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Hola Prime Establishes Industry’s First Dedicated Risk Compliance Team

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1 month ago

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New York, NY – 30/12/2024 – (SeaPRwire) – Hola Prime is proud to announce that they have established the industry’s first dedicated risk compliance team. In an industry often scrutinized for its lack of oversight, Hola Prime is setting new benchmarks for fair, compliant, and secure trading environments. Unlike traditional brokerage firms, the proprietary (prop) trading industry remains largely unregulated, yet Hola Prime has proactively embraced self-regulation to instill confidence and trust among traders worldwide.

Leading this charge is Mr Ashutosh Sharma, Head of Risk and Compliance at Hola Prime. As a Chartered Accountant with extensive experience in audits and controls, Ashutosh has worked with EnY and gained a solid understanding of EU regulations during his tenure in Spain, bringing unmatched expertise to the firm’s operations. In his previous role, he led the Operations function for a Forex and CFDs Broker regulated in the EU (HCMC, Greece) and South Africa (FSCA), where he crafted policies and procedures for day-to-day operations, ensuring efficient processing and full compliance with regulatory requirements. This experience laid the foundation for his innovative approach at Hola Prime.

“We operate as though stringent regulations already exist. From daily cash flow monitoring to real-time order flow management, we leave no room for ambiguity. Our systems ensure payouts are planned a day in advance, with a robust 30-40% financial cushion to ensure seamless operations”, said Mr Ashutosh.

At the core of Hola Prime’s strategy lies meticulous financial planning and execution. Ashutosh and his team monitor cash reserves, liabilities, and exposure daily, ensuring payouts are timely and market exposure remains capped. This rigorous approach not only secures the firm’s financial health but also reinforces its reliability. Real-time order flow management further streamlines operations, ensuring trades transition from simulated accounts to live markets in under two minutes. This process minimizes risk exposure while optimizing performance – a critical aspect of Hola Prime’s commitment to trader success.

Hola Prime also stands out with its Price Transparency Report, a tick-by-tick comparative analysis between market prices and those provided by its liquidity partners. This innovation empowers traders to independently validate trades, holding Hola Prime accountable to the highest standards. “The Price Transparency Report is as essential for us as it is for our traders. It ensures our liquidity providers deliver prices aligned with the market – building accountability at every level,” Mr Ashutosh explains.

Technology forms the backbone of Hola Prime’s operations. From real-time order flow to generating detailed reports, its advanced IT infrastructure ensures flawless execution and reliability. Parallel simulated environments and regular system checks safeguard processes, offering traders peace of mind as they invest their hard-earned capital. The firm also implements stringent KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to prevent fraudulent activities. Mr Ashutosh’s team ensures all funds are clean, traders are genuine, and accounting practices remain transparent and compliant.

“Traders trust us with their time and money. It is our responsibility to provide visibility into our systems and processes. Transparency is the foundation of trust, and we are committed to building an environment where traders can thrive without worry,” Mr Ashutosh emphasizes.

By combining transparency, innovative technology, and robust risk management, Hola Prime is redefining industry standards. Its self-regulated model demonstrates that accountability and fairness can coexist with growth – providing traders with the confidence they need to succeed. For those seeking a trustworthy, compliant, and technologically advanced prop trading firm, Hola Prime stands as a pioneer.

About Hola Prime

Hola Prime is a leading global proprietary trading firm with a strong presence in the UK, Hong Kong, Cyprus, Dubai, and India. Renowned for its commitment to transparency, Hola Prime serves prop traders across 175+ countries, offering access to over 50 trading instruments. The firm is dedicated to empowering traders with real-time risk management, advanced technological infrastructure, and a secure trading environment. Committed to fairness and trust, Hola Prime ensures seamless payouts, robust compliance, and a reliable trading experience. With multiple trading platforms and a focus on bringing freshness to the prop trading industry, Hola Prime is redefining the future of trading.

Social Media

Facebook: https://www.facebook.com/profile.php?id=61565158992654

Instagram: https://www.instagram.com/holaprime_global/

YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

X: https://x.com/HolaPrimeGlobal

Discord: https://discord.gg/TJ7TcHPXBf

Quora: https://www.quora.com/profile/HolaPrime/

Reddit: https://www.reddit.com/user/HolaPrime/

Medium: https://medium.com/@social_46267

Media contact

Brand: Hola Prime

Contact: Media team

Email: marketing@holaprime.com

Website: https://holaprime.com/

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi …

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Press Release

Memory Lane Games partners with The Senior Care Influencer Lance A. Slatton as Brand Ambassador

Published

9 hours ago

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February 1, 2025

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LIVONIA, MI, United States, 1st Feb 2025 – Lance A. Slatton, known throughout the health care and senior living community as “The Senior Care Influencer,” recently partnered as a Brand Ambassador with Memory Lane Games, provider of the leading app for dementia and Alzheimer’s engagement. Slatton, a highly respected writer, author and healthcare professional with over 20 years experience in the healthcare industry, is the host of the award-winning and popular podcast & YouTube show “All Home Care Matters,” the nation’s leading voice in long-term care.

 

Memory Lane Games is available direct to families via the app stores and delivers thousands of professionally-curated, inclusive reminiscence and speech and language games on hundreds of topics.  Playing helps stimulate conversation and triggers positive memories to make a significant difference to people living with dementia and those that care for them.

This partnership unites Memory Lane Games’ innovative app with Slatton’s mission to provide information and resources to the community. Together, they aim to promote the power of the app as a therapeutic tool, engaging individuals in cognitive and emotional wellness while bringing families closer through shared experiences.

“I’m honored to partner with Memory Lane Games,” said Slatton, who also is a senior case manager at Enriched Life Home Care Services in Livonia, MI, and received the distinction as “Top Influencer for Healthcare and Advocacy” in 2024. “I’ve seen firsthand how games can support cognitive health, help individuals maintain a connection to their past, and provide families with meaningful ways to engage with their loved ones. Memory Lane Games is an incredible resource, and I look forward to working together to make a positive impact on the lives of many.”

Memory Lane Games CEO Bruce Elliott said he is “thrilled” to have Slatton as a brand ambassador. “His passion for maintaining and improving the quality of life of the aging population aligns perfectly with our vision,” he said. “We believe that our app, which is designed to help stimulate memories for those living with dementia, connects generations and fosters joyful moments, and we think it will resonate deeply with the communities Lance serves.”

Slatton, a recognized advocate for elder care, has been at the forefront of promoting compassionate home care and resources for families dealing with Alzheimer’s, dementia, and other age-related challenges. Through All Home Care Matters, he educates families and caregivers on the importance of emotional and mental stimulation in aging individuals, making him a natural fit for Memory Lane Games’ initiative.

As part of the collaboration, Slatton will actively promote Memory Lane Games across his platform, raising awareness about the benefits of nostalgic games for individuals with dementia, Alzheimer’s, and other memory conditions. This partnership will also include joint educational initiatives, social media campaigns, and resources to help caregivers integrate Memory Lane Games into their routines.

About Memory Lane Games
Memory Lane Games delivers professionally-curated, inclusive reminiscence and speech and language games which make a difference to people living with dementia AND those that care for them. In clinical trial, 92% of carers felt the app made them more relaxed and 58% of carers believed it helped the person with dementia communicate more. Our games are played across the world because they are frustration-free and specifically designed to stimulate conversation, reminiscence, to trigger positive memories and even help make new ones.  With a library of thousands of games on topics from music to mountains and pets to places there is something to interest everyone across cultures and generations and this can be further enhanced with the addition of personalized games.  The app is available direct to families via the app stores and is provided to businesses in the care sector, branded, localized and personalized, with training, reporting and family engagement tools. 

*Clinical Trial Results: https://co.memorylanegames.com/clinical-trial-2022/

For more information, visit https://www.memorylanegames.com/

About All Home Care Matters
All Home Care Matters, the nation’s leading voice in long-term care. has received the following notable awards: 2023 Recipient of the coveted YouTube Creator Award for surpassing 100,000 subscribers; 2023 Recipient of the Award of Distinction from the Academy of Interactive Visual Arts – The Communicator Award for Film & Video in Health and Wellness; 2023 Recipient of the Silver Award from the Academy of Interactive Visual Arts –  The w3 for Social Campaigns in Health and Wellness in Film & Video; 2024 Recipient of the Award in Excellence from the Academy of Interactive Visual Arts –  The Communicator Award for Film & Video in Social Campaigns & Series in Healthcare; 2024 Recipient of the GOLD w3 Award for Branded Entertainment in Health & Wellness for Dementia & Social Media; and Recipient of the 2024 International Impact Book Award in the category of Caregiving. Official Website: https://www.allhomecarematters.com
 

Media Contact

Organization: Memory Lane Games

Contact Person: Lisa Karran

Website: https://www.memorylanegames.com/

Email: lisa.karran@memorylanegames.com

City: LIVONIA

State: MI

Country: United States

Release Id: 01022523129

The post Memory Lane Games partners with The Senior Care Influencer Lance A. Slatton as Brand Ambassador appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Festive frenzy: Spring Festival ignites China’s economy

Published

11 hours ago

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February 1, 2025

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CGTN recently published an article exploring how the extended eight-day Spring Festival spurred a surge in Chinese consumption. With more time to travel and spend, the holiday created a boom for businesses across the country. The article also highlighted the immense excitement for six highly anticipated blockbusters that hit theaters during the holiday, reflecting the growing cultural importance of cinema and its role in boosting the economy.

 

Festive frenzy: Spring Festival ignites China’s economy

Stocking up on Chinese New Year goods, visiting loved ones, indulging in reunion feasts and attending vibrant temple fairs – China’s Spring Festival, the most cherished traditional celebration, is not only a time for family reunions, but has also become a major driver of consumption.

This year, with the Chinese government designating New Year’s Eve as a statutory holiday, the Spring Festival holiday has been extended to eight days, creating even more opportunities for businesses to thrive.

Extended holiday fuels tourism boom

The eight-day holiday has sparked people’s tourism enthusiasm. According to the Ministry of Transport, this year’s Spring Festival travel rush is expected to set new records in total trips. Over the 40-day period, cross-regional travel is projected to reach 9 billion trips.

During this Spring Festival, many Chinese opted for both family reunions and travel. “The longer holiday gives me the flexibility to both visit family and take a trip,” said Fang Ying from Lanzhou City, Gansu Province, who plans to reunite with her family before heading to Japan for skiing.

Flight booking data from Qunar, a Chinese online travel agency, reveals that 50 percent more travelers are purchasing multiple tickets compared to last year, thanks to the extended break.

As this is the first Spring Festival following its inclusion in UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity, destinations with unique local traditional cultural activities are drawing increasing crowds. Famous events like Quanzhou’s puppet shows, Shantou’s Yingge dance and the Yuyuan Garden Lantern Festival in Shanghai are becoming must-see attractions for both locals and tourists alike.

Outbound tourism has also reached new heights. According to Qunar, Chinese tourists visited over 2,100 cities worldwide, a 50-percent increase from last year. Ctrip, another online travel agency, reports that cross-border travel orders on the holiday’s first day were up by more than 30 percent. Top destinations include Japan, Thailand, the U.S., Singapore, Australia and Vietnam.

Foreign tourists join the festivities in China

Thanks to relaxed visa policies, such as the “240-hour visa-free transit” rule, more international visitors are choosing to visit China during the Spring Festival. Ctrip’s data shows a remarkable 203 percent year-on-year increase in inbound travel orders during the holiday, with tourists flocking from countries including South Korea, Japan, the U.S., Australia and the UK.

To enrich the visitor experience, many attractions have introduced special Spring Festival activities. For instance, Chengdu’s Wuhou Temple hosted a festive “Little Fortune God” event, where six foreign children were chosen as the “Little Fortune God,” a symbolic role believed to bring good fortune to themselves and their families in the year ahead.

A visitor from Singapore shared her experience with the China Media Group: “I heard the Yuyuan Garden Lantern Festival is a must-see event in Shanghai, and it truly lives up to its reputation.” This is her first trip to China, and she has already tried local delicacies like “da bing” (Chinese pancake), “you tiao” (fried dough sticks), “cifan” (glutinous rice rolls) and “dou jiang” (soy milk) in other Chinese cities.

To make travel easier for international visitors, many apps have launched their English versions. For example, Baidu Maps has introduced its English version, providing detailed information on over 1.5 million points of interest, from restaurants to shopping centers, helping eliminate language barriers.

Spring Festival film frenzy

While many travelers are exploring the world, others are enjoying China’s exciting Spring Festival film lineup.

This year’s movie season boasts several highly anticipated blockbusters, including “Ne Zha 2,” “Detective Chinatown 1900,” “Creation of the Gods II,” “The Legend of the Condor Heroes,” “Operation Hadal” and “Boonie Bears.” These movies span genres such as animation, mythology, martial arts, suspense and action.

On the first day of the Chinese New Year (January 29), box office revenue reached a record-breaking 1.806 billion yuan (about $251 million), surpassing the 2021 record of 1.693 billion yuan. By January 31, total box office earnings, including pre-sales, had already exceeded 4 billion yuan, with “Ne Zha 2” leading the pack at 1.3 billion yuan.

The success of these films underscores the rising popularity of domestic intellectual properties (IPs), signaling a promising future for the Chinese film industry. Analysts believe this trend will continue to fuel the growth of creative new works, further establishing Chinese film IPs as powerful global brands.

For more information, please click here:

https://news.cgtn.com/news/2025-01-31/Festive-frenzy-Spring-Festival-ignites-China-s-economy-1AC4Uf2y1gI/p.html

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Powerledger’s POWR token is live on Raydium and Jupiter decentralised exchanges

Published

11 hours ago

on

February 1, 2025

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San Francisco, California, 1st February 2025, ZEX PR WIRE, Powerledger (POWR) announces that its POWR token on Solana is now officially available on decentralised exchanges (DEXs), Raydium and Jupiter. The listing of POWR on these exchanges highlights a key step in Powerledger’s roadmap after integrating with the Solana ecosystem. 

POWR token’s availability on Raydium and Jupiter is aimed at:

  • Seamless swapping: With the addition of POWR to Raydium and Jupiter, POWR token holders can now seamlessly swap POWR tokens via Raydium and Jupiter’s intuitive interface.  

  • Better reach and liquidity for POWR:

    Listing POWR on decentralised exchanges expands the token’s reach to a broader global audience, creating liquidity that drives higher adoption and engagement.

  • ReFi momentum

    Listing POWR, a sustainability-focused asset, on Raydium and Jupiter marks a significant milestone and highlights ReFi’s growing momentum on Solana. 

With the aim of democratising power, Powerledger is bringing scalability, speed, and transparency to the energy market. Recently, Powerledger was recognised as one of the top 50 companies in Crypto Valley, Switzerland, and featured in the CV Labs report. 

“Listing POWR on Raydium and Jupiter marks a key step in expanding the token’s accessibility and liquidity. This move not only broadens global reach but also accelerates the adoption of POWR token,”  says Powerledger’s Co-founder & Chairman, Dr. Jemma Green.

POWR is now available on Raydium. Check the link here.
POWR is now available on Jupiter: Check the link here.

About Powerledger

Powerledger is a Web3 company that creates blockchain-based solutions for tracking, tracing, and trading of clean energy to solve press energy challenges caused by integration of renewables on the grid. Founded in 2016, Powerledger is known for being Australia’s first and most successful ICO. Powerledger has previously experimented with Bitcoin and Ethereum forks before transitioning to a hard fork on Solana. Now, Powerledger is integrated with Solana Mainnet. Headquartered in Zug, Powerledger is recognised as one of the top 50 companies in Crypto Valley, Switzerland. 

For more information, please visit https://www.powerledger.io/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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