nTrade signs Emas Fintech as first customer in Asia

LABUAN, Malaysia - March 31, 2020 - PRLog -- Malaysian-based Neurogine Group's newly launched investment trading platform, nTrade, has secured its first corporate customer in Asia, reflecting positive sentiments for its services and technology despite testing times in the region.

Neurogine Group CEO Owen Chen said Emas Fintech Inc. is the first corporate customer in Asia for nTrade, Neurogine's new investment trading and money broking platform, operated by Neurogine Capital (L) Ltd. "This validates positive sentiments for our technology in the region with nTrade answering needs from money brokers, investment managers, fund operators, financial institutions and banks," he said. Neurogine Capital is licensed by Labuan Financial Services Authority to operate money broking activities.

Emas Fintech CEO Jason Kellady expects trade volume to exceed USD100 million using nTrade in 2020. "We expect a monthly trading volume between USD10 million to USD15 million," said Kellady explaining Emas Fintech is a regional boutique investment fund agency and licensed fund remittance operator in Philippines. It manages investment fund portfolios of investors from Philippines, China to Singapore. "We foresee digital investment trading and financial services will grow despite current economic pressures caused by Covid-19."

Money brokering services in nTrade starts with four fiat currencies (e.g. USD, EUR, RMB and SGD) and digital currencies (e.g. BTC, ETH, LTC and USDT), while investment trading services makes use of nTrade's Intelligent Order Routing (IOR) engine to access several Digital Asset Exchanges true price visibility on more than 51,000 pairs, the largest of its kind in this region. "Our engine can seek dynamic routes to capture true price visibility e.g. USD: SGD, then SGD: RMB, then RMB: EUR, on several exchanges in unison, yielding better rates instead of a single direct route. This ability to reflect true price visibility leads to significant price improvements and represents a major disruption in today's industry."

"We decided on nTrade after evaluating many platforms and have found nTrade uniquely superior with its price performance features, IOR capabilities, wide choices of fiat and digital currencies, hot or cold wallet transfers, simplified operations and interfaces. The routing algorithms, synthetic pairings, responsiveness, transparency and significant base pairs (bps) improvement has exceeded our expectations," said Kellady.

He emphasised nTrade allow clients the flexibility to deposit, trade, transfer or withdraw fiat currencies, digital currencies or hot wallets, cold wallets, fiat accounts or any combination, at any given time. "We anticipate trading volumes to start between USD5 million to USD 10 million this quarter, and increase two-fold in the second half of 2020 as our investors capitalise on market opportunities."

http://www.neurogine.com
http://www.emasfintech.com