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Showing 111 - 120 of 5714 results for %22Trading%22

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... product. ASIC alleges eToro's target market for its CFD product was far too broad for such a high-risk and volatile trading product where most clients lose money. The regulator also claims that the screening test was wholly inadequate to assess whether ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... calculates Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw, and share-trading accounts. Over the past six months however, savings have been in steady and steep decline, as they eat into their savings ...

State Street brings Fund Connect ETF Portal to Australia

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... market, the creation and redemption process still relies heavily on manual tasks including faxes." We believe an electronic trading solution like the Fund Connect ETF Portal will bring significant value to ETF issuers and APs in Australia. Importantly ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
CommSec is rolling out a new international share trading platform, offering access to 13 equities markets for as little as US$5 brokerage. The new service will initially be made available on the CommSec website, to be made available via the app in time. ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
Macquarie Group has reported a decrease in earnings for the first quarter of 2024, influenced by weaker trading conditions. Macquarie chief executive Shemara Wikramanayake said the drop in profits was influenced by a reduction in investment related ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... of Australian Agricultural Co, Joe Lewis, has been criminally charged in New York for orchestrating a "brazen insider trading scheme." Lewis, founder of investment firm Tavistock Group, is facing 16 counts of securities fraud and three counts of conspiracy. ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... while 88% believe it can unlock previously undetectable investment opportunities and 69% believe it will accelerate day trading, all strategists said will increase potentially fraudulent behaviour. "Big tech helped equities come roaring back in the first ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... (32%) and cashflow modelling (31%). There is also strong demand for their technology to integrate with bank accounts, trading tools, and appointment scheduling to support meeting growing client demand. In the past year, many advisers consolidated the ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... and apologises for the concern this matter may cause for our clients," the manager said. Vanguard said it requested a trading halt on VEFI on 15 February 2021. The halt was lifted on 16 February 2021, after Vanguard issued an ASX announcement for the ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... company's AGM, which followed a major restructure in April, aimed at enhancing the group's focus on financial advice, trading and market data, and superannuation.