, and those who wish to emulate expert traders. 

Easy Options can be used with Bybit's Unified Trading Account (UTA), which enhances trading efficiency. The UTA system lowers margin requirements on hedged positions, thus increasing capital efficiency by using profits from winning positions to offset losses in the same portfolio.

"Our aim at Bybit has always been to make trading accessible and efficient for everyone," said Sebastian Gawenda, Global Head of Options at Bybit. "With Easy Options, we're lowering the entry barrier for novice traders, providing them with the tools to understand and leverage market dynamics effectively."

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.

For media inquiries, please contact: media@bybit.com 

For more information please visit: https://www.bybit.com

For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube

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VICTORIA, Seychelles, Nov. 15, 2023 /PRNewswire/ -- Bitget, a leading cryptocurrency exchange and web3 company, is thrilled to introduce Elite Trader Private Mode, a cutting-edge feature designed to redefine the world of copy trading for professionals.

Elite Trader Private Mode, set to launch in November 2023, creates an exclusive environment for professional traders and their dedicated followers. This innovative mode enhances the trading experience for both experts and their loyal follower bases, offering unique advantages that set it apart.

This new feature encompasses four pivotal components:

1. Whitelist Invitation: Professional traders can now personally invite specific users to follow their strategies, cultivating a loyal and valuable follower base. Customized invitation links empower experts to build their exclusive communities.
2. Trading Strategy Protection: Within the Private Mode, trading experts can exclusively share their strategies with their dedicated followers, ensuring comprehensive strategy protection. It empowers traders to maintain the confidentiality of their trading methods.
3. Profit Sharing Ratio Customization: Elite Trader Private Mode abolishes the need to lock up BGB (Bitget native tokens), enabling the flexible customization of profit-sharing ratios, ranging from 0% to 99%. This maximizes profit-sharing opportunities for traders, recognizing their significant contributions to the platform.
4. Personalized Follower Management: Experts and professional traders can closely monitor their followers' trading activities. This feature grants the ability to add and remove followers for more efficient management, ensuring that the community thrives.

The introduction of Elite Trader Private Mode reflects Bitget's unwavering commitment to delivering tailored solutions and continuously enhancing its platform based on user feedback. Bitget firmly places the needs of its traders at the forefront, creating a private trading environment that caters to their preferences. This tailored approach cultivates a unique trading experience.

Gracy Chen, Managing Director of Bitget, expressed her excitement about this new addition, saying, "We are committed to continuously improving our platform and providing tailored solutions to meet the diverse needs of our valued traders. Elite Trader Private Mode is a testament to our dedication to creating an enriched trading experience for our community."

For professional traders, Elite Trader Private Mode opens doors to substantial profit-sharing opportunities, recognizing their invaluable contributions to the Bitget community. Followers gain access to exclusive services and receive unparalleled support from top global trading experts, enriching their trading journeys.

The feature also fosters community building, encouraging interaction, collaboration, and knowledge sharing among traders. Elite Trader Private Mode is poised to strengthen Bitget's trading community by promoting camaraderie among its members.

Aside from copy trading, Bitget has been actively launching product upgrades to aid smarter trading. The recent introduction of the AI-empowered series for Martingale Strategies, grid trading, and auto-invest, as well as Futures Quants, exemplify Bitget's commitment to providing state-of-the-art tools for traders. These enhancements are designed to streamline the trading process, save time, and maximize efficiency, allowing traders to better adapt to market conditions and optimize trading performance.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet 

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BEIJING, Nov. 15, 2023 /PRNewswire/ -- The 2023 Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting is about to commence in San Francisco. The upcoming meeting between the Chinese and the U.S. heads of state is eagerly anticipated.

Officials from heavyweight international organizations and the United States agree that sound China-U.S. relations are particularly important nowadays and that the bilateral conversation is set to bring optimism and opportunities to the world.

Xi-Biden meeting expected to bring 'a strong dose of optimism'

Rebecca Fatima Sta Maria, executive director of the APEC Secretariat, said, "The fact that the two important biggest economies are here to have the very important conversation, a crucial conversation, at this time really opens the door to other opportunities for the world."

"It brings a strong dose of optimism as the year comes to a close and the start of the next year," she said.

She added that countries should look at more holistic benefits that can spur global growth from a broader perspective.

In an exclusive interview with CGTN, former Director-General of the WTO Roberto Azevedo said he hopes the U.S. and China can find a way to move forward through the meeting, as a more positive environment between the two superpowers is "absolutely fundamental for the world to feel safer, to feel that we are on the right path."

He suggested that both sides be open to talking and listening to something they don't want to hear.

Gita Gopinath, the first deputy managing director of IMF, told CGTN that it's critical for China and the U.S. and for the global economy to have close relations and good working relations. "There has to be a way for both countries to be able to work together," she said.

Meanwhile, former U.S. Secretary of Energy Steven Chu told CGTN in an interview that "decoupling" between the U.S. and China is a "bad idea," adding that if they do so, whatever little trust left will also begin to vanish.

Noting China has emerged as a significant player and the world's second-largest economy, Chu said the U.S., China and Europe need to work closely to achieve zero carbon.

New starting point for people-to-people exchanges

The Philadelphia Orchestra is back in China 50 years after its historic trip in 1973 when it became the first American orchestra to visit the country.

From November 9 to 18, it is performing concerts and organizing residency activities in Beijing, Tianjin, Suzhou and Shanghai.

In an exclusive interview with CGTN, Tristan Rais-Sherman, the assistant conductor of the Philadelphia Orchestra, said, "We are really excited to celebrate this historic event and this historic moment."

The assistant conductor said he hoped the visit could become a good starting point and that other American orchestras will continue the comeback to play for the Chinese audience.

After the Philadelphia Orchestra concert in Beijing, U.S. Ambassador to China Nicholas Burns told CGTN that music unites the two countries. "In 1973, the orchestra came here and brought the two countries together; now we are in another time, where the two countries are reconnecting, our leaders are, our governments are, and our people are."

China and the U.S. also saw regular direct passenger flights increase again starting November 9, bringing more people-to-people exchanges between both countries. 

San Francisco, the host city of the upcoming APEC meeting, is well-prepared to draw global attention with its deep cultural and economic ties to the Asia-Pacific region, which could be seen from the historic Chinatown and the fact that a third of its residents have Asian or Pacific Islander ancestry.

Describing the city as a gateway to the Asia Pacific, London Breed, the 45th Mayor of San Francisco, said the city looks forward to building bridges and a better relationship. Breed added that she couldn't wait to see Chinese tourists.

With lanterns always hanging in the city's Chinatown throughout the year, Breed said the city is ensuring they "shine brighter in the APEC."

https://news.cgtn.com/news/2023-11-15/Xi-Biden-meeting-expected-to-find-right-path-improve-bilateral-ties-1oJGBuvMShq/index.html   

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