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Showing 991 - 1000 of 6536 results for "Exchange"

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... Australian Government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip Lowe announced on Monday ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... investors of its plans to delist six of them, telling investors that the funds were unlikely to become viable as ASX-quoted exchange funds. "This is primarily due to insufficient scale, leading to costs that are disproportionately high as a percentage ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ...

Chi-X continues TraCR roll out

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
... was likely to gain popularity among investors, by allowing direct, single-stock exposure to Google in a way no other exchange in Australia currently can. "The addition of Alphabet presents a huge opportunity," Jokovic said. TraCRs are issued by Deutsche ...

Philippines halts all trading

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
The Philippines Stock Exchange (PSE) has announced it will halt trade until further notice, making it the first nation to close markets. The PSE made the announcement to the stock market, saying the decision is to ensure the safety of employees and ...

Investec AM rebrands

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... independent global asset manager. Now known as Ninety One, the firm's shares will list today on both the London Stock Exchange and the Johannesburg Stock Exchange. Ninety One founder and chief executive Hendrik du Toit said despite the current market ...

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... benefits in the form of fee waivers and interest rate discounts as well as bonus interest on savings on 22 CBA products, in exchange for the payment of package fees. ASIC alleges not all those benefits were provided and that as a result customers were ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
Australia's financial regulators stand ready to take a range of actions to ensure the effective operation of financial markets, including the relaxation of some regulatory requirements and the acceleration of outstanding customer remediation. As ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
... director and chief executive of ASX-suspended fintech iSignthis is the new interim chief executive of the National Stock Exchange of Australia (NSX). John Karantzis will step into the role effective immediately, having recently been appointed a director. ...

Florida fraudster swindles investors out of $60 million

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... least 30 investors out of $60 million (US$39 million), and put the funds straight into his own pocket. The Securities and Exchange Commission has frozen assets and obtained other emergency relief against investment adviser Kinetic Investment Group and ...