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CGS-CIMB Futures has launched the country’s first global syariah-compliant futures account for Chicago Mercantile Exchange (CME) and Singapore Exchange (SGX) products.
KUALA LUMPUR: CGS-CIMB Securities has appointed two new members to its executive team, namely Azizah Mohd Yatim (pic) as the new CEO (designate) and Khairi Shahrin Arief Baki as deputy CEO of sales.
THE recent proposal by Alliance Bank Malaysia Bhd to dispose of its stockbroking unit to Phillip Futures Sdn Bhd may suggest further consolidation is in store for the stockbroking industry, in view of dwindling trading volumes this year. Last year was an exceptional one for stockbroking firms. Trading interest, particularly among younger investors, picked up swiftly after the global equity rout in March.
Pertama Digital Bhd said Monday it has inked a memorandum of understanding with CGS-CIMB Securities Sdn Bhd to develop and bring to market digital financial services that empower investors in post-pandemic Malaysia.