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Showing 1021 - 1030 of 1875 results for "broker"

New Aus equities product for BGC

BEN COLLINS  |  WEDNESDAY, 19 SEP 2012
A license to offer equity options and cash equities products has been granted to global brokerage company BGC Partners (BGC) by the Australian Securities Exchange. Set to launch 1 October, BGC said the products would boost the firm's range of over-the-counter ...

Lest we forget Lehman: Omgeo

MELANIE TIMBRELL  |  TUESDAY, 11 SEP 2012
... risk, how you're mitigating that, what's your operational process, what platforms do you use, how do you interact with your broker?" A more intrusive due diligence process within the operational risk management side of the business has driven most funds ...

Brokerage domination chokes competition: Paritech

MELANIE TIMBRELL  |  TUESDAY, 11 SEP 2012
The net effect of the domination a handful of large players have over Australia's brokerage market is cheap brokerage fees, but expensive administration and little innovation. That's according to independent player Paritech, whose chief executive Rick ...

Wilson HTM awarded damages

BEN COLLINS  |  MONDAY, 10 SEP 2012
... justice Patricia Bergin said this morning in the NSW Supreme Court, that commission and revenue statements tendered to rival broker Ord Minnett by Wilson's former Sydney desk boss Joseph Pagliaro were confidential. An order preventing Ord Minnett hiring ...

Self-reliant investors need professional advice: SFG

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
Clients who are becoming more self-reliant and focusing on 'when to retire' need professional advice, according to SFGA's managing director Tony Fenning, who yesterday delivered a 6% increase in FY12 underlying NPAT for the merged advice firm. Fenning ...

Ruling returns $62 million to MF Global customers

MELANIE TIMBRELL  |  THURSDAY, 30 AUG 2012
Failed global derivative network MF Global's Australian customers yesterday learned they would be entitled to the distribution of $62 million of funds pursued by creditors. A ruling in the NSW Supreme Court yesterday established that the $62.7 million ...

Financial Simplicity morphs into infrastructure solutions provider

ALEX DUNNIN  |  THURSDAY, 30 AUG 2012
Financial services technology company, Financial Simplicity has moved its business model away from investment administration and refocused on infrastructure solutions due to opportunities thrown up by changing market dynamics. Enda Mahoney, chief technology ...

Dangers of hybrid securities unrecognised: Adviser

LINDA HAUSKEN  |  WEDNESDAY, 29 AUG 2012
... In terms of determining the risks of these products, he said the best way is to "open up a fixed interest account with a broker and start reading their research." "If I want to determine the risks of hybrids for my client that's how I proceed, but if ...

Wilson staff shared information while sign on bonus was discussed

BEN COLLINS  |  WEDNESDAY, 29 AUG 2012
Lawyers representing Wilson HTM in legal action against fellow broker Ord Minnett have said that a former senior Wilson employee provided Ord Minnett with commission statements and contact details of advisers, at the same time he was negotiating a sign ...

Ord Minnett conspired to take us over: Wilson HTM notifies court

BEN COLLINS  |  TUESDAY, 28 AUG 2012
Ord Minnett planned to take over fellow broker, Wilson HTM, by paying sign on fees to poach its advisers, said Wilson HTM in the NSW Supreme Court yesterday. Five Wilson employees were paid approximately $5.4 million by Ord Minnett, the court heard. ...