Fineqia Appoints Independent Trading Group as
Market Maker for FNQ on Canadian Securities Exchange
London, UK / Apr. 13, 2023 --
InvestorsHub NewsWire -- Fineqia International Inc.
(the "Company" or
"Fineqia")
(CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is pleased to announce
that it has appointed Independent Trading Group ("ITG"), Inc. as a
market maker for its shares traded on the Canadian Securities
Exchange ("CSE").
ITG is a leading Canadian trading firm, providing liquidity and
execution services to clients around the world. 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.
"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."
As a market maker, ITG will buy and sell Fineqia's shares on the
CSE, which is the Company's primary listing venue as well as other
alternative Canadian trading venues, providing liquidity while
maintaining an orderly market. This will enable investors in
Fineqia to buy and sell shares more easily.
"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."
Independent Trading Group (ITG) is a wholly owned subsidiary of DVX
Capital Markets.
DVX Capital Markets 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.
The contract with ITG is for an initial 3-month period, with
automatic monthly extensions thereafter by mutual agreement.
About Fineqia International Inc.
Fineqia (www.fineqia.com) is a digital asset business
that builds and targets investments in early and growth stage
technology companies that will be part of the next generation of
the Internet. It also provides a platform to support and manage the
issuance of debt securities in the UK. Publicly listed in Canada
(CSE: FNQ) with offices in Vancouver and London, Fineqia's
portfolio of investments includes businesses at the forefront of
tokenization, blockchain technology, NFTs, and fintech.
About Independent Trading Group
Independent Trading Group (ITG), Inc. is a
Toronto based IIROC dealer-member that specializes in market
making, liquidity provision, agency execution, ultra-low latency
connectivity, and bespoke algorithmic trading solutions.
Established in 1992, with a focus on market structure, execution
and trading, ITG has leveraged its own proprietary technology to
deliver high quality liquidity provision and execution services to
a broad array of public issuers and institutional
investors.
FOR FURTHER INFORMATION, PLEASE
CONTACT:
Katarina Kupcikova, Analyst
E. katarina.kupcikova@fineqia.com
T. +44 7806 730 769
Media Contact
Angus Campbell
Nominis Advisory
angus@nominis.co
FORWARD-LOOKING STATEMENTS
Some statements in this release may contain forward-looking
information (as defined under applicable Canadian securities laws)
("forward-looking statements"). All statements, other than of
historical fact, that address activities, events or developments
that Fineqia (the "Company") believes, expects or anticipates will
or may occur in the future (including, without limitation,
statements regarding potential acquisitions and financings) are
forward-looking statements. Forward-looking statements are
generally identifiable by use of the words "may", "will", "should",
"continue", "expect", "anticipate", "estimate", "believe",
"intend", "plan" or "project" or the negative of these words or
other variations on these words or comparable terminology.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond the Company's ability to
control or predict, that may cause the actual results of the
Company to differ materially from those discussed in the
forward-looking statements. Factors that could cause actual results
or events to differ materially from current expectations include,
among other things, without limitation, the failure to obtain
sufficient financing, and other risks disclosed in the Company's
public disclosure record on file with the relevant securities
regulatory authorities. Any forward-looking statement speaks only
as of the date on which it is made except as may be required by
applicable securities laws. The Company disclaims any intent or
obligation to update any forward-looking statement except to the
extent required by applicable securities laws.
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