The ACI UK, a trade association operating in the foreign exchange (forex), money and derivative markets, announced on Tuesday evening that it has signed a (MoU) with The Society of Technical Analysts (STA).
ACI UK , broking, operations, regulatory and compliance activities. The STA is a not for profit organisation which aims to bring a greater understanding of technical analysis to the global investment community.
Under the MoU, both associations will build on the synergy between their organisations, as both agencies are focused on the investment community. Together, they will develop and promote events and other activities to benefit their members.
MoU to increase education in investment space
Not only that but the agreement is based on the shared commitment between ACI UK and the STA to further educate and enhance professional development within this space, the statement said.
“As a long standing member of ACI UK I have been impressed with the quality of their events and educational activities and look forward to exploring new opportunities with them that will benefit all of our members.”
MoU’s are a common way for associations, regulations and organisations to collaborate on issues that are mutually beneficial. Last week, the Hong Kong Monetary Authority (HKMA) with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) to support financial technology innovation.