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Showing 1 - 10 of 30 results for "OpenMarkets"

Openmarkets makes private wealth play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
Openmarkets is expanding into private wealth, with plans to attract 50 financial advisers over the next three years. Openmarkets' private wealth advisory has onboarded several new advisers across Australia in the past 12 months as part of a strategic ...

Openmarkets to merge, list on Nasdaq

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
Trading and wealth management technology provider Openmarkets has entered a plan to merge with Lake Superior Acquisition Corp - a publicly traded special purpose acquisition company (SPAC). Upon completion of the merger, the newly combined entity will ...

Private wealth group splashes $182m on Hejaz

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... finance solutions," he said. Hejaz also has offerings in superannuation and Halal ETFs. Last year, Hejaz appointed Openmarkets to facilitate its Shariah-compliant investment platform. These include the Hejaz Equities Fund (ASX: ISLM), Hejaz Property ...

OpenMarkets brings on corporate advisory firm

JAMIE WILLIAMSON  |  THURSDAY, 2 MAY 2024
... and management buyouts. Under the agreement, Rawson Lewis will operate as a Corporate Authorised Representative of Openmarkets. OpenMarkets chief executive Dan Jowett said the company is looking to capitalise on onshore and offshore equity capital markets ...

Hejaz awards technology mandate to wealth platform

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Hejaz has appointed wealth fintech Openmarkets to equip its in-development Shariah-compliant investment platform with trading and execution technology solutions. Openmarkets will support the platform with API-led market infrastructure technology, enabling ...

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... maximise the company's value and deliver growing shareholder returns," Christian said. Selfwealth was integrated with Openmarkets, which recently copped a $4.5 million penalty from ASIC and was forced to undergo an enforceable undertaking. At one ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
Openmarkets Australia has paid a $4.5 million penalty, the largest sanction ever imposed by an ASIC Market Disciplinary Panel, after contravening market integrity rules. An ASIC investigation was triggered by a series of transgressions, most notably ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... younger investors were the highest adopters of a buy-and-hold strategy compared to Gen X and Baby Boomer generations, Openmarkets found. "In Q1 2023, millennials and Gen Z executed the lowest number of trades, with 64% of these being buys. Despite the ...

Openmarkets launches custody offering

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
... revamped trading platform now has a custody capability that holds Australian equities on behalf of retail investors. Openmarkets has partnered with Syfe, an Asia-Pacific investment platform that has offices in Singapore, Hong Kong and Australia. Syfe ...

Openmarkets secures chief financial officer

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
... in a US listed environment. Prior to that, she worked in PwC Australia's chief financial officer advisory division. Openmarkets chief executive Dan Jowett said Majithia's experience in US listed markets and international financial management expertise ...
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