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Showing 1021 - 1030 of 7811 results for "Trade"

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In its full year results, trading platform SelfWealth reported revenue increased 135% driven by a 105% increase in active traders on the platform. The company also reported operating cash flow of $1.1 million, up from negative cash flow of $147,000 ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... sufficient capital was raised for it to meet its AFSL capital requirements. In effect, the audit failure enabled Halifax to trade while being prima facie insolvent. The clients of the now-defunct Halifax used several trading platforms to invest in financial ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... replacement remains April 2023. Stevens also referred to the outage in November last year which saw investors unable to trade for 24 hours. The outage was due to a software issue limited to the trading of multiple securities in a single order creating ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... shares and ETFs will now pay $5 in brokerage fees, down from $6.99. The $5 minimum amount is charged based on the total trade amount or whichever amount is higher according to its pricing tiers. Investors in the Classic tier with a minimum $3000 will ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... closed stamping fee loopholes and managers gravitated towards open-ended listed structures such as ETFs which don't trade at the premiums or discounts seen in closed-ended listed funds. Lanyon said it has formally committed to reinvesting 100% of ...

State Street hires for APAC

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
... party and margin management which empowers clients to tailor their collateral management service. It includes efficient pre-trade and collateral analytics enabling clients to decrease margin and funding costs. "Collateral management is fundamental for ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
AMP's 57% year-on-year jump in its half-year profit shows positive signs of recovery but it's still a far cry from the company it was four years ago. In the six months to June, the group's underlying net profit after tax hit $181 million ...

New retail investors go digital

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... pre-pandemic levels. In the first half of the year, when lockdowns were eased, 148,000 new online investors placed their first trade compared to the higher figure of 170,000 in the second half of 2020. "The pandemic has significantly shifted the Australian ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BT's $169 billion platform, the largest in the country, was down all last week - leaving advisers frustrated and clients unable to move money. Disruption to BT Panorama started on Monday August 2 and full service was not restored until Sunday August ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
... roughly 110,000 settled trades per day on behalf of clients. "The new record of assets under custody, as well as significant trade and processing volumes, continue to be seamlessly supported by ACSA members on behalf of clients, and demonstrates continual ...