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Showing 1 - 10 of 89 results for "Online trading"

Heightened cyber threats require greater accountability on governance

MATTHEW WAI  |  WEDNESDAY, 27 MAY 2026
... sizes bear the same risks. Meanwhile, Julius Anuari, senior administrator from Eightcap - a fintech platform for online trading - also expressed the importance for companies to implement a sound security foundation. He said as Eightcap continues to scale ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... dishonestly obtained a total of $940,350 from eight victims, seven of whom were clients of Guevara Capital Access and/or Online Trading Capital (both deregistered). McCabe was sole director of both companies. He used the stolen funds for his own benefit ...

Finfluencer failed to disclose paid promotions, says regulator

JAMIE WILLIAMSON  |  WEDNESDAY, 30 APR 2025
... impact of finfluencers. Participants were exposed to a variety of posts promoting a particular asset during an online trading simulation, all designed to resemble Reddit, X, and YouTube posts. Close to 40% of those exposed to the posts purchased the ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

Bell Financial absorbs 75k Macquarie accounts

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... and Macquarie Bank have reached an agreement which will see approximately 75,000 accounts transfer from Macquarie Online Trading to the Bell Direct and Desktop Broker brands. The transition of accounts from Macquarie is expected to be completed after ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... of its fintech CARs managed large pools of investor assets and serviced large retail client bases. Some offered online trading platforms and crypto-based investment products that posed great risks to retail clients. The corporate watchdog also identified ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
The former director for Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences ...

Lanyon to launch ETMF on ASX

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
... investment platforms," it said. Lanyon said investors have the option of buying units on the ASX through stockbrokers or online trading platforms. Lanyon added that there is no additional onboarding required or minimum investment. "This is an exciting ...

Superhero introduces $2 brokerage

KARREN VERGARA  |  MONDAY, 15 APR 2024
... the platform has achieved since it launched in 2020. "Superhero leverages a sophisticated omnibus model for its online trading platform, typically reserved for major institutions, which streamlines operations and reduces costs, and benefits that are ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... on specific stock actions. Following this, the Federal Court permanently barred Scholz from operating fee-based online trading groups, sharing trading advice without an Australian Financial Services Licence, and carrying on any financial services business ...
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