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RedRay MGA Pte Ltd – the first exclusive Healthcare MGA in Asia

Everest International Reinsurance Limited (Singapore Branch) appoints RedRay to quote and bind policies for healthcare sector SINGAPORE – Media OutReach Newswire – 14 January 2025 – RedRay MGA Pte. Ltd. (RedRay), a Managing General Agent (MGA), announced today its appointment as the exclusive underwriting agent for Everest International Reinsurance Limited, Singapore Branch (EIS) for Medical Malpractice Liability Insurance and associated coverages in Asia. EIS has obtained the relevant regulatory approval to appoint RedRay as its underwriting agent to quote and bind policies specific to clients in the healthcare sector. RedRay is now EIS’ first exclusive healthcare MGA in Asia. RedRay’s healthcare MGA caters to a broad spectrum of clients – from medical and allied health practitioner organisations to complex institutions such as Acute Hospitals, Teaching Hospitals, Clinics & Surgeries, Aged Care, Assisted Living and other specialty facilities. Healthcare clients can also avail themselves to customised packaged commercial insurance coverage across several lines to help save on their overall insurance expenditure. On RedRay’s appointment, Mr. Tomi Latva-Kiskola, Everest’s Regional Head of Insurance Asia said, “Our partnership with RedRay stems from our strategic alignment to target and grow in the fast-expanding healthcare sector. RedRay’s deep understanding of the unique exposures and expertise in this sector make it an ideal partner to expand our capabilities in Asia.” The region is primed for rapid healthcare change driven by shifting demographics, rising consumer expectations, technological innovations and limited legacy health infrastructure. The increasing demand for health services for an ageing population, the manpower training to achieve adequate doctor-patient ratios, infrastructure upgrades and digital health disruptions, are driving many governments in Asia to increase their investment in healthcare. Mr. Christopher Rummery, RedRay MGA’s CEO said, “We are delighted and humbled by our appointment to be EIS’ exclusive healthcare MGA. Building capacity with partners in rapidly growing sectors of the marketplace lies at the heart of our business. We complement insurance companies like EIS, which have growth ambitions in specialty lines of business, as they can quickly and efficiently tap into our entrepreneurial mindset, robust products and geographical expertise.” Mr. Kamal Hamzah, Head of Healthcare and Liability at RedRay MGA added, “Our partnership with EIS is well-timed as the healthcare industry continues to evolve and impact the indemnity needs of practitioners and institutions alike. Having medical malpractice specialists in the Asia Pacific region with close to 20 years’ experience, coupled with our agility and innovation allow us to deliver market-leading solutions for all our healthcare clients. I’m excited for the future of the region’s healthcare and look forward to growing further with our existing network of loyal partners and forging new ones.” Hashtag: #redray #everestreinsurance #medicalmalpractice #medmal #asiapacific #asia #healthcare #liabilityinsurance #professionalindemnity https://redray.asiahttps://www.linkedin.com/company/redray-asia The issuer is solely responsible for the content of this announcement. About RedRay At RedRay, we empower the most entrepreneurial insurance professionals in the Asia Pacific region to design, develop and deliver on profit-driven portfolios of insurance and reinsurance businesses. As a highly scalable ‘plug and play’ insurance distribution platform, we are designed for local and overseas insurers and reinsurers wanting access to the Asia Pacific business. RedRay’s value lies in its products, geographical reach and expertise. Our robust regional products, at targeted terms, supported by empowered and experienced people, working in partnership with insurers and reinsurers allow us to focus on the best opportunities in the region. We aim to foster trust to grow and enjoy successful long-term partnerships. More information can be found at www.redray.asia About Everest Group Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE: EG) is a component of the S&P 500 index. Additional information about Everest can be found at www.everestglobal.com.

Media OutReach

RedRay MGA Pte Ltd – the first exclusive Healthcare MGA in Asia

Everest International Reinsurance Limited (Singapore Branch) appoints RedRay to quote and bind policies for healthcare sector SINGAPORE – Media OutReach Newswire – 14 January 2025 – RedRay MGA Pte. Ltd. (RedRay), a Managing General Agent (MGA), announced today its appointment as the exclusive underwriting agent for Everest International Reinsurance Limited, Singapore Branch (EIS) for Medical Malpractice Liability Insurance and associated coverages in Asia. EIS has obtained the relevant regulatory approval to appoint RedRay as its underwriting agent to quote and bind policies specific to clients in the healthcare sector. RedRay is now EIS’ first exclusive healthcare MGA in Asia. RedRay’s healthcare MGA caters to a broad spectrum of clients – from medical and allied health practitioner organisations to complex institutions such as Acute Hospitals, Teaching Hospitals, Clinics & Surgeries, Aged Care, Assisted Living and other specialty facilities. Healthcare clients can also avail themselves to customised packaged commercial insurance coverage across several lines to help save on their overall insurance expenditure. On RedRay’s appointment, Mr. Tomi Latva-Kiskola, Everest’s Regional Head of Insurance Asia said, “Our partnership with RedRay stems from our strategic alignment to target and grow in the fast-expanding healthcare sector. RedRay’s deep understanding of the unique exposures and expertise in this sector make it an ideal partner to expand our capabilities in Asia.” The region is primed for rapid healthcare change driven by shifting demographics, rising consumer expectations, technological innovations and limited legacy health infrastructure. The increasing demand for health services for an ageing population, the manpower training to achieve adequate doctor-patient ratios, infrastructure upgrades and digital health disruptions, are driving many governments in Asia to increase their investment in healthcare. Mr. Christopher Rummery, RedRay MGA’s CEO said, “We are delighted and humbled by our appointment to be EIS’ exclusive healthcare MGA. Building capacity with partners in rapidly growing sectors of the marketplace lies at the heart of our business. We complement insurance companies like EIS, which have growth ambitions in specialty lines of business, as they can quickly and efficiently tap into our entrepreneurial mindset, robust products and geographical expertise.” Mr. Kamal Hamzah, Head of Healthcare and Liability at RedRay MGA added, “Our partnership with EIS is well-timed as the healthcare industry continues to evolve and impact the indemnity needs of practitioners and institutions alike. Having medical malpractice specialists in the Asia Pacific region with close to 20 years’ experience, coupled with our agility and innovation allow us to deliver market-leading solutions for all our healthcare clients. I’m excited for the future of the region’s healthcare and look forward to growing further with our existing network of loyal partners and forging new ones.” Hashtag: #redray #everestreinsurance #medicalmalpractice #medmal #asiapacific #asia #healthcare #liabilityinsurance #professionalindemnity https://redray.asiahttps://www.linkedin.com/company/redray-asia The issuer is solely responsible for the content of this announcement. About RedRay At RedRay, we empower the most entrepreneurial insurance professionals in the Asia Pacific region to design, develop and deliver on profit-driven portfolios of insurance and reinsurance businesses. As a highly scalable ‘plug and play’ insurance distribution platform, we are designed for local and overseas insurers and reinsurers wanting access to the Asia Pacific business. RedRay’s value lies in its products, geographical reach and expertise. Our robust regional products, at targeted terms, supported by empowered and experienced people, working in partnership with insurers and reinsurers allow us to focus on the best opportunities in the region. We aim to foster trust to grow and enjoy successful long-term partnerships. More information can be found at www.redray.asia About Everest Group Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest common stock (NYSE: EG) is a component of the S&P 500 index. Additional information about Everest can be found at www.everestglobal.com.

Media OutReach

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups Through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT (Artificial Intelligence of Things) and EvTech (Electric Vehicle Technology). According to research conducted in 2023, Indonesia’s startup ecosystem ranked second in the Southeast Asian region1. Industry-wide and cross-sector support are crucial for the sustainable development of the tech startup ecosystem. STARFINDO is committed to nurturing the growth of tech startups in Indonesia. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally. “Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners. This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia. Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers, including Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group. During the seminar, engineering experts from Arrow and these technology suppliers presented the latest market trends. They also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over 90 attendees to see firsthand how these technologies are applied to real-world scenarios. “By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner. We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business. 1 https://www.statista.com/topics/10216/startups-in-indonesia/#topicOverview Hashtag: #ArrowElectronics The issuer is solely responsible for the content of this announcement. About Asosiasi Startup for Industry Indonesia STARFINDO is an Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of the Republic of Indonesia. The association was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. STARFINDO aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.

Media OutReach

Trend trading: insights and strategies from global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – Trend trading is one of the simplest and most reliable strategies for Forex traders. The idea is straightforward: identify the market’s direction—upward or downward—and place trades accordingly, buying in an upward market and selling in a downward market. Start by selecting a time frame. A daily chart can show larger trends, while shorter time frames like 15-minute charts are more suited to quick, intraday moves. The key is to spot clear price movements that indicate an established trend. A trend isn’t always smooth, though. Prices often take temporary pauses, known as retracements. These short-lived pullbacks can be a good chance to enter the market at a better price. For traders with patience, swing trading—holding positions for days or weeks—is another way to ride trends and target bigger gains without the constant pressure of monitoring the market. In this article, Kar Yong Ang, a financial market analyst at Octa Broker, talks about the importance of understanding market momentum to maximise the potential of this strategy. Counter-trend trading: spotting reversals Counter-trend trading, or contrarian trading, is a more advanced approach. Rather than following the market’s direction, this strategy focuses on identifying moments when the market appears overstretched, signaling a potential reversal on the horizon. This approach can be riskier because it involves going against the flow. Timing is everything here. A contrarian strategy works best when there’s a good reason for a reversal, such as an asset hitting a historically high price or major news suggesting a market shift. For instance, if a currency pair spikes significantly, traders may expect others to start taking profits, leading to a pullback. The trick isn’t to aim for the entire reversal but to capture smaller, more achievable moves. However, this strategy demands precision and a strict risk management plan, as predicting reversals can be tricky. Trading the news: seizing opportunities News-based trading takes advantage of the market’s reaction to major events, such as economic data releases or political developments. This strategy is straightforward in theory but can be difficult to put into practice due to the speed at which markets react. Events like interest rate announcements or employment reports often trigger sharp movements in currency pairs. For instance, a positive jobs report from the U.S. Federal Reserve might strengthen the dollar, creating opportunities in USD-based pairs like EURUSD or USDJPY. The key to success here is preparation. Traders should keep an eye on economic calendars and know when major announcements are due. But be cautious—news can be unpredictable, and markets don’t always react as expected. Setting clear entry and exit points is critical to avoid unnecessary risk. The importance of risk management Regardless of the chosen strategy, risk management serves as the foundation of successful trading. Implementing stop-loss orders, managing leverage carefully, and maintaining diversified exposure are essential measures to safeguard trading accounts during periods of market unpredictability. By sticking to a solid plan and being disciplined with risk management, traders can improve their chances of long-term success. Strategies may vary, but the best results come from consistency and thoughtful execution. Trading isn’t about luck—it’s about preparation, patience, and the ability to adapt. These strategies offer a starting point for traders to refine their approach and navigate the ever-changing Forex CFD market. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups Through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT (Artificial Intelligence of Things) and EvTech (Electric Vehicle Technology). According to research conducted in 2023, Indonesia’s startup ecosystem ranked second in the Southeast Asian region1. Industry-wide and cross-sector support are crucial for the sustainable development of the tech startup ecosystem. STARFINDO is committed to nurturing the growth of tech startups in Indonesia. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally. “Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners. This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia. Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers, including Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group. During the seminar, engineering experts from Arrow and these technology suppliers presented the latest market trends. They also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over 90 attendees to see firsthand how these technologies are applied to real-world scenarios. “By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner. We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business. 1 https://www.statista.com/topics/10216/startups-in-indonesia/#topicOverview Hashtag: #ArrowElectronics The issuer is solely responsible for the content of this announcement. About Asosiasi Startup for Industry Indonesia STARFINDO is an Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of the Republic of Indonesia. The association was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. STARFINDO aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.

Media OutReach

Trend trading: insights and strategies from global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – Trend trading is one of the simplest and most reliable strategies for Forex traders. The idea is straightforward: identify the market’s direction—upward or downward—and place trades accordingly, buying in an upward market and selling in a downward market. Start by selecting a time frame. A daily chart can show larger trends, while shorter time frames like 15-minute charts are more suited to quick, intraday moves. The key is to spot clear price movements that indicate an established trend. A trend isn’t always smooth, though. Prices often take temporary pauses, known as retracements. These short-lived pullbacks can be a good chance to enter the market at a better price. For traders with patience, swing trading—holding positions for days or weeks—is another way to ride trends and target bigger gains without the constant pressure of monitoring the market. In this article, Kar Yong Ang, a financial market analyst at Octa Broker, talks about the importance of understanding market momentum to maximise the potential of this strategy. Counter-trend trading: spotting reversals Counter-trend trading, or contrarian trading, is a more advanced approach. Rather than following the market’s direction, this strategy focuses on identifying moments when the market appears overstretched, signaling a potential reversal on the horizon. This approach can be riskier because it involves going against the flow. Timing is everything here. A contrarian strategy works best when there’s a good reason for a reversal, such as an asset hitting a historically high price or major news suggesting a market shift. For instance, if a currency pair spikes significantly, traders may expect others to start taking profits, leading to a pullback. The trick isn’t to aim for the entire reversal but to capture smaller, more achievable moves. However, this strategy demands precision and a strict risk management plan, as predicting reversals can be tricky. Trading the news: seizing opportunities News-based trading takes advantage of the market’s reaction to major events, such as economic data releases or political developments. This strategy is straightforward in theory but can be difficult to put into practice due to the speed at which markets react. Events like interest rate announcements or employment reports often trigger sharp movements in currency pairs. For instance, a positive jobs report from the U.S. Federal Reserve might strengthen the dollar, creating opportunities in USD-based pairs like EURUSD or USDJPY. The key to success here is preparation. Traders should keep an eye on economic calendars and know when major announcements are due. But be cautious—news can be unpredictable, and markets don’t always react as expected. Setting clear entry and exit points is critical to avoid unnecessary risk. The importance of risk management Regardless of the chosen strategy, risk management serves as the foundation of successful trading. Implementing stop-loss orders, managing leverage carefully, and maintaining diversified exposure are essential measures to safeguard trading accounts during periods of market unpredictability. By sticking to a solid plan and being disciplined with risk management, traders can improve their chances of long-term success. Strategies may vary, but the best results come from consistency and thoughtful execution. Trading isn’t about luck—it’s about preparation, patience, and the ability to adapt. These strategies offer a starting point for traders to refine their approach and navigate the ever-changing Forex CFD market. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups Through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT (Artificial Intelligence of Things) and EvTech (Electric Vehicle Technology). According to research conducted in 2023, Indonesia’s startup ecosystem ranked second in the Southeast Asian region1. Industry-wide and cross-sector support are crucial for the sustainable development of the tech startup ecosystem. STARFINDO is committed to nurturing the growth of tech startups in Indonesia. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally. “Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners. This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia. Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers, including Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group. During the seminar, engineering experts from Arrow and these technology suppliers presented the latest market trends. They also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over 90 attendees to see firsthand how these technologies are applied to real-world scenarios. “By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner. We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business. 1 https://www.statista.com/topics/10216/startups-in-indonesia/#topicOverview Hashtag: #ArrowElectronics The issuer is solely responsible for the content of this announcement. About Asosiasi Startup for Industry Indonesia STARFINDO is an Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of the Republic of Indonesia. The association was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. STARFINDO aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.

Media OutReach

Trend trading: insights and strategies from global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – Trend trading is one of the simplest and most reliable strategies for Forex traders. The idea is straightforward: identify the market’s direction—upward or downward—and place trades accordingly, buying in an upward market and selling in a downward market. Start by selecting a time frame. A daily chart can show larger trends, while shorter time frames like 15-minute charts are more suited to quick, intraday moves. The key is to spot clear price movements that indicate an established trend. A trend isn’t always smooth, though. Prices often take temporary pauses, known as retracements. These short-lived pullbacks can be a good chance to enter the market at a better price. For traders with patience, swing trading—holding positions for days or weeks—is another way to ride trends and target bigger gains without the constant pressure of monitoring the market. In this article, Kar Yong Ang, a financial market analyst at Octa Broker, talks about the importance of understanding market momentum to maximise the potential of this strategy. Counter-trend trading: spotting reversals Counter-trend trading, or contrarian trading, is a more advanced approach. Rather than following the market’s direction, this strategy focuses on identifying moments when the market appears overstretched, signaling a potential reversal on the horizon. This approach can be riskier because it involves going against the flow. Timing is everything here. A contrarian strategy works best when there’s a good reason for a reversal, such as an asset hitting a historically high price or major news suggesting a market shift. For instance, if a currency pair spikes significantly, traders may expect others to start taking profits, leading to a pullback. The trick isn’t to aim for the entire reversal but to capture smaller, more achievable moves. However, this strategy demands precision and a strict risk management plan, as predicting reversals can be tricky. Trading the news: seizing opportunities News-based trading takes advantage of the market’s reaction to major events, such as economic data releases or political developments. This strategy is straightforward in theory but can be difficult to put into practice due to the speed at which markets react. Events like interest rate announcements or employment reports often trigger sharp movements in currency pairs. For instance, a positive jobs report from the U.S. Federal Reserve might strengthen the dollar, creating opportunities in USD-based pairs like EURUSD or USDJPY. The key to success here is preparation. Traders should keep an eye on economic calendars and know when major announcements are due. But be cautious—news can be unpredictable, and markets don’t always react as expected. Setting clear entry and exit points is critical to avoid unnecessary risk. The importance of risk management Regardless of the chosen strategy, risk management serves as the foundation of successful trading. Implementing stop-loss orders, managing leverage carefully, and maintaining diversified exposure are essential measures to safeguard trading accounts during periods of market unpredictability. By sticking to a solid plan and being disciplined with risk management, traders can improve their chances of long-term success. Strategies may vary, but the best results come from consistency and thoughtful execution. Trading isn’t about luck—it’s about preparation, patience, and the ability to adapt. These strategies offer a starting point for traders to refine their approach and navigate the ever-changing Forex CFD market. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups Through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT (Artificial Intelligence of Things) and EvTech (Electric Vehicle Technology). According to research conducted in 2023, Indonesia’s startup ecosystem ranked second in the Southeast Asian region1. Industry-wide and cross-sector support are crucial for the sustainable development of the tech startup ecosystem. STARFINDO is committed to nurturing the growth of tech startups in Indonesia. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally. “Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners. This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia. Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers, including Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group. During the seminar, engineering experts from Arrow and these technology suppliers presented the latest market trends. They also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over 90 attendees to see firsthand how these technologies are applied to real-world scenarios. “By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner. We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business. 1 https://www.statista.com/topics/10216/startups-in-indonesia/#topicOverview Hashtag: #ArrowElectronics The issuer is solely responsible for the content of this announcement. About Asosiasi Startup for Industry Indonesia STARFINDO is an Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of the Republic of Indonesia. The association was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. STARFINDO aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people. About Arrow Electronics Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.

Media OutReach

Trend trading: insights and strategies from global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – Trend trading is one of the simplest and most reliable strategies for Forex traders. The idea is straightforward: identify the market’s direction—upward or downward—and place trades accordingly, buying in an upward market and selling in a downward market. Start by selecting a time frame. A daily chart can show larger trends, while shorter time frames like 15-minute charts are more suited to quick, intraday moves. The key is to spot clear price movements that indicate an established trend. A trend isn’t always smooth, though. Prices often take temporary pauses, known as retracements. These short-lived pullbacks can be a good chance to enter the market at a better price. For traders with patience, swing trading—holding positions for days or weeks—is another way to ride trends and target bigger gains without the constant pressure of monitoring the market. In this article, Kar Yong Ang, a financial market analyst at Octa Broker, talks about the importance of understanding market momentum to maximise the potential of this strategy. Counter-trend trading: spotting reversals Counter-trend trading, or contrarian trading, is a more advanced approach. Rather than following the market’s direction, this strategy focuses on identifying moments when the market appears overstretched, signaling a potential reversal on the horizon. This approach can be riskier because it involves going against the flow. Timing is everything here. A contrarian strategy works best when there’s a good reason for a reversal, such as an asset hitting a historically high price or major news suggesting a market shift. For instance, if a currency pair spikes significantly, traders may expect others to start taking profits, leading to a pullback. The trick isn’t to aim for the entire reversal but to capture smaller, more achievable moves. However, this strategy demands precision and a strict risk management plan, as predicting reversals can be tricky. Trading the news: seizing opportunities News-based trading takes advantage of the market’s reaction to major events, such as economic data releases or political developments. This strategy is straightforward in theory but can be difficult to put into practice due to the speed at which markets react. Events like interest rate announcements or employment reports often trigger sharp movements in currency pairs. For instance, a positive jobs report from the U.S. Federal Reserve might strengthen the dollar, creating opportunities in USD-based pairs like EURUSD or USDJPY. The key to success here is preparation. Traders should keep an eye on economic calendars and know when major announcements are due. But be cautious—news can be unpredictable, and markets don’t always react as expected. Setting clear entry and exit points is critical to avoid unnecessary risk. The importance of risk management Regardless of the chosen strategy, risk management serves as the foundation of successful trading. Implementing stop-loss orders, managing leverage carefully, and maintaining diversified exposure are essential measures to safeguard trading accounts during periods of market unpredictability. By sticking to a solid plan and being disciplined with risk management, traders can improve their chances of long-term success. Strategies may vary, but the best results come from consistency and thoughtful execution. Trading isn’t about luck—it’s about preparation, patience, and the ability to adapt. These strategies offer a starting point for traders to refine their approach and navigate the ever-changing Forex CFD market. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

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