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Showing 151 - 160 of 5724 results for %22trading%22

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management and Zhao face a total of 13 charges, with the SEC claiming the company and stakeholders have ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... yesterday, highlighted key risk areas, one of which will force the ASX to increase its capacity to cater for unprecedented trading volumes. Currently, it maxes out at 10 million trades per day. ASIC pointed out that CHESS requires further stakeholder ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
Two former directors of collapsed retail over-the-counter derivatives provider Berndale Capital Securities have been charged with dishonesty offences, including misusing over $1 million in company funds. Stavro D'Amore and Daniel Kirby are alleged to ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... order relating to its distribution of contracts for difference (CFD). The stop order prevents the broker from opening trading accounts or dealing in CFDs or margin foreign exchange contracts (margin FX) to retail investors. ASIC said the action is its ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... services relating to the financial, professional services and telco sectors. The UK is Australia's second-largest services trading partner, accounting for 8.8% ($11.7bn) of services trade in 2021-22. To grow the UK's direct investments here, the agreement ...

4D Infrastructure welcomes new investment director

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... early development of the business and worked as an analyst covering Australian infrastructure stocks and led the global trading desk from Sydney and London. In the role, Snelgrove was responsible for enhancing best practices across regulatory developments ...

Aware Super bolsters strategy team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... for three years - Anthonisz was a senior quantitative analyst working on asset allocation. He previously managed quant trading and research programs in investment banking and hedge fund environments and has a strong relationship with academia. Until ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... advice sectors, particularly concerning breaches of the Corporations Act 2001 related to client suitability assessments for trading. A particular financial firm was found negligent in its responsibility to evaluate a client's aptitude for trading ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... regulator said. The interim orders prohibited Saxo from issuing eight types of derivatives to retail clients and opening trading accounts for new retail clients to trade in those derivatives. The derivatives included single stock CFDs, FX CFDs, ETFs ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... and short-term wins, it is interesting to see this is not necessarily reality. Our data shows younger Australians are trading less, sticking to stocks they know and gradually accumulating them to build long-term wealth," Openmarkets chief executive Dan ...