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Showing 111 - 120 of 5702 results for "Trading"

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... be independently chaired and "advise on significant strategic clearing and settlement issues relating to cash equities trading in Australian markets with a focus on CHESS replacement." The roundtable is expected to be hosted in August and chaired by ...

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... company's AGM in May. It also follows a major restructure in April aimed at enhancing the group's focus on financial advice, trading and market data, and superannuation. Since, Iress rolled out a new digital advice tool, securing initial agreements with ...

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
The chief executive of online trading platform Selfwealth has left the ASX-listed firm with "immediate effect". Cath Whitaker vacated the top job she assumed in April 2021. Paul Cullinan, currently the interim chief financial officer, will assume the ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... investigation was triggered by a series of transgressions, most notably Openmarkets' failure to respond to suspicious trading activities by a client. The client had placed identical bid and ask orders on the same security at the same price, potentially ...

Bentham opens fund to retail investors

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... from credit in 2023 to remain bumpy, the potential returns over the medium return remain attractive, with credit spreads trading above historical averages. "With rates normalising and credit spreads at current levels, returns from fixed income and credit ...

NGS, Minderoo back Adamantem fund

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... that help the transition to a net zero economy, underscored by private equity and responsible investing strategies. PAC Trading, a provider of sustainable packaging solutions, is the fund's first investment. The EOF is targeting $350 million in total. ...

Calastone, Schroders collaborate on tokenised investment vehicle

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... chief technology officer Adam Belding said the application of distributed ledger technology (DLT) and tokenisation across trading, administration, and distribution could foster potential transformations in the value chain. "We've been working with DLT ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... access client accounts and make unauthorised transactions. In May 2020, Wertheimer made 48 unauthorised transactions on the trading accounts of 36 clients using the Netwealth platform. He also lodged five hard copy investment instruction documents with ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... The six orders were recognised by Morrison's filters as aberrant orders and diverted to Morrison's Designated Trading Representatives (DTR) for review. The DTRs approved the six orders, which resulted in significant price variations in the relevant ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... 63 complaints for the period. A little-known firm called Best Leader Markets which operates derivatives, forex margin trading and CFDs, received 614 complaints between July and December 2022. Separately, ASIC has recently called upon the expertise of ...