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Showing 131 - 140 of 5714 results for "Trading"

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 ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... to futures markets to reflect developments with AI next financial year. "We are also planning to update our electronic trading guidance for the same reason," he said. Longo emphasised the need for "controls alignment with innovation". "Our expectation ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
Defined as the top 10% of investors by wealth and trading volume, high value investors (HVIs) have shifted their appetites when it comes to financial risk, according to the ASX Australian Investor Study 2023. While the report noted an even distribution ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... aren't necessarily consistent with where the real market is," Bedingfield said. "If you look at REITs, they tend to be trading at discounts to the underlying physical real estate because there's an expectation that the underlying real estate ...

ETF explainer: Understanding their structure

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... created, the market maker, should they also be the authorised participant, can list these on the secondary market for trading. The redemption process operates in reverse, where ETF units are exchanged for their underlying assets. Meanwhile, Montgomery ...

Former Big Un executive smacked with insider trading charge

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... Andrew Corner, the former chief financial officer of defunct Australian tech company Big Un, has been charged with insider trading. In 2018, Big Un experienced a spectacular surge before allegations surfaced that it was paying commissions to a financial ...

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
FinClear has won a mandate to provide third-party clearing and trade support services to a global trading platform that recently hit Australian shores. Webull, which has soft launched in Australia, is a market participant of the ASX and Cboe Australia. ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... gearing currently has a market value of $20,000. Managed discretionary accounts plus a basic AFSL goes for $40,000. Forex trading plus a basic AFSL fetches $500,000 or more. There are currently two main categories of buyers: those with the capacity to ...

Former QIC exec now OMERS risk chief

ELIZABETH FRY  |  FRIDAY, 9 JUN 2023
... total portfolio risk. Barnes spent 14 years at QIC ending up as deputy risk chief, where she also led a global derivative trading team. "Since joining OMERS in 2020, Deb has proven herself to be deeply committed to delivering business outcomes and championing ...